ARKUSDT
Ark / Tether USD
crypto Composite

*She never asked anyone to buy into her funds*? She was all over the internet pumping risky companies with 100% confidence. Her attractive, social media influencers (She calls them analysts) were posting wildly bullish fantasies on Twitter with just enough tech jargon to make it sound credible. ARK was a PR firm not a research firm. She may have learned lessons but I still couldn't trust her and now there's a million tech bull ETFs to choose from.

No arguments. I wasn't suggesting their anti AMD. But the reality is, they took on a far over leveraged position from SA and that needed to be unwound. So it's reasonable to understand some of the sell offs the last 2 weeks, beyond what ARK disclosed, was probably Citadel letting the risk out of that balloon. So with that done, the stock should be under less selling pressure and it can get back to moving up.. as I said, catch a bid.

The wildest part is that her fund is called ARK...
Her fundamentals really be fundamental...

"A study by Morningstar ranked Cathie Wood's Ark Invest as the top wealth-destroying fund family over a ten-year period, estimating a total value loss of roughly $14.3 billion for shareholders. Her flagship ARK Innovation ETF alone accounted for about $7.1 billion of those net losses."