$AMC Apes don spacesuits for rocket launch as borrow rate hits record 856%
(media.greatawakening.win)
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It looks like alternative to Mainstar is to setup one's own LLC to hold the IRA assets. This is shown here: https://www.drsgme.org/direct-register-shares-via-transfer-to-llc
Lot of work, but don't let it discourage you. Me personally, I dislike how complex it has to be so I might just go ahead and do an In-kind trasnfer from my IRA to fidelity cash account and then DRS. Take the early distribution penalty and say fuck it.
Would be curious what you decide. Have a quite a few in my ira brokerage and was following this pretty close last week...pretty crazy. Went though https://www.irafinancialtrust.com/ as the other option but leaning on leaving them where they are....the whole 'gotta DRS 100% of your GME' rhetoric/FUD was a bit over the top last week IMO.
Idk if it's FUD. But we see what brokers are doing. DRS is what they do not want.