Afterpay Valuation, page-3741

Then five days later (Friday 12/11/20) the share price rose by 12.3%.

It just means the price is based on speculation.

The loss in March was one replicated right across the board due to the Pandemic, by very very many other shares.

Very few shares lost 80%. The falls for quality shares were far lower - typically 20-30%,


So, who is the dumb one and who the smart one in that story? Your posting enables such responses so thanks for your stupid post.

You were lucky. If you were a genius you would have bought at $1, sold at $30 and bought back at $9.