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.
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.