stated my position before....apt is a great business...over valued...and propped up by hapless investors who cannot differentiate up from down...approx 30% of current holders find themselves in this category....but after today, I'm increasing that to 35%.
this spells goods news for me because I play the long game.....and when the next mini crisis hits apt I'll be there to clean up.,,increasing my stake...making money, having a laugh at others expense...I can't be any clearer....and I'm 100% correct with regards to credit risk fundamentals of champion / challenger ...not dismissing any data points because of some bs explanation ....like the excuses provided by apt in the submission. mado knows it...and he's 100% on the money.
