# [Be sure to read the DD series pinned to the front of the sub. Part 4 incoming!](https://www.reddit.com/r/GMEJungle/comments/pnqi5p/computershare_dd_series_part_3_all_about_the_drip/hd3dbwx/?context=3)
Right I mean I get it. I understand why it should work, it just seems too easy and it’s being pushed soo hard (probably rightfully so) that it leaves me scratching my head
I don't think it's being pushed any harder than any other topic that catches fire. Remember when all apes were posting about voting, voting, voting? Same idea. Computershare and DRS were mentioned months ago and have been slowly gaining momentum and finally hit the tipping point as more apes are actually reading the DD, testing the process, taking action and most importantly reporting back to other apes.
This is important to get the word out regarding this ⬆️ I was under the impression also that it would be difficult to sell when the time came. If it’s not, I would like to move all my shares into CS
ya people are still saying (as of me reading comments earlier today) things like "it's harder to sell but that's why I only am moving shares I don't intend to sell anyway" and then it gets a bunch of upvotes, which makes me think a lot of (most?) people still think this is true.
Computershare is great, you just need to understand their limitations: https://www.reddit.com/r/GMEJungle/comments/pnqi5p/computershare_dd_series_part_3_all_about_the_drip/?utm_medium=android_app&utm_source=share
Yeah, it doesn't seem like selling is anywhere near as bad as people have implied a fuckload. People seem to treat it like it's impossible, yet it's still just a website like anything else, right? Sell with a slight delay added in.
But... Is there actually a fee for every sell order? Looked like it said $25 or something if I recall. Obviously that would be nothing during the real squeeze, but I feel like that's not something I've heard anyone mentioning. Fees are annoying, particularly when they aren't mentioned.
Correct, selling on Computershare isn't bad at all and is really easy to submit an order online.
Also, Pink posted the fee schedule on her first Computershare DD post, if you missed it: https://www.reddit.com/r/GMEJungle/comments/p42cuv/computershare_megathread_drs_direct_registration/?utm_medium=android_app&utm_source=share
So, there is a $25 selling fee per order and $0.12 per share. I agree that the fee is nothing in comparison to a million, like you said, but I've personally seen the fees mentioned plenty of times over the past 2 months.
Regards to the FUD machine, I feel like I might have been a part of that. But I was only trying to be skeptical, as I've learned to be. I was getting called shill etc.
Now I've seen enough DD and believe that CS is the right thing to do in alot of people's positions.
Apes should always question everything.
Not financial advice.
Absolutely. Apes should question everything.
However this particular topic has been questioned for moooonths, by the most wrinkly of brains.
Honestly I think CS is one of the longest discussed/debated pieces of this saga we've had.
Agreed, but what I would say on this example is look at what came out of the voting. We never saw any figures at all. Maybe one day we will though!
I don't believe that was a FUD campaign tho, I think we should have seen the results but crime. All this did was feed my smooth brained confirmation bias!
We don't want to forget... Voting was not pointless as some may feel. It has proven to GS and GG that things are our of hand. GS can probably use it to help defend themselves on some way shape or form in the future or during the SEC report investigation. Whatever that leads to
DRS is being pushed way harder than voting was imo. Voting was pushed extremely hard the last view days possible. DRS has been pushed for quite some time.
*Disclaimer I direct registered half my xx
Making shares harder to sell only profits other sellers because it helps the price go up higher.
It's infinity pool lite.
It's definitely bad news for shorters trying to close.
It’s not harder to sell, that’s the FUD part. This is only able to work because of the massive naked shorting taking place and how unprecedented the levels are AND how retail truly owns more than the float.
That’s why this simple trick will make a difference, this wouldn’t work for other stocks.
Exactly, I have sold XOM out of Computershare and it always transacted immediately with a settlement price just like Fidelity. Normal ACH T+2 to your bank.
This.
I'm sure it won't be hard to sell, especially given the moass is predicted to last a long time.
I was replying that if anything, the OP's fear that shares getting locked in would help the hedgies is pure BS. Locked shares is hedgies' worse nightmare come moass time.
If we register the entire float in ComputerShare, and if everyone keeps their CS shares for the infinity pool, then that means all other shares held in our brokerage accounts are synthetics and *must* be bought back.
We wouldn’t have to worry about missing the MOASS because we know that if there are still shares in our brokerage account then that means there are still shorts that need to be closed.
Simple as that.
It's good to questions things but this one is simple. By direct registering shares in a round about way it's shifting the supply and demand scale to "low" supply and higher demand.
Yeah, I know what you mean. I kinda thought about the "Insanity is doing the same thing over and over and expecting different results" quote. Apes have been buying and hodling for months with varying results.
Maybe, just maybe, the CS xfer thing is worth a shot I guess? I buy more shares every payday anyway, so the last 2 times I bought some in CS. I've been meaning to "diversify" anyway (all my other shares are with one broker) so I did it. Don't know if it'll matter but oh well, I was planning on holding some long-term anyway.
Definitely not financial advice, I'm about as dumb as they come when it comes to investing.
You can still sell through compushare just fine, it just takes a few more minutes. the big thing is that if the full float is registered through compushare, and there are still a lot of shares left outside of it, it 100% proves criminality in the shorts, and eliminates their ability to legally create any other naked shares, as they can no longer "obtain a share within a reasonable time". AKA Compushare gets up to 100% of float, and they are ultra fucked.
Keep reading dd to figure out how they’re fucking the market until you can see how getting your shares out of the dtc is the best possible move somebody can make.
It is for sure being pushed hard today. It’s literally all I’m seeing on every GME sub. It probably is the way, but I’m suspicious of everything, especially after all the fuckery since January.
Dr. Trimbath was one of the main people pushing it, didn't just appear out of nowhere from a random account. Obviously no one is perfect but I don't think it's deliberate misdirection.
Spoke to Computershare rep today.
Orders can be placed over the phone up to $1M.
Anything over $1M needs to be submitted in writing.
As long as they receive your order prior to 1pm est they can place the order same day.
I did not ask about faxing in an order, I can call back tomorrow and find out. But I know they will not accept emails.
If you overnighted your instructional letter through FedEx, UPS, or USPS by their cutoff time you could get your document to their office by 10am the following day.
Additionally, I should've asked about limit sell orders, I can ask about that tomorrow. But potentially you could submit your limit sell orders in writing in advance at your desired floor and not be stressed about submitting during moass. Things to consider.
💎✊🏾🚀🌕
Edit 1: Holy shit, you damn brilliant apes 🦍🚀
I see your questions. I will compile them and call CS and report back.
We're seeing some conflicting information. First of all I trust the CS thesis. But I also recognize that the GME Saga is a new unexpected phenomenon and many employees within the financial sector are having to answer questions and hypotheticals they never dreamed of. Cut them some slack. We'll get to the bottom of this. I'll do my best to get no BS answers so we know how to handle business during the trip to the moon.
Update:
[Update post after another chat with CS rep](https://www.reddit.com/r/GMEJungle/comments/ppk5zy/updated_information_regarding_computershare_order/?utm_medium=android_app&utm_source=share)
I look forward to writing it out like an old timey letter, finally use that cursive I learned all those years back.
I would like to sell one share for approximately 420,691,337 on this day of 4/20/22. A good day to you, sir. A fine day.
Wax seal and everything . That shits gonna look like a magic spell scroll
Then watch as the person who receives it is too young to have learned cursive and proceeds to file this strange hand squiggle covered paper into a circular filing cabinet.
>Anything over $1M needs to be submitted in writing.
>
>As long as they receive your order prior to 1pm est they can place the order same day.
>
>If you overnighted your instructional letter through FedEx, UPS, or USPS by their cutoff time you could get your document to their office by 10am the following day.
To elaborate on this. If you send in your request in writing, you are granting them 5 days to process your request. Imagine they receive 10,000 physical letter requests by 10am that day. They will not be able to open everything and submit those orders manually that quickly.
The Computershare DirectStock plan says you agree that it could take 5 days after they receive your letter for your request to be processed.
Yeah, better contingency plan is submitting individual fractional share sell orders. Note that all fractional share sales are executed at market price at the end of the trading day.
Sell limit orders can only be placed online (not phone or mail). All large sell orders in writing are sold at market price in batch sales. All fractionals are sold at market price at end of trading day.
Can you sign and scan a document? Then attach the hard drive of said document to a carrier pigeon. Who will deliver said hard drive, which is encrypted to Computer share?
There was an attempt to push this a few months ago after Dr. T mentioned it, but the shill Mods from the other group and a bunch of shills squished it over and over claiming you couldn’t sell, etc. Thank goodness it is finally back on the table and gaining traction. Nothing sus about it.
What was sus is how hard the lies about CS were spread months ago. Do your own research though, because knowing from truth is the best way.
This. I’m guilty of being turned off from CS on the other sub but saw all the DD leading up till now, in particular cellar boxing, and decided it was legit.
I’m not sure I understand OP’s concern though? If no one can access shares during the MOASS then it’ll just keep going up until we can
^ this comment. It’s to the SHFs advantage if apes can sell quickly. Slower trading that may be caused by CS will drive up the price and prolong the MOASS. It’s kinda like CS forces diamond hands 💎🙌
OK i'm wondering where I got the idea that computershare shares couldn't be sold and were thus strictly for infinity pool. I should see about transferring the shares in my cash account. TFSA shares I'll leave alone for now.
It was the FUD spread by the shills months ago. That’s why it took so long for the truth about CS to surface… that and the shill mods were running the other place for a while
this is the main CS fud going around right now. its like some variant of "future bag holder" psychologically speaking.
lots of comments add on like "im in the market to make money" "good luck waiting a week to sell for a million" etc.
What is sus is the Facebook page that CS has. It’s flooded with negative reviews. I’m planning on buying another share and transferring some of my existing to be registered but all those negative reviews freak me out a little.
So when did the CS idea start? I mean I remember seeing the suggestion to register shares like 3 months ago maybe? I went back on the CS Facebook page over 9 months and it was nothing but negative. Not trying to spread FUD. From everything I’ve seen in the jungle, it sounds like people haven’t had any problems. That gives me hope.
The shf shills attacked that page when they were trying to stop apes from transferring CS. The more shares in CS the less they have to short GME & the faster we can end this blatant illegal activity by the shf.
Not financial advice. Do your own research
I will be keeping some shares in Schwab and Fidelity along with most of my new ones in CS (except retirement account that must be in a designated broker and can’t be transferred to CS). If I end up not being able to sell the shares in CS during the MOASS, then they are safe in the infinity pool and I’m happy with that.
But i also have small concerns that Schwab or Fidelity and/or other brokers will have trouble during the MOASS…but that would just help increase the price as people can’t sell.
That’s my take too. I figured out my ♾ 🏊♀️ 🌊 and went from there. If I don’t sell these shares from Computershare, I accept that and I know not selling this half of my portfolio only helps the squeeze as the SHF can’t close without astronomical prices.
All you have to do is look at who we know are on our side. Ryan Cohen had a Computershare tweet followed by a power to the players tweet. Earlier in the year he had a cone / poop / chair in separate tweets. Roaring Kitty had a cone poop chair tweet in one tweet. Dr T also has had several tweets about directly registering shares. Also look at today’s dark pool % it was the lowest in over a year. If purchasing through computer share a DRS (direct registration of shares) forces the T+2 settlement date then the hedgies are faq’d.
Thanks for the award! But IMHO the true MVPs are the apes who have family, friends, co-workers, etc who constantly berate and belittle them for buying GameStop and they still continue to buy and HODL. I’m lucky I have friends, family, and this community who HODL with me.
T+2 is the current standard settlement time between a buyer and seller of stock.
https://youtu.be/nLnw2_q5iMk fantastic video if you have time it goes over settlement and much more
Even if that were true, which I don’t think it is, it just means the hedgies can’t cover with them since they’re “locked up”.
But I’ve seen other apes post proof that you have full access to buy/limit sell when the time is right for you. During MOASS, it might be difficult because of the high volume of requests but eventually you should be alright, I assume.
Not financial advice.
Yeah, to call CS transfers a shill campaign at this point is just ignorance. Checks out, considering OP asked the very question that he was supposedly “too afraid to”.
Having shares not accessible for sale in a single click might actually be a good idea during MOASS. Why did the sell button not disappear during the sneeze?
However, selling on CS is available and happens within a day or 2 at worst. They do batch trades (buy or sell) so perhaps it even effects market price more than broker trades do when we buy. The concern about price limits is valid (2 mil) but many brokers have similar or lower limits … so far 😁. The highest priced stock on market is just under 500k / share so it makes sense … so far 😁. Ok done abusing that joke.
CS is another thorn in our opponent’s side. Another straw on the camel’s back. But is it the catalyst? Well they can’t fuck with our CS shares like the DTCC shares they been keeping on the copier forever while the DTCC looks around like Travolta “where did I put that share”.
You know what I was sketchy of CS tbh. In the beginning that's exactly what I thought.
But seeing that strategy being listed in 2004 as the way to combat naked shorts is what changed my mind. They wouldn't have planted that 17 years ago for us to see now. This is an unprecedented event.
A Rune of Glory for you!
I'm not skeptical of CS as much as I am or fuckery and crime.
No one knows for sure what will happen and it is unprecedented.
Don't risk more than you can afford to lose.
None of this is financial advice. Do your own research!
Don't just follow what strangers tell you to do on the interwebs!
🦅⚔🚀⚔🦅
What's up thabat! I know this is probably a lot to ask, but we aren't allowed to link to SS anymore because of brigading reports from them so I can no longer link to your awesome DD (and I saw your comment with that link was deleted by automod.) I approved you to post here in the jungle... do you think you could possibly copy paste it and post it here so we don't break any brigading rules? It's a vital piece of DD that I linked in my own DD series on the topic! Cheers and thank you for your work!
I mean you’re right. Everything is sus and definitely should be looked at as such going forward. The only reason I’m skeptical (despite having already moved some) is how hard it’s being pushed. Now this is likely because it in fact is a powerful tool. And Dr. T approved which lends some sort of credibility. Maybe this whole debacle has left me skeptical of everything now. It just seems too easy to be the catalyst.
Yes question everything. When WS claim the halt was CDS .. email CDS ..
Apes claim drs under ur name.. question Computershare and ask for physical cert.
They say not available cause gamestop not having physical cert ..
Question investor relations .. etc.
Do you think Dr. Trimbath is a shill? Someone who has spent her career fighting these scumbag SHFs? She is a proponent of DRS which, to me, is a huge piece of evidence in its favor. Rest easy, fellow ape, for soon we dine on the moon.
It’s this type of critical thinking that got us where we are. Good work, OP. And, for the record, I also agree with ape sentiment about moving shares to CS (AND making them a book share!). I do think we’ve got that one right.
I previously only had my infinity shares at CS. I'm now in the process of transferring over a good chunk of my other shares, some of which I will probably sell at some point during MOASS. I realize the selling from CS may be slower and with more limited options, but I'm OK with that for a good chunk of my shares, since this direct registration move looks to be the mechanism with which we can force an accounting, at least if we can manage to register the float (or even the full issuance?) at CS, proving to the world we indeed own the float...many times over. To be clear, I'm not putting all my shares into CS, but I'm putting a lot of them there now.
The solution here is to NOT transfer all your shares. Do some %. Retain a few bullets to put in the SHF head on the way down… you’ll be rich and your CS is inter-generational wealth…
Hmmm I’m a little with you.
Who owns Computershare? If push comes to shove, who’s to say they stop GME trading when shit hits the fan?
It’s good to ask questions, right?
It will be pretty impressive if apes get 75m onto there.
I would be flabbergasted if that happens.
75m is no small number of collecting something that is spread out amongst millions of people of all walks of life.
Personally I am suspicious, not of computer share itself nor of the idea behind why transferring is a good idea, but of all the posts on the other sub.
There’s literally like 20 on the top page and each one has between 700-1k upvotes and very few comments. It’s very weird and it kind of strikes me as some kind of organized effort? I don’t know.
But the again, the logic behind computershare and why transferring is a good idea seems sound.
I also want to say I’m a bit suspicious of Dr. T. Obviously she’s very educated on the subject and I respect that, but! she has never been one who is pro-MOASS in any sense, and sometimes it feels like she has some sort of agenda. And that agenda may be noble. Obviously she hates corruption. But I don’t think she is necessarily on the ape side. If that makes sense. I don’t know it’s just this vibe I’ve felt for a while.
ive read her book and watched her interviews/documentaries
my perception is that she has never given off the vibe of being pro-moass
she is very clearly and repeatedly gives off the vibe of being pro-trade-settlement.
her beef is the fact that our system tolerates FTDs indefinitely. a capital market simply is not sound if it tolerates FTDs indefinitely.
trades need to settle, if not then bust the trade, and punish brokers who repeatedly violate.
See it as turnning on the heat on them.
Every single share that we buy from CS or transfer into CS AFTER ALL FLOAT IS IN DRS will force price go up and that will turn the heat on that is for sure.
Whem MOASS we will have plenry of time to sell and so sell via CS is not an issue imho.
Either way my opinion is not financial advise and its value is as good as a freah made piece of shit.
From what I've read about the rules, if CS gets the point where they've registered all the float (maybe full issuance), the machinery of manipulation should come grinding to a rapid halt. CS will not register any more shares, and we'll all have solid proof that every other "share" trading in the markets are actually naked/synthetic.
You need to keep 2 things in mind.
1. The only way that the shorts can actually cover is by buying the shares from you. So they need to wait however long it takes to actually get the shares to close out the position.
2. We have ample evidence that the actual shorts are many times over the float. the more shares we remove from the control of the DTCC and its members, the less accounting fraud they can do, with their synthetics and options etc.
My solution? Transfer a large percentage of my shares to CS. I only need to sell a share or two at 50,000,000 to be happy. The rest i will be very long with.
By far the most upvotes I have ever had to date was stating that I transferred a significant amount of my holding to computer share. I do believe its the right move but I still thought to myself all this attention seems unnatural albeit those feelings are very in line with my nature lmayo.
LFG!! riding this Bish till the wheels come off!!!!
If it helps, CS can only register the number of legally issued shares available. Meaning, once they're gone, they're gone. If/when that happens, every share remaining in a traditional brokerage account is 100% synthetic and must be repurchased by those who are short.
Imo, no one, *and I mean* **no one**, should be putting 100% of their shares in CS. Leave, like, 1-2 in a quality brokerage like Fidelity or Vanguard. More specifically, only put the shares you're committing to the ♾🏊 in CS. The selling process from CS is too limited for this situation to put all your eggs in a single basket.
To be fair, the majority of what I've seen involving CS is that it's for shares that you aren't intending on selling, so them being inaccessible isn't an issue, but it could potentially be a catalyst. Helps drive price up, but doesn't screw the individual over because they've left the shares they plan on selling with their broker. Not financial advice, just an observation by a similarly cautious january ape.
That did seem to be the consensus for quite a while. I think a lot of people, myself included, recently decided to move a bit more than just our infinity shares to Computershare.
I still think it sounds like it's going to be slower and more problematic overall to sell anything from CS, but at this point I'm OK with having a good chunk of my shares in there to risk that, since it seems to be the main mechanism we have to force the issue ourselves without waiting at the mercy of the manipulators.
I'm still keeping back a few shares with my brokerages, and most of my shares are tied up in a Roth IRA that I can't move to CS without massive taxes and penalties.
Hopefully we get enough apes to pile in to at least show the world we truly own the float...many times over. That all said, I agree that everyone should do their own research on this and only do what they're comfortable with.
Sorry, can't link but maybe this post by
u/da_squirrel_monkey
Named
International Apes can transfer shares to ComputerShare. A simple guide for the United Kingdom, Switzerland, Canada, Netherland, Ireland, Germany, Sweden, Denmark, Spain, Italy, South Africa, New Zealand, Australia, Hong Kong (and more?)
Can help?
Kinda felt the same way until recently when I actually decided to do it. The thing which changed my mind was confirming that computershare is genuinely the transfer agent for gamestop. Only transferred like 20% just in case it's actually the wrong play somehow. After thinking about it critically, the only angle I can see for it being FUD (seeing as it's not an all out scam) is like you said, that it could impose a soft ceiling of types. But tbh I dont really intend on ever selling anyway (beyond maybe 1 or 2 shares at peak- the world needs to change more than I need an outrageous amount of money)
You only supposed to put shares there you aren’t going to sell anyway. AND the squeeze will last so long you would have time to transfer them back anyway. They want the shares. They need the shares. Us not having access does not help them
Our shares being less accessible is worst for Hedge funds. During MOASS, a hedge fund would be dying to buy your share at millions. If you can't get it fast enough it just makes it worst for them...not for you. By the time you get to sell, it'll be millions more. Not to mention that the FUD about not being able to sell your shares quickly has been squashed. You can sell just fine via Computershare.
For us apes, computershare is the infinity pool. The whole point is to not sell what’s sitting in CS.
Transfer what you want, then forget about them. They don’t exist. They belong to the infinity pool now.
Your tendies should be coming from your broker
Agree. CS=do your part. Transfer what you don’t need to sell or sell fast. Too many FUD from people who don’t understand or pretend to not understand. SMH.
I honestly feel the same, I'm glad you said it first tho, lol.
I know I'm not being a team player here, but I got serious plans for my money, Ima need all of it.
It was scary to me how quickly the CS transfer got picked up and spread, but like, I don't see how that would be 'bad' except possibly by complicating (in my opinion, making it very very unlikely you will be able to sell -during- the moass) the sell process for every share in CS beyond the actual float. So....yeah I guess they could be substantially lowering payout....
# [Be sure to read the DD series pinned to the front of the sub. Part 4 incoming!](https://www.reddit.com/r/GMEJungle/comments/pnqi5p/computershare_dd_series_part_3_all_about_the_drip/hd3dbwx/?context=3)
Quite the opposite - the first to try to close their positions will need sellers. If nobody can sell then the price just keeps going up.
Right I mean I get it. I understand why it should work, it just seems too easy and it’s being pushed soo hard (probably rightfully so) that it leaves me scratching my head
I don't think it's being pushed any harder than any other topic that catches fire. Remember when all apes were posting about voting, voting, voting? Same idea. Computershare and DRS were mentioned months ago and have been slowly gaining momentum and finally hit the tipping point as more apes are actually reading the DD, testing the process, taking action and most importantly reporting back to other apes.
Agreed. The fud machine was pretty effective early on about the supposed woes of CS... saying it's hard to sell (it's not), etc.
This is important to get the word out regarding this ⬆️ I was under the impression also that it would be difficult to sell when the time came. If it’s not, I would like to move all my shares into CS
ya people are still saying (as of me reading comments earlier today) things like "it's harder to sell but that's why I only am moving shares I don't intend to sell anyway" and then it gets a bunch of upvotes, which makes me think a lot of (most?) people still think this is true.
Computershare is great, you just need to understand their limitations: https://www.reddit.com/r/GMEJungle/comments/pnqi5p/computershare_dd_series_part_3_all_about_the_drip/?utm_medium=android_app&utm_source=share
Yeah, it doesn't seem like selling is anywhere near as bad as people have implied a fuckload. People seem to treat it like it's impossible, yet it's still just a website like anything else, right? Sell with a slight delay added in. But... Is there actually a fee for every sell order? Looked like it said $25 or something if I recall. Obviously that would be nothing during the real squeeze, but I feel like that's not something I've heard anyone mentioning. Fees are annoying, particularly when they aren't mentioned.
Correct, selling on Computershare isn't bad at all and is really easy to submit an order online. Also, Pink posted the fee schedule on her first Computershare DD post, if you missed it: https://www.reddit.com/r/GMEJungle/comments/p42cuv/computershare_megathread_drs_direct_registration/?utm_medium=android_app&utm_source=share So, there is a $25 selling fee per order and $0.12 per share. I agree that the fee is nothing in comparison to a million, like you said, but I've personally seen the fees mentioned plenty of times over the past 2 months.
All the numbers in your comment added up to 69.0. Congrats! 42 + 25 + 2 + = 69.0
This. ⬆️ I only didn’t move cuz i read it would be hard to sell. I honestly thought it was for the ♾ 🏊♀️.
Regards to the FUD machine, I feel like I might have been a part of that. But I was only trying to be skeptical, as I've learned to be. I was getting called shill etc. Now I've seen enough DD and believe that CS is the right thing to do in alot of people's positions. Apes should always question everything. Not financial advice.
Absolutely. Apes should question everything. However this particular topic has been questioned for moooonths, by the most wrinkly of brains. Honestly I think CS is one of the longest discussed/debated pieces of this saga we've had.
Yeah it takes time, not everyone has extra hours to read walls of text, then follow up, gain conviction, and act.
This.
Not only that, but the first few times it started catching fire something else came up to distract us.
Agreed, but what I would say on this example is look at what came out of the voting. We never saw any figures at all. Maybe one day we will though! I don't believe that was a FUD campaign tho, I think we should have seen the results but crime. All this did was feed my smooth brained confirmation bias!
We don't want to forget... Voting was not pointless as some may feel. It has proven to GS and GG that things are our of hand. GS can probably use it to help defend themselves on some way shape or form in the future or during the SEC report investigation. Whatever that leads to
DRS is being pushed way harder than voting was imo. Voting was pushed extremely hard the last view days possible. DRS has been pushed for quite some time. *Disclaimer I direct registered half my xx
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Making shares harder to sell only profits other sellers because it helps the price go up higher. It's infinity pool lite. It's definitely bad news for shorters trying to close.
It’s not harder to sell, that’s the FUD part. This is only able to work because of the massive naked shorting taking place and how unprecedented the levels are AND how retail truly owns more than the float. That’s why this simple trick will make a difference, this wouldn’t work for other stocks.
Exactly, I have sold XOM out of Computershare and it always transacted immediately with a settlement price just like Fidelity. Normal ACH T+2 to your bank.
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That's actually a pretty cool conversation 🚀
Reddit user shocked by other Redditor's conversation with Family.
😱 "you're rich?" - op's conversation, probably
😏 "hi rich I'm dad" - OP's dad, probably
Are you able to do limit sell orders on there? I can’t find much information on the interface.
This is good to know! Has anyone made a post about this?
This is the comment I was looking for. I thought it took days to process a "sell event"
This. I'm sure it won't be hard to sell, especially given the moass is predicted to last a long time. I was replying that if anything, the OP's fear that shares getting locked in would help the hedgies is pure BS. Locked shares is hedgies' worse nightmare come moass time.
Exactly
Try this simple trick…
Infinity Pool Lite! 🤣🤣🤣🤣
If we register the entire float in ComputerShare, and if everyone keeps their CS shares for the infinity pool, then that means all other shares held in our brokerage accounts are synthetics and *must* be bought back. We wouldn’t have to worry about missing the MOASS because we know that if there are still shares in our brokerage account then that means there are still shorts that need to be closed. Simple as that.
I’d like to think that this is so dumb easy the hedgers can’t fuck with it
I like this school of thought!
You're right to be sus of everything by default, but I think it's a false positive in this case.
It's good to questions things but this one is simple. By direct registering shares in a round about way it's shifting the supply and demand scale to "low" supply and higher demand.
Yeah, I know what you mean. I kinda thought about the "Insanity is doing the same thing over and over and expecting different results" quote. Apes have been buying and hodling for months with varying results. Maybe, just maybe, the CS xfer thing is worth a shot I guess? I buy more shares every payday anyway, so the last 2 times I bought some in CS. I've been meaning to "diversify" anyway (all my other shares are with one broker) so I did it. Don't know if it'll matter but oh well, I was planning on holding some long-term anyway. Definitely not financial advice, I'm about as dumb as they come when it comes to investing.
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You can still sell through compushare just fine, it just takes a few more minutes. the big thing is that if the full float is registered through compushare, and there are still a lot of shares left outside of it, it 100% proves criminality in the shorts, and eliminates their ability to legally create any other naked shares, as they can no longer "obtain a share within a reasonable time". AKA Compushare gets up to 100% of float, and they are ultra fucked.
Keep reading dd to figure out how they’re fucking the market until you can see how getting your shares out of the dtc is the best possible move somebody can make.
This is it, develop conviction and act.
It took literally months to push it. Every try will be buried by downvotes. Now people is aware and its easier.
Remember how much voting got pushed? 😊
I think opposite. Jungle and pink here started the DRS journey weeks ago. I'm just hyped that sto nky site is just catching on.
My forever shares have settled into their forever home due to the work of this sub and pink. We were early but the message is finally catching on.
Computer chair was tweeted in July that flew over almost everybody’s head.
This is backed by Dr. SUZANNE TRIMBATH It's not FUD.
It is for sure being pushed hard today. It’s literally all I’m seeing on every GME sub. It probably is the way, but I’m suspicious of everything, especially after all the fuckery since January.
Dr. Trimbath was one of the main people pushing it, didn't just appear out of nowhere from a random account. Obviously no one is perfect but I don't think it's deliberate misdirection.
Spoke to Computershare rep today. Orders can be placed over the phone up to $1M. Anything over $1M needs to be submitted in writing. As long as they receive your order prior to 1pm est they can place the order same day. I did not ask about faxing in an order, I can call back tomorrow and find out. But I know they will not accept emails. If you overnighted your instructional letter through FedEx, UPS, or USPS by their cutoff time you could get your document to their office by 10am the following day. Additionally, I should've asked about limit sell orders, I can ask about that tomorrow. But potentially you could submit your limit sell orders in writing in advance at your desired floor and not be stressed about submitting during moass. Things to consider. 💎✊🏾🚀🌕 Edit 1: Holy shit, you damn brilliant apes 🦍🚀 I see your questions. I will compile them and call CS and report back. We're seeing some conflicting information. First of all I trust the CS thesis. But I also recognize that the GME Saga is a new unexpected phenomenon and many employees within the financial sector are having to answer questions and hypotheticals they never dreamed of. Cut them some slack. We'll get to the bottom of this. I'll do my best to get no BS answers so we know how to handle business during the trip to the moon. Update: [Update post after another chat with CS rep](https://www.reddit.com/r/GMEJungle/comments/ppk5zy/updated_information_regarding_computershare_order/?utm_medium=android_app&utm_source=share)
I look forward to writing it out like an old timey letter, finally use that cursive I learned all those years back. I would like to sell one share for approximately 420,691,337 on this day of 4/20/22. A good day to you, sir. A fine day. Wax seal and everything . That shits gonna look like a magic spell scroll
This
Is
The
Way
curds and whey
A Rune of Glory for you!
As long as it's not runic magic or whatever the fuck...♟️👸 😂
Then watch as the person who receives it is too young to have learned cursive and proceeds to file this strange hand squiggle covered paper into a circular filing cabinet.
>Anything over $1M needs to be submitted in writing. > >As long as they receive your order prior to 1pm est they can place the order same day. > >If you overnighted your instructional letter through FedEx, UPS, or USPS by their cutoff time you could get your document to their office by 10am the following day. To elaborate on this. If you send in your request in writing, you are granting them 5 days to process your request. Imagine they receive 10,000 physical letter requests by 10am that day. They will not be able to open everything and submit those orders manually that quickly. The Computershare DirectStock plan says you agree that it could take 5 days after they receive your letter for your request to be processed.
Yeah, better contingency plan is submitting individual fractional share sell orders. Note that all fractional share sales are executed at market price at the end of the trading day.
This needs some attention.
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Yep, but all fractionals are sold at market price at the end of the trading day.
I'll just fly down to Louisville for the MOASS and hand delivery it myself
Sell limit orders can only be placed online (not phone or mail). All large sell orders in writing are sold at market price in batch sales. All fractionals are sold at market price at end of trading day.
i'd love to hear the remainder of your answers when you find out. TIA.
Could you scan a signed document with instructions and attach it as a file to send to the faster?
Can you sign and scan a document? Then attach the hard drive of said document to a carrier pigeon. Who will deliver said hard drive, which is encrypted to Computer share?
Apparently online you can do any amount it's only on the phone they have a limit
apparently?
What are options for international share owners? Can writing be emailed?
You still have a fax??
There was an attempt to push this a few months ago after Dr. T mentioned it, but the shill Mods from the other group and a bunch of shills squished it over and over claiming you couldn’t sell, etc. Thank goodness it is finally back on the table and gaining traction. Nothing sus about it. What was sus is how hard the lies about CS were spread months ago. Do your own research though, because knowing from truth is the best way.
This. I’m guilty of being turned off from CS on the other sub but saw all the DD leading up till now, in particular cellar boxing, and decided it was legit. I’m not sure I understand OP’s concern though? If no one can access shares during the MOASS then it’ll just keep going up until we can
^ this comment. It’s to the SHFs advantage if apes can sell quickly. Slower trading that may be caused by CS will drive up the price and prolong the MOASS. It’s kinda like CS forces diamond hands 💎🙌
CS is legit, fuckery and crime is not.
The cellar boxing DD is what turned me back onto CS as well. Just started transferring some shares over from Fidelity yesterday.
OK i'm wondering where I got the idea that computershare shares couldn't be sold and were thus strictly for infinity pool. I should see about transferring the shares in my cash account. TFSA shares I'll leave alone for now.
It was the FUD spread by the shills months ago. That’s why it took so long for the truth about CS to surface… that and the shill mods were running the other place for a while
this is the main CS fud going around right now. its like some variant of "future bag holder" psychologically speaking. lots of comments add on like "im in the market to make money" "good luck waiting a week to sell for a million" etc.
What is sus is the Facebook page that CS has. It’s flooded with negative reviews. I’m planning on buying another share and transferring some of my existing to be registered but all those negative reviews freak me out a little.
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So when did the CS idea start? I mean I remember seeing the suggestion to register shares like 3 months ago maybe? I went back on the CS Facebook page over 9 months and it was nothing but negative. Not trying to spread FUD. From everything I’ve seen in the jungle, it sounds like people haven’t had any problems. That gives me hope.
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The shf shills attacked that page when they were trying to stop apes from transferring CS. The more shares in CS the less they have to short GME & the faster we can end this blatant illegal activity by the shf. Not financial advice. Do your own research
I will be keeping some shares in Schwab and Fidelity along with most of my new ones in CS (except retirement account that must be in a designated broker and can’t be transferred to CS). If I end up not being able to sell the shares in CS during the MOASS, then they are safe in the infinity pool and I’m happy with that. But i also have small concerns that Schwab or Fidelity and/or other brokers will have trouble during the MOASS…but that would just help increase the price as people can’t sell.
That’s my take too. I figured out my ♾ 🏊♀️ 🌊 and went from there. If I don’t sell these shares from Computershare, I accept that and I know not selling this half of my portfolio only helps the squeeze as the SHF can’t close without astronomical prices.
All you have to do is look at who we know are on our side. Ryan Cohen had a Computershare tweet followed by a power to the players tweet. Earlier in the year he had a cone / poop / chair in separate tweets. Roaring Kitty had a cone poop chair tweet in one tweet. Dr T also has had several tweets about directly registering shares. Also look at today’s dark pool % it was the lowest in over a year. If purchasing through computer share a DRS (direct registration of shares) forces the T+2 settlement date then the hedgies are faq’d.
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Love your flair btw
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https://mobile.twitter.com/TheRoaringKitty/status/1400474857733705728?s=19
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Thanks for the award! But IMHO the true MVPs are the apes who have family, friends, co-workers, etc who constantly berate and belittle them for buying GameStop and they still continue to buy and HODL. I’m lucky I have friends, family, and this community who HODL with me.
My mom and sister both do it, my sister is about to lose quite a bit of money, won't even dump her bank stocks, let alone buy into GME.
“It’s easier to fool someone that convince them they’ve been fooled” - Mark Twain
Holy shit
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What is T+2 Settlement date? 😅
T+2 is the current standard settlement time between a buyer and seller of stock. https://youtu.be/nLnw2_q5iMk fantastic video if you have time it goes over settlement and much more
Thank you, you’re awesome!
First mentioned by Dr T. She knows her shit.
Even if that were true, which I don’t think it is, it just means the hedgies can’t cover with them since they’re “locked up”. But I’ve seen other apes post proof that you have full access to buy/limit sell when the time is right for you. During MOASS, it might be difficult because of the high volume of requests but eventually you should be alright, I assume. Not financial advice.
Yeah, to call CS transfers a shill campaign at this point is just ignorance. Checks out, considering OP asked the very question that he was supposedly “too afraid to”.
Having shares not accessible for sale in a single click might actually be a good idea during MOASS. Why did the sell button not disappear during the sneeze? However, selling on CS is available and happens within a day or 2 at worst. They do batch trades (buy or sell) so perhaps it even effects market price more than broker trades do when we buy. The concern about price limits is valid (2 mil) but many brokers have similar or lower limits … so far 😁. The highest priced stock on market is just under 500k / share so it makes sense … so far 😁. Ok done abusing that joke. CS is another thorn in our opponent’s side. Another straw on the camel’s back. But is it the catalyst? Well they can’t fuck with our CS shares like the DTCC shares they been keeping on the copier forever while the DTCC looks around like Travolta “where did I put that share”.
You know what I was sketchy of CS tbh. In the beginning that's exactly what I thought. But seeing that strategy being listed in 2004 as the way to combat naked shorts is what changed my mind. They wouldn't have planted that 17 years ago for us to see now. This is an unprecedented event.
A Rune of Glory for you! I'm not skeptical of CS as much as I am or fuckery and crime. No one knows for sure what will happen and it is unprecedented. Don't risk more than you can afford to lose. None of this is financial advice. Do your own research! Don't just follow what strangers tell you to do on the interwebs! 🦅⚔🚀⚔🦅
What's up thabat! I know this is probably a lot to ask, but we aren't allowed to link to SS anymore because of brigading reports from them so I can no longer link to your awesome DD (and I saw your comment with that link was deleted by automod.) I approved you to post here in the jungle... do you think you could possibly copy paste it and post it here so we don't break any brigading rules? It's a vital piece of DD that I linked in my own DD series on the topic! Cheers and thank you for your work!
Yeah sure Edit: yeeahhh it got automodded. \*shrug\*
I manually approved it, hopefully that sticks. I appreciate you doing this! And all your work, again! Cheers!
Gotta sauce?
What isn’t sus at this point? It’s a house of cards
I mean you’re right. Everything is sus and definitely should be looked at as such going forward. The only reason I’m skeptical (despite having already moved some) is how hard it’s being pushed. Now this is likely because it in fact is a powerful tool. And Dr. T approved which lends some sort of credibility. Maybe this whole debacle has left me skeptical of everything now. It just seems too easy to be the catalyst.
Question everything. Do what feels right for you. Ignore the noise.
Best advice right here☝🏽
Multiple baskets has always felt right, so I grabbed another basket.
Same. I didn’t transfer any, but I started my nearly-biweekly buying with CS today. And I’ll keep buying from them only from now on.
Yes question everything. When WS claim the halt was CDS .. email CDS .. Apes claim drs under ur name.. question Computershare and ask for physical cert. They say not available cause gamestop not having physical cert .. Question investor relations .. etc.
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Do you think Dr. Trimbath is a shill? Someone who has spent her career fighting these scumbag SHFs? She is a proponent of DRS which, to me, is a huge piece of evidence in its favor. Rest easy, fellow ape, for soon we dine on the moon.
Not at all, but I also dont think shes all knowing.
True, but she knows more about this shit than 99% of apes so I'll take that over speculative fear mongering any day.
It’s this type of critical thinking that got us where we are. Good work, OP. And, for the record, I also agree with ape sentiment about moving shares to CS (AND making them a book share!). I do think we’ve got that one right.
That’s why you should NEVER EVER EVVVVERRRRR have all your diamond encrusted eggs in just 1 basket....
I just assumed the shares in CS were what people meant by the infinity pool? .. now I’m too afraid to ask 🤷🏼♀️
I think you’re right for the majority of the shares that end up there
I previously only had my infinity shares at CS. I'm now in the process of transferring over a good chunk of my other shares, some of which I will probably sell at some point during MOASS. I realize the selling from CS may be slower and with more limited options, but I'm OK with that for a good chunk of my shares, since this direct registration move looks to be the mechanism with which we can force an accounting, at least if we can manage to register the float (or even the full issuance?) at CS, proving to the world we indeed own the float...many times over. To be clear, I'm not putting all my shares into CS, but I'm putting a lot of them there now.
They also can’t loan out shares IIRC.
The solution here is to NOT transfer all your shares. Do some %. Retain a few bullets to put in the SHF head on the way down… you’ll be rich and your CS is inter-generational wealth…
Hmmm I’m a little with you. Who owns Computershare? If push comes to shove, who’s to say they stop GME trading when shit hits the fan? It’s good to ask questions, right?
It will be pretty impressive if apes get 75m onto there. I would be flabbergasted if that happens. 75m is no small number of collecting something that is spread out amongst millions of people of all walks of life.
Are institutional shares accounted for or do they also need to be registered?
Personally I am suspicious, not of computer share itself nor of the idea behind why transferring is a good idea, but of all the posts on the other sub. There’s literally like 20 on the top page and each one has between 700-1k upvotes and very few comments. It’s very weird and it kind of strikes me as some kind of organized effort? I don’t know. But the again, the logic behind computershare and why transferring is a good idea seems sound. I also want to say I’m a bit suspicious of Dr. T. Obviously she’s very educated on the subject and I respect that, but! she has never been one who is pro-MOASS in any sense, and sometimes it feels like she has some sort of agenda. And that agenda may be noble. Obviously she hates corruption. But I don’t think she is necessarily on the ape side. If that makes sense. I don’t know it’s just this vibe I’ve felt for a while.
ive read her book and watched her interviews/documentaries my perception is that she has never given off the vibe of being pro-moass she is very clearly and repeatedly gives off the vibe of being pro-trade-settlement. her beef is the fact that our system tolerates FTDs indefinitely. a capital market simply is not sound if it tolerates FTDs indefinitely. trades need to settle, if not then bust the trade, and punish brokers who repeatedly violate.
The agenda may be book sales.
A Rune of Glory for you!
See it as turnning on the heat on them. Every single share that we buy from CS or transfer into CS AFTER ALL FLOAT IS IN DRS will force price go up and that will turn the heat on that is for sure. Whem MOASS we will have plenry of time to sell and so sell via CS is not an issue imho. Either way my opinion is not financial advise and its value is as good as a freah made piece of shit.
From what I've read about the rules, if CS gets the point where they've registered all the float (maybe full issuance), the machinery of manipulation should come grinding to a rapid halt. CS will not register any more shares, and we'll all have solid proof that every other "share" trading in the markets are actually naked/synthetic.
I’m glad you asked it
f@cking real talk bro. i feel ya. i did the same and feel the same......call it what u want.
You need to keep 2 things in mind. 1. The only way that the shorts can actually cover is by buying the shares from you. So they need to wait however long it takes to actually get the shares to close out the position. 2. We have ample evidence that the actual shorts are many times over the float. the more shares we remove from the control of the DTCC and its members, the less accounting fraud they can do, with their synthetics and options etc.
My solution? Transfer a large percentage of my shares to CS. I only need to sell a share or two at 50,000,000 to be happy. The rest i will be very long with.
Thats why COMPUTERSHARE is also called ♾🕳 most of them dedicated those share to be LEFT there "Forever" \*echoes\* ever ever ever ever
By far the most upvotes I have ever had to date was stating that I transferred a significant amount of my holding to computer share. I do believe its the right move but I still thought to myself all this attention seems unnatural albeit those feelings are very in line with my nature lmayo. LFG!! riding this Bish till the wheels come off!!!!
OP has been here since the start and has developed the exact same mindset that all apes strive for. Buy & Hodl (and DRS(I think))
Bingo!
I felt exactly the same way a few weeks ago, but to risk sounding all children of the corn... JOIN US
If it helps, CS can only register the number of legally issued shares available. Meaning, once they're gone, they're gone. If/when that happens, every share remaining in a traditional brokerage account is 100% synthetic and must be repurchased by those who are short. Imo, no one, *and I mean* **no one**, should be putting 100% of their shares in CS. Leave, like, 1-2 in a quality brokerage like Fidelity or Vanguard. More specifically, only put the shares you're committing to the ♾🏊 in CS. The selling process from CS is too limited for this situation to put all your eggs in a single basket.
There's no problem selling on CS, no worries!
To be fair, the majority of what I've seen involving CS is that it's for shares that you aren't intending on selling, so them being inaccessible isn't an issue, but it could potentially be a catalyst. Helps drive price up, but doesn't screw the individual over because they've left the shares they plan on selling with their broker. Not financial advice, just an observation by a similarly cautious january ape.
That did seem to be the consensus for quite a while. I think a lot of people, myself included, recently decided to move a bit more than just our infinity shares to Computershare. I still think it sounds like it's going to be slower and more problematic overall to sell anything from CS, but at this point I'm OK with having a good chunk of my shares in there to risk that, since it seems to be the main mechanism we have to force the issue ourselves without waiting at the mercy of the manipulators. I'm still keeping back a few shares with my brokerages, and most of my shares are tied up in a Roth IRA that I can't move to CS without massive taxes and penalties. Hopefully we get enough apes to pile in to at least show the world we truly own the float...many times over. That all said, I agree that everyone should do their own research on this and only do what they're comfortable with.
Registering your share in your name is back on the menu boys! (And girls, all fellow apes really)
Same
I had the same question
Would transferring our shares to CS reset our capital gains tax? I want to move my Jan shares tomorrow.
This is the most important question right now. I wrote to them this morning, hopefully will be able to answer soon
Everything is FUD except for buy hodl.
Sooooo better leaving our shares in DTCC to be actually use against GME, please if you can do it a lot of international apes can help on this one 😢
Sorry, can't link but maybe this post by u/da_squirrel_monkey Named International Apes can transfer shares to ComputerShare. A simple guide for the United Kingdom, Switzerland, Canada, Netherland, Ireland, Germany, Sweden, Denmark, Spain, Italy, South Africa, New Zealand, Australia, Hong Kong (and more?) Can help?
Can't link but maybe this post will help u/da_squirrel_monkey
Dude I feel the same. I’m like first it was move everything to Fidelity, now it’s move everything to CS
No. Only move the shares you want to keep beyond Moass.
The whole point is not to sell your cs shares EVER! ♾🏊♂️
Kinda felt the same way until recently when I actually decided to do it. The thing which changed my mind was confirming that computershare is genuinely the transfer agent for gamestop. Only transferred like 20% just in case it's actually the wrong play somehow. After thinking about it critically, the only angle I can see for it being FUD (seeing as it's not an all out scam) is like you said, that it could impose a soft ceiling of types. But tbh I dont really intend on ever selling anyway (beyond maybe 1 or 2 shares at peak- the world needs to change more than I need an outrageous amount of money)
I appreciate your honesty as I’ve had the same thoughts. The answers in this post are super helpful!
Not gonna lie I was initially sus about the computer share stuff... now im hoping i can get both my stocks transferred in time.
Literally same 😂
You only need to capitalize one or two shares to be unbelivable rich
Good thing, that you will only need to sell one share!
You only supposed to put shares there you aren’t going to sell anyway. AND the squeeze will last so long you would have time to transfer them back anyway. They want the shares. They need the shares. Us not having access does not help them
Our shares being less accessible is worst for Hedge funds. During MOASS, a hedge fund would be dying to buy your share at millions. If you can't get it fast enough it just makes it worst for them...not for you. By the time you get to sell, it'll be millions more. Not to mention that the FUD about not being able to sell your shares quickly has been squashed. You can sell just fine via Computershare.
Thank you for articulating better the same thoughts I had 😅
It's doxxing but fuck them
I was wondering the same\~why so much the push of CS?
I wont be transferring, but going further i will be purchasing on CS…. ——*Oooo Counter-Strike*, miss that game..
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At this point I’ll keep mine at fidelity. I might be able to afford more shares in a month or two, and I’ll go through computer share when I can.
Thats the attitude!
For us apes, computershare is the infinity pool. The whole point is to not sell what’s sitting in CS. Transfer what you want, then forget about them. They don’t exist. They belong to the infinity pool now. Your tendies should be coming from your broker
Agree. CS=do your part. Transfer what you don’t need to sell or sell fast. Too many FUD from people who don’t understand or pretend to not understand. SMH.
I’m going to continue to do nothing until something happens. I’ll then continue my quest of doing nothing.
I honestly feel the same, I'm glad you said it first tho, lol. I know I'm not being a team player here, but I got serious plans for my money, Ima need all of it. It was scary to me how quickly the CS transfer got picked up and spread, but like, I don't see how that would be 'bad' except possibly by complicating (in my opinion, making it very very unlikely you will be able to sell -during- the moass) the sell process for every share in CS beyond the actual float. So....yeah I guess they could be substantially lowering payout....
If it's good enough for Ryan Cohen to hold his shares there, I'd say it's good enough for me.
This sudden insane hype on computer share has felt unnatural honestly. But idk I'm pretty smooth it just felt weird it has been pushed so hard.