SETTLEMENT SHARES
Guys please double check your settlement shares status.
I read the 8-K fillings by AMC, which to my understanding, you are to be given 1 settlement share for every 7.5 AMC share you owned by the end of 24th August trading day. (Please correct me if I'm wrong)
There seem to be a discrepency at least to my own account. (waiting for customer service to get back to me)
Do check your account if settlement shares issued is the correct amount.
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Chow Jun Wen : Nope, I just contacted moomoo this morning. They based on the position of 22nd. Meaning any shares purchased subsequent to 22nd will not entitle the settlement shares.
Chow Jun Wen : I guess they factor in the T+2. Good luck, have fun.
Diamond ballsOP Chow Jun Wen: the first reply they had to me they say they based it on end of 23rd..
haha.. guess the customer service is as confused
intuitive Jackal_354 : never got mine
71464218 : I just want to know why I’m been charged 4 times with a transfer margin of $38 dollars by ETrade. They claim it’s being done by AMC the company?
Diamond ballsOP intuitive Jackal_354: are you on Moomoo US?
Im trading on moomoo SG.. gotten mine today, but as my understanding, they settled it on a wrong day from the 8-k filings
Diamond ballsOP 71464218: not on ETrade, but I call BS on the claim its done by AMC..haha
Sabertrader39 71464218: I got charged twice @ 38.00
affable Eagle_2095 : Love this too share count didn’t increase ! Amc had to buy them for 127 million dollars . AA won’t dilute until it hits 30 a share . Even with settlement I’d bet a paycheck Amc still shows a profit this quarter cause of Barbie ! This is a power play headed north not south . I have no doubt 30 in next few weeks incoming with no dilution until ! Aa is super quiet
too . He even said 30 dilution 25 million shares . All amateur shorts are gonna get burned until AA dilutes .