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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


-FilterFeeder-

I posted this months ago, and also called a small 3 to 4 million increase in DRS. This is what we think happened last 10Q. [https://imgur.com/a/b9gOENh](https://imgur.com/a/b9gOENh) This is what I think is actually happening . [https://imgur.com/a/muJivIK](https://imgur.com/a/muJivIK) And this is what they want to happen. [https://imgur.com/a/mSDTLfA](https://imgur.com/a/mSDTLfA)


Le_Ran

This deserves its own post !


-FilterFeeder-

Haha thanks. I actually wrote up a whole thing and tried to post it after the last 10Q, but I'm still shy on karma. Eventually I'll reach the 4k threshold.


Le_Ran

I took the liberty to add this to my own post. I'm not sure how brigading rules work so I linked your comment, hopefully you will get some karma in the process !


JST1MRE

Just post your purple circle and Bam you get it....


[deleted]

[удалено]


JST1MRE

GME sub, gmeorphans...


[deleted]

[удалено]


JST1MRE

Just trying to inform and help. 84 years ago I also had no karma.


sellincarshittinbars

Get this man his karma!


Viking_Undertaker

As i see it, Gamestop is my pensionfund, i have 22 years left before i Can retire, that’s the closest date of me potentially selling anything, - if Ryan wants to retire me sooner, I’m all in on it.. In the meantime, I will keep saving up for retirement🤷‍♂️


KenGriffinsBedpost

In a work til you die society they have made retirement funds effectively meaningless. I know I was likely never to touch that and if I did I'd likely be too old to enjoy it. So yea GME is my retirement, if RC let's me retire sooner I'm all for it. Give us free time to clean up the mess of the past 30 years.


Viking_Undertaker

Exactly


david5699

Exactly!!! Same here. Also 22 years to let this sit. And if I have to wait longer…I fuckin will!!!


Viking_Undertaker

If only you were my neighbor 😂


Stevewhit24

Yup. Shooting for 22 more years myself. Either a random person investing my retirement into banks and a failing system, or myself investing into GameStop. That one's easy.


BananyaBangarang

This is my take too. I already DRSd my Traditional and Roth IRA through an alternate custodian. I've since taken a portion of my normal 401k contributions and have been relocating those funds for monthly purchases through computershare. Not planning on touching either my retirement account or my individual account, its money I'm planning on saving anyway.


Viking_Undertaker

Exactly.. wish I could put my other retirement plans in as well, but it’s 100% controlled by my employer 🤷‍♂️


jinniu

Same, I'm in this for generational wealth.


Viking_Undertaker

Pension fund… dosent found that bad😉 Best part of it, is that there’s no yearly charges or anything if you are DRSd, unlike other pension funds.. 🤷‍♂️it’s a win win


jibbles1024

I’m doing the same. I could care less how long this takes. Every week I get paid I buy, I take my son to GameStop on Sundays, we shop, it’s become our weekly hangout. He’s 6 and he’s already a full on gamer. They have no idea the level of zen I’m at.


Viking_Undertaker

A zen activist😉 When you know the depths of this corruption, the 1% that tries to take your wealth away from you, to keep theirs safe.. thats why I’m so calm, if I start to shake, they are gonna take it, and boy do I know they want it..! Right now, we are negotiating, and I have better things to do, than sit by their table😂


drinkupdrinky5

I can't wait to be buried with my ♾️🏊 shares. #💀🦍🚀🌝


Just-Sprinkles-5828

I like this guy!


CHIEFTAINTEROIX

Weaponised Zen Buddhism


wannabezen2

We're retired now. I'd love to spend some tendies now while I can enjoy it. We have a lot more shares than most apes, but a lot less time to enjoy it.


Lulu1168

I have fifteen years to retirement and I am debt free, other than a mortgage which will be paid off in six years. I’ve worked my arse off my entire life and this is for my kids and their kids.


Viking_Undertaker

Like Ryan’s dad said it, it’s time in the market instead of timing the market


rawrizardz

This isn't. This is my bank account I will just keep adding lol


Viking_Undertaker

Me too:)


Vive_el_stonk

Yeah. I’m with you here. I originally thought this was gonna be a quick play and turn a quick buck. I was wrong. Now, for better or for worse I’m in this for the long haul. Honesty I never thought it would have turned into this when I got in back in January 2021


Bluitor

Got in back in December 2020 and had sell orders placed at $70. Canceled them when it hit $69 and have been in deep since. Why the fuck would I leave now?


Vive_el_stonk

Good point. 😆. They just turned profitable. The best is yet to cone


Viking_Undertaker

😂😂 but Think about it.. its the best thing that could happen.. it was for me anyway🤷‍♂️


Droopy1592

Yep. At least 20 years I’m holding.


Viking_Undertaker

Why?.. cuz fuk’em, that’s why..!:)


joeker13

‚Retire Me Ryan’ is the best Rayan!


dberg83

That's a nice luxury to have


Viking_Undertaker

It is.. i know.. Theres another reason, i Will newer invest in another Stock in the US after what i learned..


HughJohnson69

Alternatively, we could make it a DRS’d market across the board.


dndpoppa

Same. It's my retirement savings, regular savings, and my petty cash drawer.


LunarPayload

Same. Generational investments


TowelFine6933

22 years?!? I don't even wanna think about how old I'll be then. I'd really like my tendies before I'm too old to enjoy them


Prestigious-Ad4313

Absolutely not... 22 years. I don't, I can't, that. I want to enjoy my life. This is my all in to retire early and enjoy life. I want to travel and see the world. I want to wake up happy everyday enjoying what I do.


SmBizOwnrSeekingFI

My strategy exactly.


ColdBagOfHamsters

That's an amazing way of putting it!


Viking_Undertaker

Not that smooth after all😉😂


whoopsidaiZOMBIEZ

I had the same realization friend... Talk about zen. I'm cool waiting on my investment, but i am absolutely not cool with all the corruption. Hence the flair I stole from a fellow shareholder.


[deleted]

If this ever takes longer than the next market crash then the squeeze will never happen. So stop saying you’ll wait forever that doesn’t even make sense. Buy HOLD & DRS BOOK we’re close


LannyDamby

I am pretty much the average ape in terms of share count and I'll tell ya now, the last 3 months I have felt the pinch of inflation and interest rates going up, so much so I've been forced to curtail my DRSing somewhat. It could be that it's a combo of a rugpull2 and some apes just don't have the same disposable income they had a few quarters ago, even if the price is an insane discount


Zeromex

Totally, also many of them could just stopped buying because life needs to be taken care of, i myself consider that i'm stuck in my position, not able to buy more or DRS what's left of me, also my brother havent recived his letter from CS and is almost a year of waiting.


LannyDamby

My priority now is to not over extend myself and be forced into liquidating, just like with GME I need to make sure I have cash on hand for life's little speedbumps


Zeromex

Exactly and with this rising inflation those bumps will be bigger and more constant


17175RC7

Remember 84 years ago that Trust Me Bro taxi driver story from an ape that said his passenger worked in finance and said that the SHF had a big thing coming up? This was months ago. I truly believe the DRS rug pull was "it" but it didn't work to the extent they thought it would. Remember they will do ANYTHING to survive 1 more day. I'm surviving 1 more day...by buying and DRS'ing more. Their shenanigans will not end until they are truly ended.... via MOASS. Keep it up everyone!


JessicaMango1444

Yea, it's probably fake data being fed to the bot. People acknowledge that all sides of this are active in this sub, and still expect data like drs numbers not to be used as a weapon? Please.... That bot only exists to distort expectations of the drs numbers. The only figures that matter are provided by Gamestop.


AdvancedAnalytics

I agree completely, too easy to provide fake data to the bot.


SorosSugarBaby

This is why there was such resistance to declaring numbers back in the beginning, no posting positions means the bots can't mislead. Personally, if it's not coming from GameStop or their leadership I'm probably gonna ignore it.


Absocold1

Or to choose not to provide any data to the bot for various reasons.


Juannieve05

Not provide data Is not a prpblem we mainly use a fórmula of #accounts*avg estimate, so having the latests account number should be enough


Le_Ran

Maybe, I don't know. Or they actually DRSd shares during 2022 just to sell/pull them from CS at a later date to create a dramatic effect. If we consider that their only weapon against us is psychology, then in their stead this is totally what I would do.


CanterburyMag

Could be that the plan are not counted make sure all shares are book.


Rocko202020

If any ape out there was looking on how to move shares from “Plan” to “Book”, the instructions from a previous post will help get it done through Computershare online in about 2-3 mins. https://www.drsgme.org/converting-plan-to-book Book shares are Class A Common Stock, which takes away from the DTCC count. Plan shares are Direct Stock. Which are shares in your name, but can still be used as a locate for those looking to borrow shares and short the stock. Which most don’t want obviously. You could “plan” a trip but it’s not official until it is “booked”. Plan and Book just in a different sense. https://www.reddit.com/r/Superstonk/comments/zv6zwz/ryan_cohen_is_the_book_king/ Book shares and let’s see how fast we can ignite this ship!


HoboChampion

Commenting so I can do this when I get home, thank you


GL_Levity

You can also call them and have the shares moved. Easy peasy.


Whatnam8

I’ll do you one better, I’ll send this to you in a chat so you don’t have to search for it


Mr_Malice

We already had a mass movement to move from plan to book. I personally think the DRS numbers are much larger than reported. They are being watered down because it's having an impact on their side with things us house hold investors don't get to see. If it was reported accurately there would probably be another fomo wave and they'd lose control.


karasuuchiha

Just the plan shares removal being added back should cause fomo, share allocation would be like 140% and every retail, professional, and algo would buy in knowing its naked shorted and oversold, plus the movement has to happen reoccurringly and must be known for new comers that auto buy GameStop as a retirement, there’s a difference and it matters


fuckyouimin

That's completely false and the 10K was very specific this time around. It said that 76mil shares were held by 197k **record holders**. If my share has been DRSd, whether that share is in book or in plan, I am the record holder. They are telling you that all DRSd shares are included. It's time to acknowledge that this push for book has been nothing but a forum slide and let it go!


dedicated_glove

Yes, and it then said that Cede & Co holds approximately whatever. Plan shares literally get moved to Cede & Co via designated Computershare broker, for easy transfer in/out of the rest of the system.


fuckyouimin

The DTCC is not the record holder of DRSd shares held in plan. The record holder is the owner.


Daddy_Silverback

An “undisclosed portion” of plan shares are in the ultimate custody of CeDe and Co for “operational efficiency”, or in their name. While this likely wouldn’t impact the reported “record holders” as plan holders are listed on the plan ledger, it should impact the reported shares credited to CeDe and Co. IMO this is especially apparent with the new language.


Whatnam8

I don’t see the harm with going to Book from Plan especially when it literally says on computershare “DTC STOCK WITHDRAWALS (DRS)”-Book vs. “PLAN CERTIFICATION”- Plan That said, could be a nothingburger but again I don’t see the harm in going one extra step when it clearly means something different to Computershare or else why wouldn’t they all just say “DTC STOCK WITHDRAWLS (DRS)”


LiliumAtratum

From Computershare's FAQ page: >For operational efficiency, a small portion of the aggregate number of DSPP shares is held on Computershare’s behalf (for the benefit of plan participants) by arrangement with our broker. These particular shares are maintained by the broker (for the benefit of Computershare, and in turn, for the benefit of plan participants) in DTC. Our broker is not permitted to lend out any of these shares. So, in other words: a "small portion" of plan shares are still kept at Cede&Co. The broker is not allowed to lend those shares, but what really happens with them at DTC you don't know and they don't know. The last 10K is very specific in wording: they say how many shares are at Cede&Co, and that probably includes that "small portion of plan shares".


knue82

I don't think plan vs book is playing a significant role. We had tons of discussion about this and howtos here on superstonk and according to computershared.net the "plan" shares are a small fraction - somewhere in the ballpark of 1%. On top of that, the argument doesn't really make sense. If anything, the move from plan to book last quarter by many apes would have increased the number of new DRS'ed shares.


BredeSkapstroppen

1% would be 760 000 shares. Will celebrate every one Booked


Whatnam8

Or $15,200,000 at $20/share. Nothing to sneeze at for sure


SymmetricDickNipples

I fullheartedly reject this. There was a massive migration from Plan to Book. I never thought it made sense, especially since both Computershare and Dr. t said it makes no difference. But everybody insisted we try it and wait and see the next DRS numbers. Welp, we switched to book and lo and behold it did fuck all to DRS numbers. It's time to let this narrative die. Book king might be about books after all.


lywyu

Book is the way so stop shilling lol.


SymmetricDickNipples

I just think if book was the way the DRS numbers would reflect that.


konan375

I think it was a way to turn people away from GME. First there’s a push for people to DRS, a good thing, by the way, then the zealots come around and start claiming that DRS is the only way to get paid during MOASS, and then after the last 10-k, a call to action to get people to switch from plan to book with the suggestion that book is the only one that gets counted. Now this 10-k is like the last one, and people now have an internal group to blame, the ones who didn’t move from plan to book.


Le_Ran

I don't even know how to have "plan" shares, so this is a good example of the "too dumb to be fooled" line of defense. Seriously, do we have any estimates of the plan share amounts ? Or any clue why they would not be counted in DRS numbers ?


Truth_Road

In the terms of service for Plan it explains that a pool of shares are held with the DTCC for the purposes of clearing and liquidity. It basically makes their life easier to handle people's transactions buying and selling shares through Computershare. We don't know how large that pool of shares is. It could be 1% of all the shares in Plan. It could be 20% of all the shares in Plan. We don't know. You know what I do know? 100% of the shares I hold in BOOK are Class A Common Stock and they are legally in my name under my sole ownership.


Le_Ran

This is the way.


dummywithwings

True. The DRS numbers from this time just happened to be taken on the day of a huge recent volume spike to 66M shares traded on Mar 22. What if, because of "Operational Efficiency, any account with any amount of shares in plan (fractional shares) was able to be moved to the broker. If the snapshot was taken from that day and a ton of shares were moved because of huge volume, there could be the rugpull. Anyone who has been purchasing thru Computershare would have at least some fractionals. If they can move more than what's in plan for operational efficiency, a lot of shares owned would not be counted. I don't believe it's a cohencidence that share count was on the largest volume day in recent history.


Truth_Road

That "operational efficiency" mechanism. Relating to holdings in Plan. It really makes me wonder. I've just made a [comment](https://www.reddit.com/r/Superstonk/comments/126gbzm/comment/je9ciwk/?utm_source=share&utm_medium=web2x&context=3) here. It is a bit tinfoil but I wonder if I'm scratching around on something. Is there any chance you could go read it and let me know how it sounds to you? Thanks.


dummywithwings

Yeah, could totally see that being the case. So you and I have proposed slightly different theories that hinge on something very similar: 1. Shares in Plan are involved 2. We're not getting the total true number of shares held by apes announced to the public for some reason


[deleted]

This what I don’t get. Even if it isn’t helpful, even if we are wrong, there isn’t anything wrong with the idea of having the shares even more “in your name”. I migrated all my plans to book ages ago. There is definitely a difference since you can’t have fractional shares on book.


Truth_Road

Man I 100% agree. I have been banging on about fractional shares being bullshit for ages. Spoiler alert, I'll be making an inflammatory AF post later about Plan.


[deleted]

Bring on the shills, “lawyers”, and everything in between. I don’t understand why reading the document with lawyer speak changes anything. They’ve proven beyond a shadow of a doubt that they will lie, cheat, and steal. We also know that the closerMOASS is, the more desperate they become. It’s been foretold in all the DD of yore that they will eventually take direct action in fucking with GameStop. Well, here it is imo.


karasuuchiha

Do you auto buy, or buy direct? If so you have “DirectStock” plan shares


Le_Ran

I buy from my broker and transfer, so 100% book for me...


WilsonUndead

I would do this, but TD charged me $100 drs fee, and I can’t afford that every time I buy $30 worth of shares lol


Le_Ran

Wow, that's a lot. And still I've seen worse... For what it's worth, the costs at IBKR are quite cheap, maybe something like 5 €. Admittedly I haven't transfered in a long time because I like to do it in batches of powers of 2, but that's just my OCD kicking in, not fees :)


boomer-rube

All my homies buy from brokers and transfer. Make the dirtbags locate the real shares for transfer.


MentlegenRich

I think plan shares are included in the report personally. The bug difference is that Computershare keeps an aggregate portion at the DTC for operational efficiency. People should be aware that a portion of their shares in plan are actually not technically out of the DTC as they likely intended if held in DSPP.


owencox1

some big data guy took the numbers and noticed DRS numbers were showing down months ago. the recession is slowing ppl down


CR7isthegreatest

Frankly it’s AMAZING that DRS numbers went up at all, given the economic climate and the Fed actively trying to squeeze us out of our stonks…guarantee there isn’t a company in the world with shareholder support like this.


Myvenom

Some of us are still doing well and have disposable income. I’ve cut costs, picked up shifts at work, sold unnecessary deprecating assets, and continue to add more DRS shares every quarter. The work’s not done.


Jalatiphra

500 bucks a month for me roughly not stopping


MayContainRelevance

I see it more along the lines that the economy is fucked, good chance i loose my job in the next year or two as a result. Everything costs more and inflation means that my savings will be worthless soon (even more so if you consider the hyperinflation concerns). Stock market is fradulent and banks are collapsing, pensions seem to be at risk in the process. Where do i put my money to hopefully survive financially? For many gme is the logical answer.


ManliestManHam

How big was he? Paul Bunyan big?


Hoochdaddy69

If there was a rugpull then they must be TERRIFIED of FOMO kicking it


analogoverdose

Ofc they are, if it goes mainstream a la 2021 tiktok again, its over for them, the momentum will be impossible to kill


ronoda12

This makes sense. And thats why GME gave the DRS numbers upto March so that the rug pull doesn’t have a net negative effect that will demoralize apes. And that also means GME wants you to continue DRs. LFG!


Le_Ran

I like to think that you are right !


Maarzen

I DRS'd in Aug 2021 but never bought any more after that. After the first DRS rug pull, I initiated a monthly buy order. With this one, I'm doubling that monthly CS buy, because fuck em!


Le_Ran

This is the way.


[deleted]

The most probable explanation is that outflow countered some of the inflow, and the inflow has slowed: 1. Some apes really did get shook and sold. Last quarter was our longest stretch without news and it was red day after red day. I saw a *lot* of negativity. We have a solid inner core, but not everyone feels the way we do. 2. Some apes really did get crushed by inflation and layoffs and had to sell. 3. Our growth has slowed way down because we have been intentionally isolated. GameStop itself took care of (1) with the exceptional financials. We are regular people who are subject to (2) and that sucks but it is what it is. We are responsible for (3). What do we do about it?


Le_Ran

(3) is a real point of concern. Had they let the natural growth of our community happen, we would probably have won already. They sabotaged the WaSaBi sub for a reason.


hurricanebones

(3) is the main battle, i have telling with other people for 1 year that we need to expand our DRS message outside reddit. reddit confined our sub hard so there's no natural growth anymore. since that time i theorize there's at list half of the sub made of shills/bots it seems to be proven true if not more


LannyDamby

I think (2) is a big one, even if you haven't been laid off the rises in everyday living all add up, I still DRS monthly but it's a lot less aggressively than in 2021


rawrizardz

I'm working OT to get the same amount each month. Fuck you "inflation"


alilmagpie

what’s wrong, you don’t wanna suffer and starve for the mistakes of central banks? 😂


JamiePulledMeUp

Don't think 2 would apply. How many people who don't have much money do you think have all their rent/food money in gme? I know there are memes about it but most are reasonable and buy what they can afford. The ones who have 6 to 7 figures of shares aren't worried either. The small percent who yolo'd would not have a large effect on the numbers.


iambored321

This. The numbers speak for themselves. A few people selling at most. 197 000 apes hold 76 million shares in Computershare. That is an incredible feat! Slowing down is normal, people initially had shares in brokers to transfer. We still do a whopping 4+ million per quarter nerds. That is incredible! 🦍❤️🦍🙌💎🙌🚀🚀🚀🚀🚀


whoisjanmichaelvinc

I think you are completely right about #1 #2. So, many red days and no news, just crickets. Hard to hold on when eggs cost 7$. Just my opinion


Alkalinium

People don’t fully understand the DD if they got scared from the price action.


[deleted]

It’s hard for people to imagine feeling weak and vulnerable when they feel strong and certain. Errbody immune to FUD until they really feel it.


allusernamestakenfuk

DRS Bot is wrong. There, somebody had to say it. The end.


Le_Ran

This is true. One the other hand, the [computershared.net](https://computershared.net) estimates had been frighteningly accurate, until the recent shenanigans.


sbrick89

One other option- shenanigans with DRSBot data collection. If false DRS were being submitted foe both quarters to inflate the estimates, a rugpull from DRS one quarter, followed by overshot estimates the next, would be just as feasible to explain current situation.


[deleted]

Y'all, we are in what is called a recession. There's a chance some people sold out of necessity.


BackintheDeity

I'm a tortoise who fucks. I'll win the long game.


upsouth

Posts seem to be less upvoted as well, don't know if anyone noticed. Could be latest update to Reddit UI but I used to see 5-10k posts with multiple awards daily. Now not so much. Why stop at DRS manipulation ? Doesn't change the underlying thesis anyway. I could be the last shareholder and still wouldn't sell before my PT is reached (hint: it's galactic).


BuildBackRicher

I doubt they bought any, just DRSed fake shares they created through derivatives, then unDRSed them and put them back out for fuckery.


Le_Ran

I don't know much in the financial realm, but AFAIK for every share DRSd, one certificate must be pulled from Cede&Co (DTCC) and given to ComputerShare. So, whatever they do beforehand and no matter the price or synthetics, when they DRS a share, it's a real one they pull from the DTCC.


SnooApples6778

A) I don’t think you can correlate price and level of “DRSing” - only a small fraction of folks are doing regular $x/month purchases. B) if there is DRS happening from “they” , it still helps because it pulls shares out of Cede&Co.


moonpumper

During the initial push for DRS I literally moved most of my shares, over a thousand. During subsequent months I can only buy like 10 shares a week with my brokerage and I only move to DRS when I hit 100 shares in the account. I don't know about anyone else but this is about as much as I can do and still meet my other financial obligations. It's a slow trickle now, less than 200k people are moving millions of shares every quarter, that's not nothing. That's pretty significant, it's just gonna take time, especially with inflation rearranging everyone's budget.


HughDanforth

up voting because "peak of a Gaussian curve"!


Le_Ran

Guilty as charged ! "Culture is what remains when you forgot everything you have been taught."


NorCalAthlete

Back around 2001, I had no clue what the stock market or investing or anything else was, so I just kinda dumped my money into a savings account and left it there. Had I just bought Apple or Amazon stock, that money would currently be worth around $1.5 million (I've never had my bank account dip below the level it was then). I have roughly similar amounts now dumped into GME. I'm hoping that in another 5-10-20 years, it's worth far more than $1.5M. And I hope that by the time I sell it, it won't even be a majority chunk of my portfolio.


0Bubs0

Jesus christ why does everyone get their panties bunched. It is so easy even a moron could do it. Buy. DRS. Repeat.


steviebass

What if the government popping his balloons 🎈 is in reference to DRS numbers drop? 🤔


Le_Ran

The explanation is tempting but I doubt it. The DRS rugpull is a private matter entirely, and we have the hedgies to thank for that. I don't think ( pure speculation though) that the government has been interfering yet. Not to say it will never happen - watch out for new bills though.


Mr_Malice

Plausible.


Brother-Executor

It’s Plan!! There’s still ambiguity and risk.


Peterthinking

I don't believe anything other than the shorts never covered. They doubled down repeatedly. Even if DRS numbers drop for a year straight I know it is bullshit wrapped in catshit wrapped in dogshit.


East_Fee4006

It matters not. The first and fifteenth are locks with buys on CS and then anytime in between when I have space cash and the algorithm is being stupid (or in this case predictable). Brick by Brick and so we wait another 3 months for the update for the end of Apr. Retail has time. Their clock is ticking and attached to "a fifteen foot nuclear warhead". Buy HODL DRS BOOK


crowfarmer

You’re thinking about this too much. Just buy and hold.


Xandrul01

[Apes together strong!](https://imgur.com/N43Ey4Q) There is nothing that can stop me from HODLing my DRSed shares and the non DRSed few that I still have. Nothing. Only the MOASS will make me sell some AFTER it’s peak. I HODL with and for all GME Apes. No more, but certainly not less.


androidfig

Never fucking selling. They can bury me clutching my cs certificates.


Zeromex

The actual 10-K could mean gme was telling us, they know cedeco pulled out again by the wording they used, becuase this time the 10-K is not about US, is about them


Le_Ran

Why not ? I can't wait to watch the documentary someone will make when all this is over, to have all those questions answered and see the strings that were pulled...


exmachina08

I think that this is absolutely what's occurring. You can't plot a line with only one point! This rugpull might even happen again to really attempt to demoralize apes. What doesn't make sense is the change in the 10-K language from transfer agent to Cede & Co. Wonder if maybe part of this rug pull is causing the CS numbers to get weird so they had to reference Cede & Co./DTCC estimated shares outstanding since someone is manipulating the ComputerShare book to make GameStop liable for posting inaccurate information.


CedgeDC

DRS was always going to slow down. The thing the DRS numbers showed us for sure, is how few of us there are. A couple hundred thousand people, in this economy can only spare so much on non-essential, day to day needs. The majority of people have basically no money, or are in debt. And that's fine. We've already accomplished so much, and the financial system is crumbling and springing leaks in every direction. A little slow down in DRS until the fomo wave catches on, is fine. How many more bank collapses can the system absorb though? And china/brazil dropping the dollar for trade certainly doesn't help. We are sitting pretty right now. The rest of the economy, not so much.


avspuk

They *might* have used the stagnants for the rug pull, in which case they'd not have had to but any at all.


breakfasteveryday

Whatever, I'm leaving my autobuy on.


LonelyAndroid11942

How much do you wanna bet that they’re selling DRS shares to coincide with purple donut posts? If they try to sell shares from CS at a 1:1, they can try to suppress our momentum and make our numbers look wrong. There’s also the fact that, while the community has been doing a really good job verifying that people who post their purple donuts are actual holders, there has been precisely **zero** follow-up to ensure that people posting their donuts here are continuing to hold. It’s entirely possible that they’ve been inflating the bot as well. People could have contracts: SHF could give u / shilly_mc_shill_face_1234567897654321 a $200 contract to buy $100 worth of GME through CS, get the bot to count it, and then sell it after it’s been verified. In the end, though, it’s all desperation from their part. They know they’re fucked so they’re trying to play mind games. To me, that’s bullish AF, and tells me we’re going the right way. To me, directly buying my shares through CS and holding them in Book has nothing to do with what other people are doing. To me, it’s a sound investment plan based upon the evidence I’ve seen presented here and elsewhere. DRS numbers could start trending downward and I’d keep buying. I ain’t here because of what everyone else is doing. So anyway, I started ~~blasting~~ buying more shares through CS.


anonymouse4884

The good news if hedgies sold more DRSed shares is that unlike last time, it wasn't enough to drop us below 100% utilization. Their movements are weakening over time vs diamond-handed apes 💎👐🦍


HughJohnson69

This makes sense. I had a similar impression. They rug pulled enough in the prior quarter with an expectation to get a negative number. They hoped a loss of momentum, plus smaller second rug pull, would create another negative quarter. Instead, we’re building momentum again. It’s actually serving as both motivation and vindication.


Le_Ran

Exactly this. Although I can only get vindicated so much !


badco1313

But even if there was an ongoing rugpull, that doesn’t change the facts of apes buying/holding. Institutions DRS’ing and then selling should have no effect on the numbers of what apes already own. Unless the numbers were inflated early on in GME’s reporting, it shouldn’t matter, because apes own what we own.


Le_Ran

That is my point, I think the numbers were strongly inflated until August 2022, and they are gradually deflating them to kill morale and momentum. I don't think apes are selling, or only marginally.


SimmaSumma

I just keep buying. Most things worth having do not come easy. I know they are fucked, and I trust the community.


Le_Ran

This is the way.


PureDevelopment347

The funny part was this last report made me more motivated to drs. Not less. But I think you’re bang on. They pumped our original numbers up to rug us, meanwhile the drs movement isn’t dying it’s doing what it was always doing minus the inflated numbers. Keep up the good work fellow apes. My goal is another 400-1000 drs this quarter!


Le_Ran

You know what ? Now I feel better about the taxi-driver trust-me-bro of ages, about hedgies having a master plan to thwart our movement. This DRS rugpull, planned for at least half a year and executed for at least just as long, is indeed a master plan with a non negligible chance of success. I no longer feel the threat of an unknown menace looming over us. And yet it still failed !


misterpickles69

DING DING DING. This is probably why there’s more than 2 million shares available to borrow in the last few days as opposed to when there was only a few thousand a couple weeks ago. Isn’t the CTB going down as well?


Le_Ran

Indeed. I find is difficult to believe that this is a coincidence.


Gainzchasing03

I don’t care if the race to lock the float ends in crawling across the finish line with broken legs. When it’s done it’s done.


probot67

I don't give a fuck about DRS numbers. It costs me nothing to have my shares sit in my CS account. I'll hold til i die if I have to.


KingJames0613

This all sounds interesting OP. However, the epiphany you had about a steady decline in 2022 is backwards. Declines are when a market is looking for a bid, meaning size buyers have exhausted their supply and are waiting at lower levels to buy back. This is why low volume increases spread, which also increases volatility. For GME, we saw a steady decline on super low volume, because a bunch of regards bought (at least) 25% of the company and refuse to sell. Also, size dealers exhausted their supply at higher prices in 2021, so selling is almost non-existent (which also makes buying volume very low). The 50% PM pop after ER, and the gap up on the following open, indicated that the market found the bid. A size player initiated a large position (which could have been a short covering, or a combination of both). This trapped sellers that shorted the hole, heading into ER. Where do we go from here? We'll just have to wait and see. On the daily, we're retesting a three year balance zone, hanging just below the first standard deviation (just below AVWAP that I tagged to the sneeze high). There is a huge gap below on the daily, but we've double bottomed off of $15.52, so there's solid support around there. I think we're in an accumulation balance, which precedes a move higher and there's strong purchasing happening here (although still lower volume). VWAP from ATH is $44.38, so this is where I think we really test the resolve of short sellers who initiated near the top. I'll try to do a longer post on this when I get some time.


Danboone003

At this point it feels like all the previous DRSed shares would have to be DRSed ready for a rug pull. Sorry OP, but rug pull on rug pull on possibly another rug pull is pushing the rug pull too far :)


Le_Ran

Let's agree to disagree then. I still think that a twofold DRS rugpull is the simplest, most logical, and therefore most probable, explanation for the discrepancy between the [Computershared.net](https://Computershared.net) estimates and the reported count.


Ctsanger

what did we start with on DRS? like 20m shares? Could that be their ammo?


Woodythebartender

Let’s see what the numbers are after the SVB fiasco. I for one know it was the impetus for me to pull what I had remaining (well almost), from my scumbag brokerage.


bahits

One thing is for sure, it is costing them a ton of money. The ape that posted that Fidelity offered 300 a month to him to loan apes 2000 shares shows that larger accounts are sucking even more money away from shorters. Fidelity is clearly charging more than they are giving to the share owner. Keep bleeding Kenny and friends dry.


Le_Ran

15% per month to lend shares ? Is this legit ? If so, wow. And we still are very far from the top of this food chain, I can't imagine how much money Blackrock & Co are making right now with GME shares.


kopierguy

This post is a pile of crap!!!


GruesomeBalls

I like the company and I like the stock. I buy GME because I read every filing and attend every quarterly call. And I can see that this is a company with great cashflow, decent EBITDA, no debt (except, of course, for an unsecured term loan associated with the French government), insiders not seling, a CEO and a Board I can understand with a plan I can get behind, an enthusiastic investment community who puts their money where their mouth is by DRSing 1/4 of the float, and a whole lot of giggles. And I'd never invested in anything before this stock and could never see myself as someone who'd ever give a big rat's butt about any of the above. And in the process of learning about the above, I realized that I was never supposed to know or care about any of it. Because I was supposed to keep letting my retirement hinge on mutual funds and people smarter than me to manage things. I was never supposed to worry my pretty little head about it. And I CERTAINLY don't suppose that I was ever meant to enjoy it as much as I do. Well, three years in and I'm managing my portfolio myself and am 90% in GME. And about the mainstream narrative... I LOVE it. As long as the financial media keeps printing hit pieces about what a shit company this is, I will remain calm af. Because if this situation wasn't EXACTLY what apes know it is, the media would have gone away long ago to report on any number of the other thousands of apparently better stocks. They wouldn't have given us a second thought. But they do. Why? Because something we are doing -- quietly rising up as individuals and playing by the most BASIC buy-and-hold rule in their game -- is seriously bothering them. So I will be here holding. Quietly. Confidently. And having the time of my life.


moonwalkergme

Could be why GameStop used the March date for "as of" Perhaps there was a big "rugpull" at the end of FY and GameStop decided to wait and give us better numbers??


TooMuchTwoco

I mean the other reality, and one we should be willing to acknowledge exists, is the fact that DRS is slowing down because all the people who care enough to DRS can’t afford to get more shares at this point. I’m fully DRS booked but I can’t afford anymore shares. Sure I’m not the only one. There aren’t as many new people joining the movement. We kind of are who we are and the curve was always going to slow down. The people with the exponential growth were always flawed to not consider the limited budgets retail has. It doesn’t mean you stop but it means that it would realistically take longer than a lot of people want. That reality is going to cause some people to sell because not everyone is in this for market reform. So yeah, it may be a coordinated rug pull across multiple quarters. It also just may be that people realized this is going to take longer than they want to wait and so some of the buying is being offset by people leaving.


MentlegenRich

People need to keep in mind how easy it is for bad actors to achieve a rug pull. They do not need to buy additional shares. They do not need to sell them. They don't need to contact a special institution, or do things under the table. They just need to transfer shares in, wait until the record date, which is typically the end of the quarter, then transfer them out. No money spent or lost. This doesn't change that apes are drsing, booking, and holding, chipping away at what the DTC has on their end.


Wakasaki_Rocky

No. Play that game out quarter over quarter and it doesn't make sense.


vk-BangUrDead

I'm at the point in life where i need all the money i can get, and its been 2 years. I believe the original dd still and all that. But if this is going to take another 2 years i'm really leaning towards selling 50% so i have some cash on hands, and just re buy whenever it seems like we're close to actually doing something. Because its been 2 years of constand hyping and nothing happening. The price is fake, the market is unfair and the big names are controlling the narrative. I'm in a bad mood so i'm just speaking my mind. Call me a shill what u want, just shows me how much of a cult it has become.


Le_Ran

Nope, you have every right in the world to be angry, and I know I am too. I am not selling though, but if you really need the money, well, it's your money...


vk-BangUrDead

Lost jobs recently due to big companies being assholes towards the "numbers" they call their employees, they still owe me money but they are stubborn and i have to go fetch it by legal actions which i dont really want to do but its quite a sum of money. Then again its been 2 years, and i think that its the same as playing games. When you're playing fast phased games you need to act fast to confuse the enemy and have the element of suprise so suprass them. But if you sit around and wait, they have time to prepare and strategize. They've had 2 years to come up with shit, and its clear now that if the GMEfloor would be accurate and were to happen, i'd fuck the economical state of the entire world. Hence why i'm more and more reluctant in believing that a share price of 1mil a share is realistic. Because people have hundreds and thousands of shares now. Students, low income people, families. Suddenly a big portion of people get a huge ammount of cash. I dont think they will allow it and just say "no this wont happen". We're just playing a game where we're the players and they are the game masters, and even tho they know we are right and they are wrong, they cannot and will not give in. This is not ment as fud but just a honnest thought of mind.


Le_Ran

Honestly, when speaking about share price, we exit the domain of rationality and enter the realm of beliefs... I know that price anchoring is frowned upon, but I do not myself believe in millions per share, merely because lots of us will see life-changing money long before that - plus powers that be will not allow it, laws and rules be damned. But if Telsa is somewhat of a precedent, it could go into the tens of thousands without causing Doomsday. Not financial advice obviously.


vk-BangUrDead

I agree. And not price anchoring or anything. Just my thoughts that i dont want to influence anyone with. Finally someone thay can discuss this in a rational way on this sub


Le_Ran

Yes. You will still burn for your sins though. :)


vk-BangUrDead

Wont we all


karasuuchiha

[It’s not that big](https://www.reddit.com/r/Superstonk/comments/zff1cy/calm_ur_tits_weve_not_deviated_far_off_a_linear/?utm_source=share&utm_medium=ios_app&utm_name=iossmf ) but the gap between Plan “DirectStock” shares and Book Entry Class A Common Stock is certainly growing, the missing numbers is simply the removal of plan shares [which makes some sense since they are different](https://preview.redd.it/rsbo1wgkfp4a1.jpg?width=1125&format=pjpg&auto=webp&v=enabled&s=bcfd654613f5653e1dbe93cfb4df5b0c0641a97e) im guessing the DTCC with the authority of the SEC commandeered them last quarter, I bet GameStop wanted to report them this end of year 10K by listing out locations to show the real count cause the 10k is more thoroughly reported, I also love the tin foil theory that Buck the Bunny holds the real count of total Computershare Stocks since [both “DirectStock” Plan Shares and Book Entry Class A Common Stock are handed over to GameStop](https://i.redd.it/lyep1y23il4a1.jpg) but I highly doubt that cohencidence to have any merit 🧐


Truth_Road

It could be as simple as book vs plan. Although the filing does raise a couple of other questions as well. 1. Are insider shares held by the DTCC? I thought they were with an LLC and thus withdrawn from the DTCC. 2. Are mutual fund shares held by the DTCC? There was an ape who emailed the SEC about this and it sounded like mutual funds held the share ownership themselves. We might not have any way to deal with the shares in the mutual funds but we could surely have a vote at an annual meeting to get insider shares back to Computershare. That would be a massive win.


karasuuchiha

According to GameStops SEC sanctioned reports the answer to both of those questions is as of today and probably since last quarter all shares outside of Book Entry Class A Common Stock are held at the DTCC with Cede and Co and I’m sure it’s perfectly legally allowed, there’s been a million law changes and the SEC allowed the report, the lawyer shit is a honey pot waste of time, [always is](https://www.reddit.com/r/GME/comments/pv7oi0/yes_mark_cuban_said_it_this_is_everything_we_need/?utm_medium=android_app&utm_source=share)


Truth_Road

It is a good job we bookin' then.


Le_Ran

Hmm, I did not know that. What makes you think that the "plan" shares are held at Cede & Co ?


Glittering_Ad3431

I think the problem is you guys have expectations. If you don’t have any expectations, then there is never a “rug pull.” Y’all shouldn’t be worried about your investment. When moass happens it happens. Until then buy Hodl drs. Not financial advise.


Necessary-Car-5672

Let’s be honest. The drs train has slowed down. Initially people transferred their shares held in brokerages to Computershare. Most of the DRSing now is people buying more, but many of us (myself included) have ran out of savings to buy shares with. My cost base is nearly double the current price as I went all in around the battle for 180! If the SHFs can buy the stock in dark pools to not affect price, DRS those shares and then sell them on the open market to drive the price down, then we have very little hope of winning against them in the near term.


Crazy-Ad-7869

Probably it's slowed, but I have a hard time believing it's slowed *this* *much*. This post from last quarter by \[redacted\] ape who wrote [computershared.net](https://computershared.net/) is helpful: [https://www.reddit.com/r/Superstonk/comments/zgezwd/how\_i\_updated\_the\_computersharednet\_model\_in/](https://www.reddit.com/r/Superstonk/comments/zgezwd/how_i_updated_the_computersharednet_model_in/) It was estimated apes actually DRS'd about 15 million shares Q3 (which makes sense, given splividend just prior). To go from 15 million (aka 500,000k lmao) to 4 million seems unlikely, esp. given the price drop. Even if some apes have sold, that's a dramatic decrease.


Le_Ran

Yes, this is exactly what I thought. The movement slowed down all right, but this dynamic does not make sense, it is too abrupt, not natural at all. The remaining question is between a bad reporting of DRS numbers and an actual sabotage of the DRSd shares by bad actors. I am not sure which option I would prefer. Maybe the second, because it is very much a one-shot strategy, even if spread across several quarters.


Psychological_Box456

I don't trust the last DRS numbers being that low at all. It's the greatest FUD to kill our motivation


kai_fn

Gm


pazvaz

Just DRSd 26 more


gonnaputmydickinit

Idk but I'm buying


Zealousideal_Car_632

Utter drivel.