10 months ago when I published my views about ARKK, I received so many bad comments..!
I did not change my mind and never published a Buy analysis on ARKK, Why?
Because I studied ARK invest at least for one year and I read the CEO background and her track record from the beginning!
So many people who believe in ARK invest just looking at the last 5 years, but CEO has a fascinating story in 2008..!
"Worst Performance" in 2008 and she did repeat it in 2021: -24% (40% from all-time high) in a year all indexes were positive between 13.7% to 27%..!
Now the question is what is her big plan for 2022???
This year will be much more difficult..!
I think her position as CEO of ARK invest will be challenged sooner or later in 2022..!
She was wrong about Energy and Financial sectors and paid the price for that..!
I think ARKK will go down to 70 in the first quarter of 2022..!
I did not change my mind and never published a Buy analysis on ARKK, Why?
Because I studied ARK invest at least for one year and I read the CEO background and her track record from the beginning!
So many people who believe in ARK invest just looking at the last 5 years, but CEO has a fascinating story in 2008..!
"Worst Performance" in 2008 and she did repeat it in 2021: -24% (40% from all-time high) in a year all indexes were positive between 13.7% to 27%..!
Now the question is what is her big plan for 2022???
This year will be much more difficult..!
I think her position as CEO of ARK invest will be challenged sooner or later in 2022..!
She was wrong about Energy and Financial sectors and paid the price for that..!
I think ARKK will go down to 70 in the first quarter of 2022..!