Newer investor. 12 at TD Ameritrade and 1 at CS. Diamond hands with opposable thumbs. That said…
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What if reserve notes are replaced with treasury notes before/during/after MOASS? How will that affect apes?
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I have not DRS with CS yet. How much does this matter and why? I intend to, but what are pros/cons?
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Regarding DRS, should I do that before or after the upcoming stock split and why?
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During/after MOASS, what about selling via CS or TD? Is one better, safer, easier or faster?
I understand all responses are not “financial advice”. Let’s discuss :-)
The biggest advantages of DRS are that it takes the shares out of the swamps hands. Shares that have been DRS are not "beneficially owned" through an allocation to the brokerage but are held in the individual's name. If your shares are with the brokerage, then GME doesn't recognize you as a shareholder. If your shares are DRS, GME knows your name.
I see DRS as the stick it to the man play with shares I never intend to sell.