Today, I set a goal to buy 650,000 shares again...
Really pushing the market in one direction
It's pushing up the power to sell...
If it continues in this direction, short covering that has been postponed by foreigners will happen, and Samsung Electronics has probably had the most short selling so far. If a shareholder return plan comes out for Samsung Electronics today, it will soar, and those who are taking short positions, whether they are forces or individuals, seem to be very troubled...
Until November, foreigners who shorted or bought put options from below at the moment when they realize that today is the cheapest will have to figure out how to quickly cover their shorts.
Because of the company's own share buybacks, which are proceeding regardless of the price, there is always an opportunity to sell at a higher price.
Until November, when the company buys back its own shares, it seems that we need to have a lot of inventory for short positions in domestic semiconductors.
I've only been in the stock market for less than 10 years, but this is the first time I've seen a situation where the president buys back 40 trillion won worth of his own shares. It's really interesting to see what happens.
