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$66.47 afterpay limited

I feel like topping up under $10 is somewhat save but I'll still...

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StefanF

5,512 Posts.

1391

22/03/20

19:24

Post #: 43633844
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Originally posted by efletcher83: ↑

no one is disputing a reduction in use. But the stock has fallen from $40 to $12. That is factoring in a reduction in use.

But those people are going to get unemployment benefits. They are still going to have cash. In the US and UK that cash is actually likely to be higher than minimum wage, so they may actually have more money.

At $12 you’re basically thinking about whether Afterpay makes it through this and can see growth in 12-24 months. To me it looks pretty compelling.

it’s a stock that will get belted with sentiment so you cannot go buying it on days like Friday, but on these -10%+ days - I’ll be accumulating.

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I feel like topping up under $10 is somewhat save but I'll still keep a chunk of cash on the side in case markets tank further

APT Price at posting: $12.44 Sentiment: Hold Disclosure: Held
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