If one studies the HACK ETF chart . . . one wonders if we are not just being confronted with 'normal' new IPO sell-off? Without robust cyber-security investing by vulnerable companies that have naked consumer-client info storage, retail investors are left to the mercy of HF Quants and Funds adjusting their EOY holdings positions. Funds only invest if they feel there will be stock volume action to justify their accumulating holdings. That ETF volume in HACK is not apparent at this time in its history.
Note that Dell just announced it is buying/partnering with EMC and Value Ware SW. If HACK buys into this merger to balance out with this new SW giant that will also be in Cyber-Security SW . . . what will happen to HACK ETF stock holding portfolio?
Dell and EMC did this as both are losing in the sales/competition game. I do not expect great things from this merger.
I will just kind of watch for now, and maybe, buy some more HACK in coming 6 months time frame.
I suspect most other HACK investors are thinking along my thought line.
Just to me . . . it is looking like HACK gets day-traded and we slowly continue a down-sloping TA charting.
HACK is therefore, perhaps best looked at as buy-and-hold lT strategy.
MSFT W10 is the bases of next gen anti-virus SW with user-photo ID to go online, finger-print and VOX-operated recognition online permission allowance (to come). The very rudiments of Cloud user data storage is AI super-computer banks analysis of user and what they are accessing. Its going to be increasingly impossible for small hacker to penetrate Cloud Storage of User Data.
However; the very point of cyber-security investing is you have to have 'business' (meaning bad boys) being successful hackers.
And, if we throw in, new nation-to-nation mutually helpful security agreements into the equation; it will
be second-trier cyber-aggressor national groups that can only accomplish hacking. Such a scenario may not produce great stock value action potential? <---Who, after all, has the fastest AI super computers.
OT: Whoever 'sold' Clinton on the idea a private server would be safe . . . must also be selling shares in Bridges and Sandy Hook beach property?
