AMC May 17 Timeline

The most important roundup of news for AMC May 17 2021

  1. SEC awards another $32+ million to whistleblowers!
  2. Charles Schwab increases its position in AMC by 102.72% (3,588,724 shares).
  3. AMC’s squeeze score hits 10.00/10.00.
  4. After rising (+$0.97 / +7.47%) for the 7th straight regular session, the stock explodes upward in AH (+$1.55 / 11.11%), partly on the news that Citadel may be starting to crack.  Citadel recently bought 71,458 shares at an average price of $10.22, essentially shorting itself in an effort to deceptively counter the massive losses that it knows it will soon sustain.
  5. The 10-day moving average crossed the 50-day moving average on the 6-month chart.  The last time that happened was January 26/27, when AMC rocketed to nearly $25.00 in pre-market on the 27th and nearly $20 in the regular session.  Am I guaranteeing another massive spike upwards tomorrow?  No, but I’m confident enough to have bought 4,700 more shares today!
  6. Based on the smell emanating from Shitadel’s headquarters today, many hedgies are—indeed—shitting their pants (or shorts; pun intended).  Adam Aron nailed it!

Information and Timeline provided by u/AgedMurcury78 in his amazing Ultimate AMC Timeline document.