Replies to post #13687 on AMC Entertainment Holdings Inc (AMC)

[Razor09]

Open at 5.50 come man...lol

[keepdreaming132]

HedgeFund keeping the price low so all those short borrowing fee means nothing. Thats candy money to them.

Here's an example:
You borrow 100 shares of AMC to short. You hold the shares past 5:30 p.m. ET and sell them the next day. At the end of the day, the stock was valued at $130 per share, making your total short position $13,000 (100 share x $130). Now suppose that the stock is in high demand, so your borrow rate is at 20%.

Your borrow fee for the day would be (20% x $13,000)/365 = $7.12. The borrow rate shown in the borrow rate agreement is an estimate of what the borrow rate for your investment will be.