$AMC Entertainment (AMC.US)$ so I'm not in the comments sect...
$AMC Entertainment(AMC.US$ so I'm not in the comments section too often and I'm trying to understand something at this point. is it the common stock that's getting split down to 10 for 1 or is it APE that is getting split down and merged with AMC. so let's say I have 100 shares of each. am I gonna end up with 10 shares of AMC plus the APE shares split down or would I have 110 AMC shares at the end of this split? just seeking some knowledge from some apes with more wrinkles than me
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Dominus_Ryder : The conversion of APE to AMC will happen first, and then reverse split will occur afterwards. So if you have 100 AMC and 100 APE, you will have 200 AMC after the conversion, and then 20 after the split.
Andrew SankeyOP : now are we talking these two events are gonna happen the same day or is there a grace period between the conversion and the reverse split?
Andrew SankeyOP : so then my next question would be, do the current options that are in play have to be closed out as if they were in a margin call in order for the reverse split to happen? or would that be something that is caused because of the reverse split?
Expendabiggles : They purposely make it confusing so no one actually knows whats happening.
Andrew SankeyOP : it's a mystery to me. just read an article saying it was like 7.5 APEs for 1 AMC. I've seen other reports that say different. it's so damn confusing trying to figure it out so just got into the habit of check a couple times a day and ignore it the rest of the time