Today I Want to talk about how Ape is still trading on some exchanges now I Want to make this perfectly clear that a stock should have been delisted Canceled Stopped deleted, Closed whatever you want to call it on Friday Right now, Ape should not exist, but yet, some brokerages are still trading it and even borrowing it. And I want to explain why, so stay tuned and let's make some money now. I Want to drive straight in with the kidnation. So David Murphy tweeted saying the current borrowing rate or the current fee rate on Ape just moved up on Ibkr.

He said on which exchange is Ape still being traded on He said, how is Ape still available to borrow when it's no longer a security and no longer exists? As you can see, the current borrowing fee has just increased to six percent and shares of Vape are still available to borrow, which as I explained due to the conversion and reverse split which took place on Thursday and Friday, the Ape security should no longer exist. It should have been delisted, Deleted Canceled Closed whatever you want to call it now Cat Striker Added this tweet about trade Republic and Consoles Bank which haven't even converted Ape to AMC shares Apache even asked Trade Republic about it. They didn't really answer his question, just sent him some standardized information on a reverse split in German and Brisbo added saying he's been looking across multiple different brokerages and Ape is still being traded. It's important to note the difference: Ape hasn't been demoted to a different Stock Exchange like the ODC Market or traded.

on a different exchange elsewhere in the world. The Ape security shouldn't no longer exist, but yet Ape is still being freely traded and borrowed on at least one different exchange between multiple different brokerages. Now I've kind of covered this before in many previous videos about how shorts and Ftds on AMC can be satisfied by Securities of like kind and quantity AK Basically saying that Ape shares can be used as AMC locates for AMC short positions or Ape shares can be used to satisfy AMC Fdds now I Personally think this alone shouldn't really happen, let alone using a security that doesn't even exist to be AMC's like kind and quantity replacement. but it seems the shorts are desperate to use anything as a like kind and quantity replacement as this tweet from stocks Batman really explains.

He tweeted saying they really messed up leaking the share availability and rate on AMC post split. Many of the shields were saying that post reverse split the AMC play would be dead. They said the shorts would close out of their short positions and the cost of borrowed fee would plummet back to one or two percent. They said that shorts would no longer be stressed as soon as the reverse split happens because that cost to borrow fee would disappear and the shorts would basically have zero expenditure going out for their short positions.

But as you can see from this screenshot, the Costa borrow fee on AMC is still between 740 percent and 991 percent. They're also still desperately trying to borrow any shares they possibly can and using up all of those shares pretty much instantaneously. Now this data is from August 25th, which is the Friday which is still the day after the reverse split. So it seems even with there ever split, the Shorts are no closer to closing out their short positions and still remain trapped now.

Stephanie Tweeted saying my opinion on why the Shorts attacked AMC extremely hard after the reverse split has everything to do with the settlement AMC shares they will have to pay Brokers for We know specifically for the settlement. Any number of shares that you are holding that is not divisible by 7.5 should be paid by the Brokers or by the short sellers. Basically saying that as part of this settlement, you cannot receive fractional AMC shares. Any fractions of shares should be paid to you as a cash dividend and obviously for any shares the Shorts have shorted into the market.

It's the Shorts that are responsible for paying that cash dividend replacement. and she said the Shorts knew we would never sell this low. So the reason why they attacked AMC post reverse split was not to make us sell, but to mitigate the damage to their balance sheets with a lower AMC price. Yes, the same number of shares still have to be paid for, but if those Shares are cheaper, it means the shorts have to pay less money for that dividend cash replacement.

And that is why they've attacked AMC extremely hard over the last few days with more volume consecutively every single day than we've seen in pretty much the last two years. Don't forget trading 26 million shares per day is the same as 260 million shares, which remember is the same as over half of the flow. So basically over half of the AMC float has traded every single day over the last three or four days, but also remember at least 80, if not 90. The flow is locked away by retail investors and obviously more Locked Away by ETFs institutions and insiders and therefore these shorts are passing around a very small number of shares, likely only a few thousand shares between each other.

Ladder attacking the stock down with more assume than we've seen over the last two years. This is because as I said, the shorts are desperate to try and push the price down as much as possible. Now I've actually got a few questions for those of you that believe the reason why the price of AMC has fallen over the last few days is due to the reverse split. Now my first question to you is to look at this chart and tell me based on this trading over the last few days.

Does that to you look manipulated or completely legit trading? I'll give you a few moments to decide now. I'm guessing by looking at this chart and the sheer amount of volume traded over the last few days knowing the majority of the flow is locked up that you said AMC's trading has been manipulated. And now another question: if they didn't manipulate the price of AMC over the last few days with the massive mess that's been going on with this conversion and reverse split and with more retail investors buying and holding even more shares, what do you think would have happened to the price if they did not manipulate the chart Now I'm also going to guess. As you said, the chart is manipulated and as you said, without the manipulation, the price would have likely gone up.

That to me, sounds like the shorts have been pretty much forced to manipulate the price to stop the squeeze. Now again, if you think this chart is manipulated and without that manipulation, the price would have likely gone up and you think the shorts have been there for forced to manipulate the price. That to me tells me the shorts are indeed still stuck in their short positions. Now if they're still stuck in their positions.

That also tells me they still need to manipulate the price of AMC further or they're still at risk of liquidation. And that also tells me that AMC Play is not over stock sense. Frank Also highlighted how obscene it is that at least stock sense Frank also highlighted how obscene it is that at least half of the float is traded every single day for the last few days. He said shorts are throwing everything they have at AMC hard.

They've been starved for liquidity and they're now tanking the crypto Market to try and pull all the juice they can to avoid margin calls. Now interestingly Cat Strikers also tweeted saying I see some people have received their settlement shares but she has not from Fidelity and from Charles Schwab We know some Brokers delivered these settlement shares a few days early when they didn't even exist like Merrill Lynch but yet some Brokers still have not delivered these settlement shares when they should have been delivered today again. as I said, it just reinforced stuff back. This conversion, reverse split and settlement has been an absolute mess now.

finally. I Also wanted to talk about how the shorts are still trying to threaten you to sell your aimsy shares. Charles Tweed is saying one thing I would say about the AMC Apes He said they made a huge mistake, threatening and harassing family members of people who did nothing more than challenge their absurd investment thesis. Now I Personally do not condone anyone that's been threatening or harassing anyone in this play at all.

but he said again that it's criminal what these AMC Apes do and there will be consequences just for buying and holding chairs which again is just more of those Shields and more of those short sellers not even trying to convince you to sell your shares, but trying to threaten you to sell them instead. And now speaking of threatening and harassing which I do not agree with, check out this tweet from Ethan and from the chef Andrew Now Ethan leaked his conversation with Adam Aaron and even leaked Adam Aaron's personal phone number and also made some pretty demanding threats as well. Now ether made some pretty threatening texts to Adam Aaron who replied saying with you condoning hate speech I will never knowingly speak with you only through attorneys or law enforcement should the need ever arise. and again Ethan replied with more threat saying Adam you just made 3.8 million enemies and said that you just flipping robbed us.

Any kind of threatening, harassment or doxing should be taken seriously and personal phone numbers should never ever be leaked. This is what gives the Shields and the shorts a bad name, but it's also what causes them to be lumped in with us the AMC retail investors. But guys, be sure to let me know what you think down in the comments below. And as always guys, be sure to ding that notification Bell because that way you'll be alerted when I upload a new video.

Cheers.