PS - I bought in yesterday and today and although we may continue to see short term volatility I am confident in the underlying fundamentals of the business. You have to be patient....if you continue to look at this stock daily you may be tempted into making an irrational short term decisions based on fear. You have to remember the old demand/supply adage. For one reason or another a large institutional investor may be selling their stake.....with a mid-cap such as APO normal trading conditions may struggle to absorb this action and downward the price goes. However (and I stress this is a pure speculation scenario) does this mean that at the current price represents fair value? Maybe, maybe not....time will tell......but im definitely happy to ride the short term downward trend should it continue.
APO Price at posting:
$4.45 Sentiment: Buy Disclosure: Held