Chapter 206: Plummeting
Zhang Guodong, the manager of the purchasing department of Qicai jade, still couldn't hold back, and when the market price soared to 70 percent, he ended up again, in addition to smashing all the funds in his hands back again, and taking out his private savings.
"Buy, buy me!" Zhang Guodong pulled his tie, and there was a kind of madness in his eyes.
Yesterday half a day, the price of the material in the Taoyuan jade trading market has increased more than ten times, and the wave of people who have swept the market with hundreds of millions of dollars are back, this morning, the price has fallen to seventy percent of yesterday's price, and many people are saying that the price of Taoyuan jade material today will rise at least five times.
Five times as much!
A million can become five million in a few hours, can it not make people crazy?
Many people are crazy!
Many people in the market couldn't help but start to play.
No one has noticed that although the price is still rising, it has slowed down a lot, and the people who bought the material yesterday are actually shipping slowly today, but the quantity is relatively small.
"Sister Xu, half of the materials we received today have already been released, should we wait and talk about the rest?" Chen Xiaoming ran back, looked at Xu Shiyun and asked. It's crazy, many people are already red-eyed, and now the price of the material has risen about twice as much as when they collected the material an hour ago, an hour.
Xu Shiyun received more than 300 million yuan of material, and sold it at the current price to earn at least 300 million!
People in the market have gone crazy, some people do not care about the price, regardless of the cost of the purchase of materials, because everyone thinks that the price of Taoyuan jade materials will rise several times today, or even dozens of times, buy now, sell in the evening, that is, there are several times the profit difference.
"Sell them all and clear the warehouse!" Xu Shiyun said expressionlessly.
"Sister......" Chen Xiaoming stared at Xu Shiyun, he didn't understand, everyone was 'buying', why Xu Shiyun had to sell.
Xu Shiyun rolled her eyes, interrupted him, and said angrily: "It's useless to call Mom, if you want to sell it, you will sell it, don't give me so much nonsense." Sell them all!"
Chen Xiaoming stared at him for a while, then turned his head and ran, sell, sell, sell, but he felt that Xu Shiyun must have made a mistake this time, and the Taoyuan jade material will definitely rise wildly today.
Xu Shiyun looked at Chen Xiaoming's back, muttering to herself: "People are not the God of Wealth, how can they come to give you money every day?"
When everyone thinks it's going to go up, it's when it falls sharply!
Xu Shiyun closed her eyes, she was thinking, if she stood in the other party's position, how would she operate, what would happen after the explosion?
It is impossible to 'explode' for two days in a row, the price is too high, and there are only those who watch the show, ups and downs, true and false, in order to wash out a lot of profits and harvest the funds that fall into the hands of crazy people, commonly known as 'cutting leeks'.
"Yesterday skyrocketed, today there will be another plunge, tomorrow will be pressed for a day...... Will you continue to explode the day after tomorrow?" Xu Shiyun whispered in a voice that only she could hear.
Chen Xiaoming led people, and with red eyes, he sold all the Taoyuan jade materials in his hand, and his heart seemed to be blocked with a big stone, and it was not pleasing to anyone.
"Xiao Chen, do you say there is a pit in your head? Everyone is buying wildly, you stupid are selling, how much has it risen now, why are you so angry. Zhang Guodong grinned, ridiculing Chen Xiaoming as a person who came over.
The price of Taoyuan jade material has risen again, a full 20% increase compared to what he bought just now, which makes him even more convinced that the price can increase several times in two hours at most.
"Humph!" Chen Xiaoming snorted coldly and ignored him, and led people to walk back.
"Don't you buy materials, the price will be reduced by 10%!"
Someone grabbed Chen Xiaoming and asked in a low voice.
Chen Xiaoming was stunned, there is a very simple reason, for example, a piece of material just twenty yuan, up ten percent, then the price of this piece of Taoyuan jade material is twenty-two yuan, but if it falls by ten percent, then the price of this piece of material will become nineteen yuan eight.
"Sell at a reduced price?"
"Shhhhh
Nest grass!
Chen Xiaoming has been following Xu Shiyun for the past few days, messing around in the Taoyuan Jade Trading Market, and the other party's words are obviously a liar!
"I believe you are a ghost!"
Chen Xiaoming's eyes rolled, and then he shouted: "What? The price has been reduced, 30 percent?
When this voice went down, it was obvious that the market that was noisy just now seemed to be so still for three seconds, and then it became lively again.
"Thirty percent price reduction?
Many times, when the price rises, there are countless people who follow up, but when it falls, many people begin to hesitate, people who want to follow up and buy are not following up, and people who want to sell feel that the fall is just an illusion and will rise wildly, which creates a situation where no one buys, and people who are panicked when they make money, want to cash out and hold on to profits, but at this time there is no one to take over.
The price is straight down!
For example, when the price of Taoyuan jade rose to 40 yuan, the price doubled and increased by 100 percent, but when it was 40 yuan, it fell by 50 percent, and the price reached 20 yuan.
If it drops by another 50 percent, the price will be ten dollars!
If it goes up fast, it goes down even faster!
"Fifty percent price reduction, have you received it?"
There was no one to buy in a tray, and the price was suddenly reduced to the price at noon, which made many people feel deserted, such as Zhang Guodong of Qicai Jade. At noon, he sold the Taoyuan jade material in his hand at this price, and after the price rose to 75 percent, he bought it back, and the Taoyuan jade material in his hand was less than half.
It's all money!
Some people feel that the price has reached the price of today's almost open, and it should bottom out and start buying.
The price of 'Taoyuan Jade' has fluctuated strongly recently, coupled with the opening of 'Royal Dragon Taoyuan Jade', which has taken out a lot of eye-catching things, so it has attracted a lot of merchants and players in the jade circle.
These merchants in the jade circle are all rich!
"Mr. Yao, the price has dropped again, and it is near the opening price this morning, should we eat some?"
Yao Jingtian listened to the female assistant's words, frowned, hesitated, shook his head and said, "Wait!"
Many people are waiting, and there are many people who roll up their arms and sleeves and are impatient. In the trading market, the price of Taoyuan jade material at the opening of today's market was sideways for about half an hour, and in this half an hour, the trading volume was enlarged and soared, and many people were buying, and many people were selling.
But the person who sells is designated as the person who has the material in his hand, and the person who has the material must be the old dealer who has been in the market for a long time.
"Sister Xu, don't we lose a lot when we sell at this price?" Chen Xiaoming stared, he couldn't figure it out, the price had fallen by half, and the price at the opening of the market today, and today he had already earned more than 300 million, shouldn't he buy back all the materials he sold at this time? Why continue to sell out!
Xu Shiyun was not angry, but said with a smile: "The current price is much higher than the price we bought a week ago?"
Chen Xiaoming was stunned, scratched his head and said, "It's probably ten times smaller!"
"Ten times the profit a week, silly boy, you don't sell it now, when will you sell it?" Xu Shiyun scolded with a smile: "Go quickly, as long as someone eats it, we will sell it, remember not to be too Meng Lang, scare people!"
"Whew!" Chen Xiaoming turned his head and ran.
Chen Ergou, Lian Sheng, Gao Peng, Brother Fund Manager, Feihe Miko of Taoyuan Jade Investment Company, and even Shanxiu are all in the market.
They are all slowly shipping, yesterday they were selling, today since the price began to rise, they are selling, and they are still selling.
For them, the Taoyuan jade material that was purchased for one dollar in the past can now be sold for three hundred yuan, so why not sell it?
However, this price did not last long, there were buying and selling, and the opening price was sideways for half an hour, and suddenly someone lowered the price!
"The price is reduced by 20%, and the material is 300,000 yuan, has anyone packed it?"
"Reduce the price by 25 percent, sell 4 million materials, and ask for package purchase!"
Chen Xiaoming ran back, stared at the big eyes, and said excitedly: "Sister Xu, the price has been dropped again, it has been reduced by 30%!"
"Smash 100 million materials!"
Xu Shiyun said calmly: "Directly smash the price to yesterday's opening price!"
"So many?" Chen Xiaoming almost didn't fall off work.
Xu Shiyun rolled her eyes: "Don't talk nonsense, hurry up!"
"Okay!"
Not only Xu Shiyun is smashing the market, but also those Taoyuan jade merchants who felt that the market is not good in the past are also smashing the market.
In just ten minutes, the price turned out to be back to yesterday's opening price!
Zhang Guodong, the manager of Qicai Jade, was slumped in the chair, panting and drenched with sweat.
Based on the current price of Taoyuan jade materials, whether it is the assets of Qicai jade or his own money, they have shrunk tenfold.
Tens of millions become millions, in just one hour!
"Mr. Zhang, do you want to sell it?" Manager Li at the stall next door also loosened his suit and tie and asked with red eyes.
The price in the market yesterday was 50 percent higher than the price the day before yesterday, so even if it is sold at this price, many people who enter the market early will still be profitable.
So no one can guarantee that this price is not the bottom, will not fall again, at this time everyone has no confidence in the material in the hand, and they all want to exchange the stone for money, as long as there are funds, there is still a chance to turn over.
"Sell!"
Zhang Guodong got up from the chair with red eyes and gritted his teeth. He couldn't stand it anymore, and wanted to cut the meat, although this knife was more painful, but as long as he sold all the Taoyuan jade materials in his hand at the current price, and when the price doubled, he bought all the Taoyuan jade materials back, and the chips in his hand were unchanged.
With the money in your hands, there is still a chance!
"Sell, sell!"
"Clearance!"
Xu Shiyun called Chen Xiaoming directly: "Stop, receive, at the current price, start eating slowly!"
After calling Chen Xiaoming, the price in the Taoyuan jade market was still declining, but the speed slowed down a lot, and the trading volume began to soar, with a large number of buying orders and more selling orders.
"Someone has started to receive the goods, should we smash them again?"
Zheng Feng, general manager of Sihai Financial Investment Company, looked at the curve chart on Apple's laptop and frowned, he was a genius trader hired back from Wall Street by Thursday Hai with a high salary.
"Do you know how much money the other party has in their hands?" Zheng Feng frowned and asked.
The assistant shook his head: "It's not clear for the time being, but the other party has about a billion profits from the market today!"
Zheng Feng looked at the laptop, which was still the arrow of killing, and hesitated and said: "The other party has too many chips in his hand, if we want to have more chips in a short period of time, we need to wash the handicap regardless of the cost, wash out those floating chips, and at the same time attract more people to participate!"
After a pause, his eyes lifted from the laptop screen, he took off his glasses and wiped them: "While collecting, smashing at the same time, the current price is still too high." ”
"Yes!"
In the evening, when the Taoyuan jade trading market was closed, many people were listless and wailing. Yesterday the price rose more than tenfold, and today the price fell more than tenfold.