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I just got an email from a recruiter from Google!
Omgomgomgomg
He said that the position is in the Bay Area or New York. I haven’t replied the email. I don’t think we can move to those cities, but I don’t want to lose this opportunity. Does anyone know if Google does remote jobs within US?
Any Rush employees ?
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Mentor
She probably accidentally pressed the sell button instead of buy
I guess she assumed that having TSLA and COIN was too much crypto exposure... or they came to their senses and realized with potential rising yields/rates that Tesla will get crushed. It was a very interesting move, they have done nothing but praise Tesla to this point
Sure. I’d you’re saying trading, it might be a factor along with other technicals and which way the wind is blowing. If you’re LT investing, anything she does/says should help improve your conviction and not sell / buy the dip.
It's rebalancing, everybody relax
Dude , this is not the first time she sold TSLA . They buy and sell every day as a part of rebalancing.
Subject Expert
I get the same list all of you do. I already explained my line of thinking. It could be portfolio rebalancing.
Wow wtf. How much she selling? I thought she all about it.
SMH. These people minds switch so fast. Guess that's why they are good traders and investment managers
She is rebalancing the portfolio as part of risk management
Visual Storyteller
What proportion of the ARK family does that represent? I’m too lazy to look it up...
Subject Expert
It was 24,000 shares. She has 5.2M shares. However, it’s the first time I’ve seen her sell TSLA this year (I only started getting the email alerts since Feb). She has bought on 7 other days this year in that window.
It’s curious because she bought at these prices (estimates based on closing prices each day with low in parentheses)
2/17: 132,000 shares at 798 (762)
2/19: 72,000 shares at 781 (777)
2/22: 272,000 shares at 714 (710)
2/23: 240,000 shares at 698 (619)
2/25: 24,000 shares at 682 (670)
3/3: 23,000 shares at 653 (651)
3/5: 107,000 shares at 621 (600)
A few takeaways:
1. Her long term cost average is super low, but it’s clear she’s selling at prices below where she was buying big in Feb. If that trend continues, get ready to see another TSLA move down because perhaps this is a local top.
2. She also didn’t buy the dip as big as you would assume. She bought smaller in March bottoms than the Feb totals. It could be ETF limits because her portfolio shrank big in March. Or it could mean she was assuming a bigger dip down.
Regardless, if her selling continues, that’s not a good sign for TSLA regardless of earnings.
Subject Expert
With all of that said, it looks like I may be wrong about Gap Down since premarket opened at 745. But there’s still time for things to change.
Well a 2% different from high to low and finish 0.9% up. Seems that thought didn’t lay out...
Good luck with that.