<Anchor> This is a
friendly economic time. Today (15th), I will be with reporter Kim Hye-min. I'm not good at stocks so I don't know, but people who don't know stocks better than me have heard of this. You said that NCsoft's stock price went up tremendously last week?
<Reporter> A
few months ago, I was talking about NCsoft, and at that time, the stock price had fallen. But this time, there was a slightly different issue, so I brought it out.
NCsoft's stock price has recently fallen a lot, and most of NCsoft's games, such as 'Lineage', have 'probability items'.
Even after paying for a paid product, the probability of picking a good item is extremely low, which has been criticized by users. The impact was also reflected in the share price. But it was last week. On the 11th, the stock price suddenly skyrocketed.
It was traded at the low 600,000 won until the previous day, but on this day alone, it closed at 786,000 won, which is close to the price limit of 30%. This increase was the highest since NCsoft went public in July 2000.
<Anchor>
Reporter Kim, is there any reason why the price has risen to the upper limit even though the performance was not good?
<Reporter>
That's right. It was the 11th, the day when NCsoft's earnings were announced. It was the third quarter. In reality, however, sales fell by 14% and net profit by a whopping 34%.
So, at this time, the media reported that NCsoft did not meet the market expectations because of the cost burden. This was also reported.
However, as the stock price rises, it is analyzed that it is because of this announcement that NCsoft will launch a new service that combines NFT and blockchain.
Simply put, if you apply NFT to the game, you can convert the items obtained in the game into virtual currency. You can either cash it out or invest in it.
But these days, they invest in NFT business. When people hear such news, the company's stock price often rises suddenly, so it seems that NC is also affected by this, but in fact, the direct cause lies elsewhere.
<Anchor>
What are the other causes?
<Reporter>
An individual investor, also called a super ant, on the 11th of the same day. I bought a lot of stock that day.
I didn't just buy a lot, I bought 700,000 NCsoft shares and then sold 200,000 shares again. All of them net bought 500,000 shares.
The net purchase amount is 3 billion won. And about 25% of the daily trading volume came from this one account.
As this fact became known, NCsoft's stock fell 9% on the 12th the next day. The Korea Exchange has designated NC stock as an 'investment stock'.
One of the stock requirements of investors is 'when the net purchased quantity from a specific account is 2% or more of the listed stocks and the closing price has risen by more than 5% from the previous day' This is because this is the case.
It is not yet known who this big hand investor is, who net bought 300 billion won a day.
<Anchor> That means
you bought 300 billion won worth of one stock per day in one account. Now, what kind of force is commonly used for price adjustment? invest? It looks like it could be seen like this, but it seems that investigation is necessary.
<Reporter> The
Korea Exchange has started an in-depth investigation. It is said that the results of the investigation will be available within a week at the earliest.
There are also suspicions that an individual investor did not simply buy the stock. The 11th day of this transaction happened coincidentally, the 'futures expiry date' in November.
It refers to the day when people who signed a futures contract buy or sell, and there are suspicions that individual investors with financial power made large-scale purchases to raise the stock price and then realized profits through futures.
If it is for this reason, it is an unfair trade. It will be transferred to the Financial Supervisory Service and will be subject to more intense investigations.
But it is still at the level of suspicion. Since nothing has been revealed, it seems that we will have to wait for the results of the exchange investigation to find out what happened on this day on the 11th.
For NCsoft, there is a possibility that it will be another big bad news following the 'probability item', so it is a time for investors to make a careful investment.