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Prudent Capitalist

09/19/22 11:22 AM

#110834 RE: Groveman1 #110823

You have to add APE in to get a fair price Grove, as the preferred APE dividend was actually more of a split, and AMC's share price had to drop to account for the APES. One AMC share pre-dividend is now 1 AMC and 1 APE. Even if you add them together this am, you are at $13.73, well below where AMC traded around $18 the last day it traded alone. But, if AMC/APE combined cannot re-take and solidly hold $14, there appears to be more risk to the downside.

No matter how everyone looks at AMC, it is an $8 stock and dropping. I don't want to hear add APE's PPS in. Never heard of adding 2 stocks together to get PPS.