Newstart has increased by $550 ->now for many 1100$ a fortnight. Everyone is bored at home and meant to be isolating. Afterpay is 75% + online.
I think a lot of folk will keep using this service and users may actually increase. People will want the playsation or the new computer but may not have the funds at hand to buy it outright. perfect customers? no?
Add to this that afterpay has a lot of cash to stay afloat and that they have an announcment that they have been alluding to coming at the end of March. This stock is going to bounce around with economic fears but I think it is here to stay and will flourish as better times return.
Im definitely getting some if it drops below 7$
have you all forgotten the consumeristic responses from the stimulus packages around the time of the last GFC?
Anyway the above is why I'm into this. It's also too juicy to pass by imo and not even that risky.
APT Price at posting:
$8.04 Sentiment: Hold Disclosure: Not Held
