Cathie Wood Begins Shorting Ark Innovation

In an unprecedented move, legendary stock picker Cathie Wood, stated she has began to short her own ETF, Ark Innovation.

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Disclaimer: This is a satirical article.

“To hedge my tech bets, I have initiated a large short against my own ETF. The risk/reward is quiet attractive here and I will continue to accumulate additional shorts. My price target is negative $4,000.”

To hedge my portfolio, I have began to short $ARKK

— Cathie Wood but young (@CathieWoodyoung) January 27, 2022

Long time bear, Mark Spiegel was seen celebrating this victory by wiping poo and pee over his naked body while screaming into the void about Elon Musk being a fraud.

This post first appeared on The Stonk Market

Disclaimer: This is a satirical article.