1. Competition 2. Regulation 3. Low margins 4. High interest rates 5. High default rates 6. China connections 7. Insider selling 8. Economic downturn will sink it"
Actual reason why APT has dropped this year: High inflation fears making the future cashflows less valuable in present value. APT Downrampers genius: "I ToLd yOu iT'lL dRoP".
One of my favourite sayings applies here: "Even a broken clock is right twice a day".
APT Price at posting:
$89.31 Sentiment: None Disclosure: Held
