Entertainment: I’ve been poor, but I’ve never been poor
42 9.5 billion in cash. This was Su Ming’s capital!

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"Since these people think so.”

"That also means that the oil price is going to stop falling.”

"Let's settle all the contracts we've short-sold. A profit of four billion is not bad!”

Su Ming nodded.

Four billion in two days.

He only received a good evaluation.

Then, Su Ming made another decision.

That was to continue standing on the opposite side of the mainstream.

The mainstream was optimistic about international oil prices.

Then Su Ming would go short.

But now.

The mainstream had already begun to look down on international oil prices.

And he felt that he could not continue to short, but it was time to directly exit.

This decision.

This surprised Shen Xinna.

She did not understand why he would make such a judgment.

"It's impossible for these oil-producing countries to increase production.”

"At the very least, it's impossible to increase production in the short term. It's nothing more than taking a step forward and then taking a step back to give America a way out.”

"Although America isn't as strong as before, these oil-producing countries don't dare to go against America too forcefully. It's impossible for them to directly increase production in the short term.”

" That's why the price of oil will temporarily stop falling," Su Ming explained." If we go short now, it'll be very easy for us to lose all our profits back!”

Listen.

Shen Xinna felt that it was very possible.

Regarding international oil prices.

America still had a lot of influence.

After all, it was not just one of the largest oil producers.

At the same time.

For many oil-producing countries.

It could directly threaten them through military strength.

Therefore…

To a certain extent.

America could control international oil prices.

At least for a period of time, it could be done to this extent.

This way…

It was indeed very likely that the oil price would stop falling.

The reason why it fell.

It was the bankruptcy of the production reduction plan of the United States.

There was also news of increased production from many oil-producing countries.

Under such circumstances.

International oil prices would naturally continue to plummet.

Ten percent in two days was also a very common thing.

However, as long as the oil-producing countries temporarily gave up on increasing production.

There was also a series of operations by the United States, all kinds of coercion and bribery.

Oil prices would definitely stop falling.

Therefore…

Su Ming's judgment.

In Shen Xinna's opinion, there was no problem.

"Then are we going to do more?"

Shen Xinna asked.

Since Su Ming was optimistic about the price of oil…

Should he switch from short to long?

"There's no need."

"Oil prices will rise, but not by much.”

"Moreover, the cycle of the increase is relatively long. The profit from doing more is very limited, and it will affect the turnover of funds.”

" Besides, there's a high chance that the price of oil will drop to forty dollars after a while," Su Ming said." There's no need to buy more now!”

Even if the price of oil was expected to rise.

But that didn't mean that he would directly buy more oil prices.

After all.

Oil prices rose slowly.

That would not meet Su Ming's requirements for the return on his investment.

A project with low returns.

He had never been interested.

Instead of increasing oil prices.

It was better to use all the funds.

Only by investing in projects with higher returns could they reap the greatest benefits.

Before the oil price started to plummet.

Then, he would use these funds to short the oil price.

In this way.

This was the best way to maximize the benefits.

The other investors did not dare to go so far.

But Su Ming dared to do so.

He had already made the necessary arrangements.

"Oil prices will fall below $40?”

This prediction.

This surprised Shen Xinna.

The oil price had dropped to 45 dollars.

However, she still found it hard to believe that it had dropped below $40.

Such a decline.

It was enough to affect many industries around the world.

"Based on the international situation and market situation.”

"Oil prices will continue to fall. The current increase is only temporary.”

"That's why once the oil price reaches its peak, we can start preparing to sell short!" Su Ming said straightforwardly.”

Regarding this point.

He was very confident.

As long as nothing major happened in the year.

If the international oil price fell below 40 USD, that would be the inevitable result.

Listen.

Shen Xinna nodded.

She was becoming more and more curious about Su Ming.

Why was he so confident?

And every time he was confident, he really succeeded.

This point.

This was what made Shen Xinna the most unbelievable.

"After this short sale."

"We will have 6.5 billion in cash on our books.”

"At the same time, in the next month, our other projects will also receive money one after another. At that time, we will have an additional three billion yuan!”

Shen Xinna continued to report.

For a financial company.

Such a large sum of cash.

Even if it was just a day in the account.

This was the biggest waste of cash.

Therefore…

Shen Xinna had to report this in advance.

It was so that Su Ming could make arrangements for the funds in advance.

Instead of waiting until the cash was in the bank and then slowly planning the cash.

All the investment projects of Future Industries.

Almost all the decisions were made by him alone.

The other members.

It only played a supporting and executing role.

9.5 billion in cash.

This was indeed a huge sum of money.

Even for a financial company, it was a shocking amount of cash.

And this was Su Ming's greatest asset.

He alone had such a terrifying amount of cash.

Moreover, he had only used a year's time. It was not all his capital.

This was only cash.

There were still many projects that had not started to recover.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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