Quote:
Originally Posted by Romulus
Any APT holders? Peaked on 10th February near $160, closed at $119 on Friday. Some speculators still think its $100 overvalued. APT is a $34B promisory note.
Reserve banks are throwing everything including the kitchen sink to try and keep inflation under control. Hope they're able to otherwise the housing sector is doomed.
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Yep.
Keep in mind at $119 it's still 3x it's pre-covid levels (it dropped to a low of $9 briefly when all stocks collapsed in late march 2020). Lot's of people want it written off, but I think it'll ultimately be a $250+ share. APT's global expansion is only just beginning.