$50 here we come..., page-744

Wow...1st off, congrats to all holders! rare to find such a multi bagger, so well done!
having said that....
i just don't get apt. Not my cup of tea. Want to short the hell out of it. 11bn company that does what exactly?? (Currently larger than Suncorp, bluescope steel etc) who actually do something!!

so business model is to provide a line of credit to people who shouldn't really have it? Junk financiers! Wow...what a business model! I've seen ponzy schemes in my time....so, in this enviro where banks are taking massive bad debt provisions on more quality debt (they actually screen their clients), then how big is apt's exposure?
what century will this 11bn company cut a profit??
investment thesis just doesn't exist....scalable, sure, easy to replicate YES, dime a dozen will explode, where valuations like this exist, many will enter to ride the wave.

gltah, happy to watch this crazy rollacoaster fly from the sidelines, curious to see whether it completes the ride or falls off the rails...