Objective Analysis: Psychology of using BNPL, page-148

Your head is going to explode if APT hits $80 or $90 or $100 lol

You sharemarket novices make me laugh.

I'll give you quote from Warren Buffet who has been investing for 82 years (he bought his first shares aged 8)

- "The three most dangerous words in the English language. This time is different"

APT may hit $150.My head still won't explode. The APT business plan is totally unsustainable and it is never going to make profit.

I've seen many ASX tech and mining bubbles over the past 40 years. APT is no different. They all run out of steam after a couple of years when the Greater Fool Theory runs its' course and the anticipated earnings never arrive. The price usually drops 95-99%. Many become bankrupt.

eg
Poseiden Nickel - highest priced Australian share ever - bankrupt.
Pacific Dunlop - ASX 20 company - dismantled and wound up.
Adelaide Steamship - 1980s ASX superstar - bankrupt
Bell Group - 1980s ASX superstar - bankrupt
Bond Corporation - 1980s ASX superstar -bankrupt


CCE 7.5 cents to 0.1 cent (it literally can't go any lower).
EDE 74 cents to 2.7 cents