Discussion in 'Stocks & Derivatives' started by scott_reeve, Jul 22, 2018.
A noteable big mover last week, but Friday's close signals short-term caution.
APT broke through $20 Resistance a few weeks back and making more new all time highs:
APT looks to have made its high for now:
I got in at the IPO, but thinking I’ll be selling out by end of the year.
A great run but they will be regulated soon, and then they will be whacked
If their growth in USA and UK continues will any RBA regulation in Australia have any bearing on the overseas business?
APT chart update. Still holding within the channel (for now):
My concern with after pay is they are handing out credit left right and center. It smells of sub prime loans, Just wonder what happens when to many of their customers default.
I know of people getting loans who are at best only work 12 hours a week, with half a dozan purchases they owe money for.
That is definitional of sub prime lending and we all know how that usually ends up.
I was talking about how predatory this stock was to some people I know that own it, and then realised they were all rich and Jewish
Currently -38% today to $12.04.
A bit over a week ago, APT chart was holding up quite well compared to the broader market.
Just goes to show that most Support lines on the charts mean Zero in the current environment.
I suspect there are a lot of APT holders that bought sub $10, are now panic selling to lock in whatever profit is left.
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