ARKK slaughter

[rectifryer]

I sold a small share of arkk around 130. Then the knife dropped. WTF is happening with this stock? It looks to be entirely reliant on two things: tesla hype and covid.

Is the ARKK run over? We're far beyond a death cross here but this is the time I start considering potential huge upside based off either merit or market consensus.

In contrast, the TMFC is outperforming it greatly despite not being self proclaimed tech heavy. ARKK really seems like a vessel to peddle retail investor money into bullchit tech stocks, transmuting the momentum of tesla into unwarranted vectors. I am heavily bearish on this stock now.

[guest89]

I sold a small share of arkk around 130. Then the knife dropped. WTF is happening with this stock? It looks to be entirely reliant on two things: tesla hype and covid.

Is the ARKK run over? We're far beyond a death cross here but this is the time I start considering potential huge upside based off either merit or market consensus.

In contrast, the TMFC is outperforming it greatly despite not being self proclaimed tech heavy. ARKK really seems like a vessel to peddle retail investor money into bullchit tech stocks, transmuting the momentum of tesla into unwarranted vectors. I am heavily bearish on this stock now.

ARKK is still up over 300%. Cathie has always been clear that she makes 5 year plays. She's currently doubling down on her positions.

You either believe in her vision or you don't. If you do you should be LOADING UP on ARK funds right now. If you don't, you probably should have never owned it in the first place.


People that own ARKK are either going to sh!t all over the S&P 500 over the next 5 years. Or will be down dramatically and in that case ARK will be dead and nobody will be talking about Cathie anymore.

[keyboardworkout]

Cathie knows her sh!t but her timing is off a bit.

ARKK is probably a strong buy right now

[rectifryer]

ARKK is still up over 300%. Cathie has always been clear that she makes 5 year plays. She's currently doubling down on her positions.

You either believe in her vision or you don't. If you do you should be LOADING UP on ARK funds right now. If you don't, you probably should have never owned it in the first place.


People that own ARKK are either going to sh!t all over the S&P 500 over the next 5 years. Or will be down dramatically and in that case ARK will be dead and nobody will be talking about Cathie anymore.

interdasting

its in negative percentile (-30%) while s&p is 20+% YoY. I figured it would be hard to defend that but I guess you could apply your logic to any fund. Not necessarily wrong, just doesn't add clarity. It has doubled in the last two years, $40 to $80.



I hope she is right about deflation.

[rectifryer]

down another 5% today

yowzers

but that's admitably going to happen when you're ahead of the curve.

[StackingPlates]

down another 5% today

yowzers

but that's admitably going to happen when you're ahead of the curve.

This generation's "Janus Twenty Fund (JAVLX)". It is actually quite commendable on Ms. Wood that she took a less than stellar career and was able to parlay it into a way for her to get extremely wealthy as she entered her 60s.

[rectifryer]

This generation's "Janus Twenty Fund (JAVLX)". It is actually quite commendable on Ms. Wood that she took a less than stellar career and was able to parlay it into a way for her to get extremely wealthy as she entered her 60s.

Yeah I feel like she did a lot of meme stocks for a reason.

She missed ford for the electric vehicles. That is up 300%. She missed docusign for real estate. She missed most medical spikes which is crazy.

For a tech/med/comm fund that is operating at a loss in a time of the greatest gains IN HISTORY OF RECORDED ECONOMIES.....

You'd think bagholders would concede. Miring diamond hands.

I think its a case where technicals are conflicting fundamentals, and I find that interesting.

[rectifryer]

This stock is collapsing real time because retail investors either realized they could just invest in its only strong performer, tsla, or the fund just sucks as a whole.

Unfortunately cathy has proven she knows how to pick the worst performers of the best categories.

[guest89]

You've got to realize ARK is basically all extremely high risk high reward plays. When they are wrong it stings. But when they are right everybody is talking about them. The entire reason there was a massive hype train around Cathie was because of how successful she was.


I don't currently hold the ETF because I hold too much Tesla on my own as is. But assuming I were an ETF investor I'd most likely be hedging some portion of my portfolio into ARKK. Maybe about 10%. If she's wrong you're down 10% of your capital. If she's right that capital will make massive gains.


Cathie believes she's going to get something like 40% returns each year for the next five years. Time will tell. I just know with this turbulent market I wouldn't be bailing out of her fund completely. Everything can flip on a dime and ARKK be at its all time highs again and everyone talking about how she's a genius again.

[keyboardworkout]

Thoughts on ARKG?

I keep hearing that is the fund really undervalued right now.



Top 10 Holdings (42.38% of Total Assets)

Name Symbol % Assets

Teladoc Health Inc TDOC 6.85%

Exact Sciences Corp EXAS 5.00%

Pacific Biosciences of California Inc PACB 4.79%

CareDx Inc CDNA 4.25%

Regeneron Pharmaceuticals Inc REGN 4.05%

Vertex Pharmaceuticals Inc VRTX 3.64%

Ionis Pharmaceuticals Inc IONS 3.62%

Fate Therapeutics Inc FATE 3.58%

Twist Bioscience Corp TWST 3.56%

CRISPR Therapeutics AG CRSP 3.04%

[_zman]

Thoughts on ARKG?

I keep hearing that is the fund really undervalued right now.



Top 10 Holdings (42.38% of Total Assets)

Name Symbol % Assets

Teladoc Health Inc TDOC 6.85%

Exact Sciences Corp EXAS 5.00%

Pacific Biosciences of California Inc PACB 4.79%

CareDx Inc CDNA 4.25%

Regeneron Pharmaceuticals Inc REGN 4.05%

Vertex Pharmaceuticals Inc VRTX 3.64%

Ionis Pharmaceuticals Inc IONS 3.62%

Fate Therapeutics Inc FATE 3.58%

Twist Bioscience Corp TWST 3.56%

CRISPR Therapeutics AG CRSP 3.04%

It could be. For example, in ARKG, Teledoc is 7% of it's holdings, which seems like a smart investment alone, but it's since gone off a cliff about when hospitals started seeing patients again. I could see that one rebounding at some point, but it's another 5-yr horizon type investment. The rest I don't know a lot about.

[vitall]

Thoughts on ARKG?

I keep hearing that is the fund really undervalued right now.



Top 10 Holdings (42.38% of Total Assets)

Name Symbol % Assets

Teladoc Health Inc TDOC 6.85%

Exact Sciences Corp EXAS 5.00%

Pacific Biosciences of California Inc PACB 4.79%

CareDx Inc CDNA 4.25%

Regeneron Pharmaceuticals Inc REGN 4.05%

Vertex Pharmaceuticals Inc VRTX 3.64%

Ionis Pharmaceuticals Inc IONS 3.62%

Fate Therapeutics Inc FATE 3.58%

Twist Bioscience Corp TWST 3.56%

CRISPR Therapeutics AG CRSP 3.04%

As someone who has interests in the fund I’d say fukk any type of ARK etfs. I’m bag holding at like -40% loss on g and k. Should have cut my loss in December at 30% loss for the tax write off

[guest89]

It could be. For example, in ARKG, Teledoc is 7% of it's holdings, which seems like a smart investment alone, but it's since gone off a cliff about when hospitals started seeing patients again. I could see that one rebounding at some point, but it's another 5-yr horizon type investment. The rest I don't know a lot about.

TBH I feel like Teledoc will be big going forward regardless. I'm on TRT. Drop my my DR office twice per year to do blood work and the lab sends him the results. 2 weeks after blood work I drop in just to talk to him. (Because you have to be an active patient to keep a script going).

Why the fukk do I need to drive to the office and go sit in the lobby and wait to be seen just for him to be like "Your lab work looks good any questions?" and I'm like "I'm all good."

He knows I know my schit with TRT and hormone optimization. I monitor my own blood pressure/vitals already. I can pretty much walk in and tell them what my BP/heart rate/weight will be before the nurse has to check and I'm always spot on. It really doesn't make sense to be seeing doctors in person for stuff like this.


With that said if I were interested in ARKG I'd probably select a stock like teledoc and maybe one or two others to hedge in to. Higher risk but higher reward then going into an ETF.

As someone who has interests in the fund I’d say fukk any type of ARK etfs. I’m bag holding at like -40% loss on g and k. Should have cut my loss in December at 30% loss for the tax write off

Its an ETF bro. They are meant to be held long term and not stressed over or hype traded.


Misc is the living breathing incarnation of buy high on hype then sell low on fear. Don't be one of those people.

[ChunkBuster]

All the ARKs have been butt r@ped.

I sold ARKF for a very small loss after one year. Sold in the $50s now is around $35. Good move.

I’m done with ARK funds. I thought F would rocket like the others.

[_zman]

TBH I feel like Teledoc will be big going forward regardless. I'm on TRT. Drop my my DR office twice per year to do blood work and the lab sends him the results. 2 weeks after blood work I drop in just to talk to him. (Because you have to be an active patient to keep a script going).

Why the fukk do I need to drive to the office and go sit in the lobby and wait to be seen just for him to be like "Your lab work looks good any questions?" and I'm like "I'm all good."

He knows I know my schit with TRT and hormone optimization. I monitor my own blood pressure/vitals already. I can pretty much walk in and tell them what my BP/heart rate/weight will be before the nurse has to check and I'm always spot on. It really doesn't make sense to be seeing doctors in person for stuff like this.


With that said if I were interested in ARKG I'd probably select a stock like teledoc and maybe one or two others to hedge in to. Higher risk but higher reward then going into an ETF.

Agreed 100%. I thought it'd be a disrupter, and still could be.

[VegasLifter26]

you guys need to take a finance/accounting class and learn about cash flow and valuations. It doesnt matter how disruptive or revolutionary a company is, its what you are paying for each dollar they make

[CrazySerbian]

you guys need to take a finance/accounting class and learn about cash flow and valuations. It doesnt matter how disruptive or revolutionary a company is, its what you are paying for each dollar they make

Brah my average price on ARKK is 134.75, would you suggest I hold or cut my losses and sell?

[A0wner21]

ARKK was made of only growth and future companies that would “disrupt” the world, problem is when rates go up and these companies are not making any money their longevity drops like a bomb. Tesla is holding ARKK up, if that drops sub 1k and under $600 ARKK is getting slaughtered. All the other companies were covid/wfh/future companies, low rates helped them stay alive, the problem is that money is tightening, their revenue( some had none) is dropping as life goes to normal, therefore ARKK getting doomped

[rectifryer]

ARKK was made of only growth and future companies that would “disrupt” the world, problem is when rates go up and these companies are not making any money their longevity drops like a bomb. Tesla is holding ARKK up, if that drops sub 1k and under $600 ARKK is getting slaughtered. All the other companies were covid/wfh/future companies, low rates helped them stay alive, the problem is that money is tightening, their revenue( some had none) is dropping as life goes to normal, therefore ARKK getting doomped

absolutely.

Would not touch this stock at all.

Why buy any arkk fund? Just buy the main components....

[hamburgerbread]

Lol I have 100k in sark...

Too bad there's no inverse ,2x or 3x leverage for arkk...making a killing right now..

I'm selling otm ccs on my shares cause premium is juicy af

[kusok]

Lol I have 100k in sark...

Too bad there's no inverse ,2x or 3x leverage for arkk...making a killing right now..

I'm selling otm ccs on my shares cause premium is juicy af

How is it structured? What happens if her sheit pops? I hope you will get out in time then.

You see what happens to some of her stocks when Russel goes up like 1%, they jump 8% per day. Take that as a warning LOL. Cathy can rape you with a Tesla charging stick without lube if you’re not careful.

[hamburgerbread]

How is it structured? What happens if her sheit pops?

I'll do what any normal person does...keep adding more for cheap. Ded srs.

[ChunkBuster]

I had about $40k in ARKF and the price was stagnant for a year. Decided to sell at break even after a lot of thought around $52.

Thank fck I sold as it tanked after.

I doubt I’ll ever buy ark finds again.

I’m in cyber, lithium and electric vehicle ETFs now.

I gamble every six months a few k on some precious metals stocks too.