Since you believe so strongly in destroying the little guy, why don't you long some CL futures right now! Go ahead! All signs point to yes!
When ARkK was short to its Feb 2020 price, I think bears should be happy. Maybe they cover their short and left SARK goes no where.
Don't worry, the bears will be back with a vengeance when the Fed raises by 50 BPS and the market comes back down 10% and SARK soars back another 50%. Crash crash crash. That's all they want in this world. Negativity. In fact, Ken Calhoun is so negative he ignores/blocks anyone who calls him out on being negative and abusive to people who wish to be positive. Bears are assholes. WTF is with these people who hate other humans and wish to see them crash and burn, all the while claiming that they are just "making money up and down" and have a neutral stance? Boggles the mind.
right. It just broke the rising trend line a few days ago. anyway, it is a rather choppy messy chart. not easy for swing traders to trade it.
I believe, everyone is pricing that in already, because it's the most likely expectation. But we have plenty of other catalysts that can cause another tech-wrek. New covid mutations, chemical weapons, nuclear... etc, etc, etc. So much opportunity to cause more panics, good times to bet on it right now. Maybe I'm just too old-fashioned and have read too many Buffett Boomer books. But when I see such RIDICULOUS PE evaluations and other insanity (particularly by know-it-all millennial investors), I can't help but enjoy sitting back and waiting for gravity and some sense of sanity to eventually win out as it always does in the end. I see that millennials are aping into GME again for the sole reason there was a stock-split. Holly shit, they fell for it again. The oldest trick in the book, and they STILL fell for it! But this time it's different. Ehh?
I bought 200 shares ARKQ at 63.99 (2/7/22)...I then optioned the Jan 23 $79.39 (strange option price). I got $3.00 ($600. minus fees). Sitting good with it...