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How long?

I never participated in a split. once this vote happens, how long does it take for the decision to be announced. And…. how long does it take to see the effects of that decision??
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  • SLOBB : The “vote” date is the 14th but there is a pending court case for the end of April and nothing can be enacted until the case is heard. Obviously if we vote it down “vote no” it’s a moot point as the hearing is to stop the conversion and reverse split. If it passes and the court rules in favor of AMC then you will wake up and your share will be divided by 10 and the price multiplied by 10. That day at the opening bell only, your portfolio is exactly the same. What isn’t the same is you now need the stock price to go 10X higher than it would have before to make the same amount money because you have 90% less shares.

  • faithful Platypus_20 : how did you place you vote????

  • TheWhiteCrow OP SLOBB : Hey SLOBB, thank you brother man for the input. I have a question if what you said is the case. So what your saying is if it goes through we would still have to wait until late April to see any capital gain??  Honestly I’ve been very excited for the vote on the 14th so I can grab my earnings and get the fuck away from APE for good. APE has been my main losses lately. And I’ve been thinking the end is in sight and now I have to wait another month??? [undefined]

  • NewtonOj TheWhiteCrow OP : You don’t lose nothing and it will20x do your self a favor and don’t listen to that SLOBB he is a paid shill on here lots of moomooo have blocked him …

  • SLOBB NewtonOj : Nobody has blocked me and you have no clue what you are talking about. I’m a AMC and APE holding Ape, this is my family’s dream funding investment. Nobody wants to see AMC squeeze more than me. Go buy yourself some more shares and stop putting your foot in your mouth

  • SLOBB TheWhiteCrow OP : If the votes pass after tabulation and are announced tomorrow at the special meeting, nothing can happen until after the court hearing in late April. A reverse split and conversion will be delayed until a ruling is made.

  • TheWhiteCrow OP SLOBB : Awe ok gotcha. Now is the vote ballot coming to my email? The email my moo account has on file?

  • NewtonOj : I have. Been a amc holder for 4 years dumb Ass

  • SLOBB TheWhiteCrow OP : I only use Moomoo for options trading so I didn’t vote through though them. I received emails from my other brokers with voting links for both AMC and APE positions. You need to vote ASAP so check your email spam box or call customer service now

  • SLOBB NewtonOj : I don’t care how long you’ve been holding. If you don’t understand that a conversion and reverse split is bad for long time retail share holders with large positions. There isn’t one guaranteed good reason to vote yes. It’s all “hope” that it will cause the MOASS and it decrease the potential amount of profit because you have 90% less share and now depend on the share price going 10X higher than it would without a reverse split.

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