Diamond hands….and all the apes who own GME are directly registering their shares of GameStop in order to stop the illegal floats of shares…hedge funds “borrowing” shares from different brokers to buy or short.
Once a stock is registered in an owner’s name, it leaves the brokerage firm, thus decreasing the amount of shares available for the float…and increasing the price if a hedge fund needs to buy shares to cover a position.
If enough shares are removed from the system, the stock price must go higher as the supply decreases, demand (and price ) increases.
I'm fairly new at this GME and AMC game and don't know much about stocks. I've bought and I'm holding to the moon. Serious question, I have mine with TD Ameritrade. What happens if I don't go to computer share or direct register? Will I still be able to collect or will I lose all my investments? I hear so many different opinions. I'd really appreciate a little advice.
I don’t have a lot either (fewer than my fingers) but I took half and did DRS and the other half w vanguard... have you seen the boards w some instructions for registering?
The theory is DRS at least half of what you have and keep some for trading....as the process “to the moon” won’t be just a day or two, it may be a few weeks run up.
Maybe this means moon soon
Diamond hands….and all the apes who own GME are directly registering their shares of GameStop in order to stop the illegal floats of shares…hedge funds “borrowing” shares from different brokers to buy or short.
Once a stock is registered in an owner’s name, it leaves the brokerage firm, thus decreasing the amount of shares available for the float…and increasing the price if a hedge fund needs to buy shares to cover a position.
If enough shares are removed from the system, the stock price must go higher as the supply decreases, demand (and price ) increases.
I'm fairly new at this GME and AMC game and don't know much about stocks. I've bought and I'm holding to the moon. Serious question, I have mine with TD Ameritrade. What happens if I don't go to computer share or direct register? Will I still be able to collect or will I lose all my investments? I hear so many different opinions. I'd really appreciate a little advice.
I don’t have a lot either (fewer than my fingers) but I took half and did DRS and the other half w vanguard... have you seen the boards w some instructions for registering?
The theory is DRS at least half of what you have and keep some for trading....as the process “to the moon” won’t be just a day or two, it may be a few weeks run up.
GME DRS
Do some searches for the how to from TD, vanguard streamlined the process but I’m still waiting for communication from Computershare.
The symbolism of these two major stocks, American Movie Classis and GameStop?