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Moshkelgosha
Apr 6, 2022 6:36 AM

Do not Short ARKK or Tesla, just buy SARK..! Short

ARK Innovation ETFArca

Description

PRINCIPAL INVESTMENT STRATEGIES

The Fund is an actively managed exchange-traded fund that attempts to achieve the inverse (-1x) of the return of the ETF for a single day, not for any other period, by entering into a swap agreement on the ETF. A “single day” is measured from the time the Fund calculates its net asset value (“NAV”) to the time of the Fund’s next NAV calculation.

The Fund will enter into one or more swap agreements with major global financial institutions for a specified period ranging from a day to more than one year whereby the Fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the ETF. The gross return to be exchanged or “swapped” between the parties is calculated with respect to a “notional amount,” e.g., the return on or change in the value of a particular dollar amount representing the ETF.(sec. gov)

This chart needs no explanation for those who know what to do..!

Best,

Dr. Moshkelgosha M.D

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Comments
jasonrappa
. I closed some of my shorts but waiting for lower lows to happen. They will too.

Do you guys like shorting arkk as well?
Alt-B
Cathie had better save some of her verbal ammunition in defense of her strategy. I fully expect the names in it to drop 50-80%. Not because they are bad companies...it's just the market cycle. Thye will be a buy at some point. Meantime SARK kinda funny and also a legit good idea right now. She's gonna have a lot more defending to do over the next year.
Vibranium_Capital
It’s possible
fairuzck
always on the spot
jammy1971
Good find Mosh 👌
maximustor
what will be target level Mosh? $51.5?
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