Market News: APE failure to deliver surge since inception.
AMC’s Preferred Equity, APE, topped $304.9 million in FTDs last month.
The FTDs are reported for the month of August, per Stocksera.
FTDs, or Failure-to-deliver occurs when one party in a trading contract (whether it’s shares, futures, or options) fails to deliver on their obligations.
These failures derive due to buyers not having enough money to take delivery and pay for the transaction at settlement.
In the case of sellers, it means not having the goods to meet that transaction.
Failure-to-deliver can occur in options trading or when selling short naked, per Investopedia.
AMC Entertainment has been a big target for short sellers looking to profit from the demise of the century old movie theatre chain.
The alarming amount of APE FTDs further proves this.
Let’s discuss it below.
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According to Investopedia, APE FTDs can also occur if there is a technical problem in the settlement process carried out by the respective parties (clearing houses).
There’s a major conflict of interest when Citadel Clearing LLC transacts orders worldwide.
Ken Griffin’s Citadel LLC is short on AMC Entertainment stock, so we can see how utilities play out in the hedge fund’s favor.
It’s unlikely FTDs have been a result of retail buyers since the majority are purchasing the equity on cash accounts where orders execute almost immediately.
Naked short selling seems to be the most probable cause here as $APE has tumbled despite heavy retail interest.
The large amount of FTDs is manipulative and quite common in stocks such as AMC and GameStop.
Retail investors have taken it to Twitter to express their concerns to SEC Chairman Gary Gensler.
And although activists continue to engage the Chairman, no action has taken place to justify the ongoing market manipulation in APE, AMC, and GameStop.
Others are suggesting protesting outside SEC locations across the country.
Leave your thoughts on APE
There’s a lot of speculation surrounding APE FTDs and APE stock in general.
Are you holding APE?
Leave your thoughts below.
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Market News: Short sellers aim at AMC’s newly acquired foundation, APE
Short sellers are targeting AMC’s Preferred Equity (APE), shorting both the companies’ emergency fund, and shareholders’ equity.
APE’s short interest has officially surpassed AMC’s short interest, now reportedly 30.10% via Ortex Data.
During the run to $27 we saw AMC’s SI tumble to 17% signifying released short seller pressure.
However, today we see short sellers have opened new positions, raising AMC’s short interest to 21.17% and creating bearish momentum for the stock’s share price.
Well, the same thing is happening to APE.
Short sellers have targeted AMC’s Preferred Equity hoping to make some cash during a potential meltdown.
But will it be that easy?
After all, there is a big demand for both these stocks – and with enough momentum; well, it could just create two short squeezes.
Let’s discuss it below.
Volume cools leading to the weekend
AMC and APE had big volume at the beginning of the week when AMC’s Preferred Equity debuted on Monday.
In fact, APE has now set a higher average volume than AMC sitting at 71.5 million.
That’s 22.5 million more in average volume than AMC’s.
The excitement over the new ticker has retail investors invested heavily.
But others are quickly trying to kill off any momentum created by the retail scene.
This morning ticker symbol APE rose to 100 in utilization indicating short sellers have now gone into a full blown out short selling spree.
But AMC and APE aren’t the only tickers whose volume or share price cooled down leading towards the weekend.
The entire market played in bears’ favor this Friday.
The SPY fell -2.81%, while NASDAQ fell -2.74%.
SPY has a level of support around $400 and if the market continues to downtrend and breaks this level, it’s very likely we see its next major level of support at $390.
But the market was heavily oversold which means it’s possible we begin to see a nice bounce up to $417-$420.
AMC and APE closed with 35.7 million and 13.6 million in volume respectively on Friday.
Will AMC’s Preferred Equity (APE) go up?
Will APE go up?
AMC and APE currently have approximately the same market cap of 4.7 billion each – due to the split.
The company was able to join the Russell 1,000 in June of 2022 when it managed to meet the $7.3 billion criteria after reaching $7.5 billion before the cutoff time in May.
When AMC reached its all-time high of $72 per share in June of 2021, the world’s largest movie theatre chain grew its market cap to an astonishing $28.44 billion.
AMC’s market cap increased as the value of its share price increased.
How did this happen?
Well, millions of investors began purchasing the stock like crazy – volume was reaching +500 million, +700 million, and +900 million during single trading days.
Once institutions saw there was heavy momentum happening on retail’s end, they began to jump in as well.
In order for AMC or APE to reach all-time high levels, the market cap will have to increase.
Because as soon as momentum picks up again, institutions combined with short sellers buying back their shares will further fuel AMC or APE’s market cap.
Will AMC and APE skyrocket?
This will depend on how valuable the company can become, no matter how fast or how slow it achieves this process.
Why is APE being shorted more than AMC?
According to the reported short interest data provided by Ortex, APE is currently being shorted more than AMC stock.
AMC Entertainment designed APE as a means to raise capital for a rainy day.
The company has access to a fraction of shareholders’ equity should they need to pay off debt or make a worthy investment in another business venture.
APE is a tool that allows AMC Entertainment to not only stay afloat in case of another catastrophic event, but it provides the theatre chain with opportunity to grow and progress.
Short sellers are targeting this massive foundation in hopes of crippling the century old company.
Things didn’t quite work out in short sellers’ favor last year when big bets were being placed against AMC during their bankruptcy announcements.
But retail investors were able to arm the CEO with billions to resuscitate the company, burning those who prophesized the doom of the cinema experience.
Now it seems short sellers are pursuing a vendetta against retail investors and the company.
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Market News: High volume in AMC Entertainment stock shows retail isn’t leaving
AMC Entertainment stock might have dropped in share price, but the volume shows investors aren’t leaving.
In fact, there’s been a lot of FUD (fear, uncertainty, and doubt) occurring where retail investors are either being advised to sell AMC’s Preferred Equity (APE) by brokers or being advised to sell AMC stock altogether by mainstream media.
While both might be quite alarming, investors seem to be holding down the fort for the movie theatre chain.
And if you’re puzzled by what may lie ahead for AMC then this article will provide you with some clarity.
Let’s get started!
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The theatre chain has gained a loyal following
AMC Entertainment’s volume remains healthy despite the uncertainty in both the market and company during these misinformed times.
The movie theatre chain has received little to no accolades for not only surviving the challenge of the pandemic lockdowns, but for an incredible and speedy recovery during the retail movement.
The company has managed to pay off a ton of debt, acquire several new successful locations across the country, and beat earnings every quarter since 2021.
AMC Entertainment also purchased a huge stake in gold and silver mining company Hycroft, instantly raising $295 million in just two weeks.
Yet CEO and Chairman Adam Aron is ridiculed for doing what no one else in history has done, communicating with shareholders to save a century old company from the grips of Wall Street market manipulators.
But the truth is Adam Aron is a sharp businessman and has an incredible skill for raising capital out of thin air.
He recently proposed AMC’s Preferred Equity, or $APE.
APE allows the company to have access to a fraction of shareholder’s capital in AMC stock by dividing the stock’s value into two separate securities.
While AMC Entertainment might not be able to dilute more AMC shares unless approved by shareholders, the company has access to do so with APE, raising a large sum of capital at any given moment.
It’s a genius move on behalf of the company and investors are happy to contribute to any possible catalyst that may potentially squeeze short sellers.
Retail investors continue to buy AMC stock
Retail investors continue to buy AMC stock
On Wednesday the movie theatre chain closed with its average of 49 million in volume.
The previous trading days consisted of trading at the average volume or twice its average volume, reaching more than 100 million.
AMC’s high volume shows that despite falling share prices, there’s high demand for the movie theatre stock.
On social media, ‘apes’ continue to raise awareness of market injustices and lack of proper institutional regulation.
SEC Chairman Gary Gensler said on Twitter, “regulators are looking to bring greater transparency into short selling”, a practice that market makers and hedge funds have overleveraged to suppress stocks such as AMC, GameStop, and many more from reflecting their true demand in the market.
Gary Gensler said in February during a Bloomberg exclusive that 90%-95% of retail’s orders are not processed through the lit exchange such as the NYSE.
But retail investors are making a ruckus, exposing conflicts of interest in the finance sector and demanding change.
For decades now the voice of reason has fallen on deaf ears, even Forbes is calling out for Gensler’s resignation.
Investors relay that only another lobbied Chairman will replace him – signifying it makes no difference.
Today, shareholders are looking to create a squeeze in both AMC and APE.
And with enough momentum, it’s impossible to not recreate what occurred in June of 2021.
Is AMC stock worth buying?
If you’re an AMC shareholder, leave a comment below explaining to new investors your thoughts.
Market News: Why is AMC/APE falling despite heavy momentum?
AMC and APE shares fell on Monday despite big buy volume.
The theatre chain company was halted multiple times only minutes after the market opened.
Investors are questioning the SEC on Twitter why shares of HKD stock were allowed to run from $13 per share to more than $2.5K per share with very limited to no halts at all.
Although AMC’s new APE dividend split the value of AMC stock, Monday’s demand should have sent both stocks much higher.
Mainstream media on the other hand are blaming AMC’s fall in share price for Cineworld’s (Regal) bankruptcy claim.
Here’s what investors should know.
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There is big demand for AMC stock so why are the stocks down?
AMC stock had reached 90 million in trading volume by 12pm standard eastern time and APE more than 20 million.
AMC’s volume had nearly doubled from its average volume of 46.9 million in only three hours since market open.
Combined, AMC and APE already had more than 110 million in volume by noon.
The movie theatre chain’s shares had fallen though leaving retail investors questioning the integrity of the market, yet again.
We saw AMC’s short interest increase this morning from 17% to almost 20% meaning short sellers have begun to open new short positions against the stock.
By leveraging Cineworld’s (Regal) bankruptcy claim, Wall Street Journal and Barrons were able to create a ‘short and distort’ campaign to target AMC Entertainment.
Both these companies are influenced by Citadel’s Ken Griffin, who owns a stake in NewsCorp – the parent company of Wall Street Journal and Barrons.
Citadel has been betting against AMC stock for years now in hopes to cash in from what Wall Street perceived would be the company’s downfall during the pandemic lockdowns.
$HKD ran from $13 to $2.5K before its first trading halt ☝️
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AMC to distribute APE stock
AMC APE Stock Dividend
On Monday, August 22nd, AMC shareholders will be receiving an exact amount of APE stock equivalent to the amount of AMC shares they hold.
APE will trade for half the price of AMC’s share price at the close of AMC on Friday, which means shareholders can expect AMC and APE to trade approximately around $9 per share each, respectively.
Market conditions will determine the price of both securities moving forward based on supply and demand of course.
But this means both assets will be on a heavy discount.
While APE stock provides AMC Entertainment with capital, some investors see the security as a collectible – part of the movement against Wall Street corruption.
There’s no doubt shareholders will be purchasing both AMC and APE stock next week but if institutional buyers get involved, it could mean heavy price action.
While institutions might not be into APE as much as ‘apes’ are, APE could prove to be an incentive for institutional buyers to buy AMC at a bargain.
APE is already going to improve AMC’s fundamentals drastically since it’s ultimately a pool of capital for the company to access at any moment.
AMC Entertainment stock might attract investors who see this power move as a genius strategy.
Is momentum guaranteed next week?
Momentum and buying pressure are never guaranteed in the market.
Investor sentiment will dictate how much buying pressure feeds both AMC and APE stock next week.
It’s all about interest, and majority of AMC shareholders seem to be interested in adding to their positions.
Shareholders have been buying AMC stock prior to the distribution of the dividend to receive more APE shares.
More than 513 million APE will be distributed, essentially initiating a share count.
Retail investors betting on an AMC short squeeze are determined APE could be the catalyst that will expose synthetic shares in the market and trigger AMC to squeeze past its previous all-time high.
And while AMC does have the potential to squeeze based on its high short interest data, only time will tell if APE truly is the catalyst for what could be one of the most incredible plays in the history of the stock market.
AMC technical analysis
AMC Entertainment stock is hovering just above a massive level of support around the $17-$18 range again.
This means that AMC has the potential to bounce from this level of support and retest rejection levels around $27 per share.
AMC Technical Analysis – Franknez.com
Breaking $27.50 could set AMC on a course to the unknown where it may surpass last year’s all-time high of $72 based on how high the demand for the stock is.
As of now, what we can expect next week for AMC Entertainment is a coin toss.
AMC’s share price will be lower with the issuance of APE stock which means shareholders will have to lift AMC back to these trend lines.
Momentum has always been AMC’s catalyst though, and I’m confident that with enough buying pressure, retail investors will see a bounce back in the coming days.
But I’d love to hear your thoughts in the comment section down below.
Every AMC shareholder is going to receive an equivalent amount of ‘AMC Preferred Equity’, aka APE, for every AMC share they hold.
The initiative is part of the company’s strategy which will allow them to raise capital and pay off some debt.
The value of AMC’s share price will be split in half with APE, but shareholders are determined strong buying pressure will send both stocks to the moon.
Investors will have until Friday the 19th to lock the deal and should see the new security in their broker accounts by Monday the 22nd.
The AMC community is certain many people won’t receive the dividend due to the vast amount of naked shorting that has occurred in AMC stock.
Many have contacted their brokers to ensure they will indeed be receiving the dividend on the promised date.
Failure to deliver the dividend would mean big trouble for financial institutions and more than likely a share recall, annihilating short sellers and likely triggering a short squeeze.
While the theory is not far-fetched and actually quite logical, brokers should be able to meet the demand.
Only a few days left until time may tell.
Momentum is building
Last year AMC Entertainment stock hit an all-time high of $72 per share and shareholders are confident the share price will surpass this amount this year.
Today we’re seeing AMC climb back out of the hole it was dragged to when the markets began to drastically pull back.
AMC is showing strong bullish sentiment again which explains why its volume has been exceeding its daily average.
The movie theatre stock will have to break its yearly downtrend above the $27-$28 levels if it’s to go berserk again.
Fortunately, it’s very possible.
But momentum is key.
It was momentum that pushed AMC stock from $2 per share to $20 per share in January of 2021 and it was momentum that also pushed the stock from $14 per share to $72 per share in June of last year.
The stock is currently respecting the mid-$20 levels which shows heavy interest in the movie theatre chain.
Will retail investors be successful in taking AMC to the next level?
I certainly think so.
But it won’t be easy as institutions continue to borrow millions of shares to short the stock.
The suppression is still there which means the momentum will have to be much greater.
Is this the beginning of the end for AMC?
Retail investors rushed to buy AMC stock in January of 2021 to squeeze short sellers and make a lot of money, similar to what occurred with GameStop at the time.
AMC had a high short interest and still does to this date, making it possible to still squeeze short sellers in 2022.
So, say retail investors manage to squeeze shorts and profit from a new all-time high.
Will this be the end for AMC?
I don’t think so.
Not in the way some might think.
See, AMC Entertainment is still a growing company whose improved their fundamentals for almost two years straight.
The century old movie theatre chain has introduced NFT collectibles, shareholder incentives, and movie theatre exclusives and innovations.
Whether AMC goes through another massive price runup, a short squeeze, or MOASS, it’s always going to be that legendary ‘meme stock’ company that kicked Wall Street’s ass.
AMC won’t ever be over, because the community won’t be over.
I’d love to hear your thoughts – leave a comment at the bottom section of the blog.
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APE is only a few days away
AMC Ape Stock | AMC Ape Dividend
Investors who hold or buy AMC stock prior to Friday the 19th will be granted with the same exact number of APE shares on Monday the 22nd for every AMC share they hold.
AMC and APE will make up the value evenly of AMC’s closing price at the end of the bell on Friday.
This means if AMC closes at $25 per share on Friday, both AMC and APE will be worth $12.50 on Monday.
Market conditions based on supply and demand will then decide the future price of both AMC and APE stock.
If you hold $1,000 in AMC, the value of your portfolio will still be worth $1,000 – the only difference is it will be split between two securities (AMC and APE).
APE Theory
The theory behind APE is that it’s supposed to uncover the vast amount of synthetic AMC shares out in the market.
And if it proves to be successful, this will be MASSIVE.
Brokers will have no other option than to open investigations and be obligated to provide investors with APE.
In the process, institutions holding synthetics will be forced to buy back every share they’ve flooded the market with, triggering MOASS (mother of all short squeezes).
This would mean pay day for AMC shareholders, and the greatest destruction of short sellers to ever happen in history.
The theory says that AMC and APE will follow each other relatively closely, so if one skyrockets so will the other.
In this scenario, shareholders are receiving value on top of value.
Who does this benefit?
AMC Ape Dividend | AMC Stock Update
If you decide to buy AMC stock due to the APE theory, then it’s worth the risk because the rewards could prove to be extremely high based on the theory.
Fundamentally however, it benefits AMC Entertainment as a company because they will be granted access to half of shareholders capital through APE.
This means the company may cash out at any moment should they decide to raise capital to pay off some debt; APE’s price would then tumble during a hypothetical selloff.
Buying AMC prior to the dividend means you will be granted with APE stock, but half of your capital will be at the company’s disposal should they require access to it.
Buying AMC after the dividend will mean AMC Entertainment stock will be at a bargain price – you can’t get a better deal than that.
Investors can’t go wrong with either, but it’s important to understand your finances and where your money is going.
But I’m curious to learn what you think.
Be sure to leave your thoughts in the comment section down below.
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Who will receive APE Stock?
AMC shareholders will receive 1 APE stock for every 1 share of AMC they hold at the end of the trading day of August 15th, per AMC’s press release.
Shareholders should see the new dividend stock reflect in their broker accounts the following week by Monday the 22nd.
APE stock is not a cash dividend which means shareholders will be able to trade the security like any other stock.
“These 516,820,595 new “AMC Preferred Equity units” will trade on the New York Stock Exchange with the symbol APE”, said CEO Adam Aron in a tweet earlier this month.
Shareholders who sell AMC stock prior to the closeout date will not receive APE stock upon the issue date.
Will APE expose synthetic shares?
There is a 50/50 chance APE stock will expose synthetic shares.
The reason being is that AMC Entertainment has already issued the 516.8 million equity units per outstanding AMC shares.
This means that the equity units already belong to every individual shareholder.
The problem will arise only when AMC shareholders do not receive APE stock.
If AMC shareholders only receive partial APE securities, then brokers will need to address the issue at hand.
An incomplete batch of APE stock could signify shareholders are indeed holding phantom shares.
But how likely is this scenario?
It’s very unlikely since naked shares tend to be transacted outside the lit exchange and are not traceable/recorded for the public.
Here’s what the CEO had to say regarding synthetic shares upon the announcement of this new equity unit.
6. Candidly I’ve seen no evidence so-called fake or synthetic shares exist. But many of you disagree. This preferred equity dividend goes ONLY to company issued shares. So, it will have the impact of a “share count” or unique dividend many of you have sought. #TodayWePounce
The preferred equity dividend will go ONLY to company issued shares so if there are institutions holding synthetic shares, they will simply not receive APE.
How much will APE Stock be worth?
No, APE stock will not be worth $0.01 as many thought per AMC’s press release.
Adam Aron confirmed the “$0.01” referred to be merely a ‘placeholder’ used for technical legal terms.
APE stock will be worth approximately 50% of where AMC shares traded just before the dividend.
From there, market trading conditions will determine the ongoing share price of APE stock.
More FUD work. Ultimately, market trading determines the ongoing prices of AMC shares and APE units. They are very similar in nature, so logic says that initially the AMC share should approximately trade for 50% and the APE unit 50% of where shares trade just before the dividend.
This means that if AMC traded at $25 per share before the dividend goes into effect, shareholders will see both AMC and APE stock reflect $12.50 per share each.
The value of AMC shareholders’ portfolios will not change but rather be divided in half by these two securities.
In other words, the value will be the sum of 1 AMC share plus 1 APE.
5. So for each of your AMC shares, after the dividend you instead will own 1 AMC common share *and* 1 APE. Logic says the share price will fall, but your value will be the sum of 1 share *plus* 1 APE. Different, but similar to a 2 to 1 stock split of common shares. #TodayWePounce
While AMC shares are not being diluted, the introduction of APE stock allows the company to use half of the value of AMC shares to raise capital and pay down debt if they choose to.
Since shareholders have expressed they do not want to dilute AMC anymore, AMC Entertainment’s solution was to create a separate security (APE) from which they could use instead.
To sum it up, the creation of APEs should help clarify for you who is in our current shareholder base and how many company issued shares there are. Beyond that, though, we believe APES should let AMC raise capital, pay debt and do more. Not good news for the doubters. #Checkmate
Market News: AMC becomes one of the most purchased stocks on Fidelity
Wall Street is baffled as AMC becomes one of the most purchased stocks on Fidelity in the past week.
Mark Taylor from Mirabaud Securities says “the ‘smart guys’ are confused and fighting from a position of weakness.”
But has the retail community really been that covert?
The retail community has been fighting against market injustices for over a year now, which a lot has been an effort to drive short sellers out of ‘meme stocks’ such as AMC and GameStop.
‘Meme stocks’ have been suppressed by market makers and short sellers in order to prevent the stocks’ high demand from causing further losses.
It was reported AMC short sellers had lost more than $1 billion this year so far.
Are retail investors about to deliver another blow to Wall Street?
Let’s discuss it!
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AMC breaks $20 again
AMC Entertainment stock has broken the $20 levels again.
It’s going to have to hold well above $26-$27 if retail investors are to see it beyond $30 again.
AMC had peaked to $27.47 during the pre-market but underperformed like majority of stocks.
While trading volume in the past two days has been over 100m, today’s volume showed signs of cooling momentum.
Still, AMC is holding around $22.50 relatively well.
Shareholders are loading up on the stock prior to the new dividend distributions.
AMC will be distributing 1 APE stock for every 1 AMC share investors hold.
The new security will be tradable in the market and will provide the company with liquidity to pay down their debt and raise cash if need be.
For investors, a cash cow that may significantly grow in value.
This incentive is attracting more investors to buy the theatre chain stock and causing confusion amongst short sellers.
But there’s one thing mainstream media isn’t discussing, and that’s that retail activists and shareholders aren’t going anywhere.
Some folks truly don’t know
The retail community might have been painted as degenerates that originated from the Wall Street Bets Reddit forum and that what happened last year simply happened.
But that’s not the case at all.
The activist community has grown and has aimed at the SEC for its incompetence in market structure.
Marketing campaigns have sprawled on the streets of Chicago calling out Citadel’s Ken Griffin for market manipulation and Gary Gensler for allegedly being complicit.
Even the DTCC is under fire by retail investors yearning for change in the market.
The Depositary Trust & Clearing Corporation (DTCC) had its windows covered with flyers that read – DTCC, Disgraceful, Thieving, Complicit, Committee “allowing financial crimes under their watch”.
The market manipulation that has suppressed ‘meme stocks’ such as AMC for over a year now have prevented the stock from squeezing the big players from the game.
Loopholes have raised the attention of millions of investors who simply want to participate in a fair market where supply and demand dictate price action, not market makers and complicit regulators.
Some folks don’t truly know this, but this is a new breed of retail investors.
‘Meme stocks’ become beacons for change
So why are people becoming obsessive with stocks such as AMC and GameStop?
It’s because in today’s world, people are obsessed with real positive change.
For change in their daily lives, change in the financial lives, and change in the markets for the future generation.
Wall Street will very soon notice it’s time to pass the torch.
Finance is changing, culture is changing.
This is why AMC stock has become one of the most purchased stocks in the market.
Market News: AMC volume surges as investors wait for APE stock dividend
Investors are bulking up on AMC stock prior to the new stock dividend.
The big volume has caused AMC Entertainment stock to rise 18.86% on Friday and more than 15% on Monday.
A new $APE stock was announced during Thursday’s Q2 earnings call, part of a dividend AMC Entertainment will be distributing to shareholders later this month.
This ‘AMC Preferred Equity’, or APE, will be available to all AMC shareholders by the 19th of August.
Investors should see the new ticker on their broker accounts the following trading day.
But why is this new $APE stock a big deal?
That’s what we’re here to discuss.
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AMC’s volume surges
AMC’s trading volume has more than doubled surpassing 100 million both on Friday and Monday.
This strong demand for the stock has also caused the stock to trade significantly higher.
AMC closed at $22.18 on Friday and traded around $25.50 per share majority of Monday’s trading day, even reaching $26 per share.
The stock is up more than +56% on the 5-day trading chart and more than +61% on the monthly.
The high volume in the recent days suggests retail investors are going in the offense to make the most out of this upcoming APE stock dividend.
How many APE will AMC shareholders receive?
AMC shareholders will receive one APE share for every AMC share they hold.
(Ex. 1,000 share of AMC = 1,000 additional shares of APE stock)
Shareholders will be able to trade APE stock based on supply and demand meaning the security will indeed hold value.
The value shareholders will be receiving in the next few weeks is unlike anything else in the market.
APE stock IPO
Although APE stock is merely a dividend from an already publicly traded company (AMC Entertainment), the structure could almost be seen as an IPO due to its introduction to the market.
This means that like an IPO, we could expect APE stock to surge in price during its first few days to weeks in the market.
The sheer volume on its own could create a massive surge similar to what we witnessed with HKD stock, especially if institutions buy in heavily.
Perhaps it’s not the exact magnitude we saw with HKD stock, but something similar with enough buying power and demand for the stock.
Here, shareholders will be able to maximize profits from APE stock and AMC stock, if AMC has not already squeezed short sellers.
There will be money to be made for early adopters.
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