I still have my shares.
If it does what HKD did I'm out at 2k just saying
This is kinda just Fud tho.Of course I could be wrong, but I think the problem is if we (current holders) sell our new $APE shares and institutions buy them, and then AMC holds a vote asking if holders want to convert $APE shares to $AMC shares, the institutions will undoubtedly vote YES.
Once that happens, they can hold a vote about adding more shares. WE said no to new shares last time, but if all this happens, they will possibly have enough YES votes, and then we get diluted. Dilution = No MOASS.
So basically, we can’t do anything with those APE shares. Just let them sit there.
Again, I could be wrong, but that’s what I’m piecing together. We literally don’t need any extra shares. We don’t need anything except for institutions to cover.
Avg $11what price did you buy in?
This is kinda just Fud tho.
If people have not sold thus far, it doesn’t make sense that they would just start selling cause there’s a different ticker symbol.
The reason this is significant is because it forces a count and will presumably expose synthetics.
From what i understand this will be similar to a stock split but will result in two different tickers instead of one cut in half.
At worst they can chose to dilute the APE side of things. But that’s not necessarily a bad thing. At this point the fundamentals of the company matter more than ever. If they can cancel a significant part of the debt that can only mean good things for the AMC ticker.
Yes for the “squeeze”But not for the SQUEEZE.
No one cares about the life of the company or the fundamentals. We’re here for the squeeze. Most ppl are dumping the stock when it rips and moving on. It’s in AA’s best interest to keep us in the play perpetually.
And many of those new buyers will be the institutions betting against us. This man isn’t doing ANYTHING that will make those of us in it for the short term happy.Yes for the “squeeze”
You need buying pressure for a squeeze. Apes are sitting and have been for years now. A positive outlook for the company brings in new buyers and extinguishes the hope from short sellers that it will go to zero. Meaning they start to cover.
This is a long game now
Yes and no.And many of those new buyers will be the institutions betting against us. This man isn’t doing ANYTHING that will make those of us in it for the short term happy.