Okay, but why is it bogus?
Stick & Rudder
Posts (46)
Seems like this is heading back under a $1 to the $0.60 range that it held from 2006-2020. Hopefully something positive develops to get the trend reversed; not optimistic at this stage though…
Not sure if institutional data below is accurate. Ark ETF, for example, according to their fund holdings, reports approximately 16.8 million shares across four of their funds. So, is Ark Investment LLC different than Ark ET? If not then numbers are off by 8 million or so. Providing source helps others validate and understand where numbers are coming from and date of data, etc.
$NNDM Actually, fund reports show a decline of 53,605 in ARKQ. An increase of 24,096 in ARKW, no change in IZRL, and a decline of 19,401 in PRINT. Overall, that is a net decline of 48,910 shares held across all 4 funds.
$CBAT Read the whole SEC notice. It seems there is no mandatory requirement for any action. It appears to be just advisory in nature. Did I miss something?
Markets responding to 10 year yield!
$NNDM So, question is: With increases in taxes, regulations and interest, and subsequently higher costs, will there much capital left or a willingness to acquire new equipment?
$NNDM hopefully we will not see sub 8, but it did hit 7.88 in Europe this morning.
$NNDM To help put things in perspective, based on facts, that is... As of last Friday, ARK still holds 13,766,283 shares across three of their funds!
$NNDM It seems chip shortage is not unique to auto industry or its ability to predict demand as suggested, but rather a lack of fabrication facilities to keep up with demand across numerous industry sectors.