APP was not spared either. After your post, there has been 46% correction in the stock in the last weeks. Do you consider this now a good long term buy?
I don't know what a long term buy point for this stock is - I haven't explored it enough, but prima facie, looks like overvalued still. As you can see, I prefer value stocks and APP doesn't quite fit that bill. That said, it is possible the stock can rip from here on. Do you own due diligence please.
APP was not spared either. After your post, there has been 46% correction in the stock in the last weeks. Do you consider this now a good long term buy?
Indeed, I have been sitting and watching it drop and regretted not shorting it. I have internal notes where I laid out my reasoning, but didn't press the trigger, largely due to what I wrote in my last post - https://www.coffee-can-investor.com/p/the-elusive-art-of-shorting-why-its
I don't know what a long term buy point for this stock is - I haven't explored it enough, but prima facie, looks like overvalued still. As you can see, I prefer value stocks and APP doesn't quite fit that bill. That said, it is possible the stock can rip from here on. Do you own due diligence please.