Story of a Big Player from Gangnam - Chapter 818
Chapter 818: Rumors from Financial District (1) – Part 1
It was Friday.
Dyeon Korea’s stock price went up again, and it became 23,000 won. Gun-Ho stayed in his office in GH Building, Sinsa town most of the time trading stocks using Seung-Hee sister’s stock account all day long. Gun-Ho had purchased 215,000 shares at the average of 19,000 won. If he sold all of them at the current price, he would make 4.945 billion won. He initially spent 4.1 billion won to purchase those Dyeon Korea’s stock, so he would have made a profit of 845 million won within 2 weeks.
“I didn’t start this to make 845 million won.”
Gun-Ho wanted to raise the trading volume of Dyeon Korea’s stock, and he repeatedly purchased and sold the stock over and over again in an effort to increase the trading volume. Even when he threw 5,000 shares to sell to the stock market, the price didn’t decrease much because of the high trading volume.
“I’m going to buy the 5,000 shares back, that I just placed on the market to sell.”
Once Gun-Ho bought 5,000 shares, the stock price jumped up to 24,150 won at a breath. The stock market closed for the day after Dyeon Korea’s stock price increase of 4.7%.
“The trading volume looks perfect.”
Gun-Ho eventually had bloodshot eyes from fatigue after looking at the computer monitor all day long. He felt a minor pain with his eyes as well. He went to a drug store and bought eye drops and put them into his eyes. He felt mild fever as well.
“I guess I’ve been looking at the computer screen for too long concentrating intensively on trading stock. Well, it’s alright; it’s about money, isn’t it? I collapsed once when I invested in the stocks related to the Four Major Rivers Project. Speaking of which, I guess MB (Former President— Myung-Bak Lee) made me become rich. Hahaha.”
It was Saturday, but Gun-Ho didn’t go outside to have fun with his family as he usually had done, but he instead stayed home taking a rest. Young-Eun also told him that he seemed to be under a lot of stress lately, by looking at his eyes, and told him that he should stay home.
“Blurry eyes could be a sign of a problem with your liver. You should take a rest.”
Gun-Ho spent the entire weekend playing with Sang-Min at home.
When Gun-Ho was having fun with his baby boy while lying on the bed in his room, Young-Eun, who was watching his husband and son playing from the living room, laughed and said, “Haha. You two look so alike.”
Gun-Ho spent the entire Sunday playing with Sang-Min as well.
The boy’s baby teeth already came in, and they showed when Sang-Min laughed, and that made Gun-Ho relieve fatigue completely. Gun-Ho gave his son a bath for the first time that day. It was always Young-Eun who gave him a bath. Sang-Min didn’t stop crying while Gun-Ho was bathing him with soap, but once it was done, and once Gun-Ho placed him on the floor after drying him, he started rolling around happily and sucking on his toes. He looked like a puppy, Gun-Ho thought.
“Our baby is so pretty; don’t you think?”
“Yeah, he is certainly a pretty boy. Maybe that’s because he takes after his father.”
“Ha, I think he takes after me.”
Gun-Ho felt much better on Sunday. He seemed to recover his energy after spending two days at home with his baby boy. He slept with Young-Eun in the same bed on the weekend as well. They hadn’t shared the bed for a while before that day.
Gun-Ho said to Young-Eun, “Honey, I’m going to make a lot of money.”
“Money? You, Sang-Min, and I, we are happy with what we have. I think we are rich enough even now. I don’t want you to abuse yourself to make more money, oppa.”
“I want to make more money for Sang-Min. I don’t want him to experience what I had to experience as I grew up. I want to give him the best environment to grow up in. Poverty doesn’t only let you eat less or spend less, but it could damage your ego; people would look down on you, and you wouldn’t get the respect that you deserve if you are poor.”
“You look tame and soft most of the time, oppa, but sometimes I feel like you have some rage hidden inside you.”
“Society made me like that. I had a very hard life, hard enough to think of ending my life.”
“You have me and Sang-Min now. Stop thinking about the past and anything negative. You are scaring me sometimes.”
“I have to be strong and become a scary person even for you and Sang-Min to protect you from the harsh society.”
“I don’t want that.”
“Don’t worry about it. I will make you and Sang-Min have a happy life.”
Gun-Ho held Young-Eun in his arms and kissed her. Young-Eun closed her eyes and hugged Gun-Ho.
It was Monday.
Gun-Ho continuously worked on trading Dyeon Korea stock using Seung-Hee sister’s stock account. Whenever the stock manipulators placed a purchase order, he placed his purchase order as well. If they sold their stock, he sold his stock too. Gun-Ho successfully maintained Dyeon Korea’s stock price that day. When the stock market closed, the price was 24,150 won— the same as the price last Friday.
Once the regular-hour stock market closed, Gun-Ho kept trading Dyeon Korea stock in the after-hours trading. He eventually and successfully raised the price. The stock discussion forum talked vigorously about the recent unusual activities with Dyeon Korea’s stock.
“What’s the matter with Dyeon Korea stock? Its price unexpectedly increased.”
“Dyeon Korea has hit the bottom, and it’s on the way up now, I guess. We will finally see the shiny red thick stick on the Dyeon Korea’s stock chart tomorrow.”
“It looks like the stock trading club members joined us. It’s time to start picking up Dyeon Korea’s stock.”
Tuesday passed by, and it was Wednesday. When Dyeon Korea’s stock price increased to 26,000 won, the rumors from the financial district appeared.
[Dyeon Korea’s stock price has been dropping after it first appeared on the stock market as a public company. However, it seems that it just changed its direction upward. As a matter of fact, there was no reason why Dyeon Korea’s stock price had to drop anyway. The company has been doing great with a growth rate of 30% every year. Its subsidiary companies are all doing great as well. This company definitely has potential and the expectation on this company is high.]
[Dyeon Korea is partnered with the global enterprise— Lymodell Dyeon, and it has the exclusive right to sell in the entire Asia Market. Many institutional investors already grasped the fact and its potential, and they are showing great interest in accumulating the stock.]
Gun-Ho received a call from the stock brokerage firm’s branch manager in Gangnam District.
“We issued a press release today to economic newspapers. Our firm usually selects three strong companies that we recommend to make an investment, and we included Dyeon Korea to the list this time. I also implied why we included Dyeon Korea as well.”
“Are you saying that you played a part in creating rumors coming from the financial district?”
“Haha. No, sir, I’m not participating in creating rumors at all. It was an official statement from our company as a stock brokerage firm for members of the news media. We didn’t say anything that is not true. It’s certainly not a rumor.”
“Well, I guess I can expect to see a price increase with Dyeon Korea’s stock tomorrow.”
“That… we will have to see. Even though we would see an increase in price tomorrow morning, if the stock manipulators threw a substantial amount of shares to the stock market to sell, the price could decrease again showing a blue light. That’s how the stock market works anyway. However, in the long-term, Dyeon Korea’s stock price will increase because the company is actually doing great.”
“Thank you.”
Gun-Ho spoke on the phone with the branch manager as if he took no part in the recent changes with Dyeon Korea’s stock price.
He thought, ‘I’ve been monitoring Dyeon Korea stock for the past three weeks. The stock manipulators haven’t shaken off as hard as they wanted to yet. They tried to decrease the price, but they couldn’t achieve their goal because I accumulated the stock. I’m pretty certain that the price will go up even higher soon.’
