The Fidelity -> IEX -> CS trains run pretty reliably IME. DRS is very easy now.
I'm of the mindset now though that price transparency is really not in buyers immediate best interests though.
Better to buy fake entitlements through the fraudulent exchanges at lower prices. When you DRS they then have to go buy the real shares at increased cost, or steal someone else's shares (ETF, target retirement funds, etc. most likely to be robbed IMO)
I just DRS’d shares from Fidelity this morning. Their auto chatbot takes less than a minute to start the process. Couldn’t have been any easier.
I used to buy from CS directly, but stopped for a number of reasons: not being able to control the buy price, the fees, the fractionals you need to dump, etc.
All of this was solved by using Fidelity. I control my buy price, no fees, no fractionals , and their DRS process puts the shares in “Book” within CS.
Oh, and Fidelity allows me to buy immediately when I tell them to do a transfer from my personal non-Fidelity checking account. CS makes you wait a couple of days.
My one time purchase of GME just cleared with CS. Since I have no idea what the differences are, I'll be trying to figure out whether I want to convert from plan to book or terminate from Directstock on CS later today🐸
That is very helpful, thank you! & please forgive the likely dumb question, but if/when I want to sell any shares later, will I be able to do so? My plan for now is to hlod indefinitely 🐸
stock market is run by bots. pattern is coded. things change when updates occur. nothing I say is 100% on dates. I just watch the pattern and land marks.
even if the stars align, banks can lie and reject fair price. they will do this till they reduce their loss.
these actions of DRS book is causing an escalation of the ponzi scheme collapse.
what scares me is if this breaks will millions be worth anything? small price to pay to never pay taxes, but damn... it keeps me up at night.
the sale agreement should be at the moment of sale. will take a few days for funds to be sent from buyer to seller. then CS cuts you a check and within two weeks should be in your mailbox.
once deposited funds should be available in 3 days. waiting 3 weeks to buy anything is what it is.
fib spiral puts it at around $3000 a share.
AMC conservative price is $1400 a share.
target date as per fractals is Jan 25 - Feb 15.
AMC required to stay below $13 to maintain pattern till then. if pop to $45 and up happens before, Oct 2024 next bull cycle. Price should drop back to $9 range.
so, everyday MOASS tomorrow till happens. just know, the money HFs are using to pay us is 401ks and pension funds. when this happens, check on loved ones. watch bond market and reverse repo. liquidity fairy lives there.
Oh wow. That's probably all very helpful info, thank you, & I was able to glean some of it after looking up phrases/acronyms🐸 Sad to say, I need the ELI5 version when it comes to anything with stocks. In other words, I bought it... Yay. Going to plan to book over the phone with CS. Then I'm going to leave it alone. I just didn't know how the book thing changes the (hopefully simple) process when I want to sell it later.
this is where we are at. late Jan to mid Feb. this guy looks at Fractals. the gme/AMC thing. if you spend your money or not, doesn't matter, but it's a fun show to watch (stock market).
the stock is either squeezing or going to zero. last stock people tried the DRS on was a shell company that closed down before squeeze. there is a chance of a hostile buyout (example: musk vs Twitter).
there are zero guarantees in this.
one more dip, then chop, projected. many of us have been in this for 3 years.
with stocks, watch the patterns. 95% controlled by algo. all hype and negativity is psychological. nothing is real but patterns. it's why after a rise you hear hype. people trying to sell and get out. it's psychological.
play if you want or just watch and cheer for a side. this fight can go on for another year and retail can still lose. with that said, it does look good.
They bought TD.....layoffs are common when companies merge. Don't need all those extra accounting and worthless HR people. Doubt there are any issues with Schwab.
What happens is that even if you have a cash account, when you ACH money in your broker used to give you "ghetto margin". They know the funds will clear so they gave you early access to the funds to buy stocks.
For certain stocks (or certain people) they act like they are supposed to ask: ACH T+3, then allow buy followed by T+2 for the stock.
If you want instant access to buy, you must wire the money in. Then there are no restrictions.
Use Fidelity and buy through IEX. Or purchase directly from computer share
The Fidelity -> IEX -> CS trains run pretty reliably IME. DRS is very easy now.
I'm of the mindset now though that price transparency is really not in buyers immediate best interests though.
Better to buy fake entitlements through the fraudulent exchanges at lower prices. When you DRS they then have to go buy the real shares at increased cost, or steal someone else's shares (ETF, target retirement funds, etc. most likely to be robbed IMO)
I just DRS’d shares from Fidelity this morning. Their auto chatbot takes less than a minute to start the process. Couldn’t have been any easier.
I used to buy from CS directly, but stopped for a number of reasons: not being able to control the buy price, the fees, the fractionals you need to dump, etc.
All of this was solved by using Fidelity. I control my buy price, no fees, no fractionals , and their DRS process puts the shares in “Book” within CS.
Oh, and Fidelity allows me to buy immediately when I tell them to do a transfer from my personal non-Fidelity checking account. CS makes you wait a couple of days.
My one time purchase of GME just cleared with CS. Since I have no idea what the differences are, I'll be trying to figure out whether I want to convert from plan to book or terminate from Directstock on CS later today🐸
BOOK. This is the way fren
👌This is the way😁
plan can be recalled or lent for shorting. book secures in your name and pulls it out the dtcc.
do what you want, but that's the basics.
That is very helpful, thank you! & please forgive the likely dumb question, but if/when I want to sell any shares later, will I be able to do so? My plan for now is to hlod indefinitely 🐸
stock market is run by bots. pattern is coded. things change when updates occur. nothing I say is 100% on dates. I just watch the pattern and land marks.
even if the stars align, banks can lie and reject fair price. they will do this till they reduce their loss.
these actions of DRS book is causing an escalation of the ponzi scheme collapse.
what scares me is if this breaks will millions be worth anything? small price to pay to never pay taxes, but damn... it keeps me up at night.
Understandable. All of it frequently makes me think of the final scene in Fight Club🐸
the sale agreement should be at the moment of sale. will take a few days for funds to be sent from buyer to seller. then CS cuts you a check and within two weeks should be in your mailbox.
once deposited funds should be available in 3 days. waiting 3 weeks to buy anything is what it is.
fib spiral puts it at around $3000 a share.
AMC conservative price is $1400 a share.
target date as per fractals is Jan 25 - Feb 15.
AMC required to stay below $13 to maintain pattern till then. if pop to $45 and up happens before, Oct 2024 next bull cycle. Price should drop back to $9 range.
so, everyday MOASS tomorrow till happens. just know, the money HFs are using to pay us is 401ks and pension funds. when this happens, check on loved ones. watch bond market and reverse repo. liquidity fairy lives there.
Oh wow. That's probably all very helpful info, thank you, & I was able to glean some of it after looking up phrases/acronyms🐸 Sad to say, I need the ELI5 version when it comes to anything with stocks. In other words, I bought it... Yay. Going to plan to book over the phone with CS. Then I'm going to leave it alone. I just didn't know how the book thing changes the (hopefully simple) process when I want to sell it later.
just putting this here
https://youtu.be/JpIRkwpvSoM?si=qajkxvSvjc_1UhpE
this is where we are at. late Jan to mid Feb. this guy looks at Fractals. the gme/AMC thing. if you spend your money or not, doesn't matter, but it's a fun show to watch (stock market).
the stock is either squeezing or going to zero. last stock people tried the DRS on was a shell company that closed down before squeeze. there is a chance of a hostile buyout (example: musk vs Twitter).
there are zero guarantees in this.
one more dip, then chop, projected. many of us have been in this for 3 years.
with stocks, watch the patterns. 95% controlled by algo. all hype and negativity is psychological. nothing is real but patterns. it's why after a rise you hear hype. people trying to sell and get out. it's psychological.
play if you want or just watch and cheer for a side. this fight can go on for another year and retail can still lose. with that said, it does look good.
Just put in a buy order…(not a financial advisor)
Yup, don't talk to an "advisor" and your buy order should go through.
I just bought with no issues on fidelity
Take your fiat and convert it into physical silver.
I heard a rumor that Charles Schwab may be on the verge of collapse.
They bought TD.....layoffs are common when companies merge. Don't need all those extra accounting and worthless HR people. Doubt there are any issues with Schwab.
Just used it as an example, but the stock has been underperforming.
I bought some a few week ago from Schwab and it went thru no problem.
Yes, but not because of this.
What happens is that even if you have a cash account, when you ACH money in your broker used to give you "ghetto margin". They know the funds will clear so they gave you early access to the funds to buy stocks.
For certain stocks (or certain people) they act like they are supposed to ask: ACH T+3, then allow buy followed by T+2 for the stock.
If you want instant access to buy, you must wire the money in. Then there are no restrictions.
I wonder exactly & specifically where these orders are coming from; who's giving them, what exactly are the criteria, etc.
I mean; if you have a....$5mm acct? $20mm? with Schwab, they prob wouldn't do this to you.
Just curious exactly what are these criteria & who's making these calls...
Damn asshats.