ARKK - The Confederacy of the DunceApologies Milli's / Gen Z Cultists.
Ignorance is an excuse until your Sorceress's "Thesis" is proven wrong.
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Where to begin... this has been ongoing for Month Six now.
Wood's is a complete Fraud, a Carnie of the MetaVerse, a complete
Predatory Package for the youth of our Nation.
Every Generation has its Hero for Tech, Wood's was hailed for her
Strategy.
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Permit me to Wreck the Illusion...
Cathy claims to have 5 Year Time Horizons for "Investment" - a Longer Term
Buy and Hold, chanting to the Universe and making discoveries on Saturdays.
Woods has churned her Fund more than any other Fund - Trading in and out
of TESLA at extremes which are laughable. Buying High / Selling Low is her
stock in Trade. Please read the filings and see for yourself.
This Degenerate Fund Churner manages to buy the most Ill-liquid and thinly
Traded Equities becoming the Egg Woman. She has lost hundreds of Millions
using this idiocy when forced to SELL, and she does.
ZILLOW was a very large holding.
Cathy SOLD into the LOWS after hemorrhaging Capital - the Fund Average was
claimed to be $67.57 is incorrect. The ARKK Fund Average was - spread among
more than a FEW of Cathy's Funds from 67.57 to 73.91 to by far the largest
holding within ARKK @ $82.51.
The total loss is well North of $40 MIllion.
Recorded SELLS:
November 17, 2021 @ 31,361
November 15, 2021 @ 471,622
November 12, 2021 @ 589,903
November 11, 2021 @ 137,710
November 5, 2021 @ 1,610,884
This has happened dozen of times as the Fund grew from $10 Billion to $85 Billion
die to Inflows from her largest Cult Base - REDDIT.
It will lose 63% of its "Value" - at minimum.
Cathy is a turn, burn and churn Artist.
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We warned repeatedly this was a complete Scam, another False Prophet for the Ages.
Her "Most Unexpected" excuses continue to mount.
Buying High, Concentration Risk, Liquidity Risk - remains her Risk.
Price tells you everything you need to know, we heavily warned to exit this Junk Fund
with JUNK Leadership... See Price.
It's far from over for ARKK.
In Five years this Fund will not exist IMHO.