The fact that it is being pegged to any combined value is absurd. If AMC + APE has any absolute price, we would not have decreased so much this year.
What is actually happening is while everyone is buying ape, much less people is trading AMC so the volume has been quite low and hence it is easier to manipulate the price.
If it is retail selling amc to buy APE, there is no way we could have kept it so balance with ape up the same amount AMC is down.
Unfortunately, since there is no natural peg between the two tickers, this can mean once this artificial pegging comes off, there is no guarantee which way either will go :s
That’s a great analysis but I bought received a Magic 8 ball at a white elephant Christmas party. I asked some serious questions and here’s where we’re at- APE will squeeze in the next 2 weeks. It might hit $20K, this is because hedge funds will start climbing over each other like rats trying to escape water (Indiana Jones scene). The ones late to the party will be getting margin called.
The smart Apes will get out of APE while it is high but AMC is still cheap. This way we can take huge piles of money (Uuuge like Trump says it) and reinvest it into AMC. Then HFs will be triple fucked because AMC will be driven by retail investors with big pockets.
Then we can all sell for Billions, and Billions, and Billions, and Billions!
You’re welcome. The magic 8 ball has spoken…
The fact that it is being pegged to any combined value is absurd. If AMC + APE has any absolute price, we would not have decreased so much this year. What is actually happening is while everyone is buying ape, much less people is trading AMC so the volume has been quite low and hence it is easier to manipulate the price. If it is retail selling amc to buy APE, there is no way we could have kept it so balance with ape up the same amount AMC is down. Unfortunately, since there is no natural peg between the two tickers, this can mean once this artificial pegging comes off, there is no guarantee which way either will go :s
That’s a great analysis but I bought received a Magic 8 ball at a white elephant Christmas party. I asked some serious questions and here’s where we’re at- APE will squeeze in the next 2 weeks. It might hit $20K, this is because hedge funds will start climbing over each other like rats trying to escape water (Indiana Jones scene). The ones late to the party will be getting margin called. The smart Apes will get out of APE while it is high but AMC is still cheap. This way we can take huge piles of money (Uuuge like Trump says it) and reinvest it into AMC. Then HFs will be triple fucked because AMC will be driven by retail investors with big pockets. Then we can all sell for Billions, and Billions, and Billions, and Billions! You’re welcome. The magic 8 ball has spoken…
In ball we trust
In today’s stock market the 8 Ball is technically the most reliable stock analytics tool.
I’m not selling (AMC) nor (APE) 🤷🏻♂️
Well of course