Heaven's Secrets Leaked
Heaven's secrets leaked.
Sonik-jwa's bombshell remark.
It was only a matter of time before it spread among the shareholders of Osung Electronics.
And of course they were sensitive about it.
Osung Electronics was the single most beloved stock among retail investors in all of Korea.
If you're the Gambling King then just go gamble already
Know your place, tsk tsk
The average age of the shareholders ran on the high side.
And they had been placing their absolute trust in the company for years.
This was not some biased faith held by a handful of investors.
These were highly credible assessments issued by the world's three major credit rating agencies.
Creditworthiness on par with most nation-states.
Specifically higher than Japan's.
The probability of this company going under was, for all practical purposes, zero.
No matter how hard a nobody like you barks, Osung Electronics isn't going under!
As a result, the buy-in amounts were enormous.
Not just a few bucks—there were people pouring in their entire net worth.
And now someone had dared to badmouth that Osung Electronics.
No wonder the shareholders' eyes were spinning in their sockets.
But this friend only knows half the story
In the meantime Osung Electronics sales grew 20% and operating profit doubled
So of course the stock price should have doubled too, right?
And now it's on track for record-high earnings again?
Once I've explained this much, even an elementary schooler can figure out where the stock is headed ^^
At first they laughed it off.
No, that couldn't be right.
This was the era when even 50k Electronics had looked cheap.
The bear market dragged on.
The stock price kept falling and falling.
Once it broke through the mid-40,000 range, different thoughts began to take root.
I don't really know much about this stuff, so
Is that actually why it's going down?
If it drops any further I'm going to be in real trouble because of my jeonse deposit
But loyalty still came first.
Especially for the older generation, Osung Electronics was a special company.
Number one in semiconductor exports.
It was no exaggeration to say the company had played a decisive role in elevating the Republic of Korea into the ranks of advanced nations.
If you've been using your phone for two years or more, you must buy!
If you haven't hit two years yet, contribute to sales as your conscience allows
If you're an Osung Electronics shareholder you already know you have to buy one, right?
That was also why the older folks favored Osung Electronics products.
The performance was excellent, but there was a patriotic dimension as well.
That same inclination carried over when they bought the stock.
Just seeing the name Osung Electronics made them want to buy it.
Those are the exact words of Teacher Yeom Yu-an himself
Think of it as investing in Korea's future, keep buying little by little, and someday you'll see the light~
The analysts knew exactly how to stoke that psychology.
Toss in a few words that pumped the national pride and the older folks fell for it effortlessly.
The controversy Sonik-jwa had ignited.
It did not land with the older generation.
If anything, individual buying pressure was growing even stronger.
But the younger generation was different.
They wanted rational grounds rather than blind faith.
If it were actually a good stock they would've bought it themselves
The Osung family only holds 5% of the shares
Among existing investors it was already common knowledge.
Osung Electronics' governance structure was bizarre.
That suspicion.
Once it met the kindling ready to burn, the fire spreading was only a matter of time.
1. Insurance Business Act revision
Osung Life holds over 8% of the shares
Once the law changes they'll have to sell everything down to 3%
2. Inheritance tax problem
Anyone who trades stocks knows this
They deliberately crush the stock price to pay less inheritance tax
3. They bribed the previous administration
The current administration has them completely blacklisted
This is what Sonik-jwa said on broadcast and it seemed to have a point so I'm posting it
Above all, there was Sonik-jwa.
The man who had correctly called the decline of Osung Electronics.
His skill as a full-time trader had already been proven.
It was only natural that people would start listening to what he had to say.
Affiliate ownership is at 75%
No Osung Life stake either so the Insurance Business Act doesn't apply ×
From the Osung Group's perspective, having this stock go up is pure profit
One by one, people started getting convinced.
This was not going to stay a conversation inside a small community.
The view count climbed higher by the day.
Subscribers who had been disappointed by Teacher Ju were flocking over to Sonik-jwa.
In search of a new cult leader.
The recent uproar.
There was no way Sora could have missed it.
This is Senior, right?
He had a hat pulled down low over his face.
But just looking at what was underneath was enough.
Those lips.
It wasn't as if she had only sucked on them once or twice.
"Holding Osung Electronics is just going to tire you out. It's a stock that moves however the institutions want."
Even before that, the way he talked was a dead giveaway.
It would have been stranger not to notice.
He could've just told me earlier.
Sora puffed out her cheeks as she watched the YouTube video.
This was already the third time.
Because it wasn't someone else's problem.
She was currently a shareholder of Osung Electronics.
"You either buy a stock that has clearer momentum, or you use the governance structure itself."
"Just now you said it can't go up because of the governance structure……."
"If there's a stock that can't go up because of that, then conversely there should also be a stock that goes up because of it, right?"
"Ohh!"
If she had known this, she never would have bought it.
No wonder her cheeks were swelling up like a pufferfish.
He 100% deliberately didn't teach me this.
Of course she knew.
She was the idiot for not researching properly.
But the material was too deep for self-reproach.
Not knowing was only natural.
This wasn't some pump-and-dump play—it was Osung Electronics, a company that could fairly be called the greatest corporation in the Republic of Korea.
I hadn't thought that far.
If he had told her, she would have reconsidered her judgment too.
Resentful thoughts and self-recrimination were swirling together when—
Ding!
Her phone buzzed.
A sudden premonition.
And sure enough, it hit the mark.
Maybe he finally remembered and……
A message had arrived from Senior.
He almost never messaged first.
Not unless there was a special reason.
Right now only one thing came to mind that he might want to say.
She swallowed hard.
Osung Biologics.
As an investor, she was curious.
Why Senior had taken an interest in this particular stock.
He might even teach it to her.
She had been prepared to swallow her pride and listen carefully when—
What the hell is this guy doing?
She genuinely had no idea.