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Attrition_
Mar 30, 2021 11:08 PM

The latest Cathie Wood's Scam Short

ARK Space Exploration & Innovation ETFArca

Description

It contains...

AMAZON.COM INC
NETFLIX INC
DEERE & CO
ALIBABA GROUP HOLDING-SP ADR

and more...
ark-funds.com/wp-content/fundsiteliterature/holdings/ARK_SPACE_EXPLORATION_&_INNOVATION_ETF_ARKX_HOLDINGS.pdf

Seriously, what in the actual hell is this thing?

Why put Netflix in a Space focused ETF?

“Netflix ... has 200 million paying subscribers. In the U.S. alone, there’s over 40 million people who don’t have access to broadband and so, if a satellite solution can bring access to those customers and expand the addressable market and the topline for Netflix, then this is something that is very important,” Korus said.

cnbc.com/2021/03/30/ark-invests-space-exploration-etf-arkx-begins-trading.html

Well, OooOOOOoooOOk then...
Comments
Logzor
This isn't TA. Why are you posting on Tradingview? Go complain on Reddit.
Logzor
@Logzor, For what it's worth, Cathie is already trading her "cash position" stocks like DE for more focused positions. Glad to see that happening! Looking forward to seeing more daily trades in X. I think excitement will build over the next 6-12 months as Cathie brings in new positions.
massiveKing88765
when you're in space, obviously you have to watch netflix - DUH!
cyberluck
ViperV8eater
wtf.. can't find Disney in the list.. ETF is incomplete, won't buy..
rajivgomes
agree on the name being silly but isn't that a very solid list of companies to invest in?
Attrition_
@rajivgomes, You can't make a space focused ETF, then jump through hoops to connect dots of companies that have nothing to do with Space - except by some way out there relationship (like Netflix) and expect to maintain credibility.

That really hurts credibility in my eyes. Just like how all the scammers like Blackrock try and throw the word "Green" and "Sustainable" on things when they are anything but, just to sell investments in them.
rajivgomes
@Attrition_, i agree with that , overall its better to buy some of these ourselves and save the 0.75%, also agreed on tesla their FSD is not FSD at all! lol
mayurc1
@Attrition_, Maybe Netflix is launching a space mission? And she has the inside scoop? 🤣
cyberluck
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