When you direct register, the transfer agent will be sending the request to sell via their brokerage partners since you’ve removed the shares from the brokerage system. Computershare has a great interface that is very easy to navigate and understand. You’re essentially trading an IOU in a brokerage, for a real share of the company and being put on the company’s ownership ledger.
This is another part of the GameStop thesis. When all shares are direct registered and GameStop announces that, what happens to shares in brokerages? Since all DRS’d shares are legit and accounted for, that will expose how many synthetic shares have been sold into the market. It’s already pretty obvious something is going on considering 50% of GameStop’s the free float has already been registered.
Will my portfolio still stay on fidelity to trade and sell them?
That’s the neat part, it won’t!
When you direct register, the transfer agent will be sending the request to sell via their brokerage partners since you’ve removed the shares from the brokerage system. Computershare has a great interface that is very easy to navigate and understand. You’re essentially trading an IOU in a brokerage, for a real share of the company and being put on the company’s ownership ledger.
This is another part of the GameStop thesis. When all shares are direct registered and GameStop announces that, what happens to shares in brokerages? Since all DRS’d shares are legit and accounted for, that will expose how many synthetic shares have been sold into the market. It’s already pretty obvious something is going on considering 50% of GameStop’s the free float has already been registered.
Does computer share charge anything? Can computer share go under and I lose all my stocks?