SPX down 100pts gap open. BTC down to sub 25k. DJI down 600pts on open.
The FED is full blown tanking the US economy mode.
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Same here, wondering if DRS is the right move? Any smooth brained apes around that can better explain?
Once the shares are DRS'd can you still sell them when GME rockets?
DRS is the right move, and you can currently sell through CS on the IEX for up to 214,000 dollars. Every share DRS'ed is out of the hands of the financial cabal and places pressure on their insane short position.
The way I understand it, and I am no expert, having the shares direct registered means that the issuer of the stock (GME) recognizes YOU PERSONALLY as the holder. Those shares cannot be lent to anyone for shorting. They are REAL shares. If you buy through a broker, you "own" them, but they are held by a holding company in your name and may be borrowed by the shorts to enable their game. ALL the synthetic shares exist here, and yours may or may not be synthetic. When the end comes, you and the holding company will have to go a few rounds, and you may end up holding the bag. Big difference.
Gotcha, so if I DRS all my GME shares, I'll still be able to sell them when GME rockets? And there will be no delay?
Should be no different than selling through your broker. Again, I defer to the experts: https://www.drsgme.org
Thankq fren