Spend Money to Play the World

Which is the best time management company for spending money to play around the world? 609. Shocking news and financial fraud I saw a news article titled "Wall Street's Most Ruined Short 'Needle' in the First Quarter of 2022 - Smashing $20.4 Billion to Short Mok Pharmaceuticals".

Xue Zhenshi clicked in and took a look, then her rosy and attractive lips lifted slightly.

"Luo Xu and those guys used the 'Needle Company' to short $20.4 billion in the stock of Mok Pharmaceuticals, tsk tsk, it's a lot of money, but unfortunately, no one is optimistic about them, it's a pity..."

After reading many news reports in a row, I saw the above remarks, which are similar to my own views, and I am not optimistic about the short-selling behavior of 'Needle Company' this time.

This made Xue Zhenshi more firm in his previous judgment.

Shaking her head, Xue Zhenshi looked away from Mok Pharmaceuticals and ran to browse other news about US stocks.

ten minutes later.

When she refreshed the web page, she suddenly saw a news message that made her pupils dilate.

【Shocking news! The pharmaceutical giant Mok Pharmaceuticals with a market value of 500 billion was accused of financial fraud, and its scale far exceeded the "Enron scandal", which exceeded 47 billion US dollars! 】

"This, this... Mok Pharmaceuticals actually has more than 47 billion US dollars in financial fraud? How is this possible!"

As soon as she saw the news headline, Xue Zhenshi couldn't help but groan, her lips parted involuntarily, she was so shocked that she couldn't close!

Taking a deep breath, Xue Zhenshi quickly calmed down and clicked on the news page to view the details.

[February 27, 2022, 3:00 a.m. U.S. time.

Eric and his team released a 178-page short-selling report against Mork Pharmaceuticals, which directly pointed out that Mork Pharmaceuticals was suspected of large-scale financial fraud. $47 billion...

Once this incident was exposed, it quickly caused a sensation on Wall Street in the early morning!

Mork Pharmaceuticals, a giant of traditional American medicine, has an aristocratic lineage that dates back about 150 years ago.

The world's first company to create sterile surgical dressings, the world's leader in contact lens production, the top three giants in global pharmaceutical companies, and even Nobel Prize winners have trained three people...

One by one makes it difficult for most companies to match.

However, the person who accused Mok Pharmaceuticals of financial fraud is not a nobody.

try{mad1('gad2');} catch(ex){} His name is Eric - who in 2012 exposed a US$20 billion financial scam in the United States, and made Wall Street legend Kady sentenced to 120 years in prison .

You must know that the investigation against Kaidi is only the result of Eric's first-ever arrival, trying to decipher the result of a small test during the investigation of the financial fraud case.

Now Eric has a short-selling agency called Coyote. In the past ten years, he has successfully shorted more than a dozen companies, with a total profit of more than 5 billion US dollars. Better than ten years ago!

When such two parties confront each other, are the pharmaceutical giants financial fraud and deceive investors, or financial bigwigs spreading false news in an attempt to short-sell for profit?

Let's all wait and see! 】

After reading this news report, Xue Zhenshi felt a little uneasy.

Although there is no financial fraud in Mok Pharmaceutical Company, and it has no direct economic relationship with her now, she still can't help but want to know the direction of this matter.

So, she went to download and check the accusation report released by Eric.

She read the 178-page report for three hours,

Finally finished it.

Then he slumped on the seat, his mood could not calm down for a long time: "If the content of this report is true, then the stock price of Mok Pharmaceutical Company will definitely drop sharply, and the surnamed Chen and Luo Xu are... making a lot of money. !"

Thinking of letting Xue Qi stop shorting Mok Pharmaceuticals before, Xue Zhenshi couldn't help but twitch in her heart.

Then, some people are reluctant to believe this fact.

So, she shook her head frantically: "The news just came out. Maybe, this report is fake?"

Thinking like this, Xue Zhenshi got up and left the study, went to the bathroom irritably for half an hour, took a brain-refreshing capsule, and then returned to the bedroom and fell asleep.

After she fell asleep, not only the United States, but also China.

Similar texts and videos appeared on Douyin and Weibo.

"My God, this pharmaceutical giant that has been standing in the United States for 150 years has been accused of financial fraud for 12 consecutive years! 》

"Big Short Eric's 178-Page Report: Mork Fraud Worse Than Enron!" 》

"Shock! The crazy American pharmaceutical giant has a financial fraud of 47 billion US dollars! 》

Because the Internet is very developed now, most of the investors in the world knew the news almost immediately, and they turned into melon eaters one after another.

try{mad1('gad2');} catch(ex){} "What's the situation, $47 billion in financial fraud?"

"It's blown up, it's blown up, Mok Pharmaceuticals was sniped this time!"

"I just saw the news yesterday that an organization in the United States shorted this company for more than 20 billion US dollars. Today, financial fraud was revealed. There is a conspiracy!"

"The conspiracy of the fart is to hold the evidence of its financial fraud, so I want to short it!"

"Moke is going to be planted this time!"

"MMP, I still have 100 shares of Mok Pharmaceuticals, what can I do?"

"Damn, I also have Mok's stock, and the short positions are all dog stuff. Mok must resist!"

"What's the hurry, I think it's just a short message now, I don't know if it's true, don't panic, don't panic, if I were you, I would definitely continue to increase the price of the stock of Mok Pharmaceuticals, if the price is low If you throw it away, you'll be fooled by the bears!"

"..."

In fact, shorting this thing is a trading and investment method that has been associated with the emergence of the capital market.

Investors generally succeed by shorting a company and making corresponding investment decisions.

Although the success of short sellers is inseparable from the conceit and stupidity of the iconic companies at the time, shorting has been closely related to the capital market after the world's first short-selling event occurred hundreds of years ago.

Therefore, everyone with a discerning eye knows that the reason why Eric exposed the financial fraud of Mok Pharmaceuticals is definitely not to be a messenger of justice, but to profit from it.

Since the first economic crisis in 1857, behind every economic crisis is actually a well-planned short-selling operation.

The economic crisis from 1929 to 1933, the Enron collapse in 2001, and the global financial crisis in 2008 all had a great relationship, or even a direct relationship, with the iconic companies at that time being shorted by short sellers.

Now that the stock market has developed to 2022, due to various reasons, the global economy is now weak, and many traditional companies are actually struggling.

Mok Pharmaceuticals is one of them. Although its revenue is good, with tens of billions of dollars a year and a huge volume, its asset-liability ratio is too high, and its profits are quite considerable. It feels like walking a tightrope.

Even if Eric didn't expose their financial fraud this time, there would definitely be problems later.