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ARK Innovation ETF ARKK

The investment seeks longterm growth of capital. The fund is an activelymanaged exchangetraded fund ETF that will invest under normal circumstances primarily at least 65% of its assets in domestic and foreign equity securities of companies that are relevant to the funds investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. It may invest in foreign securities including investments in American Depositary Receipts ADRs and Global Depositary Receipts GDRs and securities listed on local foreign exchanges. The fund is nondiversified. The fund is an actively-managed exchange-traded fund (ETF) that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the funds investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets.


ARCA:ARKK - Post by User

Comment by Paray99on Dec 15, 2022 10:00am
160 Views
Post# 35172979

RE:Bottom?

RE:Bottom?

Holdrrrr wrote: This thing bottom yet guys, or is it drilling to china?  Holy canoli

I need a big winner, one year timeframe

 

The answer is simple "NO". There is lot more to go down if you believe how this fared before pandemic. Remember, if anybody bought this at its peak, he need to now wait for this to go up by 500% to get back his money. That is not going to happen if Cathie Wood keep pumping on Zoom, Tesla, Bitcoin, etc. Elon himself selling Tesla at every single opportunity! Analysts will have lot of theories, but the fact is that Elon is even selling at $160 a share.

In the coming years, many other players will take a big chunk of EV market share. 

Zoom is already done to some extent. If you are in any business, you will know that Microsoft Teams is much used these days by professionals. In a way, people are tired with virtual meetings. 

Bitcoin.... everyone accept it as a scam! No need to tell anything more. 

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