I don't get the valuation of AFRM but I also didn't expect it to fall another 20% today. It's now trading at it's lower levels since IPO and is down over 70% from it's high.
I guess I'm interested in how cheap it would need to get before you guys would consider buying? It still looks very overvalued to me. I took a look at the stock yesterday and felt fair value was closer to $25-30. That said 40% down in 24 hours seems so excessive that I'm now wondering if we'll see a bounce next week…
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