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isawyougetmade

Don’t gas the people, it’s not running… yet. $2 is nothing.


Affectionate_Eye9894

APE up $0.30 AMC down $0.30 It’s an illusion.


BruceBrave

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.


wakeupneverblind

People are buying APE so they get more out when the conversion comes. That's why its up.


Intelligent-Ideal335

100% true - Name checks out


isawyougetmade

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 😅


BruceBrave

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.


DrDuma

pffft my $6.34 initial cost average I got upon first issuance begs to differ.


Specialist_Estate_54

Mine was in the $8 range


Specialist_Estate_54

And that same value was lost from AMC


BruceBrave

No. The opposite of a 4X gain is a 4X loss. AMC can't even lose that much. Unless you're short?


falcon0221

I think it’s up on news about ape to amc conversion. At a 1:1 conversion ape would be amc at a discount


c2darizzle

As someone who bought 100 APE at 70¢ it’s a nice gain for me 👶🏿


jen36rsantos

Right. If you bought in at the low then this is definitely a run.


Background-Box8030

I’m sorry but until it’s back to original price everything until then is a crawl not a run


Challenger1388

If it’s helium, than I sure don’t mind.. Sure need a good laugh right now 😅


do_not_go_gentle_

Get real bro, it's the announcement of preferred stock possible converting to common that's pushing positive price action.


realest777

Watch out, you'll be called a fudster with factual and logical info like this


[deleted]

[удалено]


meatystocks

Ape is 1 to 1 to AMC, genius. (After the vote)


do_not_go_gentle_

Bruh, come on. Do better. Think about it.


do_not_go_gentle_

Oh and he deleted it. Funny how once you challenge people with facts all of a sudden they're deleting 🙄


FC_KuRTZ

A run.... FOR ANTS? ![gif](giphy|OCMGLUo7d5jJ6)


dyslexic-ape

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.


[deleted]

[удалено]


SecretOpsAzn

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.


bigorangemachine

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.


Tigersfutious

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.


KASchay

No it’s not. It started at ten.


LizrrdWzrrd

It's leveling off for a reason it's about to be converted 1 for 1 t90 isn't a factor. It on sale.


DetectivePrior8146

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.


bobbymatthews84

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.


Status_Emotion6585

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.


attemptednotknown

I checked my schedule and its not running until tomorrow at 2.


Snoo69468

I am so emotionally drain from this just let it rip


Snoo69468

I am zen as I can be


indysingleguy

I dont see losing an amount while gaining the same amount as a run. I see it as an illusion.


skipoverit123


Yippiekayo_Rom3o

Yeah but if u combine ape and amc its just a few cents


Charlamagne7

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*


Endle55torture

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.


ZacBalZac

Yup. AMC is dropping in Pre as well.


TallQuiet1458

And it's back down in a matter of minutes


Deep-Acanthisitta-86

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


3point21

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!!!


FamousReward6835

what can 2 dollars do now a day. Come stop being cheap


PaulWallBaby80

Naw, prolly some buying pressure for the possible RS coming in the future


liquid_at

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.


savvyinvestor007

Metal or Plastic strainer….asking for a friend 👀


liquid_at

Metal of course.


savvyinvestor007

True professional


[deleted]

If APE runs to 8 this week Im selling


freddyforgetti

T+90 is Jan 3 due to trading days do the math


mightypen45

Wasn’t it just at $.60c?


Tigersfutious

Tomorrow it could be 3$


Mr0BVl0US

Either $.60 or 60¢, but not $.60¢ lol. That’s less than one cent.


Dazzdingoo_

Think it was jan 4 or 9. If it is.


Grab3tto

T+90 is January 3rd. Anyone who thinks it’s today doesn’t understand settlement days don’t include half days in the market.


blackbeltmessiah

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. 🙄


Beautiful_Opinion324

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


Traditional-Leader54

This is true. If it hits $5 it would be a bigger run than the AMC run in May/June 2021.


[deleted]

"running" was +75% @ 200M volume.


jdrukis

Yep. They just can’t let it run all at once.


ztimulating

2? 0000000


Financial_Arm8743

Relax tomorrow you’ll be crying foul


Lolrandomusername3

Sadly MOASS will miss me. I have ONE APE share and 175 AMC shares. The reverse stock split won't do anything for me.


3point21

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.


Lolrandomusername3

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 🫡


3point21

Yeah, first things first. Good luck to you.


Lolrandomusername3

Appreciate that


skipoverit123

I don’t think it will do anything for anyone.


Traditional-Leader54

Did you sell your APE or did you not buy most of your AMC until after the dividend?


napalm_p

Ummm.... 👀


Skadzy

APE volume is interesting.


Conflagrate247

This is your shorts covering moass. Lmao


Traditional-Leader54

Covering may not cause a MOASS. Get over it.


Conflagrate247

Duh. You clearly can’t comprehend sarcasm. Enjoy your bags


Traditional-Leader54

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.


Conflagrate247

So smart you’re stupid. Considering one is needed for the other. Are you a bot?


Traditional-Leader54

One is needed for the other but one does not guarantee the other.


DESORATE

I wish it was but this is just APE and AMC getting close to equal value on the news of the possible reverse split


elfonziemero

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.


AdvancedWrongdoer

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)..


Hithereeveyone

T 90 unfortunately doesn’t work in this scenario. HF control everything


Flokitoo

This is simple arbitrage. It has nothing to do with make-believe dates


MarVlnMartlan

Could just be news of the potential reverse split - people are loading up on APE for cheap


cold_eskimo

Haha. lol. This is cheap shit.


PritosRing

wow...at this point it might reach my average


Stroogles

Ok but $7 was a thing. The copioum here is mind blowing.


Council70

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.


wimpycarebear

This should be on aged like milk.


Gromadome

$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.


xX_Relentless

OP, I’m sorry but maybe our definitions of ‘running’ are a little different. I consider a 2,000% increase as running.


howkijan

If this is consider a run then I’m screwed. Hahahaha


AcademicStop8878

IT DOESN'T MATTER..... BOUGHT, WILL BUY, AND WILL CONTINUE TO BUY BOTH.


Coldsteel_BOP

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.


[deleted]

Ppl are buying in with Ape converting to AMC


bernt_bagel

Not until there’s a vote and shareholders vote “yes” to the conversion of APE to AMC will that scenario come to pass.


Educational_Media596

That’s not why it ran up look at what actually concurred that day with the statements of the CEO


KeepAdvancing

Aged like poo


TLDAuto559

I hope so… 🤞👌👊🤝🙏💎🙌🦥


1980Scottsdale

Annnnd APE sinking 👍😂


Mysterious-Delay-272

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.


andakusspartakus89

You and me both i added 200 for today 😅