Inverse Cramer: this tells me the GameStop theory is true. Are we about to see fireworks?
(media.greatawakening.win)
🐸 OK, CRAMER! 🏳️⚧️
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when HF stop manipulation. TBH. it's been locked for a year. the thing you see is Computershare numbers. Brokers hold some share to justify issuing shorts shares. large companies hold a bunch. the importance of Computer share numbers is those are the shares 100% accounted for and taken out of the pool that can shorted. if you have your shares in fidelity or wherever... those are IOU shares and they can just sell them without your permission. it's in the fine print. there is a lot going on that will take some reading to understand. so what's going to happen is split div, stock jump, fail safes kick in, IOU sold, stock drops, then short sellers run for the door, MOASS. and shorts left will be washing cars at stop lights.
If I bought one share directly computershare.com Can they sell my shares?
no. it cost money to trade in Computer Share and it takes a few days.
these same day trading brokerages float the shares then have a few days to settle the books. this floating causes failed to delivers because they sometimes over stretch and don't balance the books in time. you as a consumer don't realize this till they punish you or restrict a feature for something you did.
So someone told me to buy it directly, now what should I do? I am still waiting for instructions to register it.
https://www.drsgme.org/
transfers from broker to CS is $150 per stock ticket.
example: 10 shares of AMC -> CS $150. 1,000 shares of DWAC and 1 share of GME -> CS $300....
brokers will try to talk you out of it or give an excuse because they lose money when they lose shares. just be stubborn. any real questions throw them up on Reddit /super stonks or /gme.
to open a computer share account they need to verify you. so first you but a share or a few through it. set up the account then go from there.
for my transfer I needed to buy a share first or how many you want. takes 3-5 days for the shares to settle.
(forgive me it's been a year and a half) I remember them having good customer service helping me set it up.
while you wait you could buy from a broker and hold your IOU till CS is working. there won't be any funny business till squeeze. they are saving their tricks.
keep in mind this will be a week to a few months squeeze. you will miss the initial rocket if you want to grab some profits and run. that's out for you. but the real squeeze is going to be controlled. only 1% will touch the top.
I am personally out when I can pay off house, buy some acres and build another house and new truck. I won't see the top. I am going to be in this probably until November. (not financial advice) but reflect on TSLA and see what happened and how long it took.
Would like an answer to this too. I contacted the customer service department for instructions and I'm waiting for them to respond. May want to do the same for your broker.
It costs money to move Compushare Shares and time is an issue.
That’s quite alarming, actually.
What if I want to get out right now market price at this moment?
then you do a broker. I want life changing money. I have AMC in a broker because when it hits I am running on the first wave. estimation $100 - $350 on first wave...
gme is a different animal. that I have no idea what is the ceiling. and GME is going to be another 3 months.
AMC is hinted at some news next month.. still don't trust it
Yes,no problem,we have tested it allready,no charge. You can also transfer them back to your brokerage I belive.
I do not have a brokerage I am glad though. I am very very poor. I am just a simple person who bought one share in computershare.com and I am waiting for instructions to create the account there and then register it to DRS GME. That is all.