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Old 12-30-2021, 02:05 PM
 
3,497 posts, read 2,193,200 times
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Quote:
Originally Posted by My Kind Of Town View Post
Per Fintel, only 10,000 shares currently available to short ARKK at 5.94% borrow rate. Shorts are about to get squeezed.
Down to 1,000 shares now and borrow rate up to 6.8%
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Old 12-30-2021, 02:44 PM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,490,601 times
Reputation: 9915
Quote:
Originally Posted by My Kind Of Town View Post
Per Fintel, only 10,000 shares currently available to short ARKK at 5.94% borrow rate. Shorts are about to get squeezed.
Had a feeling shorts were causing the downward spiral. The funds holdings are solid, no reason for the downward spiral IMO. Wish I had the cojones to buy more right now, but I'm just going to hold my ARK funds long and keep pouring money into VGT.
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Old 12-30-2021, 03:00 PM
 
106,732 posts, read 108,937,910 times
Reputation: 80213
Quote:
Originally Posted by flamadiddle View Post
Had a feeling shorts were causing the downward spiral. The funds holdings are solid, no reason for the downward spiral IMO. Wish I had the cojones to buy more right now, but I'm just going to hold my ARK funds long and keep pouring money into VGT.
Sold arkk at a profit today .. threw the money in voo for now until ark plunges again


YOU SOLD ARK ETF TR INNOVATION ETF (ARKK) (Cash)Close Popup
Symbol ARKK
Description ARK ETF TR INNOVATION ETF
Shares -322.000
Price 98.15
Amount $31,604.10
Fees $0.20
Settlement Date 01/03/2022
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Old 12-30-2021, 03:21 PM
 
10,864 posts, read 6,493,031 times
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It is not shorts,it is 2022 4 rate hikes and inflation at 6%
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Old 12-30-2021, 03:27 PM
 
106,732 posts, read 108,937,910 times
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No one knows how markets will react …typical with rates so low these increases should not do much after a knee jerk reaction .

We have had booming markets with far greater rates
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Old 12-30-2021, 04:10 PM
 
3,497 posts, read 2,193,200 times
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Quote:
Originally Posted by mojo101 View Post
It is not shorts,it is 2022 4 rate hikes and inflation at 6%
Borrow rate up to 7.47% now. WOW

https://fintel.io/ss/us/arkk
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Old 12-30-2021, 04:13 PM
 
3,497 posts, read 2,193,200 times
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Quote:
Originally Posted by flamadiddle View Post
Had a feeling shorts were causing the downward spiral. The funds holdings are solid, no reason for the downward spiral IMO. Wish I had the cojones to buy more right now, but I'm just going to hold my ARK funds long and keep pouring money into VGT.
Yep. It’s the same with biotech (look at XBI this year) and anything china related. Reversion to the mean in 2022, which is why I also added ARKG and KWEB this week.
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Old 12-30-2021, 06:53 PM
 
148 posts, read 309,768 times
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Quote:
Originally Posted by Strannik33 View Post
I am old enough to remember the hype of the late 90s. People went crazy about the tech funds like those by Van Wagoner with their eye-popping returns. Does anybody remember them now? ARKK is no different, sorry.

Every decade or two, the new generation needs to be reminded. The best storyteller is a salesman or saleswoman, and Cathie played the role perfectly. In 2020 and early 2021 you could not turn on CNBC without seeing her giving her best sale pitch.



I personally know people who insisted she had the secret formula, there's no way she can lose, her method is foolproof, and they put in substantial amounts of money into ARK funds back in Feb 2021. They have been very quiet since March.
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Old 12-30-2021, 07:42 PM
 
3,497 posts, read 2,193,200 times
Reputation: 1950
Quote:
Originally Posted by Rikaku View Post
Every decade or two, the new generation needs to be reminded. The best storyteller is a salesman or saleswoman, and Cathie played the role perfectly. In 2020 and early 2021 you could not turn on CNBC without seeing her giving her best sale pitch.



I personally know people who insisted she had the secret formula, there's no way she can lose, her method is foolproof, and they put in substantial amounts of money into ARK funds back in Feb 2021. They have been very quiet since March.
Again, regression to the mean. Clearly 100%+ annual returns aren’t sustainable. I think she’ll outperform the index in 2022.
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Old 12-31-2021, 02:26 AM
 
106,732 posts, read 108,937,910 times
Reputation: 80213
Quote:
Originally Posted by Rikaku View Post
Every decade or two, the new generation needs to be reminded. The best storyteller is a salesman or saleswoman, and Cathie played the role perfectly. In 2020 and early 2021 you could not turn on CNBC without seeing her giving her best sale pitch.



I personally know people who insisted she had the secret formula, there's no way she can lose, her method is foolproof, and they put in substantial amounts of money into ARK funds back in Feb 2021. They have been very quiet since March.
I always find it interesting how managers like sonu Kalra and will danoff are not in the spotlight yet they beat Cathie’s record over the last 3 years
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