AMC Stock Tumbles After ‘APE’ Conversion Approved by Court
Shares of AMC Entertainment were sinking in late trading Friday after Bloomberg reported the firm won approval to move ahead with a planned conversion of AMC Preferred Equity, or APE, units into common shares.
Likely this event: the settlement got approved by Judge and it came out after hours. That means that Conversion and RS for them is moving forward. Which is good for shorts, AA and AMC, bad for retail investors.
Bury the lede is an expression that means to fail to mention the most important or interesting part of a story or anecdote right at the beginning, and instead insert it at some other point in the telling, as if it weren’t that important.
And the ticker for APE shares is APE, AA is Alcoa.
So "burying the lead" in your opinion is putting that in the second paragraph after something else I deemed more important, an explanation that this is not retail causing the drop but institutional selling?
That's some ADHD reasoning for you not reading the comment I provided right out of the gate.
Take responsibility for your lack of reading instead of blaming others.
Or a big news story came out late in the day
AMC Stock Tumbles After ‘APE’ Conversion Approved by Court
Shares of AMC Entertainment were sinking in late trading Friday after Bloomberg reported the firm won approval to move ahead with a planned conversion of AMC Preferred Equity, or APE, units into common shares.
or read my comment.
Then why the surprise if you know a big news story broke
...or maybe don't bury the lede...
https://www.dictionary.com/e/slang/bury-the-lede/
And the ticker for APE shares is APE, AA is Alcoa.
u/#q4148
So "burying the lead" in your opinion is putting that in the second paragraph after something else I deemed more important, an explanation that this is not retail causing the drop but institutional selling?
That's some ADHD reasoning for you not reading the comment I provided right out of the gate.
Take responsibility for your lack of reading instead of blaming others.
Good day.
Sadly, this is an instance where traditional media did better than anons:
Your attempt:
Legacy media who didn't bury the lede: