Spend Money to Play the World

Six hundred and thirteen, the total decline has exceeded 40%

Which is the best time management company for spending money to play around the world? 613. The total decline has exceeded 40% until March 15th.

After investigation by the relevant departments in the United States, it was found that Mok Pharmaceuticals did have the problem of financial fraud.

For a time, the stock price of Mok Pharmaceuticals could no longer resist, and the confidence of those bulls and other investors collapsed directly.

Headed by Andrew, the CEO of Citron, the shareholders who held a lot of equity in Mok Pharmaceuticals immediately turned their backs and directly started to sue Mok Pharmaceuticals, asking the company to compensate them for their losses.

Relevant departments in the United States also solemnly stated that they will deal with Mok Pharmaceuticals seriously and impose a fine.

Those investment institutions that originally wanted to raise prices and resist, began to sell their stocks one after another.

As a result, the stock price of Mok Pharmaceuticals began to rush down like a flood.

The closing price on March 14 was $178.

The closing price on March 15 fell to $120.

The one-day decline hit a record high, plummeting more than 32%.

Of course, according to the short selling situation of Chen Fang and others, the total price drop has reached 83.5 US dollars, and the total drop has reached 41%.

When it was still four or five in the afternoon in the US Eastern Time, it was already five or six in the morning on this side of Shanghai.

Jin Mao Building, the conference room of NL company is still brightly lit.

After hearing Long Yijun's exposure to today's battle situation, Zhao Hao shouted excitedly: "Damn it, the stock price has been hovering between $170 and $190 for the first half month, but I didn't expect it to plummet to $120 today!

The drop is more than 40%, Lao Chen, we made a profit this time! "

Chen Fang rubbed his ears: "Be quiet."

Zhao Hao sneered: "Hey, isn't this too happy!"

Luo Xu was also excited at the moment: "According to the news from my side, the stock price of Mok Pharmaceuticals collapsed, mainly because the investigation results of the relevant departments in the United States came out, and this company did have financial fraud.

After that, the shareholders jointly sued, and the relevant departments imposed fines. The confidence of other investors collapsed. Countless retail investors who could afford it could not be stabilized, and began to sell their stocks in a panic...

If nothing else, Mok Pharmaceuticals, this time is over!

Not only is the decline more than 40%, I predict that when we finally buy bonds and close our positions, the decline is likely to reach more than 80%! "

As soon as Luo Xu's words came out, except for Chen Fang, who was relatively calm, everyone else was boiling.

try{mad1('gad2');} catch(ex){} "80% drop?!!"

"Our short-selling scale is 20.4 billion US dollars. If the decline reaches 80% as Lao Luo said, it means that we can intercept a short-selling profit of 163.2 US dollars!"

Yao Fei pressed a calculator with trembling fingers, swallowed his saliva, and said, "In addition to the $910 million in short-term long positions a few days ago, the total income is $17.23 billion!"

"More than 17.2 billion US dollars in revenue? Damn it, my little heart can't stand it!"

"Wow, I don't know why, I suddenly want to cry."

"Aren't we too fierce?"

"It's not that we are fierce, but Mr. Chen is fierce, Mr. Chen is too NB!"

"Since I started investing in stocks with President Chen, I only realized how rubbish the investments I made in the past were, it was no different from playing a house with a child."

"Mr. Chen, why don't we get married, my sister is so cute, she will be 14 years old soon..." Zhou Zekai suddenly ran up to Chen Fang and said.

Chen Fang pushed him and said with a smile: "Go, I'm not very interested in minors, don't joke."

Zhou Zekai said: "Don't, I'm not kidding, I'm serious, my sister is really cute..."

Huang Xiaotian came over and patted Zhou Zekai and said with a smile, "Come on, old Zhou, don't use your sister here to tempt Boss Chen, if Boss Chen wants to pick up girls, let me know, and I can arrange dozens of them for him. Pretty girl, your sister is not competitive."

Zhou Zekai said dissatisfiedly: "You are going too far!"

Bei Yiming said, "As soon as you mentioned this, I remembered that Xue Qi's sister is very beautiful..."

Chen Fang thought of something, looked at Luo Xu and said, "By the way, President Luo, didn't you say that President Xue called you before and asked you about our investment direction at that time? Did you tell him the situation?"

Luo Xu nodded: "I talked to him, but I don't know if he has the courage. If he does, he should have made a lot of money now."

...

Everyone is talking about Xue Qi.

Xue Qi hadn't slept all night. Looking at the stock price of Mok Pharmaceutical Company, Xue Qi's eyes were slightly red, and his heart seemed to be dripping blood.

"I'm just a SB, why don't I listen to Lao Luo and go to Kongmok Pharmaceuticals? Why? Because... I have a problem with my brain, hahaha..."

Xue Qi cried and laughed.

In the Xue family villa, Xue Zhenshi also stayed up all night today.

try{mad1('gad2');} catch(ex){} Looking at the closing price of just $120, she sighed.

Although he is an outsider, his family has not lost money, but he stopped Xue Qi from investing twice in a row before, which is equivalent to pushing out the money he got, which is also equivalent to losing money.

Therefore, at this moment, Xue Zhenshi was both uncomfortable and regretful.

"I read the news earlier that Luo Xu and the surnamed Chen, the 'Needle Company' they controlled, shorted US$20.4 billion. According to the current decline, if they bought the coupons and closed their positions, they could directly get more than US$8 billion in short-selling income... …”

The income of more than 8 billion US dollars... Hehe, the assets of the entire Xue family add up to this amount of money.

As for Chen Fang and Luo Xu, starting from the end of November last year and now, in just three or four months, they have achieved such a scale of income, which is nothing short of a miracle.

"And... according to the current situation, the final decline of Mok Pharmaceuticals is obviously more than 40%. Maybe in the end, the decline can exceed 80%, so their short-selling income will be... More than 17 billion US dollars!"

Mumbling to this point, Xue Zhenshi gently squeezed her legs.

Even if she is a woman with a strong heart, even if she is called the goddess of the business world, she has always been the image of a cold, elegant and arrogant strong woman outside.

But after knowing that Chen Fang and others may gain more than 17 billion US dollars in profits from this short sale of Mok Pharmaceuticals.

No matter how proud she was, she couldn't help but feel envious.

At the same time, a deep sense of remorse lingered uncontrollably in his heart.

"If I had known this, I wouldn't have stopped Archie at that time, alas..."

Xue Zhenshi really regretted it now.

...

Xue Zhenshi, an outsider, knows that the 'Needle Company' made a lot of money in this short-selling strategy of Mok Pharmaceuticals.

Outside, Wall Street will naturally not ignore this matter.

Countless financial media, while reporting the tragic collapse of the market value of Mok Pharmaceuticals, boasted of the god-like short-selling operation of the "Needle Company".

And most of these media, before this, were actually not optimistic about the 'needle company'.

But now, they are directly blowing the 'needle company' into the sky.

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