OT: Stock and Investment Thread
- Thread starter RU05
- Start date
TSLA had a big run up on Mon & Tues. If TSLA goes above 10% of an ARK fund, they sell. CW has said this numerous times. Being that you're obsessed with her, I assumed you knew this.
Yeah, if only what you are saying was true. They don’t automatically sell based on the 10% threshold. As if I’m the only one scratching my head on CW’s sale. Go read what plenty of pros are saying this morning. Here’s just one of many quotes:
"What's interesting is their unwinding of some Tesla shares after their ludicrous call on Tesla," said Karim Moussalem, head of cash equity sales at Cantor Fitzgerald Europe in London. "Selling some shares after that is a bit odd."
Not well executed. CW forgot about her other 5.3 million TSLA shares. LOL!
Time to stop the stupid.
So now ARK being bullish on TSLA is a new thing?
Maybe you should look back over the past 6 months to see how many times TSLA has been bought and sold.
Large put order just before the short report drops. Gotta love it.
The only timeframe that’s relevant is the time she made the $3,000 call and now.
It's still by far their largest holding. They sold some so as to buy COIN. This was basic asset mgmt.
If she's always bullish, you will always find "pump" quotes from her to fit your timeline.
It's still by far their largest holding.
The timing of the sale is not a coincidence. They release that report and sell at the same time so they don't hit the market too hard. They know everyone is watching everything they do so its hard to sell big pieces of any of their holdings. So while they might be just rebalancing the timing of this sale is clearly a pump and dump.
As noted above, they are constantly buying and selling TSLA. CW is constantly bullish. It's by far their largest holding. They sold some so as to buy COIN.
Total nothing to see moment.
The circular logic and refusal to acknowledge CW’s TSLA shenanigans is amusing. Of course it’s her largest holding - she said it’s going to $3000! She made the call a few weeks ago implying the stock would more than quadruple. Why would she sell a stock that she just predicted weeks earlier would quadruple instead of trimming Teladoc or Roku (which combined are more than 10% of ARKK). Did she predict TDOC and ROKU would quadruple? Come on - you guys must be joking. CW is a pro and clearly used the $3000 call to pump the stock and then used the COIN news cycle as cover to trim her TSLA position.
If she thought it was going to $3000 in a straight line, with no ups and downs, then sure.
Of course she was going to trade around a core position. Like she always has, like she has always been bullish, like there are people who are going to create some conspiracy narratives, there is nothing new here.
If you got off your knees once in a while you may actually learn something.
Yeah nothing new here. Most fund managers trim positions just a few weeks after they are all over the media with an insane $3,000 price target. Can’t make this **** up.
Did you read my post about ARK and the $3K PT from yesterday morning? I want to make your head explode.
I'd like to see ARK's 2020 transaction history. Anyone? Or at least can we verify that she was selling TSLA at times during the year?
Listen - it’s not like I’m the only one who has an issue with Tesla’s valuation and world dominance. But, everyone is certainly entitled to their own opinion and, most importantly, are free to invest their money wherever they want. The long story short is hopefully everyone on this board is sitting on a mountain of cash/assets 20 years from now - whether through TSLA, spec tech, FAANG, blue-chips, bonds, crypto, etc.
Like I said, as far as I’m concerned, the only relevant time period is after her $3000 call. It was widely perceived as a bold (insane) call at a time when TSLA was sliding. I wouldn’t be surprised if CW trimmed in the past 12 months when TSLA hit close to $900. But that was a different market snapshot in time.
Thought you jumped in due to technicals. I was worried seeing that post because that’s the kiss of doomed.
The always opinionated Josh Brown taking a jab at the bears: Paraphrasing a bit.
"If you can't see that we are in a bull market, might be time to go check out the job opportunities at Amazon"
Had a good line stinging those investors sitting on a pile of cash waiting for "their time" as the market just continues to grind higher.
"If you can't see that we are in a bull market, might be time to go check out the job opportunities at Amazon"
Had a good line stinging those investors sitting on a pile of cash waiting for "their time" as the market just continues to grind higher.
Bears always make me laugh. They are so terrified of the 20% down that they miss the 50% up.
See sig below.
If you exclude TSLA, CW, ARK, and crypto, this thread would be 5 pages.
I did. But then came the catalyst in the form of a short report which broke that support.
But sure, my post was a kiss of death.
When people over simplified, it’s always the kiss of death. But back to the actual issue of the short report. I’m going to let it settle and buy some more. This is one of the weakest short reports in a long time. Their research is just interviewing ex-employees and comparison to Nikola and Theranos.
NVDA continues to be a stock that, though always expensive via traditional metrics, 88x p/e currently, just continues to fly higher because as a company it continues to gobble up market shar, continues to show incredible growth.
Up 5% today.
Up more then 120% over the past 12 months.
Up more then 4x since early 2019.
Up about 20x since early 2016.
Up 5% today.
Up more then 120% over the past 12 months.
Up more then 4x since early 2019.
Up about 20x since early 2016.
NVDA - my 4th largest stock in my main retirement account. I use the Morningstar X-Ray Stock Allocation feature than sums up all of the holdings in my funds. Great tool!