$SK hynix(SKHY)$ 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.
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