I must admit I sold 20% of my holding recently at $115 on inflation fears and whilst the macro backdrop is still far from ideal I think at this price range APT is oversold. If I wasn't concentrated I would consider a top up.
Risk off sentiment might drive down some of the bitcoin revenue although for people looking for a decent entry point I think now is a good time. Avoid the noise and short term vol and buy at a good entry price. I don't think downside would be much further. Still plenty of untapped or very new revenue streams going forward.
Particularly for those seeking tech exposure, a decent play when Tech Indexes like the Nasdaq are still not far from ATHs. Hard to find many other good value tech plays. UBS and Macquarie both have price targets >100% of the current price.
APT Price at posting:
$76.90 Sentiment: Hold Disclosure: Held
