what are you selling today?

[gfp]

6 minutes ago, brobro777 said:

 

 

I just got lucky and I didn't close my short position yet so who knows how this will play out

 

I do think SKHY is a better short than Micron

 

 

 

 

Given that the US shares of SK Hynix still trade at a large premium to the KRX-traded primary listing (and an even bigger discount to that holdco that owns 20% of SKHY) - it is probably a better short than Micron.  Micron is a good long here, believe it or not.  Head & Shoulders top about to blow up in a bunch of traders faces.  don't be one of them!

[brobro777]

2 hours ago, gfp said:

 

 

Given that the US shares of SK Hynix still trade at a large premium to the KRX-traded primary listing (and an even bigger discount to that holdco that owns 20% of SKHY) - it is probably a better short than Micron.  Micron is a good long here, believe it or not.  Head & Shoulders top about to blow up in a bunch of traders faces.  don't be one of them!

 

Meh I dunno. Last week these semiconductor funboys released huge numbers (e.g. https://finance.yahoo.com/technology/ai/articles/samsung-sk-hynix-prepare-major-185441252.html) and even had that AI summit in San Fran with the South Korean president and Jansen Huang. It's like they're pulling out the big guns but it stinks of desperation - they need to borrow capital and the stocks already having cracked 30-40% isn't helping things and it's really not going to help if things sell off another 20% from here. In the midst of all this, Bank of Korea raises 25 basis points! I mean yea it's only Bank of Korea but still

 

Nasdaq action indicate weakness. Today NQ sold off below 28000 and just 2 months ago, this would have bounced back 1500 points easy. Now it can barely bounce 200 points? I mean come on

 

I thought about closing the shorts and taking pretty good profits this morning but I'm gonna ride these bad boys. I fully expect these funboys to get desperate and pull out even more stops, in which case the squeeze could become epic. But hey, if you're ready to put it on da line, you should leave da casino....

 

 

[SharperDingaan]

Begun the unwind of our pair trade, proceeds temporarily moving through fixed income.

 

SD

[KPO]

1/3 of HST and ABNB

[Spekulatius]

14 hours ago, gfp said:

 

 

Given that the US shares of SK Hynix still trade at a large premium to the KRX-traded primary listing (and an even bigger discount to that holdco that owns 20% of SKHY) - it is probably a better short than Micron.  Micron is a good long here, believe it or not.  Head & Shoulders top about to blow up in a bunch of traders faces.  don't be one of them!

Hynix and Micron are tied to the same mast though and Hynix is down more then 10% in Korea tonight. I agree Micron has been relatively stronger but I think they can’t escape this downtrend either.

[brobro777]

1 hour ago, Spekulatius said:

Hynix and Micron are tied to the same mast though and Hynix is down more then 10% in Korea tonight. I agree Micron has been relatively stronger but I think they can’t escape this downtrend either.

 

Micron went off 20X from around $63 in April 2025 to $1255 in June 2026 - a legendary 14 month run, not for some micro cap but for a Trillion $ company. Lots of funboys have been riding this high fiving each other, counting da $$$ and having a good ole time but when such rapid rise like this turns, it can go the other way pretty hard

 

If I can cover my short at $600, why it'd be like early Christmas!  

 

haha