it's funny watching the "pros"
one trick ponies
any investor half smart, would have trimmed most of their profits, if not free carried, when the convertible notes was announced at $150-$160.
note holders at APT would be sweating buckets given they've a strike price at $180 maturing smack bang in the middle of speculated interest rate rises and fierce competition. little upside for such a risk, and yet here we are.
I've read through a lot of the APT threads and it seems the pro investors over there decide to take profits and sell now, almost 70-80% down from the highs
why? because theyre starting to realise how stupidly over valued APT was with it's one trick. and they've only just realised that the threats are real
people over there also don't seem to see the convertible note risk for shareholders, when they just see it as a risk for note holders. not true for those who've experienced first hand
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3 | 33968 | 2.410 |
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10 | 193290 | 2.390 |
6 | 174559 | 2.380 |
Price($) | Vol. | No. |
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