The most important roundup of news for AMC May 10 2021

1. Airplane with “$AMC We’re Not Leaving” banner to fly over Citadel building in Chicago for 45 minutes!
2. Borrowing fee rises from 26% to an astonishing 73.2%.  Zero (0) non-ETF shares available to short at market close!  Only 11,220 ETF shares available at close.
3. E*Trade’s margin requirement for AMC is now 800%!  Obviously, E*Trade knows that something big is brewing.
4. SEC awards another $22 million to two whistleblowers (Hey, hedge fund employees . . . are you paying attention?)
5. Fintel “Short Squeeze Score” rises to 85.86
6. SR-ICC-2021-005 approved very quickly!  Hmmm, I wonder why.

This rule helps to mitigate economic damage resulting from member defaults (e.g., margin calls against—and forced liquidations of—hedge funds that are shorting AMC).