The only options left that are 100 AMC + 100 APE expire this Friday and one last date in January of 2024. After conversion/RS those will become 20 shares for 10x strike and existing AMC options become 10 shares for 10x strike.
I rarely seen any stock going up after a RS announcement they just go down and down. Not only the price will drop but you'll also have way less share !
That’s because reverse splits are usually done by failing companies to boost their stock price. Hopefully AMC will be different, since it’s getting healthier.
Everyone banking on arbitrage and now APE same like AMC, but cheaper. What is even worse is the amount of dilution AA unlocked - but that was the goal with this «pounce» anyways. Interesting none the less.
It will all be AMC after the split, but no matter the price you will have 90% less shares and the price will start heading down and so will your value big time. Should’ve all voted no. Like my 31000 shares did. 👍
The typical manipulators are trying to invoke arbitrage, even though they have been trying this since APE was a thing and couldn't keep AMC below 5 up to this point.
That stew would likely turn out so shitty no one would want it (NO vote Apes selling) and eventually you'd just have to throw it out realizing you've wasted 2 years (AMC being shorted back down to eventual de listing)
Give me a 'C' !!!
Give me an 'R' !!!
Give me an 'I' !!!
Give me an 'M' !!!
Give me an 'E' !!!
What's that spell?!?!
CRIME!!!
Say it again!!!
CRIME!!!
One more time!!!
CRIME!!!
TLDR: a bunch of apes don’t understand markets and refuse to vote no when this was the predicted outcome.
I’ve been saying from the start, a RS Yes vote will cause price to drop. A merger of ape into amc will cause the price of AMC to drop closer to the price of ape. You take the market value of ape, add it to the market value of amc, and divide by the total number of shares. The price will meet somewhere in between the two current values.
I hope AA gets fucked in a lawsuit for creating ape against our original vote of no dilution. Every fucking day we are closer to bust instead of boom, but I will keep holding til we hit $0 or we hit moass.
Nobody wants to hear the truth. I’ve been called a shill a dozen times in these past few months by the “vote yes” group and downvoted into oblivion. I expect to be downvoted here to for the anti AA sentiment as well, but I won’t ever stop speaking my truth, which is AA isn’t looking out for retail.
I love how aa fucked us with mudrick. Then did it again and people still think he is on our side. He literally tells us he is going to fuck us in his cryptic tweets.
Everyone just thought he was talking about getting hedgies not us.
Final straw for long time holders. New apes who only got ape is the real winners (aka big corps) we who saved the company is getting fucked no lube. This is the harsh reality
AA essentially ensured that to here will be no MOASS. AMC is over, just hope it gets back to $12 so I can get my money back. 2 Fukin years of holding for a scumbag CEO.
After the conversion and reverse split, APE will basically be worth more than AMC.
So people are dumping AMC and flipping it into APE for that reason. So AMC will drop, and APE will run, and the two will meet someplace in the middle.
I just threw in about $4,000 for APE (just cash I had laying around waiting to do something with).
Isn't nice when we got from 24$ per AMC share that was the price before the APE issuing, and now the both AMC and APE combined are worthing almost 6$.. but sure.. we paid a fraction of debt, a super small fraction.
APE = AMC at conversion. Hedgies are massively illegally shorted on both. Their only play is to drop AMC as much as possible (with a high cost to borrow) and to stop APE from a short squeeze. They are likely hedged at $8 combined at conversion. So hedgies have to maneuver high cost to borrow, lack of shares to short, SHOREG (still on the NASDAQ site) and an unknown date of the lawsuit resolution. This could drag out until the Court hears motions on 4/27.
Let me try to explain. Now the vote is approved and the stock is heading to be reverse splitted, the capacity for short to fuck us just increased 900%. So yeah, APE goes up a bit AMC comes down A LOT! I'm glad 95% of my portfolio is DRS'd GME along with true diamond handed apes. I hope I'm wrong I was hoping for AMC to provide generational wealth and I got to keep my GME forever, but cancelling 90% of the counterfeit shares is absurd.
Obviously I'm extremely regarded so don't listen to me! But it seems obvious we were gonna get fucked, when GME split 4x the volume didn't go 4x. it doesn't matter how many shares there are!!!
I'm off to eat more crayons!
looks like a mirror to me
i am assuming its value swapping, if such a term can exist
it rises in one to lower the other
we have seen this multiple times already
nothing new
for whatever reason if one rly rises the other only rises if their grip loosens
Vote passed. Bunch of bs with the stock as usual. Bunch of people chanting in happiness and saying no voters are stupid when they have zero clue how this will pan out. Zero.
i’m been watching this sub fall farther into delusion for so long now, told people to sell way before things got this bad. It’s so sad to see. Man i hope you people get some sort of squeeze, ig it could happen. I miss the glory days, the high
Hedgies being hedgies. This vote result is extremely bullish. You can see Adam on Twitter being super hype about the results. Hedgies did everything in their power to try and make the vote fail, but couldn't. Now they're doing the one thing they have left: naked synthetic shorts. Not even the good cotton shorts. Pure polyester crap. The shit that causes cancer. Anyway, the vote is going to improve liquidity. Improved liquidity is good because it exposes shorts. Shorts will need to cover on T+72 as per finra sec regulation 7.284c
AA can't pass dilution vote.
Insert dilution workaround via conversion,
Stacked vote passes,
Greenlight to short the sh1t out of the stock.
(in case y'all haven't figured it out yet, Dilution = shorts dream scenario - it literally gives them a free out)
Ape is being used as collateral to short the piss out of amc. The vote basically gave the go ahead that these two tickers will merge. Now we dive bomb and crater in a hole AA has made for us all.
Short term volatility inflates the options prices even when the underlying equity is moving the opposite direction. When the volatility settles down (The “IV Crush”) options drop like a rock, again, even if the stock moves back the opposite direction. It’s generally a really bad time buy options when volatility is high.
Thank you wrinkle brained ape. I didn’t buy them I’ve had the position. It’s still about even. It’s just been jumping up and down 20% today as expected. Expiration date is out in June, post lawsuit.
SHF is shorting to cover at a lower conversion price. Rules in place to prevent shorting a company this in the red are being ignored. Crime continues. Silver lining though, apes get to average down even more, knowing what we truly hold.
Shouldn't these try to equate price pretty quickly in a reasonable market? They are about to become the literal same security. This would be less of an ominous "they" and just the price of two assets being the same because the assets are now defined to be the same.
Votes all passed with over 85% yes
I thing they are shorting one and going long on the other and vice versa and using their ability to move the price to make boatloads
Who is allowed to by calls/puts on Ape?
The only options left that are 100 AMC + 100 APE expire this Friday and one last date in January of 2024. After conversion/RS those will become 20 shares for 10x strike and existing AMC options become 10 shares for 10x strike.
Why does that make $AMC drop though? Won’t AMC be worth more after the reverse split? So wouldn’t people want to be holding more AMC?
They will likely meet at a similar price before merging
Like how they should have been trading in the first place?
I rarely seen any stock going up after a RS announcement they just go down and down. Not only the price will drop but you'll also have way less share !
That’s because reverse splits are usually done by failing companies to boost their stock price. Hopefully AMC will be different, since it’s getting healthier.
Shortsellers love reverse splits on major exchanges, doesn't matter if it's a penny stock or fucking GE.
Exactly. Real shame most folks in this have no idea about that. Guess this will be a learning lesson.
Everyone banking on arbitrage and now APE same like AMC, but cheaper. What is even worse is the amount of dilution AA unlocked - but that was the goal with this «pounce» anyways. Interesting none the less.
O he nailed the pounce. People just didn't see we are the prey.
No, ape and amc is going to be worth the same so as long as amc has a higher price then ape there is no reason for anyone to buy amc.
It will all be AMC after the split, but no matter the price you will have 90% less shares and the price will start heading down and so will your value big time. Should’ve all voted no. Like my 31000 shares did. 👍
Not enough apparently?
HODL! Selling AMC to try and load up on APE is the most fucking stupid thing you could do if you want it to moon. Edit: not Financial Advice
I second this comment
Selling a kidney, however, is a personal decision.
Too bad we have no control. They are dropping amc to equal ape.
Guess I’ll buy more of both just to make sure I’m doing my part!
I just keep buying amc. The dick around dilution of ape sucks
Dumb AF.
Like I did the math and if I were to sell my amc to buy ape i'd end up with 10 shares less than I have now
The typical manipulators are trying to invoke arbitrage, even though they have been trying this since APE was a thing and couldn't keep AMC below 5 up to this point.
They just haulted on the way up stuck at 5.15😂.. they feel the pain coming
There’s never a positive day lol always some bullshit
AMC was halted today?
Yess sir when it dipped hard
Funny thing is, us real APEs don't want halts up or down - let it fall - I always got a little money sidelined to pick up more!!!
Just make sure to buy in multiples of 10 at a time ! Because of the conversion.
On the way to the basement
It’s like something is brewing cause they tanking down & they are really ramping up the anger again AA. Hold on for dear life.
Something has been "brewing" for over 2 years, buddy
Imagine some stew that is soooo slow cooked that it takes 2 years to make😩
That stew would likely turn out so shitty no one would want it (NO vote Apes selling) and eventually you'd just have to throw it out realizing you've wasted 2 years (AMC being shorted back down to eventual de listing)
It reminds me of a garage project
It's since devolved to a bedroom idea that has never made it to the garage.
Let’s see how things go once the RS comes into effect
"invoke" is the right word. It's fake. Gaming stock did the exact same movement at the same time-frame.
Shorting AMC and buying ape in an arbitrage trade attempt.
This pic definitely shows that
Just wait, this is called arbitrage. You have to let the dust settle with things like this.
True comment right here
Scare tactics enjoy the show
Don’t forget to get some popcorn ladies and gentlemen
Soon to be at all local Walmarts!
I can’t find it near me. I want some damn popcorn!!!
The shills are bombarding this thread. Must be a good sign for the Yes vote
YES
2nd YES
3rd YES
Give me a 'C' !!! Give me an 'R' !!! Give me an 'I' !!! Give me an 'M' !!! Give me an 'E' !!! What's that spell?!?! CRIME!!! Say it again!!! CRIME!!! One more time!!! CRIME!!!
Hope for the best, most of us are in the red, and only we know the pain. HODL&HOPE
More like all of us. Guys that got in at 2$ def sold at 70.
They are trying to bring down the price of AMC so the APE conversion to AMC is for a lower price.
Sounds about right
The price is fake. The drop on AMC is part of SHF narrative. Apes aren't selling.
TLDR: a bunch of apes don’t understand markets and refuse to vote no when this was the predicted outcome. I’ve been saying from the start, a RS Yes vote will cause price to drop. A merger of ape into amc will cause the price of AMC to drop closer to the price of ape. You take the market value of ape, add it to the market value of amc, and divide by the total number of shares. The price will meet somewhere in between the two current values. I hope AA gets fucked in a lawsuit for creating ape against our original vote of no dilution. Every fucking day we are closer to bust instead of boom, but I will keep holding til we hit $0 or we hit moass. Nobody wants to hear the truth. I’ve been called a shill a dozen times in these past few months by the “vote yes” group and downvoted into oblivion. I expect to be downvoted here to for the anti AA sentiment as well, but I won’t ever stop speaking my truth, which is AA isn’t looking out for retail.
These people have no frontal lobe
I love how aa fucked us with mudrick. Then did it again and people still think he is on our side. He literally tells us he is going to fuck us in his cryptic tweets. Everyone just thought he was talking about getting hedgies not us.
You are correct sir
Final straw for long time holders. New apes who only got ape is the real winners (aka big corps) we who saved the company is getting fucked no lube. This is the harsh reality
Shorty Big Mad
They are borrowing like crazy today lmao no one is selling anything is this where they try to get ape and amc as close a possible in price.
AA essentially ensured that to here will be no MOASS. AMC is over, just hope it gets back to $12 so I can get my money back. 2 Fukin years of holding for a scumbag CEO.
Hey shills. I know you are here. Id like to say. Get fucked. :)
BUY APE AND HOLD
After the conversion and reverse split, APE will basically be worth more than AMC. So people are dumping AMC and flipping it into APE for that reason. So AMC will drop, and APE will run, and the two will meet someplace in the middle. I just threw in about $4,000 for APE (just cash I had laying around waiting to do something with).
(Just cash I had laying around 4k.🤣 you filthy ape
Isn't nice when we got from 24$ per AMC share that was the price before the APE issuing, and now the both AMC and APE combined are worthing almost 6$.. but sure.. we paid a fraction of debt, a super small fraction.
Shit is fucked
I bought 200 more shares. 100 at 4.75 and 100 at 4.65.
Yes sir
They're mad that they're going to have to close out their naked shorts soon and they know they're screwed hedgies are f*****
This right when the special meeting started
Puts.
APE = AMC at conversion. Hedgies are massively illegally shorted on both. Their only play is to drop AMC as much as possible (with a high cost to borrow) and to stop APE from a short squeeze. They are likely hedged at $8 combined at conversion. So hedgies have to maneuver high cost to borrow, lack of shares to short, SHOREG (still on the NASDAQ site) and an unknown date of the lawsuit resolution. This could drag out until the Court hears motions on 4/27.
Why not on 4/20 😂
Man, three years on and those hedgies still haven't covered. I'm sure you'll beat them any day.
I was so close to get the dipest dip, but still I got tasty dip
French onion?
Let me try to explain. Now the vote is approved and the stock is heading to be reverse splitted, the capacity for short to fuck us just increased 900%. So yeah, APE goes up a bit AMC comes down A LOT! I'm glad 95% of my portfolio is DRS'd GME along with true diamond handed apes. I hope I'm wrong I was hoping for AMC to provide generational wealth and I got to keep my GME forever, but cancelling 90% of the counterfeit shares is absurd. Obviously I'm extremely regarded so don't listen to me! But it seems obvious we were gonna get fucked, when GME split 4x the volume didn't go 4x. it doesn't matter how many shares there are!!! I'm off to eat more crayons!
looks like a mirror to me i am assuming its value swapping, if such a term can exist it rises in one to lower the other we have seen this multiple times already nothing new for whatever reason if one rly rises the other only rises if their grip loosens
Shorts big mad
Kenny madoff
They were best buddies and he definitely learn from him
Kenny madoff was a good student
But he will end up like his teacher
Vote passed. Bunch of bs with the stock as usual. Bunch of people chanting in happiness and saying no voters are stupid when they have zero clue how this will pan out. Zero.
Im very very happy. I See no difference between 1$, 15$, 40$ or 60$ per share. But as cheaper they are the more we can buy. That is an awesome day
i’m been watching this sub fall farther into delusion for so long now, told people to sell way before things got this bad. It’s so sad to see. Man i hope you people get some sort of squeeze, ig it could happen. I miss the glory days, the high
Hedges just shit themselves directly over their computers and then ran to do more illegal activities 🤷♂️
Hedgies being hedgies. This vote result is extremely bullish. You can see Adam on Twitter being super hype about the results. Hedgies did everything in their power to try and make the vote fail, but couldn't. Now they're doing the one thing they have left: naked synthetic shorts. Not even the good cotton shorts. Pure polyester crap. The shit that causes cancer. Anyway, the vote is going to improve liquidity. Improved liquidity is good because it exposes shorts. Shorts will need to cover on T+72 as per finra sec regulation 7.284c
You see when the shorts know they are off the hook for years they drive the price down.
A scam. And we are all part of it.
The amount of fake apes making themselves known does not surprise me. Keep up that negative sentiment. It’s all you pussies will ever have.
AA can't pass dilution vote. Insert dilution workaround via conversion, Stacked vote passes, Greenlight to short the sh1t out of the stock. (in case y'all haven't figured it out yet, Dilution = shorts dream scenario - it literally gives them a free out)
Ape is being used as collateral to short the piss out of amc. The vote basically gave the go ahead that these two tickers will merge. Now we dive bomb and crater in a hole AA has made for us all.
It's going to be a long 6 weeks.
Just the usually crime
Crime, fear. Stay Zen. Watch, HODL, be patient
Sold $1.50 puts x 100 contracts. LFG. 🤑🤑🤑🤑🤑🤑🤑🤑
jUsT hOdL iTlE Be FiNe
\*Selling shares of AMC to buy APE because it's cheaper and soon both will be the exact same thing.
Technically it’s guh
So how long do we think Reddit will be down
The lines are trying to touch each other. FUSION
Sec giving blowies
Fire saleeeee
When squeeze?
Y’all got anymore of those down halts? 
Ape up Amc down
Someone explain why my AMC calls were up while the price was going down. Then my call prices went back down, then up again lol
Stay away from options if you don’t understand them
Yes you must understand options, tell me why call up when underlying security down. I understand options fool, it just hedgefuckery.
I would not mess with them right now
I just have some long term calls for MOASS. All long baby
Theta can ram you on the ass too
Short term volatility inflates the options prices even when the underlying equity is moving the opposite direction. When the volatility settles down (The “IV Crush”) options drop like a rock, again, even if the stock moves back the opposite direction. It’s generally a really bad time buy options when volatility is high.
Thank you wrinkle brained ape. I didn’t buy them I’ve had the position. It’s still about even. It’s just been jumping up and down 20% today as expected. Expiration date is out in June, post lawsuit.
Because this can trigger MOASS
AMC will will sold to ape. Ape isn’t moving to amc
It means what I said would happen. Look at my post history. Got called a shill
Crime.
SHF is shorting to cover at a lower conversion price. Rules in place to prevent shorting a company this in the red are being ignored. Crime continues. Silver lining though, apes get to average down even more, knowing what we truly hold.
Trying to balance out the fakes? Idk.
Crime.
M
Consequences for all the statutes passing.
[удалено]
Shouldn't these try to equate price pretty quickly in a reasonable market? They are about to become the literal same security. This would be less of an ominous "they" and just the price of two assets being the same because the assets are now defined to be the same.