ARK effect..!Assume you have invested your money and the fund manager keeps buying these stocks in the past few months..!
ARKK in its best days had never reached NET NET fund performance! but at the end of the story will be the same..!
The NetNet Fund, which is focused on Internet stocks, ballooned from about $10 million in assets in 1997, a year after its inception, to about $12 billion.
The Munder NetNet Fund gained 176% in 1999, which attracted more than $1 billion in assets. The fund then dropped 90% in the following three years before it was merged out of existence.
The 2008 story will be repeated soon..!
No one is able to fight Mr.Composite..!
If you are looking at these charts and see the same price pattern it is because the people with the same mentality trade the same asset with the same outlooks..!
Lets review my analysis for these 4 stocks:
Best,
Moshkelgosha
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