You tell E-Trade you want to DRS all your GME shares. They get transferred to Computershare in 1-4 weeks. They won't want to do it. You may even have to move your entire etrade account to fidelity to get them transferred because there just aren't any real shares out there.
Call them and tell them you want to directly register your shares. They will send them to computer share and they will send you a letter telling you how to open your acc. I have e- trade as well.
If you've ONLY transferred shares directly from a broker > CS, they should all be 100% BOOK.
The only time you should have a "Plan" would be if you made purchases directly through CS via one-time or recurring purchases and have opted into the DRIP (Dividend Reinvestment Plan).
Login to CS to verify, but, you should be good to go if no direct purchases/fractional shares are in there.
Pure DRS
Ok y'all are gonna have to explain it like (stealing this) I'm driving my car alone wearing a mask. Specifically, how do I do it on E-trade?
Masked in a car with windows up or down?
At this point, all that really matters is "still wearing a mask."
I wore one at work. Just didn’t want people to see my face.
Up. And for added protection the vents are all wearing masks too
We should tell the double maskers that Fauci said they need to keep the heat on in the summer and the AC running full tilt in the winter.
You tell E-Trade you want to DRS all your GME shares. They get transferred to Computershare in 1-4 weeks. They won't want to do it. You may even have to move your entire etrade account to fidelity to get them transferred because there just aren't any real shares out there.
Did it from E-Trade three times, they never hassled me. Fidelity "forgot" to do it and had to be bitched out over the phone.
If I DRS my shares and the brokerage house goes under I am assuming that I still own them where as the other way, probably not?
Lol, I saw that on Twitter too. Also stolen.
Call them and tell them you want to directly register your shares. They will send them to computer share and they will send you a letter telling you how to open your acc. I have e- trade as well.
Heres step by step instructions to make your Computershare account PureDRS : https://www.drsgme.org/terminating-from-directstock
But sounds like you need this guide first: https://www.drsgme.org/register-from-broker
Find E-trade in the drop down list and follow the steps.
Book King
Teddy Bank Corp.
BOOK > PLAN
Terminate Plan/DRIP and go 100% BOOK for maximum pain and limited borrowing.
I DRS from fidelity and WEBULL, haven’t looked back. Do I need to go in and change? Supposedly everything transferred as pure book.
WEBULL charged me $200….. crooks.
Also make sure to terminate your "Dividend Reinvestment Plan (DRIP)".
Heres step by step instructions how to make sure your account is on PureDRS.
https://www.drsgme.org/terminating-from-directstock
Is computershare a based brokerage & clearinghouse? I'm looking for a better place to put my stuff
If you've ONLY transferred shares directly from a broker > CS, they should all be 100% BOOK.
The only time you should have a "Plan" would be if you made purchases directly through CS via one-time or recurring purchases and have opted into the DRIP (Dividend Reinvestment Plan).
Login to CS to verify, but, you should be good to go if no direct purchases/fractional shares are in there.
Here is why you should check that your Computershare account is "PureDRS".
https://old.reddit.com/r/Superstonk/comments/135qjaf/computershares_paul_conn_confirms_1020_of_shares/
https://old.reddit.com/r/Superstonk/comments/135pplr/okay_all_you_pure_drs_book_king_folks_looks_like/