the SK Hynix IPO is 7x oversubscribed at $28B, about to be the largest US listing ever by a foreign company, and it lists Friday. institutions are fighting to own memory right as retail dumped it. i hold a small slice of the 2x SK Hynix ETF plus $Roundhill Memory ETF(DRAM.US) into the listing. leverage into an event is risky so i keep it tiny, but a 7x book is a real signal.
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