COIN....anybody buy today?

[Ricboff]

Queen Wood is dumping AAPL/BIDU and doubling down on tech bubble # 2 stocks. face)(*^%

she owned aapl? didnt know that. whcih stocks is she adding to ? I looked under the hood, has 55 stocks in arkk, so not bad. tsla heavy at 10%, yikes. roku, shop, square all seem okay to me, am certainly not a fundamentalist tho. SHOP is a beast, goog just signed a deal with them. sold puts on them recently (pure tech. analysis play), got a bit lucky with the goog news, but am prepared to take ownership if assigned , dont think that will happen so good haha!


https://techcrunch.com/2021/05/18/google-partners-with-shopify-on-online-shopping-expansion/




why does she like teladoc so much? 6% equity position?


what is dangerous is that apparently she now owns sizeable positions in a few companies we are talking near 20%-this can present an issue with liquidity if shit hits the fan....... technically, last week hammer pattern on the weekly, anxious to see this weeks candle print


SD her position in COIN is 3%

https://ark-funds.com/wp-content/fundsiteliterature/holdings/ARK_INNOVATION_ETF_ARKK_HOLDINGS.pdf

 

[snoop]

There is stock market, and there is a cult stock market. SHOP is a part of the cult club (AAPL, FB, AMZN, MSFT, NVDA, ABNB, TSLA, ADBE, INTU, SHOP... U and RIVN could be new members of the cult).

I can see why Cathie is heavy in TDOC. She is betting on telehealth adoption from gen Z. The risk is this business model is not that hard for others to copy (major hospitals already doing this...)

I like the hybrid model of Signify Health (SGFY). They're running both virtual care and in home evaluation. They're serving 1.6M beneficiaries of Medicare Advantage (MA has about 75M members), so there is a lot of runway for Signify Health. ARKK holds 10% of SGFY. I think long term, US healthcare system is leaning toward Canada. As population is getting older, MA members will increase, it's a big voting block for either party to screw it up.

SGFY is a strong buy at this price.

 

[Ricboff]

what does SGFY do exactly ?

must be a new compnay, not much data on the weekly chart

geez, its not a healthy chart, gotta hold this level ........holy molly

read Wood is buying DIS? huh ?...if she starts buying KO well, she likely fades from storylines

 

[snoop]

Signify is a small healthcare provider. 2/3 of sale came from in-home assessment service. Basically they're sending doctors/nurses to patient homes to do a minor checkup...etc, when they find anything beyond their pay scale, they'll connect the patients to another providers/hospitals. The model is similar to Amazon Health. Signify Health is a new startup, if the company can grown ( it is) stock price will catch up.

ARKK is investing heavily in companies that promise 'cash flow' in the next decade or so, Jay Powell's tapering comment set off a major rerating on all of Cathie positions and a lot of hyper growth stocks. 5-yr time horizon is a big flaw in her investment thesis. I mean, if you like the business, you should hold on to your investment as long as you can unless your thesis/model is broken (Berkshire: KO, JPM, AMEX...etc), so why 5-yr? Tesla is the only winner in her fund. What if she bought TSLA in 2014 and sold it in 2019 (TSLA doubled during this period)? Without TSLA, ARKK would be trading @$45 - @$50 right now. EV's sector has a lot tail wind due to tax payor promo, it probably still have room to run, who knows how much longer...

 

[mickj]

(Berkshire: KO, JPM, AMEX...etc) Do you believe these stocks are "broken" or just don't fit Berkshire's thesis?

 

[snoop]

Buffett loves companies that are swimming in cash. He won't sell KO, JPM, AMEX, and APPL...Wood has a 5-yr price target for her fund. Very strange. Let's assume she hit her target then what, take $ and run? Start a new fund?

She is a seasonal trader riding high during the boom market, they all will revert back to the mean eventually.