On the other end of the phone, Tang's current CEO Zhao Quan's anxious voice came, "Yes, two hours ago, someone in the market started shorting Tang's stock. I immediately sent someone to go long with the other party, but the other party's funds seemed to be endless. In less than two hours, Tang's stock price had been pulled down by 0%."
"Mr. Tang, I called to ask you, should we close our positions to stop losses first, or continue to buy to pull back the stock price?"
When Tang Ruolan heard what the other party said, she was stunned for a long time and couldn't recover.
She didn't understand business, and the CEO named Zhao Quan was a talent she specially recruited from abroad.
Ever since she and Old Lady Tang took charge of the Tang Corporation, they replaced the old people in the Tang Corporation who were loyal to Tang Xinluo's parents, leaving only a group of senior executives who were willing to obey them.
It's fine when nothing is going on, but when a crisis really happens, there is no one around who is really useful.
"No, Tang's stock price cannot fall, you must find a way to stabilize it!"
They had just won the lawsuit. Originally, 40% of Tang's shares were in the hands of Tang Xinluo, 5% in the hands of Tang Ruolan, and 10% in the hands of Old Lady Tang.
Later, Tang Xinluo and Lu Qinghao divorced and Lu Qinghao took away 0% of the shares, and then they snatched away the remaining 0% of the shares.
A while ago, Lu Qinghao seemed to be short of working capital, so he sold the 0% stake to them at a price slightly lower than the market price.
Now, Tang Ruolan and Old Mrs. Tang together own 55% of Tang’s shares.
In order to buy Lu Qinghao's 0.0% of Tang's shares, Old Lady Tang and Tang Ruolan invested almost all the funds they had available.
If at this time, Tang's stock price plummeted and turned into a pile of waste paper, they would have no choice but to declare bankruptcy.
"Mr. Tang, if you continue to add more shares, you will probably lose everything in the end. It's not too late to cut your losses now. Even if you sell Tang's shares at the current price, you and Chairman Tang will be able to keep a large amount of funds and make a comeback."
Zhao Quan is a professional manager and has no feelings for Tang.
For him, it is better to keep the money and start a new business in the future rather than saving a company that is obviously being attacked.
Although his approach lacks entrepreneurial spirit, it is a good way to protect himself.
If Tang Ruolan really listened to him, perhaps she could have kept half of her wealth.
"No, absolutely not!" Before Tang Ruolan could say anything, Old Mrs. Tang next to her snatched the phone away.
"No matter how much money it costs, we must save Tang's! If Tang's is gone, how can I have the face to go downstairs to see the master! Tang's cannot fail, absolutely not!"
Old Mrs. Tang holds the largest share of Tang Corporation, and Zhao Quan dare not disobey her.
"It doesn't matter if you don't have the money to fight the other party. Just go borrow from the bank and use my shares. At worst, I still have a few properties under my name. I can put them all into the bank and I must bring the stock price back up!"
When Tang Ruolan heard that the old lady was determined to save the Tang family at all costs, she became so worried that her eyes turned red!
Mrs. Tang didn't understand the ups and downs of the business world. The stock price dropped by 0% in two hours. The other party was obviously well prepared. Facing such an opponent, it was impossible for them to keep Tang's company just because they wanted to.
Tang Ruolan thought to herself that she had to leave herself a way out.
The originally cheerful atmosphere suddenly turned into a gloomy one.
Three days later, Tang's stock price had fallen below freezing point, and people holding Tang's stocks on the market sold them one after another, while the stocks, which were equivalent to a piece of waste paper, were bought back by interested parties. (To be continued)