NOVEL WEB Chapter 108
Chapter 108: Brother, Please Begin Your Performance!
But when he thought about the money he had lost, his heart ached. Over 8 billion, that’s a significant amount!
This amount of capital could buy land and construct several buildings in any city!
Even though the Zhao family was wealthy and influential, over 8 billion was not a small sum! Yet, he had lost it all!
Then, he thought about how, in the midst of this crisis, Lin Beifan not only didn’t lose money but also made a substantial profit. This made his heart ache even more.
With 1.2 million contracts and nearly 7 billion in funds, he had almost doubled his investment! One person lost over 8 billion, and the other made over 7 billion. It was as if he had used his own money to make up for the losses of the other party! Moreover, in the coming days, the other party might make tens of billions more!
The more Dragon King Zhaotian thought about it, the more irritated he became!
He could only console himself by saying, “Lin Beifan, it’s not that I can’t do it; it’s that the heavens weren’t on my side, allowing you to escape this disaster! But next time, I won’t give you this opportunity!”
After thinking for a moment, he shouted, “Come here!”
“Dragon King, what are your orders?” The man in black asked respectfully.
“Find out from Wu Ge how much Lin Beifan made.”
Although he didn’t want to hear news about Lin Beifan making money, Lin Beifan was still his enemy, and he needed to stay informed about his actions.
“Yes, Dragon King,” the man in black replied.
Shortly after, he received a message from Wu Ge.
“Lin Beifan has been persuaded by me to close all of his short positions and initiate a long position, buying soybean futures!”
“Lin Beifan actually closed all of his short positions and went long? Haha! Is this guy getting arrogant just because he made some money? Does he think he can do whatever he wants?” Dragon King Zhaotian became excited. In his mind, Lin Beifan had made a wrong move.
In a market that was generally bearish, one should have seized the opportunity to continue shorting soybeans, riding the downturn, and expanding profits. But Lin Beifan had unexpectedly closed his short positions and gone long, which was like not knowing how to spell “death.”
He also thought that his orders had been taken just moments ago. Perhaps only Lin Beifan had the ability to do this.
“He’s going long at a time like this? Hmph.” Dragon King Zhaotian’s mind was once again active. With the recent revelation of the soybean contract between the two countries, soybean prices were bound to continue to decline. Even if they dropped for a few more days and then stabilized, there was still a significant profit potential.
He could use this opportunity to make a killing and simultaneously strike at Lin Beifan.
“Someone, come here!”
“Dragon King, what are your orders?”
“Short soybean futures for me!” Dragon King Zhaotian shouted loudly.
“Yes, Dragon King!”
So, Dragon King’s funds entered the market once again. In one go, he traded 400,000 contracts, causing soybean prices to plummet.
At Linshi Investment Company’s trading room, Lin Beifan looked at Wu Ge, who had just returned, and smiled. “Wu, my friend, where did you disappear to?”
Wu Ge maintained a composed expression. “Well, I was a bit nervous earlier and couldn’t resist going to the restroom.”
Approaching the computer, he looked at Lin Beifan and asked, “Lin, should we continue to go long on soybeans?”
Lin Beifan grinned. “Of course! After hearing your analysis earlier, I found it very reasonable! Now is the perfect time to buy at a low price, so buy as much as you can for me!”
Wu Ge’s eyes sparkled. “Lin, I’ll help you!”
“Wu, my friend, you’re truly proactive. You’re the one I’ve chosen!” Lin Beifan patted Wu Ge’s shoulder and had him sit in front of the computer. “Come on, begin your performance!”
“Lin, just watch; I won’t disappoint you!” Wu Ge said excitedly, rubbing his hands together with ambition.
Next, it was indeed Wu Ge’s performance time. He transformed into a trading maestro, rapidly and skillfully operating the keyboard and mouse.
No matter how many short positions the market threw at him, he caught them all steadily, never allowing them to breach the limit down!
One man held the line against a multitude!
He showcased extraordinary trading skills!
Lin Beifan couldn’t help but admire. “Lin, my friend, you truly have a talent in this area! You’ve learned it in less than three days and are already operating so smoothly and skillfully that many veteran traders can’t compare to you! One word: outstanding!”
“It’s all thanks to your excellent guidance!”
Wu Ge was extremely excited, continuously operating with his hands, afraid of missing a single order.
Meanwhile, he thought wickedly, “Come on, throw them all at me! No matter how many come, I’ll take them all! The more orders I take now, the more Lin Beifan will lose!”
“Hahaha!”
As a result, in less than a moment, Lin Beifan’s short positions had reached 800,000 contracts.
“Lin, it’s already 800,000 contracts. Should we continue?”
“Of course, continue!”
After a while.
“Lin Beifan, it’s now 1 million contracts. Should we continue?”
“Continue, don’t stop!”
And so it continued.
“Lin Beifan, it’s now 1.2 million contracts!”
“Keep it going!”
Lin Beifan was almost single-handedly challenging the entire market. In the end, he spent nearly 10 billion and withstood the attacks of all the short positions, absorbing all the orders.
Wu Ge was extremely delighted. “10 billion! Let’s see if I can bankrupt you!”
Lin Beifan was also very happy. “10 billion! I’m going to make a killing!”
The two of them exchanged knowing glances and couldn’t help but burst into laughter. “Brother, you worked hard just now!”
“Lin, it’s what I should do!”
Both of them were laughing joyfully, innocent and carefree.
On the other side, Dragon King Zhaotian was also laughing heartily.
Just a moment ago, he had deployed over 3 billion in funds to short 600,000 contracts of soybeans. He didn’t aim to make a lot of profit; he just wanted to add some pressure to Lin Beifan. Holding a glass of champagne, he savored it slowly. “Now that the policies are out, soybean prices are bound to drop. You dare to go long against the trend? This time, I’m sure to win. Haha!”
In finance, you have to follow the policies. There’s never been anyone who could make money by going against the policies!
So, he believed that this time, he had won for sure.
“Congratulations, Dragon King! Celebrations for Dragon King!” The men in black congratulated him in unison.
Dragon King Zhaotian was very pleased, with a 45-degree smile on his lips. “Bring out the 1982 vintage champagne that I’ve been keeping. I want to celebrate this rare moment of victory with everyone!”
“Thank you, Dragon King!” The men in black chorused.
However, at that moment, a pop-up window appeared on the big screen, displaying a news report from the Ministry of Agriculture.