Cathie Wood Begins Shorting Ark Innovation

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Cathie Wood Begins Shorting Ark Innovation
Image source: CNBC Video Screenshot

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

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“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.”

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.

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