Ming Reminisces

During The Panic of 1873, Ming of course, was still a mere stripling working in a hand laundry, although why anyone sent their hands out to be laundered always escaped him. The Grunderkrach, or founder's crash, was the trigger when the Vienna Stock Exchange foundered. The Long Depression lasted until 1879 and was caused by false overexpansion and dishonest manipulation. To this day, you can't mention Northern Pacific Railway bonds without Granduncle Fong infarcting. There was a chain reaction of bank failures, the New York Stock Exchange closed and voters repudiated the Republican Party.
What with the Brooklyn Bridge still under construction, poor Ming had to find a less munificent edifice to live under.
It could happen again. This is why Ming is loath to chase sharp rallies in a secular bear market. There is yet worse to come.
Dendreon will, of course, be pushed around by the fate of the general market, but it's own fate will be ultimately decided by an event or events exogenous to the market's machinations. Thus Ming will not operate heavy machinery while owning Dendreon, nor will he give any keynote addresses. Should there be any surprise announcements he would in the former instance, hate to be pumping his fist in victory only to have it ensconced in the wood chipper he was operating, while in the latter case, it would be ever so embarrassing for him to lose control of all bodily functions while on the speakers' dais.