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Discussion Your thoughts on the Big Hit Stock issue? (1 Viewer)

Suzy

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So this is long and it probably won't be of interest to many of you but this has been my own personal form of entertainment and frustrations over the past few days.

One of my side hobbies is observing the stock market. About half the apps on my phone are stock market related and I'm especially interested in day trading. So as soon as I saw all these articles about Big Hit's stocks I new there would be a controversy blowing up soon because a) stocks are extremely volatile and b) K-pop fans really don't like using their brains when it comes to their faves.

For anyone who is not familiar with what is going on, basically Big Hit has been media playing for a while about their stock market and news about BTS becoming millionaires because of their stocks in the company have been releasing left and right. Of course, this news prompted a lot of ARMYs to buy stocks in the company because they trusted that the stocks would continue to rise because BTS is BTS. However, days after everyone started buying stocks, the stock market crashed and everyone lost their money.

So for me (someone who loves watching stock market trends), this was expected. One thing everyone needs to know is that as soon as a huge number of people start buying into a certain stock market, that stock market will crash. This is a VERY common trend and it happens more often than it does not. If these people had any idea what they were doing or if they had done even a little bit of research, they would not have spent all of their money on the stocks now. But these people knew NOTHING about stocks and just assumed that they would become as rich as BTS by buying these stocks and now they're foolishly asking for refunds... which is not ever going to happen. Once you invest in a stock, think of the money as no longer belonging to you.

The other issue here is how expensive BH's stocks are listed for. It was originally listed for around 260k (as far as I am aware) despite only having one product. The fact that their product includes people makes this even more ridiculous because anything the boys do will impact those prices. Especially in a market like South Korea where everything is a scandal. So their stocks are extremely volatile but they were listed for about 260k which means that the investors are losing A LOT of money here. These people literally gambled their whole life savings away because they thought they were in some sort of get rich quick scheme but that's not how stocks work at all.

Back to BTS being Big Hit's only profitable product at the moment: BH's entire stock trend depends on BTS as of yet. Once the boys are more inactive, once their popularity drops down and/or once they start enlisting, their stock market is going to crash. Before that there will be multiple instances where it will rise and fall, and it might once again rise to VERY high levels, but eventually it will crash once the boys are no longer active. People really need to think long term when investing in an entertainment company. If they had multiple big acts like the other Big 3, then even if one of their popular group takes a hit, they can recover their stocks by promoting or bringing attention to another popular group. But BH is literally living off of BTS right now so unless they start thinking about the future rather than the present, they're going to eventually crash even harder than they have now.

Basically what I'm trying to get at here is, please do some research before you jump into the stock market if you are interested in investing. Honestly, investing can be very profitable but it's more of a long term thing. You're not going to get rich over night and even if you do, the chances of you losing all that money by the next day is very high. So the best thing to do when investing is invest it and leave it without looking at it again because its value will continue to rise and drop. Money from investments is more of a side money source that will accumulate over the years rather than in a few days.

Also, unless you're a billionaire and have a lot of money to blow off, don't buy stocks in companies with huge listings. If the company burns to the ground, you're just going to lose a lot of money. Refunds do not exist in the stock world. So if your money is gone, it's gone forever. So be smart about it. You didn't save all that money just to lose it overnight. I feel so frustrated even thinking about it and I'm not even in the same situation.

Anywho, what are your thoughts on this (if you have any) @ARMY
 

Suzy

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Gosh I literally wrote a whole essay lol.

tl;dr - Basically, do NOT buy stocks that everyone else is buying, those stocks are going to crash and you're going to lose a lot of money. Also don't buy stocks into a company with only one product (especially if the products are humans) because those stocks are VERY volatile and will skew depending on the actions of the human. ALSO, do NOT buy stocks with HUGE listings because if it does crash, you are going to lose A LOT of money. You don't want to gamble your life savings away. This isn't a get rich quick scheme, investments are supposed to be long term. Once you lose that money, it's gone because refunds don't exist in the stock world.
 

Suzy

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i dont see how its anyone's problem except the idiots who put their life savings into a single company
I mean, it's something we can discuss. Besides, I hope other people take this as some and example and decide to educate themselves before jumping into the stock market.

Also, this is just something I want to discuss because of my own personal interest in the stock market. So seeing this happen frustrates me more than I could explain. Like they could have saved thousands if they did even a little bit of research instead of just blindly buying. It seems like common sense but apparently it's not. Also the fact that they're asking for refunds now really shows that they have absolutely NO idea about the stock market which just makes it all the more frustrating for me. :wimwim:
Also can't lie, I am entertained by human stupidity.
 
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Suzy

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So this is long and it probably won't be of interest to many of you but this has been my own personal form of entertainment and frustrations over the past few days.

One of my side hobbies is observing the stock market. About half the apps on my phone are stock market related and I'm especially interested in day trading. So as soon as I saw all these articles about Big Hit's stocks I new there would be a controversy blowing up soon because a) stocks are extremely volatile and b) K-pop fans really don't like using their brains when it comes to their faves.

For anyone who is not familiar with what is going on, basically Big Hit has been media playing for a while about their stock market and news about BTS becoming millionaires because of their stocks in the company have been releasing left and right. Of course, this news prompted a lot of ARMYs to buy stocks in the company because they trusted that the stocks would continue to rise because BTS is BTS. However, days after everyone started buying stocks, the stock market crashed and everyone lost their money.

So for me (someone who loves watching stock market trends), this was expected. One thing everyone needs to know is that as soon as a huge number of people start buying into a certain stock market, that stock market will crash. This is a VERY common trend and it happens more often than it does not. If these people had any idea what they were doing or if they had done even a little bit of research, they would not have spent all of their money on the stocks now. But these people knew NOTHING about stocks and just assumed that they would become as rich as BTS by buying these stocks and now they're foolishly asking for refunds... which is not ever going to happen. Once you invest in a stock, think of the money as no longer belonging to you.

The other issue here is how expensive BH's stocks are listed for. It was originally listed for around 260k (as far as I am aware) despite only having one product. The fact that their product includes people makes this even more ridiculous because anything the boys do will impact those prices. Especially in a market like South Korea where everything is a scandal. So their stocks are extremely volatile but they were listed for about 260k which means that the investors are losing A LOT of money here. These people literally gambled their whole life savings away because they thought they were in some sort of get rich quick scheme but that's not how stocks work at all.

Back to BTS being Big Hit's only profitable product at the moment: BH's entire stock trend depends on BTS as of yet. Once the boys are more inactive, once their popularity drops down and/or once they start enlisting, their stock market is going to crash. Before that there will be multiple instances where it will rise and fall, and it might once again rise to VERY high levels, but eventually it will crash once the boys are no longer active. People really need to think long term when investing in an entertainment company. If they had multiple big acts like the other Big 3, then even if one of their popular group takes a hit, they can recover their stocks by promoting or bringing attention to another popular group. But BH is literally living off of BTS right now so unless they start thinking about the future rather than the present, they're going to eventually crash even harder than they have now.

Basically what I'm trying to get at here is, please do some research before you jump into the stock market if you are interested in investing. Honestly, investing can be very profitable but it's more of a long term thing. You're not going to get rich over night and even if you do, the chances of you losing all that money by the next day is very high. So the best thing to do when investing is invest it and leave it without looking at it again because its value will continue to rise and drop. Money from investments is more of a side money source that will accumulate over the years rather than in a few days.

Also, unless you're a billionaire and have a lot of money to blow off, don't buy stocks in companies with huge listings. If the company burns to the ground, you're just going to lose a lot of money. Refunds do not exist in the stock world. So if your money is gone, it's gone forever. So be smart about it. You didn't save all that money just to lose it overnight. I feel so frustrated even thinking about it and I'm not even in the same situation.

Anywho, what are your thoughts on this (if you have any) @ARMY
Edit: I just found out that BH originally listed for 135k per stock and it rose to 270k because of the buyers before it fell and everyone lost their money. So people who bought at 135k and then pulled out as soon as they saw the first dip made lots of money. Everyone else... well this is why research is important.
 
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LiviaRaine

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I may have taken business but I hate stonks so much lmao

honestly it doesn't matter what ur doing, just put in a little effort to learn how it works lmao. bts may be at the height of their fame, but their stonks aren't going to be raising constantly. And, like u said, they're the biggest group in bighit, and bighit literally lives off bts. when bts's stocks crash that's a lotta money gone. if u wanna invest in bts u do u but do it well lmao. play it right.

this is why i don't buy stocks
 

LeeHoseok

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I don't expect fans to be smart with money, even less so ARMY because BigHit has essentially conditioned them to buy without forethought. Slap the BTS brand on something and it'll sell, BH knows that, they're banking on that hero worship because as you said, their whole company relies on it. BTS is responsible for over 80% of BH's income and that's, as you said, not a good thing. Their stock is volatile, anyone with half a shred of knowledge in regards to how the markets work knows that. I'm guessing many investors chose to buy expecting this exact scenario and made out pretty well thus far. Fans need to stop and think before they shell out exorbitant amounts of cash for their idols. The stock market isn't like collecting and trading photocards, but some are starting to treat it that way because their idols have stock in their companies, why not play, too?

Can't wait to see what happens when Jin enlists next year.
 

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I mean the subreddit wallstreetbets exists, which entire point of existance is ppl yoloing their life savings!
Idiots always exist and insane fangirls will do anything for their oppas

But overall I would say it was kind of a shitty move from Bighit's part....
 
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Suzy

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I may have taken business but I hate stonks so much lmao

honestly it doesn't matter what ur doing, just put in a little effort to learn how it works lmao. bts may be at the height of their fame, but their stonks aren't going to be raising constantly. And, like u said, they're the biggest group in bighit, and bighit literally lives off bts. when bts's stocks crash that's a lotta money gone. if u wanna invest in bts u do u but do it well lmao. play it right.

this is why i don't buy stocks
Ooh a business student who hates stock? That's interesting. I would have assumed you would be more interested in stock since you understand how they work better. I guess it's not for everyone. I'm personally more interested in day trading than investing long term so that's even more dangerous lol. But I do think that investing can be valuable in the long run. People just need to be smart about it.
 
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Yea if i had bought at 135 anything past 200 start preparing to cash out at the first blip.
Typically employees, owners and management are prohibited from just that behaviour.
Those were the folk that first day that made bank got out during the 4 % dip.

the market cap was stupid high. Whom ever valued it that high needs investigation.
 
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I mean, it's something we can discuss. Besides, I hope other people take this as some and example and decide to educate themselves before jumping into the stock market.

Also, this is just something I want to discuss because of my own personal interest in the stock market. So seeing this happen frustrates me more than I could explain. Like they could have saved thousands if they did even a little bit of research instead of just blindly buying. It seems like common sense but apparently it's not. Also the fact that they're asking for refunds now really shows that they have absolutely NO idea about the stock market which just makes it all the more frustrating for me. :wimwim:
Also can't lie, I am entertained by human stupidity.
my grade 7 teacher even taught us about stocks...for the whole year too
 

Suzy

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my grade 7 teacher even taught us about stocks...for the whole year too
I'm jealous. We never learnt about stocks in school unless year took business in year 11 and 12... which I didn't :wimwim:
But still, google/Naver are free and very useful so it shouldn't be hard to do some research.
 
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mysteric

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I'm jealous. We never learnt about stocks in school unless year took business in year 11 and 12... which I didn't :wimwim:
But still, google/Naver are free and very useful so it shouldn't be hard to do some research.
he was just very into the stock market in general; 1/3 of our classes were basically about the importance of being financially literate tbh
 
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Suzy

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I mean the subreddit wallstreetbets exists, which entire point of existance is ppl yoloing their life savings!
Idiots always exist and insane fangirls will do anything for their oppas

But overall I would say it was kind of a shitty move from Bighit's part....
Yeh Big Hit played it dirty... but which businessman wouldn't? Their main goal is to make money no matter what so something like this shouldn't be surprising. I have seen other companies make articles about their stocks rising too but I haven't actually seen them try to sell their stocks to fans like this. And I don't know if trying to sell to fans is a good idea either. They're already getting a lot of hate and people are very upset about losing money which is ironically making the stocks drop even more. It'll probably rise again soon but this doesn't look good for their image.
 

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he was just very into the stock market in general; 1/3 of our classes were basically about the importance of being financially literate tbh
That's actually really good honestly. It might have been boring for a lot of kids that age and a lot might not have even listened to him but it's nice that he tried to teach you guys something. And I am with him, being financially literate really is important in this day and age.
 
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Yeh Big Hit played it dirty... but which businessman wouldn't? Their main goal is to make money no matter what so something like this shouldn't be surprising. I have seen other companies make articles about their stocks rising too but I haven't actually seen them try to sell their stocks to fans like this. And I don't know if trying to sell to fans is a good idea either. They're already getting a lot of hate and people are very upset about losing money which is ironically making the stocks drop even more. It'll probably rise again soon but this doesn't look good for their image.
I just love seeing twt fan accounts act like experts
 
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he was just very into the stock market in general; 1/3 of our classes were basically about the importance of being financially literate tbh
That reminds me of my middle school history teacher, who at one point even had me added to his facebook group and google docs file where he had shiz recorded and he analyzed shiz!
 
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Suzy

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That reminds me of my middle school history teacher, who at one point even had me added to his facebook group and google docs file where he had shiz recorded and he analyzed shiz!
Mate why didn't I get your teachers??? I didn't learn anything amount money besides in maths and those weren't even real life situations. Now as an adult I'm trying to learn on my own but it would have been nice to have some direction from school teachers. All the "experts" and "gurus" teaching about this stuff outside of schools are scams and want thousands of $$ for info we could learn for free.
 
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i dont see how its anyone's problem except the idiots who put their life savings into a single company
This. Natural selection at its finest. It's okay, let them buy the stocks if they are dumb enough. Personally, I don't think bighit should've gone public, mainly because they were well off private. Money hunger is an issue and couple of managerial decisions in the past are really troublesome. I will keep an eye, for sure.
 

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