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That dispels the market truth? As in the stock got completely...

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sciaticstate

1,599 Posts.

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01/04/20

18:14

Post #: 43825363
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Originally posted by FraserJC: ↑

Any investor with a fair idea of the business model would realise that the current valuation relies on success in the states. They would also realise that such success may now be elusive, at least over the short to medium term, given the absolute meltdown occurring there right now. The most recent unemployment figures were the worst in 80 years, with another massive spike expected this Thursday. Trump also just admitted that they will have more than 100,000 deaths, which is probably a gross underestimate?

What's your competing, alternative thesis that dispels those market truths?

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That dispels the market truth? As in the stock got completely oversold and has had over 150% rebound from recent lows? Also that MS and Mitsubishi Finance Group are buying up every bit they can on the market?

Not sure if my thesis is alternative...

APT Price at posting: $20.66 Sentiment: Hold Disclosure: Held
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0 Great analysis

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