APT 0.00% $66.47 afterpay limited

UBS Sell and $17 target!, page-1248

  1. 2,371 Posts.
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    The price may look good today but may not be so next week. Better to look at the macro environment at the mo. Until CV-19 is contained and managed this volatility will continue in the market place. Unfortunately as time goes on burden of financial risk will continue to rise> Irrespective how well a company is capitalised they will have market facing exposure to increasing credit defaults Unless a business can effectively "hedge"
    against the risks of defaults they will unfortunately face this consequence. Certainly tonight s economic indicators with initial jobless claims up to 281,000 in the US, a 60k increase over expected with similar figures indicated globally. Unfortunately I think this will get quite a bit worse before it gets better. Think carefully...no sense in trying to catch a falling piano. Wish you the best with your decision

    mullings of an 'average Joe' investor
 
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