This is why we should be fearf

2022-03-09

This is why we should be fearful when she is greedy

Cathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD

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AhBart
2022-03-09
AhBart
I tend to agree with u. i think she’s not an investor
LimYH
2022-03-09
LimYH
Agreed

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It is currently trading much below its April IPO price of $40.</p><p>Ark Invest owns shares in TuSimple via two of its six exchange-traded funds — the Ark Innovation ETF ARKK and the Ark Autonomous Technology &amp; Robotics ETF ARKQ.</p><p>The St. Petersburg, Florida-based money managing firm held 11.4 million shares — worth $122.5 million— in TuSimple, before Tuesday’s trade.</p><p>The latest purchase represents a marginal boost to Ark Invest&#39;s stake but adds up to more than a 2% jump in the past week when the money managing firm loaded up more shares.</p><p>TuSimple’s unexpected management shuffle last week saw co-founder and CTO Xiaodi Hou taking over the CEO and chairman roles from Cheng Lu.</p><p>Although the company said it was part of a &#34;planned executive succession,&#34; the move spooked investors, sending its shares down 21% on Thursday and 13% lower a day later.</p><p>Wood had said she had “confidence in Xiaodi’s ability to execute on TuSimple’s autonomous strategy.”</p><p>TuSimple is developing commercial-ready, Level 4, fully autonomous trucks for customers. Ark Invest has also placed bets in electric vehicle companies Tesla Inc TSLA and Xpeng Inc XPEV.</p><p>Here are a few other key Ark Invest trades from Tuesday:</p><p>Bought 2,307 shares — estimated to be worth $16,702 shares— in Velo3D Inc VLD. The stock closed 5.3% higher at $7.2 a share on Tuesday.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-09 20:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/22/03/26053921/cathie-wood-continues-buying-spree-in-this-self-driving-trucking-startup-as-shares-drop-><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood's Ark Investment Management bought more shares in self-driving trucking company TuSimple Holdings Inc TSP on Tuesday, which has lost nearly 70% in market value so far this year.The stock-...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/03/26053921/cathie-wood-continues-buying-spree-in-this-self-driving-trucking-startup-as-shares-drop-\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/03/26053921/cathie-wood-continues-buying-spree-in-this-self-driving-trucking-startup-as-shares-drop-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145946617","content_text":"Cathie Wood's Ark Investment Management bought more shares in self-driving trucking company TuSimple Holdings Inc TSP on Tuesday, which has lost nearly 70% in market value so far this year.The stock-picking firm bought 21,619 shares in TuSimple, estimated to be worth $232,620 based on their last close of $10.7 a share.TuSimple has slumped about 38% in the past week. It is currently trading much below its April IPO price of $40.Ark Invest owns shares in TuSimple via two of its six exchange-traded funds — the Ark Innovation ETF ARKK and the Ark Autonomous Technology & Robotics ETF ARKQ.The St. Petersburg, Florida-based money managing firm held 11.4 million shares — worth $122.5 million— in TuSimple, before Tuesday’s trade.The latest purchase represents a marginal boost to Ark Invest's stake but adds up to more than a 2% jump in the past week when the money managing firm loaded up more shares.TuSimple’s unexpected management shuffle last week saw co-founder and CTO Xiaodi Hou taking over the CEO and chairman roles from Cheng Lu.Although the company said it was part of a \"planned executive succession,\" the move spooked investors, sending its shares down 21% on Thursday and 13% lower a day later.Wood had said she had “confidence in Xiaodi’s ability to execute on TuSimple’s autonomous strategy.”TuSimple is developing commercial-ready, Level 4, fully autonomous trucks for customers. Ark Invest has also placed bets in electric vehicle companies Tesla Inc TSLA and Xpeng Inc XPEV.Here are a few other key Ark Invest trades from Tuesday:Bought 2,307 shares — estimated to be worth $16,702 shares— in Velo3D Inc VLD. The stock closed 5.3% higher at $7.2 a share on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":41,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100771285,"commentId":"100771285","gmtCreate":1646830596717,"gmtModify":1663244872336,"authorId":4099263395755910,"author":{"id":4099263395755910,"idStr":"4099263395755910","authorId":4099263395755910,"name":"AhBart","avatar":"https://static.itradeup.com/news/5c8a0140b30f2d6c3be37b2ad1a1efe8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9038674847,"objectIdStr":"9038674847","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I tend to agree with u. i think she’s not an investor","text":"I tend to agree with u. i think she’s not an investor","html":"I tend to agree with u. i think she’s not an investor","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100772758,"commentId":"100772758","gmtCreate":1646839996782,"gmtModify":1663244873942,"authorId":3586223575744434,"author":{"id":3586223575744434,"idStr":"3586223575744434","authorId":3586223575744434,"name":"LimYH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9038674847,"objectIdStr":"9038674847","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>Agreed</u>","text":"<u>Agreed</u>","html":"<u>Agreed</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9038674847"}