When drs started someone calculated how long to lock the float, or how long to get to the Porsche/ Volkswagen amount of shares 74.1%. I think it was 2025 Jan if the drs rate stayed consistent. People were saying we can’t count on a split (obviously). We can’t count on anyone helping us. We’ll have to lock the float ourselves. If RC does anything to initiate a squeeze he’ll spend the rest of his life in court. And look what the dtcc did with the split. They did whatever they wanted. So we’re on our own.
Oh I remember, it assumed a consistent rate which is not the case as the big initial DRS rate was because of people with shares already stockpiled from 2021 or earlier so little surprise that the DRS rate leveled out after a year.
Sauce? First time I've heard that date.
When drs started someone calculated how long to lock the float, or how long to get to the Porsche/ Volkswagen amount of shares 74.1%. I think it was 2025 Jan if the drs rate stayed consistent. People were saying we can’t count on a split (obviously). We can’t count on anyone helping us. We’ll have to lock the float ourselves. If RC does anything to initiate a squeeze he’ll spend the rest of his life in court. And look what the dtcc did with the split. They did whatever they wanted. So we’re on our own.
Oh I remember, it assumed a consistent rate which is not the case as the big initial DRS rate was because of people with shares already stockpiled from 2021 or earlier so little surprise that the DRS rate leveled out after a year.
I’ll wait. I truly appreciate the constant media reports telling me to move along and sell my stonks! /s