Apollo is a leading global investment manager with assets under management of approximately $455 billion as of December 31, 2020 in credit, private equity, and real assets funds.
Had been watching it since March kicking myself for not buying it, then it had a nice dip beginning of July, rotated my memory bags to it because it was trending back to its (then) ATH and memory stocks seemed they seemed like they lost their steam, and sold at $780 after it stalled there over the past several days. Also saw it on Bloomberg for the first time which spooked me so I sold.
Not tied to price of oil at all. Purely tracks tanker futures rates. Every tanker hit with a missile, every mine in the strait, every strait closure, blockade, etc made it go up
Tankers take years to build. Their insurance has gone from like $50k to $1M each
I closed the rest of my GOOGL position today at a loss. Been trimming and taking losses for months on this piece of shit. Made back all my heavy losses with AMD in 2 days. I bought a shit ton of AMD calls last couple of days and made all my losses back. Lucky for sure as I didn't expect AMD to run as much as it did. I still wish the best for GOOGL holders and GOOGL to go back to ATH, but I will not partake in googles bullshit anymore.