Chapter 365: Smash it for me
The securities department of Barclays Bank, Sumitomo Corporation of Japan has a deep cooperative relationship with Barclays Bank, and has been using the channel of Barclays Bank, Japan's electronics manufacturing industry needs a large amount of copper, therefore, the stability of copper prices is very important to Sumitomo Trading, and a special person has been dispatched to be responsible for the London Metal Exchange, especially the price of copper, which is very close.
This week, the price of copper in the market rose slightly, and the people of Sumitomo Trading Company found that although the increase was not much, every little increase would affect the profits of the trading company, and today began to officially suppress the price of copper, with the simple goal of suppressing him to the price of a week ago.
Guo Yongren has been staring here all day today, until the closing, the copper price has fallen back to five days ago, Guo Yongren smiled, it is really a bit overestimated opponent, it seems that the opponent's funds are not much, no, it still needs to be stimulated.
The next day, as soon as the market opened, Guo Yongren spoke, "Andy, an order in half an hour, the price increase is the same as before" Guo Yongren said, Andy nodded and began to execute.
The market closed at 12 o'clock in the morning, and Guo Yongren bought a total of six hands in just three hours, but the effect achieved is very gratifying, today's copper prices are low and high, and continue to rise, which shows that people are hesitant to rise in copper prices, and small fluctuations do not affect people's determination at all.
In the afternoon, as Guo Yongren expected, Sumitomo Trading Company began to suppress prices again, "Andy, continue to pay, or an order every half an hour, continue to tease him" Guo Yongren said with a smile, Andy They all laughed, and they knew very well that this gentleman was fishing, so Sumitomo Trading Company continued to invest in it.
At the end of the market, in the exclusive room of Sumitomo Trading, the securities department of Barclays Bank, "Yaga, is there any mistake" The head of Sumitomo Trading, Ida Zhizhu, said with a dark face, it cost 500 million US dollars, but it didn't have any effect at all, and the price of copper was still strong and rose slightly, and it seems that more money must be invested tomorrow.
However, if you invest more money and you can't make your own decisions, you have to ask the headquarters, so Ida Nokuzu immediately started to call, and got what he wanted, and the trading company issued a death order, it is necessary to stabilize the price of copper, and it cannot continue to rise, and at the same time, a special commissioner is already on the way.
On the third day, Guo Yongren arrived early, "Andy, how much is the price of our long order at present" Guo Yongren asked, Andy checked.
"Boss, it's already 700 billion US dollars," Andy said, Guo Yongren nodded, just about to arrange today's work.
"Boss, it's starting to smash the price again," the trader Hawei shouted directly.
"Very good, keep the frequency of yesterday, continue to buy" Guo Yongren said directly, Andy they began to continue to execute, the market began to be weird, it is said that so much money was thrown in, it should have an effect, but from time to time a list came out, and the price was immediately stabilized, and the source of the list was different.
Sumitomo Trading's Ida Pillar also conducted an investigation, but the top ten lists are all retail investors, and there is no sign of a big customer making a bank, which reassures Ida Pillar that today began a large-scale price suppression, but it is so strange that the price suppression is not so smooth.
In one morning, the price only fell by one percentage point, and compared with the increase in the magnitude, it could not be said to be a decline at all, Ida Zhizhu thought about it, simply, in the afternoon, put all the funds into it, and concentrated firepower to suppress it once.
As soon as the market opened in the afternoon, the pillar of Ida invested all the remaining 800 million funds and began to suppress it, this time it was effective, and the price fell back to the price three days ago, and the pillar of Ida breathed a sigh of relief.
In the evening, the commissioner of Sumitomo Trading Company arrived, called Shinji Ono, and Ida Nosuki reported the matter to Shinji Ono, Shinji Ono nodded, "Ida-kun, you are doing a good job, when I came, I was authorized by the board of directors to borrow two billion US dollars from Barclays Bank, and at the same time use a hundred times the leverage, we must suppress the price, the board of directors should have communicated with the president of Barclays Bank Lyle today, and we can use the funds tomorrow, I want to see how the price of copper rises." Shinji Ono said very confidently.
"Ono-kun, great, it's really too timely for the headquarters to send you, I completely obey Ono-kun's dispatch" Ida Pillar immediately expressed his position, Ono Shinji was very satisfied with Ida Pillar's attitude.
Guo Yongren is also very satisfied, he buys copper futures every day, just a dozen hands, the price is sold at a high price, when the price is low, in the acquisition, back and forth and make a little money, but also maintain the price rise, can be described as the best of both worlds, there is no pressure at all.
Early in the morning, Guo Yongren arrived at the trading room in good spirits, and it didn't take long for it to start, "Andy, the old rules" Guo Yongren said with a smile, Andy also smiled, this gentleman is really amazing, and it is estimated that the opponent will not know what is going on.
"Yes, sir" Andy and the team began to execute with a smile, while Guo Yongren looked at the newspaper relaxedly, and when it was almost noon, something happened.
"Boss, the strong suppression has begun" Andy said, Guo Yongren smiled, didn't care, let him come, see what position he can suppress.
As soon as the market opened in the afternoon, the price of copper fell little by little, very firmly, and when the market closed, the price returned to the price of eight days ago, Guo Yongren smiled.
"Andy, can you calculate how much money the other party has invested today?" asked Guo Yongren
"Okay, boss, wait a minute," Andy said, and began to calculate with the cashier, and it didn't take long for the results to come out.
"Boss, the other party's investment today is expected to be about 1.5 billion US dollars, I analyze whether the other party should use leverage" Andy reported, Guo Yongren nodded, is this like a word, it is finally starting to be normal.
"Okay, yes, this is what I said, otherwise, like a few days ago, little by little is too useless, rest well at night, and have a good time with them tomorrow" Guo Yongren said with a smile, Andy and they all laughed.
After returning home for dinner in the evening, White made a pot of tea for Guo Yongren, "Boss, there is a call from Hong Kong, saying that you are coming back and call him back, call Mr. Shen" White said, Guo Yongren knew who it was.
"Okay, I'll go back to him" Guo Yongren said, put down the teacup, went to make a call, and went directly to Shen Congee's office, and soon, the phone was connected.
"Uncle Shen, I'm Yongren," Guo Yongren said directly.
"Yongren, what's going on today, I'm shocked when I see the price" Shen Congee said directly, today's price fluctuations were indeed taken aback.
"It's okay Uncle Shen, I'm playing with the other party, the opponent is the Sumitomo Foundation of Japan, using the channel of Barclays Bank, what a good opportunity, this time Barclays Bank did not give me face and refused my loan, I don't want to toss how to be worthy of him, the market follows Sumitomo in and out of basically the channels of Barclays Bank, when the time comes, these people will lose nothing, and the rest is Barclays Bank to fill in" Guo Yongren said his plan.
After listening to Guo Yongren say, Shen Congee's heart relaxed a lot, "That's it, I'll give you the number, if you have any changes, call directly to inform you, this is Wendeng's number, that is, the person who connects with you, I will give him an order here, let him fully cooperate with you" Shen Congee said directly.
Guo Yongren was grateful for a while after listening to it, and understood in his heart that this was Shen Congee worried that his funds were not enough, so he gave himself a big boost, "Thank you Uncle Shen, please rest assured Uncle Shen, this time, we are still winners" Guo Yongren said very affirmatively, hung up the phone after chatting with Shen Congee, and went to rest very reassuringly.
The next day, when Guo Yongren rushed to the room, the woman appeared again, Guo Yongren knew what was going on, "Don't worry, follow me, you can do whatever I want" Guo Yongren said directly, the woman breathed a sigh of relief and nodded.
After entering the room, it was almost time to open the market, as soon as the market opened, as expected by Guo Yongren, the momentum of suppressing the price was very fierce, and Guo Yongren did not react at all for a whole morning, and the price was almost suppressed to the time to enter the market, but Guo Yongren did not issue an instruction.
The market opened in the afternoon, "Andy, one order in ten minutes, the old rule" Guo Yongren said directly, Andy nodded and started to operate, Guo Yongren told the woman again, the woman nodded, went to the next room to explain, and came back.
This morning, Shinji Ono of Sumitomo Trading Company invested tens of billions of funds, which can be regarded as suppressing the price to his desired purpose, giving the market a hard blow, and made an exception at noon to drink a glass to celebrate, thinking that today is the end, however, for the sake of the insurance period, I still have the patience to stick to the market until the market closes.
As a result, less than an hour after the market opened in the afternoon, the price began to rebound, which made Shinji Ono a little unacceptable, "Yaga, is there a big order in the market?" Shinji Ono asked.
After a while, "No, it's all small orders," the trader replied, and Shinji Ono nodded.
"me, I'm going to see how far they can hold out," Shinji Ono said, and the trader began to execute, and he didn't know until now that a few crocodiles had been eyeing him.
"Boss, I found that four shares of funds operate the same as us, and two of them can't find the channels behind them" Andy's sense of smell is still very sensitive, Guo Yongren was stunned, thought about it, and understood, someone must have been ready to mention it, and the rise in copper prices must have been manipulated by someone, otherwise it would be a whole year of bull market.