breezyk
10-22 21:01

$SK hynix(SKHY)$ Short attack similar to the 2Q earnings report. The share price should climb back above 200 or so by mid-November, once shorts need to cover a couple of weeks after earnings. History repeats itself over and over again.

Fear, uncertainty, dread, and dismay are being pushed all over AI chip stocks. AI spending cutbacks, Chinese competition, margin squeeze, chip cycle. All of it is being played up by the media.

None of it will materialize in the next 2 years. SMCI, TXN and others have raised guidance for Q4 and next year. Trade on facts, not fear.

Keeping it to 10% of my portfolio. Expecting a good earnings report and ignoring analyst projections. 40-45B in Q3.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
1