One of the apes on /r/superstonk posted some good DD that the growth of reverse repos aren’t about not having enough liquidity, they’re due to a need for quality collateral. This is from the ballooning costs of the massive naked shorting of GME and other meme stocks. It could be an interesting week with GME going on the Russel 1000 which means loads of index funds are gonna buy it
Haven't had a chance to get over to superstonk of late, too busy trying to keep up here.
Was thinking of buying another share in GME, sounds like I had best be quick, or maybe that boat sailed already. Last of the big spenders, it would bring me to a total of 5 rocket tickets :)
One of the apes on /r/superstonk posted some good DD that the growth of reverse repos aren’t about not having enough liquidity, they’re due to a need for quality collateral. This is from the ballooning costs of the massive naked shorting of GME and other meme stocks. It could be an interesting week with GME going on the Russel 1000 which means loads of index funds are gonna buy it
Haven't had a chance to get over to superstonk of late, too busy trying to keep up here.
Was thinking of buying another share in GME, sounds like I had best be quick, or maybe that boat sailed already. Last of the big spenders, it would bring me to a total of 5 rocket tickets :)
Thanks for the heads up :)