fundamentals = book value
Technical = Emotion
Value in the short-term is Book Value + Emotion.
Value in the long-term is book value
Yes APT with positive momentum is worth 9b, no argument
APT with negative momentum is worth much less.
If your arguing APT is worth 9b with P/E at ridiculous levels and P/S at over 45, then i dont know what to tell you
Even with amazon $ per customer of $900 metric, APT isnt worth $9b.
So my 2c, if your going to hold a momentum stock, best know when the momentum dries up!
Good luck
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