DRS Your GME

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ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago

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Shills out in full force. "DRS is over, sell now ask questions later." (lemmy.dbzer0.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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DRS numbers are based on Cede & Co from now on.

We do NOT know the true DRS count as GameStop will never directly implicate Cede in a crime, nor would Cede ever send a bigger number than they should.

People saying the movement has "fissiled out" are intentionally misleading you. Lemmy is filled to the brim with inorganic anti-GME rhetoric. Esp Lemmy.world content (anti-GME, anti-DRS, anti-NFT, anti tokenized securities)

We're at upwards of 85-90M DRS per the bot which has been incredibly accurate so far.

I was correct that this quarter would "barely move" upward. We're at the CUSP of the math not mathing out on Cede's end.

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[–] [email protected] 3 points 1 year ago (1 children)

Whoops, I think you may be misinterpreting the spreadsheet and graph I put together. I'll rename the labels some and pick a less "Computershare purple" color in this week's graph to clarify more.

I wanted to highlight that just 200k Computershare accounts owned 75.5 million DRS shares. And these 200k CS accounts also have a conservative 25% more shares stuck in IRA accounts (not DRS'd). So 75.5 million DRS'd and 18.9 million stuck in IRA accounts. Rather than 85-90 million DRS'd in Computershare.

I was trying to convey that just 200k CS accounts hold 75.5 million DRS and 18.9 million in IRA accounts. And the "remaining 62 million shares" likely doesn't add up if we think about the total number of retail brokerage, margin, and IRA accounts holding GME.

[–] [email protected] 3 points 1 year ago

I want to point out I definitely didn't mean to point it your way.

I appreciate the effort you put into that!