Input 2021.01.22 14:20 | Revision 2021.01.22 14:50
Concerns about loss of individual investors increased due to rapid changes in domestic corporate stock prices
On the 4th, which was the first trading day of this year, investor A paid 480,000 won per share. Green Cross (006280)You bought 100 stocks. From December 29, last year, as a story that a domestic pharmaceutical company that consigned production and supply of the corona vaccine of the US pharmaceutical company Modena will become the Green Cross, Green Cross stocks soared, and Mr. A believed in this story and invested.
At the time, the stock price of Green Cross started trading at 421,000 won, and the stock price continued to fluctuate. Go out Hanmi Pharmaceutical (128940)As the talk of contracting with other pharmaceutical companies such as, etc., the stock price, which had surged, turned back to a sharp decline. Green Cross stock prices moved between the lowest 405,000 won and the highest 500,000 won during the market. The closing price was 475,000 won. However, as of the 22nd, it is not known where Modena will manufacture and supply vaccines.
When the stock price suddenly fell, Mr. A sold the entire purchase for 447,000 won. He suspected, “I only believed in the mode or news and went in and robbed me.” The word’gull away’ is a slang term used among investors, meaning that the forces that move the stock price induce a sudden change in stock price so that individual investors cannot access it.
According to the financial investment industry on the 22nd, the situation in which the stock price fluctuates from the end of last year to the present due to unconfirmed rumors continues, crossing industries and stocks. The stock price fluctuates tens of percent every day. There are also cases of damage from individual investors.
Experts advise that it is time for investors to act cautiously, saying that this situation will continue in the future as the stock price moves significantly even with unverified rumors because the stock market is in an excess of liquidity.
The stock price of Genie Music exploded as the story of Tesla, an electric car company in the United States, will install KT’s voice recognition artificial intelligence (AI) service on its electric car and use Genie Music’s music content.
The stock price rose from 3675 won (based on the closing price) on the 11th to 5050 won on the 14th, three days later, and to 5770 won on the 15th. During the week, it exceeded 6,000 won. In terms of closing price, the stock price rose by 2095 won (57.0%) after 4 trading days. On the 18th, when Tesla Korea, the Korean branch of Tesla, announced that it was “unworked,” the stock price fell again and closed at 4990 won on the 21st.
The official announcement that Apple is going to manufacture electric vehicles (Apple cars) was also an opportunity to greatly expand the volatility of the stock prices of major domestic stocks.
LG Electronics (066570)Decided to establish a joint venture with Magna International, a global auto parts maker, and a company that makes electric vehicle powertrains (powertrains), which surged from the end of last year to the beginning of the year when it was said that the company would provide parts for Apple cars. The stock price was 112,000 won on December 24 last year, and 142,000 won on January 4 this year.
Hyundai Motor (005380)Wow Kia Motors (000270)It also jumped as there was an expectation that it would cooperate in manufacturing Apple cars. Hyundai Motor Company rose from 203,000 won on the 6th to 265,500 won on the 11th, three trading days later. Kia Motors rose from 62,200 won on the 6th to 91,100 won on the 21st. As in the case of Modena and Green Cross, it has not been decided where parts will be supplied by Apple cars and which automakers will cooperate with them.
An official from the financial investment industry said, “If the market is good, there is a tendency to buy stocks without even checking them, but there are too many unconfirmed stories by exploiting this point.” If it happens, the stock price will plunge again after false information is confirmed, and investors will have to suffer tremendous damage in the process.”
Eui-jeong Eui-jung, chairman of the Korea Stock Investors Association, said, “Investors who are intensively buying stocks, such as institutions and foreigners, are not 100% sure, but they may think that there is a certain possibility of good profits, but the individual buying tax alone will raise the ceiling. The stocks may have the power to raise the stock price, so you need to be particularly careful.”
“There is already a story in the financial investment industry that some of the gambling funds, such as racing and horse racing, enter the stock market and are linked with stock price manipulation forces to control the stock price with false information,” said Kim Yong-tae, managing director of Galaxy Asset Management. “The floating funds in the market looking for profits) are never long-term investment funds, so there is a possibility that dear individual investors will lose money (if you invest only with false information).”