You are normally one of the more objective holders, capable to some discussion outside of 'stonk'. You might look at some of my 2017-2019 posts and see I spent the majority of my time arguing the merits of APT and how it was under-valued. Getting the picture? The business is sound, its the absurd valuations attached to this business and refusal of anyone on here to even discuss that I have an issue with.
You yourself at least put APT in the high $60's. At least you have some credible notion of the true forward earnings of APT. Hats off to you that you are comfortable with holding a stock that has over 100% of exuberance priced in by your own measures. I wouldn't have the bottle, but do to short such exuberance, having APT's value likely below $50 on forward earnings.
@rahmukh again, see my previous ownership and unbridled enthusiasm for APT from 2017-19. I don't hate APT. I do have an unhealthy frustration with investors who spend more time researching buying a new car than they do the stocks they buy....people like
@Trevor2017 who show time and time again, they can't even read. I will give you a clue to your latest ignorant comment (that you follow the equally illiterate sage Stefan is worrying) Trevor my largest holdings are right there in my signature staring you in the face and always have been. Funnily enough it included APT not that long ago. Sold my final APT holding at over 10 times my original purchase price = me love APT.
If you guys can't look at eBay's metrics next to Afterpay's and not see a little disparity in the pricing, I give up. 20 times 2021 revenues and 40 times earnings on a like for like basis and you don't think APT is over-priced comparative to eBay when priced the same. I don't know how to do a more simple dot to dot drawing on relative valuations.
