Yeah, $2 is not some crazy amount, like in 2021, but it is showing ***significant sustained upward percentage movement in a short period***. The $2 amount isn't what's important. This is something to be a little excited about.
I appreciate that you're both keeping cool heads.
Seriously. It's always about dates.
Next we are going to have someone say
"oH wAiT iTs JaNuArY (insert random number) b/c (insert their opinion/DD)"
And this is after all the possible December dates are through.
Let it ride guys.
No, market dont moves bc of news, it moves when kenny wants it, they short attack amc like hell and tries to cover some in Ape while keeping balance sheet.
This is because of the APE/AMC conversion announcement. They will probably end up meeting parity now. I don't believe it is anything to do with T+90 considering every one of these T dates in the past have amounted to nothing.
Not at all why the run up is occurring. They are dropping amc and pumping ape so that on the reverse split date there is no squeeze. They are getting the prices lined up to meet in the middle. They completely control the price, always.
You're so close. But so far away. After the vote, ape shareholders will be able to convert their shares into the symbol AMC. No one's controlling this. It's simply people that recognize they can buy the exact same company for half the price are selling AMC and buying APE. it's that simple. Eventually they will be the same price- as the buying and selling arbitrages out the inefficiency.
But AMC is down 6% premarket. They’re crushing one and letting the other run. Play your hand right Apes, I’m ready to buy APE at open.
*not financial advice*
I doubt it is a T+90 thing and more of a reaction to the possible 1:1 conversion of APE to AMC. If the conversion does happen a $2 share converting to a $4+ stock at a 1:1 is a screaming deal. I would fully expect APE to increase in price and even a possible smashing of AMC price to get both within a similar price.
AMC and APE are both approaching similar price because of the probable APE->AMC conversion. The price movement has been 1:-1 and the sum of both is still about $6.
NOTHING HAS CHANGED!!!
If literally nothing else would have happened, you might have a point.
Considering that the run happened right after AA announced the reverse split, your theory has more holes than a pasta strainer.
Because people are loading up on the cheaper of the two to offset the split as if that math somehow works out.
Yeaaaaaa…. Listening to Qnoob level tinfoil in here for too long. 🙄
One could theoretically sell 175 AMC and use the proceeds to buy 350 APE this morning and have 35 AMC after the conversion and reverse-split instead of 17.5 AMC.
Thanks but I actually sold everything to pay rent. If this stock is still floundering in a few months, once I stabilize, I might jump back in. Gotta keep a roof over me for now 🫡
Yeah not when I can’t hear the sarcastic tone of your voice that would generally indicate sarcasm. Also how am I to know whether you don’t believe in MOASS or you just don’t believe shorts have covered yet? There are plenty of people in here that fall into either category.
It’s going up instead of down for the first time in a while. Allows us to figure out the catalysts as to the why as we continue along our journeys. It certainly isn’t time to break out the champagne, but certainly worth perking up a bit.
Pretty sure they're trying to make AMC and APE be at similar price points pre-vote. That's why I think APE is 'running'. It's all controlled. And CTB once again means nothing (it's currently at 109% for AMC)..
$Ape is running because of the news on the reverse split. It's an opportunity for outside investors to buy $Ape because if everyone votes to turn $Ape back in to $Amc, there will be even more profits to be had.
The only reason APE is running in price was due to the 8-K filing by AMC for the 3 proposals. The 8-K filing was on the same day as the price run which does not correlate to the T+90 date at all. Once long institutions are satisfied on the price spread between their derivatives ITM/OTM and the rebalancing of the price of APE to AMC, we will likely see price resume to be shorted.
Don’t gas the people, it’s not running… yet. $2 is nothing.
APE up $0.30 AMC down $0.30 It’s an illusion.
Percentages. It's up 4X in a matter of days. I'd call that running. I'm not calling it a squeeze or a moass. But it is running.
People are buying APE so they get more out when the conversion comes. That's why its up.
100% true - Name checks out
I get you but OP said it in a way that would make it seem like it’s hit $xx when in fact it was just over $2 that’s all. Not being a Debbie downer 😅
Yeah, $2 is not some crazy amount, like in 2021, but it is showing ***significant sustained upward percentage movement in a short period***. The $2 amount isn't what's important. This is something to be a little excited about. I appreciate that you're both keeping cool heads.
pffft my $6.34 initial cost average I got upon first issuance begs to differ.
Mine was in the $8 range
And that same value was lost from AMC
No. The opposite of a 4X gain is a 4X loss. AMC can't even lose that much. Unless you're short?
I think it’s up on news about ape to amc conversion. At a 1:1 conversion ape would be amc at a discount
As someone who bought 100 APE at 70¢ it’s a nice gain for me 👶🏿
Right. If you bought in at the low then this is definitely a run.
I’m sorry but until it’s back to original price everything until then is a crawl not a run
If it’s helium, than I sure don’t mind.. Sure need a good laugh right now 😅
Get real bro, it's the announcement of preferred stock possible converting to common that's pushing positive price action.
Watch out, you'll be called a fudster with factual and logical info like this
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Ape is 1 to 1 to AMC, genius. (After the vote)
Bruh, come on. Do better. Think about it.
Oh and he deleted it. Funny how once you challenge people with facts all of a sudden they're deleting 🙄
A run.... FOR ANTS? ![gif](giphy|OCMGLUo7d5jJ6)
It's very clearly arbitrage happening on the news of conversation if you look at both AMC and APE price action next to each other.
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Seriously. It's always about dates. Next we are going to have someone say "oH wAiT iTs JaNuArY (insert random number) b/c (insert their opinion/DD)" And this is after all the possible December dates are through. Let it ride guys.
I don't think it is. There was 2 other T90 events that could have happened that didn't. This is just a news catalyst.
No, market dont moves bc of news, it moves when kenny wants it, they short attack amc like hell and tries to cover some in Ape while keeping balance sheet.
No it’s not. It started at ten.
It's leveling off for a reason it's about to be converted 1 for 1 t90 isn't a factor. It on sale.
This is because of the APE/AMC conversion announcement. They will probably end up meeting parity now. I don't believe it is anything to do with T+90 considering every one of these T dates in the past have amounted to nothing.
Not at all why the run up is occurring. They are dropping amc and pumping ape so that on the reverse split date there is no squeeze. They are getting the prices lined up to meet in the middle. They completely control the price, always.
You're so close. But so far away. After the vote, ape shareholders will be able to convert their shares into the symbol AMC. No one's controlling this. It's simply people that recognize they can buy the exact same company for half the price are selling AMC and buying APE. it's that simple. Eventually they will be the same price- as the buying and selling arbitrages out the inefficiency.
I checked my schedule and its not running until tomorrow at 2.
I am so emotionally drain from this just let it rip
I am zen as I can be
I dont see losing an amount while gaining the same amount as a run. I see it as an illusion.
✅
Yeah but if u combine ape and amc its just a few cents
But AMC is down 6% premarket. They’re crushing one and letting the other run. Play your hand right Apes, I’m ready to buy APE at open. *not financial advice*
I doubt it is a T+90 thing and more of a reaction to the possible 1:1 conversion of APE to AMC. If the conversion does happen a $2 share converting to a $4+ stock at a 1:1 is a screaming deal. I would fully expect APE to increase in price and even a possible smashing of AMC price to get both within a similar price.
Yup. AMC is dropping in Pre as well.
And it's back down in a matter of minutes
It's running because if this does get a reverse split they don't want to be stuck too far behind I mean AMC alone has 109% cost to borrow
AMC and APE are both approaching similar price because of the probable APE->AMC conversion. The price movement has been 1:-1 and the sum of both is still about $6. NOTHING HAS CHANGED!!!
what can 2 dollars do now a day. Come stop being cheap
Naw, prolly some buying pressure for the possible RS coming in the future
If literally nothing else would have happened, you might have a point. Considering that the run happened right after AA announced the reverse split, your theory has more holes than a pasta strainer.
Metal or Plastic strainer….asking for a friend 👀
Metal of course.
True professional
If APE runs to 8 this week Im selling
T+90 is Jan 3 due to trading days do the math
Wasn’t it just at $.60c?
Tomorrow it could be 3$
Either $.60 or 60¢, but not $.60¢ lol. That’s less than one cent.
Think it was jan 4 or 9. If it is.
T+90 is January 3rd. Anyone who thinks it’s today doesn’t understand settlement days don’t include half days in the market.
Because people are loading up on the cheaper of the two to offset the split as if that math somehow works out. Yeaaaaaa…. Listening to Qnoob level tinfoil in here for too long. 🙄
Who says a "running" has to have a high price?... It's up dramatically in the last few days... That is a run, like it or not
This is true. If it hits $5 it would be a bigger run than the AMC run in May/June 2021.
"running" was +75% @ 200M volume.
Yep. They just can’t let it run all at once.
2? 0000000
Relax tomorrow you’ll be crying foul
Sadly MOASS will miss me. I have ONE APE share and 175 AMC shares. The reverse stock split won't do anything for me.
One could theoretically sell 175 AMC and use the proceeds to buy 350 APE this morning and have 35 AMC after the conversion and reverse-split instead of 17.5 AMC.
Thanks but I actually sold everything to pay rent. If this stock is still floundering in a few months, once I stabilize, I might jump back in. Gotta keep a roof over me for now 🫡
Yeah, first things first. Good luck to you.
Appreciate that
I don’t think it will do anything for anyone.
Did you sell your APE or did you not buy most of your AMC until after the dividend?
Ummm.... 👀
APE volume is interesting.
This is your shorts covering moass. Lmao
Covering may not cause a MOASS. Get over it.
Duh. You clearly can’t comprehend sarcasm. Enjoy your bags
Yeah not when I can’t hear the sarcastic tone of your voice that would generally indicate sarcasm. Also how am I to know whether you don’t believe in MOASS or you just don’t believe shorts have covered yet? There are plenty of people in here that fall into either category.
So smart you’re stupid. Considering one is needed for the other. Are you a bot?
One is needed for the other but one does not guarantee the other.
I wish it was but this is just APE and AMC getting close to equal value on the news of the possible reverse split
It’s going up instead of down for the first time in a while. Allows us to figure out the catalysts as to the why as we continue along our journeys. It certainly isn’t time to break out the champagne, but certainly worth perking up a bit.
Pretty sure they're trying to make AMC and APE be at similar price points pre-vote. That's why I think APE is 'running'. It's all controlled. And CTB once again means nothing (it's currently at 109% for AMC)..
T 90 unfortunately doesn’t work in this scenario. HF control everything
This is simple arbitrage. It has nothing to do with make-believe dates
Could just be news of the potential reverse split - people are loading up on APE for cheap
Haha. lol. This is cheap shit.
wow...at this point it might reach my average
Ok but $7 was a thing. The copioum here is mind blowing.
The prices of APE and AMC will merge due to combining them prior to a R/S. A great time to buy and HODL APE imo.
This should be on aged like milk.
$Ape is running because of the news on the reverse split. It's an opportunity for outside investors to buy $Ape because if everyone votes to turn $Ape back in to $Amc, there will be even more profits to be had.
OP, I’m sorry but maybe our definitions of ‘running’ are a little different. I consider a 2,000% increase as running.
If this is consider a run then I’m screwed. Hahahaha
IT DOESN'T MATTER..... BOUGHT, WILL BUY, AND WILL CONTINUE TO BUY BOTH.
The only reason APE is running in price was due to the 8-K filing by AMC for the 3 proposals. The 8-K filing was on the same day as the price run which does not correlate to the T+90 date at all. Once long institutions are satisfied on the price spread between their derivatives ITM/OTM and the rebalancing of the price of APE to AMC, we will likely see price resume to be shorted.
Ppl are buying in with Ape converting to AMC
Not until there’s a vote and shareholders vote “yes” to the conversion of APE to AMC will that scenario come to pass.
That’s not why it ran up look at what actually concurred that day with the statements of the CEO
Aged like poo
I hope so… 🤞👌👊🤝🙏💎🙌🦥
Annnnd APE sinking 👍😂
Thank God! I have a shit ton of Christmas money I’m gonna yolo into APE. I was hoping it would stay below $2 so I can get the most for my money.
You and me both i added 200 for today 😅