157: I'm going to the jade market again!
Chen Kai frowned. The capitalists were really ruthless with their scheme this time; even a finance professor had been led into the pit.
However, this wasn't something he could interfere with. He just needed to take care of himself and his woman.
Let go of the urge to help others and respect their fate.
Otherwise, if he didn't advise this old professor, it would be fine; if it dropped and didn't rise, the professor would be the one feeling heartbroken.
But if you advised this old professor to sell, and the stock price fell again, he wouldn't say anything. However, as soon as it rose again—especially if it exceeded 1430—he would definitely blame you.
In the short term, it might be impossible, but in the long term, it might rise again. When that time comes, he would definitely blame the person who advised him.
Clearly, when you don't advise him, he feels heartbroken when it drops, but after you advise him, he will comfort himself, thinking this was the correct path he chose, and won't be grateful at all.
Advising people is like this: if he makes money, he thinks it's his own merit; if he loses money, he blames you.
Therefore, Chen Kai now feels that as long as his own interests aren't affected, he doesn't care how others mess around; it has nothing to do with him.
Why bother playing the villain? Honest advice is hard to swallow.
As long as it doesn't affect his interests, he won't argue with anyone. Whatever you say, he'll just respond with, "Yes, yes, you're right."
"My judgment shouldn't be wrong; this stock cannot be held long-term."
As soon as Chen Kai said this, the stock price on Tang Yunshu's computer shot straight up, rising from 1350 per share to 1430 per share.
"Whoa! Brother, it really rose!"
"I'll help you sell all your Stocks right now!"
Tang Yunshu immediately operated the computer and sold off all the maotai liquor Stocks that Chen Kai had purchased.
After selling, the money was deposited into their company account. Without hesitation, she immediately sold off all the maotai liquor Stocks under her own name as well.
She still believed in Chen Kai's judgment! Even if it could be held long-term, she was willing to take a gamble.
Every time she followed Chen Kai to buy Stocks, the outcome proved that Brother Chen Kai was right, and everyone else—including her and the financial tycoons—was wrong!
After operating for two minutes, Tang Yunshu had sold all his Stocks, and she grinned at Lin Yang.
"Well~ Brother, we made over one hundred thousand in total. I'll transfer it all to you."
Chen Kai was stunned and waved his hands repeatedly.
"The necessary handling fees must still be deducted, after all, it has to go through the public account."
"The total capital invested was 1.7 million. With a 1% commission on the principal and a 0.5% commission on the net profit, that comes to 17,450."
"I'll receive exactly ninety thousand. You can just transfer it to me later."
A flash of embarrassment crossed Tang Yunshu's face; she was actually going to charge her man money!
But then she thought about it; using the public account meant that if the books didn't balance, it would be a bit troublesome.
Anyway, he had also made tens of thousands, so she would just use this money to treat Brother Chen Kai to some fun.
"Okay~~ I'll transfer it to you in a bit."
Chen Kai nodded. Seeing that she was still quite busy, he greeted her and turned to walk out of the company.
Just after walking out of the company's Office Building, he received a transfer of 1.79 million. He felt relieved instantly.
Before, he had no money on him. After investing in Stocks and jade, he only had a few thousand left, and he had to be extremely cautious whenever he went out to buy anything.
Now that he had the money, he felt his energy and spirit return all at once.
Indeed, money is the courage of a hero; that saying is absolutely correct.
Chen Kai went downstairs, thought for a moment, and then drove towards the nearby Jade Market.
He was prepared to scout out whether the Jade Market was in a panic or if prices had risen now that the Little foreigner smugglers from Myanmar couldn't transport jade in.
However, this time he was going to a different Jade Market, one much larger in scale than the one he had visited yesterday.
Chen Kai immediately stepped on the gas, and the car shot away like an arrow released from a bow.
...
In less than an hour, Chen Kai parked the mercedes-benz gle in a public parking lot. He put the jade statue from his bag into the car, and only then did he get out of the car with peace of mind.
He walked briskly towards the nearby Jade Market. Although it was called a Jade Market, it was actually just an open-air area with a canopy roof.
However, he didn't know if it was because he had changed markets, but he felt that the foot traffic in this market was even higher than the one he went to yesterday.
Chen Kai walked quickly into the market and found that there were very few vendors selling Old Pakan material; most of it was just scattered pieces.
Furthermore, the quality of the jadeite was very average, not even as good as the material he had bought for 100,000.
But! The Old Pakan material in the market had one thing in common: every stone had a price tag, and it was marked as non-negotiable!
Old Pakan material of similar quality to his was already 140,000!
The price was truly skyrocketing.
Just as he was about to ask, someone suddenly walked up behind him, their eyes lighting up upon seeing the Old Pakan material.
They asked the vendor directly, "Can this Old Pakan material be sold for 120,000? What's going on with you all lately? Why are the prices for Old Pakan material skyrocketing?"
"I wasn't prepared at all, otherwise I would have bought more before this."
"I'm only interested in Old Pakan material; things like Mosi Sha are too prone to color change."
The vendor was also full of helplessness and shrugged his hands.
"Do you think I want to raise the price? This material was worth eighty or ninety thousand before."
"Do you know why it's expensive now? Because the Little foreigners can't get the goods in! All the Old Pakan material in the entire market right now is old stock; there isn't any new material."
"It's all stock that was hoarded before. Do you think I make a profit selling it for 140,000? I bought this material from someone else yesterday because I had a sharp eye; I bought it for 120,000."
"And look what happened, damn it, as soon as we opened today, all the Old Pakan material prices went up. Everyone visiting the Jade Market is specifically asking for Old Pakan material. What can I do?"
"Who knows when those Little foreigners will be able to deliver material again?"
The buyer nodded helplessly, acknowledging this fact.
Seeing this, Chen Kai curled the corners of his mouth slightly; it proved his theory was correct.
It was only the second day, and it had already risen so much. The current situation was that any jade dealer with a bit of insight was already hoarding stock.
By the third day, the market would definitely be in short supply for Old Pakan material.
Moreover, his material was of very high quality, so he would definitely make a huge profit when the time came.
By the fourth, fifth, or sixth day, these people would probably be completely panicked. As the market's inventory became increasingly scarce, anyone with Old Pakan material would come out to demand high prices, taking advantage of others' desperation.
Or they would buy a lot at once to hoard, waiting for the price to rise another wave before selling.
It was a pity, though; these people's calculations were all in vain.
There were only seven days. By the seventh day, there would likely be rumors, and the price would suddenly drop back to its original level.
Chen Kai shook his head with a smile.