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Eric Balchunas
EricBalchunas
ARK Mania is cooling, inflows and volume have declined steadily over past few days to almost nothing. The decline has been almost perfectly inversely correlated to the price and volume
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$GME price plummeting after CNBC reported Melvin Capital is surrendering and closing out its short position. Amazingly, it got as high as $365, which meant GameStop had a mkt cap
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ARK now 4th overall in 2020 flows (after Big Three) w/ decent shot to pass State Street by EOY given the building intensity of the inflows eg ARK ETFs took
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