Hi@Schpips,
APT - Still shorting.
What you have stated are very good counter argument to my thoughts.
I'm attacking from a valuation, a pre annual results and competition perspective:
- AfterPay traditionally gets sold off before annual results (Late August).
- Klarna outperforming APT.
- UK APT performance not that strong.
- Australian and New Zealand offering smaller growth now.($6.6 billion in sales is only 38 basis points of ANZ electronic transactions).
- PayPal is doing incredibly well (accepted by 79% of top merchants in USA, added 3 million users to end of March).
- Waiting for Amazon to do its own BNPL.
Above is not financial advice and my opinion only.
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