Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

0.00%

$66.47 afterpay limited

Afterpay vs Credit card, page-33

First 33 Last

Share
Profile

Follow
DPR

1,300 Posts.

1176

04/09/18

07:01

Post #: 35390534
Share

Originally posted by DPR ↑

I grabbed a small trading parcel on Friday, it will be interesting to see what it does. The fact that it dipped then powered up and held the day that the 3b came out is extremely bullish IMO. The SP will invariably drift towards the SPP price as the next round of shares come closer to issue.

Its worth noting that $18.00 has been a really interesting price level the last few days, its acting as a really staunch intraday support. I think if it can hold that level for the next few days then this may be the extent of the pullback for now.

My final comment: I saw the SMH article that referenced some girl who is now facing compounding debts because she lost her job and couldn't afford the afterpay repayments...are you serious? As with any loan if you don't repay it you get in trouble.... capital isn't feely available for you to take and never pay back, Jesus christ. The article attempted to show some balance but was way off IMO.

Great company, slick platform, extremely apt given millennial spending habits. Overvalued? Perhaps for now, but given potential upside of US/UK, I think we still have a bit more room to move up in the short term.

Expand

$18.00 was pretty easily walked through yesterday, I think a pullback is inevitable now perhaps even under CR price before next leg up.

Happy to watch and accumulate in the mid teens.

APT Price at posting: $17.65 Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched and most discussed stocks this week

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IMU

Imugene kicks off Australian trial for blood cancer treatment

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor