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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Superstonk blasts anybody who questions DRS as fud. Personally, I have to question such an undisputed narrative allowed on Reddit. Every time I wander over there the sub is filled with DRS threads. I mean... it's Reddit for one and WSB was completely infiltrated over night... So I'm inclined to consider that DRS is beneficial to hedgies and powers that be with vested interest. That said... I suspect there are no shortage of investors who care fuck all for the money and are simply in for the cause. I haven't seen a counterargument to DRS benefit in exposing synthetic shares.
The real play with DRS is that it removes shares from the DTCC and brokers, which tightens the availability, and then of course once all shares are registered with the transfer agent, it will be locked and totally obvious if shares are still being traded on the market, and possibly trigger a recall from the DTCC. Then be fireworks.
Totally get that and have yet to see anyone refute. I'm just curious why Reddit/controlled opposition mods don't censor the fuck out of it. To the contrary, it's plastered all over SS. To be clear, I have zero evidence to support the notion of DRS being psy-op or detrimental to the movement. Just can't help but inquire... since when did globo not censor, shadow-ban, redirect, etc. absolutely anything that (by all accounts in this case) seems to threaten their power structure? Particularly if GME is at least in part a white hat involved phenomenon.