Brokers are selling unlimited IOUs that only effect the stock price if they want it to. DRS gives you an authentic share and removes the brokers access to it (which they will desperately need when those IOUs have to be purchased). You can call Ameritrade and then then you want to DRS. It's a simple process.
They can loan out your shares if you buy thru a broker. Its all done under the table. This only scratches the surface of all the dark pool shenanigans.
If you drs they have to actually purchase the shares since they go into your name to a holding company like computershare. So whenever I buy thru fidelity I drs when the shares clear. And leave a couple in the broker to dick around with when it moons. Not selling until numbers reach crazy levels.
DRSing your shares puts them directly in your name, which means no outside entity can screw with them anymore.
If you hold shares at a broker (TD Ameritrade, Fidelity, Vanguard, etc.), then those shares are owned by the DTCC / Cede & Co. The DTCC/Cede & Co is a Cabal operated entity that has essentially created a ponzi scheme to enrich themselves and allow them to control corporations. This includes trading around IOUs instead of actual shares, therefore they can rehypothecate (duplicate) your shares over and over again, diluting the float of companies, driving the price of companies in any direction they please when paired with high-frequency-trading algorithms/AI, naked short selling, and so forth.
Not to mention in the event of a stock posing a risk (i.e. price flying through the roof), if your shares are held at a broker, that broker reserves the right to do whatever they want with your shares to protect themselves.
Almost paper handed today, but didn't.
Really? You should read more at superstonk brother. So glad you didn't sell. Hold! It's coming.
I just found out about DRS. What's wrong with just purchasing through someone like TD Ameritrade? I was about to pick up a few.
Brokers are selling unlimited IOUs that only effect the stock price if they want it to. DRS gives you an authentic share and removes the brokers access to it (which they will desperately need when those IOUs have to be purchased). You can call Ameritrade and then then you want to DRS. It's a simple process.
They can loan out your shares if you buy thru a broker. Its all done under the table. This only scratches the surface of all the dark pool shenanigans.
If you drs they have to actually purchase the shares since they go into your name to a holding company like computershare. So whenever I buy thru fidelity I drs when the shares clear. And leave a couple in the broker to dick around with when it moons. Not selling until numbers reach crazy levels.
https://www.drsgme.org/
https://gmefloor.com/
$145.5 million. 👀
I've got some at Fidelity too. And AMC. I'll have to look into the DRS thing
Brokers can auto sell your shares without your permission. It's in there terms and agreements.
DRSing your shares puts them directly in your name, which means no outside entity can screw with them anymore.
If you hold shares at a broker (TD Ameritrade, Fidelity, Vanguard, etc.), then those shares are owned by the DTCC / Cede & Co. The DTCC/Cede & Co is a Cabal operated entity that has essentially created a ponzi scheme to enrich themselves and allow them to control corporations. This includes trading around IOUs instead of actual shares, therefore they can rehypothecate (duplicate) your shares over and over again, diluting the float of companies, driving the price of companies in any direction they please when paired with high-frequency-trading algorithms/AI, naked short selling, and so forth.
Not to mention in the event of a stock posing a risk (i.e. price flying through the roof), if your shares are held at a broker, that broker reserves the right to do whatever they want with your shares to protect themselves.
Ortex said it was a conspiracy.
this is a joke..it has to be. We arent made of paper here with GME
Exactly. I would never paper hands.
whew