Cathie Wood Begins Shorting Ark Innovation


(MENAFN- ValueWalk) Image source: CNBC Video Screenshot

In an unprecedented move, legendary stock picker Cathie Wood, stated she has began to short her own ETF, Ark Innovation .

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Q4 2021 hedge fund letters, conferences and more

Greenlight Beat The S&P In Q4: Here Are The Fund's Biggest Winners

David Einhorn's Greenlight Capital funds were up 11.9% for 2021, compared to the S&P 500's 28.7% return. Since its inception in May 1996, Greenlight has returned 1,882.6% cumulatively and 12.3% net on an annualized basis. Q4 2021 hedge fund letters, conferences and more The fund was up 18.6% for the fourth quarter, with almost all Read More

Disclaimer : This is a satirical article.

“To hedge my tech bets, I have initiated a large short against my own ETF. The risk/reward is quiet attractive here and I will continue to accumulate additional shorts . My price target is negative $4,000.”

Long time bear, Mark Spiegel was seen celebrating this victory by wiping poo and pee over his naked body while screaming into the void about Elon Musk being a fraud.

This post first appeared on The Stonk Market

Disclaimer : This is a satirical article.

Updated on Jan 27, 2022, 3:41 pm

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