There's no retail FOMO here, everyone's scared sh*tless so they have all sold out and are waiting on the sidelines.
The only forces that significantly move $10b companies are institutions and to assume that retail mum & dads are moving the share price of Afterpay is laughable. We are not talking about some 50 million dollar microcap. This is a $10 + billion dollar company.
The retail investors will hop on board past $100 or $200 when the runway is clearer and more defined. When the value instos and AFR start praising the company for being 'the Aussie unicorn'.
APT Price at posting:
$41.72 Sentiment: Buy Disclosure: Held