"It's okay to fall! Didn't it just go up by $0.5? A slight drop is also a normal adjustment."
Because the old man was here, Liu Hongru also steadied his body and state, and spoke calmly.
However, the visitor had a sad face and shouted: "It's not just a small drop! It's a big drop! A big drop! Once it dropped by one dollar, many of the stocks that were just bought were liquidated in an instant."
Crash!
After hearing this, everyone present became restless.
Even the old man's expression was slightly moved.
He asked hurriedly: "What about our soybean contract? Are we making a profit or a loss now? Is there any liquidation?"
Professor Li at the side promptly replied: "Commander! We bought it at a relatively low price. Now it has dropped by one dollar, which is exactly the cost price we bought it at. Basically, we break even!
However, the 10 million US dollars that had just been earned were lost in an instant.
Hey! If we had just sold it out, it would have been great if we had stopped when we saw the profit! "
His words immediately made several directors look unhappy.
After all, the three of them just now resolutely acted according to the planned price and did not advocate selling at a profit.
But now the price has dropped immediately. Who will bear the responsibility for the loss of 10 million in profits?
There is no doubt that if the old man really wants to be held accountable, the responsibility will definitely be borne by the three directors.
Director Liu Hongru made a prompt decision, stood up immediately, admitted his mistake and said: "Commander, it's all my fault! I was greedy just now and misjudged the situation. I should have listened to Professor Li and sold it as soon as I made 10 million US dollars. Please punish me!"
The other two deputy directors also quickly stood up.
"We also didn't agree with the sell-off just now. It's not Director Liu's responsibility alone. Please punish us as well!"
Suddenly, the atmosphere in the office became tense and serious.
The old man took a long puff of his cigarette, then laughed, pressed his hand down, and said to them: "Why are you all so serious? Didn't we agree on this before we did this?
Let you just do it without any psychological burden.
If someone really needs to take responsibility, I'll take it!
Don't be so nervous! In futures market trading, there are gains and losses, which is normal.
Besides, we haven't lost money yet, have we? We just paid back all the money we earned before, and we haven't suffered any loss. Don't mention responsibility or punishment for every little thing!
These will become shackles for many of our comrades when they charge into battle!
We must now cross the river by feeling the stones and allow our comrades to make mistakes. If we don’t make mistakes, how can we learn from our failures? "
After the old man finished speaking, everyone present breathed a sigh of relief.
However, now that we have discussed the issue of responsibility, what should we do with these soybean futures contracts?
Professor Wu hesitated for a moment and took the lead in suggesting: "Sir, I estimate that the price of $8.5 per bushel should be the highest price that soybean futures have ever been traded.
Now that it has fallen, I am afraid it will continue to fall. We must stop the loss in time. Sell these soybean futures quickly, otherwise we will really lose money. "
Professor Li also agreed: "Perhaps that comrade's prediction was a little off! He predicted that the peak would be $10, but in fact it might rise to $8.5.
Since we have missed the best profit selling price, it is still in time to sell now and avoid losses. "
At this time, the three directors didn't dare to speak anymore.
Because of their standpoint and position, at this time, whether they are in favor of selling or against selling, they are very passive.
"In this case..."
The old man also frowned when he heard this.
At this time, news came from the next room.
"Director Liu, there has been a panic in the soybean futures market. The selling orders have increased several times, and the price has dropped by another $0.2 per bushel. We...we have lost more than two million dollars."
Wow!
At this point, the three directors were all a little restless.
How could I lose two million dollars just by hesitating for a short while?
If this price continues to fall, the 10 million US dollars will soon be completely gone!
"Commander, how about... we just cut our losses in time! Just think of it as a lesson learned. It's better to lose only two million dollars now than to lose it all."
Liu Hongru finally couldn't bear it anymore. After all, the chief commander of this plan was his director of the Foreign Exchange Administration Office.
Even though the old man said that he would not pursue anyone's responsibility, he could not get over it in his heart. He would not stand by and watch state-owned assets and precious foreign exchange suffer heavy losses in his hands.
"Don't panic! Wait and see."
The old man, however, had a sharp gaze and was not at all frightened by the news of the loss of two million dollars.
"We can't wait any longer! Commander, if we wait any longer, we will lose everything."
"There are so many orders now. Even if we place an order to sell all of them right now, we may not be able to sell them at the current price!"
"Chief! Let's sell it quickly!"
…
The three experts and three directors were as anxious as headless flies.
The old man, however, sat upright, squinting his eyes, pointed at the telephone next to him, and said to his secretary Xiao Liu: "Xiao Liu! Call Lin Huowang right now! I want to talk to him!"
…
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