Any AMC APEs in here? Looking forward to the squeeze
Haven't seen a thread on AMC for quite a while. I personally own 2500 shares of AMC and APE. Just bought another 250 AMC+APE on Thursday before it gapped 12% on Friday.
In recent news, APE appeared on NYSE Threshold list on August 31st, 2022. 5 consecutive settlement days of FTD’s confirmed to September 7th, 2022. Then, starting September 8th to now 9th, APE is OFF of NYSE Threshold list. (It shouldn’t be off the list; NYSE committing fraud)(FTD’s aren’t covered).
I'm looking forward for the squeeze, perhaps sooner than we think. With the market outlook not looking so great, speculative investments will be first to go bust as hedgies close their short positions. But with limited shares going around, AMC+APE will cost an arm and a leg by the demand.
Would love to see how many fellow APEs we have on WSO.
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