FTS International Inc (FTSI)

[Grahammer]

You are absolutely right. Furthermore, most people who thought they were up a lot and sold will find a nasty surprise on Monday: they will be short and will need to cover.

Let's say you had 100 shares from 11/19/20 and earlier. If your brokerage did not update your numbers to around 24 on 11/20/2020 and furthermore allowed you to sell those 100 shares without warning that you would actually be short, you will be short 76 shares come settlement date.

Monday will be a surprising day for many.