Kristopher Kochen Comment On Regulatory Notice 21-19
AMC has been on the "Threshold securities list" for a couple of weeks. According to the NYSE, AMC is currently logging FTDs totaling over 10% of its outstanding FLOAT every day. 2.5 million shares or more UNACCOUNTED FOR EVERY SINGLE DAY. AMC's FTDs were realized for the two weeks of June. AMC had over 5.4 MILLION shares failed to deliver on June 3rd alone. Oddly enough AMC was not on the Threshold List at this time. One can only speculate that Hedge Funds kept resetting the their needed settlement date pushing this back further and further.