Non-Tech
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Failure To Deliver, Oustanding & Flow
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An SI Board Since May 2024 |
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NNOX |
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Looking at FTDs and their spikes during stock price rises. more to follow.
Ultimately its wrong, and discussion that it brings liquidity and fairness to trading is horses--t. if somenone is borrowing shares without the ability for buy/pay them back, in full, it's fraud.
ultimately the action from this thread woul dbe to file suit against the SEC/FINRA to enforce the revcovery of the FTD values, and cease have them writeen off by brokers, and of course to allow the free market and trading volatility return to the control of the broader market participants.
My personal beef at the moment is with NNOX, which has seen 19M FTDs in the last 12 months, specifically synced to price spikes. At an average volume wieghted price of $12, that equates to $220M that someone has walked off with. Where did it go? who was affected? who else has motivation to see the sloppy enforecement of this fraud reigned in?
that's my effort here.
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