Report: AMC FTDs Spiked to $9.9 Million in October
The latest report on AMC FTDs shows failure-to-delivers spiked to $9,906,536 for the month of October so far, with data still coming in. This is equivalent to 1,640,155 FTDs. FTDs, or Failure-to-deliver occurs when one party in a trading contract…
Credit Suisse Warns Investors of Naked Short Covering
The SEC released Credit Suisse’s 6-K filing where the bank warns investors of potential losses due to naked short covering, more on that below. Credit Suisse (CS) took a massive hit of $4.09 billion in Q3 and hints at occurring losses in an upturn…
Cineworld Stock Trades Above Movie Industry Leader AMC
Cineworld’s stock price jumped on Tuesday after it received approval to tap into a $1 billion fund after settling with its landlords. A U.S. bankruptcy judge granted Cineworld Group, the parent company of Regal Cinemas, access to more than $1…
S3 Partners CEO Says GME Stock May Squeeze Again
S3 Partners CEO Bob Sloan said in an interview with Yahoo Finance that if GME stock goes above $30, “you could see something parabolic”. Yahoo Finance asks the CEO if there is enough short activity or short volume in GameStop’s float to…
Credit Suisse Shares Are Now Worth Less Than AMC
Credit Suisse shares are now worth less than AMC shares and mainstream media is nowhere in sight urging investors to sell the bank’s stock. On the contrary, the bank is predicting AMC shares are headed towards 95 cents per share and claims…
