I’m in Hollywood - Chapter 365
[Chapter three hundred and sixty-two go back to heal]
“Of course the international oil price has skyrocketed,” Chris replied without hesitation. “That’s your final guess, Eric, but it’s impossible. Do you know what Iraq’s invasion of Kuwait means? These two The country’s proven oil reserves account for one-fifth of the world’s known oil reserves. Once Iraq annexes Kuwait, Saddam can arbitrarily manipulate international oil prices. Yes. Even if he’s a lunatic, he can’t do it.”
“Since everyone thinks so, I want to take a gamble. I bet war will break out in the Middle East in three months, Chris, if you don’t want to. If you help me, I’ll just open an account at the New York Mercantile Exchange with the money, you won’t just watch me as a layman and get scammed, right?” At the end, Eric played the emotional card.
Hearing Eric’s playful tone, Chris couldn’t help laughing and laughing: “Eric, your net worth has reached a billion dollars now, you can already buy everything you want, is it necessary to take such a risk? You just Saying that you have to withdraw the liquidity of all the companies under your hand, once the money is lost, it will be a big trouble. The incident just happened at the beginning of the year, if the seven major film companies knew that Firefly’s liquidity was exhausted, it would definitely be I will not hesitate to fall into the trap again, the mall is very cruel, don’t expect other people to have a benevolent heart.”
Eric said confidently: “Why not think about it in a good direction, in case I bet right What?”
Chris smiled and softly persuaded with a pen in his hand: “Eric, why don’t you calm down for two days. Play in New York. Or go on vacation?”
“Chris. I Very calm, I have decided, if you don’t agree, I will go to the futures brokerage company to do it myself,” Eric got up with a gesture.
Seeing that Eric was not cheating, Chris waved his hand helplessly and said, “Okay, okay, I promise you, you sit down first.” The
two discussed some details.
Chris called the company’s financial manager: “Eric, go through the transfer procedures with Weber first, and I’ll find you later.”
After Eric left with the company’s financial manager, Chris picked up the phone
in front of him and dialed Jeffrey’s number: “Dad, did he tell you about Eric?”
After a few words, Chris said again: “It seems that Eric didn’t tell you about this, but it was unclear on the phone. I think you should come to New York, Eric… he has some brains. Fever. I can’t persuade.”
After a few quick words, Chris quickly hung up and walked out of the office.
…
Alyssa Brighton couldn’t help but glance at the three people sitting in the living room again.
This is Eric’s second day in New York. After filming “Instinct”, Jeffrey went back to Maryland to take a break from the farm he bought earlier. In less than a week, the old man lost his life because of his son’s A phone call hurried to New York.
At this point, the three of them were silent. Jeffrey had been persuading him for an hour before, but Eric never let go. Seeing the scene, Chris was a little embarrassed, and suddenly said to his girlfriend in the kitchen, “Ai Li, is dinner ready?”
“Well, it’s ready,” Alicia replied quickly.
“Should we eat first?” Chris asked tentatively.
Eric had no intention of arguing with Jeffrey at first, and said with a smile: “Jeffrey, eat first, and then persuade after you finish eating, don’t be hungry.” The
old man snorted and said to himself. Gu Zi got up and walked towards the restaurant, Eric shrugged at Chris, and Chris sighed helplessly.
Alyssa Brighton was originally a very talkative girl. At other times, she must have been looking for a topic or two to stir up the atmosphere at the dinner table, but at this time, the girl was also sitting quietly in the gram. Beside Reese, eating dinner without saying a word.
After eating dinner in silence for a while, Jeffrey finally said in a gentle tone: “Eric, this matter can’t be kept secret, you want to fry that… oil futures, you can, but you can’t hold all the money. If you go in, you can’t use loans to speculate. If others know that you have lost all your money, they will definitely take the opportunity to pinch the firefly’s neck.”
“Jeffrey, why can’t you think in a good place, in case you make a profit? ”
How can there be such a good thing, this is Wall Street, not Hollywood, we are all laymen.”
Chris interjected at the right time: “Yes, Eric, Wall Street is the territory of financial giants, and futures are actually a This is a two-way betting contract. When you make money, it actually means that others lose money. The more you make, the more others lose. Do you think your opponent will be willing? I used to be at Morgan Stanley When I was working in Lee, I saw with my own eyes that these big investors acted in their own interests and manipulated the financial market. Don’t say anything (the Securities and Exchange Commission), even with these giant crocodiles.”
“We are a small cap of 200 million US dollars. Oh, those big investment banks can’t target us, right?” Eric shrugged and said easily, what’s more, once the Middle East fights and the price of crude oil soars, any tricks of the financial giants will only be defeated by the big waves. Part of the shoot.
Geoffrey and his son looked at each other and became quiet again. Eric didn’t want to continue to struggle with this issue. He looked at Alisha Brighton who was sitting next to Chris. He remembered that on Thanksgiving last year, the couple still It was awkward, but now it seems to be reconciled.
“Allie, is your clothing company listed? I remember that it seemed to be said on Thanksgiving last year?”
Alisha glanced at her boyfriend beside her resentfully, and shook her head: “Within three years It’s
over.”
“It’s okay, when I make money this time, I can invest if you want,” Eric said with a smile.
Alyssa smiled and said okay, she didn’t take it seriously. She has been with Chris for a long time, and the girl also knows how risky the futures market is. How much money an investor like Eric puts in can be completely It’s good to take it out, and the chances of making money are slim.
“Eric, where do you live now?” Jeffrey asked again.
“I booked a suite at Sixty Soho Hotel on Sixth Avenue, and I plan to stay there for a while.”
Jeffrey didn’t know the location of Sixth Avenue, glanced at his son, and Chris explained: ” Sixth Avenue is very close to the New York Mercantile Exchange.”
Jeffrey sighed, Eric even considered this detail, it seems that there is no room for manoeuvre in this matter: “Chris, during this time you Put the investment company aside first, focus on helping Eric, and try your best to…”
“I understand, Dad,” Chris nodded.
In the next few days, Chris began to help Eric to hire a trader to handle the account opening. Jeffrey also stayed with the two young people all day long. Of course, during the period, there was inevitably a dispute, mainly about the proportion of futures margin. .
Eric wants the margin ratio to be 5%, which is 20 times the leverage, so that the capital of 200 million US dollars can be enlarged to 4 billion, but Chris and Jeffrey agreed that five times the leverage and 20% margin should be used. .
Eric knew that the father and son were thinking of themselves, and they did not fight. They argued all morning. In the end, both sides took a step back, with a 10% margin and ten times the leverage.
Entering July, crude oil prices in the futures market rose again, approaching a high of $19 per barrel.
Eric and Chris hastily formed the futures trading team also began to enter the market.
Due to the situation in the Middle East, a large number of speculators have entered the crude oil futures market. On the New York Mercantile Exchange alone, the daily trading volume of crude oil futures has exceeded 100,000 lots (1,000 barrels per lot of crude oil futures on the New York Mercantile Exchange). $2 billion.
With the current situation in the Middle East, many people are betting that some people hope that the price of crude oil will fall back to the level of $14 a few months ago, and of course some people judge that the price of crude oil will continue to climb.
Therefore, Eric, a bullish and long team, does not seem too conspicuous. However, in order to try not to attract too many people’s attention, Chris will control the daily trading volume to about 10 million US dollars. According to this progress, it is enough The $200 million in funding was spent in full by August, and Eric made no objection.
As Chris said before, after the price of crude oil climbed to $19, it stopped rising sharply, but began to fluctuate between $18 and $20. Jeffrey was more worried than two young people every day, although The delivery date of the futures contracts bought by Eric is after October, but the profit and loss of futures trading is settled daily. After the market closes every day, Jeffrey will hold a calculator, UU reading www.sonicmtl.com facing The futures contract calculates how much to make and how much to lose today.
Worried that the old man would cause a heart attack, Eric and Chris persuaded Jeffrey to go back to the Maryland farm more than once, but all methods were exhausted to no avail.
After another busy day, Eric returned to the hotel where he lived. After taking a shower, he was about to make a few phone calls back to Los Angeles when he heard the doorbell. Although he knew that there were a lot of people in New York, he lived there. Not many people know the address of the hotel.
He opened the door curiously, and a small soft body jumped up and threw himself on Eric, wrapping around Eric’s waist like a koala, touching, kissing and rubbing for a while.
This situation was really risqué, Eric hurriedly returned to the room and closed the door, and then he pumped twice on Drew’s little butt in hot pants, and asked dotingly: “Didn’t you go to Hawaii for vacation, why suddenly Came here?” The
girl let Eric throw himself on the sofa, lay on his back and propped up his round chin, looked at Eric with bright eyes, and laughed: “Jeffrey said you were crazy, Let me advise you to go back to Los Angeles for treatment.” (To be continued. . . .
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[End of this Chapter]
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