Hunchbackgeek, I saw PistolPete has a position in $AMC, Always a good sign. You guys are very savvy investors, and it is an honor to be on the same wavelength with you.
Ya know, I thought the #POUNCE was going to be something else, and this really was a pleasant surprise.
In the end I think this AMC Preferred Equity dividend will have something to do with share count.
My guess is that this was as much a surprise to the naked shorts as it was to us. Also tend to think Adam Arron and company learned from the $GME stock dividend. This was thought out. They are not just winging it.
How cool is it for retail investors to thumb their noses at the other side with a Preferred Equity symbolized $APE~? LOL~!
Very original and very smart.
Now let's watch the other side downplay it like it means nothing. Too funny. Let them burn their money trying to stop this train. $AMC not going bankrupt anytime soon.
Have newfound respect for Adam Arron (Popcorn). This may just be a master stroke IMO.
$AMC/$APE baby~!