Dougie, Not often I feel I can point out something to you about markets’ structure that I did NOT see in your email re SKHynix posted on X last week:
At this moment, SKHYNIX ADRs are trading at $168 or $1680 per full SKHynix share. On http://trade.xyz, that same share is trading at $1281, a $400/share discount – the most likely reason being heavy selling by Wall St pros and their best clients who bought before IPO hype. Don’t be a sap $SKHY.
The amount of the “gap” between insiders and the public could not have been more clearly visible with the “real” SKHynix market nearly 25% below the ADR hyped AND manipulated (legally as IPO market stabilization to facilitate exit of the guys who make a living off FIFO in domestic IPO markets…they trade at the sucker IPO price but sell to the “stabilized price” profitably.) one. NOT to mention the underwriters shorting in the immediate aftermarket to more suckers…. there ought to be a Netflix series on this …
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
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