APT 0.00% $66.47 afterpay limited

60$ Party, page-50

  1. 3,276 Posts.
    lightbulb Created with Sketch. 102
    Fundamentally overvalued on every single important metric however hats off to the buyers as this stock has the strongest momentum for a large cap I can remember. Almost like a cult following - buy dips is very strong.

    I called it overvalued at $40 but here we are nearly at $60 - my view has not changed. It may go up $70 or higher as the stock is completely detached from reality IMO - it’s a risky short and risky long at these levels. At some point in time, gravity will takeover - it always does!


 
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Currently unlisted public company.

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