Chimchakman sold Samsung Electronics stock at around 70,000 won and repurchased it at around 210,000 won.


YouTuber Chimchakman (Imalnyeon) was reported to have sold Samsung Electronics stock in the 70,000 KRW range and repurchased it in the 210,000 KRW range. He recently revealed on his YouTube channel, "I sold it in the 70,000 KRW range and re-entered at 210,000 KRW." Regarding his reason for buying, Chimchakman said, "Even if the stock price goes down, doesn't everything fall together? If I don't buy, I'm lonely alone, but if it all falls together, I'm not lonely."

Samsung Electronics had stayed in the 40,000 to 70,000 KRW range for a long time but recently surged thanks to the strong KOSPI. On the 27th of last month, Samsung Electronics closed at 216,500 KRW. It appears that Chimchakman repurchased Samsung Electronics at this point. He is a long-term investor who has held Samsung Electronics stock for about three years and shared a positive update last July, saying, "Finally, the return rate has turned positive."

However, the global stock market has been unstable recently. As of the 3rd, the KOSPI closed at 5,791.91, down 7.24% from the previous trading day. On the same day, Samsung Electronics closed at 195,100 KRW, down 9.88%. Concerns about the global economy are rising as tensions between Iran and the United States intensify. This geopolitical risk is negatively affecting Asian stock markets, including Korea.

The KOSPI index showed a downward trend from the market opening due to sell-offs by foreigners and institutions. During the session, a "sell-sidecar" was triggered. This reflects the fear sentiment of market participants and is a mechanism that temporarily suspends program trading orders when futures prices surge or plunge sharply. The KOSDAQ also closed at 1,137.7, down 4.62% from the previous session.

Samsung Electronics rose to 216,500 KRW recently, supported by improvements in the semiconductor industry and a strong KOSPI, but fell nearly 10% in one day due to fears of war. Although Samsung Electronics maintains its position as the top company by market capitalization, it has fallen below the 200,000 KRW mark, raising concerns among investors. SK Hynix also closed at 939,000 KRW, down 11.50%.

Chimchakman's buying decision is attracting the attention of many individual investors. He has experience holding Samsung Electronics stock for about three years during the period when it stayed between 40,000 and 70,000 KRW. In a broadcast last July, he expressed hesitation about selling, saying, "When the rescue team actually arrives, I don't want to get into the vehicle. Because I took the risk, I have to take more than just a deposit," which resonated with individual investors.

Currently, Samsung Electronics and the Korean stock market are expected to experience high volatility amid geopolitical uncertainty. Experts analyze that this situation will continue as long as the war risk is not resolved. Chimchakman's news of repurchasing is providing a new topic for individual investors amid this unstable market environment.


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