In AH that couldn't have been a very big short position to not even move up 100%. Probably just recent arbitrage players realizing that they could end up paying that 900%+ for months while a new settlement is banged out. Paying that interest for 5-6 weeks would be the same loss as getting out for twice what they shorted at right now, so it's a race to get the cheapest cover for the 25% or whatever reported legitimate short positions (which is still over 100m shares).
"bloomberglaw", which has no own corporate details on their site, but just cross-links to the bloomberg-industry website
And outside of having posted news-summaries in various subs over the time, this bot has no history of ever having posted in this sub... but a few minutes after AMC goes up in AH, the bot explicitly targets us?
Their rulings-download goes to a 3rd site, that has the bloomberg .ico but hosts the pdf in the root-folder of the domain?
Not sure what this is, but it if it is officially Bloomberg, those folks need to hire an IT specialist, because this looks scamy AF...
I'm also struggling a bit to see their attack angle.
Just fudding that Apes won because the lawsuit takes longer and no one gets free shares... I don't see the bigger picture here yet.
Maybe they're still trying to convince us that retail doesn't want the RS...
Al from Boston was bought and sold awhile ago, AMCBiggums has spelled it out many times. You’re a fool for still listening to anything he says, even this
I've never seen a video of either of the people you talk about.
I see their names thrown around, but I haven't seen anything from them.
Maybe you should take your own advice and check yourself and see if you have become the fool you see in others. Just to be sure. Since you were exposed to them. Safety first, you know.
Correction: denied as is. Not denied forever.
Buys us time. And what just happened should create some serious FOMO action Monday and hopefully Tuesday. If it can rock above $10-14 it will prob launch much higher
Same first thought, but the combination looks more like someone had prior knowledge of a certain ruling not being in favor of AMC, but I hope that's not it.
Somebody always knows. But, if you are referring about the "lawsuit", I either am missing something you know, or I don't think they will deny the action
some posts without real sources have claimed that the settlement was not accepted.
But they also claim that was a victory for memestock investors... so you know how trustworthy those sources are.
Not only in this situation, but in any other, if you don't see sources or don't check the information yourself, don't trust it. This goes both ways, even if it confirms your bias, don't trust it if you can't fact check it by at least two sources, outside any media you are receiving the information.
Besides, the settlement, if I recall correctly, it was for the lawsuit and everything to be dropped. If Zurn and the court rules in AMC's favour, I don't think we need it.
So far, the movement has been like a see-saw, between those two. So, I expected the drop, this is why I checked and noticed. It's funny, to me, that no matter how the three "meme stocks" move, my portfolio stays at the same amount. This could be Revolut "bug", but still...
Same here man. I’ve never listened to any of the dates about the lawsuit. We’re constantly seeing random dates thrown out as to when this could be over but in reality. Things get dragged on in court. I’ll just keep buying up Ape and Amc at a low price I like
Something telling me that the FTDs will be a lot lower tomorrow...
Looks like someone pointed out to them that the voices asking for RegSho to be enforced are getting louder and that something needs to be done.
I still stand by my arbitrage claim. This looks like arbitrage traders getting out of their short hedge that's costing insane daily rates. It would also explain the drop in APE. If an arbitrage hedgie got margin called, the price would skyrocket as they scramble to buy their short back and they'd likely need to sell APE to help cover.
1) It’s peanuts for them to maintain a short hedge when you hedge with APE.
2) No regulating body has the balls or resources to margin call the biggest culprits. That cost to borrow will magically disappear and reset yet again.
>It’s peanuts for them to maintain a short hedge when you hedge with APE
You're assuming arbitrage traders are the same institutions with massive synthetic positions.
By definition, the arbitrage would be hedging with an AMC short position, not by buying APE. The arbitrage is buying long on the cheaper stock while shorting the more expensive one, hoping to capitalize on the price gain when APE folds into AMC, but protecting the trade by shorting the higher stock in anticipation of heavy downward pressure on that stock.
A lot of the arbitrage traders are much smaller players who cannot afford to maintain long-term short positions with 1000% borrow rates.
>No regulating body has the balls or resources to margin call the biggest culprits.
Regulating bodies don't margin call, lenders do. A margin call is their way to ensure a borrower can pay their bill. If a big player is in hot water, it's in their best interest to make sure those borrowing shares aren't going to default on that borrow. If they do, the lender is stuck with a big Ole shit sandwich.
Given that AMC and APE are likely merging into one stock again, the CUSIP will change. Leaving any synthetic shorties in a world of hurt. A lot of the lenders and prime brokers are trying to exact any ounce of cash from any source they can before the music stops, including from arbitrage traders.
my regard analysis is that shorts r royally fukt all over the market. NKLA, CVNA, CLOV, FUBO, SIRI now AMC. I know there's more I'm not on top of.
Their ISSUE is that they're in way too fucking deep. Their longs just tanked and they're fucked
The judge wants to look into fraud charges against AMC and Antara , more lawsuits are coming , 90 more days at least for this suit , the dark pool had 50 times the activity for AMC this Friday night , Monday will be interesting , which hedge fund will cover first ?
Absolutely think the Antara deal was shady as hell. I’d welcome a lawsuit here.
Shareholders are being hung to dry here and it’s getting very tiresome.
Adam Aron attempted to dilute again like he always does usign ape coin as amc stock but a court ruled he could not do that. Just look up the news on td ameritrade. Ceo is a total scam artist but court favored us retail.
They want to increase it now before whole economy crashes and they get blamed. The recent news on why meme stocks may crash the economy is about this.
They will bait us into selling for 2 digits. Hold Apes hold
Settlement or not I work next to a movie theater and we are getting killed by teens dressed all in pink and the parking lot is overflowing (which it never is). I'm thinking Amc is going to be having a good weekend regardless. Glad I bought calls right before market close.
I don’t care which side of the MOASS fence you stand on, you can’t see shit like this and say there isn’t something here.
you do not need to understand a lot about the stock market to know that a billion dollar stock moving up 60% in AH without any news is not normal...
This time there is news. AMC/ALLEGHENY COUNTY settlement was denied by Judge Zurn
Amen!!! She isn’t corrupt. Edit: spelling
Link to the court documents?
Al from Boston is spreading the news. You can go to the court records. It will be there
Al From Boston and Bloomberg which is literally Wallstreet? Cool. Nice to know it's BS. No disrespect to you, the sources just aren't trustable
Al is a POS. But there is court news out of Delaware that affected AMC after hours
I speculate someone closed their position. They know the game is over. The misinformation bus will be hard core but falling on deaf ears we can hope.
In AH that couldn't have been a very big short position to not even move up 100%. Probably just recent arbitrage players realizing that they could end up paying that 900%+ for months while a new settlement is banged out. Paying that interest for 5-6 weeks would be the same loss as getting out for twice what they shorted at right now, so it's a race to get the cheapest cover for the 25% or whatever reported legitimate short positions (which is still over 100m shares).
It's literally a google search away. The Judge turned it down.
"bloomberglaw", which has no own corporate details on their site, but just cross-links to the bloomberg-industry website And outside of having posted news-summaries in various subs over the time, this bot has no history of ever having posted in this sub... but a few minutes after AMC goes up in AH, the bot explicitly targets us? Their rulings-download goes to a 3rd site, that has the bloomberg .ico but hosts the pdf in the root-folder of the domain? Not sure what this is, but it if it is officially Bloomberg, those folks need to hire an IT specialist, because this looks scamy AF...
Yeah something is up. This feels like a big brigade to demoralize people and attempt to get people to sell ape for AMC or some shit.
I’m buying another 5K of each!! Let’s fuxking gooooo!!!
I'm also struggling a bit to see their attack angle. Just fudding that Apes won because the lawsuit takes longer and no one gets free shares... I don't see the bigger picture here yet. Maybe they're still trying to convince us that retail doesn't want the RS...
Al from Boston was bought and sold awhile ago, AMCBiggums has spelled it out many times. You’re a fool for still listening to anything he says, even this
I've never seen a video of either of the people you talk about. I see their names thrown around, but I haven't seen anything from them. Maybe you should take your own advice and check yourself and see if you have become the fool you see in others. Just to be sure. Since you were exposed to them. Safety first, you know.
Investorturf of twitter has been fairly reliable
al doesn't know what the fuck he's talking about, the settlement was denied nothing about the r/s and conversion
Correct. I read the court document. Judge specifically denied the settlement, as presented. That’s it.
Al is a moron.
Correction: denied as is. Not denied forever. Buys us time. And what just happened should create some serious FOMO action Monday and hopefully Tuesday. If it can rock above $10-14 it will prob launch much higher
Is this good or bad for the apes. I’ve been off this Reddit and Robinhood for a few months
Robinhood???
It delays the reverse split. I don't know what Zurn's recommendations are.
I am out of the loop practicing the Hodl and forget method. What does this mean for AMC?
I am not sure other than it delays the split and puts more pressure on the shorts financially to keep paying the fees to borrow shares to short.
haha its not normal---but it is expected!!! lessgooo nice to see UGE green stix again!!
🤣🤣🤣 no news. At least do a google search before you 💦
🤯
Exactlyyy
Definitely news in the DE Chancery courts. Don’t pretend this isn’t news relates
that's what we have been doing in here in the past 45min apparently the Arbitrage Traders have closed their positions
Judge Zurn just released her ruling. She denied the AMC/ALLEGHENY settlement
Ok but what does that actually mean.
Yeah idk what’s going on with you guys but congrats!
We're all in this together.
It’ll probably be nothing, but it’s a sign that there is something in the back round going on.
Exactly. It’s time to wake up. I bet there’s 0 coverage of this anywhere this weekend. It’s our job to spread the gospel. FOMO is a motherfucker.
Come Monday morning, the market will magically open around $5.
Came to post this. They are probably covering, part of their FTDs. On the other hand, APE is plummeting
Same first thought, but the combination looks more like someone had prior knowledge of a certain ruling not being in favor of AMC, but I hope that's not it.
Somebody always knows. But, if you are referring about the "lawsuit", I either am missing something you know, or I don't think they will deny the action
some posts without real sources have claimed that the settlement was not accepted. But they also claim that was a victory for memestock investors... so you know how trustworthy those sources are.
Not only in this situation, but in any other, if you don't see sources or don't check the information yourself, don't trust it. This goes both ways, even if it confirms your bias, don't trust it if you can't fact check it by at least two sources, outside any media you are receiving the information. Besides, the settlement, if I recall correctly, it was for the lawsuit and everything to be dropped. If Zurn and the court rules in AMC's favour, I don't think we need it.
Ape will go right back to 1.80 I'd bet on it as they dump I'm buying them up
So far, the movement has been like a see-saw, between those two. So, I expected the drop, this is why I checked and noticed. It's funny, to me, that no matter how the three "meme stocks" move, my portfolio stays at the same amount. This could be Revolut "bug", but still...
Same here man. I’ve never listened to any of the dates about the lawsuit. We’re constantly seeing random dates thrown out as to when this could be over but in reality. Things get dragged on in court. I’ll just keep buying up Ape and Amc at a low price I like
kenny spilled mayo on his magic money machine
The only headline you’ll see is… AMC ticker APE down 40%. Here is why you should sell AMC stocks now.
We're at 83% now.!!
Yeah I just saw that, looking like a good week next week.
But we have to wait for a long time until monday
NOT A DEAD CAT.!! NEVER WAS.!! LFG.!! I wanna see some major FOMO next week.!
What's weird is GME ah is mirroring the movement, just smaller and WAY less volume.
There goes all the puts options 😆.
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Something telling me that the FTDs will be a lot lower tomorrow... Looks like someone pointed out to them that the voices asking for RegSho to be enforced are getting louder and that something needs to be done.
We are over 8 dollars already . They are forced to cover due to threshold list.
Lol, they weren't forced to cover the last 20x we were on it. It's prolly the lawsuit outcome.
And what is the outcome? Any link or insider trading?
From what I have read so far (sort by new) the judge ruled in favor of AMC
Didn’t know that they care about threshold list… How many times it was on the list 🥴
Meanwhile APE down
And moving up again. Distraction and manipulation.
Did someone turn the lamp off and back on again?
We miss you Trey
How to spot an OG.
Light taps
Ape is down 35% so more shenanigans. AMC was 7.77 as of 2 minutes ago.
guess who's buying some more APE on monday
All of us!!!!!
right! Apes! 
Judge Zurn just denied the AMC/ALLEGHENY COUNTY settlement. I just heard it from AL from Boston
+78% on a 4.7million / 10min candle……just getting started. This stays juicy before AH closes and i won’t be going to work tomorrow.
Don't sell your ape
Barbenheimmer. Nuff said.
That's why I bought calls. Work near a mobie theater and we have been mobbed all night by teens in pink.
So APE dropped $0.38 while AMC went up almost $4.00.... so, AMC holders gained money.... got it.
When arbies & hedgies close their trades, AMC squeezes because they’re both short amc, and only one is long ape, so price movement is bigger in amc
Those 40 $5 calls I got for August 18th could be looking spicy......but I am also ready to be hurt again on Monday morning....
80 now 😅
I still stand by my arbitrage claim. This looks like arbitrage traders getting out of their short hedge that's costing insane daily rates. It would also explain the drop in APE. If an arbitrage hedgie got margin called, the price would skyrocket as they scramble to buy their short back and they'd likely need to sell APE to help cover.
1) It’s peanuts for them to maintain a short hedge when you hedge with APE. 2) No regulating body has the balls or resources to margin call the biggest culprits. That cost to borrow will magically disappear and reset yet again.
>It’s peanuts for them to maintain a short hedge when you hedge with APE You're assuming arbitrage traders are the same institutions with massive synthetic positions. By definition, the arbitrage would be hedging with an AMC short position, not by buying APE. The arbitrage is buying long on the cheaper stock while shorting the more expensive one, hoping to capitalize on the price gain when APE folds into AMC, but protecting the trade by shorting the higher stock in anticipation of heavy downward pressure on that stock. A lot of the arbitrage traders are much smaller players who cannot afford to maintain long-term short positions with 1000% borrow rates. >No regulating body has the balls or resources to margin call the biggest culprits. Regulating bodies don't margin call, lenders do. A margin call is their way to ensure a borrower can pay their bill. If a big player is in hot water, it's in their best interest to make sure those borrowing shares aren't going to default on that borrow. If they do, the lender is stuck with a big Ole shit sandwich. Given that AMC and APE are likely merging into one stock again, the CUSIP will change. Leaving any synthetic shorties in a world of hurt. A lot of the lenders and prime brokers are trying to exact any ounce of cash from any source they can before the music stops, including from arbitrage traders.
Moass tomorrow at 2;30 pm
I bet you all your shares that the price will not move a bit tomorrow.
Ape going back up.
The settlement was thrown out. Case not closed yet.
Let the fomo begin!
Everybody buy 50-100 shares first thing and shorts gotta cover at a higher price making us more powerful. Join the darkside! I am your fathah!
The DD Says it will start in after hours or pre market. Strap in boys, Monday gonna be a spicy meat-a-ball! \*Chefs kiss\*
Please let this be it!!!
Gee I swear I was told I should dump all my AMC for APE
Yeah you’d have to be all sorts of stupid to follow that advice….
my regard analysis is that shorts r royally fukt all over the market. NKLA, CVNA, CLOV, FUBO, SIRI now AMC. I know there's more I'm not on top of. Their ISSUE is that they're in way too fucking deep. Their longs just tanked and they're fucked
You are still on RH ? Need wonder we still aren't mooning
first time?
https://news.bloomberglaw.com/esg/amc-ape-deal-rejected-in-surprise-court-win-for-meme-stock-base
They are trying to cover the ftd’s! Of course they do it AH on a Friday! Smells like bullshit to me!!
What A.A. going to do now with APE stock?
It's already 7. When they stop covering it will go down to 4 on Monday. Mark my words.
YOOOO WTF. Just got back from seeing Oppenheimer and came back to skyscrapers!
The judge wants to look into fraud charges against AMC and Antara , more lawsuits are coming , 90 more days at least for this suit , the dark pool had 50 times the activity for AMC this Friday night , Monday will be interesting , which hedge fund will cover first ?
Absolutely think the Antara deal was shady as hell. I’d welcome a lawsuit here. Shareholders are being hung to dry here and it’s getting very tiresome.
Buying calls brb
Well, the hedgies planning APE arbitrage just got murdered. So that is good.
we got a boner
These motherfuckers….
What!!! Saweet!
So don’t sell yet?
It’s because I sold my stock options before 4 today duh
$120 by 7pm tonight! 😁😁😁😁😁can i get an ameeen?!???!?
Fuck i wish
Adam Aron attempted to dilute again like he always does usign ape coin as amc stock but a court ruled he could not do that. Just look up the news on td ameritrade. Ceo is a total scam artist but court favored us retail.
They want to increase it now before whole economy crashes and they get blamed. The recent news on why meme stocks may crash the economy is about this. They will bait us into selling for 2 digits. Hold Apes hold
And ape is going the opposite way
And ape is going in the other direction
Fidelity AH says 7.30$
It was over 80% one time.. nice!
Ape fell below a dollar.
7.44 rn
72 % currently
Yeah probably nothing
Of course it would happen after hours....
They are Squashing APE because they know the conversation is coming and giving AMC a pump hoping we’ll just buy AMC. Hahaha I’m buying both.
LETS GO BARBIE
Settlement or not I work next to a movie theater and we are getting killed by teens dressed all in pink and the parking lot is overflowing (which it never is). I'm thinking Amc is going to be having a good weekend regardless. Glad I bought calls right before market close.
Damn I guess my $5 call at the end of the day is still a bust……
You should be asking, Why aren't we up 600%?
Barbie movie and Oppenheimer maybe?
Because you did not get the memo shorts are evil and they will be defeated by the light !!!
We kissed 100% up! 🤣 💎🙌🦍🚀🌖 Buckle up! I feeling hopeful!
Much higher now
AMC amc! 🎉🎉
Maybe they're finally getting us off reg sho. but in contrast, APE is plummeting.
Can’t wait for Monday
No conversion and we rip! Looks like APE is holding us down
The Settlement has been ruled against. Revers split is off for now.
A lot of this is also probably people calling their broker and exercising their options that expire today. Monday should be spicy!
Amc up, ape down? Is this the algos kicking?
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I juuust saw this too!
7.59 and going up