sure did. I have zero believe any AMC squeeze will come in the next year or two. I used to promote the MOASS. Now I say the criminal forces in the market will never allow a MOASS of any kind from happening.
So why hold AMC shares and lose money if you can hold APE shares and make money. I believe the merger conversion and RS (unfortunately) is in the bag. It would take an act of GOD to stop it. The AMC Co. have the votes to allow it to continue and no stupid lawsuits or people belly acking on how they are about to lose 90% of their shares is going to convince any judge to stop the conversion from taking place. Also, considering no MOASS or any AMC stock squeeze is going to happen what is the benefit of wiping out the APE shares and keeping AMC shares going nowhere?
I am not sold on any AMC/APE squeeze, so all you have left is AMC moving fundamentally. How much can AMC stock move fundamentally? With APE conversion AMC Co. can pay off all their debts and indirectly help the stock price and maybe flush out the shorts from holding their AMC/APE positions or taking new AMC positions. If not, all one can hope for is an AMC/APE stock squeeze and I am 100% convinced an AMC/APE stock squeeze will not be allowed by the current criminal market officials. So what is the point here to do nothing and have half of your AMC/APE positions (APE shares) go to zero. I see that is the worst of all plans.
Someone please educate me if I am wrong on any of these points.
BTW, I am not a financial advisor and this is just my opinion on what is happening in this AMC/APE stock.
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