Daily update on $TSLA in actively managed ETFs (3/25) ARK continues to buy $TSLA, yesterday for $ARKK and $ARKW (ARKQ already over 10%). Both purchases were slightly watered down due to some outflows. Wonder how the fund managers who sold this month are feeling. 🐮💙💚🖤💜
@TeslaBoomerMama Fund managers who sold are feeling FOMO and uncertainty around when to enter. The possibility of backlash from clients also exist if they ended up selling the lows. Exiting isn’t the hard part. Finding a good re-entry for them is by far more challenging 🥹
@TeslaBoomerMama The loud voice of FFND is muted by its very stake. By that measure rates an ignore. 😉
@TeslaBoomerMama 1) Watch TSLA get whacked when they "miss" what Wall Street thinks Q1 production and sales should have been. 2) Watch Tesla Retail Investors and ARK buy more shares on the dip. I think ARKQ is >10% now, but not when TSLA drops... 🤔😉
@TeslaBoomerMama You mean people like Kelvin? And the analyst downgraded $TSLA at the bottom? They keep us entertained 😂
@TeslaBoomerMama Those who sold are probably waiting for P&D numbers to come out and benefit from an epic miss this quarter re WSexp to real numbers. And then will buy again once stock price is lower.