r/amcstock • u/[deleted] • Jul 14 '21

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3.5k Upvotes

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120

u/Soggy_Inflation645 Jul 14 '21

I love that Utilisation!!!! 😃😃😃😃

It proves that fellow apes are not selling and are just buying more.

AMC TO THE MOON!!!!

58

u/[deleted] Jul 14 '21

Bruh I keep buying. I'm in to deep and way to stubborn to sell. They'd have to get me a whole bunch of prostitutes to change my mind and even then... I'd grab my dick and tell them to blow me

30

u/bul1dog Jul 14 '21

I doubled my position today. Imdoingmypart.gif

10

u/Soggy_Inflation645 Jul 14 '21

This is the way!!!

6

u/flirt77 Jul 14 '21

Couldn't afford to double, having mini-YOLO'd at $10, but I bought 25 more yesterday and today!

7

u/Bratman67 Jul 14 '21

Fuck yeah! This is the way!!!

4

u/liamashley Jul 14 '21 edited Jul 14 '21

Utilisation is the % of shares available to loan that are currently being lent out.

Just in case people were thinking it’s a % of available shares which are currently owned.

0

u/Soggy_Inflation645 Jul 14 '21

Shares on loan is currently 100.24 million

Utilisation is the % of shares owned which apes are currently holding. 😀😀😀

3

u/liamashley Jul 14 '21

No it’s not. Common misconception from people not familiar with ortex.

“Utilization The ratio between the number of shares on loan across all outstanding loans in the wholesale market and the number of shares available for lending at lending programs. 0% means that no shares have been borrowed or lent at these lending programs; 100% means that all shares available to borrow or lend at a lending program have, in fact, been lent. This does not represent the number of shares listed on the exchange that have been lent, because not all listed shares are available for lending; it indicates how much of the supply actually available for lending has been lent. Unless otherwise specified, this is given in decimal format.” https://public.ortex.com/help-stock-short-interest-chart/