For Anons following the GameStop saga, here is a pretty cool Cohencidence!
(media.greatawakening.win)
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That is very kind of you, I need an even further dumbed down version than ELI5. Please ignore the last sentence of my earlier post as it's further proof of my ignorance!
Building on the previous comment, removing shares from the DTC ensures they are held in your name. DRS is the way to do this. Doing so takes them out of the hands of those who might use them to further short the stock. However, it's crucial to hold them in BOOK form when in Computershare.
Ryan is the BOOK king. He's released some of the best books I've read in recent times. I can't understand why anyone would keep shares if they're not in BOOK form.
I clearly haven't eaten enough crayons.
Can you please explain what "BOOK form" is like I'm 3 years old?
I have ½ my GME in DRS, but have no idea what form they are in.
Book form shares are pulled from the depository trust.
Plan form is in your name sort of, but still at the DTCC.
Book is much better. If you transfered your shares they should be in Book form I belive, shares bought at computershare are in plan.
Cool bananas, thanks heaps VFD
When you DRS your shares, you're removing them from the Depository Trust Commission and putting them in your name. See Computershare
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