Not surprising. This article and the message it contains aren't particularly important to APT, but as I have mentioned a few times over the last few days, as have others, the technicals on APT were looking really scary as it jumped and stomped on a precarious level of support, and lo, it was broken. So glad I sold out when it started testing the previous level of support. If it drops to the next levels of support (well below $10) I will likely consider getting back in, but for now I'm probably going to sit and watch.
So much future growth is already priced in, and as soon as there's any doubt about that growth (some of the reasons are quite legitimate and this is a very risky stock - you're literally paying for something which does not yet exist and may never get there) this can happen. Potentially it could recover, or go much lower.
APT Price at posting:
$12.10 Sentiment: None Disclosure: Not Held
