
The next day, Rex couldn’t wait to meet up with Frank to discuss the ramifications. He knew Frank would be at the Splicer offices signing contract amendments bright and early, which meant Rex woke up early to sketch out some plans to test the system. The best test Rex could come up with was some volatile stock trading in the penny markets. Or, even more fickle and short term, crypto markets. He thought all it would take was a few big bull moves on a very short time frame to complete the test, but they had to be sure it was functioning before they placed any bets. Rex, of course, would match Frank’s bets with his own money, but Frank would be the one doing the betting.
10am rolled around, and Frank reached out to Rex, confirming the paperwork is done. “This, of course, is a gentlemen’s agreement between you and I,” Frank said, “so long as it goes no further, I don’t see the harm in the testing.” Rex agreed and arranged transportation to Frank’s home.
When Rex arrived, he tipped the driver handsomely and advised him to forget his last customer and route. The driver marked the ride as a failure and the details were erased. Rex strolled up to Frank’s idea of an ancient Germanic castle, pea gravel crunching underfoot as he approached the massive door. Naturally, Frank was expecting his arrival and one of the house staff opened the door in such a manner that Rex didn’t have to break stride to enter the home. He was greeted with a bow and kept walking towards Frank’s office. Pulling up a brass-tacked emerald green leather chair, he found Frank already at his terminal ready to get to work. “So,” Frank began, “what mischief did you have in mind for testing? Or would you prefer discussing the details of my revised contract first?” Rex replied, “I’m sure the contract language is very interesting, but lacking the legal chops to properly dissect it, I’d rather get to the testing.” Rex paused for a moment as Frank grinned. “I propose we test either crypto markets or penny stock trading off the sheets. We don’t want to show up as a big hammer, but we want to push the Ouija puck and see what happens. How is it supposed to work, warning you for your own protection?”
Frank took a deep breath before replying. “They said it was going to be simple. An extension of existing protocols. You see, my secure comms device for them, it has two lights. One amber, one green. Green means everything is secure and safe. Amber means danger. A simple binary. My AI controls it somewhat independently. So the trick must be to stay in the green, whatever that takes.” Rex nodded as he understood the limitations of the system, but he would figure out what the timing and threshold looked like. “Alright Frank, ready to do this thing?”, Rex asked. Frank gave him a thumbs up. “Let’s start somewhat small. How much holding do you have in crypto?” Frank quickly replied, “my financial advisor told me it should be zero, but it’s actually 100 million, spread across a few popular coins that track closely with other market indexes.” Rex thought for a moment and said, “ok, our first move will be… only one million. Let’s find a volatile coin that has a lot of attention focused on it.” The secure comms device remained green. Frank searched the coin base, and purchased Lucky Coin, something apparently new which had seen a 1500% rise since the debut 48 hours ago. It was starting to fall in value, according to the real-time charts, but it wasn’t anywhere near the bottom. “Tell me when you’re ready,” Frank said. Rex had his eyes fixated on the comms device. Seconds passed, and it suddenly turned amber, and it stayed amber. Rex and Frank watched the second-by-second charting live, and the coin was in freefall. In less than 15 seconds it lost 200% of the pumped value, and was still bleeding in the charts. The Ouija puck had indeed moved. “Best 2 out of 3?”, Frank asked, already knowing that Rex would need more proof than this. “Of course. Let’s flip over to the penny stocks. Again, look for anything unusually hot or busy. Cash out and record your loss, I owe you a few bucks.”
Frank found a stock that had been essentially dead on the ground for the past month, but it was starting to break out. From one cent to 2 cents in the past hour. It was some rinky dink startup company that had plummeted after a major CEO failure sent it into a tailspin and it got delisted from the NASDAQ. However, a brief glance at today’s financial news promised a turnaround as the new CEO took the reins and landed a military contract with huge initial funding. Someone saw promise in it. “Bet another million, it’ll hide in the volume that is already happening,” Rex said. Frank queued up an order for a million credits’ worth. He glanced at the comms device, which just changed from green to amber. Puzzled, Rex lifted it off the table and shook it, in case anything was loose. It felt like a monobloc design with no moving connectors or parts. “This has to be a winner, how can it chart lower?”, Rex asked, before Frank changed his order, and split the order in half, two orders of 500,000 each. It didn’t make a whole lot of sense that it would impact the transaction in any way, but suddenly the amber light changed back to green. Frank executed the trade. They watched the charting pump the stock. 2 cents. 5 cents. 10 cents. Comms still green. 15 cents. Every few seconds it nearly doubled in value as they glanced from the chart to the comms. Somewhere around a dollar per share, the comms went amber again. Frank immediately sold both orders back to the exchange. Comms stayed amber. What was it trying to say? He had already made a ton of easy money in a few minutes.
to be continued