Latest Report Shows AMC FTDs Spiked to $31 Million
The latest Stocksera AMC FTD report shows that fails-to-deliver dollar amount spiked as high as $31 million in November. This is equivalent to approximately 4.3 million FTDs. The last day of the month shows FTDs amounted to $4 million, or approximately…
AMC Entertainment Cancels Cineworld Acquisition Negotiations
AMC’s CEO says talks have been halted with Cineworld lenders relating to the possibility of several acquisitions. Adam Aron says all talks AMC Entertainment had about acquiring Cineworld/Regal movie theatres are now officially off the table.…
Wells Fargo Fined $3.7 Billion in Widespread Illegal Activities
[ZeroHedge] Wells Fargo has been ordered to pay $3.7 billion by the Consumer Financial Protection Bureau (CFPB) for a variety of illegal activity, including wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and…
The SEC Names MMTLP In Pump and Dump Scheme Lawsuit
According to the SEC, MMTLP is one of the tickers Atlas Trading was pumping. The SEC recently charged a trading group, including @MrZackMorris for pumping a variety of stock tickers on their discord, per Bloomberg. Regulators are saying eight members of…
SPY Stock Continues to Make Lower Lows and Lower Highs
Looking at the SPY for the year and we see that the market continues to make lower lows and lower highs. SPY stock took a big hit on Wednesday during JPOW’s speech, dropping from $405 to as low as $396. The index closed at $399.40 but continues to…
