A Returner’s Successful Investment Method - Chapter 616



Only Krnovel

Episode 616 NDY Investment (9)

The 10 stocks that were subject to NDY Investment’s stock price manipulation continued to plummet for four days, and only succeeded in rebounding on the fifth trading day.

There is one phenomenon that inevitably occurs in the Korean stock market at this time.

It is the ‘world’s best single hitting competition’.

When there were signs of a rebound after the plunge, individual investors rushed in, and trading volume exploded.

Senior Dongho was amazed to see the trading volume soaring like a pillar of fire.

“After all, we are a people of Danta. “We cannot tolerate a rebound after a plunge.”

“Hmm.”

If you look at the posts posted on the bulletin board, it’s a sight to behold.

-We have to go in now!

-If the valley is deep, the mountain is high.

-If I don’t go in on a day like today, when will I go in?

-Let’s go in~

-I ate 11% in the morning and now I’m eating -20% again.

-Don’t say that! If you fall, throw it away right away, and if it goes up, throw it right away! I have never held a stock for more than 10 minutes!

-ㅇㄱㄹㅇ If you don’t buy and sell more than 10 times within an hour, it’s not a short-term transaction.

-I’m hitting short strokes without even drinking water because I’m afraid I’ll have to go to the bathroom.

-The lower limit has been lifted, so let’s go to the upper limit!

“… … .”

What kind of place is the Korean stock market?

The trading volume on a day like this is such that not even Yusung Electronics can show off its business cards.

Many of the 10 stocks were listed in the trading volume rankings. This is ridiculous considering that most of them have a market cap of less than 1 trillion won.

Moreover, these stocks do not have a large volume in circulation to begin with.

Nevertheless, the reason why trading volume explodes like this is because people are buying and selling like crazy.

Rather than buying today and selling tomorrow, you buy and sell several times within an hour.

If you hold it for more than a day, you must have the mindset of a long-term investment to be eligible to participate in the ‘World’s Best Single Hit Competition’.

This incident clearly showed the extent of the backwardness of the Korean stock market.

A person who had already been sentenced to prison for stock price manipulation planned to manipulate stock prices again, and the financial authorities sat idle while the operation forces were active for over a year.

Securities companies did not issue sell opinions or caution reports even after seeing rising stock prices regardless of performance, and earned commissions by selling margin transactions and CFDs even though they were aware of the risks.

Finfluencers received money and prior information and excitedly recommended buying the stocks on SNS and ATube.

And individual investors just saw the stock price rise and jumped in without even looking into it properly.

While stock prices were soaring, major shareholders were excitedly selling off their stocks.

The chairman of Maerim Holdings was caught for selling a large amount of stocks in his own name, but major shareholders who sold stocks in the names of borrowers or relatives were not caught.

“Baek Sang-cheol was arrested this morning. How many years do you want to come out?”

“It will take about 5 or 10 years at most.”

Market manipulation, unregistered investment business, concealment of criminal proceeds, etc.

If the profit from unfair trade is more than 5 billion won, life imprisonment is possible and a fine of 3 to 5 times the profit of the crime can be imposed.

However, he did not earn a single penny from this work.

It’s a funny situation where the sentence is lowered because the stock price was manipulated but no profit was made.

“That’s really generous. “The punishment is like this, so the operational forces are making a fuss.”

“That’s right.”

“You were screaming that it was unfair while you were being arrested. “The investment was normal, and it was all because of Continue Capital.”

I chuckled.

In fact, this incident would have failed anyway even if I had not intervened.

As it was such a big issue, there were more than one person involved, and factions were divided within the operational forces.

As leverage is created through CFDs, the rate of return varies greatly depending on who sells first.

Therefore, everyone was only looking at the timing to throw stocks to maximize their profits.

In the first round, internal strife broke out and some factions threw out the stock, which led to counter-selling and a slump.

However, this time, Continue Capital struck the player, and everyone involved in the operation ended up sinking together, holding a large amount of stocks they had purchased.

Thanks to this, we made a lot of money.

We already had to invest $5 billion in Korean content production, but that’s a good thing.

Senior Dongho asked me.

“We’re having an all-staff dinner today. Are you going?”

“I have an appointment.”

* * *

I met Jiyu at Hangang Park.

I wore jeans and a hoodie, and like last time, I wore a hat and glasses.

There is definitely a big gap with how they look on stage. You wouldn’t expect him to be a celebrity.

Jiyu was not alone.

“Who is this guy?”

Jiyu proudly answered my question.

“This is Yomi. “Isn’t it cute?”

“cute.”

Jiyu said to me while holding the puppy.

“Don’t you look a bit like me?”

“is it?”

I think Jiyu is cuter than the dog.

We walked with the dog and talked.

“I didn’t know, but it was a really big deal. The news keeps saying that too. “There are many celebrities who have invested money.”

Fortunately, all other celebrities were buried thanks to Jung Chang-min.

Jiyu asked me.

“Did you really not know?”

“well.”

He probably thought he didn’t know, but didn’t he know deep down?

In the first place, this kind of profit and this kind of investment method itself make no sense.

Still, he had no doubts.

Because it continued to make a profit.

Jung Chang-min says that he is also a victim of losing money… … The operational forces also lost money.

“You won’t be punished, right?”

“Since I am not the instigator and did not receive financial benefit, I will not be punished.”

The problem is that this incident completely ruined the image.

Somehow, there are more articles about Jung Chang-min than Baek Sang-cheol, the main culprit.

“How are other celebrities reacting?”

“Everyone was surprised. I was also disappointed. He was a good senior… … .”

During his 27 years of activity, Jung Chang-min has never had an accident or caused any of the common personality controversies.

He never drank and drove, did drugs or committed assault, was kind to his fans, and was kind to those around him.

I remembered Jung Chang-min, whom I met in person a few days ago.

It would have been nice if I had mentioned it in advance… … It’s already late.

Besides, I trusted Baek Sang-cheol so much that I didn’t think he would listen even if I told him.

Jiyu said as if she was worried.

“Can you work again? I wish you would keep singing… … .”

“I guess I’ll have to sing a song.”

However, it will never be able to gain the same popularity again.

If you search for Jung Chang-min’s name on a portal right now, ‘stock price manipulation’ will immediately pop up as a related search term.

Massive loss-making has already begun in the industry.

The franchise that sold under his name changed its sign, and various products sold under his name also disappeared.

Another hit was CM8.

At a time when they were supposed to release a new song and promote, their activities also came to a halt.

I said to Jiu, who looked sad.

“It’s not your responsibility, so you don’t have to worry too much.”

“yes. all right.”

Still, I don’t think I’m in a good mood.

Jiyu sighed and said.

“If I had invested too, I would have been in big trouble.”

“I guess so.”

Even if you were deceived and simply invested, it would have been difficult to avoid a decline in your image.

This may raise suspicions that you may have received bribes by secretly receiving information.

It’s best not to get involved in such an incident at all.

Fortunately, the child was wise and did not fall for this nonsense.

Jiyu looked at me and said.

“It’s all thanks to what my senior said. “I received great help from my senior again.”

“huh? You weren’t going to do it anyway, right? “I don’t think I was very interested in it to begin with.”

“no. “I might have hoped that my senior wouldn’t recognize me.”

Jiyu bowed her head.

“Thank you, senior!”

“Uh, okay.”

There’s no need to tell me not to be thankful, right?

I told Jiyu.

“Are your preparations going well for entering the United States?”

“yes.”

After Seven Round Season 2 is released, JiU plans to move her activities to the United States.

No matter how much the Korean cultural industry has grown, the center of popular culture is the United States.

K-pop has become established as a genre, and it has become not that shocking for a Korean idol’s song to top the Billboard.

However, taking on the challenge of becoming a solo singer rather than an idol is not an easy choice.

JiU is a singer-songwriter and can speak English.

However, there is a good chance of success as your own music rather than K-pop.

“I don’t know if I can do it well.”

He is already a superstar in Korea, but succeeding in the American market is another matter.

Maybe it will fail… … .

“You’ll do well. “I will support you as a fan.”

Jiyu smiled brightly at my words.

“yes! “I will work hard.”

* * *

I met Heo Min-woong near the office and had a drink.

“Is work going well?”

“then. I’m so busy I’m dying. “These days, I go out and work even on weekends.”

“It’s good to be busy.”

After the Suez Canal blockage incident, ship safety and environmental regulations were strengthened, and work flowed into Korean shipyards.

Worries about restructuring are a thing of the past.

Orders are suddenly pouring in, and everyone is having a hard time due to lack of workers.

Heo Min-woong said while drinking.

“I did it again this time. Making money by stabbing the operational forces in the back. “How much did you earn?”

“Not much.”

“Not long. “Some people are working hard to earn that money.”

Heo Min-woong leaned forward.

“It seems like the Blue House looks at it poorly because of that.”

“why?”

“Why? Even after discovering the stock price manipulation, they short-sold it instead of reporting it right away. “While the government was being criticized for this incident, I was happily making money.”

“Hmm.”

It is the state’s job to capture operational forces.

I should be grateful if you found out and exposed it first. How can you say that you only did some short selling before that?

“Aren’t you worried?”

“Not really.”

Normally, from a businessperson’s perspective, hearing that he was chosen by the government should send a chill down his spine… … It didn’t even feel that way.

Heo Min-woong said as if he was jealous.

“Envy you. I’m paying close attention to the government. “I’m already worried that the new president will reduce hydrogen subsidies.”

It seems like he doesn’t just rush to the Blue House or a government event for no reason.

After all, corporate activities are bound to be affected by policies, taxes, and regulations. It would be a big problem if we were subject to a tax investigation or search and seizure.

But Continue Capital is different.

If it doesn’t work out, we can just close the Korean branch and move to the head office.

On my way back from drinking, I received a call from Allen Everhart.

“What happen?”

[We are planning to launch a spaceship this time.]

“is it so?”

Spaceship is a very large space launch vehicle developed by SpaceZ.

At 122 meters high and 9 meters wide, it is larger than any existing spacecraft.

As no country has ever launched such a large rocket, the world’s attention was focused on this launch.

[Why don’t you come take a look? I’ll also show you around the control room.]

As it is a historic moment, it would be nice to be there together.

I nodded.

“I’m going.”