Any investor with a fair idea of the business model would realise that the current valuation relies on success in the states. They would also realise that such success may now be elusive, at least over the short to medium term, given the absolute meltdown occurring there right now. The most recent unemployment figures were the worst in 80 years, with another massive spike expected this Thursday. Trump also just admitted that they will have more than 100,000 deaths, which is probably a gross underestimate?
What's your competing, alternative thesis that dispels those market truths?
APT Price at posting:
$19.52 Sentiment: None Disclosure: Not Held
