Why is Stonk-O-Tracker AMC regarded as an advantageous investor resource?
The website program Stonk-O-Tracker AMC was developed by an unknown developer who claims to “just like the stocks.” So-called “meme-stock” investors have shown a lot of interest in it on Reddit, Twitter, and YouTube. One of them described the tracker as “a fun website, built for apes, by great apes,” among other things. The interface’s fairly straightforward design displays AMC, GME, and BBBY data.
Stonk-O-Tracker AMC
Let’s examine the various statistics that Stonk-O-Tracker provides using AMC as a guide. The website’s orange bar is the first thing you’ll notice. “Stonk time in 7 hours 19 minutes and 54 seconds,” it says. Because it’s a countdown to the New York Stock Exchange’s opening, it’s easy to understand. You will also notice that a heading with the price $12.78 is located immediately below that bar on the left. The AMC stock was trading at that price when the New York Stock Exchange ceased trading.
The term “alternative uptick rule” or “short sale restriction” is also abbreviated as “SSR.” Short sales are prohibited under this rule when a stock has fallen 10% or more from the previous trading day. This prevents further short-selling of stocks. The SSR is set at $11.50 in this instance, which is $1.10 lower than AMC’s $12.78 NYSE closing price.
Frankfurt Stock Trade
The heading “FRA” on Stonk-O-Tracker AMC shows the cost of AMC shares on the Frankfurt Stock Trade. The super securities exchange in Europe is the FRA, and the cost showed there is in euros.
There is a component on Stonk-O-Tracker called “Calls ITM Lapsing.” This segment shows the quantity of call choices on the AMC stock. These are “In The Cash” and terminate on a particular date. A financial backer can buy portions of stock at a foreordained cost on a particular date. He can buy the stock utilizing a call choice, likewise alluded to as a call. If, on that day, the cost is not exactly the genuine expense of procurement, the proprietor can stash the distinction.
For example, the Stonk-O-Tracker AMC shows that 5,445 calls are lapsing on July 8 at $13 and are “in the cash.” Consider somebody getting one call choice on the AMC stock for $20 to perceive how this really functions. The call choice is valued at $5 assuming that the value of AMC’s stock is $25 the day leading up to when it terminates. The purchaser can then utilize the call choice to buy the AMC share for $20. From that point onward, they can sell it for $25.
Availability Of Shares To Borrow
The Stonk O Tracker AMC displays investors from AMC, GME, and BBBY regarding the availability of shares to borrow. It tells short sellers how many shares of each company they can borrow. These short sellers are out to get shares on loan from a broker. After waiting for the price to fall, they sell the shares back to the broker and keep the profit. The amount of shares that can be borrowed decreases when a stock is heavily shorted.
At the time of publication, 400,000 AMC shares were available for borrowing. However, pay attention to what the creator of Stonk-O-Tracker said. He stated that Interactive Brokers delivers a large quantity of the available shares for borrowing. It simply displays the number of shares that can be borrowed from them. However, it might not be representative of every share that can be borrowed. It only gives a good overview.
The Tits-Up-Tracker
The humorously named “Tits-Up-Tracker” is a recent addition to the Stonk-O-Tracker. A tab in the upper right corner will take you there. The “US Daily Treasury Statement” and the “Reverse Repurchase Agreements” are the two measures that the “Tits-Up-Tracker” keeps track of. The Reverse Repurchase Agreement metric displays the usage of the Overnight Reverse Repurchase Facility of the Federal Reserve Bank of New York. This allows it to remove surplus cash from the system. This can happen by lending out securities it owns on its balance sheet. This can be done before buying it back the next day.
The developer of Stonk-O-Tracker AMC claims he draws information for the web tool from the following sources:
• The SEC
• Yahoo Finance
• Shortvolumes.com
• Interactive brokers
• Market Chameleon
• etfdb.com
• Finra
•                   ComputerShared.net
Final Words
Stonk-O-Tracker AMC’s inventor claims that the website is not necessary for profit. To help with operating expenses, he solicits donations. To make donations, you can use your PayPal account. It is happening with the assurance that all donations in excess of operating expenses “will go to a charity.” Shareholders can lock up their GME, AMC, and BBBY shares via the Direct Registration System without a brokerage firm. Many shareholders are making this effort so that short sellers cannot access the shares. Market makers will find it much more challenging to lower the prices of GME, AMC, and BBBY stocks. This happens if enough investors employ DRS.
