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

APT

Click for more information

0.00%

$66.47 afterpay limited

PayPal officially joins the race, page-51

First 51 Last

Share
Profile

Follow
Teddybear123

3,130 Posts.

361

01/09/20

09:33

Post #: 46976749
Share

Originally posted by mr_delta: ↑

preopen shows $1.50 i nthe green but could easily change by 9:59:59 am today...

In the long term it may not matter much to APT as PayPal could fizzle out like many big players in the past but one cannot underestimate the impact of this news in the near term for sure... especially on a sector that has run ahead of itself by a long margin... BNPL stocks have the highest amount of fat and hence the most to lose in any major downtrun in the market as a whole or based on an industry specific news like this one...

the temptation to GET OUT right near the top (or 10% of the top of $96) will be pretty high and a small retrace will not surprise... not a big drop on the back of this news for sure but a small retrace is definitely on the cards... interesting day ahead with the XJO Futures showing 1% down, US markets possibly at the top and due for a small retrace themselves and now this news specifically for BNPL - A PEFECT STORM FOR A SMALL CORRECTION !

Expand

Written and spoken by the shorters club
Lmct 397

APT Price at posting: $91.44 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

MKT

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

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

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 525 more messages in this thread...

First 51 Last

Add APT (ASX) to my watchlist