Old Shen found out with a headache that although he moved fast enough, he was a big deal and had a lot of goods. Although he moved fast this time, he only went out less than 20%, and most of them were still in his hands, and the price hit the limit down.
After that, at this time, no one came to pick up the goods, at least I would definitely not be able to go out today.
The rush of selling orders could not be stopped no matter how hard it was, but in the end it was firmly blocked and the stop was stopped.
At this time, the exchanges and people were cursing each other. From ordinary small retail investors to those big guys, most of them kept scolding them. It seemed that if it weren't for Xie Fei, a bad guy, who was talking nonsense, everything would have been done.
Not so?
The limit down is all the limit down, and it doesn't matter if you look at it anymore. Retail investors go home and scold their mothers, beating their wives and children. Anyway, they are idle, but the big guys still have to hold a meeting.
At this meeting, the atmosphere was very serious. Mu Zhao even gave up the greetings and said directly: "Everyone, the situation is very serious. This time Xie Fei is obviously here to be prepared."
"That's right, this old man said so many nonsense all of a sudden, and the poor guys threw them out all the time, and they couldn't stop them at all. Now, they were buried themselves, and we couldn't escape.
Lose"
"Someone wants to come."
"Who?"
"What do you think?"
Mr. Shen slapped the table at this time and said, "It's me, what's wrong?"
"Who are you calling me?!"
"With you, I am you, what's wrong?"
When we were making money, even if we couldn't cooperate sincerely, we were at least polite. But now, when the price has dropped and we are facing the danger of losing money, everyone's faces are revealed.
Chen Wanshui couldn't help but sigh as he looked at the quarrel.
After returning, Cai Hao said with annoyance: "Master, it's all my fault!"
"What's your fault?"
"Master, you are right. It is unreasonable for such things to rise so high. Sooner or later, something will happen. Is something going on? Alas, it's all my fault, we have made our money bank lose money."
"But we still make money"
"Master, if we return the money we earn, then even if we lose money, you don't need to comfort me, Master," said Cai Hao.
"Don't worry," Chen Wanshui patted Cai Hao's shoulder, "I've been prepared long ago. This time, we won't lose too much."
"Master..." Cai Hao looked at Chen Wanshui gratefully
"But... some people made too much before and jumped too high. Now it's time to make them pay the price," Chen Wanshui said coldly.
The market opened the next day, without any suspense, and it was still the limit down. The degree of this matter was just like the daily limit that must have been without any suspense before.
On the third day, of course, it was still the limit down, so there were **s on the exchange. Some people may be unlucky and bought the highest price, which is equivalent to taking the last stick. Of course, it would be very tragic.
But at this time, some people who looked very handsome began to wander around the venue. They asked everyone, "Is there a rice contract?"
If you answer, he will say he wants to talk to you
The content of the talk is actually very simple. If this thing has not been delivered, then whether it is making money or losing money, it is actually on the books, not the actual situation.
He advises you that you can't sell the limit down anyway. When the limit down is opened, you may lose a lot of money.
He suggested that you lend him these things first. Of course, it is not for free, it is for profit, and the interest rate is much higher than the profit of the bank.
When Cai Hao told Chen Wanshui about this, Chen Wanshui smiled and said, "It finally showed up."
"What?"
"Xiao Cai," Chen Wanshui touched his chin, "I remember, I said, the books written by the governor must be read carefully, especially the books related to the exchange. Every page and every word must be read carefully
Let's look at it, have you watched it?"
"Master, I've read it several times."
"Not enough," Chen Wanshui sighed, "Do you know? Master, I've read it ten times."
Cai Hao opened his mouth wide in shock and said, "Ten times!"
"This thing is profound and profound, with a subtle meaning. Sometimes one word or two words can determine life and death, and determine wealth and honor. If you don't look good, how can you do it? Lord Governor is really amazing!"
Seeing that Cai Hao was still a little dissatisfied, Chen Wanshui said: "Okay, I'll ask you, what are you doing when you say these people who want to borrow a contract?"
"I have no idea"
"Look, you don't know, but I know!" Chen Wanshui patted the "Exchange Trading System" at hand, "It's all here."
"oh?"
"Do you remember there is a word called shorting?" Chen Wanshui said slowly.
Cai Hao's eyes lit up and he said, "Master, are you talking?"
"That's right!" Chen Wanshui said, "That's the reason. People who are borrowing goods around the world now want to short! For example, you said that this barley variety is not active, but the price has also increased a lot.
The reasonable price is about 370 yuan per stone, but now the price is 480 yuan, which has also increased a lot. If someone is willing to pay you a month and a half interest, would you borrow it?"
"Of course, it will be compensated if you put it there, and it's useless. It's better to lend it out. Maybe it will increase again by then?" Cai Hao said naturally.
"Yes, the problem is here," Chen Wanshui said confidently, "He borrowed goods, and many people had no goods in their hands, so they were not in a hurry to sell them. The price will not keep falling sharply. There are times when the limit down will be opened, right?
Think about it, no matter how much it falls, it is impossible to fall down even lower than a reasonable price.”
"Yes," Cai Hao nodded and said yes
"I guess what he borrowed can be sold between 430 and 440 in the end, but you have to know that in the end, he only needs to buy it back when the price drops further and return the contract to you.
What about a transaction without capital? What does a little profit mean?"
Cai Hao was stunned by the saying, but he had to admit that this was completely correct. This is the book written by Duan Ye, and it does have relevant terms. It is completely legal to do so.
Cai Hao shook his head and murmured: "Mr. Duan is really amazing. I have never heard that the price increase of goods can make money. Today I know that it is possible to make a lot of money if the price decreases."
"So, we must do business honestly and never go against Lord Duan. This is the first priority for our survival in Liangzhou. You must remember it!" Chen Wanshui said earnestly and earnestly.
"Yes, Master!" Cai Hao patted his chest and promised