London Korean Links

Covering things Korean in London and beyond since 2006

How to boost your stock price

Get Yonsama to buy some shares. Though I guess this would only work with Korean small-cap media stocks:

[Ottowintech]’s share price, which stood at W12,700 on March 27 right before resuming stock transactions, quadrupled in less than 10 days, netting Bae, who invested a total of W9 billion in the company, more than 10 times his original investment, at least on paper.

The remarkable thing is that the share price soared even though nothing special happened except that Bae bought into it.

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