Chapter 203: Boiled Frog in Cold Water
Huang Hongliang and Zheng Guorui's reaction is exactly the same as Liu Zhongzhou's.
Prior to this, Liu Zhongzhou sold the 10,000-ton short position for the first time, and with the slow rise in futures prices, he lost 500,000 yuan today and 1 million tomorrow, and the loss gradually expanded to more than 30 million.
This number is not small, but because the time has been relatively long, I don't know how to describe it, is it because Liu Zhongzhou and the others have slowly exercised their ability to bear, or have they gradually become a little numb? Anyway, they didn't feel a sudden tingle in this.
It's like boiling a frog in cold water, and even though the fire under the pot is blazing, the water in the pot is cold at first, so the frogs in the pot don't feel the heat at all. Even though the water in the pot has become a little overheated over time, the frog continues to be insensitive and accustomed to it because the water temperature is gradual.
If the water temperature is thirty or forty degrees at the beginning, the frog will be stimulated as soon as it enters the pot and immediately jumps out of the pot.
The reaction of Liu Zhongzhou and the others this morning was like a frog that was suddenly drenched in hot water, and the temperature of this scoop of hot water was no higher than the temperature of the more than 30 million losses in the pot before today. It's just that this scoop of hot water was poured on their heads suddenly, and the time was relatively short, so it stimulated them, and they jumped up immediately, otherwise they would still be soaking in the warm water.
At this moment, Xue Chenzhi on the other end of the phone said: "It has risen so much?
From Xue Chenzhi's point of view, he was concerned about the profits of the smelter, and when he heard that the price of copper had skyrocketed, his first feeling was to increase the ex-factory price, and he couldn't sell the goods in his hands cheaply. As for how much the short position in futures will lose due to the sharp rise in copper prices, he has not had time to think about this question yet.
When Liu Zhongzhou turned on the speakerphone just now, he was worried that everyone would not be able to hear Xue Chenzhi's opinion, so he turned on the volume of the mobile phone very loudly, and Xue Chenzhi's words came out of the mobile phone at this time, and everyone sitting on the side could hear it clearly.
Xue Chenzhi's opinion is the first person to put forward his views on today's rise in copper prices after Liu Zhongzhou entered the theme of the meeting, and his view is actually very in line with the ideas of other people except Liu Zhongzhou, Huang Hongliang and Zheng Guorui, because they don't care much about and don't understand the risks brought by this move to futures positions, and their first thing is that the group's products can be sold at a good price.
Xue Chenzhi was not at the meeting, he couldn't see Liu Zhongzhou's anxious facial expression, and he lacked an intuitive feeling about the situation of the meeting, so his opinions were very straightforward.
But Liu Zhongzhou didn't think so, as soon as he heard Xue Chenzhi's words, he immediately sensed that the taste was wrong. He was worried that Xue Chenzhi's opinion would bring the topic of today's meeting to the ditch, so as soon as Xue Chenzhi's words fell, Liu Zhongzhou made a move before the others could speak.
Liu Zhongzhou said: "Vice President Xue, how to adjust the ex-factory price of the smelter and the external sales price of Huang Hongliang's side is actually a natural thing, this is easy to do, we will find another time to discuss." The question now is, the rise in futures prices has brought about a big floating loss, how much will the price rise in the future? How should we deal with it? This is the focus of today's discussion. ”
Xue Chenzhi listened to Liu Zhongzhou's words and said, "Oh, that's it!"
Only then did he realize that what he had just said was a little abrupt, because the meeting site was so far away from him that he could not grasp the atmosphere of the meeting venue and guessed the theme of the meeting wrong! So he no longer spoke lightly, but listened quietly on the other end of the phone to see what other people's opinions were.
Liu Zhongzhou's timely action not only brought the theme of the meeting back to his original scheduled track, but also blocked back the words that many other people had already come to their lips. Most of these people's opinions are similar to Xue Chenzhi's opinions, and in their opinion, the rise in copper prices is good news for the group, and they can take the opportunity to make a lot of money.
But after listening to what Liu Zhongzhou said to Xue Chenzhi, they reacted that Liu Zhongzhou's meeting was in response to the crisis, and today's rise in copper prices is good news for the group's product sales, but it also brought such a big hidden danger to the short positions that were originally sold, which they did not expect. Now in the face of such a situation, even Vice Chairman Xue Chenzhi's opinion was directly blocked by Liu Zhongzhou, isn't it boring to talk about the same topic by himself?
Therefore, Huang Hongliang and Zheng Guorui, who had figured out the situation at the beginning, were so frightened that they couldn't speak, and the others who had just figured out the situation didn't understand the futures rules and didn't know what to say, and the whole venue was silent.
Liu Zhongzhou, who was anxious to find a good way out of the predicament, was obviously very dissatisfied with the lifeless situation of the venue in front of him, and seeing that everyone did not speak, his eagle-like eyes looked at the side of the conference table in turn, and the people who met him lowered their heads one after another, avoiding his gaze.
As soon as Liu Zhongzhou saw their timid and fearful demeanor, he knew that he couldn't get any meaningful advice from them. When he saw Li Xin, who was staring intently at the computer screen, Liu Zhongzhou said, "Li Xin, tell me your opinion." There was a clear expectation in the words.
Hearing Liu Zhongzhou call Li Xin's name, the people who had just lowered their heads to avoid Liu Zhongzhou's gaze quietly looked left and right, and slowly raised their heads, they were secretly glad that they had escaped a catastrophe and were not named by Liu Zhongzhou, otherwise, they didn't know what to say.
But at the same time, they were also full of curiosity: Why was this Li Xin, who had already been abandoned by Liu Zhongzhou, the first to be asked by Liu Zhongzhou to speak today? What did Liu Zhongzhou think?
Also, this Li Xin spoke openly, he either didn't speak at the meeting, and as soon as he spoke, he was sure to speak amazingly, and it was for this reason that he offended Liu Zhongzhou. Today, when everyone has nothing to do, what will Li Xin say? They are all waiting to see what will happen next.
In fact, Liu Zhongzhou's idea is also very simple, everyone doesn't speak, he can't let the venue stay cold like this, he must let everyone speak, but he can't see hope in others, so he has to let Li Xin take the lead.
What is Li Xin's original opinion on this matter, Liu Zhongzhou knows very well in his heart, what will he say something unpleasant today, Liu Zhongzhou, who is burning his eyebrows, can't care so much.
Li Xin, who was concentrating on watching the market, didn't want to wade into this troubled water, Liu Zhongzhou had already excluded him from such a meeting before, and he had not been notified of several meetings, and he had long been chilled by this.
What's more, when Liu Zhongzhou asked him to enter the venue this morning, he also made it very clear that he was asked to bring the computer in to introduce the market trend, so after he entered the venue, he focused on the trend of futures prices without squinting, ignoring what the people next to him said and did, and just answered a sentence or two when Liu Zhongzhou asked him about the price trend.
There are two reasons why he doesn't want to say anything more to them: one is that he has nothing to say to these people, and the other is that the reality is there, and if he wants to get out of the predicament, there is only one way.
But Liu Zhongzhou just clicked his name, this time Li Xin couldn't dodge, as soon as he raised his head, he saw that all the people were focused on their faces, he hesitated for a moment, and said: "At present, there is only the best way to close the position." ”
Li Xin's temperament is too straightforward, and he can find solutions to many things that are extremely difficult in the eyes of others, but when he says his own opinions, it is as difficult for him to find a tactful sentence as it is to ascend to the sky.
Just like now, it is his norm to talk straight to the point, and he doesn't even think about how the other party will feel after listening to his opinion.
As soon as Li Xin's words came out, everyone in the venue fell silent again. Everyone knew very well what Li Xin's words meant, and they secretly observed Liu Zhongzhou's expression from the corner of their eyes, wanting to see what his attitude was.
Their eyes are full of timidity and evasiveness, not to mention letting them make their own suggestions, that is, the opinions of others, as long as they feel that there is a risk, they will retreat and never participate in the comments. So when they looked at Liu Zhongzhou's expression, they all secretly glanced at it from the corner of their eyes and quickly withdrew their gaze, for fear that they would meet Liu Zhongzhou's gaze and be named by Liu Zhongzhou to tell him what they thought of Li Xin's opinion.
When they looked at Li Xin just now, their eyes were not like this.
At that time, their eyes were very grinning, and they fell on Li Xin's face very presumptuously, wishing they could use a magnifying glass to see all the changes in the expression on Li Xin's face.
Li Xin's words undoubtedly kicked the ball back to Liu Zhongzhou's feet, such a question, no matter what opinions others have, in the end, only Liu Zhongzhou can make a decision.
At this time, Liu Zhongzhou had calmed down from the initial panic. After listening to Li Xin's very straightforward but unexpectedly answered, he didn't say his opinion, but asked Li Xin a question: "Do you think such a strong buying order this morning is caused by the bulls increasing their positions, or by the shorts closing their positions?"
As soon as Li Xin heard Liu Zhongzhou ask, he immediately understood that Liu Zhongzhou had not considered such an option as closing a position and stopping losses.
But Liu Zhongzhou's question, Li Xin really didn't know how to answer. He hurriedly looked at the computer and saw that the data on copper positions so far this morning still has a relatively large increase compared with the past, but it is really impossible to judge from here whether this morning's buying is more than the long position or the more the short position is closed. So he said, "I really can't see this." ”