The SEC gives 35 days to settle ( find shares) that were sold or given out. (I think)
It should be instant but the scam happens in the 35 days and fail to delivers.
Long story. It’s gonna happen. But Wallstreet won’t go without a fight. Look at Ryan’s tweet last night.
Overstock tried this a few years ago but there were lawsuits over their dividend. This time I think it’s trying to be done without tying MOASS up in the court system for years.
The Superstonk group on Reddit has a wealth of information about your question. Check the permalinks.
Short version: You can initiate share sales through the Computershare interface if necessary.
Many people have moved most of their shares to Computershare in order to help hasten the MOASS, but retain a small number in brokers like Fidelity to facilitate easier sales after the rocket launch.
Read superstonks daily! I can't stand reddit, but float, shares outstanding, short positions, borrow rate, it's posted on there ALL the time. Wallstreetbets has good info from time to time.
We hoped it would trigger moass,but I didn't realy expect it.
DRS with computershare is the way.
Right now we have 1/2 the public float locked up.
In a few months all the legal issued shares will be locked up.
I'm so used to disappointment when it does happen I won't believe it
T+35 no shares have settled yet
Just wait
Sorry, I don't know what that means.
The SEC gives 35 days to settle ( find shares) that were sold or given out. (I think)
It should be instant but the scam happens in the 35 days and fail to delivers.
Long story. It’s gonna happen. But Wallstreet won’t go without a fight. Look at Ryan’s tweet last night.
Overstock tried this a few years ago but there were lawsuits over their dividend. This time I think it’s trying to be done without tying MOASS up in the court system for years.
I did the drs with compushare. So now how do I sell the shares when the time comes?
The Superstonk group on Reddit has a wealth of information about your question. Check the permalinks.
Short version: You can initiate share sales through the Computershare interface if necessary.
Many people have moved most of their shares to Computershare in order to help hasten the MOASS, but retain a small number in brokers like Fidelity to facilitate easier sales after the rocket launch.
You can log in online and sell or call the directly and sell that way
I missed the borrowing of the 29 M shares - do you remember where you learned that?
Read superstonks daily! I can't stand reddit, but float, shares outstanding, short positions, borrow rate, it's posted on there ALL the time. Wallstreetbets has good info from time to time.
thx, fren. I hate reddit but I'll give it a try
This stuff is moving so fast. I need to catch up. Ty for reminder.
We don't have debt, but want to change a few things. We are definitely going to hodl the bulk of it.
Are you so excited? I'm so excited.
If 90% or even higher end up registered, what happens to the the millions and millions of shares not registered?