Baffling thing about DRS numbers
This is the thing that baffles me. What we know is the DRS number on the quarterly reports was suddenly changed from the Computershare number to the Cede number. What we believe is that this was done due to pressure from the SEC. What would happen if a shareholder vote went through to publish both n...
XPost due to me being new
How about when Gamestop announces thate Cede & Co has no more shares remaining?
The only way this can crash is if we can prove there aren't any more shares. When all shares are accountable outside the DTCC it's over, no matter what.
It wouldn't really do a lot of damage. If they had enough of a treasure chest to do damage by cash dividend, they could do better by just buying their own shares on the market and DRSing them. Normally share buybacks work worse, but with the DRS level this high, it wouldn't take too many buys to push it over 100%.
Long time GME lurker; first time poster
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I've been watching since the sneeze was on the rise.
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I have DRSed most of my GME and most of everything else after a certain broker tried something stupid.
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How long before we get a new DRS tracker? The Reddit API change broke stuff. Feels like a good thing we're moving out of Reddit for that reason.
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Good idea to post my long-DRSed stock count or not? By now it's been in the quarterly reports.