The AMC community is keeping a close on on AMC Entertainments fails to deliver data and for good reason. The Ape community suspects that the high number of AMC fails to deliver (FTD) is coming from large hedge funds and financial institutions. Why do they believe that? Because it is not realistic or likely that retail investors have enough spending power to affect the FTD data themselves. Especially since AMC Entertainment has seen over 7.5 million failures to deliver as of last year and even more through this year. Before we proceed further, it’s important to address the question, what is a failure to deliver and why does AMC have high fails to deliver?
WHAT IS FAILURE TO DELIVER?
Fails do deliver data has been The term “failure to deliver” or FTD is when one party in a trading contract does not fulfill or “deliver” on their part of the trade. Simply put, a failure to deliver means that a trade did not get executed or go through when it should have.
WHEN DOES FAIL TO DELIVER DATA GET PUBLISHED?
In the latest report published at the end of April from the SEC, fails to deliver for AMC 2022 reached over 1.3 million. While the trade volume is larger than other stocks, this fails to deliver is a significantly higher amount than what we would normally see when comparing to other stocks. AMC retail investors are eager to see what the FTD data shows for in the first half of May. The SEC usually reports twice a month FTD data, once for the first half and once for the second half.
FAILS TO DELIVER AMC 2022
Based off of previous failure to deliver data for AMC 2022, AMC has a very high number of trades that are failing to clear and execute. This is creating a lot of suspicion within the retail investor and AMC community. Typically we know that when there are a high number of FTD it can indicated the illegal practice of naked short selling. Naked short selling has been an illegal trading tactic since 2008 when the financial crisis hit — by naked short selling, it means institutions are selling a stock without it actually being available. On April 11th 2022, 1,128,577 failures to deliver were documented and prior to that 1,327,129 failures to deliver were reported on March 23, 2022. What is significant about this is that these number have substantially exceeded 1 million FTD’s and prior to this data from March and April of this year, AMC failures to deliver has not exceeded 1 million since September 2021. This data of fails to deliver for AMC 2022 has caught retail investors attention and they will not lose sight of this data in upcoming months.
HOW CAN RETAIL INVESTORS STOP FTD?
While retail investors don’t have the power to physically stop failure to delivers, it’s extremely important for retail investors to continue to share articles, data and sources about the AMC fail to deliver data. By sharing the data, hedge funds and financial institutions will continue to be exposed and eventually the SEC and DOJ will have to probe further into the FTD data to appease retail investors and keep their trust. The sole purpose of the U.S Securities and exchange commission is to protect investors and maintain their trust in the stock market. AMC Apes stay connected to share information through platforms like twitter and reddit. GME investors also are keeping close tabs on the FTD data for popular meme stock GameStop.