I have DRS shares in a standard brokerage account (after tax), but I also have a bunch through a 401k Brokerage account that I'm allowed to invest how I like.
Do the 401k brokerage accounts usually let you DRS those shares also?
I believe it is possible through certain brokers. I don’t have a direct answer, however if you research ‘DRS IRA GME’ or similar, you’ll turn up some results. I think there was a walkthrough by some GME (game-stop) folks someplace.
The walkthrough had some paperwork hoops to jump through for sure, but I believe it was legal/ doable.
We already found out that it's pretty much impossible to DRS shares in an IRA without spending thousands to set up an LLC. The Mainstar Trust debacle taught us that.
Search DRS GME - you’ll do fine - much is out there on direct registration of shares to your name (vs a brokerage) in order to lessen the effects of naked short selling.
I'm not familiar with the details of these companies but when your company goes public, banks buy most of the shares so you lose control of the company but you get tons of money out of it.
Wow, is that even legal for the judge to be able to do that after he already made his ruling?? Sounds like they are really trying to wake people up with that stunt.
Nice!!!!
Everybody: push to DRS shares.
Here's a dumb question:
I have DRS shares in a standard brokerage account (after tax), but I also have a bunch through a 401k Brokerage account that I'm allowed to invest how I like.
Do the 401k brokerage accounts usually let you DRS those shares also?
Not a dumb question at all.
I believe it is possible through certain brokers. I don’t have a direct answer, however if you research ‘DRS IRA GME’ or similar, you’ll turn up some results. I think there was a walkthrough by some GME (game-stop) folks someplace.
The walkthrough had some paperwork hoops to jump through for sure, but I believe it was legal/ doable.
We already found out that it's pretty much impossible to DRS shares in an IRA without spending thousands to set up an LLC. The Mainstar Trust debacle taught us that.
Thx. for the clarification.
If you find something, please post it
LEO DRS?
Someone please teach me.
Search DRS GME - you’ll do fine - much is out there on direct registration of shares to your name (vs a brokerage) in order to lessen the effects of naked short selling.
Thanks amigo
Judge Engoron: "Four billion, you say??" ::rubs hands together::
Now acquire CNN.
nah, let that shit go bankrupt then buy the infrastructure.
this is old news at this point
I don't understand how that makes him $4B richer. Can someone show the math?
It's the number of shares of DWAC that Trump owns times the current stock price. Trump owns over 70% of DWAC.
I'm not familiar with the details of these companies but when your company goes public, banks buy most of the shares so you lose control of the company but you get tons of money out of it.
The fine has been retroactively updated to $3.55 billion.
Wow, is that even legal for the judge to be able to do that after he already made his ruling?? Sounds like they are really trying to wake people up with that stunt.
No, it wouldn't be legal, I was being facetious given the absurdly high initial penalty.
ha! a mere 87thou fine, chick feed I say.
Don't let that corrupt Judge Engoron know this, He will increase Trump's retarded illegal fine.