Discover and read the best of Twitter Threads about #ftds
Most recents (3)
Are these Deep In The Money calls held by Citadel and Susquehanna used to reset #FTDs and avoid closing out #NakedShorts that have exceeded allowed time to locate shares? (aka "reset transactions"?). 🤔 I think they are. #AMC
And Group One Trading
Seeing the values the calls are expressed in total number of shares. Thanks @BaronvonSteube6 for catching that. Still, 50.5 Million shares just from calls held by these 3 alone that can be used to fake locates.
It seems highly possible that brokers are just crediting our accounts with shares that they don't actually hold. Where a #NakedShort sold shares to us thru their broker that our brokers never bother to make sure was really borrowed / located. #AMC
This is why the #APE market cap / share outstanding numbers never added up, why the avg per #AMC shareholder is so low, and why the #FTDs are so high
Hey @elonmusk gotta love when you have 125 Million Tesla #FTDs due April 6th and the price DECLINES from the previous close. #NakedShorts #resettransactions #HelpUsHelpYou #YoureASmartMan #FigureItOut #AMC #Tesla #ApesTogetherStrong
