You could DRS maybe half your shares, and keep the other half in a brokerage to sell, because the hedgies will have to sell to cover their positions sooner or later. DRS locks the float and adds to the infinity pool, causing the price to keep going up.
Yes, DRSing is taking your shares out of the DTCC (Cede & Co) and placing them directly in YOUR NAME. When you own shares through a broker (i.e. Fidelity, Vanguard, TD, etc), you actually don't own the share. And if you read all of the documents/fine-print from these brokers when you signup and create your account with them, it's honestly quite scary how much control they retain over these stocks.
Another good point is in the event that a broker goes bankrupt, your portfolio will also go poof. In that event, your shares will likely be sold at the price the stock is at when the broker goes bankrupt. Either that or you will have to file a claim to SIPC insurance, and with SIPC coverage you only are able to claim up to $500k. If the share price of your particular shares goes up to $900k per share... well too bad... sorry, all you get is $500k once your SIPC claim is processed.
The DTCC/Cede & Co is very much so one of the biggest powerhouse arms to the Cabal. They are able to have and retain so much power because they have Banking/Federal Reserve/International Banking (infinite money), and they also technically own almost of the shares on Wall Street via DTCC/Cede & Co. So when you DRS your shares, that is removing the share from the DTCC, it removes Cede & Co as being the owner of the share, and your full name is now listed on the share as being the owner and the DTCC (Cabal) no longer has any control over your shares and can no longer use your shares for fuckery without you knowing.
I highly recommend DRSing your shares if you want to avoid fuckery when MOASS kicks off. There is a reason why all of GameStop's executives hold their shares directly in their name via ComputerShare. And if you feel the need to spread out your risk, just DRS the biggest chunk of your shares so you actually own them, and keep a few in a couple different brokers.
I loved Charlie's content until he completely flipped the script when DRS came along. He turned into a completely different person on the DRS stuff and didn't even provide any evidence or quality reasoning as to why shares shouldn't be directly registered in your name. That was the red flag for me that he is a paid shill for the cabal.
Why wouldn't you want to take the shares out of the DTCC, take the owner's name of "Cede & Co" off of the share, and put that share into your name so that you fully own it and it can't be fucked around with by the cabal?
When you hold shares at a broker, those shares aren't owned by you. The listed owner on the share is "Cede & Co" (Cabal). Those shares are also housed at the DTCC (Cabal). Legally, they can do whatever they want with those shares and there's nothing you can do about it because you technically don't own them and you signed an agreement (that isnt in your favor legally) when you created your brokerage account.
So why wouldn't you want to DRS most of your shares?
If he really wanted to take down the cabal, he could buy up all the physical silver in the COMEX and drive the price of silver up to over $100 an ounce and make the banks default on all their short positions. Then he warehouses the silver and uses it in things that need silver anyway like solar panels.
We tried that through several squeezes, but as long as there are unallocated vaults without demanding delivery, they just resell that silver to each other (bullion banks) to hammer the price down.
He should tell his twitter followers to buy Gamestop through Computershare. We'd lock the float in short order and begin MOASS.
Hedgies r fuk.
I'm somewhat passively invested in the whole GME thing, am I boning myself by not DRS my shares or does it just not help the cause as much?
I've been meaning to look into it--it's just secondary to other stuff for me atm.
You could DRS maybe half your shares, and keep the other half in a brokerage to sell, because the hedgies will have to sell to cover their positions sooner or later. DRS locks the float and adds to the infinity pool, causing the price to keep going up.
Yes, DRSing is taking your shares out of the DTCC (Cede & Co) and placing them directly in YOUR NAME. When you own shares through a broker (i.e. Fidelity, Vanguard, TD, etc), you actually don't own the share. And if you read all of the documents/fine-print from these brokers when you signup and create your account with them, it's honestly quite scary how much control they retain over these stocks.
Another good point is in the event that a broker goes bankrupt, your portfolio will also go poof. In that event, your shares will likely be sold at the price the stock is at when the broker goes bankrupt. Either that or you will have to file a claim to SIPC insurance, and with SIPC coverage you only are able to claim up to $500k. If the share price of your particular shares goes up to $900k per share... well too bad... sorry, all you get is $500k once your SIPC claim is processed.
The DTCC/Cede & Co is very much so one of the biggest powerhouse arms to the Cabal. They are able to have and retain so much power because they have Banking/Federal Reserve/International Banking (infinite money), and they also technically own almost of the shares on Wall Street via DTCC/Cede & Co. So when you DRS your shares, that is removing the share from the DTCC, it removes Cede & Co as being the owner of the share, and your full name is now listed on the share as being the owner and the DTCC (Cabal) no longer has any control over your shares and can no longer use your shares for fuckery without you knowing.
I highly recommend DRSing your shares if you want to avoid fuckery when MOASS kicks off. There is a reason why all of GameStop's executives hold their shares directly in their name via ComputerShare. And if you feel the need to spread out your risk, just DRS the biggest chunk of your shares so you actually own them, and keep a few in a couple different brokers.
Don't listen to these chuds. Follow Charlie's Vids on YT. DRS and Computershare is a shill scam that does nothing to trigger MOASS.
I loved Charlie's content until he completely flipped the script when DRS came along. He turned into a completely different person on the DRS stuff and didn't even provide any evidence or quality reasoning as to why shares shouldn't be directly registered in your name. That was the red flag for me that he is a paid shill for the cabal.
Why wouldn't you want to take the shares out of the DTCC, take the owner's name of "Cede & Co" off of the share, and put that share into your name so that you fully own it and it can't be fucked around with by the cabal?
When you hold shares at a broker, those shares aren't owned by you. The listed owner on the share is "Cede & Co" (Cabal). Those shares are also housed at the DTCC (Cabal). Legally, they can do whatever they want with those shares and there's nothing you can do about it because you technically don't own them and you signed an agreement (that isnt in your favor legally) when you created your brokerage account.
So why wouldn't you want to DRS most of your shares?
If he really wanted to take down the cabal, he could buy up all the physical silver in the COMEX and drive the price of silver up to over $100 an ounce and make the banks default on all their short positions. Then he warehouses the silver and uses it in things that need silver anyway like solar panels.
More like he'd have to sell his sharez in Tesla
This is it.
We tried that through several squeezes, but as long as there are unallocated vaults without demanding delivery, they just resell that silver to each other (bullion banks) to hammer the price down.