is Cathie Wood’s fund in trouble?

Cathy had a good day yesterday. Think ARKK was plus 5 or so? Didn't check.

But then the calendar turned another page - today down -8.00% or so ATM. Back under $50, $49 ... soon (?) $48 .... $47

 

A lot of margin calls going out today... the wreckage is interesting to watch.

 

Wreckage? Her ancestors are still bullish on Titanic.

 

Cathie Wood’s ARK Innovation Sees Biggest Cash Inflow in a Year (yahoo.com)

 

Those lucky new investors are going to 50%+ returns ever year over the next five years

 

When it reaches penny-stock status, I may load up on a few round-lots just so I can say one day "Yeah... I owned hundreds of ARKK back in the day."

 

"The fund has gained 11% this week,..." Had gained.

It's now trading more than a buck below last's week close.

 

Surprised she's not in UPST. Another one down over 40% on earnings. She's usually adding to names like this right before.

 

Ahhh, I see ARKK has up-tick rule enforced. We don't want it to fall down too fast now do we?

 

ARKK started trading on 10/31/2014. As of the close it's up 101.4% since then. SARK started trading on 11/9/2021. As of the close it's up 133.9% since.