AP Alternative Assets LP (APLVF)

[Rip_Van_Winkle]

Ok...reset. Actually ended up with a green candle after the bizarre open.

[brojazzy]

Poor flipper had to pull his ASK and dump it for .02 lower, not the prettiest of days, but we got rid of a ton of flippers

[Rip_Van_Winkle]

Naw its the same O/S

[Rip_Van_Winkle]

They know whats coming

[brojazzy]

Who's the manipulator on the ASK trying to push this down? Weak hands are gone, .20 is an excellent entry price for anyone wanting in before the ER

[Rip_Van_Winkle]

Yea, absolutely. Problem is folks tried to one tick flip ATH share price is at 48.65 right now. So the underlying asset price for APLVF is even high that the calc i threw up on that last post. That was a ATH pps of 47.12 as of February. FINs come out strong and pps bumps we should be happy campers here.

[RocketTrader777]

My thoughts exactly. Thanks you. I'm holding through financials assuming this is correct as I think it is. We just doubled our money. Buy the fear IMO

[Macod]

That sounds reasonable

[Morgzack]

Unless it’s change since feb, it’s should be 76.3M OS. I get that from the home page and from dividing the previous distributions from March.

[Rip_Van_Winkle]

well aware. No ones saying this is worth $15 but that split was priced in way back in march. The fact remains as of current value at 605K shares of ATH based on common stock available the Actual market value should be 29,427,200 which constitutes a pps a little above $0.40 PRIOR to the financials being released in which ATH has gained a substantial influx of assets over that time.

[Macod]

Ok, tough to find current information on share structure. OTC Markers shows higher.

[RocketTrader777]

Current market cap is less than half that.. Which is assuming worst case scenario. Should be an easy double at least this week

[benchman]

The Athene part is not the whole APLVF story, even though it is a large part of it. The company may be looking another venture like Athene, and do the whole thing over again with another investment. Besides the shares they still own from Athene, they have $8 million in other assets.

If earnings for Athene are good tomorrow, that obviously helps the value of the remaining Athene shares that APLVF holds.

[Macod]

Yes around 30 mil in assets but I think that is current market cap right?

[Macod]

97.73% of that value was distributed on March 5th

That's why the stock dropped after that date.

Details here:

http://www.apolloalternativeassets.com/ViewDocument.aspx?f=PGGG_5_March_Ex_Price_Press_release.pdf

[Rip_Van_Winkle]

[benchman]

AP Alternative Assets is Apollo Management:

AP Alternative Assets, L.P. (AP Alternative Assets) was established by Apollo and is a closed-end limited partnership established under the laws of Guernsey. Apollo is a leading global alternative investment manager with 27 years of experience investing across the capital structure of leveraged companies. AP Alternative Assets is managed by Apollo Alternative Assets, L.P.

From the website.

[angelo2112]

The fins for Apollo will be released APO trades on NYSE NOT APLVF
I thought we hit gold here too but the more you did you’ll see Apollo Management not AP Alternative Assets
Somebody correct me if I’m wrong but don’t you think insiders would be buying right now if this were the case?

[Rip_Van_Winkle]

Not fully True...

[RocketTrader777]

Soo just 30 million in assets then? Guess we only have a 10-20 bagger then... Unless you know the hype takes up 50 bagger : )

[Macod]

What assets? They sold off everything except for 605,000 ATH shares. That's why the stock dropped.

[brojazzy]

Agreed, earnings coming up should do the trick

[Rip_Van_Winkle]

I know what I own. This will have its day.

[brojazzy]

Just flippers from yesterday and this morning thinking there was another 100%+ day in store and now impatient

[brojazzy]

LOL you had to dump on the bid at .18 bwhahahahaha

See ya at .30+ very soon

[Rip_Van_Winkle]

How so? People flipped and bailed. Company is still being shorted and still manages huge assets.

[Macod]

There's nothing left here boys and girls.

[saj]

thank you

[brojazzy]

The ASK is ridiculously thin, next to nothing will move this back to the .30's+

[benchman]

If they do, we should get an enormous bounce, since they are the ones who have held this back.

[Rip_Van_Winkle]

23 seems to be the Wall. Tiny tho

[MGG2]

INTL needs to cover at some point....presumably.

[benchman]

Would like to see another run to HOD here soon, now that lunch time is about over. .20 is good support, and we have been lingering here for a little bit of time. Time to move up!

[brojazzy]

Same to you my friend!

[saj]

g/l

[brojazzy]

Same here, added another 5,000 at .21

[saj]

was able to add a few more at .21

[brojazzy]

Very nice bid support at .20

[Rip_Van_Winkle]

Not going anywhere but with FINs tomorrow this is a no brainer. 1.8 billion in assets.

[brojazzy]

They're the ones that will take this back up eventually, relax my dude, I fully expect this to close .35+ today once the sellers are out

[Rip_Van_Winkle]

True this company is legit being shorted. The problem is it’s super under the radar. Good volume today but disappointed in the flip crowd.

[brojazzy]

It's all good, get in low while it's quiet, earnings for Athen's is on Friday

[Rip_Van_Winkle]

Still super thin

[Rip_Van_Winkle]

Flippers beat this down

[Rip_Van_Winkle]

Crazy day on the L2 looks like folks are trying to keep this down.

[brojazzy]

Moron trying to put all his shares on the ASK, it's allowing another entry opportunity

[brojazzy]

Another dip, chance to get in

[Rip_Van_Winkle]

Intl on the bid...maybe we found the shorter?

[Rip_Van_Winkle]

Good volume

[brojazzy]

Solid morning so far