Thanks for clearing that up. Re: DRS numbers. I saw Ally (APEX) is withdrawing the people who DRSd their IRA shares. So it seems they are afraid. Hopefully that doesn't drop the numbers next report.
Another thing that was interesting about this whole GME thing... They posted something on their website that said "Game On Anon"
I remember seeing that and thinking the same thing about “Game On Anon”. There are certainly a lot of interesting parallels.
I don’t think the Ally withdrawals will have that much of an impact. There’s a pretty small percentage of people who have GME in IRA accounts and only a small percentage of those IRA accounts are with Ally. At least I think that’s the case.
And even if it does have an impact, I’m sure many of those IRA account holders will transfer to a different brokerage and re-DRS their shares.
Still really shady and obviously an act of desperation. I think it’s simply more evidence that DRS is hurting them. It is comforting knowing that if the squeeze doesn’t happen on its own that we are constantly DRSing more and more of the float.
I think it might slow down when we get to about the halfway point, but then once we start getting closer it will pick up steam again since the finish line will be in sight.
Thanks for clearing that up. Re: DRS numbers. I saw Ally (APEX) is withdrawing the people who DRSd their IRA shares. So it seems they are afraid. Hopefully that doesn't drop the numbers next report.
Another thing that was interesting about this whole GME thing... They posted something on their website that said "Game On Anon"
Hat tip to the anons?
I remember seeing that and thinking the same thing about “Game On Anon”. There are certainly a lot of interesting parallels.
I don’t think the Ally withdrawals will have that much of an impact. There’s a pretty small percentage of people who have GME in IRA accounts and only a small percentage of those IRA accounts are with Ally. At least I think that’s the case.
And even if it does have an impact, I’m sure many of those IRA account holders will transfer to a different brokerage and re-DRS their shares.
Still really shady and obviously an act of desperation. I think it’s simply more evidence that DRS is hurting them. It is comforting knowing that if the squeeze doesn’t happen on its own that we are constantly DRSing more and more of the float.
I think it might slow down when we get to about the halfway point, but then once we start getting closer it will pick up steam again since the finish line will be in sight.
Yeah truth about ally prob not many did it