Short summary of Ark trades for 5/23/2022
Similar as to previous summary, ARK continue to sold SEA at a loss, unless they purchase it pre pandemic or just when the pandemic started out as per the 5yr chart.Furthermore, a 7 day earlier article from seeking alpha stated that ARK made its first purchase on of SE at late 2021 at an average price of $151.Surprisingly, they purchased Tesla at its current price of $674.90. Perhaps ARK investors believe that this is the bottom after all? Nobody knows for sure, and only time will tell. In terms of the Coinbase purchase, it is also intriguing. If you visit forums such as Reddit, you will see that some Ark supporters support the Coinbase purchase while others believe Cathie made a mistake (about 50 percent support and 50 percent disagree with the purchase)...