NOVEL WEB Chapter 104
Chapter 104: Dragon King, hold on!
In addition to dealing with the black-clothed person on the phone, Wu Ge had to handle offensive text messages from unknown numbers, filled with all sorts of unpleasant and disgusting words. But Wu Ge was tough, being used to gravedigging.
Even facing dozens of black-clothed individuals, he remained unfazed. They even sent nauseating pictures of rice dumplings, thoroughly disgusting everyone.
Finally, the phone ran out of battery, putting an end to the war of insults. Through this battle, the Dragon King Zhaotian learned the reason behind the other party’s anger.
As it turns out, the archenemy Lin Beifan didn’t lose money, but instead earned over a billion through this maneuver.
The main reason was that the other party pressed the wrong button. It was supposed to be a long position, but it turned into a short position.
Then he made money, yet he still played it off as him doing a good deed.
Knowing this outcome, Dragon King was so furious that tears fell.
“I f*ing… gave him over a billion again!”
“I’ve lost nearly 3 billion, gained nothing, and yet Lin Beifan has made over a billion!”
“Yesterday, he made over a billion!” “He earned over 2 billion from start to finish, while I lost nearly 5 billion!”
“All of it to help him!”
“Lin Beifan, are you really my jinx? Cough coug….” He felt utterly defeated, without hope.
The black-clothed men were deeply concerned and chorused, “Dragon King, hold on!”
Dragon King Zhaotian: “Don’t worry, I’m not that fragile!” Dragon King Zhaotian weakly waved his hand. “I am, after all, the mighty Dragon King. I’ve seen all kinds of storms. Losing a few billion is nothing. I can handle it!”
“Dragon King, you’re awesome!” The black-clothed men admired him greatly.
“Get me a heating pad. I want to warm my chest!”
Black-clothed men: “…”
When the heating pad was placed on his chest, Dragon King Zhaotian finally felt his heart warming up. Then, with a heating pad in one hand and his phone in the other, he contacted Wu Ge.
Black-clothed person: Next time, confirm first before sending!
Wu Ge: Who asked you to be so hasty? You didn’t even give me a chance to respond!
Black-clothed person: “…”
Wu Ge: I was about to tell you that I was going to negotiate, and you dropped the price so quickly that I didn’t even have a chance to react!
Black-clothed person: You’re blaming me now?
Wu Ge: If not you, then who? Have you ever seen such a fool?
Black-clothed person: Bastard! How dare you insult me?
Wu Ge: I’m insulting you. So what?
Wu Ge: Idiot! Idiot! Idiot…
Black-clothed person: Hey! I have a short temper!
And so, the war of insults resumed.
Both sides insulted each other throughout the night until the phone ran out of battery, ending their heated exchange. On the third day, Lin Beifan once again led Wu Ge into the trading room.
“Today, we’re still trading soybean futures!” “Brother, let me ask you a question: Do you think we should go long or short today?”
“Well… we should probably go long!” Wu Ge hesitated.
“Why?” Lin Beifan asked with a smile.
“Over the past few days, soybean prices have already dropped by 20%! But there hasn’t been any major negative news in the market, so soybean prices should adjust and return to their normal levels!”
“You’re right. That’s how normal people think. But today, we’re going short!” Wu Ge was dumbfounded. “Huh? Why? Soybean prices have already dropped by 20%. Why continue to go short?”
“But the market is always irrational. It’s always crazy! Everyone follows the crowd, and chasing gains and cutting losses happen frequently! You might think it’s hit bottom, but it can actually go lower! You might think it can’t possibly rise again, but it can rise once more! There’s never a lowest price, and there’s never a highest price!”
“In the past two days, two consecutive limit-downs have already shattered the psychological bottom line of many people. The market has become delicate!”
“If we strike while the iron is hot, we might be able to harvest another wave of leeks!”
“We have the capital to manipulate the market!” “So… Lin Beifan declared loudly, “Short soybeans for me, 1 million contracts!”
“Yes, President Lin!” The traders got busy, putting up one short position after another.
Under Lin Beifan’s heavy selling pressure, soybean prices rapidly plummeted by 2%.
At this moment, Wu Ge secretly slipped into the restroom and sent a message to the black-clothed individuals.
“Lin Beifan has shorted 1 million contracts of soybean futures!”
On the Dragon King’s side, they quickly received the message. “Lin Beifan is actually shorting soybeans? How can he do this now? It’s clearly a suicidal move. This shouldn’t be happening!” Dragon King Zhaotian fell into contemplation.
After two days of steep decline, soybean prices were bound to rebound and return to normal levels.
Even if not a 20% increase, at least a 10% rise was expected.
Normal people would choose to go long on soybeans. However, at this time, Lin Beifan chose to short soybean futures, which was intriguing!
“This news seems too unbelievable. Confirm it again!”
Black-clothed person: “Returning to the Dragon King, the other side explicitly stated that Lin Beifan has indeed shorted 1 million contracts of soybeans!”
At that moment, another person reported: “Returning to the Dragon King, a large number of short positions have appeared in the soybean market, depressing soybean prices. It should be Lin Beifan and his group selling off!”
Dragon King still hesitated to act: “Is there any negative news affecting the market?”
“Returning to the Dragon King, there isn’t any news at the moment!”
Zhaotian breathed a sigh of relief.
If his family’s abilities were still unable to gather information, it meant the market was normal.
“Since there’s none, then…”
Dragon King Zhaotian said fiercely: “Go long on soybeans! We’ll take all the positions he’s selling! Not only do we want to bankrupt him, but we also want to take advantage of the opportunity to make a profit!”
“Yes, Dragon King!”
So, Dragon King Zhaotian poured a massive amount of capital into the soybean futures market. They not only took on Lin Beifan’s short positions but also pushed the price up, quickly bringing it back to the opening price.
By this time, Wu Ge had returned to the trading room. Seeing that there were no major changes in the trading, he let out a sigh of relief.
“Wu Ge, where did you just go?” Lin Beifan asked.
“Oh, I just saw Sister Liu, so I went over to talk to her for a bit!” Wu Ge made up an excuse.
Lin Beifan shook his head with a smile. “You, this guy, you slipped out at such a crucial time. You really value your relationships over your responsibilities!”
Wu Ge: “…”
“But I understand you!” Lin Beifan beckoned. “Brother, you’ve been observing for two days. It’s time for you to take the reins! You’ll be in charge of the next trades!”
Wu Ge was surprised. “Can I…?”
“Of course!” Lin Beifan smiled and made room. “I’ll teach you!”
“Great!” Wu Ge was excited.
I’m going to personally ruin you and make you suffer heavy losses!