Right now it's a death spiral because $ARKK is such a large holder of most things it's invested in. ARK attracted way too much money for its "disruptive" strategy because many of these companies don't have huge market caps ($TSLA is an exception). All the buying by the ARK ecosystem drove prices higher but that knife cuts both ways. Faced with redemptions, ARK is forced to sell things to generate cash, which hammers the prices of illiquid securities and triggers...more redemptions. Rinse, repeat. The smart move would have been to close the funds to new investors instead of raising so much new money on the back of her TSLA success. Greed is a sin for a reason and ARK's investors are paying the price for not understanding that.
"Better then gold." $CEMI. Chembio Diagnostics Substantially undervalued.
F.D.A. approval on its Covid/Flu test could happen at any time which will double/triple the share price. Last time it received approval on one of its tests, it traded over 600,000,000 shares in two days and hit $7.12 because the shorts had oversold it. Potential takeover target at $15+. Buy a few shares on before the next p.r.
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Nio Making Big Moves In US, Reports Say Chinese EV Maker Setting Up Shop In California
#Nio barely sold 10k in December in China, #Tesla sold 70k, yet you think they will do well in US? $NIO $TSLA
ARKK Suffered $352 Million In Outflows On Wednesday Before Plunging To 52 Week Lows On Thursday
Right now it's a death spiral because $ARKK is such a large holder of most things it's invested in. ARK attracted way too much money for its "disruptive" strategy because many of these companies don't have huge market caps ($TSLA is an exception). All the buying by the ARK ecosystem drove prices higher but that knife cuts both ways. Faced with redemptions, ARK is forced to sell things to generate cash, which hammers the prices of illiquid securities and triggers...more redemptions. Rinse, repeat. The smart move would have been to close the funds to new investors instead of raising so much new money on the back of her TSLA success. Greed is a sin for a reason and ARK's investors are paying the price for not understanding that.
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Lord馃檹 please don’t make us have to wait a year for $17.
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Mr Valuation!
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"Better then gold." $CEMI. Chembio Diagnostics Substantially undervalued.
F.D.A. approval on its Covid/Flu test could happen at any time which will double/triple the share price. Last time it received approval on one of its tests, it traded over 600,000,000 shares in two days and hit $7.12 because the shorts had oversold it. Potential takeover target at $15+. Buy a few shares on before the next p.r.
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Why do you think China wants it? Not for its...
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More like a Grey and retired chip LOL ;)
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Loading the shares on other side is not stopping. Sell articles for grabbing more cheap shares. lol.