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Damn it. After SK Hynix’s close on Thursday, it looked like everything with this partnership was on cue—those who were supposed to cooperate cooperated, those who were supposed to take a group photo took their group photo, those who were supposed to hype hyped, those who were supposed to shout shouted. Everyone looked like they were acting in perfect sync, like the springtime of storage was back again… But just a few hours earlier, the sky for storage was still falling apart. They really timed the good news to the second—unwilling to say even one thing about storage even a minute earlier. South Korea could end up the biggest loser, with every last bit of wool pulled out by Wall Street, and not even putting up so much as a decent resistance. South Korea lost in a total disaster.
Feel bad for Koreans.
Discord in the bio, buy the dip, hold long-term.