Chapter 609: Shocking news and financial fraud

Which one is better to spend money on world time management? 609. Shocking news and financial fraud. I saw a news titled "Wall Street's Most Ruthless Short'Needle' in the First Quarter of 2022-Smashing US$20.4 billion to Short Mork Pharmaceuticals."

Xue Zhenshi clicked in and took a look, then his ruddy and seductive lips lifted slightly.

"Luo Xu and those guys operated the'Needle Company' to short US$20.4 billion in Mork Pharmaceuticals' stocks. Tsk tsk, the handwriting is not small, but it is a pity that no one is optimistic about them, it is a pity..."

I have read many news reports in a row. Seeing the remarks above, I have almost the same opinion as my own. I am not optimistic about the short-selling behavior of'Needle Company' this time.

This made Xue Zhenshi firmer in his previous judgment.

shook his head, Xue Zhenshi turned his gaze from Merck Pharmaceuticals and ran to browse other U.S. stocks news.

ten minutes later.

When she was refreshing the webpage, she suddenly saw a news message that made her pupils bigger.

【Shocking news! The 500-billion-dollar pharmaceutical giant Merck Pharmaceuticals has been accused of financial fraud, far exceeding the Enron scandal, exceeding US$47 billion! 】

"This, this...Muck Pharmaceuticals actually falsified more than 47 billion U.S. dollars? How is this possible!"

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

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

[February 27, 2022, US time, three o'clock in the morning.

Eric and his team released a short-selling report against Merck Pharmaceuticals. The report is 178 pages long. The content directly points out that Merck Pharmaceuticals is suspected of large-scale financial fraud. The fraud has lasted for 12 years, and the amount of fraud has exceeded $47 billion...

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

Mock Pharmaceuticals, an American traditional medicine giant, its aristocratic ancestry can be traced back about one hundred and fifty years ago.

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

Each name makes it difficult for most companies to stand up to it.

However, the person who accuses Mork Pharmaceuticals of financial fraud is not unknown.

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

You need to know that the investigation of Kaidi is only the result of a small trial when Eric arrived and tried to decipher the investigation of financial fraud cases.

Eric now has a short-selling agency called Coyote under his hand. In the last ten years, he has successfully shorted more than a dozen companies, with a total profit of more than 5 billion U.S. dollars. The strength is far away. Win ten years ago!

When these two parties confront each other, is it the pharmaceutical giant's financial fraud to deceive investors, or the financial tycoon spreading false news in an attempt to make short profits?

let us all wait and see! 】

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

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

So, she ran to download and view the accusation report released by Eric.

The 178-page report. She read it for three hours and finally finished it.

Then he slumped in his seat, feeling unable to calm down for a long time: "If the content of this report is true, the stock price of Mok Pharmaceuticals must fall sharply, and the surnamed Chen and Luo Xu will be... a big profit! "

Thinking of telling Xue Qi not to go short the Mok Pharmaceutical Company with him before, Xue Zhenshi couldn't help but squeeze.

Then, some did not want to believe this fact.

Then, she shook her head frantically: "The news just came out, maybe, this report is false?"

Thinking like this, Xue Zhenshi got up and left the study, went to the bathroom a little irritably for half an hour, ate a Xingnao capsule, and then went back to the bedroom and fell asleep deeply.

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

Similar texts and videos appeared on    Douyin and Weibo.

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

"The 178-page report of Eric, the big bearer: Mork's fraud is more serious than Enron! 》

"Shock! The frenzied American pharmaceutical giant has $47 billion in financial fraud! 》

Because the current network is very developed, most investors in the world knew the news almost immediately, and they turned into melon-eaters.

try{mad1('gad2');}catch(ex){}   "What is the situation, the financial fraud is 47 billion US dollars?"

"It was bombed, and Mok Pharmaceuticals was sniped this time!"

"The news that I just saw yesterday, an organization in the United States shorted this company for more than 20 billion US dollars, and today it exposed financial fraud and conspiracy!"

"The conspiracy of the fart is to hold evidence of financial fraud, so I have to make it empty!"

"Mok will be planted this time!"

"MMP, I still have 100 lots of Mork Pharmaceuticals stock in my hand. What can I do?"

"Damn, I also have Mok's stock, and short positions are all dog stuff, Mok must stand up!"

"What's the hurry? I think it's just a short message. UU reading is true. I don't know yet. Don't panic. If I are you, I will definitely continue to increase the price. If the company’s stock is sold at a low price, it will be a bear!"

"..."

In fact, short selling is a kind of trading and investment method that has been associated with the emergence of the capital market.

Investors generally make corresponding investment decisions by shorting a certain company to achieve success.

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

Therefore, anyone with a discerning eye knows that the reason why Eric exposed the financial fraud of Mork 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 have a lot to do with the short sellers of iconic companies at that time, and even have a direct relationship.

Now that the stock market has developed to 2022, due to various reasons, the current global economy is weak, and many traditional companies are actually having a hard time.

Mock Pharmaceuticals is one of them. Although the revenue is good, tens of billions of dollars a year, and the volume is huge, the debt-to-asset ratio is too high, and the profit is considerable, which is a bit of a tightrope.

Even if Eric hadn't exposed their financial fraud this time, there would be problems later.
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