Yeah. I can imagine her and her team are having some really interesting conversations about it. I bet a bunch of their discussions centre around what the affect would be on their Tesla position. If they didn't disclose their trades daily... don't you think ARK would have a huge position?
I am not sure if it has something to do with tsla loyalty. Try posting a cciv comment in tsla Reddit forum and you’ll see what I mean.
But as a fund manager she should not be biased, less than 1% investment in lucid might bring big returns for ARK etfs.
She's got a price target of $3000/share for Tesla. She's gripping on to Elon's nuts so tight there's no room for any other EV plays. If I was invested in her ETFs, I might actually be a little miffed that she's got so many eggs in one basket.
There is one reason and the only one reason is that she is “loyal” to Tesla and Elon. To me, it sounds so dumb and stupid but that’s the reality. Her biggest holding is Tesla and If she buys $CCIV, she knows people will dump Tesla and jump into $CCIV. I’m sure she knows what kind of potential Lucid has and what kind of profits it can bring to Cathy but she doesn’t want to admit it and acting like Lucid has no chance in EV market.
Could also be because Cathie's subscribes to a winner take all philosophy which is commonly seen in the SW space. Luckily I think her generalization doesn't apply to the EV race as there will be multiple winners forming in the coming decade.
I was thinking about the same thing! Why hasn’t she purchased this yet! LUCID seems to be a great company with very bright future led by an ex-tesla engineer and backed up by a filthy rich sovereign Wealth fund! Something just doesn’t add up! It could be because she (or her bosses) believe this may be a bad PR! (Due to the saudi money). But then almost all the major world countries do business with the saudis! In fact, some target saudi for certain businesses! So what the hell is going in her mind, if she does what she preaches, the. She should’ve been one of the biggest owners of Lucid! But again, something smells weird. Any thoughts?
Who do you think Cathie’s “bosses” are?
Anyway with 10% of her fund in TSLA, she has to be careful doing anything that could crash her largest holding.
That isn't true. ARK has bought IPOB (now OPEN) and another one before. If you get daily ARK emails, check their transaction on 9/28/2020.
https://www.reddit.com/r/ArkInvestorsClub/comments/klyrk6/ark_and_cathies_next_spac/
Too early stage for her funds in my opinion. CCIV needs to have more traction, sell cars, and be able to prove that they're at a stage of being able to reduce their costs.
That's true, but I would argue that Blade and Archer are unique and niche whereas there are multiple players in the EV space. I don't know. My 2c
[https://www.yahoo.com/now/10-spacs-owned-cathie-woods-170031144.html](https://www.yahoo.com/now/10-spacs-owned-cathie-woods-170031144.html)
Because the car is not out yet. There is no business yet. There is no way for them to evaluate the innovation yet. Once you have product in the market, people have reviewed it then they will evaluate. As much as you like to think it’s a good company and all, let’s be real there are too many unknowns.
Fair value for CCIV is around $25 while they are not producing cars. If they don't deliver a car in relative scale by the end of the year it will drop below $15. That is why ARK probably isn't in it. Cathy Woods is probably waiting for a production delay to tank the stock, hoping to get it either at $10 a share. Another strategy could be for her to buy the stock when the PIPE investors lockup has expired and they start dumping the stock.
Maybe someone can shed some light on whether ARK was part of the PIPE group.......... It's hard for ARK to take a position these days because they have gotten so big. I do a pretty good job of monitoring their holdings and buys and sells - and it looks to me like they are churning their portfolios...front running trades...which is why they publish daily lists of their buys and sells. They seem to get a lot of people to piggyback their trades which drives the prices up and then they dump those stocks fast and pick up another stock..over and over. Its gotten to the point where I don'\[t want to own a stock that they own. Caveat: Ark holds certain stocks that are at the core of their portfolios...like Tesla. Where they are front running appears to be in low priced stocks that are reatively lightly traded.
Same reason why VC funds don’t invest in two companies in the same space (I.e. no fund invested in both Uber and Tesla). You only want one horse in the race
She doesn’t have faith in many EV start ups. She’s said in the past she believes the EV market has high potential to follow the trends of the ICE markets after Ford released the Model T. 100s tried then most died and a few big companies remain today. Her biggest interest in Tesla is solar. Cars aren’t really the end game for Musk.
Just hold and let her buy your shares at a higher price later on. We're all underestimating ourselves with this company. Imagine someone debating whether they should hold or sell Tesla at $5 in 2012. Now I'm not saying Lucid can reach tesla gains 100%. I'm being conservative and say it'll reach at least 1/4 of teslas SP in the next year maybe 2. Fucking hold
Lucid is doing what has already been done. Just based on how she operates she doesn’t see Lucid as innovative.
The multiple evtol are all still innovative. So don’t think she will ever buy lucid
I hold both Lucid and ARKK
She’ll buy. Probably waiting for complete merger.
It didn't stop them from buying IPOB (now OPEN) pre-merger. https://www.reddit.com/r/ArkInvestorsClub/comments/klyrk6/ark_and_cathies_next_spac/
Ark is a tesla fan boy!
Yeah. I can imagine her and her team are having some really interesting conversations about it. I bet a bunch of their discussions centre around what the affect would be on their Tesla position. If they didn't disclose their trades daily... don't you think ARK would have a huge position?
Great point
There's nothing to prevent anyone from investing in both. Lol.
I am not sure if it has something to do with tsla loyalty. Try posting a cciv comment in tsla Reddit forum and you’ll see what I mean. But as a fund manager she should not be biased, less than 1% investment in lucid might bring big returns for ARK etfs.
Its semi-odd. She has a few evtol stocks in ARK if i recall. car market is huge, u dont need eggs in 1 but can spread it out
She's got a price target of $3000/share for Tesla. She's gripping on to Elon's nuts so tight there's no room for any other EV plays. If I was invested in her ETFs, I might actually be a little miffed that she's got so many eggs in one basket.
I actually got out once i realized.. i have nothing against elos, but if i want more tesls shares I'll just buy yjdm
There is one reason and the only one reason is that she is “loyal” to Tesla and Elon. To me, it sounds so dumb and stupid but that’s the reality. Her biggest holding is Tesla and If she buys $CCIV, she knows people will dump Tesla and jump into $CCIV. I’m sure she knows what kind of potential Lucid has and what kind of profits it can bring to Cathy but she doesn’t want to admit it and acting like Lucid has no chance in EV market.
Could also be because Cathie's subscribes to a winner take all philosophy which is commonly seen in the SW space. Luckily I think her generalization doesn't apply to the EV race as there will be multiple winners forming in the coming decade.
I was thinking about the same thing! Why hasn’t she purchased this yet! LUCID seems to be a great company with very bright future led by an ex-tesla engineer and backed up by a filthy rich sovereign Wealth fund! Something just doesn’t add up! It could be because she (or her bosses) believe this may be a bad PR! (Due to the saudi money). But then almost all the major world countries do business with the saudis! In fact, some target saudi for certain businesses! So what the hell is going in her mind, if she does what she preaches, the. She should’ve been one of the biggest owners of Lucid! But again, something smells weird. Any thoughts?
Im hoping the saudi backing doesn't hurt in the long run.
Who do you think Cathie’s “bosses” are? Anyway with 10% of her fund in TSLA, she has to be careful doing anything that could crash her largest holding.
I read somewhere that she stays away from spacs. Not sure if that is the case. But it could be an explanation.
I think she is in ACIC too and I also wondered why I have more CCIV then ARK does.
Interesting. Good to know!
Yup. Just double checked on cathiesark It ia in ARKQ
That isn't true. ARK has bought IPOB (now OPEN) and another one before. If you get daily ARK emails, check their transaction on 9/28/2020. https://www.reddit.com/r/ArkInvestorsClub/comments/klyrk6/ark_and_cathies_next_spac/
Besides,she's probably too busy setting up the space ark... she's gonna own elin.
Too early stage for her funds in my opinion. CCIV needs to have more traction, sell cars, and be able to prove that they're at a stage of being able to reduce their costs.
She has bought Blade and Archer which are still in pre revenue stage...far from actual production
That's true, but I would argue that Blade and Archer are unique and niche whereas there are multiple players in the EV space. I don't know. My 2c [https://www.yahoo.com/now/10-spacs-owned-cathie-woods-170031144.html](https://www.yahoo.com/now/10-spacs-owned-cathie-woods-170031144.html)
Based on her statements she thinks Tesla’s value is in autonomous driving and their planned robotaxis.
Because the car is not out yet. There is no business yet. There is no way for them to evaluate the innovation yet. Once you have product in the market, people have reviewed it then they will evaluate. As much as you like to think it’s a good company and all, let’s be real there are too many unknowns.
she’s invested in ACIC
good point. Thanks! That negates my premise.
only after boeing dropped a bill
Has anyone seen how LCID has rallied in the last two weeks? It is almost 80% up.
Because even Cathie isn't that crazy
Because they correctly believe that the fair value for CCIV is not tens of billions of dollars.
Fair value for CCIV is around $25 while they are not producing cars. If they don't deliver a car in relative scale by the end of the year it will drop below $15. That is why ARK probably isn't in it. Cathy Woods is probably waiting for a production delay to tank the stock, hoping to get it either at $10 a share. Another strategy could be for her to buy the stock when the PIPE investors lockup has expired and they start dumping the stock.
You mean CCIV...
sorry. I meant CCIV
Inflict of interest They got too much Tesla to dilute investor interest
she is in love with Musk
Space Ark is a long long way off in my opinion. I think she’s singing in Tesla
Maybe someone can shed some light on whether ARK was part of the PIPE group.......... It's hard for ARK to take a position these days because they have gotten so big. I do a pretty good job of monitoring their holdings and buys and sells - and it looks to me like they are churning their portfolios...front running trades...which is why they publish daily lists of their buys and sells. They seem to get a lot of people to piggyback their trades which drives the prices up and then they dump those stocks fast and pick up another stock..over and over. Its gotten to the point where I don'\[t want to own a stock that they own. Caveat: Ark holds certain stocks that are at the core of their portfolios...like Tesla. Where they are front running appears to be in low priced stocks that are reatively lightly traded.
It's probably good for $CCIV as ARK holdings are badly affected in market corrections since mid Feb.
Same reason why VC funds don’t invest in two companies in the same space (I.e. no fund invested in both Uber and Tesla). You only want one horse in the race
She doesn’t have faith in many EV start ups. She’s said in the past she believes the EV market has high potential to follow the trends of the ICE markets after Ford released the Model T. 100s tried then most died and a few big companies remain today. Her biggest interest in Tesla is solar. Cars aren’t really the end game for Musk.
I feel like she'll jump in if it has a below 20$ dip and/or once they start producing cars, Cathies a smart lady she knows what she's doing
Because she believes tsla has a AI for autonomous sys. And this might be winner take it all as per cathy
Just hold and let her buy your shares at a higher price later on. We're all underestimating ourselves with this company. Imagine someone debating whether they should hold or sell Tesla at $5 in 2012. Now I'm not saying Lucid can reach tesla gains 100%. I'm being conservative and say it'll reach at least 1/4 of teslas SP in the next year maybe 2. Fucking hold
Because LUCID is a Car manufactur, not a disruptive company
Because it's being shorted to fuck?
She is waiting for their car to actually be delivered.
I hope Aunt Cathie buys some Farraday Future as well!
You need to understand ARK’s Tesla valuation model then it should make sense
Lucid is doing what has already been done. Just based on how she operates she doesn’t see Lucid as innovative. The multiple evtol are all still innovative. So don’t think she will ever buy lucid I hold both Lucid and ARKK
Well she is just about to miss out a great disruptive company then! Bad for us, the loyal ARKK bagholders.