“Then why the hell is he unloading?” growled Cheadle.
“To bust me. He thinks I’m trying to get hold of Apex Crown. He’s doing the very thing I knew he would do—I knew it from the day I met you first and got your report of the petering vein! He figures that because I double-crossed him I’ve got a yellow streak. He thinks that I want Apex Crown because I know about that chemical process. And what does he do? He—”
Cheadle broke in with a coarse laugh. “Then he still thinks the ol’ mine is worth hanging on to?”
“Of course. You and I are the only men who know it isn’t worth a damn. Dickover hates me now, hates me bad enough to ruin himself to get my pelt. He’s trying to smash Apex Crown as flat as a pancake, and he’ll do it before noon to-day! He figures that I’ll get scared. He’s dead sure that I’ve got a yellow streak. He’s gambling that when Apex Crown gets away down, I’ll grow scared and unload to save something from the wreck. See?”
“Uhuh! But what will you do? What’s your game? How the devil do we make a killing out of this?”
“We bought our stock at two to five cents, didn’t we?” Henderson laughed. “About noon Apex Crown will be flat. When it is, then I dump over a hundred thousand shares in small lots. Dickover thinks I’ve fully unloaded; he steps in to grab the stock. I help him by grabbing back my hundred thousand shares, and the price goes up. Worse than that, it skyrockets! When it gets to a dollar, which is about the limit, we’ll unload for good. We’ll get rid of the whole thing at between a dollar and fifty—and clean up a hundred thousand odd dollars!”
“Whew!” Cheadle’s whistle of admiration changed and died suddenly. “But say! Ain’t that stock juggling illegal? Ain’t the gov’ment going to investigate?”
“Let ’em!” Henderson laughed scornfully. “If they can ever prove anything on Dickover or me, either, let ’em! Think we are fools? With that hundred thousand, and the low-grade properties I’ve already got, I’ll be fixed for life when news of that chemical process gets into print! And I’ll see that it does get into print before many more days.”
Again the telephone jingled.
“Some boob is buying,” snarled Henderson, reporting to his partner in rascality. “But the price is going down just the same. Four here and two and a half in Los Angeles.”