America 1919-Chapter 456 - 177. Curtain falls (A ten-thousand-word chapter, repaying the debt~)_5
If one must find an analogy for the current Sinclair Oil Corporation, then a bomb wrapped in cake is incredibly fitting!
The situation at Sinclair Oil Corporation is indeed like a bomb—its stock price is definitely going to fall. But as I’ve said before, the assets of Sinclair Oil Corporation itself are of high quality; as long as they can weather this period, the stock price of Sinclair Oil Corporation will certainly bounce back, and the company will undoubtedly create vast amounts of wealth.
At this moment, everyone is following suit and dumping Sinclair Oil Corporation’s stock, essentially aiming to drive its price to rock bottom, and then to buy in at the lowest point!
Which means, Sinclair Oil Corporation is now a hot commodity in many people’s eyes.
Donnie wants it, and so do others.
And here lies the problem. Donnie could ignore Harry Sinclair, but he couldn’t afford to ignore those behind the scenes who also wanted it. Each one was a behemoth, each an entity he couldn’t afford to provoke at the moment.
Donnie’s original plan was to wait until the Teapot Dome scandal broke out in ’23; that would be another round of bombing against Sinclair Oil Corporation. By then, his own strength would have definitely increased, and it would be much smoother to acquire Sinclair Oil Corporation at that time.
But now, Harry Sinclair had actively delivered Sinclair Oil Corporation to his doorstep!
Truth be told, it was impossible not to be tempted—even without the Teapot Dome oil field, the oil fields owned by Sinclair Oil Corporation were highly coveted by Donnie!
So... to take it or not?
If he took it, there would be endless trouble. Moreover, those coveting Sinclair Oil Corporation might continue to attack it, and he would go from being the attacker to the defender!
More importantly, these people would definitely create problems through various channels. Even if Sinclair Oil Corporation itself was a quality company, it might be rendered insolvent by them eventually!
Harry Sinclair, what a sly fellow—he wanted to kill two birds with one stone!
A single decision had plunged Donnie into a dilemma.
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"Donnie!"
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Just as Donnie was mulling things over, William Mellon called out to him.
Donnie turned his head to look at William Mellon and frowned again. Harry Sinclair, that sly guy, wasn’t going for two birds with one stone, but three.
Probably as soon as he saw William Mellon, he guessed that he and Donnie were on the same side. So now that he had offered up the cake that was Sinclair Oil Corporation, it was impossible for William Mellon not to be tempted.
If Donnie himself didn’t accept, it was likely to cause a rift with the Mellon Family.
"How about it? Isn’t my suggestion a good one?" Harry Sinclair said with a smile at this moment, "Isn’t this what you’ve always wanted?"
In the end, Donnie shook his head and said, "Your suggestion is good, but I don’t accept it!"
"Donnie!" William Mellon shouted loudly.
They had clearly talked about finding the right opportunity to acquire Sinclair Oil Corporation, and now Harry Sinclair had delivered the cake to their lips, yet Donnie was about to let it go!
And in Harry Sinclair’s eyes flashed a hint of panic.
He hadn’t expected Donnie to refuse such a huge temptation!
"William, I don’t accept it, but Gulf Oil can. I think Harry Sinclair’s hatred for you should be much less than his hatred for me, right?"
Donnie returned to his seat, honestly admitting that giving up Sinclair Oil Corporation was a very difficult decision for him, but no matter how hard, it had to be made!
Having just caused such a commotion on Wall Street, where attention was already focused, if he acquired Sinclair Oil Corporation at this time, it would indeed be like putting himself on the stove.
Unexpectedly, the situation had evolved to the point where Harry Sinclair had turned the tables. If he did sell Sinclair Oil Corporation’s shares later on and the original shareholders were the ones to buy them, it would be even more difficult for Donnie to get hold of Sinclair Oil Corporation in the future!
Harry Sinclair did not heed Donnie’s advice but continued to entice, "Donnie, this is a company that will one day break the hundred million US Dollar market cap, and oil will definitely become a strategic resource in the future. Are you really just going to watch it slip through your fingers? Even if you are now shorting Sinclair Oil Corporation, how much can you earn?
At most a few million US Dollars—is that really satisfying to you?"
Having already made up his mind, Donnie naturally couldn’t be swayed by Harry Sinclair and calmly shook his head, "Sinclair, I’m very clear about what you have in mind. Right now, I definitely cannot take Sinclair Oil Corporation, you should approach someone else!"
"I!"
William Mellon immediately interjected, "Donnie, didn’t you just suggest Harry sell Sinclair Oil Corporation’s shares to our Gulf Oil?"
Donnie gave William Mellon a look and said helplessly, "Just give your uncle Andrew a call, and you’ll know the reason!"
Without any hesitation, William Mellon turned and left to make the call.
Watching William Mellon leave, Harry Sinclair continued to speak to Donnie, "Donnie, you should know that if you lose this opportunity, it will be impossible to want Sinclair Oil Corporation in the future!"
