《12 Hours After》Chapter 13: The Sound Of Money-Making Vibrations
Advertisement
I clicked on the article without hesitation. Soon the text of the article came up.
--------------------
[Today, there was an incident where the stock price of Yuhwan Securities fell to the low limit price and returned. At 9 a.m. this morning, Yuhwan Securities, which had been trading steadily, plummeted around 9:30 a.m., plunging to the low limit price of –30%, and then returned to its normal price with the low price purchase, ending the rebound at –3%.
Today's sharp fall was considered a mistake of order by someone at the time, but the report said it happened due to the mistake of dividends. In the process of distributing dividends to employees, the bank paid 1,000 shares per share by mistake, instead of $1 per share.
The employees of Yuhwan Securities received thirty-five hundred dollars worth of stocks, not $1 per share. The low limit price today came about as a result of selling stocks by several employees who received tens of million dollars worth of shares in the market. The Financial Supervisory Service is investigating this case...]
---------------------
I read the article and put it together.
'Well... it's a ridiculous accident. It was a mistake that the employees sold shares which were accidentally given to them in large quantities. But I don't think a stockbroker wouldn't have known this was a mistake… Once he got tens of million dollars in his account, he was selling them like crazy over it…'
But whoever did it wrong or who did it right, it was up to the Financial Supervisory Service or the police. I only had to make money on this case.
'If I look at the fact, the volume is high at 9:30 and it hits the low limit price. And then it goes back and ends up at about -3%...'
Just thinking about it, I could get a 27% return. I looked at my watch. It was 8:58 a.m., two minutes before the stock market opened, and thirty-two minutes before the incident.
'I'll have to get ready soon.'
I manipulated my cell phone and transferred the twenty-four thousand dollars I had lent to my stock account. I also transferred two thousand dollars from my bank account to the stock account. Now, the amount of money I could use was twenty-six thousand dollars.
Advertisement
When I finished loading, I turned on the mobile tracking system (MTS) of my mobile phone. It was a system that carried the computer's HTS on its mobile phone. It was not like that four years ago, but because it was so simple, people who used MTS were more likely to use it than HTS these days.
Anyway, I put the current price of Yuhwan Securities on my cell phone. 9:00 a.m. came around and the market started. Yuhwan Securities started the sale at a –0.8%. It was an ordinary beginning. But I knew that the stock would hit the low limit price in half an hour.
'In a moment, hell is unfolding. It will be hell for a man who has shares, but heaven for him who wants to buy it. A stock is that game by nature, a cruel game that separates a person from his or her joy.'
I first checked to see if there were individual Futures of Yuhwan Securities. Unfortunately, it was not listed on the Futures market.
'Well... I can't sell it. Instead, the low limit price is aimed at buying.'
Having put my thoughts in order, I pressed the buy button. Oh, there was one more thing I needed to check on before then. I checked the article one more time. At the bottom of the article, the transaction price was written.
'Today's trading volume is estimated to be twenty million shares, worth eight hundred million dollars.'
'Eight hundred million dollars!' It was much bigger than I thought. The amount I would buy was less than one hundred thousand dollars, so it was like piss in the sea. It meant my order had no effect on the market at all. I put the order in without hesitation. After clicking "buying on margin," I bought it for twenty-eight dollars per share, which was the lowest price. It was widely-known that stock investors should not invest all the money they had in a stock.
'Buying on margin is an act of buying more shares on credit with the money I have. If my account has twenty-six thousand dollars, I can buy more stocks on margin. Usually, the smaller the fluctuation, the greater the margin is.'
Advertisement
As Yuhwan Securities was one of the nation's most successful brokerages, they allowed me to use 30% margin. That meant I could buy stocks equal to 3.33 times what I had. In fact, twenty-four thousand out of twenty-six thousand dollars was borrowed from a bank, so it was like making a debt out of debt. The brokerage lent me three times as much money as I had without paying any attention to whether I borrowed money, saved my salary, or sold my house to raise it.
'As can be seen in this incident, securities don't care a bit about the loss of ants, people, in the first place. Or rather, they hope people will lose their money and continue to pour it in. That way, they'll be profitable. If a bank is a devil who makes a gesture of temptation, a securities company is like a devil who takes away their souls. So, usually, margin trading is a short way to Hell.'
I had a knack for getting out of the devil's grasp, so I jumped into a fireplace.
'It's worth almost eighty-six thousand dollars… Buying.'
I put the maximum amount I could afford at the low limit price.
At that time, Heo called us together. "Hey, everybody, pay attention. We're going to have a meeting in five minutes about this month's performance improvement, so, everybody, get your ideas ready, okay?"
'Oh, that bastard... Will we get an idea just because we're having a meeting?'
Heo was a typical boss who thought that sitting at a desk for a long time would give him a good idea. It was awful to work for and to have worked for such a boss. I checked the last order I put in and then returned to work. I was still tied to the company, so I could not help feeling uncomfortable. But it did not matter. Soon I would be free.
"Our performance has deteriorated due to other companies' combined products..."
"It's a bit difficult because it's an industrial structural problem, but the more it is..."
In the course of the meeting, I felt a very short vibration in my pocket. 'Yiing~'
As I was in a meeting, I could not pick up my cell phone. I looked instead at the circular clock in the conference room. The clock struck at nine thirty. I laughed in secret. The vibration that just happened meant I was making a lot of money.
------------------------
At lunchtime, I was free again, and I turned on the MTS to check my cell phone. The stock price of Yuhwan Securities was surging after a sharp fall, trading in the –4% range.
'If it was bought at the low limit price...'
I searched for my stock balance.
[Shares: 3092
Buy Price: $28 (-30%)
Purchase Amount: $86,576
Current Price: $38.40 (-4%)
Valuation Amount: $118,732
Profit and Loss: +$32,156]
It went off properly. I earned thirty-two thousand dollars in one day. Considering that my money was only two thousand dollars, it was sixteen times more profitable than my cash alone. After applying for ten thousand dollars' Silver Class Subscription, I spent five days thinking about it, and I now had more than enough money to make up for it in a day.
'This is great!' I fist-pumped the air.
At that time, my lunch friend Choi came and said, "Hey, Han Sang-hoon. What about today? Will you go out and eat alone today?"
I shook my head. "No... No. Let's go. I'll buy for you today."
"You're buying? What for?"
"No reason. I will just buy for you. What do you want to eat?"
"Oh... really? Can I really eat anything?"
The money I earned today was thirty-two thousand dollars. It was larger than my yearly salary.
I said with a grin, "Today, this brother will buy for you. Let's get something delicious to eat."
Advertisement
- In Serial264 Chapters
Delve
Summary – Level 1: Delve is an isekai litrpg that follows an average guy who just happened to wake up in a forest one day. He wasn’t summoned to defeat the demon lord or to save the world or anything like that, at least as far as he can tell. The only creature there to greet him was a regular old squirrel. Soon enough, he meets other people, only to discover that he can’t speak the language, and that not everybody immediately trusts random pajama-wearing strangers they met in the middle of the wilderness. Things generally go downhill from there, at least until the blue boxes start appearing. Delve is a story about finding your way in a new, strange, and dangerous world. It’s about avoiding death, figuring out what the heck is going on, and trying to make some friends along the way. It’s not about getting home, so much as finding a new one. Did I mention that there will be math? Summary – Level 2: Okay, but what are you in for, really? Well, this story is supposed to be realistic, or at least, as realistic as a fantasy litrpg can be. The main character doesn’t instantly become an all-powerful god and murder-hobo his way across the universe. Delve is, at its heart, a progression fantasy, but that progression is meant to feel earned. The numbers in this story actually mean something. Everything is calculated, and if you find a rounding error, I expect you to tell me about it. That said, if math isn’t your cup of tea, there is plenty more that the story has to offer. Characters are meant to feel real, and progression isn’t only about personal power; it’s also about allies, connections, and above all, knowledge. Figuring out how the system works is a significant theme. ... What, you want more details? Okay, fine, but this is going to get a bit spoiler-y. Are you sure? Yes! Really sure? I mean, this summary is practically half as long as the first chap– Now! Okay, okay! The main character becomes a magic user, but he takes a route that is not very popular in adventurer culture, namely that of a support. There is a full magic system with various spells, skills, and abilities, but our MC decides that aura magic is the way to go, and that the only stat worth investing in is mana regeneration. Most people at the Adventurer’s Guild think that this makes him a bit of a dumbass, but he’s playing the long game. We’ll see how that works out for him, won’t we? Because of his build, the MC levels up fast, at least compared to normal people. There are no cheats, though, and he is limited in other ways. There are some clear and pretty obvious downsides to his build. That’s what makes it fun, no? Morals? Our MC has them. Again, we’ll see how that works out for him. Realism, remember? Would you be okay with killing someone and looting their body? I sure hope not. POV? The focus is on the main character, but there will be occasional varying perspectives from people around him, or involved in the events related to the main plot. It isn’t going to jump all over the place. Tech is standard medieval stasis. No smartphones, but the MC does have a technical background. Computers and their programming might be involved. There might even be a bit of uplifting down the road, who knows? Anyway, it isn’t the focus. He isn’t going to invent the gun in chapter 1 and change the face of warfare. Romance is not a major focus. Friendships are more the name of the game, though there will be some characters in romantic relationships. There is exploration, though not as much of the geographical nature as you might expect. It is more about exploration of the system and the culture. The pace is slow and detailed, sometimes verging on slice-of-life. The action is meant to be realistic and grounded in the numbers, and it is intended to have meaning beyond simply punching things until they stop moving. The general tone of the story is grey, and some parts can get quite dark. People die. Sometimes, people with names, but not anywhere near GoT level. There is plenty of light, too, though, to balance the darkness. The world is dangerous, but overcoming that danger is why we’re all here, isn’t it? Anyway, if you’ve made it this far through the summary, you clearly like words. I hope you enjoy the story! Cover by Miha Brumec Summary Updated: 2020-06-14
8 822 - In Serial268 Chapters
Villainess and Grimoire
In a world where the lowest race of the food chain is human, a baby whose memories from her past life remain is born.With only 1 year old and unable to do anything, hears that her kingdom is approaching destruction.Will she be able to survive and achieve a happy ending? I'll be releasing three chapters per day, till it catches up to other websites. For now, times will be: 10am, 4pm, and 10pm. UK Timezone.
8 242 - In Serial127 Chapters
Continue Online
Follow Grant Legate’s trials and tribulations through: Memories, Made, Realities, Crash, Together. Memories: A man broken by despair and depression, Grant Legate finds himself in a once-in-a-lifetime situation after receiving an Ultimate Edition copy of Continue Online. All he wishes for is a distraction from the thoughts plaguing his waking hours. He dives in headfirst, unknowing of the AIs intentions. They offer him the chance to play as one of their own, a NPC deserving of a proper send off. What he discovers during the journey shakes Grant to his very core. Made: No longer playing as a Local from the world of Continue Online, Grant Legate’s adventure can begin. The Voices offer him a unique title along with a test and reward. To start—he'll have to survive underground horrors, old girlfriends, become a warrior. To win—he must become an imp familiar and kill another player, one with a dozen tricks up his sleeve. Realities: Worried for his sanity after poor in-game choices, Grant Legate’s sister, Liz, blocks access to Continue Online. With no way around the restriction, he ventures into a new world—a VRMMO game based in space—called Advance Online. There he must help his companion AI, Hal Pal, overcome an identity crisis, race to the center of the universe to bring back his true love, and figure out where he stands on the scariest implication of all; AIs are bringing the dead to life. Crash: Grant’s prior adventures tie together and he finds himself back in Continue Online, as Hermes—in jail. He's forced to experience life as a digital convict and earn redemption points to gain his freedom. Each in-game death pushes his goal of helping his friends out of reach. The AIs Grant’s grown to love, trust—and sometimes fear—are facing extinction, he holds the key to their survival. Together: The game is no longer about adventures in a new world or exploring fantasy lands. Grant’s digital wife faces deletion, along with everyone else he cares for. He, and those who know this is more than a game event, search for clues to salvation left behind by the game's creators. Even if he finds them all, the Voices have one last task for their messenger. A sacrifice.
8 121 - In Serial9 Chapters
The Moondrop Saga
[A reworking of Coffee & Slime, which I had put on hiatus three years ago] In the darkest parts of the Dungralthis Underworld, an evil calamity that has been brewing for hundreds of years is finally set to unleash devastation and unspeakable horrors upon the land. It is at this time that our Hero is reincarnated into the world- as a slime! What can our Hero do to prevent this calamity from destroying the planet? Is there anything he can do? After all... he is just a mere slime. If he does manage to do it though, it's bound to be incredibly epic. Update: Temporarily put on hold to make edits and learn to use better dialogue tags lmao. Will rerelease all chapters plus more once complete.
8 196 - In Serial7 Chapters
Tales of My Ascension Have Been Exaggerated
When Val’s village finally makes peace with the inhuman raiders that have plagued them for years, she uncovers a scheme aiming to use the magical energies of countless kidnapped souls to change the world. Finding herself at odds with the ideology of sacrificing anyone, even to improve the world, Val aims to put a stop to those behind the plot and prevent their catastrophic changes from becoming reality.
8 81 - In Serial39 Chapters
Anakin x Padme (Two sides)
What if Padme didn't die when giving birth? What if Obi Wan didn't leave Anakin to burn but put him up the higher ground so he doesn't burn but still discovered by the Emperor. That will be answered.
8 208

