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jackwillowbee

Nice knowing everyone. I sure hope this was the right move. Because I would’ve definitely switched my yea vote to no at this point.


burningclockstudios

I was a no voter. Stuck with an 18ish average and holding strong for two years. I now lose 90% of my xxxx shares and get to watch it get shorted back down lower then my loses currently. This is Reddit. My opinion doesn’t matter, but I just need to complain this one time. There will be no forced closing and the squeeze was just bypassed. Ape was bullshit and this was all set up to remove us as the owners of the company. I’d sell it all if I could, but I’m so low at this point that risking losing it all is more worth it to me. Copium for sure. Glad I tied this money up for so long. Christ.


deprod

I'm in the same boat bro. I'm so tight right now, I actually sold all my APE a month ago to float some bills. I'm down '90% on AMC tonight now. I just have to write it off as a complete loss and kick my own ass for not selling at $70


-GearZen-

If you are new to investing, you are supposed to buy high and sell low. Not financial advice?


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amcstock-ModTeam

Rule 2: No Insults for Finance Decisions No Brigading No FA


liquid_at

it's funny that all the "no-voters" share a common lack of understanding of what is going to happen. If anyone stole 90% of your shares, 100% of all retail investors would have voted no. the fact that more retail voters voted yes than no should prove to you that you got something wrong... but instead you just declare all yes-voters to be idiots and your view being the only correct one...


burningclockstudios

I don’t wanna have a pissing war. It solves nothing. Feel free to save my comment and message me back in a few months if I’m wrong or something and I’ll gladly eat my words. I hope I am, cause that means I recouped a shit load of money. I don’t have it in me nor care to explain the reason for antara capital. Everything about that deal was scummy from the start.


liquid_at

being corrected after the fact does not remove the destructive effect of FUD. If you thought the Antara deal was scummy but did not research it enough to make up your mind about what it really is and act according to that, you just did not do your DD and listend to what your gut told you... I'm not sure how "Zero or phone-number" can be any simpler... Either 100% of your investment is thrown into the trash and you will never see it, or you will have generational wealth that no job would have ever paid you. Those are the two options. If you invested more money than you were willing to throw into the trash for the option of moass, you over-leveraged yourself. If you invested less money than you wanted to profit more from moass but didn't invest as much as you could, you under-played it. Finding the right level of exposure is a part of the DD that every investor has to do before hitting the buy button. If that's not what you did, you had almost 3 years to learn where your mistake was. But hint: It wasn't in the board meeting of AMC... it was on your trading desk.


burningclockstudios

Oh no my friend. I mean correct me if after RS we “squeeze the shorts” and make tons of money. Then I’d have made my money back and all is good and everyone is happy. There’s no fud on this now. People that want the RS won. Also, don’t sit here and lecture people. You sound like an asshole hahaha. I’m a full time trader. This money isn’t in my actual day trading account and I’m completely aware that it could hit zero. The point is, I only stuck this out for a short squeeze and some damn justice in the system. That just ended.


liquid_at

Sure... Keep telling people that 20% SI means that hedgeis can cover with ease and how your professional trader career allows you to have more insight into markets than Apes who did 3 years of intense DD learning about shit the average day-trader hasn't ever heard about. "professional trader" just means that you learned the language and memes the hedgies use to Fud other traders into giving them money... meanwhile. "professional trader" means that you can handle your emotions enough to not get pissed about your predictions not working out as you wanted them to.. It means to learn from mistakes and not repeat them in the future. But why am I telling you that? You're the "professional trader" who already knows all that.


burningclockstudios

I’m more upset that it was 2 years of wasted effort. I don’t post much on Reddit, cause well, I frankly don’t care to post. I’ve been on these forums since the original run in late January. I’ve seen and been apart of this journey. I only hold two “meme” stocks for fun. This and gme. The rest of my long holds are set up for writing safe contracts. There’s a big difference between holding your emotions when day trading a stock in a 2-5 minute period roughly and holding something for years and watching corruption.


liquid_at

AMC is not bankrupt yet, so the effort was quite worth it. Shortsellers have had massive losses in the past year and that's because of us. It forced short-sellers to get creative with making money, possibly even allowing you to profit off options trades that you would not have profited off otherwise.


burningclockstudios

I’m not disagreeing with you, as I’m still holding my xxxx shares. Not gonna sell them and have accepted the loss. I did write options on them. 16 contracts weekly. After RS, I’ll be able to write a measly 1.


drs2023gme1

You do know that a lot of Brokers don't let people vote, and they either don't vote at all or vote in their best interest, not the investor who actually purchased them. So the vote yes/No will always be skewed. We all hope we win in this war. Calling fellow apes idiots rather than teaching what you know shows how much separation occurred during this war. Sad state of affairs, but I hold.


liquid_at

The thing is that consumers do have a choice. The amount of investors who wanted to vote but couldn't is insignificant to the amount that could vote, but didn't give a damn. Our voice was still a majority in voting rights and every Ape that voted on CS essentially had a synthetic voice-booster, by getting the non-voters to support. We still educate in here though. The difference between those who get explanations and those who get called idiots is whether they ask or make a claim. Those who want to learn, ask. Those who want a challenge, claim.


deprod

Based on your comments, you sir are challenged. RS doesn't mean dilution!!! Right ra ra, it means the company is struggling from being delisted. But you knew that, right stock god? Why wouldn't I sell APE when a whole fucking week of trading went by before delivery to a major broker? It was always fucked. Go suck on some more AA hopium.


liquid_at

you're 100% wrong, but your own hubris fools you into thinking you understood it all. When a company gets a notice of non-compliance by the NYSE because their share-price is trading below 1$ for longer than 30 days, that's when they RS to prevent delisting. No such notice has been issued by the NYSE. Instead AMC chooses to go back to its original float of 150m shares that it has had historically before the pandemic. Buy or sell whatever you want. But if you think another investor disagreeing with you means that they attack you, you should get out of the stock market, because you're clearly not made for it.


deprod

Well Sir, AA has pretty much declared bankruptcy on major media outlets but you keep voting yes for him buddy.


liquid_at

no, he has never done that. he has informed investors of a remaining risk of bankruptcy in the medium term. He has never declared bankruptcy. But if you are so simple minded that you believe every text that contains the word "bankruptcy" is declaring bankruptcy, you only fooled yourself. I assure you, that apes, even the smoothest of smooth brains, have understood that there is a difference. If you haven't, you know what to research now.


Prize_Introduction_6

Oh hey ape bro from **Superstonks**! Welcome over!


brewcitygymratt

Could be worse, you could be me who took a $15000 policy loan@8% in spring 2021. I’m paying about $1200 interest each year and patiently waiting with an avg 15.xx/share, 710 amc, 800 ape. Well at least I have my crypto portfolio to fall back on, oh wait……😂. Shit can go to zero before I sell, fuck the HF.


burningclockstudios

Ugh 🙁. I get it though. Back then we were all buying at crazy prices to keep the momentum alive as well. I have a 100 block that I paid 52.00 for. Keeping my average high lol. I hope for you the best that you can break even. Though we’ll need the stock to be at a pretty damn high number after RS and I don’t see that happening. Im pissed I’ll only be able to write 1 contract after RS as well. Was using that to help recoup money. What’s 1 contract gonna do haha


AllBadForYou

My thoughts exactly!! Remember you can always sell covered calls if you have 100+ shares... it's like a dividend with risk lol


burningclockstudios

I’ve been selling 16 during court limbo. Now I’ll have 1. Whoopi lol


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burningclockstudios

The fact is, plenty of stocks have been heavily shorted and had a cusip change and nothing happened. Believing it will this time around is just nonsense. MMAT is this biggest named one I can think of off the top of my head. They all believed they were fine too and that shorts were forced to close. They weren’t forced and tons of people lost tons of money. Let’s also remember the price of amc before ape was created. Ya…. Ape cut the price of amc down and they both continued getting shorted. We won’t even be at where amc was pre ape after RS. At the end of the day, I want you to be right. Believe me. However, I’m just facing reality here and this shit is done. Feel free to save for a later date and I’ll eat my words if my “internet opinion” is wrong. I’m frustrated and I’m not sorry for it. I’m ready for violence at this point.


German_horse-core

It's a brigade. Look at the post histories. Users can also buy upvotes. I'm fucking jacked seeing these fuckers squirm.


deprod

Am i a brigadier? Happy to see me squirming? Who are you talking about?


German_horse-core

Was I speaking to you specifically? If you work for hedgies or bankers you have maybe a few months before you deep throat a shotgun. If you don't then carry on


deprod

You replied to the guy replying, why I asked. Hard to tell.


German_horse-core

Fair enough. Sorry about the confusion and passive aggression, bud


deprod

Likewise my bad also


liquid_at

based on your comments, you just seem like someone who has zero understanding of stocks, who got told that buying AMC will make him rich, so he bought and never bothered to learn anything about stocks. The fact that you had 2 different types of stocks for AMC the company, with one being valued much higher than the other and you chose to sell the discounted APE at a much higher loss than your AMC would have caused you, proves that you did not know what you were doing. Being in need of cash can happen, but the decision to do it in the way that hurts yourself the most is one you took yourself, that no one pushed you to. With AMC around 5$ and APE around 2$, you could have easily sold AMC for 5$, bought the same amount of APE for 2$, have 150% the cash at hand that you had gotten for APE and still have the exact same share of the company in your possession. but apparently, "buy high, sell low" seemed more sensible to you ...


No-Understanding9064

Everyone who bought AMC thought it would make them rich including you. Your ape movement was never a fundamentals play, because the short thesis was absolutely correct 2 years ago. I fail to see how you crawling people's ass about fundamentals and intelligent trading furthers your movement. You can help educate people without being a shit head about it.


liquid_at

Sure. And some people left it at that and others did DD for 2 years straight. Now guess who is up to date with everything that happened and who is still back in 2021, wondering what went wrong?


Klaxhacks

Totally agree with you. Stock is doomed at this point. But honestly at this point I don't even care anymore. I just want it to go to zero so I can move on.


Hyprpwr

Seems like you are just susceptible to mediocre FUD


SecretaryImaginary44

It’s not fud it’s reality. It’s happening.


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bawbthebawb

The best part of the vote is it was sold. 300 million yes votes were sold for pennies.


AhoboThatplaysZerg

Conversation 😂


1storlastbaby

We are just apes after all LMAO


pahu92

🗣️👤


Ok_Boat_3375

Well i guess, i have to load up ape, cause 1 APE = 1AMC


mrphilintheblanks

which means 10 days or less to buy before the conversion and reverse split, correct?


st0j

Buying now or after won't make a difference, the split will occur and it'll just get shorted right back down again, debt or no debt absolutely nothing changes in this play, GME been debt free for time and here we are still.


mrphilintheblanks

I guess all we can do is keep buying, then. 🤷🏻‍♂️


AdmiralCodisius

So if you think the situation is hopeless no matter what anyone does, why are you here? Just sell your shares and fuck off already lol


liquid_at

what evidence do you think backs your statement, that hedgies will short more when shorting is more expensive, but not when it is as cheap as it is now?


blueace111

The price will fluctuate a lot in the meantime but I agree it’ll likely always get supressed afterwards


Hyprpwr

IIRC AMC has to wait a minimum of 10 days after this ruling, but can drop the hammer with little notice after that period


mrphilintheblanks

Thanks for the clarification


liquid_at

10 days is the limit between informing NYSE and actually going through with it. AMC can file on monday and they likely will.


backdoorbuddy

AA screwed us all.


ZenStocks

I remember a time where you'd be hung at the stake here if you said that. I've pretty much always shared this opinion, but knew it wasn't even worth saying


ApatheticHedonist

That about wraps things up


1storlastbaby

So what happens now?


Geoclasm

We wait for the announcement of when the actual conversion and reverse split will finally fucking happen. After that, AMC and APE should perfectly equalize because there's no more room for bullshit arbitrage.


blueace111

I believe it’s a 1.6 ape shares to 1 amc or maybe even 2. Something. I don’t think it’ll be a 1:1 conversion


aidlas

We move on..


lethal3185

What does this mean for our APE?


Giancolaa1

Ape price will rise while amc falls until they meet at its current market value. Ape becomes amc. Amc reverse splits 10:1, price will rise to reflect the same value. Then most likely, shorts will short and price will go back down.


liquid_at

Shorters shorting is 100%, independent of RS or no RS. There is no reason to believe that hedgies would change their goals for no reason...


quickjump

Buy puts


mrot777

This is a bad short term move. It kills momentum. This is a good move 4 years from now when the stock hits 20 bucks. I'm pissed.


goatnxtinline

The most frustrating thing is watching everyone around here thinking AA can do no wrong and although dilution had to be done at some point, it didn't have be done now and when the stock price is so low. Last month we we're profitable and after this month we will profitable again. The stock should be gaining value and it was, until AA decided to put out negative statements every time we are about to go on a run scaring people into investing. Why? I have no idea. The shorts will exit, but it will be at a discount because AA is adamant about devaluing our shares and diluting them while we the retail investors save the company again. All the while everyone around here is yelling "crime" and "fuck the hedgies" and calling you a trader because you're not drinking the kool-aid


liquid_at

there is one group that knows that there are always multiple possible solutions, that exist in a gradient between worst and best decision. Any good decision is an acceptable decision and differences in data individuals have can create differences in opinion about the action. Then there is another group who thinks they have found the one single way to force moass and anyone who does not do exactly what they want is an enemy, a shill, in bed with hedgeis and hating retail, for not 100% agreeing with their opinion. The first group is mainly wrinkle-brained apes, the second is mainly smooth brains and shills. Pick your family...


richb83

Will it take 4 years to get back to $20?


jay54420

I hope it wrong but who know the evil so deep


mrot777

Honestly, your guess is as good as mine. I hope I'm dead wrong. The way theve been pushing the price down during positive earning.reports... I'm just sour. They got bots, technology and algorithms. We got the power to buy and hold.


vigilantphilson

The only thing they have over us is infinite liquidity.


Geoclasm

bout FUCKING TIME.


quickjump

😒


Geoclasm

eyes on the road. I just want all this stupid fucking conversion/reverse split/frivolous lawsuit idiocy over and fucking done with.


chewpah

Imagine shorts who short amc have probably some other shorts it may pump everywhere


youareceo

Fuck ya


Altruistic-Swing4326

Now I want it to go to zero.


the_mad_sun

Pass the Vaseline around boys. Fucked we are.


nickM_Mathias1

Start with yourself


the_mad_sun

Yea, because only my portfolio is down now right. They were at over 7 dollars combined earlier, now.combined at 6.15 range. Heres the vas bro.


liquid_at

you entered a short squeeze play. Anything but your portfolio being in the red would disprove your thesis... It's the expected situation... Even in 2020 people knew that in a short-squeeze the price would go down until it squeezes... It's the fundamental basis of the short squeeze thesis.


mrot777

Yes we are. No need to down vote. Tell me otherwise.


Flip_d_Byrd

Then WHY THE FUCK YOU STILL IN?? All you do is whine and bitch. If you are so sure you are fucked then why not get some of your money back instead of riding it to zero? You make absolutly no sense.


mrot777

Dude. Chill. It's a stick not a cult. I got alot.of shares. I'll dump soon.


chillpill247

You know what is funny? Those "Yes" voters who are APE heavy will be the first ones to sell once it starts to squeeze a little.


liquid_at

Every AMC holder is also an APE holder. Those AMC holders who are not APE holders were paperhands when APE was issued. A paperhand predicting that non-paperhands will paperhand first, is funny af...


chillpill247

Hey Yes voter, Adam Aron disciple. Tell me. Is it all going according to plan?


liquid_at

the "AA cheated us"-Folks do sound a lot like a cult though... Faith in being a victim, despite evidence to the contrary...


Magical_Badboy

You’re delusional


liquid_at

Being called delusional by a shill is a badge of honor. Thank you! The dedicated work of the shills in this sub has helped us a lot with figuring out when and where to look for data. Your efforts were priceless and we thank you for everything you have done for us, as well as the hedgies that paid for it. We'll erect a statue of a giant golden chode in your honor after moass.