The Daily Stonk Aug 23, 2021
============================

| Author       | Source       | 
| :-------------: |:-------------:|
|  [u/Blazlyn](https://www.reddit.com/user/Blazlyn/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/p9x9jo/the_daily_stonk_aug_23_2021/) | 

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[HODL 💎🙌](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22HODL%20%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=1)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/jkew9ah343j71.png?width=1600&format=png&auto=webp&s=affdecc71c1542ef5a6a1deb2440209da6cb6deb)](https://preview.redd.it/jkew9ah343j71.png?width=1600&format=png&auto=webp&s=affdecc71c1542ef5a6a1deb2440209da6cb6deb)

[Gooooooood Moooooorning Superstonk!](https://www.youtube.com/watch?v=AwSra5p8MDw)

It is a wonderful day to be up and in the jungle!

Just a heads up Friday will have a very short post. Get up, do 5 pull pull ups (assisted is a okay), and grab a coffee it is time for a weekend recap!

[Reverse Repo Coming Up All 1s!](https://www.reddit.com/r/Superstonk/comments/p89mu0/daily_reverse_repo_update_0820_1111905b/?utm_medium=android_app&utm_source=share)

Still just sitting there....

In the event my goldfish brain forget here is [Reverse Repo explained](https://www.reddit.com/r/Superstonk/comments/owwk1p/the_rrp_number_is_incredible_but_what_does_it/h7iv86i/?context=3) in a way even I can understand.

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/rk2cdvb243j71.png?width=700&format=png&auto=webp&s=4a276dac476a0f80da07959a9a60e0ae99633d92)](https://preview.redd.it/rk2cdvb243j71.png?width=700&format=png&auto=webp&s=4a276dac476a0f80da07959a9a60e0ae99633d92)

[Treasury is at $321B](https://old.reddit.com/r/Superstonk/comments/p8cvs9/daily_treasury_balance_for_0819_321b_8b/)

Down, down, down it goes! Gently down the drain!

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/l6e34ce643j71.png?width=1024&format=png&auto=webp&s=dbb6866244523510a64cbc28f533b9bf71aabc28)](https://preview.redd.it/l6e34ce643j71.png?width=1024&format=png&auto=webp&s=dbb6866244523510a64cbc28f533b9bf71aabc28)

[Tick tock on the way to $0](https://www.reddit.com/r/Superstonk/comments/p5potn/treasury_balance_prediction_new_linear_bankruptcy/)

This doesn't necessarily mean a [real balance of $0](https://www.reddit.com/r/Superstonk/comments/p5sv1z/correction_the_us_treasury_is_not_running_out_of/?utm_medium=android_app&utm_source=share); it does act as a reliable indicator. Especially if it doesn't last to Q4.

[Low Volume of 1.07 Million](https://www.reddit.com/r/Superstonk/comments/p7msbt/i_cant_hear_you_closed_with_119_mil_volume_a_top/)

[u/edgar510](https://www.reddit.com/u/edgar510/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/cxwhl4xa43j71.jpg?width=803&format=pjpg&auto=webp&s=a14995c2ace583aead68532ce34e72ea24768908)](https://preview.redd.it/cxwhl4xa43j71.jpg?width=803&format=pjpg&auto=webp&s=a14995c2ace583aead68532ce34e72ea24768908)

[Route Through IEX](https://www.youtube.com/watch?v=SLNySV4OQfk)

Seriously. Do it.

[A Game As Old As Time](https://www.reddit.com/r/Superstonk/comments/p8rlj7/a_diamond_mining_company_from_over_a_decade_ago/)

Looks as if this game has been used for decades. A mining company had a similar (and by that it is nearly identical) event happen. Looks like they had damages paid out and the SEC was actually ahead of the ball here.

[Soybeans: So Hot Right Now](https://www.reddit.com/r/Superstonk/comments/p9mvoc/we_were_looking_at_the_wrong_indicators_imminent/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/ly51dkeu63j71.jpg?width=2373&format=pjpg&auto=webp&s=2f4b44660c236c960f0a8fbfb3ca91b400be4264)](https://preview.redd.it/ly51dkeu63j71.jpg?width=2373&format=pjpg&auto=webp&s=2f4b44660c236c960f0a8fbfb3ca91b400be4264)

Looks like it spikes before each crash! Also take a look at that lil jump and dump in 2020. Doesn't that coincide with all the Tesla shorts? IIRC there was a lot of posts about this time last year on the birthplace of the apes about soy and everything being the way to catch up to a certain car stock....

[7 Years of Data and Spikes](https://www.reddit.com/r/Superstonk/comments/p9ma8x/tens_of_millions_of_worthless_otm_puts_were/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/25g1szl053j71.png?width=1692&format=png&auto=webp&s=3d6958b4bf03b206a7b00e9811582fd15af95818)](https://preview.redd.it/25g1szl053j71.png?width=1692&format=png&auto=webp&s=3d6958b4bf03b206a7b00e9811582fd15af95818)

Today's Puts

Give this a read. IT shows some pretty consistent behavior over the last 7 years. There are a lot of pretty pictures too for the illiterate apes. I only know enough to be able to type and post pictures.

[Pareto Distributions](https://www.reddit.com/r/Superstonk/comments/p9mrqn/maths_intuition_the_pareto_distribution_why_i/)

Not just a fancy way to find what costs to cut! Seriously pretty much everything follows these curves. Give it a read and remember:

WE OWN THE FLOAT (AND GAMESTOP).

[Billionaire Boy's Club](https://www.reddit.com/r/Superstonk/comments/p7nl7y/billionaire_boys_clib_episode_11_bbc_billionaire/)

BUY BORROW DIE

[Banks Are Not Playing With The PPP](https://www.reddit.com/r/Superstonk/comments/p9k0b1/banks_are_opting_out_of_ppp_loan_forgiveness/)

Bank of America, JPMorgan Chase, and PNC have all decided to opt out of a new process for getting Paycheck Protection Program loans forgiven directly by the Small Business Administration.

[Mr. Gherkinit's TA for 8/23-8/27](https://www.reddit.com/r/Superstonk/comments/p9kr1g/jerkin_it_with_gherkinit_forward_looking_ta_for/)

[Criand Explains: The SHF Loop](https://www.reddit.com/r/Superstonk/comments/p9wji6/ucriand_recently_explained_why_and_how_the_shfs/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/xewtavf763j71.jpg?width=640&format=pjpg&auto=webp&s=a61f68514dcc8f80edeb7a5ac3fbd8f746a8334d)](https://preview.redd.it/xewtavf763j71.jpg?width=640&format=pjpg&auto=webp&s=a61f68514dcc8f80edeb7a5ac3fbd8f746a8334d)

[Financial Hot Potato](https://www.reddit.com/r/Superstonk/comments/p73nx2/they_see_me_accountin_they_hating_a_look_into/)

Citadel sets it own terms for transactions between different broker dealer businesses they operate. They use reverse repurchase and repurchase agreement and use securities received to cover short position. Terms of those agreements between the affiliated parties might be of material difference. I haven't seen much attention given to this topic but the financial statements seem to point in that direction. Remember interns and any any employee reading this: [YOU CAN MAKE MILLIONS TO REPORT THINGS TO THE SEC.](https://www.sec.gov/news/press-release/2021-128)

[When in Doubt ZOOM OUT](https://www.reddit.com/r/Superstonk/comments/p7xy7z/that_1_year_chart_tells_a_story_of_success_be/)

Memes and Fluff:

[u/mrfinishline](https://www.reddit.com/u/mrfinishline/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/jwl00iwy53j71.jpg?width=640&format=pjpg&auto=webp&s=795432c70d1edf71eb0308f0d418bc006939c448)](https://preview.redd.it/jwl00iwy53j71.jpg?width=640&format=pjpg&auto=webp&s=795432c70d1edf71eb0308f0d418bc006939c448)

[u/unholyxwater](https://www.reddit.com/u/unholyxwater/)

<https://www.reddit.com/r/Superstonk/comments/p9i3eu/stone_cohen_walking_into_the_office_monday/>

[u/zalmolxis91](https://www.reddit.com/u/zalmolxis91/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/iexyidml63j71.jpg?width=540&format=pjpg&auto=webp&s=ef9e61faa141ec74cb72c29fdc3ddd054a201c4d)](https://preview.redd.it/iexyidml63j71.jpg?width=540&format=pjpg&auto=webp&s=ef9e61faa141ec74cb72c29fdc3ddd054a201c4d)

[u/scholar_erasmus](https://www.reddit.com/u/scholar_erasmus/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/lrewr41973j71.png?width=640&format=png&auto=webp&s=869fac66f99ce3c85b6ccdb29ffd25aefd03b7f2)](https://preview.redd.it/lrewr41973j71.png?width=640&format=png&auto=webp&s=869fac66f99ce3c85b6ccdb29ffd25aefd03b7f2)

[u/milkdud2000](https://www.reddit.com/u/milkdud2000/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/w8s8nkkd73j71.jpg?width=623&format=pjpg&auto=webp&s=db2817694674d11d202a09fbf84c979e5af0fa9e)](https://preview.redd.it/w8s8nkkd73j71.jpg?width=623&format=pjpg&auto=webp&s=db2817694674d11d202a09fbf84c979e5af0fa9e)

[u/xEmpiire](https://www.reddit.com/u/xEmpiire/) got blocked by SC himself. For this: <https://imgur.com/a/vaILkL2>

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/a8306g7j73j71.jpg?width=640&format=pjpg&auto=webp&s=2160bf214f3c89296a0cdd0438fb75339454ac3c)](https://preview.redd.it/a8306g7j73j71.jpg?width=640&format=pjpg&auto=webp&s=2160bf214f3c89296a0cdd0438fb75339454ac3c)

[u/mr_cockswing](https://www.reddit.com/u/mr_cockswing/)

[![r/Superstonk - The Daily Stonk Aug 23, 2021](https://preview.redd.it/yc4eapgr73j71.jpg?width=960&format=pjpg&auto=webp&s=cdce4bbd7c805bd9a6d00462f656fafccd2141a2)](https://preview.redd.it/yc4eapgr73j71.jpg?width=960&format=pjpg&auto=webp&s=cdce4bbd7c805bd9a6d00462f656fafccd2141a2)

AMA: You Asked, Mods Listened! References and Links!

<https://www.reddit.com/r/Superstonk/comments/p74oc9/ama_navigation_links_dr_robert_j_shapiro_lucy/>

[EXCELLENT!](https://giphy.com/gifs/ifc-80s-bill-and-ted-excellet-l46CDHTqbmnGZyxKo)

We don't care, just be nice and let's make this community as Excellent as we can!

A few wrinkled-brained apes for quick post history access:

[u/mr_boost](https://www.reddit.com/u/mr_boost/) (Ape News Network | Sign Guy)

[u/Parsnip](https://www.reddit.com/u/Parsnip/) (German Market Guy | Diamantenhände)

[u/gherkinit](https://www.reddit.com/u/gherkinit/) (Daily Technical Analysis)

[u/DR7KE](https://www.reddit.com/u/DR7KE/) (scales Treasury Balance Guy scales)

[u/pctracer](https://www.reddit.com/u/pctracer/) (Reverse Repo Market Updater)

[u/JTH1](https://www.reddit.com/u/JTH1/) (Floor Guy Stonkdate)

[u/DeepFuckingValue](https://www.reddit.com/u/DeepFuckingValue/) (dont need to explain)

[u/atobitt](https://www.reddit.com/u/atobitt/) (DD)

[u/Criand](https://www.reddit.com/u/Criand/) (DD)

[u/Dismal-Jellyfish](https://www.reddit.com/u/Dismal-Jellyfish/)

[u/peruvian_bull](https://www.reddit.com/u/peruvian_bull/) (DD addict)

Thank you to the mod team!! Thank you to YOU ALL BEAUTIFUL APES!

Remember not to to give your password or log in information to anyone. If it seems suspicious don't do it! Phishing attacks have become more common across all platforms.

As always we are here from all different walks of life and all different countries. This doesn't matter as we are all apes in here, and apes are friends. We help each other, we care for each other. Ape don't fight ape, apes help other apes!

Remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals. BUY and HODL.

Okay that is all for now smell ya later!
