AMC STOCK NOVEMBER 14 2022 FAILS TO DELIVER
The insanely high number of fails to deliver in November is seen in the table below from Stocksera.com
The number of failures to deliver in November is once again larger than what has been recorded in recent years, but up until this point, it doesn’t appear that the SEC or other trade regulators are concerned about these figures. These numbers make it seem like something nefarious could be going on behind closed doors, especially when other much larger companies like Google, Apple, and Amazon don’t see FTDs like this even with being much larger and with much more trading volume.
Things to note with failure to delivers (FTD) *Source Investopedia*
- Failure to deliver (FTD) refers to not being able to meet one’s trading obligations.
- In the case of buyers, it means not having the cash; in the case of sellers, it means not having the goods.
- The reckoning of these obligations occurs at trade settlement.
- Failure to deliver can occur in derivatives contracts or when selling short naked.
Traders and small-time investors generally pay close attention to failure-to-deliver statistics. Many investors have the suspicion that some businesses have been the victims of fraudulent short-selling techniques like naked shorting, which have negatively impacted the performance of their stocks. This is something that retail investors known as apes are watching closely.