regolith

joined 2 years ago
[–] [email protected] 2 points 11 months ago

I feel ya, but since SS is not a reliable source I no longer go there and I don't bring it up.

Everyone should know the heat lamp theory, and no one should be acting like we're all delusional for believing that plan shares are vulnerable and/or not counted as DRS. There was a time when we all believed that we owned the shares that we 'held' through a broker. If that wasn't true then why should I believe that I own plan shares? BOOK is the way.

[–] [email protected] 4 points 1 year ago

looks like the ole' F3 overflow (jk/idk)

[–] [email protected] 2 points 1 year ago (1 children)

I agree that the entries on the ledger would not be cumulatively more than the amount of issued shares, but I was under the impression that it would be possible to get an accurate tally of the DRS count from the ledger, which is what we seem to be lacking.

[–] [email protected] 2 points 1 year ago (3 children)

So, a while back Gamestop stated that they would pull their shares from the DTC/Cede if they determined that it was mishandling the company stock (or words to that effect). They may have changed the wording regarding DRS numbers if the DRS+Cede numbers don't line up and Gamestop doesn't want (or isn't ready) to take that action.

To get the actual numbers, wouldn't tallying the entries on the register at the next meeting be the most straightforward path?

[–] [email protected] 1 points 2 years ago

Same, at this point I've put so much time into getting DRS'ed that I think I'll be holding them for quite a long time. And I wouldn't be surprised if the squeeze is a multi-year climb.