PA Good Doctor - ARK Invest snaps up over 2 mil Shares

Noticed a social arbitrage opportunity where no one knew that Ark Invest bought enormous amounts of PA Good Doctor (SEHK 1833). Hence, I got myself a full position at $109.3. I believe when North & Southbound trading opens up this coming Monday, SEHK 1833 will have more room to run. Look out for a breakout of all time high at $135 supported by large volume to take a position/add to your position. Similar stocks like Yeahka (SEHK 9923) and ZA Online (SEHK 6060) have experienced multi-day runs to the upside when Ark Invest disclosed their buying positions in those companies. The HSI Indexes (HSI, HSCEI, HSTech) have also completed its recent pullbacks and is looking to continue running to the upside as well.

While I personally believe SEHK 241 (Ali Health) to be a better long-term pick than PA Good Doctor, there's no way I'm missing out on this trade!

Happy Chinese New Year and stay green in 2021!

Comment:

Correction** Both North & Southbound trading will resume on the 18th of Feb, you can find the calendar here!

www.hkex.com.hk...endar_pdf_e.pdf?la=en

Comment:

Have gotten out of my entire position at $140.4 - Who knows where the share price will go next? But will continue to monitor this ticker the next few days to see if it has more room to run towards the upside.