u/SnooHedgehogs5162 ·
Reddit — r/wallstreetbets
· July 11, 2026 at 06:08
· ⬆ 34 pts
· 💬 33 comments
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On Thuesday Europe pushed SK HYNIX price 10% higher.
On Friday morning Korea pre market sold 5% profit and when market opened, then Koreans sold off another 5% profit away. So SK Hynix went from 10% to -0.27%
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So now on Monday, SK HYNIX opens 15% higher. If Koreans take profit and sell it off then ADR price on Monday will be around **$145.00 to $148.00**.
What will you do if that happens? Why anyone thinks that Koreans will pump up stock that is trading 15% higher?
Don't forget that Kospi is mostly owned by retail investors and most people sitting at loss. Monday is good chance to reduce losses (by selling). This is risky bet when people bought ADR on Friday instead of waiting for Monday.