The Amateur Economist

Economic insight, outlooks and market predictions

[The Amateur Economist @AmateurEcono]

This is NOT how much money was raised for SK Hynix, but how much money was raised for it's American investors...

All ADRs were pre-sold at $149, and those investors picked up a generous +14% at the IPO at $170 (nearly $4B total).

Imagine getting printed a 14% ROI in 2 days...

[The Amateur Economist @AmateurEcono]

The Amateur Economist Quick pick!

Oracle Corporation dropped a staggering 45% in 6 weeks.

Going against this current, I see the stock clawing back lost ground in the coming week, with a nice 4%+ profit.

This is not financial advise - This is an amateur prediction.

#stocks