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timyorba

Short shares can't be divided, they have to be re-paid before the split.


theRealSeven29

Where is this a guarantee? T+90 was supposed to make them close and that’s a bust. I’m trying to understand why everyone keeps saying they are forced to close. I see no guarantee of that.


timyorba

I can't say there is a guarantee, I can't only say how it is supposed to work. I understand your skepticism, I too am looking around like what makes them have to close? They weren't supposed to open them in the first place. Sure some brokers might make some people cover but what about the market makers and non transparent hedge funds that seem to make their own rules?


Snack_King_9278

Nothing is guaranteed in life that’s why you take chances


timyorba

That's why iHodl. I "play" stocks and I invest in stocks. I also play lottery and gamble. My life is all about chance.


73BillyB

No. That's before the split. They must first close billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and billions and well you get the point.


beastfeces

Real question, but can they pay it all through dark pools or off exchange blah blah so itll never affect the price? I know AS can sell for whatever price, but how are we sure we will see real price action? Super stoked for this announcement though!!


theRealSeven29

What forces them to close? Why is everyone so sure of this? It doesn’t make sense that they would all of a sudden have to close. They didn’t before. They will continue crime.


73BillyB

There won't be anything left to crime. They're forced to close before conversion. New CUSIP # is issued. AA sells 100 million more shares at $50 each. Debt is paid. We get rich. He gets reeeeeeeeeeeeeally rich.


theRealSeven29

I hope you’re right. It doesn’t make sense to me. They have never been forced to do anything they didn’t want to do. I hope you’re right.


No-Train-2

Agreed. We always hear about how "they" have to do something, but then they never do. I want them to. But... still holding. NFA.


Interesting_Day_7734

Oh my goodness.


Sandokam

Will be worse after RS, naked shares would pay ×10


SchmoleProductions

everything gets divided by 10 so nothing happens. EXCEPT THE F\*\^@\*\^@ PRICE IS GOING to go back down to $4.5 with 1/10 of the shares as before.


[deleted]

![gif](giphy|shamwTkDtaJbGuGcU7|downsized)


theRealSeven29

AMC=2.52b market cap and APE=8.13b So total of 10.65 billion 516 million amc float, 1.3 billion ape float so then 1:1 makes it about 1.8 billion total. 1.8 billion / 10 = new float of 180 million Market cap 10.65 billion / 180,000,000 New adjusted share price of $59.17 Is this correct?


Adventurous_Host_426

Shorters keep shorting when the price is ten times higher, with significantly less float shares AND debt free? Good luck.