Spend Money to Play the World

Chapter 627 The Biggest Winner

Long Yijun finished today's opening.

There was a lively discussion in the conference room.

"Tsk tsk, fell so much again."

"The $500 billion market cap is now less than $50 billion."

"How long has it been? It didn't even take a month, and it fell like this."

"Hey, Mok Pharmaceutical Co. fell to the ground, but we made a lot of money."

"Mr. Chen NB!" Yao Fei suddenly roared at this time.

Since a month ago, Yao Fei, the rich second generation who had not participated in the operation before, have been running to the Jin Mao Building almost every day.

Could it be that the drop in the share price of Mok Pharmaceuticals makes them feel extremely happy, more comfortable than soaking 100 girls.

Chen Fang pointed to Yao Fei with a smile on his face. He glanced at the K-line chart on the screen and couldn't help but feel a little emotional.

Luo Xu said to Chen Fang at this time: "Mr. Chen, the market value of Mok Pharmaceuticals has fallen so severely, if nothing else, its various businesses will be greatly affected.

The decline in revenue is a 100% matter. If it is not handled properly, the capital chain will be broken, and its subsidiaries will be reselling.

If selling the company can't make up the funding gap, it can only file for bankruptcy and reorganization.

However, I think Mok Pharmaceuticals should not reach the step of bankruptcy and reorganization. Perhaps, in a few days, it will reach the limit down. "

Chen Fang nodded.

Luo Xu went on to say: "My suggestion is that we have made enough money at the moment, and it is not interesting to plan for a decline of less than 10%. It is better to buy coupons now to close the position and withdraw the money in time. , in case there are too many dreams at night, what do you think?"

Chen Fang smiled and said, "I'm here today just to talk about this. Let's buy and close the position around $15. Anyway, the lower the price, the better. You guys can watch the operation."

So, Luo Xu arranged for the people from the Needle Company to quickly buy coupons to close their positions.

Now that the share price of Mok Pharmaceuticals has fallen to this point, many investors who had hoped for this company before have given up.

Therefore, starting from a few days ago, many people who have stocks in this company are actively selling.

It's a pity that no one dared to take it, and it fell into his hands, and he couldn't throw it away.

Therefore, in order to stop losses, they can only continue to lower the price to sell.

So, if you open a position to buy,

The trading volume will be very large, with a conservative estimate of 500 million shares traded.

The number of short-selling shares of 'Needle Company' was 101 million shares before. When the stock price fell to $15, 101 million shares were bought in less than four hours.

It only cost 1.515 billion US dollars to close the previously short position of 20.4 billion US dollars!

When the 'Needle Company' completed this move, the reporters on the Wall Street were closely watching the 'Needle Company'. After capturing the situation, they immediately passed the news back to the company.

There is no suspense. The media in the United States began to report frantically about the short selling of the 'Needle Company' this time.

"Short $20.4 billion, close $1.5 billion! This year's biggest short - Needle Company! 》

"Even God was shocked! Needle Company successfully closed its position with a profit of $18.9 billion! ! ! 》

"One of the most successful short-selling operations in the 21st century, targeting Mok, achieved a profit of more than 18 billion US dollars! 》

"The mysterious big short from the East - Luo Xu, teach you how to make 18.9 billion US dollars in three months! 》

This time, the experience of Mok Pharmaceuticals is tragic, but it is also their own fault. They can only blame themselves, financial fraud, and no one else can blame.

The 'Needle Company' became the biggest winner in this storm.

As the CEO of Luo Xu, his name is undoubtedly remembered by many financial giants on Wall Street, and can even be engraved into the textbook of the short-selling history of US stocks.

And the culprit who set off this storm was naturally the Coyote Company and its leader, Eric.

Although, Eric was a little surprised at the beginning why the "Needle Company" did not speak up to support himself some time ago.

But then he thought about it himself, and the 'Needle Company' side should be working secretly.

Otherwise, Mork Pharma's stock price wouldn't have collapsed so much.

His previous estimate was for a 50% drop, but now, it has dropped by more than 90%.

Eric's own company also intercepted more than $4 billion in profits by shorting $4.65 billion.

This sum is directly approaching all short-selling profits in the past ten years!

As a result, Eric exclaimed excitedly in front of all the employees: "The Needle Company has really helped us a lot this time. Without them, we wouldn't be able to make so much money!"

Compared to Eric, Chen Fang and the others in Shanghai were also filled with happy smiles at this moment.

Because they have already closed the position, and in a few minutes, they have also completed the interest delivery with the brokerage and Sequoia Company, and got back the margin they had invested in the stock market.

At this time, the US stock market has not yet closed, but the battle belonging to Chen Fang and others has ended.

At four o'clock in the morning, everyone was still full of energy, and all the people in the conference room were sitting upright, waiting for Chen Fang to speak.

Chen Fang sat on the main seat, said a few words casually, and then said to Luo Xu, "Mr. Luo, you can start."

Luo Xu nodded, held his head high, glanced at the document in his hand, and smiled: "Everyone, I have already received the final income from this short sale, presumably, you can't wait to find out, right?

In this short sale, our principal amounted to US$11.3 billion, making US$20.4 billion. The final liquidation line was US$1.515 billion. The short-selling profit was US$18.885 billion. The interest of Sequoia and the brokerage totaled US$600 million. come out.

In other words, our profit from short selling this time reached $18.2 billion, or $18.25 billion to be exact! "

Although we already knew this was the result, when Luo Xu said it, everyone was still very excited.

Luo Xu continued: "However, the US$18.25 billion is only the profit from this short sale. In the process of shorting, Mr. Chen led us to conduct four precise long operations, which brought us a total of US$910 million in revenue. .

Combined, within two or three months of the first quarter of this year, we achieved a total profit of $19.16 billion!

In addition to the profit of 8.96 billion U.S. dollars from long positions last year, under the leadership of President Chen, we have achieved a total of... 28.12 billion U.S. dollars of investment income.

Of course, after deducting some of the additional expenses of the NL company and the "Needle Company" in the United States, the actual pre-tax investment income is 27.7 billion US dollars! "

In the conference room, Zhao Hao couldn't help it for the first time, and he laughed loudly: "Damn, I don't know, I was shocked. The investment income of 27.7 billion US dollars is converted into RMB according to the current exchange rate of 6.5. Exactly 180 billion!

180 billion RMB, my people are directly inflated, Lao Chen, I really love you to death, hahaha..."

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