RE:RE:RE:RE:As of today ARK still holds 122,015 PYR shares This is also incorrect.
PYR shares are held in ARK's PRNT fund, which is a passive index fund, meaning the only adding (purchasing) of more PYR shares (or any shares in the fund) is done when the fund itself receives net inflows of new money from investors. That hasn't happened in months.
ARK PRNT fund has mostly seen net outflows since February (aside from a brief spurt in April), meaning less money coming in than going out. When money goes out of the fund, the fund sells off some of the shares of each holding, hence why PYR share counts in ARK have decreased. Since ARK PRNT has mostly been down since February, they're reduced their holdings in stocks in the fund across the board.
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ARK PRNT Inflows vs outflows HARJAY wrote: at even $5, it represents $610,000. Not even pennies for ARK.
I think the question is when and at what price did she originally buy in at. We all now she bought in a while ago and most probably at much lower than what it is even today , she she too some profits and put it into other co's. for now.
She is an active fund holder not passive and goes where the next great co. and deal. I'll bet when PYR announces the first contract she will be right back in there for a longer term hold cause she ain't stupid and very well knows the longer term potential of PYR's tech .