then should have seen a corresponding drop in APE.
This is not occurring. APE share price relative to value much higher.
I personally think its because market is scared about car companies trying to fix the selling prices and commission structure of dealers. Whether this works or not I don't know.
Also maybe because PWR took on debt to fund its aquisition.
Anyway my position is small, and will probably stay small until I can figure this out.
Value or value trap???
I don't have the answers.
PWR Price at posting:
$2.42 Sentiment: None Disclosure: Held
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