Livewire: Afterpay balance sheet analysed, page-4

Thanks polar

this sudden and dramatic sp sell off is due to shorts attacks on a big scale selling into fear and uncertainty imo

I give the shorters credit here as they loaded up big time in the 30s on a stock that the sp had risen sharply in a growth phase so was vulnerable to a fear based scenario from a well orchestrated short attack with loaded guns

I feel the sp is way undervalued here now but as fear remains this sp will struggle to recover until apt releases its March quarter financials

I sold out around 32 and bought back in at 23 thinking I had beaten the market again

well I’m bleeding here big time but my investment decision remains I think 23 was a good entry price at the time and will hold here

gltah and doom sayers