Chapter 1396 Battle for the throne (8)
Picard said coldly: "Do you think I will still believe your lies?"
Chen Mo smiled jokingly: "It's not a question of whether it can be done, but you have to believe it!"
"I can tell you what we are going to do next. First of all, after the business representatives from all the countries present go back, they will release their own edible oil stocks. In the next few days, there will be a massive amount of edible oil spot flooding into the market. .”
"Second, all business groups will announce in a high-profile manner that there is no longer a shortage of edible oil and all business groups will no longer purchase cooking oil."
"Third, the futures we are still holding will be sold in large quantities at one point in time, causing the international futures market's balloon to explode in an instant, putting all speculators in a state of panic!"
“All the bad news was wiped out in an instant, and coupled with our short-selling funds, the price of edible oil futures can only fall again and again!!”
After listening to Chen Mo's words, Picard and others' hearts beat wildly and cold sweat broke out on their foreheads.
Picard said with a smile: "I... we are still the monopoly on edible oil, and we have the final say on the price of edible oil!"
Chen Mo nodded: "Yes, I admit this. If you can hold this batch of goods for more than half a year, you may be able to get your money back. You may even make money effectively."
"But can you? The election is over in seven days!"
"In the most critical seven days, it was revealed that your team used the Camel National Treasury to purchase cooking oil at a premium that was nearly double the price! What do you think will happen?"
"What's more, you have no campaign funds in your hand. If you throw it away within these seven days, you will only lose money and still have money to do other things to save it. If you don't throw it away, you will only die!"
"This is my, Chen Mo's, conspiracy!"
Piccard no longer has the ability to hold goods for more than half a year.
Within seven days, once the price of edible oil drops significantly, or even falls below the original price, then he has to sell it if he doesn't want to, otherwise he will be a national sinner!
Chen Mo laid out everything and all the operations and said that Picard still had to follow the script written by Chen Mo. This was the top conspiracy!
"You're fucking dreaming!!!"
“I have a monopoly on cooking oil and I have the final say on the price, let’s go!!!”
Picard led the group of members angrily and turned towards the door of the restaurant.
"Hahaha……"
Behind Picard, there was a burst of hearty laughter, and everyone drank and mingled lively.
The entire restaurant was filled with a cheerful atmosphere.
…
…
In the presidential suite.
A group of members of Picard's team gathered in the living room, all with sad faces and solemn expressions.
Picard was furious, pacing back and forth, smashing things and cursing angrily from time to time.
"The damn Daxia people actually set up a trap to frame me!!! Damn it!!!"
Angke reminded: "Now is not the time for Your Highness to lose your temper. We have to find a way to deal with the next situation."
"What are you thinking about? They asked me to throw it away, but I didn't throw it away!"
Piccard said angrily: "They obviously want to buy my goods at a low price. Do you really think I will be fooled? Now we are the only ones with the goods, and the price of cooking oil will definitely rise!"
Oak shook his head and said bitterly: "In the long run, it will rise. But as Chen Mo said, we cannot hold the stock for a long time. In less than seven days, our life and death line will be reached!"
Angke suggested: "How about... let's sell part of it at a fair price first and do risk hedging?"
Picard said angrily: "What are you selling? Once we ship at a fair price, the market will have a huge reaction, and the price will definitely plummet!"
Angke said with a depressed look: "But...if we can't withdraw part of the funds within seven days, and we can't let the people know in the short term that the price of edible oil will rise, we will really be doomed!"
Picard said in a deep voice: "Calm down, how do you know this is not a game within a game? Chen Mo said that he was acting before, maybe, now they are acting together?"
"The Daxia people, the Sunset people, the Lanxi Empire people, the Wooly Bear people, they will come to us to buy cooking oil in a few days!"
"Or, we can defeat them one by one, secretly sell them to them at a price slightly higher than the auction price, and give the person in charge some benefits. I believe their fragile actor alliance will be defeated by us!"
Picard still arrogantly believed that this was Chen Mo's game. As long as he remained calm and did not talk about a comeback, at least he would not lose money.
However, the ideal is very full and the reality is very skinny!
In the next few days, Piccard's people wanted to defeat them one by one and hold separate discussions with representatives of business groups from various countries.
However……
Not a single business group from all countries was left, and they retreated collectively without leaving a single hair behind!
Immediately afterwards.
The script Chen Mo said was actually performed!
Representatives of business groups from all countries issued statements after returning to China: my country's edible oil production is expected to be surplus, and there is no need to import edible oil from other countries!
Immediately afterwards, all countries released their existing storage capacity.
Even if I was really short of oil later on, I would grit my teeth and release it!
For a time, the price of edible oil plummeted and a big dive began!
8321 yuan!
7893 yuan!
7541 yuan!
6900 yuan...
The members of Picard's team were jumping up and down anxiously as they looked at the falling edible oil futures prices, almost vomiting blood!
In just 2 days, the price of cooking oil dropped to 6,100 yuan, which is infinitely close to the original price!
The purchase price of Piccard is 9,100 yuan! ! !
The price difference is close to one-third!
Panic!
The members of Picard's team were completely panicked!
"The loss is nearly 3,000 yuan per ton, and the value of all our goods has shrunk by nearly 1 trillion yuan!"
"Prince Picard, let's ship the goods. There is still time to do other things to stop the loss!"
"Yes, Abdul's team in China has started to release rumors, saying that we used the money from the Camel Country's treasury to make blind purchases, resulting in a serious loss for the treasury! Now the Camel people have a lot of dissatisfaction with us!"
"The team's wages are almost gone. If this continues, people's hearts will be broken!"
"..."
Faced with the suggestions from members of the business group, Piccard gritted his teeth and insisted: "No! If you buy it now, you will lose too much! Many of the countries that issued the statement are obviously extremely short of oil. There is no way they will not buy it!"
"And putting the goods up for sale now will only cause the price of edible oil to fall even further!"
"Calm down, whoever can calm down now will win! Let's not lose control..."
"In this way, you guys will go to various countries immediately to discuss.
As long as they are willing to ask for the goods, we can sell them off the shelf and at a slightly cheaper price.
Remember, we are spot, not futures! "
Picard's attitude was very firm.
And this approach is indeed correct.
It's a pity that he missed one point - he doesn't have time!
If you really have enough time, if you hold the goods for three months, let alone half a year, some countries will be unable to bear it, and they will have to buy goods at high prices.
But he only has seven days!
It’s only seven days. No matter how poor the country tightens its belt, it can get through it with gritted teeth. How could it not be able to bear it?
Another day passed.
Chen Mo summoned all international members of Hongmeng Club to start short selling!
"All members, all futures stocks in hand are concentrated on selling!"
"Everyone, each spend 200 billion to short edible oil futures!!!"
