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Which is the best time management company for spending money to play around the world? 612. At five o'clock in the morning, the U.S. stock market finally closed.

Today's stock price of Mok Pharmaceuticals has been green all the way, and it has fallen a little. The retail investors who can't be stable and the bulls who have pulled too much leverage have suffered huge losses.

Only those who are stable and haven't opened and sold the stocks in their hands are still betting that Eric's report this time is false.

Once the bet is right, it will be all right when Mork Pharmaceuticals releases a clarification statement.

Even, some people are still seeking wealth and risk. Like the "Needle Head Company", they built a position at a low price and bought a lot of stocks.

In the end, today's closing price was $172.4, a one-day drop of 15.2%.

Created the largest single-day drop for Mok Pharmaceuticals since the 21st century.

The evaporation of market value has directly exceeded 78 billion US dollars.

It can be seen how severe the blow to the company's stock price when Eric exposed the financial fraud of Mok Pharmaceuticals.

"Did I really fail again this time?"

Xue Zhenshi sighed, her chest a little tight.

If I had known this was the case, at that time, Xue Qi should not have been prevented from shorting Mok Pharmaceuticals.

However, she still has a glimmer of hope in her heart. After all, Mok Pharmaceuticals has not issued a positive statement yet.

What if there is a turnaround in this matter?

To be honest, with such a thought, she knew that she was already a little stunned, and she was involved in this matter.

...

Turnaround, indeed.

Mok Pharmaceuticals is here.

After Eric's "Coyote" reported short-selling that they covered up the company's financial and operating problems with inaccurate and even fraudulent financial statements, chaos erupted inside the company.

Because, the company's CEO, Lawrence, suddenly lost contact in the past two days, the phone can't get through, and no one can be found.

The leaderless Mok Pharmaceutical Company doesn't know what to do.

It was not until after the U.S. stock market closed, at 6 p.m. Eastern Time, when people from Mok Pharmaceuticals found Lawrence and found that he was having a party with his five lovers in a villa with a sea view, and was having a good time.

Lawrence was a little embarrassed, but as the CEO of a $500 billion company, he quickly calmed down.

After getting dressed, ask what happened.

try{mad1('gad2');} catch(ex){} After the employee informed Lawrence of the situation, Lawrence immediately realized the seriousness of the matter and scolded the other high-level executives in the company as rice buckets. Could it be that he is not there, they can't Is the company running normally?

After returning to the company, Lawrence immediately called the company's top management to start a meeting.

After the meeting, Lawrence immediately had a headache, because the allegation report released by Eric was deviated from the real situation, but there was indeed a problem of financial fraud on the side of Mok Pharmaceuticals.

It's good now, people are not slandering, so what should I do?

Admit that the company's financial fraud?

No, no, this is absolutely impossible. Once admitted, Namok Pharmaceuticals will be finished.

So Lawrence held a press conference to respond to the matter.

He gritted his teeth and claimed that the report issued by Eric's Coyote Company was false, full of loopholes, and slander!

Even, in order to prove his innocence.

On March 1, after the U.S. stock market opened on Tuesday, Lawrence also bought $5 million worth of company stock from his own pocket when the stock price of Mok Pharmaceuticals plummeted.

Prove your confidence in the company to the outside world.

At the same time, Lawrence also contacted Andrew, CEO of Citron Research Institute, and asked him to help clarify.

Otherwise, because Andrew holds a lot of shares in Mok Pharmaceutical Company, once Mok Pharmaceutical Company is really found to be financially fraudulent, Andrew will also suffer heavy losses.

No way, Andrew could only issue a statement to the outside world through the Citron Research Institute:

"Mork Pharma's stock is the bedrock of the U.S. pharmaceutical industry, and the allegations made by Coyote are reckless, and the sources are incredibly credible."

Eric saw that the Citron Agency had spoken out, and immediately began to fight back, and also said: "This investigation against Mok Pharmaceuticals has been helped by honest people from Mok Pharmaceuticals, who is it, for his personal life. Safe, can not disclose.

However, the financial fraud of Mok Pharmaceuticals is indeed true, and we strongly request the relevant departments to review this company! "

Citron couldn't argue with this, but diverted the conversation, stating from that report: "Aggressive accounting and fraud are two different things. The SEC has allowed aggressive accounting for years, and it helps drive economic growth. .

And, if Mork Pharma was fraudulent, it was a massive conspiracy of thousands of accountants, auditors and divisional CFOs who had been working together in secret for the past 12 years.

try{mad1('gad2');} catch(ex){} This is absolutely impossible! "

Eric didn't say anything, just said: "It's useless to say too much. Let the relevant departments check to see if there is any problem, right?"

Citron also insisted on its own attitude: "We do not believe that Mok Pharmaceuticals will be financially fraudulent, so we will buy its shares to show support!"

At the same time, the heads of more than five hedge funds also voiced their support for Mork Pharmaceuticals and would buy the company's stock.

Under Lawrence's operation, many Wall Street institutions and bulls associated with Mork Pharmaceuticals have expressed their support for Mork Pharmaceuticals.

Especially for some longs who were long before, because the leverage was not low, they were afraid of instability, and they really exploded their positions. They directly started to open positions to buy the stock of Mok Pharmaceuticals, and forcibly traded up the stock price.

As a direct result of this behavior, on Tuesday, March 1, the stock price of Mork Pharmaceuticals rose by 5%.

On Wednesday, March 2, the stock price of Mork Pharmaceuticals rebounded 7%, and the stock price recovered to above $190.

On Chen Fang's side, seize the opportunity to let the "Needle Company" in the range of $185-$190 and start to sell its stocks like crazy.

Finally, before Wednesday's close, all 37 million shares in hand were sold at an average price of $187.6 per share.

After deducting interest and handling fees, a total of 6.94 billion US dollars was received, and after deducting the principal of 6.5 billion US dollars, a profit of 420 million US dollars was made.

Don't look at this amount of money is a single digit, it feels less.

You know, this is only two or three days, and it has made 420 million US dollars, which is already very strong.

Next, according to the K-line chart in the system, Chen Fang repeated two times to buy at a low price and sell at a higher price.

Earned $320 million and $170 million respectively.

Combined, the three buy-low-sell-high operations generated an additional $910 million in revenue.

With this operation, he cut a lot of leeks from the US stock market, especially those long-term institutions. He knew he was fooled, but he could only bite the bullet and be cut.

Now, it's just a bet that Mork Pharma's finances are fine.

However, it is a pity that the finances of Mok Pharmaceuticals are really problematic.

...