Chapter 177: Buying Short
During the meal, Mu Dong asked Liu Guoqing about the operation of the company, and learned that everything was going well, and now in addition to the houses purchased by Mu Dong and his family, other houses have also been sold seven or eight sets, which is already very good for a small company that has just been established. Pen % fun % Pavilion www.biquge.info
Liu Guoqing asked Mu Dong if he could buy the remaining houses. Mu Dong thought about it for a while, his plan was to buy 10 sets, and now 6 sets have been sold, so let's buy it, which can be regarded as helping Liu Guoqing on the horse and giving him another ride. It just so happens that the bank has recently been able to solve its own working capital, and there is still spare money in hand.
After eating, Liu Guoqing helped clean up the table and left.
Mu Dong accompanied his mother and daughter-in-law to watch TV, and then went to the study, called Wang Xinlan, and asked about the company's management software.
Wang Xinlan said that the conversation was almost over, and Accenture would recently send someone to Quancheng to meet with Mu Dong to solicit specific requirements for management software.
Wang Xinlan also told Mu Dong that the management software is not as cheap as imagined, and what can be bought for $500,000 is only the most basic. The best logistics and express industry management software, can accurately predict the flow of goods around the world, reasonable allocation of vehicles and even cargo aircraft transportation resources, to save transportation costs to the greatest extent, and such software, 1 million US dollars is just starting, the top to about 2 million US dollars.
Wang Xinlan's words made two words quickly pop up in Mu Dong's mind, cloud computing, smart logistics.
He immediately instructed Wang Xinlan to talk about it according to the top management software, as for $2 million, it's nothing, didn't he make $3.89 million last time?
In the end, Wang Xinlan naturally asked when he would buy gold again, and Mu Dong was still the same word, wait!
Wang Xinlan was very helpless and put forward a suggestion, if the price of gold has been bearish recently, can it be shorted?
Buying short? Mu Dong hesitated for a while.
The so-called short buying, in layman's terms, is to sell a part of the gold first under the margin mechanism, and wait until the price falls, and the difference in the middle of the gold is the investor's profit.
The reason why Mu Dong hesitated was because he had fooled Wang Xinlan at length, saying that the concept of investment is to be bullish for a long time, buy as long as it falls, and sell when it rises.
Therefore, the operating idea he passed on to Wang Xinlan was to buy up and make profits in the rise in gold prices.
The investment idea of buying short is to buy down and make profits in the fall in gold prices.
This is not consistent with his own investment ideas, will Wang Xinlan realize anything?
However, what Wang Xinlan said is also very right, the funds are idle here, which is indeed a waste.
Thinking of this, Mu Dong recalled the data and said: "Xin Lan, in this way, you take out about half of the funds to operate the short buy, so that even if there is a risk, we can still preserve our strength." I'll just give you a little advice, take small steps, keep the price gap within $10 for each short buy, and only run for a week at most. As long as it's within that range, you're free to do it, okay?"
The meaning of this passage is that I only draw circles. Within the circle, how to toss, when to toss, whatever you want.
Wang Xinlan was a little hesitant, the risks and opportunities in the gold market coexist, sometimes the price difference in a day reaches more than 20 US dollars, and now Mu Dong lets herself decide by herself within a certain range, she feels that the responsibility is too heavy.
However, Wang Xinlan was also a timid person, she gritted her teeth and agreed, and hung up the phone.
She thought to herself, I don't use half of the money, I'll use a quarter, okay? I don't ask for a $10 spread, I'm going to set $5, okay? Also, I'm only going to run for three or five days, and if it doesn't work, I won't lose much. Anyway, now in the past few days, watching the price fall all the way, I feel uncomfortably panicked.
As soon as he said it, Wang Xinlan immediately invested 2.358 million US dollars, at a price of 1,179 US dollars per ounce, using leverage to buy 200,000 ounces of gold.
Immediately afterwards, Wang Xinlan immediately placed an order to buy 200,000 ounces of gold at a price of $1,174 per ounce.
After completing the operation, Wang Xinlan's whole person became nervous, and now he could only wait. As long as the price of gold falls to $1,174 an ounce, it will net $800,000 minus spreads and commissions.
If the price rises, then more than two million dollars will be lost until it becomes zero.
It's all about time.
Time did not make Wang Xinlan wait too long, at 2 o'clock in the afternoon EST, Wang Xinlan, who looked nervous, earned the expected $800,000, and she was so excited.
Because this money was earned through her own decision-making at her own suggestion, it was a completely different feeling from making money under Mu Dong's instructions, which made her feel very fulfilled.
She acted quickly and carried out the operation again, this time she magnified her courage a bit, directly buying short and pending orders of 300,000 ounces, and the spread was also designed to be $6 per ounce.
Then there was a new round of torment waiting......
The next day was December 3.
From this day on, Mu Dong took the company's different project leaders to visit the leaders of the Land Bureau, the Planning Bureau, the Urban Construction Bureau, the Industrial and Commercial Bank of China, and the Construction Bank, expressed his sincere gratitude, sent exquisite mobile phones, and expressed his vision of expecting the other party to continue to support.
Boss Mu's actions have been unanimously praised.
These units were all organized by Mayor Cai to participate in that day's symposium, and to put it mildly, they were forced to go. Whoever is in his heart will not be too happy. At that time, it was just to sell Mayor Cai's favor, expecting a future income with or without it.
However, Mu Dong impressed several people with positive visits, sincere attitudes and beautiful gifts.
This young man is not pampered and arrogant, but very well-behaved and measured.
As for the mobile phone sent by Mu Dong, several leaders just smiled, or gave it away or put it on the shelf. It doesn't matter if the mobile phone costs thousands of dollars, a few people just take a fancy to Mu Dong's heart.
It was not until noon on December 5 that Mu Dong and his entourage completed the visit and returned to the company.
Mu Dong sat in the office, touched his face that was a little stiff with a smile, and finally breathed a sigh of relief.
In the past few days, several things have happened.
First, the courtyard of Dongqi Group has been signed, and Liu Fangfei has already brought people over to clean up, and there are several rooms that need to be painted.
Second, Mu Dong decided to reinstall a set of sorting equipment in the courtyard of the hospital, and has put forward a request for purchase and installation to Suzhou Zixin Company, and the other party said that it will come to install it in about 10 days.
In this way, Mu Dong hopes to seamlessly connect with the current business. If the warehouse is dismantled and then installed, it is estimated that it will take about a week to come and go, and the express sorting during this period will become a big problem.
As for the equipment in the warehouse, it will be directly packed and transported to the city where it is needed later.
Third, Zhu Xuesong called and said that the compound on the outskirts of the island city branch had been leased, and a 5-year contract had been signed, and he needed to pay 200,000 yuan in rent for the first year, and Mu Dong asked Lin Xiaoyuan to arrange the payment.
Yes, the branch of the island city is a leased compound, not only the island city, but also other places in Mudong plan to take the form of lease. If they all buy land and houses like Quancheng, Boss Mu will not have enough gold and silver mountains.
The fourth and most important thing is Wang Xinlan's gold transaction.
In the past three days, Wang Xinlan has called every day to tell her about the transactions she has handled. The first time she made $800,000, the second time she made $1.5 million, and the third time she played bold, directly buying short pending orders of 500,000 ounces, and the spread was set at $8 per ounce, and after more than ten hours, minus the commission, she made $3.5 million.
After these three transactions, Wang Xinlan felt a deep fear.
Yes, not excitement, it's fear, from the price of gold rose to $1,206 per ounce on December 1, and by the late night of December 4 EST, the price of yellow chicken had fallen all the way to $1,161 per ounce, a full drop of $45.
After Wang Xinlan's three small gains, this round of strange price declines has made her afraid, she guessed, although she does not know where the price bottomed, but the price of gold must rebound, at this time, you must not buy short, to save funds and wait to buy up.
Therefore, after the completion of the third short-buying transaction, she consulted Mu Dong, decisively withdrew from this short-buying feast, and began to wait for the next round of rise.
Mu Dong naturally knows that the price is far from bottoming, but he can't say too much, not to mention that these three short purchases have netted 5.8 million US dollars. Now, American Future has more than $14 million in funding.
This money-making speed can already make Boss Mu wake up with a smile when he sleeps.
And Wang Xinlan, who is far away in the United States, also quietly made a small decision at this moment, she plans to put the 50,000 US dollars she has worked hard to accumulate in the past few years into the gold market, and speculate together according to Mu Dong's prompts.
After lunch, Mu Dong received two phone calls, one was Liu Guoqing, saying that he had contacted a few more houses and asked Mu Dong to send someone to take a look, Mu Dong directly sent Lin Xiaoyuan and Mu Xiaoxia to buy 4 more houses, and entrusted them with carte blanche to handle it.
The second call was from Accenture, the other party was a business representative of the Chinese company, and the time to meet was agreed, and Mu Dong asked and learned that the other party was already in Quancheng, so he made an appointment to meet at 2 o'clock in the afternoon.
At 2 o'clock, the other party came as promised. There are three people in total, one is Li Xianghua, vice president of Accenture China,
One is her assistant Miss Jenny, and the other is Zhang Mingxi, the business representative.
Li Xianghua is a Chinese born in the United States, his ancestors are southerners, not tall, dark and thin, with a pair of gold-rimmed glasses.
He got out of the car and looked around at the busy courtyard, feeling disappointed.
It's such a small broken company, what kind of top-notch management software do you want to buy? You still have a company registered in the United States? Crazy, right?