ARKUSDT
Ark / Tether USD
cryptoComposite

Umm I was following Ark.closely at first she seemed pretty good at calling besides the nvidia sell off after the bitcoin crypto die off. Besides that which I gave that decision a w/e... it made sense at the time. However fool me once shame on me fool me twice shame on you. There largest position was AMD at 7% total for ARK they unloaded Tons after AMD made its first major jump. Ok.. I suppose perishing there is ok... however with the massive build out of Datacenter I didn't understand the next sell offs. The 540.00 sell off was OK but the ones between the 1st and the last had me scratching my head. Soo.. not sure. Broader market trimming was probably the main reason for the last sell off.. but AMD since it hit 350 hasn't looked back. And the writing was plainly on the wall.

Well today sucked for CMPS and HELP shareholders, no way around it. CMPS was down 27.31%, HELP was down 16.94%, and I could barely keep down my lunch. While I do think part of today's drop was caused by the report that Usona submitted an NDA for its psilocybin drug, looking at the broader market I think that only accounts for *some* of today's price action. **ARKG performance** When I saw how hard CMPS was falling, I decided to also look at how ARKG was doing. For those who don't know, ARKG is Cathy Wood's "ARK Genomic Revolution ETF" which is basically an ETF focused on innovative biotech companies. CMPS is ARKG's 16th largest holding (it holds 5,058,583 shares of CMPS, making up 2.64% of the ETF) and the ETF was down 6.05% today. Here's how some stocks in the ETF did today: * Twist Bioscience - down 15.54% (TWST makes up 8.25% of ARKG) * Absci Corp - down 12.94% (ABSI makes up 5.47% of ARKG) * Natera - down 8.54% (NTRA makes up 4.79% of ARKG) It was a bad day for ARKG and so it seems like a lot of the red here was due to it being an overall shitty day for small-cap biotech. **XBI down 2.52% today** XBI is the go-to ETF for biotech and so on days when you're trying to see if CMPS, HELP, DFTX, etc. are down because of the specific stock of if it's just a broader down day in the sector, you always want to check out XBI first. Today was a big down day for XBI and notably when XBI is down like this, small-cap stocks feel it the worst. **Volatility because of tomorrow's CMPS earnings** CMPS has a history of the stock going down the day before earnings. I used AI to help with this, but I double-checked the numbers with Claude and ChatGPT and I believe they're accurate: |Earnings date|Previous trading day|CMPS move| |:-|:-|:-| |Aug 5, 2026|Aug 4|\+4.89%| |May 13, 2026|May 12|\-2.90%| |Mar 24, 2026|Mar 23|\-1.29%| |Nov 4, 2025|Nov 3|\-5.85%| |Jul 31, 2025|Jul 30|\-8.16%| So today was *rough*, but I think that CMPS and HELP would have had harsh days today regardless of the Usona news. I was a buyer today, but a nervous one at that!