Post by
speedy99 on Feb 18, 2022 11:28am
SARK
looks like a good place to be today, up 6 per cent. I believe HotDog has a position. Its the inverse ETF for Cathie Woods innovation fund. Cathie Woods quoted in the papers today as saying its ridiculous to bet against American innovation. But it seems to have been a good bet so far since SARK came into being not long ago. The trouble I would have with this inverse ETF is that I would agree with the bet against many of WOODs holding including TESLA and BITCOIN, etc., but would not want to be betting against TDOC at these levels. I believe its earnings come out next week, and that news might have some impact on WELL as we are often lumped in with the telehealth sector. I mention SARK here only because to some extent people view WELL as a disruptive or innovative stock, but its a long ways from the holdings in Cathie Woods innovation ETF. But SARK gives you a tool for measuring the appetite for companies based on future earnings and with an intent to disrupt traditional businesses.
Comment by
HotDiggityDogg on Feb 18, 2022 11:38am
I am about to take my losses from FB ( big ) and go long on TDOC. Been watching TDOC for a very long time and like it at these levels. I have been short ARK but no longer as I think we are at the end of the beating. I owned Livongo before it was bought by TDOC and my shares transferred to become TDOC. Sold them at an unbelievably high price compared to where TDOC is now.
Comment by
HotDiggityDogg on Feb 18, 2022 12:04pm
Monty can you convince someone who is trying to decide between TDOC and (more ) WELL... why they should consider adding to their WELL shares vs. Open a long position in TDOC?
Comment by
Capharnaum on Feb 18, 2022 12:10pm
WELL is cheaper on all metrics and financial results should show less volatility?