is Cathie Wood’s fund in trouble?

The_Krakenite said:
For comparison, let's look at how shit this zombie-penny-stock company performs and loses investor's money:

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Now you see why it's a penny stock in the shit-gutter with the reset of the trash. Those poor fools who can't afford Enbridge/Pembina think this is some easier/cheaper way to go from a rags-to-riches story if they just hold on long enough. There is a good reason this company can't even pay dividends and will never be able to. They can't even manage their own debt.
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I just realized you didn't even look at 2021 earnings in your chart. Are you not aware a huge economic recovery started in March 2020 and the beginning of a new multi-year commodity bull ? How can you ignore 2021 earnings buddy it's the most important number out there !!!

Check out ATH's 3rd quarter earnings 2021. Net income of 0.19 for three months on stock priced at 1.04 at the time ( annualized that'd a P/E of around 1.25 ). I remember it well I piled back into the stock it was bargain priced and the turn around was clear. Now I'm fully aware 0.19 a quarter isn't going to be regular ( there is some accounting involved ) otherwise the stock should be at least $10 a share. But it shouldn't have been $1.04 either, and $2 at a minimum seems inevitable especially since WTI is even higher now. So it's no surprise it's at $1.64 now although it got stuck at $1.30 at one point ( somebody unloaded a ton of shares I believe I know who but let's not get into that ).

How on earth can you post those numbers and ignore three quarters of posted results in 2021 ? I mean seriously, WTI has what doubled since and the balance sheets of these firms are transforming. Do you genuinely trade based on this kind of bs analysis ? Wow, I knew you were green but this analysis of yours was horrendous. You tried to slip by not posting 2021 I mean come on now would you buy or sell GOOG based on 2020 earnings ? How about Pembina ?
 
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From the CMTSU file (courtesy Futures Magazine email newsletter) :-

Cutting The Wood - A funny thing happened in the Ark Innovation CEO Cathie Wood's CNBC interview.

One of the largest positions in the ARKK fund is Zoom Technologies (ZM). During the interview, a pop-up on the screen from the Zoom teleconference stated, "Running Out of Time - Upgrade to Premium Version…".

The "rub" is ARKK owns around 5million shares of Zoom stock, and Cathie Wood is still on the FREE version of Zoom.
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Source: CNBC

:D
 
I noticed in her interview there was a section that was cut out & edited. I thought it may have been due to her sneezing or something. Now I see why.

I've seen almost as bad by that 13-MarketMoves daytrader on youtube. Once while doing some live interaction, a notice popped up on his trading account he didn't have enough funds for the trade. And it was only a 2K requirement or something small like that. Basically busted using a paper-trading account.
 
kmgilroy89 said:
Never say never. They might be able to muster up a dividend. Don't forget that DRYS did in 2018.
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In reality it's a company that turned around their situation in 2021 in a dramatic way. Stock has been one of the top performers on the TSX since he tried to trash it based on year old data.
 
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Nine_Ender said:
In reality it's a company that turned around their situation in 2021 in a dramatic way. Stock has
been one of the top performers on the TSX since he tried to trash it based on year old data. Some guys are just cynical losers.
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I admit I know little about it, but I'm generally not interested in stocks that have 99% retracements from their IPO. It's a volatile play on crude. However, using WTI as a benchmark you'll find this stock has gone down much faster when crude moves down than moves up when crude moves up. I don't know their current breakeven price compared to history. However, if oil drops to $25 again, just looking at the chart, I expect it goes down to 2 cents. If you recognized this stock in May 2020 and oil bottoming, good catch. However, unless you can actually pick tops and bottoms with oil, my guess is this stock is -EV. One thing I know is that you're not going to win long-term buying shit companies, hoping to catch the 1000%+ spike up. It's similar to going to the casino. The math is against you.
 
kmgilroy89 said:
I admit I know little about it, but I'm generally not interested in stocks that have 99% retracements from their IPO. It's a volatile play on crude. However, using WTI as a benchmark you'll find this stock has gone down much faster when crude moves down than moves up when crude moves up. I don't know their current breakeven price compared to history. However, if oil drops to $25 again, just looking at the chart, I expect it goes down to 2 cents. If you recognized this stock in May 2020 and oil bottoming, good catch. However, unless you can actually pick tops and bottoms with oil, my guess is this stock is -EV. One thing I know is that you're not going to win long-term buying shit companies, hoping to catch the 1000%+ spike up. It's similar to going to the casino. The math is against you.
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You can't analyze cyclical industries like that. My first purchase of ATH ( ever ) was at 0.15 in late 2020. I had solid reasons I bought it not some wild random gamble; speculative but based on the premise that WTI was going to $70 which it did.
 
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