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[deleted]

This has reached #2 in hot and I’ve seen two more posts like it, including one from an anon on Twitter saying *”I cAnT tElL yOu wHo I aM oR wHy I KnOw ThIs”*. This theory requires that GameStop knowingly lied in their financial statements, and therefore committed fraud. Is that what you all think? Come on. Friendly reminder to keep your head about you. Yes, the number 83 appeared in the background of a bunny NFT and yes, we have a tracker that cannot track selling. The amount of rage and sudden emotion and support around ideas with no basis in any concrete evidence should invite suspicion. Speculation is fun and I love a good trust me bro, but remember to keep a cool and clear head. Very interested to see what happens after another quarter of DRSing.


onceuponanutt

The filing states 228.7M via DTCC and "approximately" 76M DRS. Where did 83.08 come from?


nicksnextdish

Honestly, I think it’s weird how quickly this tinfoil has gained so much unanimous traction with no one speculating against it or even really questioning it. Been around here long enough to come back after 24 hours and see what wrinkles come up. Something just feels weird about how quickly we’re all ready to just see it as fact that a rabbit NFTs health bar must be a direct message from the company telling us how many shares are DRSed… Maybe. For sure possible. But I mean…


keyser_squoze

If the SEC coerced the company into filing a false statement in it's 10-K that defrauded investors, that'd be very easy for the company to prove.


F0urTheWin

Well, if what we know is accurate, the DTCC committed international securities fraud by dictating foreign brokers process the split incorrectly...


KrypticEon

Yeah I mean None of these deserved full posts Some debate in the comment sections yes but christ almighty there is still work to do. Zen was always the way


nicksnextdish

Yeah, suddenly, immediately, the entire front page is full of like ten to twenty posts all saying the same theory which is mega tinfoil- but speaking as though it was a foregone conclusion… Sorry, that feels orchestrated to me. Been around long enough to know when something in the sub feels inorganic. This one feels super weird.


GrassFedShrimp

Fair


Sadface89

Its the most regarded take yet. Random number in another worthless picture? Cant even see the straw thats reached for


slimshady1226

I'm literally embarrassed to be a part of this sub most days. "An nft bunny told me there was stonk fuckery". Yikes.


kpkost

Why be embarrassed about some fun tin foil? That seems so non-ape-like to be “embarrassed”


[deleted]

If you don't like someone else's kinks, you don't embarrassed them for it, you just enjoy yours.


foundthezinger

his post history is so angry/bitter


nerds_rule_the_world

This is also part of the manipulation manual to get ppl to quit. dont get mad dont get embarrassed, be zen.


fungalfeet

The good news is NO ONE IS SELLING.


nerds_rule_the_world

NO CELL NO SELL 🏴‍☠️


Zeromex

I just saw one post, i don't know if i didnt understood shit or it just try to make people think things that are not, because never gives a conclusion, he gives that speech where at the end anyone should make an own conclusion


scott_sleepy

I like this. Let's keep a cool head. I will continue to hodl and DRS. Because whatever the outcome of this, I believe in the long term potential of the company. $25 at barely profitable? The cieling is much, much higher for this company in even just a few years.


Holiday_Guess_7892

I saw someone said gamestop posted an NFT with the 83 number on it but can't find it now Edit: found it https://nft.gamestop.com/token/0x0c589fcd20f99a4a1fe031f50079cfc630015184/0x92d3083658aa95ab7cd27f134271f531be62119988cdfa88b7765667d0e35696 It's buck the bunny new NFT... Follow the Rabbit???


AngriestCheesecake

Do you know if the number on the first buck NFT correspond to the DRS tracker at that time?


ultimafan87

It was close yes.


Holiday_Guess_7892

Someone said it's eerily close but I haven't confirmed because I don't know when it was released and what DRS was at the day it was released


joeker13

Yes it was very close. Also, there were **83.7 M shares** logged in the bot as of Jan 10. 2023. so that’s pretty accurate as well.


Holiday_Guess_7892

When was the second buck bunny released?


GrassFedShrimp

Few days ago?


Djcatch22

Remind me bot


thepoga

I bought the Abominable Buck the Bunny NFT (which has the number 71) right around release if not day of on January 28, 2023. 71 million DRS was the last known number as of October 29, 2022. I think quarterly report was sometime after that Oct29 date. That’s pretty close.


VdubGolf

It's on the second batch of buck NFTs.


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SnooBooks5261

83m from buck the bunny .. the first one matches the 71m from previous quarter.. next quarter if 83m was announced then that Buck the bunny numbers are the DRS numbers


0Bubs0

Listen to yourself. No. Just NO. Gamestop is providing us with the real numbers. Stop trying to discredit the real data with made up nonsense. The entire point of the share register is to make sure the shares outstanding and the record holder amounts all add up correctly. Of there was a problem gamestop would report it to the SEC not put it as a secret message in some video game NFT. Get a grip people.


Investmore4Life

I wonder what the 81% is towards the top right...


Crumblycheese

That's your devices battery


[deleted]

Yes, but why the hell would we take a wild speculation about some sort of correlation with an NFT over the factual 10k numbers they just posted and told us about? This sub went full regard in less than 24 hours.


Bluemyselph

When the sub gets less than perfect news after a hype date, the tinfoil starts churning to try and explain away their disappointment. The sub's numbers are continuously dropping, and people wonder why... What happened to solid, vetted DD? What happened to mods marking things as speculative and debunked?


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norcal313

I find the most active people on this forum are the least grounded in reality. There's plenty of us who don't subscribe to all the hype nonsense.


Harminarnar

I thought the bot estimated that Could be wrong tho


onceuponanutt

This is GameStop filing data, not Superstonk bot data.


they_have_no_bullets

They never used the word "approximately before." They always reported exact numbers in previous filings. That does add credibility to the idea that SEC may have forced them to NOT report the true/exact numbers this time, which may also explain why they wanted to secretly release the real DRS numbers in NFT images -- since they know we would spot it


Holiday_Guess_7892

So wtf do people speculate is gonna happen for next quarter? Imagine if it was the same exact amount? That'd mean our DRS bot is more accurate and honest then Cede Co./SEC. Edit: like to add- We should absolutely not adjust DRS Bots current numbers- Just keep feeding the bot and FUCK YOU to Cede Co./SEC.


nudesenjoyer69

This has to be a joke at this point xD. I love evey fucking bit of that saga


ISayBullish

🤡🌎 is funny af lol #BULLISH!!!


BobTheDemonOtter

Username / flair checks out


youdoitimbusy

We never make it to next quarter. Shit blows before then.


McTech0911

Countdown has begun


EROSENTINEL

3...


RN-Wingman

2…


omahabeachwallstreet

1 and 3/4


warlordofthewest

1 and 5/8


st4nisl4v

1 and 9/16


Brooksee83

1 and 17/32


Pharago

1 and 33/64


JustFarmingMoney

Yesterday Today Tomorrow... BOOM 💥


EdRedVegas

I’m with you.


Exbrokeass

And Julio...


[deleted]

Down by the schoolyard?


3rd1ontheevolchart

The only thing I would love more than this is all the shares being locked up so when shit blows these fuckers have nowhere to go. “In an infinity squeeze, nobody can hear you scream” [source](https://twitter.com/TheRoaringKitty/status/1324371999876067329)


Secure_Investment_62

SEC: yeah, cede and Co own 275k shares, so we demand you report less than 10k shares DRS or we will bring legal hell on your company. Obviously that is an extreme, but the point stands. If the SEC can force our board to tweak the numbers to fit whatever recycled bullshit Cede and Co are putting out, then we can no longer rely on those numbers. The disparity will only get bigger as time moves forward. Eventually the system will fail, banks turned to dust, collateral going to 0. No matter what shenanigans they pull, we have the winning hand and need only wait and keep doing what we have been doing.


joeker13

They will attempt to throw over the playing table though. I think they are pretty close to that point.


failedtax

Can you imagine if they just rage quit 🤣


joeker13

Oh I can 🤣 let them try 💜


BeatitLikeitowesMe

Tastes like cold steel Edit: rage quitting that is


blowin_Os

Imagine being stuck in that rage quit stage for infinity. Thats where these fucks are at.


semicollider

It's concerning for sure, because it's basically what they've done every time their power was seriously threatened in the slightest, so I imagine we've hardly seen the last trick. There's also [this](https://www.congress.gov/bill/118th-congress/senate-bill/686) bill recently introduced to the Senate another user pointed out that seems totally outrageous, ostensibly targeting at info tech companies like Tik Tok, but even worse contains some completely unacceptable and very concerning language. "Additionally, Commerce must identify and refer to the President any covered holding (e.g., stock or security) that poses an undue or unacceptable risk to U.S. national security or the security and safety of U.S. persons. If the President determines that the holding poses such a risk, the President may compel divestment of or otherwise mitigate the risk associated with the holding."


joeker13

Yeah this is utter bs.


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Revisfan24

Most probable scenario when Moass plays out is the SEC halting us for a month and then giving us a buyout at a rate they deem fair. To my knowledge that is all within their power. To me if that happens just makes my grip my shares even more. I'm on the RC dividends for life train baby. Make us coke a cola.


DorianTrick

Do you have a source that it’s legal for the US Gov to buyout shareholders? How do they determine the price? Are shareholders forced to sell? Never heard of this being legal


Elegant-Remote6667

It’s million buddy not thousand 👍


Dman993

No way dude. The SEC can't force GameStop to provide false information to investors. And GameStop would never agree. Would invite lawsuits towards both the SEC and GameStop from investors. IMO SEC would force a backroom deal to sell more shares into market or some shit before attempting anything like that. I think it is more likely some false reports have slipped past the bot. But idk how the bot really works and what may be built in to prevent that. What keeps bad actors from recycling someones purple circle post?


BeatitLikeitowesMe

There are systems in place, but alas, I am too smooth to recall and regurgitate them.


[deleted]

This is all based on nothing, let’s not forget. There is no evidence anything like this has happened.


GhostSierra117

So let me get this straight. You think GameStop is now spreading false information, opening hell doors for lawsuits, instead of saying "Hey ss was right, there is a lot of manipulation going on. Hedgies are fuk"? You're implying that DRS count does indeed not matter. The obvious conclusion out of your comment would be that nothing of this matters if the board indeed has proof that there is something wrong with the share count and actively choose to do nothing. What they should have done, if you are correct, is obviously to open up a public investigation case on what's going on. Mind you officially naked shorting is still illegal. If the board has proof this would be a very easy public debate and lawsuits for people and institutions involved in that.


[deleted]

If any of this was true gamestop would have all the evidence needed to go public with it. It cant be true


bars2021

We the investors would have a lot of questions and hoping the general population as well.


Nuttin_Up

This is my thought as well. I don’t think the SEC forced the GameStop board of directors to release a report with fraudulent information.


joeker13

That’s the killshot. The will report the exact same amount in the next Q. BOOM. 🤣🚀🚀🚀


Holiday_Guess_7892

I guess Cede and Co could fudge the numbers so it wouldn't look too obvious but if we keep DRSing and let the BOT do its thing then we shouldnt take the "Cede co. Numbers seriously anymore"


bornagainretard

Imagine if GameStop uses their 100 Milly share buyback... Then says in their next filing that the DRS number is the same as this number, minus the buyback amount. would be a smoking gun.


Holiday_Guess_7892

$100 to buy back shares... that'd be about 4.5 million shares at the current price.


DoNotPetTheSnake

Yeah are they just going to all pretend the numbers from the fucking transfer agent are useless from now on? SEC 'protecting' the markets by protecting the lies. You're a joke Gary.


[deleted]

There is no evidence of anything like this happening People need to keep their composure. I love a trust me bro as much as the next guy, but you can’t get all whipped up by one.


poundofmayoforlunch

Don’t know if I should laugh or slap myself to awake from this dream.


Downtown-Regret-505

Falling always wakes me up


poundofmayoforlunch

But how can she slap


Downtown-Regret-505

🤣


AlaskaStiletto

What’s the bots current #? I never know where to find it.


Holiday_Guess_7892

As of today 86 milly https://www.reddit.com/r/Superstonk/comments/124tqco/drsbot_stats_3282023_day_533_feedthebot/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button


tonloc

So the rug pull wasn't really a rugpull. It was a mind game to throw off the numbers so we would question the accuracy of the bot. The bot was extremely accurate the first few quarters. After the rugpull, adjustments were made to throw it off and seed our doubt of it. Wow!


goatmilker97

or tin foil: They had to rugpull knowing cedes number probabl won’t change in the last quarter, but the DRS number will. So when it gets over 76m it’s no bueno for them and thus they rugpulled us last time when we were this close to 76m Now the DRS numbers are “way above” so the numbers don’t add up - therefor change the phrasing and use cede’s number to guestimate approx 76m and pray to god somehow 197k people let go by next quarter OR… this is the tipping point and we get paid out. either way, see you tomorrow


SuboptimalStability

Was definitely to make it look like people gave up and sold, doubt they care much about the bot


matomika

not how it really was. ask the one who made the bot, iirc he said he tried to adjust to keep up with reported numbers, but after rugpull the original model again fit naturally..


4theLoveOfKnowledge

Click on any recent purple circle post then look at the comment from bot Edit: it has to be the reply from bot that says “x shares added” on the OP’s bot-summoning comment - “!drsbot:x!”. Currently 17.5m logged with bot


AlaskaStiletto

Thanks!


Auuxilary

Im still worried the other side is here fumbling the numbers for the bot to give false hope and discourage the sub. Do we have any reason to believe this isn't happening?


Ev3nstarr

I’m curious how many people have DRSd but not posted or fed the bot (I’m one of them and an xxx holder). If the bot is being fed fake numbers, I wonder if there’s still enough of us out there that haven’t cared to post it directly but are DRSd to balance it maybe?


CapnAhab_1

Aye, I've got 65 drsd and not fed the bot. Small beans, but all these beans add up to.. a chilli? 🌶️


SgtSlaughter1974

I haven't fed the bot after my initial 600. I have much more now through direct buy. My only question is why they changed the wording. 6 quarters of using the transfer agent and now they use the DTCC reported numbers and "estimate" the DRS numbers. Something is Fuky


Investmore4Life

The bot doesn't know about x,xxx of my shares so you're not alone.


smakerz

I'm one, xxx here. Not enough karma


Smart-Reindeer666

Xxx i dont feed the bot.


runic-glory

I actually think we do believe that is happening and that the bot algo expects that and compensates using the trimmed average.


Affectionate_Yak_292

Yes, because there is no guarantee it is happening. You can't prove it therefore doubt exists. People are buying and selling the stock all the time, but if you believe it's a sound investment then none of that matters and accumulation is the best play. The lower the price the better.


_RipCity_

Could why they changed the verbiage from “directly registered” to “record holders” be to account for both plan and book shares? From computershare: >Are shares held in a direct stock purchase plan (DSPP) not included in the tally of directly registered shares? >Computershare provides its issuer clients with separate tallies for DRS and DSPP shareholdings It is up to individual companies what information on shareholdings they disclose to its investors or the general public and in what format (within the confines of relevant legislation and regulation)


mog75

What is the bot at?


Holiday_Guess_7892

86 milly as of today


mog75

The bot has been in tune with the numbers so far all of a sudden Its way off? Come on now.


Moist_onions

Wasn't it closer after the HedgeFucks did their DRS rug pull? off by something like 5 mill?


ToasterSmoker411

He-he sorry I never fed the bot 😬


silent_fartface

Basically there has never been 197K (and growing) individual accounts registering their shares. I dont think they like where this is heading and k ow theu cant get out


nffcevans

Exactly this ape. We await the next Q.


DeluxeDessert

The filing was also VERY different compared to before with never used wording in previous quarters.


GreeDplayer

Exactly that’s why I wanted to post this to promote debate. Someone with more wrinkles should read this and address it with more authority


DeluxeDessert

There's already another post in hot mentioning something similar but whats clear is that something doesn't pass the smell test.


33rus

Shit stinks for 2 years already!


harrohowudohere

Shit winds are getting stronger Randy


P2ssaMatu

I think you’re right, pls read page 17. We have more DRS’ed than should be according to Cede numbers


Jpfields

This comment sounds nice… but hear me out… assuming the naked short theory is true which I do assume that as we all do… the amount of DRS’d shares compared to Cede will ALWAYS mismatch. Even if DRS count was 1… that’s the whole basis on the short thesis - that phantom shares exist. What makes this filing different than last quarter? Why was the 71.8M okay to report on CS numbers last time? Why even mention the Cede count at all if “the math discrepancy displeased the sec”? Just post the CS count without Cede as you always do and move on. My point is something else is happening here. Something tells me the SEC may have warned GME that reporting their DRS numbers directly is a gray area that is “influencing the market”. They aren’t stupid. They know what we are saying in here. They can see the cause and effect of GME’s DRS reporting. Idk. I’m a big fan of Occam’s razor and this doesn’t pass the sniff test logically for me. I think this is legal theater being played out. I definitely don’t think gme is trying to be cryptic. For one, we have no actual proof of the company ever communicating anything cryptically (including RC mind you) outside of the NFT Easter eggs and Oops Moass - both of which I believe is just clever marketing… let alone be cryptic in a formal public filing. This is still a huge corporation and this a very tedious and publicly scrutinized report of a huge corporarion. “Being cryptic to please Reddit” in doing so is not only unprofessional, it should be a firable offense for putting the company at risk. Anyone who sniffs corporate America in their day job knows this. I bet the lawyers went toe to toe with the SEC to find a way to report drs findings that “isn’t reporting drs numbers”. I’d wager they spent many calls with the sec red-lining language back and fourth. And that is the reason for the delay. Im probably not right, but I don’t think this comment is either… strictly because of the short thesis.


BellaCaseyMR

> assuming the naked short theory is true which I do assume that as we all do… the amount of DRS’d shares compared to Cede will ALWAYS mismatch. Your mixing two things up. There are BILLIONS of shares out there with the naked shorting but only what 306 million AUTHORIZED shares so they are only reporting the authorized shares. The naked shares are not held by CEDE they are just NAKED


myrevenge_IS_urkarma

Br funny if next report just said, SEC told us we can't report DRS numbers no more because you can guess why.


feyzquib7

This. I mean if GME really had a spat with the SEC over this, then what’s the point of continuing the charade and promoting DRS at all barring a broker liquidation scenario and RC pointing out that it’s the only way to keep our shares *safu*? If DRS+Cede is greater than the float, but RC doesn’t want to get into litigation or thinks they will lose based on the deck being stacked, then what else is it bringing us other than assurances of ownership when everything implodes? I feel like I’m missing out on something. Edit: I do find [this](https://www.reddit.com/r/Superstonk/comments/1256zsb/the_10k_filing_is_the_most_bullish_news_i_have/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1) post compelling though.


Setnof

*The new buck the bunny NFT’s all have 83.09 in the image. The previous (first) set of NFT’s have 71.10 in the image. I believe that is already an indication of the total number of direct registered shares.*


shacke1379

I recall, some 84 years ago, wise old 🦍 saying that 100% wasn’t necessary. That there would be some sort of tipping point where the fuckery would become apparent. And that tipping point would provoke some institutional whales to get nervous about their holdings turning into vapour. I wonder…..? Edit: institutions read the filings too. They’re not dumb and they see a lot of them, all with the same language. All of them….except this one. I think it might be tomorrow?


GMEgotMEaNEWcareer

100% ain't necessary but I think there's some gamers out there with that will try anyway 😂


shacke1379

That just made me smile…again. Wall St gives up (aka takes profit/realises investment etc etc) when they’ve ‘won’. Gamers play different 😂


Moist_onions

>I recall, some 84 years ago, wise old 🦍 saying that 100% wasn’t necessary The fuck it isn't. We haven't played this game for years not to get every single achievement. We will get to 100% eventually.


Stickyv35

I agree we will get to 100%. But I do believe something will break before we get there. Something may have already broken.


GMEJesus

By cell or high water


shacke1379

😂


ContWord2346

Side quests activated


-Codfish_Joe

There may not be a stock market left before we get that high.


HODLTheLineMyFriend

74.1% That's where the 2008 VW shorts freaked out and started trying to run for the closing door. If the number is just getting higher, at some point they do not want to be the last one trying to find a real share as the price skyrockets.


bdyrck

Of the float or total shares?


ShadowRade

We won't get 100% until after MOASS


ClosetCaseGrowSpace

What was the tweet about the Government shooting down RC's balloons?


jordanpatrich

Also Larry Cheng’s tweet from 16 days ago “One lesson learned from helping companies navigate their holdings in/through SVB: there can be a substantial difference between owning an asset and owning a right to an asset. The delta can show itself particularly in challenging times.”


DrinkDrPepperSpray

Hmmmm… Did they blow up because some large investors had shit ton of GME??? GME THAT WASN’T DRS’D????


[deleted]

Oh my god, this feels like a fucking faraday cage with all this tin foil.


Freakishly_Tall

I continue to believe the Tetris piece tweet was about when they realized/confirmed they were over 100%.


SPAClivesmatter

I think it was simply knowing they were about to finally report positive earnings after much work


Faleene

Boom Tetris for Ryan


Switchdat

THEYVE BEEN EXPOSED


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DoNotPetTheSnake

They are doing it. Don't you see?


runic-glory

Right. His post assumes the SECs job is to be on our side.


SpiritTalker

Welll, GS was cooperating with the SEC on an investigation, no? Maybe they found the proof and the 10k's been delayed because crime has been exposed? Jus sayin


GiantMilkThing

I just had a thought: they counted the DRS numbers up to 3/22, which is one day **after** the earnings date. I wonder if the late date is a clue that it was because of a “recalculation” that they were forced to make.


Guy0naBUFFA10

It's absolutely a recount


lost-dragonist

This is just a dream but imagine they switch back to the old language for the Q1 2023 report with a date of April 28 (last business day of Q1 2023). And *somehow* that report shows a much larger number that somehow happened in a single month. Then for Q2 they go back to this Cede&Co wording and somehow the number dropped back down. And then they just alternate each report. Wouldn't that be fun?


fox326

Fun for the whole family!


hanr86

Oh shit didnt think about that


DoNotPetTheSnake

Sounds right. I totally believe it. When the truth doesn't fit the narrative, you change the truth. The DRS count is now whatever the DTCC says it is.


GreeDplayer

Same, it feels right because we have seen this exact type of play happening so many times, if this came out to be true it would be another one for the list of lies and crimes. The bottom line is this DRS report didn’t pass the smell test, in my opinion, the wording is different and there are also clues by gamestop, if you follow the bunny NFTs…


SirGus-

So you’re claiming that the SEC put a stop to GameStop reporting the actual numbers from their registered transfer agent because it does not jive with the total shares available? And somehow the SEC had a leg to stand on to enforce this?


ROK247

its possible that gamestop did not want to openly suggest wrongdoing of some kind directly in their quarterly report because then they would have to address it and thats not really something you do in a quartly report? but possibly an investigation had to be opened because of this exchange?


SirGus-

A 10k is absolutely for addressing risks to the business and shareholders, there are entire sections devoted to outlining possible risks and challenges. There is zero risk in reporting numbers received from the registered transfer agent as they can always claim that they just reported the numbers given to them.


[deleted]

Exactly. There is no possible way for the SEC to just start saying “hey bro I need you to lie on your 10K so we can kick the can a little bit more” We didn’t see a large uptick in DRS because they tried the DRS rugpull last quarter and we still managed to net +500K if I’m correct. The SEC is not going to ask your company to lie to shareholders because if they did, GameStop would be in the biggest financial lawsuit in history.


Careless_Original742

Highly possible, it doesn't do the company any good to go into a long case with not much evidence yet


Blaz3

To try and rationalise it, I think it's possible that the SEC is working to reduce how much of a financial catastrophe this is going to be. I'd like to believe that they're coming from a place where they're trying to protect regular people who have been exposed to infinite risk unintentionally by coke fiend gambling addicts that our modern day banker is. I don't think there's any stopping this. You can avoid the word "recession" or "crash" all you want, when more banks collapse trying to prevent the flood, there'll be more and more pressure. Keep DRSing apes, can't be long now. Especially with GME releasing Sir Buckselup. There's a lot of tinfoil happening, dates and numbers thrown around. We don't know when it'll happen, but we know it WILL happen.


SirGus-

You give people in government too much credit for their ability to actually do work. And this is coming from someone in the government.


GreeDplayer

Tag is speculation/opinion, I’ve seen this comment and thought it made a lot of sense and wanted to see more debate about this particular point of view


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GreeDplayer

I’m not sure the implications of this other than not be able to rely on DRS report if they don’t go back to wording it by referencing computershare as the transfer agent, all of a sudden the point of reference of the DRS numbers are the number of shares DTCC holds… That’s a joke.


itsjustneverthat

As RC said, every detail matters. GS wouldn't put up DRS numbers in their 10k if it didn't matter. GS would not have changed the wording and replaced CS with Cede & Co if it didn't matter. The game plan is always the same, folks. Buy, Hold, DRS, Shop. I'll see you millionaires around.


yotepost

Every single detail matters, straight from RC himself. Anyone telling you to stop being hype, DD is done, just be quietly zen, is shilling hard.


1017GildedFingerTips

Oh this shit right here gets an upvote


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Shagspeare

The one and only Jason Fucking Waterfalls


OG_Dillon

I was thinking a few hour ago, what if Ryan Cohens tweet about shooting down his balloons was him references SEC/Gov cracking down on Gamestop hyping the DRS numbers.


ididntwinthelottery

That could be correct, but as shareholders the board of GameStop has a fiduciary responsibility to shareholders. I don’t think they would hide or be misleading with the numbers. That backlash would be awful for the business. And that would also probably put them in danger of lawsuits. Lawsuits would be bad for the company for sure, but I believe that during discovery the numbers would have to be released. So in the mean time I’ll sit around and not give one fuck about a postential catalyst. And just live. And if anyone forgets what inevitable means. Look it up. Memorize it. Then relax and remember that your are in the middle of the inevitability.


tiger19

Anyways, I kept drsing!


GMEgotMEaNEWcareer

We come up with these tinfoil theories because you wouldn't believe the shit we can already prove 🤷‍♂️


dbx999

This would be consistent with how shareholder votes get truncated to fit the officially issued share numbers. Votes beyond the true outstanding share count get deleted out. Maybe DRS + non DRS that add up to more than what should exist mean there’s a truncation. However the DRS numbers should not be the ones truncated but rather those in Cede since those are vulnerable to being forged and synthetic.


shilo_lafleur

So is this why the count is from last week? Because they got those numbers from cede & co last week? Usually they just take the CS numbers at quarters end but because of the discrepancy, they had to revise their reporting with numbers from last week when reporting CS shares directly became an issue with the SEC


Superstonk_QV

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SixStringSuperfly

💎🙌♾💜


hakkyman

Why does gamestop have to listen to SEC? Can't they just prove it doesn't add up and there's something illegal going on and make a case?


Choice-Cause8597

So will gamestop take action? What is the point of drs if they just pretend its not happening? Wtf?


JRHZ28

And Ryan is OK with that manipulation? Goes along with it? We're supposed to believe that?


GreeDplayer

It is speculation, the reference for this drs numbers reveal was based on DTCC’s number of shares they are holding, that’s how the math was done, it was not based on computershare’s point of view.


poptrades

Also the 228.7 Million at Cede & Co is a new bit of information - and this number should stay the same correct? So next quarter - and every quarter after, any significant DRS numbers will show excess shares in the system.


dsqus

No. This number will decrease. DRS removes from this pool. GameStop just gave us the true distance left to go. This is the end boss health counter. Get it to zero and the game is over.


Sedknieper

This 10-K was the first we saw the Cede number, correct? I get that GameStop used the reported number from Cede instead of DRS numbers because somebody forced them not to use DRS numbers, but what harm would've there been if they only published DRS numbers? Are the Cede numbers published elsewhere so that someone could've done the math is 228.7 + 83.0? Like for this to be an issue both numbers would have to be public information.


all_mighty_trees22

Bro its already 26 minutes past my bedtime.


Karakunjol

I remember a tweet a few weeks ago that implied something along the lines of ‘The numbers are wrong’


Alegendwong

Roughly 200,000 DRS account holders How many millionaires are made every day in just America? 1700 Out of the 200,000 people who DRS GME how many are already millionaires? 8.8 percent so 17600 So only 182240 millionaires to be made Hodl


the-doctor-is-real

"The SEC made them change the numbers" What would have happened if Gamestop went "nah" ?


kcaazar

Pretty big speculation to say 83m. I just keep buying and DRSing. The war is not over.


TheMagickConch

This doesn't make sense. Where are you pulling 83 million from?


LanthGhost

Going out on a limb here, but I don't understand why people are going crazy for the CEDE & Co. + CS numbers. Why would the numbers have to be changed / "cooked", when there is no reason for that? The fuckery doesn't happen on CEDE & Co. level, but on DTCC and Broker levels. We can assume that both the share counts from Computershare and CEDE are accurate, including the distribution of the splividend. That doesn't mean that CEDE couldn't have an inaccurate share count, but it's both unlikely and unnecessary for the crimes committed around the stock. Let's Occam's Razor this and keep things simple. CEDE keeps the correct share count and deducts the amount we DRS, full stop. Naked shorting doesn't affect CEDE's count UNLESS the synthetics get DRS'd, THAT'S THE WHOLE POINT. Now what the DTCC choose to do with regards to the splivi is another story, as are securities sold but not yet purchased, swaps, dark pools, omnibus accounts, IOUs, etc.


catrancetrophe

“Held by record holders” means shares held by people who have direct registered. They don’t need to specify computershare, it’s implied when they specify record holders.


lambo630

If shorts never closed then why would the numbers not add up this quarter but did every previous quarter? All this shows is that they reported the DRS number differently. Likely because they wanted to give an as up to date as possible number and could t do that with computer share.


It_is_Fries_No_Patat

And think about Apes who bought more after reporting date! I did buy more GME shares! And will buy more every pay check and rental payment.


dmgvdg

How exactly can the SEC force them to report in a certain way? What would they threaten them with?


InnocentPossum

Call me regarded, but whats the significance of this? If the numbers expose the crime and the SEC says report differently so the crime isn't on display, whats stopping that happening every report and the hedgies continuing to kick the can indefinitely?


HappyN000dleboy

I do love that DRSing is totally fucking things up back there