bio33 posted a great link to a Reddit post for peo
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Posted On: 03/08/2023 12:43:54 PM
bio33 posted a great link to a Reddit post for people who don't understand exactly what $APE shares are. It explains everything in great detail.
For the sake of argument $APE shares are the same as $AMC shares and should hold the same value.
Preferred shares are not supposed to be naked shorted or have FTDs. For some reason $APE shares have them all. When this train takes off and leaves the station, when shorts have to cover and brokers have to find shares because they rule 203b'ed orders (fill before locate) creating even more FTDs, and finally when $AMC does the reverse split......... ain't nothing going to stop this train.
Just my opinion.
$AMC/$APE arbitrage baby~!
For the sake of argument $APE shares are the same as $AMC shares and should hold the same value.
Preferred shares are not supposed to be naked shorted or have FTDs. For some reason $APE shares have them all. When this train takes off and leaves the station, when shorts have to cover and brokers have to find shares because they rule 203b'ed orders (fill before locate) creating even more FTDs, and finally when $AMC does the reverse split......... ain't nothing going to stop this train.
Just my opinion.
$AMC/$APE arbitrage baby~!
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