APT 0.00% $66.47 afterpay limited

APT Chart, page-1415

  1. 1,738 Posts.
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    I haven't looked at penny stocks in months and have never been interested in crypto.

    I will admit I was wrong thinking this would go down in the ultra short term. I try to not make actual predictions of a price and a timeframe. The best you can do is pick the right direction as a trader or pick the right long term value as an investor. It's okay to be wrong most of the time, as long as you keep losses small and your wins large. This year I've still made $30k shorting Afterpay, that pales into comparison to what I've made holding long positions but it just shows I have been "right enough" about short positioning.

    I'm not a buyer at these levels though, as@Andredamus1 could tell you we're now in slightly overvalued territory. I wouldn't be putting any significant shorts on either until there's a trend change.

    I did buy a small amount of $39.50 June puts today though.
 
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