Will you throw all the stocks and fall before eating the opposite trade at the lower limit? Or will you hold out until the end, waiting for the outcome of the negotiations to come out?
Our choice here is the latter, in the vulgar language, ‘Jonber’.
I decided to believe my memory that North Korea agreed to the negotiations until the end.
As the opening time approaches, the density of tension increases in the hospital room.
I closed my eyes and took a deep breath. It was a habit to relieve my own tension. In the meantime, Park Tae-sik was shaking his legs like crazy next to him.
Click.
In the end, it was 9:00 with no news that the negotiations had progressed.
The stock price, which has been stagnant over the weekend, jumps out as soon as the market opens.
“uh?”
However, the direction of the stock price is not the downward direction expected.
At the beginning of the market, I thought the forces were playing a joke, but it was not, but money was pouring like crazy into the South-North Economic Cooperation.
‘what? There must be no new news about North Korea.’
I was perplexed and went through the portal’s breaking news menu. However, there was no news of negotiations with North Korea anywhere.
“Woohyuk, why is the stock price rising?”
“I don’t know.”
“Great. I don’t understand.”
Whatever the reason, the stock price went up. We let out a sigh of relief, but on the other hand, we couldn’t let go of the tension.
Then Park Tae-sik said.
“Are you going to throw it all away now?”
“If you want to fall out, fall out. Because I intend to endure more.”
“what? Are you crazy?”
Park Tae-sik frowned to mean that he couldn’t understand.
“Think carefully. The good news hasn’t even exploded yet, but it’s risen by over 10%. What will happen if the inter-Korean agreement is announced here?”
“It’s an agreement and it’s nabal, do you think you can hold on even after going through so much trouble yesterday? You’re a real bad guy too.”
“Originally, you have to be poisoned to make money.”
To be honest, I thought about holding on because I was sure that North Korea would agree, and if I were Park Tae-sik, I would have already given up everything.
“Anyway, let’s start by looking at why stock prices rose today. That way, you can refer to it when making your next move.”
* * *
We searched the internet all morning.
This time, not only domestic but also foreign news articles meticulously looked at the related information as if it were a catch.
Then Park Tae-shik happened to see a stock discussion forum on a portal, and in the comments there, he found a clue to the rise in stock prices.
– The stock price is going up. Is it rebounding again?
– It’s not yet at the stage of being relieved.
-The inter-Korean economic cooperation has already flowed. I’m going to the front high point today. Hold tight.
-Why is the stock price going up today? Just watching the news makes it feel like there’s going to be a war right now.
-Will there be a war?
-Because Jeong-eun is a coward, she can never go to war. Hurry up and steal the Bangsanju and ride the Inter-Korean Economic Cooperationjuju.
South Korean investors had grown accustomed to the nuisance of North Korea and were now at a level where they would not blink an eye at the slightest provocation.
So, even in this situation, there were very few people who were worried that a war would break out, and most of the investors flocked to the inter-Korean economic cooperation stocks to take advantage of the rebound.
[The time is approaching when the South Korean puppet military thugs, who feared to carry their American masters on their backs, would be subjected to a terrifying barrage of punishment.]
In the afternoon, North Korea’s Chosun Central News Agency released a statement of criticism.
The message contained many radical words suggesting war, but the market impact was minimal.
Investors now knew.
That North Korea’s threat is like the barking of a frightened dog.
* * *
“Great, great! Great news!”
Park Tae-sik, who was monitoring the market price, approaches while jumping up and down.
“saw?”
“What did you see?”
“Look at the stock price of Daejeon Line! It’s a mess right now!”
Daejeon line.
It was one of the stocks we focused on buying because it was an affiliate of a large conglomerate and even had the Mt. Kumgang tourism business.
“Up to 22%… … no. rise again! 25%, 26%! crazy! Are stock prices still going up?”
While we watched, the stock price of Daehyun Line continued to rise and break through the upper limit.
“Woohyuk-ah, let’s throw it all away! If you sell now, you eat 30%!”
“Hey, wait a minute. The results of the negotiations have not come out yet.”
“Are you going to put up with this huge and beautiful pillar of fire? I can not. I will throw it now.”
On this day, Park Tae-sik sold half of the stocks in Daehyun Ship.
As soon as the stock was shaken off, the guy’s calm smile didn’t leave, as if it was time for wise men.
However, that smile changes to a look full of regret from the very next day.
[Breaking news, dramatic conclusion of high-level talks between the two Koreas!]
[At 12:00 noon, our side stopped broadcasting through loudspeakers to North Korea, and the North lifted the state of quasi-war]
[‘Resolving the North Risk’ stock market rebounded sharply… … KOSDAQ 5% surge]
* * *
Tuesday, August 25th.
As the risk of war disappeared, the domestic stock market soared at an alarming rate.
Of course, at the center of this upward trend was the inter-Korean economic cooperation stocks we bought.
Inter-Korean economic cooperative stocks rose by an average of more than 13% today alone, and the market closed with an additional 7% rise in Daesang Line, which hit the upper limit yesterday.
Looking at today’s mood, it seemed as though the inter-Korean economic cooperation could only continue to rise in the future.
But I didn’t get greedy anymore, and sold all the stocks I was holding before the close of the market.
—-
Today’s purchase amount 0
Today’s sales amount 3,068,333,696 won
… …
Total profit and loss KRW 846,513,496
Total Profit Margin +38.1%
—-
In less than a week, the stock account exceeded 3 billion won.
Even if I shake off 1.5 billion won of stock loan here, half of the money, 1.5 billion won, will remain in my account.
1.5 billion won in cash.
The original amount I was holding was 40 million won, so it has multiplied 37 times.
Strictly speaking, some of the bank loans had to be deducted here, but it was undeniably an amazing achievement.
After the market was closed, we headed to a Korean beef roast house near the hospital to have a self-congratulatory party.
Park Tae-sik ate meat like someone who had starved for several days, but strangely, his words never stopped.
“I must have been insane yesterday. Why did you sell the good stock? Half of that!”
“Tsk. Even though I said so.”
“Ah-oh. Seed… … If I listened to you and stayed until today, how much money would it be?”
The guy stuffs three or four pieces of Korean beef into his mouth, probably trying to soothe his disappointment with meat.
“Taesik, so how much did you eat?”
“me? It looks like the second plate now.”
“No meat. I asked how much money I made from this case.”
“A little over 400 million. If I hadn’t thrown it yesterday, it would have been 500 million.”
I have 1.3 billion and Park Tae-shik has 400 million. Combined, the two earned about 1.7 billion won.
If it was the same in the past, the number of 1.7 billion would have made my mouth go wide, but now the thought of regret takes precedence.
‘The opponent I have to fight is the one who can eat 180 billion won and sleep until the trial results. Fighting with this much money is like hitting a rock with an egg.’
More money was needed. Beyond a moderately high level, overwhelming enough money to press down with the power of money.
After taking a break, I confess to Park Tae-sik what I was thinking.
“What if there is a place to invest in the future? Are you thinking of continuing to invest?”
“Thank you for putting me in. if… … .”
Park Tae-shik looked around for no reason and lowered his voice.
“Have you had any dreams lately?”
“No, it’s not like that, but I wanted to prepare in advance. If you are going to invest professionally, a corporation is better.”
“How about overseas subsidiaries? If you look closely, you can reduce taxes, and it will be advantageous for short selling or derivatives investment.”
Nice idea, but I shook my head right away.
“I plan to refrain from investing in stocks or derivatives for the time being.”
“why? If you use your skills in derivatives, you will make a huge profit?”
“Did you forget how your weekend was?”
When the word weekend comes out, Park Tae-sik’s face instantly turns to earthy color. It was natural for him to react like that, as he was driven almost to the brink of bankruptcy due to the North Korean case.
“We expected the outcome of the meeting to come out over the weekend, but how did it actually turn out?”
“It was delayed by two days.”
“So, this time I was lucky. If we had hit the lower limit on Monday, our account would have been tinned by now.”
I know the future, but it is only an extremely fragmented memory.
The date or time could be wrong, the place could be confused, and the worst case was that the memory itself was an illusion.
Relying on such uncertain information to repeat short-term investments was too risky.
“If not in stocks or derivatives, where do you intend to invest in the future?”
“I have a lot in mind. There is also a cryptocurrency side.”
“Virtual currency?”
Three or four question marks appear above Park Tae-shik’s head. It looked like he didn’t know what I was talking about.
From noble mtl dot com
“Virtual currency, as the name suggests, is a currency that exists in virtual space. Transactions are easy because there is no real thing, and the expectation of value increase is high, so it is attractive as an investment product.”
“If there is no real thing, is it like an acorn from Cy Club?”
“It’s almost the same. The difference is that it can be traded in real time like stocks, can be cashed out, and security is tight.”
“It’s closer to Aden, the game currency, than acorns.”
“That’s how it is.”
It is not known when stocks and derivatives will rise, which stocks, and by how much, but virtual currencies were different.
That the value will skyrocket like crazy in the future.
Even if you only knew this factor, it was possible to invest more stably than stocks and derivatives.
“that… … Did you say Acorn, or Aden?”
“Virtual currency.”
“Yes, cryptocurrency. I know roughly how he feels. But how do you make money from it?”
“It will go up in value like stocks or gold.”
“Ah, if the price of cyber money goes up, how much do you say it will go up?”
At that time, I also thought cryptocurrency was funny. Money without real objects is just a piece of data.
But the results went the exact opposite way.
“If left alone, it will rise over 100 times.”
“Nonsense!”
“You said the same thing when I talked about attending the presidential parade. Didn’t you say that there would be no such thing as two sides of the sky?”
“that… … Umm… … .”
For your information, it was officially announced this morning that the president will attend the Chinese military fever ceremony as a breaking news.
“It’s not like we’re going to be together this time. If you don’t believe me, just help me.”
“No, I believe. Even if I doubted once, I must believe the second time unconditionally. I truly believe in it.”
Park Tae-sik repeated the words of his belief several times as if he had promised himself.
“What can I help you with?”
“First, let’s start with establishing a corporation. It would be nice if you also recognized the overseas corporation you mentioned earlier.”
“okay. I’ll do it right away tomorrow.”
“Call me if you have any questions along the way.”
I slap Park Tae-shik on the shoulder and get up from my seat.
“Are you going already?”
“There is something I must go to today.”
Don’t forget to bring your shopping bag. Inside it was a bunch of 50,000 won bills.