I invested as a believer in Cathies vision of a five year outlook on her holdings. (Initially, buying at all time high at 130's)
But the holdings are getting crushed. Teledoc, #3 in percentage of holdings after hours tanked 30%.
Does anyone think the stock will get back up to ATH's? Are we thinking 5 years or more like 10?Or is her growth thesis is deeply flawed, and her belief ARKK will recover is crazy?
DCA?
ARKK is gonna be a bargain tomorrow.
I'm thinking she's seeing the world through rose colored glasses. High growth stocks with crazy p/s is over.
Leave a Reply