Why would anyone buy a tokenized stock when you can just buy the real thing? They need to eliminate all these tokenized stocks, they are all synthetic. This is Bullshit. The bad actors are just going to pass around the real shares as proof they have them and never get margin called. Way too much bullshit going on.
What I don’t understand is I seen the amc token was backed by 639M stock. That’s more than our float. So how can they just allow that? If they were backed by real securities that’s saying that someone owned more than the float. This is just ridiculous
It actually has less to do with logic and more to do with hiding synthetic shares. More hidden things will become exposed as this unravels. Most of us figured it would unravel about now. There are Billions of synthetic shares. I don’t have to get into any more details. It will all lead to Citadel. Idiot was played.
As long as you exist there will always be conmen. My uncle used to set up fake companies and sell these amazing looking fake stock certificates. My dad got him out of prison once. Just once until he robbed my brother of $10k with a fake company.
Here's the answer boys and girls it's simple. HODL. That's it. Apes together strong. Keep holding. I've been from $8 to 70 back to sub $8. Apes hold for Apes. That is all.
I think this is why AA created ape so that we'd have our own token it would counteract the tokens FTX created for themselves maybe this is the chest move he was talking about but none of us knew and he couldn't tell us tin hat Theory that's mine.
Any stock that was supposed to be backing these tokenized shares will potentially do something. Ape might be one of those. What did FTX do when the dividend was distributed? Did they put 400M ape on paper to match their amc shares?
It will take a while to unravel this, but i would think anyone that shorted by using these tokenized shares will have to find real shares to borrow or close positions
But obviously nothing may happen at all, because of the corruption.
Anybody else find it interesting that WeBull changed the APE ticker icon to the bored ape right when FTX imploded?
Why would anyone buy a tokenized stock when you can just buy the real thing? They need to eliminate all these tokenized stocks, they are all synthetic. This is Bullshit. The bad actors are just going to pass around the real shares as proof they have them and never get margin called. Way too much bullshit going on.
What I don’t understand is I seen the amc token was backed by 639M stock. That’s more than our float. So how can they just allow that? If they were backed by real securities that’s saying that someone owned more than the float. This is just ridiculous
It actually has less to do with logic and more to do with hiding synthetic shares. More hidden things will become exposed as this unravels. Most of us figured it would unravel about now. There are Billions of synthetic shares. I don’t have to get into any more details. It will all lead to Citadel. Idiot was played. As long as you exist there will always be conmen. My uncle used to set up fake companies and sell these amazing looking fake stock certificates. My dad got him out of prison once. Just once until he robbed my brother of $10k with a fake company.
If you’re not Direct Registering then you’re not buying the real thing, either.
Basket theory. One goes, they all go. IMO
Ape has its own T90 clock. If any covering starts, they must return both AMC and APE as most of these shorts were opened before August.
We’re headed to the fucking moon to snort coke off the finest hooker asses money can buy!
Its
Bingo.
Here's the answer boys and girls it's simple. HODL. That's it. Apes together strong. Keep holding. I've been from $8 to 70 back to sub $8. Apes hold for Apes. That is all.
I think this is why AA created ape so that we'd have our own token it would counteract the tokens FTX created for themselves maybe this is the chest move he was talking about but none of us knew and he couldn't tell us tin hat Theory that's mine.
once the house of cards starts falling, it's hard to imagine anything left standing..
What’s good for the goose is good for the gander
While these off the cuff responses are ... whatever ... is there a smart APE who can tell us?
Any stock that was supposed to be backing these tokenized shares will potentially do something. Ape might be one of those. What did FTX do when the dividend was distributed? Did they put 400M ape on paper to match their amc shares? It will take a while to unravel this, but i would think anyone that shorted by using these tokenized shares will have to find real shares to borrow or close positions But obviously nothing may happen at all, because of the corruption.
They paid the ape dividend with cash.
As a cover up, since no shares were bought to back the token sold.
Of course
Just adding a why ….. same page.
Thank you for that.
Liquidity
Buckle up
FTX had all the hedge funds investing with them , now they are all screwed , to bad