APT 0.00% $66.47 afterpay limited

Nice name dreamer. I have been quiet and was very happy with my...

  1. 21,973 Posts.
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    Nice name dreamer. I have been quiet and was very happy with my short from about 36 to 18 but was frustrated when it fell for a further 2 days to 8, however all in all i did well. Here i am again selling at 70 and a little below because 18 bil is just silly. American, UK and EU safety nets are not the same as the generous Aussie handouts for everyone and thus Aussies are able to pay if they get a bit excited buying with afterpay who lends to anyone including those who are bankrupt and least able to pay, America is not like that, neither is the UK or the EU, i would expect a much higher default rate from those countries compared to Oz and NZ, valueing this company based on Oz results for the same worldwide result might not be the way to go. In my view its a high risk play at these extreme levels with no limit to new competition, it's not like they are creating a monopoly like other techs...

    Good luck champ.
 
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