One night dream
– What if 800,000 won collapses?
– ah! Dangerous. Who threw the stock?
– Should I sell it?
– But you don’t think it’ll come down easily? There is still a long way to go when you look at the short selling quantity.
– I don’t.
– I hold out. 100 million to go
– I sold it yesterday. I bought it for 560,000 and sold it for 830,000, so I’m satisfied.
– Should I sell too?
In the stock community, opinions were very tense due to the mass sell-off that occurred immediately after the market opened. However, he was not sure because there was still enough short selling volume.
– It’s dangerous if it’s 800,000 holes.
– Nope. It’s normal to have an adjustment around this time.
– uh? pierced
And finally, the 800,000 that had been waiting for it broke through, and it went down to 790,000 won. In an instant, a lot of waiting items poured out.
“You’ve been through a lot.”
When the stock price fell below 800,000 won, President Ryu Geun-ho, who thought that the trend had completely turned, smiled wildly and praised the secretary.
The stock price soon fell below 790,000 won, and the crowd was extremely happy.
“uh? Why are you here all of a sudden?”
However, as soon as it was about to break through the 770,000 won, purchases suddenly poured in from somewhere.
“What’s up? how!”
“There is a large buy order at 770,100 won. That’s 57 million shares. At this rate, it dries up quickly.”
The buy volume, which I don’t know when it appeared, was taking all the sell volume that was pouring down.
“What are you going to do?”
Again there is shouting. The golden opportunity to turn the situation around was disappearing like a bubble.
“You have to stop. If this is the case, we will be able to blow up the amount we have collected.”
This one only has 1 million shares. It is a huge amount of 1 trillion won in market value, but in the current situation, even more than that was not enough.
“What will you do? If you stop here, it will exceed 800,000 won again, right?”
“There is no way.”
In an instant, the situation turned around, and the president’s office became a mess.
For a while, the stock price competes fiercely at 780,000 won. However, the number of buyers was greater.
Soon after, the US side was forced to stop selling, and it starts to rebound.
Soon, it wanted to exceed 790,000 won, but the large amount of selling disappeared and the stock price began to soar.
* * *
“We will set the target price up to KRW 910,000.”
Joanna reported. Of course, it was Joanna’s team that raised the stock price, which had been falling sharply.
Since Daeyang Group had already predicted and prepared for a certain number of moves, it was able to react immediately when the opponent threw the stock.
However, it was allowed to drop to the 700,000 won level in order to give a signal to the market. It is a sign not to worry about going up the road even if you fall quite a bit.
As soon as the stock price, which had gone down to 780,000 won again, broke through 800,000 won again, the sell volume quickly disappears. The Daeyang Group seems to have retreated, thinking that there is no way to fight over quantity.
As the selling force disappears, the stock price begins to rise without hesitation. Now, the price has risen sharply above the previous day’s closing price. Then, the quantity put out to realize profit also starts to disappear quickly.
“It’s more terrifying than I thought. Only 1.2 million shares were signed. I don’t know how many of them will be on the ocean side, but it seems that at most 400,000 shares have ended. I should have waited a little longer.”
“What. That’s enough. There is nothing he can do anyway.”
“It does. Now we are going to recall.”
Without delay, Joanna proceeded with the next plan.
* * *
“Recall? a recall? now?”
“What are you talking about? Why the sudden recall?”
As the stock price rose rather than before it fell, the two brothers who could not overcome their anger ended up in a commotion and another bomb exploded in the quiet office of the president.
I thought it was quiet for a while after the previous recall request was over, but suddenly, recall requests came in from here and there again.
Moreover, it did not arrive sequentially like the last time, and a recall request came in for a significant portion of the remaining stock.
“They are all foreign funds.”
“Come here and tell me what to do! How do I return it now!”
“The National Pension Service has also asked if they can give it back even a little.”
“Aren’t you crazy? Why are you there again?”
“The stock price is too high, so we want to make a profit by selling even a small amount.”
“Who knows that? Why, at this point in time!”
“So, how much volume do you have to solve?”
Anyway, Ryu Geun-il managed to regain his reason and asked.
“So far, we have 4.24 million shares. More likely to come.”
“I will turn… … .”
“I have no choice. We cannot afford to buy any more.”
“Then what shall we do?”
“We have to give up the margin and declare the default for everything else and end it at this point.”
“It’s not going to end with a default declaration, is it? Did Daeyang Securities give a guarantee?”
“Daeyang Securities has no choice but to do so. It is best to ensure that the damage does not pass to other affiliates.”
Daeyang Electronics’ chief of staff calmly defined the reality.
“her… … haha… … .”
Ryu Geun-ho just smiled with an absurd face.
“By the way, I have ordered the US side to clean up for the past few days, so we can get some.”
“Hey, I’m going crazy… … .”
Looking at the two brothers’ bewildered expressions, the chief of staff began giving orders to the other secretaries.
* * *
[SPGR, a private equity firm in the United States, went bankrupt today after giving up on repayment on a recall request for short-selling borrowing. As a result, it is known that seven financial institutions have gone bankrupt due to the short sale of Daeyang Heavy Industries.]
[Foreign financial institutions, which started short selling last month at 40,000 won, suffered from a lack of funds as the stock price of Daeyang Heavy Industries jumped 20 times recently, and eventually went bankrupt after receiving a recall request.]
[As a result, Daeyang Securities, which has guaranteed the stock borrowed through short selling, is responsible for the remaining amount. Daeyang Securities is also known to have requested cooperation from the financial authorities due to lack of funds.]
For several days, news was reported that foreign private equity funds and hedge funds, such as short sellers, suffered huge losses in the Korean market and went bankrupt.
In the meantime, Yoanna made a profit by selling the shares she had in Daeyang Heavy Industries in accordance with the incoming purchase volume to repay the short selling recall.
And, seeing the pouring amount of purchases, other stock holders were also in a state of confusion for a while, making appropriate profits and selling them according to their own judgment, or even pursuing purchases because they thought it was an opportunity.
In the meantime, Eugene heard some unexpected news.
“It is said that Dae-woong Heo had a car accident in New York yesterday.”
It was a report from John Brennan, who was in charge of ABC, an economic intelligence-gathering agency.
“A car accident?”
Heo Dae-woong, the third son-in-law of the Chairman of the Daeyang Group and the president of Daeyang Corporation America, is the one who decided to cooperate with Eugene through David. The news of his car accident came as a surprise to Eugene as well.
“Are you sure it was an accident?”
Ask if you have any thoughts.
“yes. It is said that he was hurriedly running near his home and was hit by a bus.”
“So what is the situation now?”
“I was taken to the hospital, but it seems there is no hope. They said he was brain dead.”
“It’s a car accident for a decent person… … Isn’t it strange?”
“Even if it is not, the NYPD says it is investigating. However, there is a saying that there was a testimony that when Heo Dae-woong came out of his house, he was terrified of something. Anyway, as soon as the NYPD finds out, we’ll find out.”
“All right. Then, please find out more.”
As Eugene, there is no choice but to be concerned. Although he did not have great expectations for Heo Dae-woong’s cooperation, there was a concern that the contents of the exchange between him and David might not be known to the outside world.
I didn’t know anything else, but I wanted to know why I had to run to somewhere in fear and in a hurry.
But after several days, no great information came from the police.
In New York, he said, there are still not many vehicles equipped with a black box like Korea, so it is difficult to collect evidence.
John can’t do what the police can’t do.
no. On the contrary, the former CIA director may be able to find out more, but it doesn’t seem meaningful because there is no separate report, or even if he finds out otherwise, it doesn’t seem to have a big harvest.
So I thought that the work for Heo Dae-woong was passing.
That was until some time later, David got a very special call.
“Yes. This is David. Yeah? Who are you?”
David, who did not know who the owner of the voice coming from the other side of the receiver was, couldn’t help but be surprised when the other person revealed his name.
Because he was the one who thought he had no reason to call.
“Yes. you’re right. to New York? Okay. Then I will come and see you.”
After hanging up, David immediately called the boss.
“The woman called. The wife of the president of the Daeyang Group.”
“what brings you here? no. Why did you call David?”
“I don’t know. I’m thinking of getting on a plane to New York tomorrow. He asked me to visit once again because he wanted to stay at the Plaza Hotel again.”
“Is it because of him?”
Eugene remembered the son-in-law of the chairman of the Daeyang Group, who had fallen into a brain-death state in a car accident and eventually died. In fact, there was no reason to contact her other than that.
“Perhaps it is.”
David seems to have a similar idea.
“okay. Then let’s meet again.”
As for the exact purpose, she had no choice but to hear it through her mouth.
“hello. This is David.”
The wife of the Chairman of the Daeyang Group also rented the Plaza Hotel President Suite this time. And as David told me, he came to another suite just downstairs without an attendant.
“I’m not going to say it’s nice.”
The woman greeted David by bowing her head slightly with a slightly cold face.
“Sit down.”
“That is David. Did I mention that I am Kang Yu-jin’s agent?”
The woman opened her mouth as David sat on the sofa with permission.
“Rather than an agent, I am just an ordinary employee. ah! Of course, I have a little more authority than a regular employee.”
David said as he sat across from her.
“That’s Okay. I’m going to talk to that person, Yujin Kang, not you. Call me.”
She had been asking for it as if it were too natural.
“That would be difficult. The boss is very busy.”
“it’s okay. Because I have a lot of time.”
“You won’t have to wait any longer. If you have something to say, tell me.”
It’s not difficult to ask the boss as she asks, but David said adamantly that it was time to take control of the steamship.
Without knowing what she was going to say, she couldn’t be dragged away from the beginning.
For a while there was a snowball fight between the woman and David.
“President Huh died two days ago.”
After a while, the woman reluctantly opened her mouth.
“If you’re CEO Huh, are you talking about CEO of Daeyang Corporation America?”
“Don’t pretend you don’t know when you know.”
The woman looked at David with ferocious eyes and said.