C.B pharmaceuticals stock crash.
Matching the timing and potential payoff that I could make from exploiting this information, I decisively started making preparations.
First things first, opening my watch I checked my bank account.
Student: Ren Dover
Age: 16
Balance: 9.897 U
Withdraw Deposit
"Hmm...a little bit under 10,000 U"
Should be about enough, but...
Pondering for a little bit, I sighed and organized my thoughts.
A month after the academy had officially started, Thobias Church, head researcher of C.B pharmaceuticals was found dead in his high-security apartment complex.
All the news agencies and big guilds were shocked by the news and immediately reported it to the media and their respective guild members.
The news spread fast, reaching all major figures' ears in the span of minutes.
It was the first high-profile assassination that had occurred in decades, with many starting to fear for their lives as a result of this accident.
[Thobias Church, a forefront name in the potion-making industry is found dead in his home with one slit on the throat.]
[Forensic evidence indicated that he was assassinated by rank 37, Silent creeper, of the villain list.]
[This can be inferred from the clean slit on Mr. Church's throat, which is a signature assassination method adopted by rank 37, Silent creeper]
[Later when investigators were investigating the scene, another stunning revelation was discovered.]
[The recipe for the [Body enhancing potion] was found missing.]
This revelation shocked the pharmaceutical industry.
Potion recipes were an alchemist's biggest secret.
Each potion, such as the [Body enhancing potion] had various variations to them.
The variations occurred depending on the alchemist who was making the potion.
Some, being far more effective than the ones available on the market, while others performing far worse than the ones available on the market.
The better-performing ones would be sold to distinguished buyers, while the worse performing ones will be either discarded or illegally traded in the black market.
In the case of Thobias Church, because he was a highly acclaimed alchemist, his [Body enhancement potion] which only he knew the recipe of, was considered to be the best in the market.
As C.B pharmaceuticals head researcher, he had every right to decide who to sell and who not to sell the potion to.
In this case, his [Body enhancement potion] were each sold to the high-ranking guilds who needed it for when they needed to perform a raid.
With him gone, suddenly a gap in the [Body enhancement potion] market appeared.
The result of Thobias Church's death had a bigger impact than what people had predicted.
Especially on C.B pharmaceuticals the number one pharmaceutical company in the human domain.
two hours after Thobias Church's death was announced, C.B pharmaceuticals stock plummeted by 17%, falling from 123.71 U to 102.68 U
Later that evening, 5 hours after the first plummet, C.B stock further plummeted by a further 43% reaching 58.53 U.
Due to investors dumping the stock to try to mitigate their losses, the stock further fell until it stabilized at 21.65 U.
Chapter end
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