djmilic
On December 22nd, AMC announced a multi-part deal where they agreed to sell and swap millions of shares of their APE (AMC Preferred Shares) to a hedge fund in exchange for their pledge to vote "yes" for an effective share consolidation of
Analyst’s Disclosure:I/we have a beneficial long position in the shares of APE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I am currently long APE, long AMC put options, and long AMC Call options.
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