Thoughts on Cathie Woods
Whether you’re a fan of her or not, objectively speaking, she has been quite good in trading Tesla.
For the last 6 - 7 months ago, she has been picking up Tesla shares, notably in Mar, Apr, and July. On most of these occasions, Tesla was below $200.
But for the past few trading days, Cathie has been dumping Tesla’s shares as the share price hit $260s range.
Let’s just say her cost price was $200 (conservatively), and if she sold at $260 (conservatively again), that’s a 23% profits. 23% of $10,000 maybe not seem a lot. But for Cathie, we are talking about tens of millions of dollars in her funds.
In short, Cathie has been picking up Tesla shares when it’s cheaper, and used the rallies to dump shares. This is a classic smart money vs dumb money example - institutions dumping shares on retail investors.
Just to add, Tesla stock is up more than 40% in the past 6 months alone, beating the S&P 500's 15% gain over the same period.
This shows that we all need to stay objective, people. Don’t trade with emotions and feelings.
For the last 6 - 7 months ago, she has been picking up Tesla shares, notably in Mar, Apr, and July. On most of these occasions, Tesla was below $200.
But for the past few trading days, Cathie has been dumping Tesla’s shares as the share price hit $260s range.
Let’s just say her cost price was $200 (conservatively), and if she sold at $260 (conservatively again), that’s a 23% profits. 23% of $10,000 maybe not seem a lot. But for Cathie, we are talking about tens of millions of dollars in her funds.
In short, Cathie has been picking up Tesla shares when it’s cheaper, and used the rallies to dump shares. This is a classic smart money vs dumb money example - institutions dumping shares on retail investors.
Just to add, Tesla stock is up more than 40% in the past 6 months alone, beating the S&P 500's 15% gain over the same period.
This shows that we all need to stay objective, people. Don’t trade with emotions and feelings.
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10baggerbamm : I think Cathy Woods is a one hit wonder. she got lucky was in the right stocks and the market skyrocketed with those companies she owned Nvidia on the way up Tesla on the way up go right down the list of the mag 7 she expanded her business and kudos good for her take advantage of opportunities when they present themselves. and then she blew up and I don't mean in a good way she thought that she could pick every single solitary winner and her returns started yielding nothing but losses. she lags the market significantly all of her funds excluding obviously an ETF for Bitcoin because whatever Bitcoin does is what it does the fund but her equity funds now are complete train wreck.
she said Tesla's going to be a $30 trillion dollar company and the Optimus robots are 27 trillion yet she sells her stock in Tesla. she buys stocks that crash is what she now does I get her updates on a daily basis and if the stock crashes she's all over it so I suspect tonight she'll be an AMD as a buyer. she purchases a lot of little biotech companies that have crashed looking for Grand slam home runs and as of yet nothing. will she have another day in the Sun I don't know time will tell they say every dog has its day and I think she has had hers already.