The Dog Days Are Over: RoaringKitty Returns, Emoji Timeline, FREEDOM
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (19)
sorted by:
If your broker holds your shares, they aren't actually there. They lend your shares out. The day they cannot find shares for you to sell, you'll miss moass because they played hot potato with a couple shares between millions of people.
If you DRS it means the shares are LOCKED DOWN with your name on them, and they aren't just IOUs from a broker, they are in cold hard storage ready for you to do as you please with.
It's like owning paper gold, vs having physical gold in your safe. Which one do you trust more? The cold hard metal? Or an IOU from a shady broker
Thanks, fren!
How long does it take to DRS?
Eh it varies , but maybe a week or two depending on how fast you get mail. Better to start the process now, than to wait, and possibly miss moass because your broker couldn't locate shares when shorts are desperately trying to find them too.
Oh I agree. I meant to get the shares processed to get them in the mail, not actually receiving them.
Oh, yeah you gotta confirm your address and whatnot with a physical letter, and then you can log in to transfer or buy through CS. So about a week, two most