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re: The ARKK’s about to take on water?

Posted on 3/3/21 at 4:19 pm to
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8973 posts
Posted on 3/3/21 at 4:19 pm to
quote:


I don't get how it works - if it is overbought they just invest more money right


Overbought means the price has shifted considerably in a short period of time. Typically upwards meaning the stock/ETF is trading for more than its actual intrinsic value.

Oversold is exactly the opposite. Meaning the item is undervalued and selling for less than its worth.
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