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Besides SanDisk and Micron, SK Hynix is also a hidden time bomb—whether it’s a project on the level of Korea’s national destiny, I don’t know. I only know that 55 million South Koreans opened 110 million trading accounts, and no one knows how many people are using leverage on top of leverage...
The Japanese in the Showa era thought they could buy up the whole world, and not long ago, young Koreans also thought the same. But if SK Hynix comes through with a major correction, it could basically push South Korea straight from “Showa” into “Heisei”😂...
When capital comes in, they’ll shout trading calls, tell retail investors stories, and then quietly slip out, letting retail investors keep adding leverage to pick up the chips. It’s not that one particular big short is smashing the market anymore—now the problem is that the retail investors who bought the dip earlier are trampling each other😂...