Chicken and Egg

The clinical results of a new drug.

That is the engine that moves biotech stocks.

Share prices can swing wildly on the back of them.

“Whoa…….”

“Clean.”

“They don’t even give you a chance to sell.”

Baekjezen was a special case.

It had climbed to a point that could no longer be explained by mere expectation.

9:00 a.m.

The moment the market opened, it slammed straight into the lower limit.

More than ten million shares sat locked at the very bottom of the order book.

Gulp.

Sora knew exactly what that meant. She swallowed hard without realizing it.

“Does that mean you can’t even cut your losses?”

“That’s right.”

“Then what…… do we do?”

“What do you mean, what? You’re fucked.”

Bad news had hit a company you were invested in. You wanted to take the loss and get out, but—

You can’t.

It used to be worse. Until 2015 the maximum daily drop was only 15 percent. Volatility was too low. Short-selling forces could lock the order book whenever they felt like it.

“That’s why the old biotech names used to print eight consecutive limit-downs.”

“What’s a limit-down dot?”

“You don’t know ‘dot’? Dot. Right here.”

“Ah!”

Things had improved recently. With a 30 percent maximum, enough sellers hitting the limit would eventually free it up.

Still, with material this bad, three or four consecutive limit-downs are a given.

Yesterday’s close sat somewhere around Sora’s navel. Thirty percent below that—

“It just sits here and doesn’t move.”

“Senior, I already know all this now…….”

“I’m saying it because you know.”

He pressed down firmly. No matter how many ab workouts she did, a woman’s belly stayed soft and moist.

It doesn’t move at all from here.

All day long. From the 9:00 a.m. open to the 3:30 p.m. close. Not a single tick up or down. On the daily chart it looked like a single dot.

“Tomorrow it’ll probably print around here.”

“Senior, that’s…….”

“And the day after, about here.”

“Ah—ah!”

It would chain together like that. Consecutive limit-downs that snapped the chart downward in an absurd, vertical freefall.

Pretty thick hair.

His hand reached the vicinity of Sora’s private place. A single protruding strand pricked his skin.

“Senior, that…….”

“Don’t?”

“If you’re going to do it, do it properly. Don’t tease me.”

She brushed her lips against his with a soft smack and sent him a look. Whether she knew it meant “Please fuck me” was another question.

She’s grown up so deliciously.

Sora, who had never shown interest in men, had ripened into someone who could actually seduce him.

He pressed harder. He wanted to age this body that still didn’t know a man a little further. Fingertips sinking into her slick belly.

“You said you were dieting?”

“That part doesn’t go away easily.”

“Nice and plump. Feels good to touch.”

“You’re mean.”

Sora pouted. He had pinched the flesh on the inside of her thigh.

Look how springy it is. The squeeze is going to be insane.

That was the mark of a delicious woman. La-hee, the last one he had taken, had solid muscle befitting an actress. But nothing compared to what you were born with. The kind of lewd body that swallowed men whole.

He pressed again. If her figure had been even a little less erotic she might have made a name for herself as an actress. Not that she had any intention of trying.

“But Senior.”

“Hm?”

“Foreigners piled in a lot recently, right? If the price drops like this…… don’t the foreigners take huge losses too?”

“No.”

“?”

She was wasting her talent. He could bloom either side of Sora’s gifts if he wanted.

Baekjezen’s freefall didn’t just send Baekjezen into the abyss. It was a group suicide. When the sector leader dropped, every other name felt it.

“What’s the defining trait of biotech stocks?”

“They rise on pure expectation……. Ah!”

“Baekjezen failing means every other biotech name has to be viewed with suspicion.”

“Ah♡”

Institutions never buy just one stock. They always spread risk through basket trading.

And they stack short positions too.

They used the Baekjezen hype to inflate a bubble across the entire biotech sector. And bubbles always burst. That was the big picture they were waiting for.

“Until one of them finally blows up.”

“What if it doesn’t?”

“Then you wait until it does.”

“Ah—there…….”

Retail and institutions approached investing from completely different angles. Institutions pushed prices up for no reason at all, just to get retail to buy. They held the price, then—when the catalyst hit—boom. They stoked panic and collapsed the whole biotech sector, raking in massive short profits.

You had to learn to see the market through a giant’s eyes. That was the homework Sora still needed to solve.

“Korean biotech itself is already abnormal. Something is guaranteed to blow.”

“Aren’t the companies just unethical?”

“That’s what Korean biotech is.”

“Forget our country for a second…… foreign professors are involved too.”

Global standards were no different. In Korea, doctors still carried an image of self-sacrifice and ethics.

Overseas, it’s just business.

They were merchants. Anything that made money, they did. There was a reason they helped Korean companies with clinical trials. One online ‍‍‌‌⁠​​⁠‌​​‍​​‍​‌​⁠‍‌‍⁠⁠‌⁠‌‍‌‍‌‌‌‍⁠​‌​‌​‌‍‌‌‌⁠‍​​‌‍⁠‌‌⁠⁠consultation: a thousand dollars. Even the “new drug” compounds they bragged about had been bought overseas for cash.

“‘Phase 2 success! Jackpot!’ they hype. But they bought a compound that already succeeded in Phase 2, tweaked the structure a little, and re-ran the experiment. Of course it succeeds.”

“Whoa…….”

“Stuff overseas had already discarded because it had no Phase 3 potential.”

“So the result was decided from the start.”

The more Korean biotech companies played their games, the more those overseas players made money. Far from stopping them, they helped enthusiastically.

Tech-special listing companies don’t fail to deliver results for no reason.

They never intended to deliver in the first place. Legal scams designed to fool middle-aged men and idiots who still held illusions. Famous stories inside the industry. Ordinary investors simply didn’t know—and were easy to fool. Medicine was a specialized field. Regular people could only nod along. That was reality. There were people in the world who used their expertise as a weapon for fraud.

“Senior, you’re using your expertise as a weapon to sexually harass me too.”

“…….”

As long as you weren’t the one getting screwed, either side was fine. That was the law of the jungle.

Just sit still and get fucked.

Sora’s breathing grew rougher. All that fondling of her thighs and belly was paying off. Indirect stimulation. The sensations from above and below traveled straight through her.

“Senior…….”

“Hm?”

“I feel weird.”

“Where’s weird?”

“I can’t say.”

Her honest body twitched at the top of her thighs. Reflexive spasms couldn’t be hidden. Her thighs went soft and pliant. Legs spread in a triangle, she was concentrating on the feeling.

You want it, don’t you? You want it.

The plan was to make Sora, now itching on the inside, beg ‍‍‌‌⁠​​⁠‌​​‍​​‍​‌​⁠‍‌‍⁠⁠‌⁠‌‍‌‍‌‌‌‍⁠​‌​‌​‌‍‌‌‌⁠‍​​‌‍⁠‌‌⁠⁠him to put it in herself.

“What does it feel like?”

“Hot and tingly, and sometimes it shoots up…….”

“Don’t you want to be touched?”

“I don’t know. Just do it already.”

Step by step, it was working. True to her “do it for me” generation, she made passive requests. She also knew how to take the initiative. Sora cupped his cheeks with both hands and—

Smack!

—came after his lips like a thirsty deer. Moist, wet eyes seduced him.

Finally.

He received permission for Sora’s precious place. His hand slowly invaded inside her underwear. Soft, fluffy hair. An area modest enough to cover with one hand.

Squish.

The honey pot beneath. He stroked the surface that was already slick and wet. There was no mistaking what that meant. She tensed and drew in the legs she had spread wide.

“Ugh, so embarrassing…….”

“You touch mine every day.”

“That’s different.”

“How, exactly?”

She was incredibly shy. Anyone watching would think she was a virgin who had never even touched a man’s cock. But her body responded clearly. When he stroked between her labia, water poured out.

Her clit got hard too.

Round and small and cute. Yet it asserted its presence with absolute certainty.

“The limit-down really isn’t lifting…….”

“Right?”

“People who got stuck must be suffering. Ah!”

He kept the conversation going to ease her tension. Red-faced Sora forced stock talk out of her mouth.

From the position of someone who already sold, it’s pure entertainment.

Selling early hadn’t been about squeezing out a little more profit. It had been pure luck.

.

.

.

Investors who hadn’t gotten out. Watching them was part of the fun of investing too.

With time, everything looked different. In the moment, you never realized it.

“Isn’t it fun?”

“Yes.”

“Making money in a market where everyone else is losing it.”

“It turns me on.”

She looked at him while breathing out warm air. Her clit stood even harder than before.

……I’d better not slip a finger in even by accident.

The forbidden hole. If ‍‍‌‌⁠​​⁠‌​​‍​​‍​‌​⁠‍‌‍⁠⁠‌⁠‌‍‌‍‌‌‌‍⁠​‌​‌​‌‍‌‌‌⁠‍​​‌‍⁠‌‌⁠⁠he actually put it in, he had no idea how far her perversion would develop.