Spend money to play around the world

As for the non-refund of the deposit, it is the broker who broke the rules of the game, and the entire stock market will collapse, making it impossible to play at all.

It is basically impossible for such a situation to happen. After all, the brokerage has a large plate, countless stocks in hand, and assets reaching hundreds of billions of dollars, or even trillions of dollars.

Under normal circumstances, no brokerage will do such a stupid thing.

Of course, it is not ruled out that some brain-twitching brokerages will lose their minds and make troubles. Once this happens, just go to the court to sue the brokerage, and ask the brokerage to pay back the money and pay the loss.

Now that the ecology of the stock market is getting better and better, it is harder to break the rules of the game than to level New York.

Chen Fang stroked his chin, thinking secretly.

Based on last Friday's closing price of $203.5, 'Needle' was offered at $202 per share, an increase of $1.5 per share.

However, this increase is not large, not even 1%.

This time, the securities lending shorted Moke Pharmaceutical Company, using 3 times the leverage, and the forced liquidation line was above 23%, so it was not false at all.

Chen Fang asked: "How much money do you have available now?"

Luo Xu replied: "Currently, there are 64.5 billion U.S. dollars of funds for stock speculation through Sequoia, but the maximum operable funds in the two financings are still 129 billion U.S. dollars.

It's just that the brokerages on the US stock market feel that the current short-selling scale is large enough, and they will no longer open the short-selling business of Moke Pharmaceutical Company's stock.

So the money can't be used, so it can only be kept as a spare. "

Chen Fang nodded.

There are many restrictions on shorting, and it depends on whether the brokerage will give you the opportunity. If you don’t give the opportunity and don’t borrow securities, then no matter how much money you have, there is no way to sell short.

On the contrary, there are not so many restrictions on doing more.

In addition, it is worth mentioning that brokers who do not open self-operated trading generally do not lose money when they are short, they just earn interest money, because the opponent who is short is long, and once the short position makes a profit, it is the long position. money.

Luo Xu said with a smile: "However, Mr. Chen, the short-selling shares we have grabbed this time are quite a lot.

I thought it would be enough to grab a little over 180 billion US dollars, but I didn't expect that it has exceeded 200 billion US dollars now.

According to the current market situation, the total short-selling share of Moke Pharmaceutical Company is about 7.6%, exceeding US$380 billion.

And we made 204 billion US dollars, which is about 4% of the total market value, and the short market share has reached more than 52%. "

As he said that, Luo Xu thought of something, and said helplessly: "However, because of the large amount, many news media have focused on the 'needle company' report in the past two days.

For the convenience of operation, didn't I hold the post of CEO in nl company and 'needle company' respectively, they even dug out me. "

Chen Fang chuckled: "I've been following the news of Mok Pharmaceuticals for the past two days, and I've also seen the reports about the 'needle company' you mentioned."

Because the 'needle company' shorted the Mok Pharmaceutical Company this time, it was too big, and it made a short-selling transaction of 204 billion U.S. dollars. It's hard for needle companies not to be noticed.

At present, 'Needle Company' has been rated as the most ruthless short-seller on Wall Street in the first quarter of 2022 by many American media.

As the CEO of nl company and 'needle company', Luo Xu is still famous even if he is only a temporary person and not the first shareholder.

Luo Xu sighed: "Now we are being targeted and reported by many media. Although we are famous, the words of those media are not very friendly. Most of them are belittling and unfavorable. It should be led by many leaders, even Mo Ke. Pharmaceutical companies also got involved.

Moreover, Mr. Chen, after our large short-selling scale is exposed, it is very likely to cause counterattacks from retail investors and other investment institutions that are optimistic about Merck Pharmaceuticals.

Once the U.S. stock market opens tomorrow, they will forcibly raise the stock price of Merck Pharmaceuticals, which is not good news for us. "

Chen Fang smiled calmly: "Don't worry, they don't have a tomorrow. If there is no accident, we should see each other tonight."

Luo Xu's eyes lit up: "Mr. Chen, what do you mean...the opportunity is coming?"

Chen Fang nodded: "Yes, and, even if other institutions and retail investors forcibly raise the price of Moke Pharmaceutical Company tomorrow, but with such a big market, how much can they raise?

Our forced liquidation line is above 23%. Is it possible that they can directly pull it up to break through this line? "

Luo Xu smiled: "I'm afraid it will be very difficult. According to our observations, before Moke Pharmaceutical Company has no new major moves, it is difficult for the stock price to increase significantly temporarily. It is not easy to trade a 23% increase. It would cost tens of billions of dollars at least, but it’s impossible for someone to do it.”

……

the other side.

In New York, USA, it was two o'clock in the morning on February 2th.

The headquarters building of a short-seller called 'Coyote Research' was still brightly lit.

In a conference room where more than [-] people gathered, the light dispelled the darkness, and the room was as bright as day.

Eric, the CEO of Coyote Company, was sitting at the head of the conference room.

At this time, his eyes were burning like a torch, and after scanning around the people in the room, he asked the assistant next to him, "Is everyone here?"

608. Eric: There is a needle company here, so it's safe this time! (6 more monthly tickets)

"Boss, we're all here!" the assistant replied.

"Very good." Eric nodded, let the assistant sit down, and started today's meeting.

"Michael, tell me about the current short-selling situation." Eric looked at a black man next to him.

The black man named Michael glanced at the laptop in front of him, got up quickly, and reported:

"As of last Friday, before the market closed, our company had short-sold about 2300 million shares of Mok Pharma, with the highest price at $209.7 and the lowest price at $197.1.

The average price is 201 US dollars, and the short selling scale is about 46.5 billion US dollars. The closing price of Merck Pharmaceuticals last Friday was 203.5 US dollars.

At present, the company can still operate nearly 20 billion US dollars of funds to short the stock of Mok Pharmaceutical Company, but the brokerage has closed the company's short-selling business. "

Eric tapped on the table and said, "$46.5 billion, a little less than I expected... How is the 'needle company' doing?"

As an institution that also shorted Mok Pharmaceuticals, the 'Needle Company' has set off a short-selling wave on Wall Street in recent days, making it well-known to everyone on Wall Street, and Eric naturally knows the name of this company.

Michael replied: "According to the data disclosed by the ****, as of last Friday when the market was closed, their short selling scale was about 204 billion US dollars..."

Eric tutted: "US$204 billion... I thought that the scale of our short selling this time was already huge. I didn't expect that the 'Needle Company' was more ruthless than us."

A white man said, "Boss, I don't think it's a bad thing, although the 'needle company' did grab some of our shorting share.

However, having them at the front also saves us from a lot of pressure. Now the financial news media all over the United States are focusing on the 'needle company', making extreme criticism and comments on this company.

I think, if there is no such company, I am afraid that we will be under pressure now. "

A blond woman echoed: "John is right, but I think the existence of the 'needle company' is the greatest benefit to us, besides allowing us to bear a lot of pressure from the media and the public, it also helps us further It proves that the financial problems of Moke Pharmaceutical Company really exist!"

The white man named John nodded: "Yes, the 'Needle Company' dared to short 204 billion US dollars against Mok Pharmaceuticals at this time, which means that they, like us, must have some financial fraud of Mok Pharmaceuticals. evidence, otherwise I would not dare to spend such a huge amount of money!"

Eric took the words, nodded and said: "Jenny and John are right, the 'needle company' not only helped us share the pressure, but also waited to use it to indirectly tell us that they hold the key to the success of shorting Mok Pharmaceutical Company this time." !