APE/AMC meme Stonk thread

So I have been reading that some people on ATS want a meme stock thread due to the recent death of the CFO of Bed , Bath and Beyond.

Well I would love to start the threat off! Just to give a little background I have been trading options and stocks for over 15 years. Last year The buy button in bed bath and beyond was turned off on the Robinhood app and my 5 call options in bed bath and beyond lost $2000 in 35 minutes. I am currently represented by Securities law firm and have been in litigation for over a year with Robinhood and the case is being decided by a FINRA arbiter.

Needless to say I only use Fidelity to trade now.

I current have a significant position in AMC and APE which is the new preferred equity shares that was spun off two weeks ago. I have held for a year because I believe there is rampant corruption and rampant dark pool use and failure to delivers. There are billions of synthetic shares and Wall Street has been illegally naked short selling this stock since Covid started.

There is a whole Reddit thread dedicated to AMC and millions of people WAY smarter then me have done the due diligence on this play. We are all holding for an EPIC mother of all short squeezes which a lot of people in the movement is called. MOASS.

What I find fascinating about this movement is I see leftists, democrats, conservatives, republicans and libertarians all together on one page fighting the corruption on WALL STREET. It’s a beautiful thing.

A lot of people in this movement are just doing one thing they keep buying and holding AMC STOCK AND APE STOCK.

The con game and the shell game of Wall Street can only go on for so long. There is a great saying in the movement I love. “WE CAN BE RETARDED LONGER THEN YOU CAN STAY SOLVENT”. This is true because the hedge funds have to pay millions of dollars a day to short these stocks and the interest rates they are paying to borrow shares to short keeps going up and up.

I apologize in advance if some of the terminology doesn’t make sense but I would be happy to answer any questions!

HODL!!!! APES!!! DIAMONDHANDS.

a reply to: Brassmonkey

I'm following it some.

Godspeed. Ten years ago I'd have said it's going to work eventually, but the corruption is pretty blatant at this point. I have no faith in the system working to protect investors or even maintaining the legitimacy of the markets. You might need a change in DC this election to get anywhere, but I also don't think the SEC getting tied up in hearings is going to bear fruit quickly. Maybe some scrutiny will at least get them to stop ignoring blatant shenanigans. It seems the leadership in several federal agencies needs to start being held accountable.

Was the stock split controversy resolved? It showed up for a couple days and then disappeared from my feeds.

a reply to: Brassmonkey

I'm guessing the outcome of all this may end up like the housing bubble but much worse. Hope I'm wrong.

“WE CAN BE RETARDED LONGER THEN YOU CAN STAY SOLVENT”.

Should put that on our seal in place of that "e pluribus unum" line.

Dammit, I'M IN!

originally posted by: Brassmonkey
Needless to say I only use Fidelity to trade now.

I current have a significant position in AMC and APE which is the new preferred equity shares that was spun off two weeks ago. I have held for a year because I believe there is rampant corruption and rampant dark pool use and failure to delivers. There are billions of synthetic shares and Wall Street has been illegally naked short selling this stock since Covid started.

I use Webull but thinking of changing. robinhood is trash, i do still have some scraps in there that i scalp crypto with but when they pulled that crap i moved anything substantial.
APE, makes me sad, it just went wrong from the start, and the rumors of an SEC investigation dont give me hope.
I dont have much but i will say its nice to average down, after averaging up for the past year. not done yet!!! HODL

What I find fascinating about this movement is I see leftists, democrats, conservatives, republicans and libertarians all together on one page fighting the corruption on WALL STREET. It’s a beautiful thing.
A lot of people in this movement are just doing one thing they keep buying and holding AMC STOCK AND APE STOCK.
The con game and the shell game of Wall Street can only go on for so long. There is a great saying in the movement I love. “WE CAN BE RETARDED LONGER THEN YOU CAN STAY SOLVENT”. This is true because the hedge funds have to pay millions of dollars a day to short these stocks and the interest rates they are paying to borrow shares to short keeps going up and up.

Its so good!!! we motivate instead of subdue, That kind of energy cant be stopped. They have been surrounded by negative greed and vanity for so long they dont know what to do!
Dont touch my green crayons though!!!!

But on a serious note, APE already on the threshold list!!!!
They had options traded on day one, and all the shares havent been allocated to share holders yet.
I get so mad talking about.
Need to relax now so im gonna go see a movie, peace!

a reply to: datguy

So they allowed futures options before the stock was even distributed? Was it even trading for spot purchase?

I still haven't seen if the GME split was resolved for Europeans that said they didn't get their full allocation.

It's another thing that seemed to disappear from my feeds.

a reply to: Ksihkehe
It could be bought and sold after it was opened for trading, but because it is not a typical "class a" stock there were supposed to be no options trades or shorting allowed, it went on for about a week before it stopped.

I still here stories on you tube and twitter about people in south america and europe not getting their shares yet