This stock will never again get close to the meme peak of 2021 IMO. It’s a heavily indebted, loss making company in a dying industry, and we’re heading into a global recession where discretionary spending will be hit hard.
Yeah the bond yields are soaring to ~30% now. That’s a 30% return for 3.5 years if you are willing to take the gamble that they won’t go bankrupt - clearly not a rosy picture.
With the meme stocks though often the fundamentals can be overlooked but I think the bigger issue is the ability of existing holders to attract new buyers. It seems like that’s getting harder to do now with 1 year+ of failed catalysts - even the new wsb crowd are getting tired of boy who cried wolf and it seems like new ‘short squeeze’ plays are easier to sell than the old ones again.
To the moon MFers!!!
LFG!
And to think 18 months ago this thread was full of people panicking about the 25k limit as it was going to the moon.
You’re such a hedge fund shill Gary, I saw you having lunch with Ken Griffin that one time .
Looks like it’s doing well again
some people saying it will “go to the moon”
If it goes much lower Freetrade might need to lower the minimum trade size so you can sell one share…
Moon landing imminent
So do we sell this today as it will halve in value when changing to AMC at 1.10?
I thought APE is going to convert into AMC 1:1 and then the 10:1 split and then we get 1 additional share of AMC for every 7.5 shares we had?
Hope you’re right!
I dont claim to understand this will my 1.284… ape convert to 1.284… normal i got one for laugh
No, read my pic above
Yer so what you get for 1.2 what ever if its per 10 thats bit i dont get
I just think we’re fucked as everyone’s selling so makes no odds really. Diamond hands to the moon!