(Post 188/Yr 6) ARK Investment Management Daily Trades 5/25/2022[Still buying Roku , Tesla and selling Spotify and SEA LTD at a loss!? ]
By Sonicericsg  •  May 26, 2022
5/25/2022 Short summary of Ark trades for 5/25/2022 As per the previous summary, Ark invest continues to buy Tesla, despite the fact that it has increase over 4% since the previous summary. Is the $600-$700 price range truly the lowest Tesla will go? Nobody truly knows. On the other hand, Ark Invest has continue to acquire ROKU, which I have previously mentioned is a split consensus among Ark Invest redditors as to whether it is a good investment or not owing to people preferring streaming services such as Amazon, Netflix, and Disney. Other significant sell are SEA Ltd and Spotify Technology. As mention previously , it's probably due to the low profitability and excessive competition? For instance, both YouTube and Apple Music are offered by Google and Apple as part of its bundles package , whereas Spotify only offer music as part of its service .This mean that Spotify revenue is only obtained through its application and...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).

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