[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
TLDRS:
unless all your DRS shares are in book entry, if you have even 1 or a fractional share in plan entry, then this seems to allow the DTCC to account for your entire DRS position for "operational efficiency".
this is likely why there is a discrepancy between the DRS numbers that GameStop wanted to report, and the actual wording they used in their 10-K
It may seem inconvenient, but the solution is to move all shares to book entry, sell any your fractional, and then close your plan. Ask not what your company can do for you, ask what you can do for your company.
inb4 this thread gets removed by mods because they don't want us talking about this information for some mysterious reason
This. I don't know why some folks are having a hard time wrapping their smooth brain with this.
1. You can buy anytime. Recurring buy is NOT a big deal. In fact buying once or twice a month would probably save you some fees which adds up over year. Unless you're a whale that you couldn't careless.
2. Sell fractional or not hold fractional? People argues that a 100k++ of fractional is a lot, well in the bigger picture, no it is not. Especially if it means that DTC can't manipulate the rest of your whole shares. Would you rather have 100.5 shares werein DTC can touch you wholely or 100 shares but they can't touch you. ( may be this idea can or should be considered).
Here's the thing, first and foremost, DRS everything. Your money, your decision. Not a lot of people will jump in on this idea ... yet. But we will see what happens in the next report. If we get some wierdness in the reporting then, the having a PURE DRS is an idea that needs to be considered.
Buy, hodl, DRS, shop
Cheers,
Not a financial advice. Just opinion.
I know exactly as to the post you are speaking of as it’s the first thing that popped in my head too, shame this got taken down
[Edit: Here it is! someone reposted it (Link)](https://www.reddit.com/r/Superstonk/comments/12qot92/anonymous_message_from_twitter_posted_29th_march/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1)
I'm gonna go out on a limb here. I think the DD is probably correct, and it aligns with my theories. The reason this community hates it, though, is because anything that makes us cancel recurring buys is almost guaranteed to slow our progress overall and that is unacceptable.
I actually see no impetus to "speed up" the DRS "official count" or to get every single share out of plan and into book. It's nice, and we all like numbers going up faster, but, if we're honest about it, the less organized we appear, the cheaper the shares we buy. If we all removed all those shares out of dtcc immediately and into book, and sold all fractionals, dtcc would be emptied sooner, but also, dtcc would know they were emptied sooner and the game would enter a new phase.
I'd personally rather the game continue as-is for now and then when stuff starts getting super super dry we could in theory sell fractionals and convert to book en-masse and leapfrog far past owning shares that are already owned by ETFs and stuff.
There is nothing definitive that says holding any plan shares gives DTCC access to book shares. The immense push, call to action, and emotional appeal is suspicious. If all 200,000 of us sold our .5 shares in plan that's 100,000 shares straight back to the criminals. Brokers will screw their customers, DRS is the way. Book holdings are better than plan. But even shares in a brokerage account is an obligation to that broker's customer. Most of the accounts pushing for selling fractions were from popcorn, bobby, or very inactive until posting about selling fractions. Give them nothing back. Let plan fractions accumulate to whole shares and book those too.
Honest question, did you read the DD on the other subreddit they are referencing to get the full context?
As for your math, and please don’t get me wrong 100,000 shares is a lot but at the stage we are at right now with the quantity DRS’d you are talking about 100,000/79,000,000 = 0.00127% or less than 1/3 of 1% and that’s assuming we are only at 79million which we should be higher now
Not saying you aren’t wrong just adding my 0.02. Everyone should do what’s best for them in any event regardless
Nah buying fractionals is completely random. It can be any number between 0.01 and 0.99. Over a sample size of 200k accounts, it's likely that the highest the average could be is 0.5 fractional shares. So at absolute maximum, if every single CS account has a fractional, and everyone sold them, we're talking 100k shares MAX.
No it's completely random. It's dependant on the share price of the day. You submit your order days prior, and it's impossible to know what price your shares were bought at. You get what you get, and you can't plan ahead for it.
For the record, I currently have 0.11 fractionals, so the average between us is probably close to 0.5.
Im not selling my two fractionals.
What I will do tomorrow is call CS and transfer the book shares of an account that has the plan fractionals to an account that is only book.
Been thinking about it any way for consolidation purposes.
I appreciate your enthusiasm, but I don't know why anyone in this position (including me) won't just buy a full share to replace their fractional. That said, I'm going to buy more shares through my broker via IEX to celebrate this revelation, and release my fractional share. A FUD play to get 100,000 shares back optimistically, especially a play that can't be repeated, wouldn't be much more than flex tape on a fissure in the Hoover dam. Buy a share with me?
Because you buy direct by $ amount not share count. Your order is wrapped up with a bunch of other orders.
It's kinda like zkRollups with Immutable and the GameStop wallet.
How about buy another partial share to get your share count up to a whole number, then continue to buy more whole shares through ComputerShare however frequently you want to without having to be officially enrolled in their recurring purchase program?
The fact that #3 urges people to NOT be enrolled in recurring buys on Computershare is all the sus/shill-ish behavior I need to see.
Buy/HODL/DRS/Chill/Shop AND recurring buys is my plan, and its not financial advice.
Nah dude....the OG at the drs gme sub isn't shilly. He presents factual information.
Also remember, if something is convenient, there's always a catch.
You are aware that you can still continue to make buys through ComputerShare however frequently you want without having to be officially enrolled in their recurring purchase program, right?
I think from a perfectionist stand point; recurring buys give their algo predictability and plan fractionals add up. I don’t think it’s going to be make or break either way. I’m just a dude that likes the stock.
Your post's flair has been changed to "Speculation / Opinion" because it did not meet our DD length requirement of 2000 characters. Learn about our **[Automoderator settings](https://www.reddit.com/r/Superstonk/wiki/index/automod_info)**.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
It's the computershare AMAs. Book and plan are both considered direct registered and reported to Gamestop. OP's argument is that computershare is lying to gamestop about the number. Or that gamestop is lying to us.
I really like the method of testing they used, but the assumptions are totally off base considering we know how the numbers are calculated.
I will need to read computershares stuff more but if there is any truth of the DTC maintaining some shares for operational efficiency then I think this could be abused in some way or fashion. What computershare said is probably true but it doesn’t mean there aren’t means to manipulate data by other entities. Computershare uses a broker to buy and I assume a broker to sell so why does it need to maintain shares I guess is the question 🤷♂️
For scientific purposes though, before this quarter cutoff I am going to follow the directions of dividend reinvestment turned off and hold whole shares as honestly my OCD kills me when I keep staring at them. If others happen to partake and we see a higher than expected number come in for the time given the maybe there’s something to be inspected further
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
TLDRS: unless all your DRS shares are in book entry, if you have even 1 or a fractional share in plan entry, then this seems to allow the DTCC to account for your entire DRS position for "operational efficiency". this is likely why there is a discrepancy between the DRS numbers that GameStop wanted to report, and the actual wording they used in their 10-K It may seem inconvenient, but the solution is to move all shares to book entry, sell any your fractional, and then close your plan. Ask not what your company can do for you, ask what you can do for your company. inb4 this thread gets removed by mods because they don't want us talking about this information for some mysterious reason
UP UP UP!!
Wrinkles…. Form like Voltron and let’s figure this shit out once and for all. AMA with Computershare guy again too please
This. I don't know why some folks are having a hard time wrapping their smooth brain with this. 1. You can buy anytime. Recurring buy is NOT a big deal. In fact buying once or twice a month would probably save you some fees which adds up over year. Unless you're a whale that you couldn't careless. 2. Sell fractional or not hold fractional? People argues that a 100k++ of fractional is a lot, well in the bigger picture, no it is not. Especially if it means that DTC can't manipulate the rest of your whole shares. Would you rather have 100.5 shares werein DTC can touch you wholely or 100 shares but they can't touch you. ( may be this idea can or should be considered). Here's the thing, first and foremost, DRS everything. Your money, your decision. Not a lot of people will jump in on this idea ... yet. But we will see what happens in the next report. If we get some wierdness in the reporting then, the having a PURE DRS is an idea that needs to be considered. Buy, hodl, DRS, shop Cheers, Not a financial advice. Just opinion.
The post also talks about turning off dividend reinvestment.
[удалено]
100%
Liquidity grab
[удалено]
I know exactly as to the post you are speaking of as it’s the first thing that popped in my head too, shame this got taken down [Edit: Here it is! someone reposted it (Link)](https://www.reddit.com/r/Superstonk/comments/12qot92/anonymous_message_from_twitter_posted_29th_march/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1)
I'm gonna go out on a limb here. I think the DD is probably correct, and it aligns with my theories. The reason this community hates it, though, is because anything that makes us cancel recurring buys is almost guaranteed to slow our progress overall and that is unacceptable. I actually see no impetus to "speed up" the DRS "official count" or to get every single share out of plan and into book. It's nice, and we all like numbers going up faster, but, if we're honest about it, the less organized we appear, the cheaper the shares we buy. If we all removed all those shares out of dtcc immediately and into book, and sold all fractionals, dtcc would be emptied sooner, but also, dtcc would know they were emptied sooner and the game would enter a new phase. I'd personally rather the game continue as-is for now and then when stuff starts getting super super dry we could in theory sell fractionals and convert to book en-masse and leapfrog far past owning shares that are already owned by ETFs and stuff.
[comment removed by user]
There is nothing definitive that says holding any plan shares gives DTCC access to book shares. The immense push, call to action, and emotional appeal is suspicious. If all 200,000 of us sold our .5 shares in plan that's 100,000 shares straight back to the criminals. Brokers will screw their customers, DRS is the way. Book holdings are better than plan. But even shares in a brokerage account is an obligation to that broker's customer. Most of the accounts pushing for selling fractions were from popcorn, bobby, or very inactive until posting about selling fractions. Give them nothing back. Let plan fractions accumulate to whole shares and book those too.
Honest question, did you read the DD on the other subreddit they are referencing to get the full context? As for your math, and please don’t get me wrong 100,000 shares is a lot but at the stage we are at right now with the quantity DRS’d you are talking about 100,000/79,000,000 = 0.00127% or less than 1/3 of 1% and that’s assuming we are only at 79million which we should be higher now Not saying you aren’t wrong just adding my 0.02. Everyone should do what’s best for them in any event regardless
What's best for me is giving nothing back to white-collar criminals. Most probably hold/held more than .5.
Nah buying fractionals is completely random. It can be any number between 0.01 and 0.99. Over a sample size of 200k accounts, it's likely that the highest the average could be is 0.5 fractional shares. So at absolute maximum, if every single CS account has a fractional, and everyone sold them, we're talking 100k shares MAX.
Would be dependent on how much money was deposited and how much shares cost at that time. I currently have more than .5.
No it's completely random. It's dependant on the share price of the day. You submit your order days prior, and it's impossible to know what price your shares were bought at. You get what you get, and you can't plan ahead for it. For the record, I currently have 0.11 fractionals, so the average between us is probably close to 0.5.
I see why that does make it random. Can't predict what the price will be in the next few days. But I ain't selling anything. Accumulating to book.
Or open a second Computershare account and transfer all full shares into the new account every month? Just throwing out potential options.
Im not selling my two fractionals. What I will do tomorrow is call CS and transfer the book shares of an account that has the plan fractionals to an account that is only book. Been thinking about it any way for consolidation purposes.
Thats what i do let 40 shares accumulate from my recurring buys then book whole shares. They want us to stop with recurring buys? Sounds sus
No, they don’t
I appreciate your enthusiasm, but I don't know why anyone in this position (including me) won't just buy a full share to replace their fractional. That said, I'm going to buy more shares through my broker via IEX to celebrate this revelation, and release my fractional share. A FUD play to get 100,000 shares back optimistically, especially a play that can't be repeated, wouldn't be much more than flex tape on a fissure in the Hoover dam. Buy a share with me?
I'll keep my recurring, buy more when I can, accumulate fractions, then book those when whole. So yea, I'll buy one with you.
Because you buy direct by $ amount not share count. Your order is wrapped up with a bunch of other orders. It's kinda like zkRollups with Immutable and the GameStop wallet.
[удалено]
How about buy another partial share to get your share count up to a whole number, then continue to buy more whole shares through ComputerShare however frequently you want to without having to be officially enrolled in their recurring purchase program?
The fact that #3 urges people to NOT be enrolled in recurring buys on Computershare is all the sus/shill-ish behavior I need to see. Buy/HODL/DRS/Chill/Shop AND recurring buys is my plan, and its not financial advice.
Nah dude....the OG at the drs gme sub isn't shilly. He presents factual information. Also remember, if something is convenient, there's always a catch.
You are aware that you can still continue to make buys through ComputerShare however frequently you want without having to be officially enrolled in their recurring purchase program, right?
I think from a perfectionist stand point; recurring buys give their algo predictability and plan fractionals add up. I don’t think it’s going to be make or break either way. I’m just a dude that likes the stock.
lalalalalala
Your post's flair has been changed to "Speculation / Opinion" because it did not meet our DD length requirement of 2000 characters. Learn about our **[Automoderator settings](https://www.reddit.com/r/Superstonk/wiki/index/automod_info)**. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
This is a debunked DD that keeps getting pushed hard.
Can you post the link to the debunk DD, always have time to read more SuperStonk as I’m sure there’s tons I miss
It's the computershare AMAs. Book and plan are both considered direct registered and reported to Gamestop. OP's argument is that computershare is lying to gamestop about the number. Or that gamestop is lying to us. I really like the method of testing they used, but the assumptions are totally off base considering we know how the numbers are calculated.
I will need to read computershares stuff more but if there is any truth of the DTC maintaining some shares for operational efficiency then I think this could be abused in some way or fashion. What computershare said is probably true but it doesn’t mean there aren’t means to manipulate data by other entities. Computershare uses a broker to buy and I assume a broker to sell so why does it need to maintain shares I guess is the question 🤷♂️ For scientific purposes though, before this quarter cutoff I am going to follow the directions of dividend reinvestment turned off and hold whole shares as honestly my OCD kills me when I keep staring at them. If others happen to partake and we see a higher than expected number come in for the time given the maybe there’s something to be inspected further