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Here I come! Let me spin a conspiracy theory—see if what I’m saying makes sense.
On July 8, the SK Hynix ADR is going to be listed. The real purpose of this listing is to let U.S. investors buy SK Hynix. So, before July 8, are the Americans hoping SK Hynix keeps going up or drops instead??? Which is more beneficial for them???
And if SK Hynix manages to list, will it keep falling in storage—or will it continue rising???
Let’s discuss nothing about fundamentals, nothing about AI, nothing about market supply and demand—just Wall Street’s most sinister, ruthless off-the-books tricks. Including this latest leak that Meta is selling compute power—maybe it’s precisely to let institutions and big banks buy SK Hynix at a relatively lower price.
I don’t have any evidence—I’m just making random guesses—but these kinds of ploys aren’t hard for Wall Street.
Discord is in my profile. Buy the dip, hold long term.