Cathie Wood Begins Shorting Ark Innovation| MENAFN.COM

Friday, 20 May 2022 04:40 GMT

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 .

Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

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

MENAFN27012022005205011743ID1103604449


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.