Isn't it strange that APE is not moving up?
The settlement is 100% confirmed and purchasing ape means one is getting AMC on the cheap.
Even more strange that both prices have yet to converge. I bet my ape balls that market makers are confused what to do at the moment. This current predicament is one of a kind and yet to be faced in wallstreet history. I don't recall any ticker that reverse splits above a dollar price point with preferred equities as an arbitrage play. $AMC Entertainment(AMC.US$ $AMC Preferred Equity Unit(APE.US$
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Expendabiggles : They are planning to smash AMC to meet APE, not the other way around. That costs them more money.
Brrrrrrr : Holder of option contract, what will happen?
71736124 Expendabiggles: You are
Expendabiggles 71736124: I hold buddy. So it aint me. I have not sold a single share in going on 2.5 years bruh. Troll elsewhere
ben123 : I'm also curious why APE hasn't risen; the stock price should be regional enough to be correct