I have to admit here that I am not at all clear as to exactly how FTD's work and what their purpose is with respect to the PPS fluctuation for any stock, including MCLN. I read something on this board late last week that first introduced to FTD's and explained that it meant Failed To Deliver. I've been to the link but for whatever reason, I am not understanding what I am reading.
Can someone please explain - in layman's terms - FTD's? For example, if MCLN did not have any FTD's, is that good or bad?
Feeling like these FTD's, along with warrants and other share "sales" are continuing to keep this stock from gaining strength and moving on to the next level.
Thanks in advance for the information.
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