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I agree:"I think we could drop back into the $12-$15 range but I...

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altamash24

50 Posts.

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03/04/20

13:50

Post #: 43863221
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Originally posted by StefanF: ↑

None of what you are saying is new to "the market" (which would be you, I, hedgefunds, superfunds analysts etc). It's quite clear unemployment rate will spike further, GDP will decline significantly, death rate will get much worse (especially in the US) before it gets better etc etc.

But what the market is trying to work out is, how do you value a company that should survive this and could be back at ATH within 3 years. At $8 this would be a 500% return. At $20 it would be a 200% return. There are obviously a lot of "what ifs" and uncertainties hence the volatility in the market.

I think we could drop back into the $12-$15 range but I highly doubt we'll see $8 again. That kind of panic opportunity is gone.

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I agree:
"I think we could drop back into the $12-$15 range but I highly doubt we'll see $8 again. That kind of panic opportunity is gone."

APT Price at posting: $20.05 Sentiment: None Disclosure: Not Held
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0 Great analysis

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