[서울신문] Stocks instead of Xbox… 5000% profit for 10-year-olds [이슈픽]

Profit and save through game stop stock surge
“I gave a gift to educate myself on economic ideas, and it was a big hit”

Jayden, a 5th grade elementary school student in San Antonio, Texas, realized a margin of $3200 by disposing of $60 of Gamestop shares her mother handed out as a gift for Kwanza (a New Year's holiday festival enjoyed by African descendants in the United States) on the morning of the 27th (local time). Car is smiling wide as he lifts the stock certificate obtained on December 30, 2019.  Mother Nina Ka gives my San Antonio dot com capture

▲ A fifth grader of elementary school in San Antonio, Texas, who realized a $3200 margin by disposing of $60 of Gamestop shares, which his mother gave as a gift for Kwanza (African descendants in America), on the morning of the 27th (hereinafter local time). Jayden Carr is smiling as he listens to the stock certificate obtained on December 30, 2019.
Mother Nina Ka gives
My San Antonio.com capture

The stock price of the stock soared due to the’game stop turmoil,’ which shook the US stock market.

According to the New York Times (NYT) on the 31st, Nina Ka (31), a black woman living in the United States, is a gift to her son at “Kwanzaa,” an African American cultural festival in December 2019. We decided to give 10 shares of GameStop’s stock, which was won) dollars. This is because my son wanted to buy a game called’Xbox’ at GameStop.

This is because my husband, who was an army medic in 2014, passed away, and he thought that he should teach his son the idea of ​​economics. The eight-year-old son, Jay Dean, learned how to take a frame with the stock certificate instead of the expected video game and check the stock charts on a computer and cell phone.

Gamestop’s stocks surged recently as individual investors declared war with hedge funds that valued the company relatively undervalued and launched aggressive purchases. “Suddenly, several stock alerts popped up on my phone. When I checked, the stock price was up to $351. I bought it when it was $6, but I wondered if it could be like this.”

He called his son to discuss whether to sell the stock, and he also told him that “this is not normal.” Jay Dean decided to sell the stock for $3,200 (about 3.59 million won) and’benefit’ with a return of over 5000%. Of this, $1,000 will be invested in another stock Microsoft and Roblox, which is preparing an IPO, and the rest will be saved.

“It’s shocking and exciting,” said Carr. I found that long-term investment is very important. “I want to bridge the gap that exists in African-American society,” he said. “I hope more parents do this. I hope my son will be able to learn life lessons that I did not know.”

On the 28th (local time), pedestrians pass by the store of GameStop, a video distribution chain located near Union Square in Manhattan, New York City, USA. Online trading platforms, including Robin Hood, restricted the purchase of gamestops by individual investors on this day. GameStop, which surged 135% the day before, plunged 44% that day, directing the roller coaster stock price.
2021.1.29 Photo = AP Yonhap News” style=”padding:0px;margin:0px”>Gamestop directed by roller coaster in the'rebellion of the civilians' On the 28th (local time), pedestrians pass by the store of Gamestop, a video distribution chain located near Union Square in Manhattan, New York City, USA.  Online trading platforms, including Robin Hood, restricted the purchase of gamestops by individual investors on this day.  GameStop, which surged 135% the day before, plunged 44% that day, directing the roller coaster stock price.  2021.1.29 Photo = AP Yonhap News

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▲ A game stop directed by roller coaster Joo in’Rebellion of the Rebels’
On the 28th (local time), pedestrians pass by the store of GameStop, a video distribution chain located near Union Square in Manhattan, New York City, USA. Online trading platforms, including Robin Hood, restricted the purchase of gamestops by individual investors on this day. GameStop, which surged 135% the day before, plunged 44% that day, directing the roller coaster stock price.
2021.1.29 Photo = AP Yonhap News

‘Soaring’ game stop Seohak ant also realized profit

‘Seohak ants’ also started to realize profits by selling 60 billion won worth of GameStop shares.

According to the Securities Information Portal of the Korea Securities Depository on the 30th, the net sales settlement amount for GameStop through the Depository as of the 29th was $53.96 million (about 63.6 billion won).

Domestic investors bought and settled the stock for $42.86 million and sold for $96.68 million, resulting in a total settlement of $13.96 million. Recently, it surpassed Tesla ($12.86 million), an overseas stock most loved by domestic investors, and rose to the top of the daily payment amount.

From the beginning of the year to the 12th, GameStop stock price was only $17~19, but US private investors launched a full-fledged attack against institutions that sold GameStop on a large scale and started to soar from the 13th. In the case of domestic investors who bought before the 26th, it is estimated that they have gained considerable profits by selling on the 26th.

However, many American ants who led the stock price surge, led by the online community Reddit, made it difficult for the common people to suffer losses due to the 2008 global financial crisis, and they professed to’punish’ the Wall Street speculators who escaped through bailouts. It is pointed out that the game stop situation is moving away from general market transactions and needs more attention from domestic investors.

Reporter Kim Yoomin [email protected]

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