I can see why you are so hated by some people on this forum

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30/04/20

16:43

Post #: 44359588
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Originally posted by StefanF: ↑

Yes COVID-19 has presented us with an amazing buying opportunity and I highly doubt we will ever see those opportunities again. Below $20 is a thing of the past. I highly doubt I'll ever be able to match the gains I've made from selling high and buying low. Once in a life time opportunity.

Given the lower than expected impact on the company, the massive growth in online shopping, the current inability of competitors to expand into Afterpay's markets (e.g. Z1P in the UK) and the fact that we are getting closer to getting COVID-19 treatments suggests that a new ATH is quite likely this year.

Haters will say I'm wrong but I'm still waiting for them to pull my Afterpay COVID-19 analysis apart that I wrote up weeks ago. Easiest money I've ever made buying back in from $9.3.

I know there are a couple of people who sold APT even though they love the company and it'll be likely that this decision will haunt you for a very long time. It's okay, you will learn from this.

One way to position your portfolio in a situation where you believe the share price will drop but you still believe in the company is to still hang on to at least 1 parcel. That way if it runs away from you, the fact that your 1 parcel is making big gains will greatly reduce any of the regrets. There is more than 1 way to skin a cat, and buying/selling ALL shares is just one of them. I've had plenty of tough learning experiences myself, but the key is to make sure you take something away each time.

Portfolio positioning is everything.

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I can see why you are so hated by some people on this forum

APT Price at posting: $31.20 Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

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