Replies to post #392 on Archer Aviation Inc (ACHR)

[Theo]

ARK is holding 23.79m shares

I don't follow that closely, but I did pull that from ARKK's website current holdings as of 12/28/23. Maybe not updated?

ARK has been dumping bitcoin related issues for the past week now, but, is still holding ACHR.

I don't own this as a long- it's simply a trade for me and I'm in it strictly because I play catalysts. Wood taking a position simply caught my attention otherwise I don't follow anything ARK does except to see how they play this one- hence I've been watching their buys and sells for a few weeks now as a result.

Algos have been running the market for years now.

[Theo]

S&P could have one more pop left in her and then the market is due for a correction...

Markets don't appear to be waiting at the moment. Profit taking had to begin sometime and EOY tax-loss selling coupled with low volume participation with computers running the show make this a day to bargain hunt for the babies getting tossed with the bath water imo.

"CNBC's Bob Pisani is letting readers know that closing the year at a historic high is a fairly rare event it has only happened eight times since 1926, and only four times since 1963, according to S&P Global."