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No one really knows 1000% how this is going to go down. What I do know is that every short position on AMC was doubled to match the APE shares. From what I understand but need clarifying on is that Ape is set up differently, a system that puts pressure on the shorts having to close that's not as easily manipulated.
When these shorts are pressured to pay back and exit and APE squeezes, AA would use this liquidity to pay down a ton of debt and prove the short thesis wrong. This would be the ultimate way to launch a company deep in debt out of it and therefore not making it an attractive company to bet against.
Is it that simple?
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- 2 years ago
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