why does ape go up when aa says he will raise 110millipn fro...
$AMC Preferred Equity Unit(APE.US$ why does ape go up when aa says he will raise 110millipn from ape
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M1ke1229 : it causes excitement from the possibilities causing folks to buy from fear of missing out cause everyone else is buying.
102186816 : If APE could switch to AMC later, the current price would be much cheaper than AMC. Among them, there is a lot of room for arbitrage, selling AMC and buying APE.
Billy Badass 102186816 : That is what i did. nice gains so far