I posted prior that she would pay for taking on big oil, big
auto, etc. and that she needed them, they don't need her. She was
calling their businesses the "real bubble" not innovation. Well
yesterday she capitulated and sold some TSLA to buy, drum
roll...GM, that's right General Motors. So she refused to pivot
when wrong for many months when the fund collapsed from $159 to
$39. And now she wants to own GM. She also tossed in that she
thinks we are in a global recession. I've never seen a fund manager
behave this way. Totally upside down. Historic
There was a time when she owned some relatively speaking wise
more defensive healthcare names when the fund was in the triple
digits still, though she sold them to buy more of the non cash
flowing businesses. Pointing this out because I was watching for
this as another indicator for a rally near some lows and it has
aligned.
COIN - smacked along with
Posted by steve on 10th of May 2022 at 04:12 pm
COIN - smacked along with symbol U
Care to guess who's long both COIN and U? Answer: ARKK
I posted prior that she
Posted by fundamentalvalues on 11th of May 2022 at 06:59 am
I posted prior that she would pay for taking on big oil, big auto, etc. and that she needed them, they don't need her. She was calling their businesses the "real bubble" not innovation. Well yesterday she capitulated and sold some TSLA to buy, drum roll...GM, that's right General Motors. So she refused to pivot when wrong for many months when the fund collapsed from $159 to $39. And now she wants to own GM. She also tossed in that she thinks we are in a global recession. I've never seen a fund manager behave this way. Totally upside down. Historic
There was a time when she owned some relatively speaking wise more defensive healthcare names when the fund was in the triple digits still, though she sold them to buy more of the non cash flowing businesses. Pointing this out because I was watching for this as another indicator for a rally near some lows and it has aligned.
Both COIN and U are
Posted by mirhamedali on 10th of May 2022 at 08:12 pm
Both COIN and U are top 10 holdings for ARKK
holy smokes
Posted by morton7 on 10th of May 2022 at 05:25 pm
holy smokes