God of Technology: Creating the Internet in Another World-Chapter 341: Reaching Consensus, Growing More Insane

The crazy stock market continued for another three days.

The first batch of listed companies were still rising slightly.

But the gains weren’t very obvious anymore.

Take the Roster Territory Group Company, for example—the stock price had basically stabilized at 22.5 gold coins per share.

Of course, flipping 22.5 times in just ten days was already pretty outrageous.

But the price gains for newly listed companies like the Wool Guild remained absurd.

Seeing his family’s stock price reach 9 gold coins per share, Wool Ryan immediately said to the Pastoral Pope: "Get ready to sell. The 1.24 million shares the two of us hold—dump them all. Sell however much we can, however fast we can! Wait, we can’t throw them all out at once. We need to pace it. Let me think... dump 200,000 shares first, at 9.1 gold coins."

"We’re not waiting? I feel like there’s still room for growth."

The Pastoral Pope’s gaze was somewhat heated. When it first went public at 3 gold coins per share, he’d felt like they were taking a loss, but now the situation was completely different!

He knew clearly that the Wool Guild was definitely not worth this price.

At least twice too expensive!

But so what?

The crazy gains had made him a bit crazy too.

"Sell! Listen to me!"

Wool Ryan said in a very serious tone: "If it keeps going up, we won’t be able to sell. Remember, never sell at the peak. Only crazy investors can take all the stock off our hands."

At 9 gold coins, there were still quite a few ordinary people and minor nobles who could afford it. If it went up more, they might not necessarily make a move.

Only 2 million shares were circulating in total, yet 1.24 million shares were in their hands.

If they continued hoarding and it kept rising, the ones taking over would be the big nobles.

But big nobles had better options.

At that point, selling would really be difficult.

Moreover, Wool Ryan clearly knew one thing—stocks couldn’t just keep rising forever. Right now, after ten consecutive days of skyrocketing, even the most garbage companies were rising slightly. This had caused many people to develop a mistaken perception—thinking that stocks could keep rising forever.

Once a drop appeared, people’s awareness might snap back. At that point, trying to sell would be hard, and it would definitely affect the plan.

So they had to be the first company to drop.

Hearing his son’s words, the Pastoral Pope suddenly reacted: "Almost forgot—what we need to earn is money from people who think like me. If we drag this out any longer, we won’t be able to sell in time."

Right then.

The Pastoral Pope and Wool Ryan reached consensus.

The two began dumping on a large scale.

At first, the selling price actually rose slightly, just like normal trading.

Later, the price gradually stabilized and even dropped slightly.

But even so, most people didn’t think anything was wrong.

Some smartasses even thought this was an opportunity.

Some groups that thought they already held enough Wool Guild stock also thought this was a chance to expand their influence—like the Gray Fort Empire Church Alliance.

Under the crazy buying of various teams and retail investors, the 1.24 million shares were quickly all cashed out.

The most expensive share sold for 9.3 gold coins, the cheapest for 8.6 gold coins.

Looking at the extra 6 million-plus gold coins in his account, the Pastoral Pope’s smile nearly reached the sky.

"Hahaha, son, I’m proud of you. In just three days, we made over 6 million gold coins! Even more profitable than live streaming sales. No, how can live streaming sales even compare? High income from live streaming is still built on a year of hard work, but this was basically like picking up free money!"

The Pastoral Pope’s excited shouts echoed through the church. Good thing his office area was soundproofed, otherwise who knows what kind of discussion it would spark within the church.

After being excited for who knows how long, the Pastoral Pope suddenly changed topics: "Son, what should we do next?"

"Buy stock in other companies, or pause for a bit and watch the market situation?"

"Wait. Wait to buy back our stock." Wool Ryan showed a hint of a smile.

"Buy back our stock? When? Our stock shouldn’t have much room for growth, right? No, our stock only has room to drop, right?" The Pastoral Pope was a bit confused.

"That’s why we wait."

Wool Ryan said: "I’ve already contacted the World Economic News Agency and told them what happened today. I had them prepare to report it directly. Then during my live stream, I’ll also create this impression that my father, the Pastoral Pope, thinks our Wool Guild isn’t worth this price."

"Wouldn’t that make our guild’s stock price crash soon? Didn’t you say stocks are all about confidence?"

"Right, we need it to crash. Best if it drops below 5 gold coins—4 gold coins, 3 gold coins, even 2 gold coins, all fine. The lower the better." Wool Ryan said with a smile.

But the Pastoral Pope felt a chill down his spine.

He’d already understood his son’s meaning.

Actively cool it down, make people lose confidence in the Wool Guild, cause the stock price to crash. When it hits rock bottom—no, just when it drops below 5 gold coins—they could start gradually buying. But slowly, trying not to affect the downward trend as much as possible.

When it got even lower than the real value, they’d start hoarding on a large scale.

When the market calmed down and people realized that the Wool Guild’s value was actually above 5 gold coins, the price would return, and they could make another killing, right?

Plus, as the people in charge of the Wool Guild, they could actively trigger certain things to raise or lower the Wool Guild’s value.

That evening.

The World Economic News Agency reported that the Wool Guild’s stock price crashed. The Wool Guild president, the Pastoral Church Pope, believed the Wool Guild’s stock price was too high, and the crash was a normal phenomenon. According to confirmation from World Economic News Agency reporters’ interviews, the Wool Guild president had already dumped all his circulating shares and was waiting for the value to return to rationality.

As soon as this news came out, the entire Magic Net exploded.

"What the hell?"

"Value too high? There are people who think their own stuff is too expensive?"

"So the crash today was because the Wool Guild president dumped their own stock on a large scale? And basically cleared it all out?"

"No wonder it dropped so absurdly this afternoon. Turns out it was because of this!"

"How much is Wool Guild stock actually worth? Is it really like he said, the price is too high?"

"How’s that possible? How much is one of their shares? How much is the Roster Territory Group Company? How much is the Southern Development Company? How much is Dragon Delivery?"

"The problem is every company has different scale and profitability!"

All kinds of discussions and cursing were running hot and heavy on the Magic Net.

On the other side.

Viscount Roster looked at this scene and pondered briefly: "Megan, keep up the pressure. Expose some news that might cause the Wool Guild to crash!"