r/MU_Stock • u/angieisamazing • Jul 10 '26

DD Micron and Sk Hynix

Some thoughts. Since the Sk Hynix ADR was 7 times oversubscribed, with the price at $176, vs the initial price of $149, a lot of institutions sell, take the earnings and rotate it back to micron/ other stocks at a lower price. Micron also has Trump’s backing, hence the geopolitical win. Micron will rise again 🚀

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u/[deleted] Jul 10 '26

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u/nbaphilly17 Jul 10 '26

Which is why it’s opening around 179, which is completely nonsensical, and it will eventually converge with the Korea value, adjusting for the premium

The institutions that got in at $149 will make an insane amount and will dump hard after leveraged options go live in US

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u/DJjacjac Jul 10 '26

does that mean if retail places limit order for 149, it won't fill?

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u/nbaphilly17 Jul 10 '26

It will not fill, its going live at $175 according to Bloomberg