lovetoburst

joined 1 year ago
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23
DRS count timeline (to 12/8/2023) (lemmy.whynotdrs.org)
 

Short version:

Date DRS count Source
10/30/2021 20,800,000 Form 10-Q
1/29/2022 35,600,000 Form 10-K
4/30/2022 50,800,000 Form 10-Q
5/26/2022 47,016,408 List of stockholders
7/30/2022 71,300,000 Form 10-Q
8/15/2022 72,500,012 Whale #1 DRS'd 1,200,012 shares
10/29/2022 71,800,000 Form 10-Q
3/22/2023 76,000,000 Form 10-K
4/21/2023 76,265,982 List of stockholders
6/1/2023 76,600,000 Form 10-Q
6/20/2023 75,329,434 Mainstar rugpull -1,270,566
8/31/2023 75,400,000 Form 10-Q
11/30/2023 75,400,000 Form 10-Q

Long version:

Date Shares Comparing to previous date Filing Notes
10/30/2021 10-Q 5,200,000 (x4 = 20,800,000 DRS) "As of October 30, 2021, 5.2 million shares ... were directly registered with our transfer agent, ComputerShare."
1/29/2022 10-K 8,900,000 (x4 = 35,600,000 DRS) +14,800,000 DRS over 91 days "As of January 29, 2022, 8.9 million shares ... were directly registered with our transfer agent, ComputerShare."
4/30/2022 10-Q 12,700,000 (x4 = 50,800,000 DRS) +15,200,000 DRS over 91 days "As of April 30, 2022, 12.7 million shares ... were directly registered with our transfer agent."
5/26/2022 list of stockholders Total shares: 76,129,034 (x4 = 304,516,136) !! Owned by Cede: 64,374,932 (x4 = 257,499,728) !! Implied Non-Cede: 11,754,102 (x4 = 47,016,408 DRS) -3,783,592 DRS over 26 days
7/30/2022 10-Q 71,300,000 DRS +24,283,592 DRS from 5/26/2022 list of shareholders (over 65 days) or +20,500,000 DRS from 4/30/2022 10-Q (over 91 days) "As of July 30, 2022, 71.3 million shares ... were directly registered with our transfer agent."
8/15/2022 Whale #1 DRS'd 1,200,012 shares 72,500,012 DRS
10/29/2022 10-Q 71,800,000 DRS +500,000 DRS over 91 days (5,494 per day) "As of October 29, 2022, 71.8 million shares ... were directly registered with our transfer agent."
3/22/2023 10-K Owned by Cede: ~228,700,000 !! Non-Cede: ~76,000,000 DRS +4,200,000 DRS over 144 days (29,166 per day) "Excluding the approximately 228.7 million shares ... held by Cede & Co on behalf of the Depository Trust & Clearing Corporation, approximately 76.0 million shares of ... were held by record holders as of March 22, 2023."
4/21/2023 list of stockholders Total shares: 304,717,022 !! Owned by Cede: 228,451,023.9 (+16) !! Non-Cede shares: 76,265,982.1 DRS +265,982 DRS over 30 days (8,866 per day)
6/1/2023 10-Q Owned by Cede: ~228,100,000 !! Non-Cede: ~76,600,000 DRS +334,018 DRS over 41 days (8,146 per day) "Of those outstanding shares, approximately 228.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 76.6 million shares ... were held by registered holders with our transfer agent as of June 1, 2023."
6/20/2023 Mainstar rugpull Minus 1,270,566 DRS shares
8/31/2023 10-Q Owned by Cede: ~229,800,000 !! Non-Cede: ~75,400,000 DRS -1,200,000 DRS over 91 days "Of those outstanding shares, approximately 229.8 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 75.4 million shares ... were held by registered holders with our transfer agent as of August 31, 2023."
11/30/2023 10-Q Total shares: 305,514,315 !! Owned by Cede: ~230,100,000 !! Non-Cede shares: ~75,400,000 DRS 0 DRS over 91 days "Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 75.4 million shares ... were held by registered holders with our transfer agent as of November 30, 2023."

Discussion points:

  • It seems "odd" on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems "odd" on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown has reduced investor purchasing power.
  • Whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
17
12/8/2023 GameStop (GME) Estimated DRS count: 75,532,193 (lemmy.whynotdrs.org)
 

12/8/2023 Estimated DRS count: 75,532,193 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 75,532,193 12/8/2023
Non-DRS - 200k acct 25% stuck in IRA 18,883,048 12/8/2023
Other 62,708,048 12/8/2023
  • Total Outstanding on 11/30/2023: 305,514,315 (10/12/2023 was 305,241,294)
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown has reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

10
Is it possible to view the GameStop HQ list of stockholders twice a year? (lemmy.whynotdrs.org)
submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]
1 comments fedilink
 

Was having fun reading: https://www.reddit.com/r/Superstonk/comments/18do2h3/this_totally_blew_my_mind/

In reference to 6days1week: https://twitter.com/6days1week/status/1732795611349418472?t=cEYTlwljKAsyR7f9j2rHQw&s=19

Hate to bring it up for those that made one trek to GameStop HQ. But is it possible to view the GameStop HQ list of stockholders twice a year? Visit late May and mid/late June? Would then have 2 additional DRS data points each year.

Was wondering why the cutoff dates were the way they were. Why Thursday 5/26/2022 and Friday 4/21/2023?

I think the 2023 visit was in May, so I wonder if a shareholder visited in June, would they have gotten a late May report rather than April's data?

Date Source
10/30/2021 Form 10-Q
1/29/2022 Form 10-K
4/30/2022 Form 10-Q
5/26/2022 List of stockholders
7/30/2022 Form 10-Q
10/29/2022 Form 10-Q
3/22/2023 Form 10-K
4/21/2023 List of stockholders
6/1/2023 Form 10-Q
8/31/2023 Form 10-Q
11/30/2023 Form 10-Q
24
12/1/2023 GameStop (GME) Estimated DRS count: 76,261,272 (lemmy.whynotdrs.org)
 

12/1/2023 Estimated DRS count: 76,261,272 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 76,261,272 12/1/2023
Non-DRS - 200k acct 25% stuck in IRA 19,065,318 12/1/2023
Other 61,523,678 12/1/2023
  • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems "odd" on some of the DRS count fluctuations since the beginning.
  • It seems "odd" on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown has reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflating DRS shares 9 to 12 months back, then draining their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. If say average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

1,200,000 / 14 = 85,714 shares * 6 = 514,284

The 6 recurring buys alone should add 514,284 DRS shares.

22
11/24/2023 GameStop (GME) Estimated DRS count: 76,178,920 (lemmy.whynotdrs.org)
 

11/24/2023 Estimated DRS count: 76,178,920 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 76,178,920 11/24/2023
Non-DRS - 200k acct 25% stuck in IRA 19,044,730 11/24/2023
Other 61,626,618 11/24/2023
  • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems "odd" on some of the DRS count fluctuations since the beginning.
  • It seems "odd" on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown has reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflating DRS shares 9 to 12 months back, then draining their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. If say average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

1,200,000 / 14 = 85,714 shares * 6 = 514,284

The 6 recurring buys alone should add 514,284 DRS shares.

20
Latest number of Computershare accounts (lemmy.whynotdrs.org)
 

redditor dminvesta with the 217,xxx high score. Via https://www.reddit.com/r/Superstonk/comments/180s1wn/are_we_still_doing_this_holder_account_number/

Date Computershare Accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
11/21/2023 217,xxx
Welcome to Lemmy, PPshow subscribers! in c/[email protected]
[–] [email protected] 4 points 10 months ago (3 children)

Hey @[email protected] , Did you get any malware warning when clicking on the Subscribe button for The PPShow @ lemmy.world?

Probably just my Malwarebytes being picky:

  • Potential threat blocked: The following website appears malicious: lemmy.today

Did a site scan online of lemmy.today via: https://sitecheck.sucuri.net/

Results:

Website Malware & Security

  • No malware detected by scan (Low Risk)
  • No injected spam detected (Low Risk)
  • No defacements detected (Low Risk)
  • No internal server errors detected (Low Risk)

Website Blacklist Status

  • Domain clean by Google Safe Browsing
  • Domain clean by McAfee
  • Domain clean by Sucuri Labs
  • Domain clean by ESET
  • Domain clean by PhishTank
  • Domain clean by Yandex
  • Domain clean by Opera

Hardening Improvements: Protection: No website application firewall detected. Please install a cloud-based WAF to prevent website hacks and DDoS attacks.

Security Headers: Missing security header for ClickJacking Protection. Alternatively, you can use Content-Security-Policy: frame-ancestors 'none'.

Affected pages:

Missing security header to prevent Content Type sniffing. Affected pages:

Missing Strict-Transport-Security security header.

Whois on lemmy.today:

Raw Whois Data

  • Domain Name: lemmy.today
  • Registrar WHOIS Server: whois.namecheap.com
  • Updated Date: 2023-06-11T15:11:22Z
  • Creation Date: 2023-06-06T15:10:39Z
  • Registry Expiry Date: 2024-06-06T15:10:39Z
  • Registrar: NameCheap, Inc.
  • Registrant Name: REDACTED FOR PRIVACY
21
11/17/2023 GameStop (GME) Estimated DRS count: 76,070,216 (lemmy.whynotdrs.org)
 

11/17/2023 Estimated DRS count: 76,070,216 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 76,070,216 11/17/2023
Non-DRS - 200k acct 25% stuck in IRA 19,017,554 11/17/2023
Other 61,762,498 11/17/2023
  • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems "odd" on some of the DRS count fluctuations since the beginning.
  • It seems "odd" on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown has reduced investor purchasing power.
  • Whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - possible there have been forces inflating and draining their DRS shares, spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - possible something funny with SEC filing reported number.
11/10/2023 GameStop (GME) Estimated DRS count: 76,038,774 in c/[email protected]
[–] [email protected] 2 points 10 months ago (1 children)

I'd hazard a guess that we're well past Other of 61,801,800 shares in brokerages.

If only 200,000 Computershare accounts hold 76,038,774 plus non-conservative 50% additional stuck in IRAs (38,019,387) = 114,058,161 shares

Number of retail holders (non-Computershare account) Number of shares Total shares
2,000,000 50 100,000,000
4,000,000 50 200,000,000
2,000,000 100 200,000,000
2,000,000 150 300,000,000
2,000,000 200 400,000,000
2,000,000 250 500,000,000
2,000,000 300 600,000,000
2,000,000 350 700,000,000
4,000,000 175 700,000,000

I don't think it'd be a stretch to say 4,000,000 retail holders each hold 50 shares = 200,000,000

29,138,064 + 33,999,059 + 32,373,815 + 14,339,510 + 38,540,578 + ~60,000,000 reported short + 114,058,161 + 200,000,000 = 522,449,187

If 4,000,000 hold 175 shares = 700,000,000. 522,449,187 + additional 500,000,000 = 1,022,449,187

8
11/10/2023 GameStop (GME) Estimated DRS count: 76,038,774 (lemmy.whynotdrs.org)
 

11/10/2023 Estimated DRS count: 76,038,774 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 76,038,774 11/10/2023
Non-DRS - 200k acct 25% stuck in IRA 19,009,694 11/10/2023
Other 61,801,800 11/10/2023
  • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
  • Free float on 9/11/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • Added Larry +6000 and Alain +15000 to Insiders number on 9/11/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
What if a publicized DRS count of >76M actually breaks the math? What if ALL of the "Cede" quarters are actually hiding a massive increase in DRS (and implicating the DTCC in the process)? in c/[email protected]
[–] [email protected] 8 points 10 months ago (2 children)

Further ruminating, using very conservative numbers.

Not even using 200,000 Computershare accounts. Say just 100,000 accounts.

Is it a stretch to say 100,000 accounts DRS 5 shares a month? 100,000 x 5 shares a month x 3 months = 1,500,000 a quarter

5 shares a month * $22 avg = $110 a month * 3 months = $330 a quarter

Or only 1 to 3 shares a month for 200,000 accounts:

  • 1 share a month = 600,000 a quarter
  • 2 shares a month = 1,200,000 a quarter
  • 3 shares a month = 1,800,000 a quarter
What if a publicized DRS count of >76M actually breaks the math? What if ALL of the "Cede" quarters are actually hiding a massive increase in DRS (and implicating the DTCC in the process)? in c/[email protected]
[–] [email protected] 3 points 10 months ago (2 children)

It seems the underlying question is if the DTCC has any effect on what Computershare provides GameStop for the DRS numbers.

I'm assuming Computershare the transfer agent keeps its own share count and provides the information to GameStop.

  • Computershare -> GameStop

Assuming there is no DTCC step where the DTCC tells Computershare what's on DTCC side, so Computershare has to fudge their numbers to match, then tell GameStop.

Has there been any information that shows the flow of share count data is:

  • DTCC -> Computershare -> GameStop

If we include the non-official DRS numbers with the official GameStop SEC filings:

Date DRS in Millions Notes
10/30/21 20.80 SEC filing
01/29/22 35.60 SEC filing
04/30/22 50.80 SEC filing
05/26/22 47.01 List of stockholders
07/30/22 71.30 SEC filing
10/29/22 71.80 SEC filing
03/22/23 76.00 SEC filing
04/21/23 76.26 List of stockholders
06/01/23 76.60 SEC filing
06/20/23 75.33 Mainstar rugpull -1,270,566
08/31/23 75.40 SEC filing

The May 2023 visit to GameStop HQ for the 04/21/23 list of stockholders numbers:

Using your numbers:

  • 10/29/22 71.80
  • 03/22/23 103.2382 - would be like 31.4 million shares times $25 average = $785,000,000
  • 06/01/23 114.7828 - like 11.54 million shares times $21 average = $242,340,000
  • 08/31/23 129.5794 - like 14.8 million shares times $22 average = $325,600,000

From a dollar amount $1,352,940,000 / 200,000 Computershare accounts = $6,765 each / $22 avg = +308 shares each over 10 months (31 shares a month).

Plausible, but it may be tough for the average holder to spend $676 a month on GME shares. And without the whales buying as much as they initially did, it skews the numbers down too.

21
11/3/2023 GameStop (GME) Estimated DRS count: 76,001,763 (lemmy.whynotdrs.org)
 

11/3/2023 Estimated DRS count: 76,001,763 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 76,001,763 11/3/2023
Non-DRS - 200k acct 25% stuck in IRA 19,000,441 11/3/2023
Other 61,848,064 11/3/2023
  • Total Outstanding on 8/31/2023: 305,241,294
  • Free float on 9/11/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • Added Larry +6000 and Alain +15000 to Insiders number on 9/11/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
19
10/31/2023 GameStop (GME) Estimated DRS count: 75,964,726 (lemmy.whynotdrs.org)
 

10/31/2023 Estimated DRS count: 75,964,726 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 75,964,726 10/31/2023
Non-DRS - 200k acct 25% stuck in IRA 18,991,182 10/31/2023
Other 61,894,360 10/31/2023
  • Total Outstanding on 8/31/2023: 305,241,294
  • Free float on 9/11/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • Added Larry +6000 and Alain +15000 to Insiders number on 9/11/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
32
Latest number of Computershare accounts (lemmy.whynotdrs.org)
submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]
2 comments fedilink
 

From: https://www.reddit.com/r/Superstonk/comments/17ftex7/the_number_of_new_high_score_posts_is_too_damn/

redditor concerned_citizen128: "Yeah! I can increment this, as I just got another CS letter the other day...! I've got 2163xxx"

Date Computershare Accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
22
10/20/2023 GameStop (GME) Estimated DRS count: 75,839,739 (lemmy.whynotdrs.org)
 

10/20/2023 Estimated DRS count: 75,839,739 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,138,064 9/8/2023
MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
Other Institutional Ownership 32,373,815 9/8/2023
Insiders Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 75,839,739 10/20/2023
Non-DRS - 200k acct 25% stuck in IRA 18,959,935 10/20/2023
Other 62,050,594 10/20/2023
  • Total Outstanding on 8/31/2023: 305,241,294
  • Free float on 9/11/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
Shills out in full force. "DRS is over, sell now ask questions later." in c/[email protected]
[–] [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.

9/15/2023 GameStop (GME) Estimated DRS count: 75,521,650 in c/[email protected]
[–] [email protected] 2 points 1 year ago

From Richard Newton’s google surveys. I’ll have to go through his recent videos–thought he mentioned 30-50% stuck in IRA accounts, etc but will double check.

9/15/2023 GameStop (GME) Estimated DRS count: 75,521,650 in c/[email protected]
[–] [email protected] 3 points 1 year ago (5 children)

Depends on your definition of stagnation. DRS is around 5,405 shares a day since 6/20/2023 Mainstar rugpull of -1.27 million shares.

The 38.54 million shares of Cohen, Nir, Alain, Lawrence, James, Xu, and Moore are either purchased in the market or granted from I believe the GameStop share pool. I think this pool's number is listed somewhere in a SEC form.

From the last Form 10-Q the last 3 months ended July 29, 2023 the number of outstanding shares increased 600,000. For last 6 months it increased 700,000. Stock vests around the shareholder meeting. Something like 8,772 shares granted to each board member. And they've been awarding longer term store employees with shares the past year or so.

Others can explain number of shares far better than me. I think there were a couple reddit posts over the summer looking into the amount of shorts and shares over the outstanding.

lawsondt's Bloomberg data post lists institutions holding GME. The usual suspects lending millions of shares out.

9/15/2023 GameStop (GME) Estimated DRS count: 75,521,650 in c/[email protected]
[–] [email protected] 2 points 1 year ago (1 children)
  1. @[email protected] 's post near the end explains Insiders Stagnant.
  2. From Richard Newton's google surveys. I'll have to go through his recent videos--thought he mentioned 30-50% stuck in IRA accounts, etc but will double check.
Computershared.net and some thoughts in c/[email protected]
[–] [email protected] 7 points 1 year ago* (last edited 1 year ago)

August 15, 2023 SS post: https://www.reddit.com/r/Superstonk/comments/15s0c2e/happy_13f_filing_day_apologies_for_quality/ I haven't gone through the numbers on the screenshots, and I think someone mentioned one page was missing.

Old notes from DRSyourGME:

5/18/2023 numbers from lawsondt's compilation:
  • Outstanding Shares: 304,717,030
  • ETFs: 29,268,180
  • MFs, Index Funds, Pension Funds, etc.: 35,394,217
  • Other Institutional Ownership: 46,228,722
  • Insiders: 38,482,026
  • Insiders Stagnant: 13,961,696

\

Then 6/13/2023 numbers after known adjustments:
  • Outstanding Shares: 304,717,030 -> 304,751,243 Shares outstanding as of June 1, 2023 GameStop Form 10-Q
  • ETFs: 29,268,180
  • MFs, Index Funds, Pension Funds, etc.: 35,394,217
  • Other Institutional Ownership: 46,228,722
  • Insiders: 38,482,026 -> +10,000 +5,000 +190,638 +253,204 = 38,985,868
  • Insiders Stagnant: 13,961,696


8/15/2023 look again for free float number:
Free float: 304,751,243 - 29,268,180 - 35,394,217 - 46,228,722 - 38,985,868 - 13,961,696 = 140,912,560

8/23/2023 Estimated DRS count: 77,089,291
8/23/2023 Estimated DRS count minus 1,270,566 Mainstar rugpull shares: 75,818,725

8/11/2023 GameStop (GME) Estimated DRS count: 77,042,333 (or 75,771,767 when -1.2 million Mainstar shares) in c/[email protected]
[–] [email protected] 6 points 1 year ago (3 children)

There probably still is "something funny" going on. There is still the unexplained weird jumps up/down in DRS numbers since we first started:

I think we're still chipping away the last 2 quarters and this coming quarter. Without some whales adding a large chunk this quarter, it looks like averaging around 6,150 DRS a day.

And we had the Mainstar rug pull. Odd timing on that.

And many ETFs containing GME still getting smashed into the dirt with piles of FTDs.

8/4/2023 GameStop (GME) Estimated DRS count: 76,995,315 (or 75,724,749 when -1.2 million Mainstar shares) in c/[email protected]
[–] [email protected] 4 points 1 year ago (1 children)

A few redditors have noticed where users do a drsbot reset, their share count goes to 0, then they try to re-add their shares. But then no drsbot witnesses approve their shares. Or the person doesn't want to go through the approval process again. So we see share count go down like 34,000 or a few thousand shares, but then never get added back.

I manually fixed the #1 whale's 1.3 million share count. Then this past week started adding back the 34,000+ shares of another whale. I'm too lazy to go through every DRS post looking for discrepancies where smaller amounts of shares don't get added back. :\

8/4/2023 GameStop (GME) Estimated DRS count: 76,995,315 (or 75,724,749 when -1.2 million Mainstar shares) in c/[email protected]
[–] [email protected] 4 points 1 year ago

Long ago I had wished they joined forces to create a single DRS counter/scraper. Seems though having multiple DRS counters worked out in the end.

I see jonpro03 made a couple posts/comments since end of May, so I'm sure he's still lurking. :)

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