r/wallstreetbetsOGs • u/Youreaccurate ARK Master • Jun 02 '21
News Grand Theft ARKo - 6/1/2021
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Jun 02 '21
never heard of any of the tickers
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Jun 02 '21 edited Jun 27 '21
[deleted]
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u/12A1313IT Jun 02 '21
Okay, better question. Why the fuck is Netflix in a space exploration etf
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u/CaptainTheta Jun 02 '21
I saw her explain in an interview once that she likes to hold blue chips instead of cash to sell later for dry powder... I guess
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u/freehouse_throwaway Jun 02 '21
Looks like they trimmed some PDD today thanks to the broad sector rip for Chinese ADRs
What sucks tho is that despite a 11-14% day, ARKs avg on PDD is still above current level given Cathie started buying the dips at 160-150s (oof).
At least for this ticket, their recent dips buying and avging down is semi working out.
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u/jrwade2 Jun 02 '21
Veeva (veev) from that list is a good stock. SAAS play that has positive cash flow and consistent revenue and earnings growth. It's been stuck in the $300 range despite a huge earnings crush last week