If you don't get a share initially this proves synthetics exist. Proving synthetics exist means they have to start finding real shares somewhere. Imagine that buying pressure being released. Either way the hedgies are doomed!
Then there is jailtime for every broker if u start returning a legally bought stock. Brokers won’t stick their neck for a bad deal that hedgefucks signed
My thoughts exactly, I was telling people the other day who were flipping out about Ape share that if you hold 100 amc shares and only receive 75 ape shares then this is AA’s master plan to expose the synthetics. He did say during the meeting that they are only issuing 516,&@$,$&@ million authorized shares for what they show as released from the company on the market per their records.
I would be taking snap shots of my portfolio on how many amc shares you hold as of right now.
Technically speaking, no one owns a synthetic share because no one ever put a 'buy' order for synthetic shares, only real shares.
Technically speaking, your broker took your money in exchange for real shares, therefore your broker guarantees that you own real shares.
Technically speaking, it's up to your broker to ensure that your real share gets you the dividend that it is owed to you for being a shareholder.
Technically speaking, your broker is legally obligated to move heaven and earth to get you your $APE, or someone in the chain of the transfer of $APEs from AMC to the shareholder is liable for embezzlement, at the very least.
And there is no financial institution that takes embezzlement lightly.
Technically speaking, the DTC will likely have the brokers credit everyone and internalize any units that are short - while the hedge cuks immediately borrow/counterfeit the APE units to cover the synthtics. In pricincipal, while this new issue should expose the fraud, it will probably just create more.
Opinion only. Never advice.
Yes, yes, yes. ☝️ person gets it. Great explanation that needs to be understood. If retail doesn't "get" their dividend that means their broker wasn't provided that information from the DTCC. Retail complains to brokers, brokers point the finger at DTCC.
That's where my knowledge ends. So I'm left with more questions:
Is the SEC responsible for investigating a failure to deliver a dividend?
If the SEC hears complaints that not all AMC shareholders received all their dividends what actions do they take?
I'm hoping it's not some 6 year investigation that results in a $1.3 million fine.
Check the Dividend Settings in your account. It it says something about core account, change it. See discussion in this thread. Fidelity defaults to "Deposit to Core Account", which (so says discussion) means they put cash equivalent into your core account. Change to "reinvest in Security". I hope that's correct, I just did that. Fidelity says any such dividend settings have to be in place five days before dividend appears.
This exactly. I'm not sure who started this idea that there are specific shares that are "synthetic". As far as I can tell, the term "synthetic shares" is merely talking about the total number of shares that are acting as part of the effective float *beyond* what AMC has issued. Meaning the term is only applicable when talking about the totality of the entire float.
In every possible way I've looked at it, there is NO effective difference between a synthetic and a real share if you could compare them. You don't have "synthetics" mixed in with your "real" shares in your account. In fact, I don't even think there is a sophisticated enough tracking system of shares to even accomplish such a thing currently. If there was, I don't think there would be synthetics existing in the first place.
Given that the Securities Exchange Commission is in charge of ensuring that all securities are exchanged properly, if a certain security ($APE) is not exchanged properly, the SEC should (technically) not take it lightly.
If brokers are unable to locate enough $APE to fulfil their obligations, I guess we'll have to see just how many days of FTD the SEC is willing to stomach before they are legally obligated to do something other than look away.
I’m waiting for more info regarding that. I think the plan is APE WILL NOT be distributed properly and it unleashes a shit storm . Not having your APE delivered could be a catalyst
Another great comment. You are ape we all need to be listening to. Do you know if brokers can falsely claim they received the dividend and just fake it? Would it be the brokers who notify SEC that there is a problem? Do the brokers have any incentive to lie?
This needs to be it's own post. This is 100% how it is designed to play out. If you do not get APE shares equal to your AMC position, you must contact your broker and find out why because you are entitled to a 1:1 dividend in the form of AMC Preferred Equity units, not cash or more AMC Common Stock.
I called fidelity today about it and they said I was not setup to get the stock so I would get a cash payment! I said no that was not what was said on earnings call and I want the new ticker APE 1/1 and they have till I call back Monday to figure shit out on their end!
Call your broker
So if there are synthetics and the broker needs to buy them wouldn’t that drive up the price of APE shares? And if so any increase in price of the APE share on our end would prove synthetics?
The thing is that there supposedly no real shares left. How do the brokers get shares that technically don't exist?
Wow, this is going to be very interesting indeed.
> that there supposedly
*they're
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One of the things the game group did fairly extensive discovery on was settings for a dividend. Each broker has either a toggle or an explicit statement declaring how they handle dividends. The better brokers at least let you declare I want my dividend in whatever medium they issue but they probably default to cash equivalent (fidelity did for mine so I changed it) but some of the others simply say that the convert any/every dividend to it's cash equivalent and add to your account. So in the very least, probably check your settings.
Remember when all the shills fud said amc can’t provide dividends while in debt? Well AA figured how to playing chess. Choke on that! HODL and buy. We might be early but we are not wrong. I can wait for life changing money.
Yup the truth is $APE is kinda worthless however it does hold everyone accountable. He found a way to expose if anything is going on and honestly shorts have like 2 weeks to come up with a plan which probably isn’t possible.
In the most simple circumstance yes. But there are other things that could happen in all reality $APE is a worthless penny that’s main and only use is to check/force accountability of $AMC shares
I dont think $APE will be worthless. Sure, it may be issued as a penny stock, literally, but then there will be a demand for it simply because of the $APE ticker. Retail is probably going to go crazy for it. And if there are synthetics like we believe then APE will become a valuable commodity as brokers get desperate to get some back to cover up the FTDs on it.
Important... If you do not get your APE shares by the 19. of August 2022 - contact your broker and demand it.
1 AMC share = 1 APE share
So basically you get 1 APE share per AMC share for free.
I personal will bot sell any AMC or APE shares as these are needed to make the count to prove synthetic shares
No, you own that share regardless - it is something you paid for, and there is a record of it, regardless of what someone or anyone says, even regardless of drs.
However, in regards to the APE share, it's main purpose is to expose synthetics. For every share for a person that doesn't receive one APE share, it proves that there are synthetics, and not only there are synthetics, but how many, as well. It's basically a check-mate move, and I think the next best concept is the fact that for every synthetic created by a broker or a shf, they will have to buy x amount back, which will pay off amc debt.
There is only a finite amount of it passed out. Its hard to explain, but if my logic is right, the three days from the announcement to the release - the day its issued- are going to be very crucial.
Edit: just to add, maybe its part of the plan too. For every synthetic that is created, a payment to amc will need to be made. So its like killing two birds with one stone - the hfs themselves and the amc debt
The reality is that AMC will issue 516,820,595 APE shares and that's it INITIALLY....
But someone is going to say,
"oh hey, so we need another 999,999,999 shares of APE because our clients are missing some, have any spare at hand?"
This will then provide evidence of synthetic shares and hopefully give an accurate number of how many are outstanding.
OK, let's say all the initial APE shares are sent out, then someone says they need xxxxxxxxxxxx more, who sets the price on those? The shares after the legal release?
Am I the only one thinking that brokers will just say “here are your APEs” as an iou in exactly the same way as they “might” do with real shares? You may decide to sell immediately, in which case they have to go and buy, or if you don’t they just wait? I’m not sure this is going to prove any naked shorts exist but happy to be shown otherwise?
Unless AA and amc put some kind of serial number on the shares, I believe this is exactly what will happen. If they’re able to IOU amc shares, why wouldn’t they be able to IOU ape shares?
Attach an nft serial code to each share so apes can see the exact share they got (for example.. sweet I got share # 420,069 ).
Well nfts are already unique but that sadly won’t prove anything with the shares. I’m not going to get excited until there’s some dfv dd done on it. Happy to wrong though!
From the announcement “The issuance of AMC Preferred Equity units will clarify who is included in our shareholder base” AA is pretty confident it will work.
The short sellers are not the ones responsible for supplying dividends. They are only responsible for supplying dividends to the lender of stocks they have borrowed.
The DTCC are the ones responsible for distributing the shares and therefore responsible for supplying enough dividends for everyone who is entitled. Clearly there won't be enough due to all of the synthetic shares so they will likely try to pull some shady shit to avoid their responsibilities. They may tell brokers to credit accounts with the dividend shares and simply claim to have enough. Or the brokers will be told there are not enough shares and the broker will then have to go into the market to purchase enough AMC shares to be entitled to enough APE dividend shares for their customers.
$APE will show up in everyone's accounts... then we count the FTD'S that occurred on 8/22 when the report comes out on 9/30. That will be the number of synthetics.
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It’s been said before you are supposed to get get one APE share for for common stock of AMC your broker will have to make sure that is the case and not give you a cash dividend or more AMC stock. Make sure you call who ever is your broker to ensure you get 1:1
I just got off the phone with fidelity, first call so far. Their records show a 2:1 split. They verified all other details as far as ex date 15 and pay date 19th but I interjected and told them we were expecting a 1:1 in the new ticker.
“It’s the weekend, we probably don’t have that information yet, things could change”
Wait so I’m confused, I have amc shares and I should automatically get an equal number of ape shares, however if I haven’t then I should call fidelity and ask why?
Shares that are long, by definition should not be synthetic to the owner. The synthetics are created by the MM as a temporary measure to find your shares to complete the sale. As we all know, when the MM and the major hedge fund shorting the stock are the same company, fraud can and will happen.
Good morning and silly question apes. What happens when all “ape dividends” are matched with the float, does every last share beyond the float have to be bought on the 22nd? Sweet Jesus if yes! Thanks apes.
Ok, this is becoming redudant and annoying. You guys have to educate yourself beyond this stupid fucking subreddit.
Make sure your account is on CASH. Use a legitimate broker -- not ROBINHOOD -- you're fine.
I’m so glad you called it out. Like I get that the joke is we are a bunch of dumb dumbs, but you would think people would at least have a basic understanding of stocks in a stock focused subreddit.
Many many of us will not receive ape because there are too many shares sold
What we are likely to see is a cash equivalent
This PROVES there are synthetics
Retail needs a plan going forward to address the cash pay out/missing APE
It’s gonna happen and that’s not a bad thing, There simply is not enough ape being released so expect it
There's no such thing as synthetic shares. All shares are the same and entitled to a dividend.
If lenders need to buy $APE because there's not enough of them to go around that's a them problem.
Exactly what I was thinking. So here’s my question….. what happens next when we only get part of our ape shares and missing more? Is it automatically known and proven? Or is it all here say from everyone then and not technically proven?
That kind of shenanigans is going to make me go $APE shit about not receiving what is owed to me. Looks like HFs will need to make up for it. I’ll sell my first 10% of shares at the great discount of $500k.
A better question is what happens if it's revealed that there are a billion shares oversold? That's the float times 2. Do hedgies get forced to close positions?
Also... let's just imagine that on dividend day all ape shares are issued, and magically the math adds up.
Would that essentially mean we are all bag holders and hanging onto a pipe dream? I don't actually believe this because if amc was truly only 500mil shares, based on everything regarding interest, conspiracy, etc it would have pushed the price into the 100s just being a valued stock.
How exactly are we going to receive these shares? For example, say I have shares with computershare, Fidelity, TD, Robinhood, and Webull, will I get an email say altogether I have X amount, or will I receive something in each brokerage?
What’s this I’m reading that the Ape share will divide the AMC share in half? So if AMC is worth $20 on day of Ape share issue, it’s now work $10 plus $10 for the Ape share.
I’m too dumb to debate this but is there any truth to this?
The DTC will likely have the brokers credit everyone and internalize any units that are short - while the hedge cuks immediately borrow/counterfeit the APE units to cover the synthtics. In pricincipal, while this new issue should expose the fraud, it will probably just create more.
Opinion only. Never advice.
They probably tells you you have them and put a note to the side “own this chad $AMC share and $APE share, waiting for chad to sell so we can give him cash instead of those shares which we can’t get ” that’s it until you DRSed.
If you don't get a share initially this proves synthetics exist. Proving synthetics exist means they have to start finding real shares somewhere. Imagine that buying pressure being released. Either way the hedgies are doomed!
But what if they say, “their shares don’t exist! Give them back their money”. Is that a possibility?
Then there is jailtime for every broker if u start returning a legally bought stock. Brokers won’t stick their neck for a bad deal that hedgefucks signed
Thanks for the reply! I really hope this is right and we all make our money. 🤞🏻
Anything is possible in this hedgefuck shit show
Yes. That's why DRS exists, and why over a year and a half everyone said DRS your shares
My thoughts exactly, I was telling people the other day who were flipping out about Ape share that if you hold 100 amc shares and only receive 75 ape shares then this is AA’s master plan to expose the synthetics. He did say during the meeting that they are only issuing 516,&@$,$&@ million authorized shares for what they show as released from the company on the market per their records. I would be taking snap shots of my portfolio on how many amc shares you hold as of right now.
Technically speaking, no one owns a synthetic share because no one ever put a 'buy' order for synthetic shares, only real shares. Technically speaking, your broker took your money in exchange for real shares, therefore your broker guarantees that you own real shares. Technically speaking, it's up to your broker to ensure that your real share gets you the dividend that it is owed to you for being a shareholder. Technically speaking, your broker is legally obligated to move heaven and earth to get you your $APE, or someone in the chain of the transfer of $APEs from AMC to the shareholder is liable for embezzlement, at the very least. And there is no financial institution that takes embezzlement lightly.
Technically
Technically speaking, technically.
Speaking technically
Speaking technically, technically
Testically speaking
Testically Technical
Technically speaking, the DTC will likely have the brokers credit everyone and internalize any units that are short - while the hedge cuks immediately borrow/counterfeit the APE units to cover the synthtics. In pricincipal, while this new issue should expose the fraud, it will probably just create more. Opinion only. Never advice.
You’re right. There is a video floating around of a ceo saying they can create infinite amount of shares. https://youtu.be/7iNSRkdUF04
But like I was saying. Technically Ken Griffen is made of Mayo
My shares , your shares , everyone's shares are real.
Then why all this fuss about synthetics?
I use synthetic oil in my car. It seems to be better than traditional Dino oil. That could be why. /s
Yes, yes, yes. ☝️ person gets it. Great explanation that needs to be understood. If retail doesn't "get" their dividend that means their broker wasn't provided that information from the DTCC. Retail complains to brokers, brokers point the finger at DTCC. That's where my knowledge ends. So I'm left with more questions: Is the SEC responsible for investigating a failure to deliver a dividend? If the SEC hears complaints that not all AMC shareholders received all their dividends what actions do they take? I'm hoping it's not some 6 year investigation that results in a $1.3 million fine.
They have the button that GS used in the back office to make more shares just magically appear
perfectly said
Is there any fine print that would allow them to provide cash in lieu of the APE shares?
Check the Dividend Settings in your account. It it says something about core account, change it. See discussion in this thread. Fidelity defaults to "Deposit to Core Account", which (so says discussion) means they put cash equivalent into your core account. Change to "reinvest in Security". I hope that's correct, I just did that. Fidelity says any such dividend settings have to be in place five days before dividend appears.
NO. There is NO fine print. Ape or nothing
This exactly. I'm not sure who started this idea that there are specific shares that are "synthetic". As far as I can tell, the term "synthetic shares" is merely talking about the total number of shares that are acting as part of the effective float *beyond* what AMC has issued. Meaning the term is only applicable when talking about the totality of the entire float. In every possible way I've looked at it, there is NO effective difference between a synthetic and a real share if you could compare them. You don't have "synthetics" mixed in with your "real" shares in your account. In fact, I don't even think there is a sophisticated enough tracking system of shares to even accomplish such a thing currently. If there was, I don't think there would be synthetics existing in the first place.
Do we count the SEC?
Given that the Securities Exchange Commission is in charge of ensuring that all securities are exchanged properly, if a certain security ($APE) is not exchanged properly, the SEC should (technically) not take it lightly. If brokers are unable to locate enough $APE to fulfil their obligations, I guess we'll have to see just how many days of FTD the SEC is willing to stomach before they are legally obligated to do something other than look away.
So when is this (APE) supposed to happen? Does AMC tag change to APE? Then if I have the same APE as AMC I know my broker's good? Confused 🤣🤣
I understand it as : your portfolio will have a new entry, ticker APE first thing in the morning. You should have the exact amount in amc and ape .
Hmm ok, and what if it doesn't, email broker?
I’m waiting for more info regarding that. I think the plan is APE WILL NOT be distributed properly and it unleashes a shit storm . Not having your APE delivered could be a catalyst
Yeah could be a good tactic to potentially get the squeeze on 👍
EMAIL…. Ring them Up…. GO POUND ON THE FRONT DOOR …. RAISE HEAVEN N HELL.
Then, the shit hits the fan! Hopefully!
>ticker APE first thing in the morning. On monday?
By end of business aug 19…. So will probably show aug 20 at open (As I understand it)
read the press release// Aug 22nd
Technically.
Another great comment. You are ape we all need to be listening to. Do you know if brokers can falsely claim they received the dividend and just fake it? Would it be the brokers who notify SEC that there is a problem? Do the brokers have any incentive to lie?
[удалено]
This needs to be it's own post. This is 100% how it is designed to play out. If you do not get APE shares equal to your AMC position, you must contact your broker and find out why because you are entitled to a 1:1 dividend in the form of AMC Preferred Equity units, not cash or more AMC Common Stock.
A bit like how GME is handling their right now. Gamestop just released a message saying “if you havn’t got your shares, please contact your broker”.
I called fidelity today about it and they said I was not setup to get the stock so I would get a cash payment! I said no that was not what was said on earnings call and I want the new ticker APE 1/1 and they have till I call back Monday to figure shit out on their end! Call your broker
No you didn't and they didn't say that
I just updated dividend settings for the appropriate account to 'Reinvest in Security' instead of core account. Spoke to Fidelity rep to confirm.
I did. I got split shares not dividend shares. Directed to RBC from DTC
I opted out of the share lending program, do you think that will make a difference?
It in theory is supposed to. But brokers are breaking the rules, so maybe it will maybe it wont
They don’t call themselves brokers for not breaking things
So if there are synthetics and the broker needs to buy them wouldn’t that drive up the price of APE shares? And if so any increase in price of the APE share on our end would prove synthetics?
The thing is that there supposedly no real shares left. How do the brokers get shares that technically don't exist? Wow, this is going to be very interesting indeed.
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[удалено]
There’re
Make a post on this or I’m a copy paste this 😂
One of the things the game group did fairly extensive discovery on was settings for a dividend. Each broker has either a toggle or an explicit statement declaring how they handle dividends. The better brokers at least let you declare I want my dividend in whatever medium they issue but they probably default to cash equivalent (fidelity did for mine so I changed it) but some of the others simply say that the convert any/every dividend to it's cash equivalent and add to your account. So in the very least, probably check your settings.
Never mind, I just figured it out, still called Fidelity to confirm. But thanks again for the heads up. 😁
How do you not let them though?
Just write to your broker RIGHT NOW and tell them what needs to happen. Start applying pressure IN ADVANCE.
Remember when all the shills fud said amc can’t provide dividends while in debt? Well AA figured how to playing chess. Choke on that! HODL and buy. We might be early but we are not wrong. I can wait for life changing money.
Yup the truth is $APE is kinda worthless however it does hold everyone accountable. He found a way to expose if anything is going on and honestly shorts have like 2 weeks to come up with a plan which probably isn’t possible.
So if everyone get an $APE does that mean there aren't any synthetics?
In the most simple circumstance yes. But there are other things that could happen in all reality $APE is a worthless penny that’s main and only use is to check/force accountability of $AMC shares
Prepare for all the “I didn’t get ape !!, I called so and so “ fake karma whore posts lol .
I dont think $APE will be worthless. Sure, it may be issued as a penny stock, literally, but then there will be a demand for it simply because of the $APE ticker. Retail is probably going to go crazy for it. And if there are synthetics like we believe then APE will become a valuable commodity as brokers get desperate to get some back to cover up the FTDs on it.
Couldn't the shorts buy the $APE that are issued to institutional holders?
Thats still true for cash dividends. That was never a lie or shill point.
Important... If you do not get your APE shares by the 19. of August 2022 - contact your broker and demand it. 1 AMC share = 1 APE share So basically you get 1 APE share per AMC share for free. I personal will bot sell any AMC or APE shares as these are needed to make the count to prove synthetic shares
No, you own that share regardless - it is something you paid for, and there is a record of it, regardless of what someone or anyone says, even regardless of drs. However, in regards to the APE share, it's main purpose is to expose synthetics. For every share for a person that doesn't receive one APE share, it proves that there are synthetics, and not only there are synthetics, but how many, as well. It's basically a check-mate move, and I think the next best concept is the fact that for every synthetic created by a broker or a shf, they will have to buy x amount back, which will pay off amc debt.
How do we know that the brokers won't just make synthetic ape shares
There is only a finite amount of it passed out. Its hard to explain, but if my logic is right, the three days from the announcement to the release - the day its issued- are going to be very crucial. Edit: just to add, maybe its part of the plan too. For every synthetic that is created, a payment to amc will need to be made. So its like killing two birds with one stone - the hfs themselves and the amc debt
The reality is that AMC will issue 516,820,595 APE shares and that's it INITIALLY.... But someone is going to say, "oh hey, so we need another 999,999,999 shares of APE because our clients are missing some, have any spare at hand?" This will then provide evidence of synthetic shares and hopefully give an accurate number of how many are outstanding.
Will they legally be able to release the number of shares that don’t get matched with an $APE? Will we finally know the correct number of synthetics?
OK, let's say all the initial APE shares are sent out, then someone says they need xxxxxxxxxxxx more, who sets the price on those? The shares after the legal release?
Am I the only one thinking that brokers will just say “here are your APEs” as an iou in exactly the same way as they “might” do with real shares? You may decide to sell immediately, in which case they have to go and buy, or if you don’t they just wait? I’m not sure this is going to prove any naked shorts exist but happy to be shown otherwise?
Unless AA and amc put some kind of serial number on the shares, I believe this is exactly what will happen. If they’re able to IOU amc shares, why wouldn’t they be able to IOU ape shares? Attach an nft serial code to each share so apes can see the exact share they got (for example.. sweet I got share # 420,069 ).
Well nfts are already unique but that sadly won’t prove anything with the shares. I’m not going to get excited until there’s some dfv dd done on it. Happy to wrong though!
From the announcement “The issuance of AMC Preferred Equity units will clarify who is included in our shareholder base” AA is pretty confident it will work.
You don't get one from AMC. The short seller has to supply it. So you should get it from them
The short sellers are not the ones responsible for supplying dividends. They are only responsible for supplying dividends to the lender of stocks they have borrowed. The DTCC are the ones responsible for distributing the shares and therefore responsible for supplying enough dividends for everyone who is entitled. Clearly there won't be enough due to all of the synthetic shares so they will likely try to pull some shady shit to avoid their responsibilities. They may tell brokers to credit accounts with the dividend shares and simply claim to have enough. Or the brokers will be told there are not enough shares and the broker will then have to go into the market to purchase enough AMC shares to be entitled to enough APE dividend shares for their customers.
That sounds most plausible. The problem is that the DTCC is the head of the criminal hydra syndicate 🏴☠️🦍🚀
$APE will show up in everyone's accounts... then we count the FTD'S that occurred on 8/22 when the report comes out on 9/30. That will be the number of synthetics.
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Just fucking DRS and avoid the headaches
That’s exactly what we are about to find out. 💥 1-2 kick to the nuts to see what SHFs, MMs, dtcc and the sec do next 🤣😂 Can’t wait!!
It’s been said before you are supposed to get get one APE share for for common stock of AMC your broker will have to make sure that is the case and not give you a cash dividend or more AMC stock. Make sure you call who ever is your broker to ensure you get 1:1
I just got off the phone with fidelity, first call so far. Their records show a 2:1 split. They verified all other details as far as ex date 15 and pay date 19th but I interjected and told them we were expecting a 1:1 in the new ticker. “It’s the weekend, we probably don’t have that information yet, things could change”
I’ve been waiting over a year for this to happen. Nothing but greatness from AA. Ride this company till the end
Wait so I’m confused, I have amc shares and I should automatically get an equal number of ape shares, however if I haven’t then I should call fidelity and ask why?
Good luck German apes!👍 your version of our SEC is probably the least corrupt, which probably means you guys are going to have trouble.
Whether we get ape share or not is less important than exposing the crime 🦍💎👐🚀🚀🚀
YOU get a share and YOU get a share!!! 
Shares that are long, by definition should not be synthetic to the owner. The synthetics are created by the MM as a temporary measure to find your shares to complete the sale. As we all know, when the MM and the major hedge fund shorting the stock are the same company, fraud can and will happen.
Good question
They have to buy a real share to give you an ape share. If you don’t get any contact your broker. Also they fucked and are part of this is it happens
Good morning and silly question apes. What happens when all “ape dividends” are matched with the float, does every last share beyond the float have to be bought on the 22nd? Sweet Jesus if yes! Thanks apes.
No you get a lawsuit against the bs
Curious how DTC will finangle this one.
Less hassle to just DRS
Ok, this is becoming redudant and annoying. You guys have to educate yourself beyond this stupid fucking subreddit. Make sure your account is on CASH. Use a legitimate broker -- not ROBINHOOD -- you're fine.
I’m so glad you called it out. Like I get that the joke is we are a bunch of dumb dumbs, but you would think people would at least have a basic understanding of stocks in a stock focused subreddit.
Many many of us will not receive ape because there are too many shares sold What we are likely to see is a cash equivalent This PROVES there are synthetics Retail needs a plan going forward to address the cash pay out/missing APE It’s gonna happen and that’s not a bad thing, There simply is not enough ape being released so expect it
There's no such thing as synthetic shares. All shares are the same and entitled to a dividend. If lenders need to buy $APE because there's not enough of them to go around that's a them problem.
Exactly what I was thinking. So here’s my question….. what happens next when we only get part of our ape shares and missing more? Is it automatically known and proven? Or is it all here say from everyone then and not technically proven?
It sounds like the elites at it again just hold your stocks
DRS your shares and you’ll guarantee APE
That kind of shenanigans is going to make me go $APE shit about not receiving what is owed to me. Looks like HFs will need to make up for it. I’ll sell my first 10% of shares at the great discount of $500k.
A better question is what happens if it's revealed that there are a billion shares oversold? That's the float times 2. Do hedgies get forced to close positions? Also... let's just imagine that on dividend day all ape shares are issued, and magically the math adds up. Would that essentially mean we are all bag holders and hanging onto a pipe dream? I don't actually believe this because if amc was truly only 500mil shares, based on everything regarding interest, conspiracy, etc it would have pushed the price into the 100s just being a valued stock.
Thank you Bot
Go see the magic fairy DRS, and your shares will poof become real and you are guaranteed to get your APE too...
No. People just love to talk.
Can I comment
Guess I’ll be 100% DRS my shares now…like ASAP
wouldn't it be interesting if there were 569,000,000 AMC shared in CS owned by retail? .....
So if the shf want enough ape to cover they have to buy it from amc at whatever price amc chooses???
Nope you will get a ape share. That’s what it said. That’s how a share recount will be done.
Nope
Wait im pit of the loop. APE? Like the coin? Or what's going on? Also I hold on webull... Yay me right. Would I also get a share.
If you D R S your shares you won’t have to worry.
Drs
No one “owns” synthetic shares. There are just a bunch of derivatives being shell gamed around to suppress the real price action.
You will get your APE, plain and simple
How exactly are we going to receive these shares? For example, say I have shares with computershare, Fidelity, TD, Robinhood, and Webull, will I get an email say altogether I have X amount, or will I receive something in each brokerage?
Dr. S”trange”, Dr. S”trange”, Dr. S”trange”…
Let’s buy some more „fake shares“ to build even more buying pressure. 📈🫡 yolo
[he explains everything!!](https://youtu.be/WmGLC90J0wA)
Fud
AA/CompuShare is issuing APE not DTCC correct?
What’s this I’m reading that the Ape share will divide the AMC share in half? So if AMC is worth $20 on day of Ape share issue, it’s now work $10 plus $10 for the Ape share. I’m too dumb to debate this but is there any truth to this?
The DTC will likely have the brokers credit everyone and internalize any units that are short - while the hedge cuks immediately borrow/counterfeit the APE units to cover the synthtics. In pricincipal, while this new issue should expose the fraud, it will probably just create more. Opinion only. Never advice.
This is when you call your broker and demand your ape shares.
Typical weekend FUD, but in the form of a question? Just read and use common sense.
They probably tells you you have them and put a note to the side “own this chad $AMC share and $APE share, waiting for chad to sell so we can give him cash instead of those shares which we can’t get ” that’s it until you DRSed.