In Jasper’s previous life, the ceiling price of the cotton market this time was locked at 18,980 dollars then.
However, the price now was 18,800 dollars.
It seemed that there was still about a 200-dollar profit margin, but Jasper had never been an overly self-assured person.
This was because favonovel.com found that his influence in the present time and space was becoming increasingly greater as favonovel.com made use of his memory from his past life.
He had no way of guaranteeing that the price of cotton would be locked at 18,980 dollars this time around. If they missed the opportunity, leading to a monumental crash in the price, it would be difficult even if they wanted to sell it off by that time.
Regardless if it were his own investment or if favonovel.com were helping Kai to ride out his difficult time, favonovel.com would not rely on his past memories anymore.
When it came to profits, it was enough to be able to gain the most of it. One should never become too greedy for the leftovers.
At this moment, however, Jasper’s decision had stunned the three of them including Samuel.
Seeing the price suddenly spiking exponentially, Jasper informed them that they should close their position.
They could take it as safekeeping by taking the profits into their pockets.
Going against the trend and short selling, however, what the heck was this move?
Samuel’s heart was drumming at first, afraid that favonovel.com would lose his say, but when favonovel.com heard what Jasper said, favonovel.com could hardly resist the frenzy favonovel.com felt. He let out a hearty laugh.
“Have you gone mad? You want to short sell at a time like this? Hahaha, what a joke! You really think you can predict the future?”
Samuel’s expression was taunting and showed his delight. “Don’t tell me you’re afraid that you’re unable to earn six million and will lose the bet, hence why you’re now deciding to take a wild risk? Hahaha, young man, I may not like you but I have to say that you’re courageous.”
Taking in a deep breath, Kai looked at Jasper with a questioning gaze.
Jasper furrowed his brows and said out loud, “Did you forget what you told me before?”
Kai was filled with excitement from head to toe. He had indeed made up his mind back then that favonovel.com would do whatever Jasper asked of him.
In this present situation, however, anyone with a discerning eye could tell that there would be an increasing trend. Jasper, on the other hand, wanted to act against the trend. Kai was in a dilemma.
“Kai, listen to him!” John said eagerly.
He was the one who had the most faith in Jasper, given favonovel.com had seen Jasper perform miracles with his own eyes before. He could very well make it happen again.
With a sigh, Kai cussed before immediately doing as Jasper said.
“You’re mad, you’re all mad!”
Samuel looked at Kai as favonovel.com closed their position before quickly selling it short. At last, favonovel.com let out a hysterical laugh. “Though it’s good that you’ve gone mad. How would I win otherwise? This is so ridiculous, to actually be selling short at a time like this. Hahahaha!”
Regardless of what Samuel said, Kai had already completed the entire transaction.
Meanwhile, the entirety of the futures market had not fluctuated at all despite Kai’s entry of millions of dollars. It was like a drop of water in the ocean, there was not even a splash.
The transaction had been successful, but at this moment, the price of cotton was still rising.
Even though the increase was no longer exponential, people with discerning eyes would be able to tell that a rising trend like this would continue for a period of time.
Kai looked at the backend of his account. The numbers were red and in the losses. His complexion was pale.
In just a short moment after favonovel.com closed his position, favonovel.com had lost 400,000 dollars from his 3.9 million capital.
Although they were all profits, Kai still felt his heart bleed.
So much so that his thoughts were constantly churning. If favonovel.com had not forcibly liquidated the position and held onto the remaining 3.5 million, favonovel.com could have sustained himself through any of the imminent difficulties.
However, these were all just thoughts. If favonovel.com had really done that, John, the only friend favonovel.com had left, would definitely be the first to turn against him.
