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Started By
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Reverse Repo, another day, another record; $2,140.277 Billion
Posted on 6/8/22 at 1:23 pm
Posted on 6/8/22 at 1:23 pm
Source:
https://www.reddit.com/r/Superstonk/comments/v7uuax/daily_reverse_repo_update_0608_2140277b_buy_hodl/
What is a Reverse Repo?
https://www.tigerdroppings.com/rant/display.aspx?sp=102617160&s=1&p=102617160
Graph when it was still less than a half Trillion... not so long ago...
What mean:
Is this a bad omen? What does your gut tell you?
8
Posted on 6/8/22 at 1:26 pm to GhostOfFreedom
Explain this to me like I’m joe Biden
Posted on 6/8/22 at 1:27 pm to GhostOfFreedom
Here is a chart that includes 2008.
Posted on 6/8/22 at 1:29 pm to roguetiger15
quote:
Explain this to me like I’m joe Biden
Impossible!!!!
Seriously though, read the link about what is a reverse repo. It is good and it has fellow tiger dropping comments.
https://www.tigerdroppings.com/rant/politics/reverse-repo---great-explanation/102617160/
Posted on 6/8/22 at 1:29 pm to GhostOfFreedom
I've read that explanations like 20 times, and it has a menacing explanation, but something doesn't click. Can someone explain this to me with the lemonade stand analogy?
Posted on 6/8/22 at 1:30 pm to GhostOfFreedom
Should I stock up on food or skip to ammo ? Or both? Will money have any use?
Posted on 6/8/22 at 1:32 pm to Gifman
quote:
Should I stock up on food or skip to ammo
You’ll need the ammo to keep the food.
Follow me for more tips…..
Posted on 6/8/22 at 1:35 pm to WhiskeyThrottle
The lemonade stand explanation without predictions of apocalypses is that banks have too much money. They are parking it each night with the Fed to "protect it". The fed actually gives them a reward (Quantitative Easing by another name?). A year ago, the banks had to pay for this service.
The more reasonable explanation is gird your loin cloths and run.
The more reasonable explanation is gird your loin cloths and run.
This post was edited on 6/8/22 at 1:36 pm
Posted on 6/8/22 at 1:37 pm to MusclesofBrussels
quote:
MusclesofBrussels
You are being a fool again? What is funny about this?
Posted on 6/8/22 at 1:39 pm to WhiskeyThrottle
quote:
I've read that explanations like 20 times, and it has a menacing explanation, but something doesn't click. Can someone explain this to me with the lemonade stand analogy?
OP is part of a fringe, online conspiracy theory group on reddit that believes that the entire US economy is going to collapse while Gamestop stock shoots to a share price over $1 million a share (which would eclipse the entirety of the total US stock market).
They do creepy shite like keep a shared document with links to social media profiles of everyone who updates their linkedin to working at Gamestop. They are literally tracking people like low level financial analysts or social media marketers. They harass people who work at hedge funds or consulting companies on linkedin also, forcing low level people in IT etc to have to deactivate linkedin.
It's all incredibly pathetic and toxic. In short, don't take anything this person says seriously. They are deluded.
Posted on 6/8/22 at 1:47 pm to roguetiger15
quote:
Explain this to me like I’m joe Biden
The current trajectory is simply unsustainable. At some point gravity will take over and it will not be a soft landing for the vast majority of us.
Posted on 6/8/22 at 1:50 pm to MusclesofBrussels
quote:
They are deluded.
The truly deluded are those who genuinely believe that it is possible for a nation to print it’s way to prosperity.
Posted on 6/8/22 at 1:50 pm to GhostOfFreedom
They are paid by the fed to keep the money out of the market and other risk assets. Basically a tool the fed uses to suppress the stock and other markets. Banks continue to get paid while the public and everyone with a 401K are somewhat f&*Ked..
Posted on 6/8/22 at 1:51 pm to MusclesofBrussels
I am not part of any group. I do have $GME stock and I do believe it is a great value and the price is very wrong. Artificially wrong via naked shorting, spoofing, ladder attacks, media coordination attacks (this one we have all seen with attacks on Trump and conservatives).
I don't believe the stock will go to 1 million per share. Many on the superstonk, GMEJungle, and GME sites do. I am more realistic that it will go to a few thousand. Anything more is gravy.
I think with the soon to be released marketplace, the stock is a 2k+ value without a squeeze just due to the small number of outstanding shares, the loyal retail (12.7 million shares now directly registered via ComputerShare) and the great leadership they have built.
Here is the marketplace that will be released any day this quarter;
https://nft.gamestop.com/
Here is the easiest way for you to get real shares that you actually own;
https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=t
Those are shares that are in your name and not being loaned out by brokers. However, you can quickly buy shares with Fidelity, TDAmeritrade and others, then request they DRS the share to ComputerShare and then hold on for the ride of your life.
I don't believe the stock will go to 1 million per share. Many on the superstonk, GMEJungle, and GME sites do. I am more realistic that it will go to a few thousand. Anything more is gravy.
I think with the soon to be released marketplace, the stock is a 2k+ value without a squeeze just due to the small number of outstanding shares, the loyal retail (12.7 million shares now directly registered via ComputerShare) and the great leadership they have built.
Here is the marketplace that will be released any day this quarter;
https://nft.gamestop.com/
Here is the easiest way for you to get real shares that you actually own;
https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=t
Those are shares that are in your name and not being loaned out by brokers. However, you can quickly buy shares with Fidelity, TDAmeritrade and others, then request they DRS the share to ComputerShare and then hold on for the ride of your life.
This post was edited on 6/8/22 at 2:07 pm
Posted on 6/8/22 at 1:52 pm to MusclesofBrussels
A million dollars a share?
Damn thanks for the tip, I was going to sell at $500.
Damn thanks for the tip, I was going to sell at $500.
Posted on 6/8/22 at 2:03 pm to GhostOfFreedom
Lol, lets take a failing business, in a failing sector, and turn it into an NFT company.
Posted on 6/8/22 at 2:05 pm to j1897
quote:
Lol, lets take a failing business, in a failing sector, and turn it into an NFT company.
You won't be laughing, if you don't jump on board. Whether you understand it or not.
* Not financial advice.
edit: btw, did you check the partner link on the nft.gamestop.com site? This is going to be groundbreaking.
This post was edited on 6/8/22 at 2:06 pm
Posted on 6/8/22 at 2:10 pm to GhostOfFreedom
I read your explanation. Very good and easy for a baby chimp like me to understand.
I only have one question:
If an accounting firm or CPA tried to do this with a private companies profit / loss statements, what would our government think about that?
I only have one question:
If an accounting firm or CPA tried to do this with a private companies profit / loss statements, what would our government think about that?
Posted on 6/8/22 at 2:23 pm to Bearcat90
quote:
If an accounting firm or CPA tried to do this with a private companies profit / loss statements, what would our government think about that?
It depends if you help the Democrats out or not.
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