AMC May 21 Timeline

The most important roundup of news for AMC May 21 2021

  1. In the “Battle for $12.01,” apes emerged victorious!  The PPS closed at $12.09.  A total of 93,388 calls expired ITM.  

APISH:  Every Friday, options contracts expire.  Contracts are sold at .50¢ increments (for example, $12.00, $12.50, $13.00, $13.50, etc.).  By winning again today, apes forced the hedge scum to buy back another 93,388 call options contracts that expired ITM (“In the Money”) over $12.00.  Each contract holds 100 shares.  So, at some point, hedge funds must purchase 9,338,800 additional shares on top of the hundreds of millions of shares for which they are already on-the-hook.  The longer they put off buying (i.e., “covering”):

  • the more daily interest HFs must pay;
  • the more vulnerable HFs become . . . and apes know it;
  • the more the price per share goes up;
  • the more contracts expire ITM each week, which compounds HFs’ debt and digs their hole deeper;
  • the more FOMO takes hold, bringing countless new investors aboard;
  • the bigger the percentage of the float that apes will increasingly own because APES . . . KEEP . . . BUYING.  Keep in mind that before Wanda sold, Adam Aron confirmed during the recent earnings call that apes owned at least 80% of the float.  Now, due to Wanda selling 30,000,000 more shares between May 13 and May 18, I would assume that apes bought at least half of them.  Therefore, apes likely now own approximately 85% of the known float. Let’s not even get into the potentially BILLIONS of synthetic shares that may be revealed on or shortly after June 2 . . . .
  1. According to the “606 reports” for the fourth quarter of 2020, Citadel was a top source of payment-for-order-flow (giving a cash rebate for trade orders directed to it) for each of the following 9 brokers:
  • Robinhood
  • E-Trade
  • TD Ameritrade
  • Charles Schwab
  • WeBull
  • Ally Invest Securities
  • First Trade
  • TradeStation
  • Fidelity Brokerage Services (directed stock and option orders to Citadel, but only received payment-for-order-flow on the option orders)
  1. Yes, according to, what the hedge funds are doing is blatantly illegal.

Market manipulation occurs when an entity artificially affects the supply or demand for a security (for example, causing stock prices to rise or fall dramatically).  Market manipulation may involve techniques including:

  • Spreading false or misleading information about a company;
  • Engaging in a series of transactions to make a security appear more actively traded;
  • Rigging quotes, prices, or trades to make it look like there is more or less demand for a security than is the case.
  1. Apes, please buy AMC gift cards for all birthdays, work celebrations, party favors, holidays, etc.  Spread joy, increase AMC’s share price, and potentially recruit new apes to invest all at the same time!  Buying directly from AMC is best because AMC gets the biggest cut that way, but you can also buy AMC gift cards at grocery stores, Costco, and from Amazon.
  2. Short interest is 50%–150% more than what is reported to the SEC!
  3. AMC received a “100% Buy” rating from
  4. Rich Greenfield is potentially part of the SEC’s lawsuit against BTIG for committing order execution violations.  The lawsuit supposedly involves naked shorting, as well.  Rich was BTIG’s “Managing Director, TMT Analyst, and co-creator of the BTIG Research blog” from March 2010–July 2019 (which covers the timeframe of the lawsuit).
  5. GREAT NEWS:  Wanda has left the building!

We already knew that Wanda sold 21,000,000 shares in March, significantly contributing to tanking the price per share $5.61 (from $14.54 to $8.93) in the 4 trading days from March 18 to March 24.

Today, Wanda revealed that it sold 99.97% of its remaining 30,000,000 shares between May 13 and May 18.  “The shares were all sold through normal open market trading to a widely dispersed array of buyers [i.e., apes] on the New York Stock Exchange.”  What does this mean?  Glad you asked!  I have a multi-pronged answer:

  • This time, the price dropped only $2.58 (from $14.67 to the current price of $12.09), proving—beyond a shadow of a doubt—that AMC is strong and resilient.  In terms of its resistance to large sell-offs, AMC is at least 54% stronger and more resilient than it was just 2 months ago!  In fact, when you consider that Wanda sold 30% more shares last week than it did in March, AMC is roughly 75% stronger and more resilient than it was only 60 days ago!  WOW!
  • Wanda—technically, the world’s biggest “paper-handed bitch”—can no longer hurt AMC by selling millions of shares every time the PPS hits the $14.00–$14.50 range.  They did it in March and they did it again last week.  If Wanda truly ever cared about apes, Wanda would have sold ON THE WAY DOWN, not pre-$15 in both March and May.  Fortunately, Wanda has no more firepower!  They’re done!  Their anchor has been lifted.  The next time AMC hits $14.00, y’all better have your space suits ready!
  • AMC has now completely shed any controlling and/or “influential” interest from Communist China.  Wanda now owns only 10,000 shares.
  • Apes will eventually buy all of Wanda’s shares, if they haven’t done so already! The paid hedge fund hacks want to convince apes that Wanda’s departure doesn’t matter; it’s “old news” of no consequence.  Wrong.  Yes, we already knew that Wanda planned to sell, but we had absolutely no idea when or for how much. That uncertainty was not only a source of FUD, but it also held down the share price with its “$14 sell wall” and prevented new money from pouring into AMC.  Problem solved!
  • Now, we can all calmly, peacefully ignore the FUD from hedge fund cronies.  They’ve cried wolf a million times about how AMC is in a “dire” position, but apes now know with 100% certainty that dire wolves are literally extinct.  There will soon be no “wolves of wall street” left, either.  Apes are now the top predators on Wall Street!  The spring is loaded.  I BUY.  I HODL.  I WIN.

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