![]() Samsung’s being squeezed on the low end by the Chinese Android smartphone companies like Huawei and Xaomi while Apple’s iPhone is killing Samsung on the high end. Samsung’s margins and innovation depend on Google’s Android operating system. Samsung is, as I’ve said since I first shorted the EWY, the next Blackberry. South Korean Index iShares ETF (EWY) – I’ve been short the South Korean stock market via the EWY for the last 18 months, as a way of betting against Samsung. Here are the three positions I’m closing and why.ġ. I’ve got a few trades I want to make, including closing three of our existing positions, so let’s jump right in. ![]() – Semisonic “Closing Time” (Side note: It’s amazing what you can do by playing G-D-Am-C over and over again) ![]() Closing time, You don’t have to go home but you can’t stay here. ![]()
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January 2023
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