The old 'other's are trading higher multiples' argument. Good luck with that. APT has been trading 60+ price to most recently reported sales. I never said anything otherwise. Don't disagree with your (slightly) forward 40 times though.
Good luck in your investment if you are happy buying APT at those multiples.
I should add I increased my short Friday. HC should have a short position option for full disclosure. I do appreciate there is nothing worse for long investors on these threads with detractors with hidden agendas. I've been quite honest about mine. After holding APT for years and selling out too early (congratulations to those holders who stayed in), I just find it far too rich at these multiples and that, combined with my general market sentiment, is enough to warrent shorting for me.
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