Kisses from Italy Inc (KITL): IMHO, FTD stands for "failure to deliver...

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Re: doinit post# 12975

Thursday, 09/07/2023 12:22:15 PM

Thursday, September 07, 2023 12:22:15 PM

IMHO, FTD stands for "failure to deliver," which refers to a situation where a seller fails to deliver securities to the buyer within the required time frame. FTDs are not shorts in the OTC market. Short selling involves selling borrowed securities with the expectation of buying them back at a lower price in the future. FTDs, on the other hand, occur when a seller fails to deliver securities they have already sold.

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