This post about the army of Korean Apes appeared on Reddit on 31 August 2021 posted by u/Muscle_King and we thought it was worthy of being replicated for posterity here. Apes Army do not endorse any of this information, nor should it be regarded as Financial Advice. DO YOUR OWN RESEARCH.
💎KOREAN APES are still HOLDING and BUYING: WITH SOLID PROOF🚀
Roughly about three months ago, I have posted about the average holdings of AMC stock within my group chat room. At that time, I was not aware that there was an official website of Korean Securities Depository also known as KSD. As part of that website, I came across a link that directed another website called SEIBRO (Securities information broadway) which shows all the traded stocks including both national and international grounds. Within that website, I was able to find a tool source that provides the TOP 50 most holding and trading stocks within Korea.
This image shows the mostly traded stock within Korea over the past 6 months. As you can see, it is ranked 4th with the total amount of 4,503,106,360 USD. The indication point I wish to mention here is the popularity of meme stocks along with the FOMO buyings which can contribute a lot as soon as AMC starts to show its strengths. The buying is ongoing and it is in strong bullish direction.
I was also able to access into the TOP 50 holding stocks until the current moment. As you can see, AMC is ranked 30th with the total depository amount of 257,088,413 USD. By roughly doing a simple math with estimated AMC stock price being 40 USD, this equals up to 6,427,210 shares and the amount of share totals at least 1.28% of all of the outstanding AMC shares.At least 1.28% of all of the outstanding AMC shares!!!
My conclusion points which I made 3 months ago has not changed a bit. Just imagine the total number of international apes we have in comparison of the size of the Korean Apes we have now. Asian, European, LATAM, etc Apes are also in huge play within AMC stock with the same target of achieving the same goal. CORRECTION OF THE LARGEST STOCK MARKET IN THE WORLD.
I wish to emphasize that the US Apes are not alone and that there are more, WAY MORE oversea Apes than we all can imagine which only concludes to the unimaginable amount of FAKE SYNTHETIC Shares there are within the AMC STOCK. SO BUY and HODL. That’s all I got to say here.
APES and Ants, FOREVER STRONG. 💎🚀💎🚀💎
AMC To The 901K 💥💥💥
See the original post here