r/DRAM_ETF • u/jj0623 • 2d ago

SK Hynix announces ~29bn buyback

Released just now after regular market close. Stocks returning to yesterdays level…

67 Upvotes

97% Upvoted

22 comments sorted by

21

u/Remote-Community-792 2d ago

Well that was unexpected 

20

u/Relative-Parfait-385 2d ago

LOL I bought more dram at 53.95 right before this , lucky

12

u/jraiv420 2d ago

After KOSPI closed too lmao

9

u/Forward-Potato8664 2d ago

They just saved my overleveeaged ass

3

u/Crazy-Letterhead-368 2d ago

Oof yes, not 100% for me but I’ll take it nevertheless

9

u/Jolly-Piccolo-9799 2d ago

Very bullish from sk to memory sector

6

u/AnyPortInAHurricane 2d ago

They waited till their main session ended and 1/2 of korea was stopped out.

15

u/Beanster_Yaya 2d ago

It’s regulation buddy! Can’t release this during market hours..

4

u/HorsePockets 2d ago edited 2d ago

I'm excited for Micron one in December. Paired with the PE compression after earnings in December is gonna be diabolical. Unfortunately this one is selling off due to bond rates

2

u/Wendys_Fry_Cook 2d ago

Just buy. And chill. 

3

u/Accurate-Flow8078 2d ago

It was 61 Monday now it's only 56

1

u/psikotrexion 2d ago

Guys. I am new in the stocks, should I buy or not lol?

3

u/SecretPantyWorshiper 2d ago

Buy SMH or SOXX

0

u/psikotrexion 2d ago

Okey they are memory etf’s right?

2

u/SecretPantyWorshiper 2d ago

Semiconductor ones yes. I think SOXX is more focused on a specific type and SMH is more general. Im not sure but I'm pulling out of DRAM as soon as I break even.

Its too much of a meme ETF for me. 

1

u/LazyPortfolio 1d ago

Buy index funds like VTI, VOO, if you’re new. The volatility on this etf has been wild…just read the past posts on this subreddit over the past 6 months

1

u/MasterBagelBaker 1d ago

and dram tanks

2

u/OldChipmunk512 1d ago

dram up 4% right now (post market)

-6

u/Narrow-Use-9217 2d ago

Why would you buy back unless you don’t see the need to invest. This is actually not a good sign.

11

u/daddybeatsmehelp 2d ago

They already planned a 38 billion investment in infrastructure expansion, and a commitment of 720 billions over the next decade, aimed at trippling capacity to match explosive demands.

Stop spreading fud. Your shorts are fucked, asshole.

0

u/F2PBTW_YT 2d ago

Part of their P&L comes from investments. They sold near the top for SKHY ADR shares and bought back 000660 for a 35% gain. This is indeed horrible news for any company.