I joined the party and loaded up nicely at $71 a share and enjoyed the ride to the high 90s but I really felt today was a good time for me to close my position, this is not just Paypal entering the market but the US elections in a few months and the US market seems to effect the stock a lot so I am not keen to hold for wild days.
IMO I can see this stock retracing to 50/55 - Which is still a fair value , I will look at entering again there.
These are just my views and I could be wrong, love to hear anyone else thoughts .
Stay Safe
JV2009
APT Price at posting:
$78.20 Sentiment: Sell Disclosure: Not Held
