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JustADirk [S] 19 points ago +19 / -0

I've been convinced of this for a long long time, since the beginning some might say.

https://twitter.com/GameStop/status/1550231661438287872?s=20&t=uXzbtyJn3MC182kMp0GxuQ

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ILoveIvermectin 17 points ago +17 / -0

To be blunt. Game over.

https://qalerts.app/?n=3872

Edit: 🦍

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JustADirk [S] 8 points ago +8 / -0

Oh yeahhhhh [insert kool-aid man]

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Tiger19 13 points ago +13 / -0

I havent seen too many gme posts on GAW the past few days, but im honestly hyped. Could this be a huge nothing burger? Possibly, but based on multiple brokerages saying it could take 5 business days to issue the new shares (total bs), I think something legit is going on. It's been said enough, but everyone needs to DRS as soon as they can. Superstonks on reddit (sorry, I hate it too) has some pretty great info right now.

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JustADirk [S] 6 points ago +6 / -0

Absolutely đź’Ż

Link to the SuperStonk DD library: https://fliphtml5.com/bookcase/kosyg

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cheesygorditacrunch4 3 points ago +3 / -0

Agreed. Could take some time to see some action but something is definitely happening in the background. Let’s get those puppies registered under our names!

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Europa 1 point ago +1 / -0

I was told that TD Banks….their Direct Register…holds a certificate for you and you can’t trade same day. You wait to sell that certificate. And you wait to find someone to buy it,

Is that correct?

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deleted 8 points ago +8 / -0
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rooftoptendie 8 points ago +8 / -0

God i hope so. wall streets been getting away with propping up elites at the expense of the individual investor for way wayyyyyyyy too long.

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JustADirk [S] 8 points ago +8 / -0

Waiting on that "splividend"!

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Unhappymeal 7 points ago +7 / -0

And done. Got my GME DRS’ed today to computer shares. Thanks for the reminder fren!

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NoMoJoe2020 4 points ago +4 / -0

What does DRSd to computer shares mean?

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cheesygorditacrunch4 5 points ago +5 / -0

In the stock market, when you buy from a traditional broker you don’t really have your name on the shares you bought. The brokerage essentially can do whatever they want with your property. That is called “Street Name”, your shares are registered as “Street Name” when being held by a brokerage.

When you Directly Register Shares (DRS), you remove them from the brokerage and DTCC and instead of Street Name, your name is actually placed in the ledger which the company has access to.

So GameStop investors are removing their shares from their brokerage and register their names on their shares directly which GameStop means in GameStop’s shareholder ledger they can see how many shares are owned and by who.

Every quarterly earnings report GameStop has been reporting how many shares have been directly registered. Currently ~46% of the available shares on the market are owned by 160k people, confirmed by GameStop. The average trading volume of GME is currently 3.7MM shares a day and there are ~17MM shares available on the market. You can do the math there on how supply limited this stock is becoming lol.

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RedTX 3 points ago +3 / -0

Direct Registration System. CS is the transfer agent for GME. Lots of good info out there on how to transfer your shares out of your broker and have them in your name.

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partly_asian-_- 3 points ago +3 / -0

Transfer to ComputerShare which is the direct registration company for GME. Think of it as the title company for your house. Puts the shares in your name instead of a broker.

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NoApologyTour 1 point ago +1 / -0

Any info on how to do this, and how long it takes?

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partly_asian-_- 1 point ago +1 / -0

For most brokers you just call or chat and request it. SuperStonk Reddit will have details for each broker. It usually takes about 3-5 business days from Fidelity.

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Unhappymeal 1 point ago +1 / -0

In simple terms, it means you now have ownership over your stocks. This is supposedly important with the GME stocks. An ape could explain this in infinite more detail. The subreddit of /stonks goes into mad informative detail over this.

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MAGAftwftp 3 points ago +3 / -0

How much does it cost? Is it per share? I was waiting until the split happened. Would said shares be pulled out of my Chase account and into a computer shares account? How would selling work? TIA frens any other info please add.

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Unhappymeal 2 points ago +2 / -0

I’m with AmeriTrade. One phone call and they can do it over the phone. Took about 15 min max. Could be done in about 6 min.

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Gitmo-or-Bust 4 points ago +4 / -0

I simply buy all of mine direct at computershare.com. The brokerages are all corrupt and in bed with hedgefunds and SEC and DTC.

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NewportBeach 2 points ago +2 / -0

I use Chase. Very simple process. Call them and say you want a DRS transfer to ComputerShare. Tell them number of shares. Usually takes 3 business days for shares to show up on Computershare.

And it costs nothing. When you need to sell, you log in ComputerShare account and sell.

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rooftoptendie 7 points ago +7 / -0

either they're down with the plan, in which case I approve, or else they have a marketing team that understands it's audience, in which case I approve.

HODL

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cheesygorditacrunch4 7 points ago +7 / -0

I also love that GameStop has 0 pro lgbtqabc bullshit. No pride month bullshit. Nothing. GG GameStop!

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JustADirk [S] 3 points ago +3 / -0

Thank you for posting the link!

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ILoveIvermectin 4 points ago +4 / -0

And this: Papi Trumpo seems to be ready to party.

https://rumble.com/v1d4znp-fiesta.html

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VetforTrump 2 points ago +2 / -0

Hasn't been that calm

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l3tsgetit 1 point ago +1 / -0

DRS your shares!

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Acts2 1 point ago +1 / -0

hey frens - is something up with TUEM (Tuesday Morning) too ?