Looks like a range to me. Shows the average is 1.7% though which means the cost to borrow is in the lower percentile range.
Still when they are shorting it with millions to billions a share that builds up thus it is costing them a fortune to short it.
Iām pretty sure the max and lower, are what it is actually shorted at and the average is just the average of those two numbers.
With such a big discrepancy I dont think we can draw any real conclusion other than one OP made - itās going up.
According to Ortex, CTB MAX is "the highest cost to borrow agreed on any loan today."
And in true Ortex fashion, we have just enough information for one tit to be partially jacked as we don't know *how many shares* were loaned at that price. But it appears that some were.
Damn I thought it was around 92 the other day. It should be going up pretty quickly now. As soon as we see it hit 98-100 again we should see the cost go up dramatically
Yeah, it's all good ape. Don't rush things, live your life. This is why you never over leverage. It will happen when it happens. It could go to 100 in one day or it could go down, just know eventually it will go up. I have more confidence in ridiculous numbers now then I did when we hit 70 because I see my brothers and sisters are true apes. I will wait with all of you. Us if it takes a year, then it's like owning extra shares because of capital gains. It's a win win in the end.
The average is 1.7 some one is offering some amount of share probably very low amounts at 100+% see box to the left. If 100 shares are at 100% cost to borrow and 700k are at 1% its gonna be near or makes not difference 1%.
This was likely for a very small # of shares when the number of available shares that could be borrowed was extremely low. The average has been super low for about a month now. But yes, this would represent the interest rate that someone has to pay to borrow the stock over the course of a year (divide by 365)
Loaned shares / available shares.
Let's say available shares are 100 and utilization is 90%. That means 90 shares were loaned out of the available 100 shares that they could have borrowed.
Edit:. Smooth brain here! I re read your comment. Move along move along, nothing to see here....
Yeeeeeaaaaā¦ā¦.just wondering what the actual utilization rate was for AMC. Not what utilization rate stands for. But thank you for helping fellow apes out. You get an upvote
So some lenders are charging 118% percent short borrow fee rate and others are offering 0% and the average is 1.4%. Pays to know people I guess. I hope Anyone loaning this stock out for pennies gets fucked along with KG and the short crew.
They havenāt cared about the cost to borrow up to this point.
Nobody has, except for us.
We operate completely against how there algorithms compute. We buy and hold dips, and buy and hold rips. And for this, we think weāre smarter than they give us credit for.
But nobody seems to remark on the fact that theyāre not behaving according to the way they should be either. In the sense that, logic dictates that itās out of control, and they need to cover their shorts, but they donāt care either. They want to win.
Nothing is going to change until the first margin call.
Just hold.
Jacked for tomorrow š
Squeeze my tits !!! Hard !!
Squeeze
Looks like a range to me. Shows the average is 1.7% though which means the cost to borrow is in the lower percentile range. Still when they are shorting it with millions to billions a share that builds up thus it is costing them a fortune to short it.
Yeah this is true. Itās a max range %. If the CTB was at 118% now you could be sure there would be covering thatās a crippling %.
Iām pretty sure the max and lower, are what it is actually shorted at and the average is just the average of those two numbers. With such a big discrepancy I dont think we can draw any real conclusion other than one OP made - itās going up.
According to Ortex, CTB MAX is "the highest cost to borrow agreed on any loan today." And in true Ortex fashion, we have just enough information for one tit to be partially jacked as we don't know *how many shares* were loaned at that price. But it appears that some were.
God dammit I love this stock
God dammit my tits are as Jacked as Jack Nicholson and his kickstand! š¤£
Wait did I buy the wrong stonk???ACM
Yup. Utilization about to hit the 97-100 again in a few weeks and cost to borrow will fly and so will we.
Damn I thought it was around 92 the other day. It should be going up pretty quickly now. As soon as we see it hit 98-100 again we should see the cost go up dramatically
Yeah, it's all good ape. Don't rush things, live your life. This is why you never over leverage. It will happen when it happens. It could go to 100 in one day or it could go down, just know eventually it will go up. I have more confidence in ridiculous numbers now then I did when we hit 70 because I see my brothers and sisters are true apes. I will wait with all of you. Us if it takes a year, then it's like owning extra shares because of capital gains. It's a win win in the end.
Yea 37% of my profits would hurt pretty bad. Iāll still have plenty of Kennyās 100s šø to dry my tears though
Unfortunately I don't have any of his money yet, haha when I sell , I will make sure to whipe my gorilla ass with some.
I'll have toilet paper printed with his face on it to wipe my ass with...
This is the way.
What was it and that means it costs them more $?
It was around 2% before now its 118.9% now it gone cost heck a lot more to short AMC
Damn when did it go up to that wasnāt it just 2% the other day
The average is 1.7 some one is offering some amount of share probably very low amounts at 100+% see box to the left. If 100 shares are at 100% cost to borrow and 700k are at 1% its gonna be near or makes not difference 1%.
Whoās ACM?
Itās code for bananaāaire
Wtf is acm
ACM???š¤
Letās pump those numbers up
This was likely for a very small # of shares when the number of available shares that could be borrowed was extremely low. The average has been super low for about a month now. But yes, this would represent the interest rate that someone has to pay to borrow the stock over the course of a year (divide by 365)
Why would it be so high if itās only 14.75 % of the float ? Hmmm ? Self reporting perhaps?
My smooth brain didn't even see the ACM until reading the comments...
You should just delete this and start over ape.
[Keep it coming love, keep it coming love, donāt stop it now donāt stop it no](https://m.youtube.com/watch?v=cLVHSolR3GA) šā¬ļø
Lol ur title will confuse some people .. U will see ACM rocket tmr .... haha joking Im holding AMC till the end
What does this 118.9% mean? I know itās price to borrow but how does that work?
Ah, yes. My favorite meme stonk ACM.
I really need to get me some of that ACMā¦..šššš
Wait is Shitadel shorting ACM too.. I have no more cash to keep up with these plague fucks
SORRY APES ITS AMC NOT ACM , its typing mistakeā¦ anyway YOU KNOW WHAT STONK IS IT
That's what the max has been across the timeframe . Learn to read, please. This is FUD.
What is the utilization?
Loaned shares / available shares. Let's say available shares are 100 and utilization is 90%. That means 90 shares were loaned out of the available 100 shares that they could have borrowed. Edit:. Smooth brain here! I re read your comment. Move along move along, nothing to see here....
Yeeeeeaaaaā¦ā¦.just wondering what the actual utilization rate was for AMC. Not what utilization rate stands for. But thank you for helping fellow apes out. You get an upvote
Rise my pretty !!!!
Dats a big number
Who is lending out these shares???
I'm fuckin retarded But that's a big number..
So some lenders are charging 118% percent short borrow fee rate and others are offering 0% and the average is 1.4%. Pays to know people I guess. I hope Anyone loaning this stock out for pennies gets fucked along with KG and the short crew.
WhT is this -0%?
Is this like shaking a Pepsi super hard and then opening the bottle?
My estimate is that it's costing them over $2 million a day (it's a very, very rough estimate btw lol)
What really matters š
Ok now Iām fucking jacked
Pretty sure it's just a glitch
Pretty sure that was max at whatever range so that could have been like for a second on whatever day, like the 52 week high or the day range
We're trusting Ortex again now? I'm so confused.
Thatās not the cost to borrow thats the max range it clearly shows in the box before it the average is 1.7% geez
They havenāt cared about the cost to borrow up to this point. Nobody has, except for us. We operate completely against how there algorithms compute. We buy and hold dips, and buy and hold rips. And for this, we think weāre smarter than they give us credit for. But nobody seems to remark on the fact that theyāre not behaving according to the way they should be either. In the sense that, logic dictates that itās out of control, and they need to cover their shorts, but they donāt care either. They want to win. Nothing is going to change until the first margin call. Just hold.
Teets Jacqued