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SkyRiver
The Electric Viking
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Comments by "SkyRiver" (@SkyRiver1) on "Cathie Wood sold 60% of ARK's Tesla position - crash coming?" video.
I hope Tesla goes down again, but I doubt that is gonna happen. I bought on the dip, but I should have bought more at 889, a lot more. I kind of doubt we will see a big discount for a while, and even then it will be relative to the current price.
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I had ARk genetics,, I finally just got sick of seeing a loss each day. I think it lost thirty percent or so in the last year. Everyday I would look at my portfolio and ARK would go down but Nvidia would go up enough to cover my loss. Finally, screw this, it just ain't turning around again. Took a big hit, but glad I got rid of it. Now my Nvidia isn't just covering ARKs losses, it's paying off like clockwork, only stock I own that consistently beats Tesla. I do think there is a big future in genetics but apparently not yet, and maybe better not through ARK. Woods problem is that she is too far ahead of the herd. You lose just as surely as if you are too far behind if you are too far ahead. You have to be right at the front of the mob, not out in front of it.
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Maybe but I wish my BYD was doing as good as TSLA, and I wish both of them were doing as well a Nvidia
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If you are waiting for TSLA to bottom out, I think you missed it. I hope it will go south again for a little while, but I doubt it very much. As for your theory about a buying opportunity for new investors, that is a fantasy. It all has to do with his own financials.
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