StocksLeak·Where the leaks Wall Street tries to bury surface first.
Read at stocksleak.com→COIN is not a bitcoin proxy anymore. It's a rates-plus-fees fintech with a stablecoin annuity, a base-layer L2, and an institutional custody moat. Here is the long thesis, the entry, the invalidation, and the levels I'm playing off.
Memory targets paid. Friday delivered three washouts in SNDK — pre-market, the open, the close — each with a higher low. I re-entered long from ~$1,340 in Friday's after-hours with a mental stop at $1,300. The stock got a reality check from $2,350 as SK Hynix's SKHYV debut pulled liquidity. Here is whether the selling is done and where SPY has to hold.
S&P 500 at 748.75 and 32x earnings. CTAs max-long, vol-target funds levered, TGA rebuild bleeding liquidity into Q4. Here is the desk read on direction, the three-leg trade to express it, and the levels that flip the thesis.
SK Hynix's ADR (SKHYV) priced $149 and opened $170 on the Nasdaq cross — the biggest foreign listing in US history walked in warm. Delta beat and guided up. Nasdaq closed a choppy week green as the chip bid held and Iran tensions leaked out of crude. Here is what actually happened and what it sets up.
SKHY prices tonight and opens on the Nasdaq cross tomorrow. Here is the desk playbook — the open, the fade, the level-two tells — and why the SPCX round-trip is the wrong template. Smaller float, different book, different exit.
SpaceX priced its IPO at $135, opened $150, ran over $220, and yesterday broke back through $150 to the downside. The put wall sits right there. A clean loss opens a gamma flip and a flush into the $120–$125 area, and Monday is 30 days from the IPO — the first real supply window.
Memory got tagged for a second time in a week. MU and SNDK led on hyperscaler capex chatter and a Korean supply squeeze. The tape is telling you the AI power-and-memory build-out is not done — and the next leg trades through the equipment names.
SNDK and MU paid. The next asymmetric setups are lining up in the same places the crowd isn't looking yet: direct-to-cell satellites, small modular reactors, the oil-services unwind, a GOOGL/META long vs NVDA/TSLA rotation, and a 2026 IPO calendar led by SpaceX that re-rates everything it touches.
Memory got tagged just like we said. Now the rotation is moving into rate-sensitive risk and bitcoin is coiled under $63K with the Fed quietly walking back the higher-for-longer script. A break over $63K into the July 4 weekend confirms the pivot trade.
No. No fraud conviction, no fraud judgment, no industry bar.
No. No court, regulator, or arbitrator has ever made that finding.
No. The 2016 federal indictment was dismissed in January 2017.
Dismissed in 2017. The Government did not appeal.
A 2021 broker-dealer registration matter — not fraud — on appeal to the Eleventh Circuit.
A court-supervised orderly wind-up in the Bahamas (2019). Not a scam finding.
Yes — a cooperating witness for federal authorities. Explained on the record.
Not publicly disclosed. Third-party celebrity-net-worth estimates are unsourced.
