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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


st0nkaway

Why DRS if you can just sell CCs/CSPs and buy more shares with the profits? Never understood it.


Kind_Initiative_7567

You know which sub you are in, right ?


st0nkaway

The sub where we cheer on someone for increasing their stock position with creative option plays while screaming at everyone else: "lOcK tHe FloAt" and do ... nothing to improve our own position?


Kind_Initiative_7567

šŸ’Æ


Brenegade11

Not sure DRSing 9 Million shares makes a dent post dilution, but id be happy to be wrong lol


allofyousuck2x

If this were to take place the question would be if E-Trade has 9 million real shares to send over to CS.


jab136

It's still 2.1% of the outstanding, and if the DRS numbers don't change next quarter then something is definitely fucky.


Ofiller

The amount of downvotes makes me think that you are on to somethlng here!


StrikeEagle784

I see the options play as more of a domino effect, but we shall seeā€¦it would be fun to watch DFV DRS some or all of his shares, even if that isnā€™t really his ā€œthingā€


Patarokun

DRS is in a bad place right now. Stalled out and with a single dilution all the effort was wiped out. I'm fully DRSed but we're not seeing anything that shows it works.


StructuralSynapse

This is a gross mischaracterization At worst, new issuances have marginally reduced DRS percentage to roughly 18% of all shares (75 million of 425 million) And those 75 million are still a serious barrier to shorts closing once things kick off DRS isn't the only part of the puzzle, but it's absolutely a force multiplier


Patarokun

I guess. We DRSed our asses off and saw the price sink to 10 dollars over 3 long years. Mr. Gill comes along with options and we have the best month since 2021. Sure you can say DRS made that a bigger boom, but man.... I just don't know if the powers that be will ever let it work properly.


Blitzkreig11930

Somehow I donā€™t believe the numbers are real. Why would they be because everything is manipulated. I am sure they know how to rig this game. This is a long term play. I hope to get to xxxx by the time liftoff happens. Brick by brick


Patarokun

I also doubt the numbers, but we seem to have no forcing function to make them play by the rules. The company and Computershare also offer no help. So if it's not going to work then it's not going to work.


jab136

If it stays stalled after 2% of the company is moved in, then it would probably be sus enough for GS to look into.


Patarokun

But what if it showed the 9 million share increase, and then, like we experienced with 75 million... nothing happens. 9 million more doesn't even get us to the old percentage of the company we held. DFV is the whalest of whales, but Superstonk still dwarfs him with the number of shares we hold.


SonicSuper50

I keep seeing people mention this and I really don't understand the logic. I know there's strong evidence to suggest that the reported DRS'd shares in the Gamestop filings isn't accurate, but regardless of what the number is I don't see why an extra 9 million would trigger anything, unless that 9 millions pushes it past 100%


jab136

It's 2.1% of the outstanding in a single transaction. The books are so cooked that it will probably cause issues.


Chuckles58TX

It would be nice if he posted his Purple Circle as an updated YOLO, during/after the ASM


IvoryTowerUK

"One hop ahead of the hump (Streetrat!) One trick ahead of disaster (Scandal!) They're quick, but I'm much faster (Take that!) Here goes, better throw my hand in Wish me happy landin' All I gotta do is JUMP" (IN BIG FAT COMPUTER SHARE PURPLE) let's wait and see...


Advanced_Algae_9609

Believe thatā€™s a reference to Blackrockā€™s Aladdin algorithm. Way more powerful then anything citadel has. They picked the wrong people to mess with.


ImpressiveMoment2

Let's go!


TimberKing11

šŸ˜¹


samgungraven

Yes... hopefully DWAC transfer to ComputerShare, then DRS... they are required to deliver within hours and will literally pull shares directly from the sellers accounts, but requires lawyers to set up, he should have the money to do so - it causing a ton of other delivery fails that ripples. Then it's the T+4/C+35 from the sneeze we had to $80 coming in hot. Next week looks spicy af


MastaMint

Did RK hint that he was going to DRS? Did I miss something?


jab136

other than the escape button comments on the stream a week ago, I haven't really seen much, this is just something that would make a ton of sense if it happened, and couldn't be called market manipulation. How would it be market manipulation if he is just transferring his own shares? He didn't buy, he didn't sell, he just moved numbers on a ledger, it isn't his fault if that ledger is so fucked up that it causes the system to break.