Cathie sure did outdo herself Friday, she bought more COIN instead of dumping it. How does a fund manager NOT know what a Wells notice is?
The big issue with this ETF is that she seems to be consolidating into her top 10 holdings instead of diversifying. She's not even looking into new stocks, just buying more ROKU and COIN, lol.
News:
finance.yahoo.com/ne...block-030709702.html
Trades:
cathiesark.com/arkk/trades
Holdings:
file:///C:/Users/hiroki.hirata/Downloads/ARK_INNOVATION_ETF_ARKK_HOLDINGS%20(3).pdf
I have no position in ARKK (a few COIN puts though), I just think she's dumb AF, Stay away from this ETF. Posting only because I saw she bought COIN Friday, lol. COIN will be a drag on this ETF until they go bankrupt. NOBODY wins against the SEC.
The big issue with this ETF is that she seems to be consolidating into her top 10 holdings instead of diversifying. She's not even looking into new stocks, just buying more ROKU and COIN, lol.
News:
finance.yahoo.com/ne...block-030709702.html
Trades:
cathiesark.com/arkk/trades
Holdings:
file:///C:/Users/hiroki.hirata/Downloads/ARK_INNOVATION_ETF_ARKK_HOLDINGS%20(3).pdf
I have no position in ARKK (a few COIN puts though), I just think she's dumb AF, Stay away from this ETF. Posting only because I saw she bought COIN Friday, lol. COIN will be a drag on this ETF until they go bankrupt. NOBODY wins against the SEC.