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Due to news that raw material prices have risen, Korean stocks immediately triggered a circuit breaker and plunged 6%.
If prices rise too much, it’s inevitable that bad news will follow—profit-taking in the gains is just right.
If everyone has made more money, still consider taking profits in batches.
I still have remaining profit from China and Korea. The Micron listing at 730 that I bought for a bottom has not been sold—it has gone back up.
Dram32 cost—don’t move for now; let’s wait and see.
Within a 20% premium between China and Korea, you can get in on the pullback.
If it’s above 30%, sell it aggressively—don’t be too attached.
The premium really is too high.