Report me for selling fake medicine? Why are you crying when your illness relapses?

Chapter 608

……

"$30 billion, eight times leverage?"

“This should be the largest position shorting Pfizer, right?”

Luo Shiyun asked in surprise.

She had already guessed that Chen Xuan would short Pfizer.

But she didn't expect Chen Xuan to come up with 30 billion US dollars.

This $30 billion, plus an eight-fold leverage, is equivalent to leveraging $240 billion, and according to the exchange rate, it is more than 1700 RMB!

You should know that Pfizer's current market value is only 200 billion US dollars, and the short selling amount is equivalent to more than 10% of the market value, which is indeed an astonishingly large amount.

"Yeah, that's right, I'm the biggest short position."

"In fact, apart from me, there are no institutions shorting Pfizer. There are only some retail investors."

"In fact, my short position in Pfizer is currently the largest short position in the US stock market."

Chen Xuan directly affirmed this answer.

It is not only the largest short position in Pfizer, but also the largest short position in the entire U.S. stock market.

In the past, the largest positions in U.S. stocks were basically giants such as fruit and brakes.

However, there has been no news about these giants recently, which has led to less enthusiasm for short selling than usual.

Therefore, with $240 billion, he became the largest short-selling position in the U.S. stock market, which is also a very astonishing amount.

"Pfizer still has a market value of $200 billion."

"So how low do you think the market value can fall after this plunge?"

Luo Shiyun couldn't help but ask curiously.

Since Chen Xuan used such a large sum of money to short Pfizer.

So how much profit does he think he can get from this short selling?

"Conservative estimates suggest the market value will fall directly below $1500 billion."

"It's even possible that it could fall back to $1200 billion, which is a very high possibility."

Chen Xuan gave his analysis.

Before Pfizer acquired Elshere's cancer drug business, the stock price had already fallen to $1200 billion.

It is reasonable that Pfizer's stock price suddenly returned to its original market value after the failure of Elsheland's anti-cancer drug.

"I also think it's possible."

Luo Shiyun nodded in agreement. She also felt that this possibility was very high.

And if Pfizer's stock price really falls to this level, Chen Xuan will make a lot of money this time.

A short position of 30 billion US dollars, plus an eight-fold leverage, leveraged 240 billion US dollars. In the face of such a crash, it is easy to imagine how huge the profits would be.

Of course, the risk of doing so is also very high. Not everyone dares to leverage more than 1000 billion to short a stock.

Once you lose the bet, you will lose everything and tens of billions of dollars, and you may not have a chance to turn things around.

Fortunately, Chen Xuan is not only skilled and courageous, but also has great confidence.

The materials he has are enough to detonate Pfizer's stock price, and the possibility of short selling failure is infinitely close to zero.

Therefore, although the scale of this short selling is large, Luo Shiyun is not too worried.

"Okay, that's it for today."

"You can prepare to leave work and go back to rest early."

"Not only do you have to take your medicine on time, you also have to go to bed early and not stay up late anymore."

Just when Luo Shiyun wanted to talk about some work-related matters, Chen Xuan suddenly said this.

"Ok?"

"Starting now?"

"Why don't we start tomorrow? It's not even 4 o'clock yet."

Luo Shiyun was obviously a little slow to react.

"Your illness isn't going to start tomorrow."

"Besides, you've already worked more than four hours today. I'm lucky I didn't ask you to make it up tomorrow."

"Also, you can't handle any work after you go back. If I find out, hehe..."

Chen Xuan snorted coldly and threatened.

Luo Shiyun stuck out her tongue mischievously, then nodded obediently.

I feel both awkward and touched!

It turns out that Chen Xuan... still cares about me so much.

"But you work harder than me in doing experiments."

"If you ask me to do this, shouldn't you also limit yourself?"

Suddenly thinking of something, Luo Shiyun raised her head proudly and snorted.