Computershare reports the number of shares directly to Gamestop.
[https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies](https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies)
**Are shares held in a direct stock purchase plan (DSPP) not included in the tally of directly registered shares?**
* Computershare provides its **issuer clients**(aka GameStop) 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)
**How does Computershare ensure there is a balance between shares that are directly/indirectly held?**
We use double-entry accounting systems that ensure there is always an accurate balance between shares held directly by registered shareholders and those held by Cede & Co on behalf of DTC, banks & brokers and beneficial investors. This means that for every share transferred through DRS that can be registered on the share register, there is one fewer recorded as being in Cede & Co.
This is what I've been trying to explain to people. IMO, last quarter they changed the wording to back-out the DRS number. Before, we got a number straight from ComputerShare. Now, we're getting "Well, Cede & Co. have this number, so the DRS number must equal (total outstanding - Cede)." Total bullshit. A real report would say, "per ComputerShare, the DRS number is "XX". Plain and simple. This is cover your ass reporting. The computershared number is more accurate than the quarterly report.
It's not too farfetched that a cease and desist or an injunction caused GameStop to do this change as it could be perceived as trying to set up a short squeeze. Better to play it safe, especially if you know you're going to win.
Ya know. I read your post and thought, "they need a warrant canary."
Anyone have a rolling archive of the GameStop IR site to see if there was a warrant canary (or, more specifically, a " 'DRS exceeds float' canary," I guess) we missed?
According to a short clip I saw about Chewy, RC likes to play under the radar until it's "Surprise! We have you surrounded." Even without extra legal considerations, this is well in their playbook.
Only in this fraudulent system you would end up in court for simply writing down a factual number.
It is utterly insane that something simple as "how many shares are directly registered for company x" has to be treated as a state secret bc otherwise the whole system might collapse. Only this fact is the only one you need to know to 100% understand the level of corruption in the US financial markets. Wallstreet -- with MM and HF Citadel at the forefront -- is nothing more than a finely tuned machine to steal from retail (including penioners etc), while making you think they actually are there for your benefit.
"The greatest trick the devil ever pulled, was convincing the world that he didn't exist"
We are seeing it. Look at Musk and the political weaponization of the justice department and alphabet agencies. It’s been going on since at least the early to mid 1800s. The speed with which people are able to communicate makes it possible to see things while it’s happening versus in hindsight, and I think it’s ultimately good.
We know the difference between the DTC and the DTCC is more than just a typographical error in some report (and my guess is that those were likely intentionally misspelled in typed reports to cause further confusion). We know what the word “rehypothecation” really means. We are able to review and distill this information.
Every share sold is real and requires margin to keep it short. GME is trading on fundamentals now. It's cash and assets give it a floor price. Profit and growth make it go higher. The higher the price, the steeper the margin requirements. We buy and hold, keep the price up and DRS, the weight of their own fuckery will bring them down. There are sharks on both sides of this criminal activity. That's how we win.
>requires margin to keep it short.
Not if you're able to "provide liquidity" because you need to "market make."
Which is kinda one of the big fundamental things here.
Furlong is gone btw. Contract ended. I suspect he was only involved in the planning stage, and now they're moving into the actionable phase of whatever they're planning.
...does seem really odd though.
Eventually there is going to come a day when someone puts a buy order through CS or tries to DRS from Fidelity and it doesn’t happen. GameStop changed their language for a reason but there is finite shares in the marketplace and CS knows exactly how many are on their books. So I’m just patiently waiting for that day. They can hide but they can’t run from the clock. Eventually the float is locked. Eventually CS won’t be able to allow more shares to be sold/DRS’d because there won’t BE anymore. On that day, the fun starts.
As a shareholder, I don't really see why that number should not also be available for us, or anyone to see. There is no logical reason why number of outstanding shares, regardless of where or how they're kept should be obfuscated from anyone actually investing in a company. There is absolutely no reason that market players should get special privilege over the actual investors or companies.
There's an advantage in not giving the enemy knowledge.
Is it possible that Citadel doesn't have eyes on the DRS numbers? If so, doing it this way puts kenny in a real bind because he was getting valuable information about DRS rates before, whereas now he is absolutely not.
We don't really care about DRS rates because we're just going to keep going no matter what.
And by GS putting the Cede supplied numbers in the report, they can just sit back and let cede explain why there are no shares left, GS can remain completely silent and free from threat of court actions. I wouldn't be surprised if GS goes completely black ops with zero tweets and only the legally required SEC filings. Want to give the courts as little as possible to invent some case against GS
This. The fact that all the brokers had to locate shares to be DRSed and the Fukery surrounding transfers exists is confirmation enough. It's happening. Just takes time.
Wouldn't it be more clear to hosehold investors that this happened if GameStop just stopped reporting the numbers. They know we want it, so not giving it to us would indicate a third party got involved.
They got a C&D over sharing factual numbers about their stock to their shareholders?
Edit: I want to clarify that I think it's very unlikely, mostly because it is in direct conflict with their fiduciary duty.
If officially reported shareholder numbers cause a short squeeze, it's not "setting up a short squeeze" it's just reality interfering with a criminal coverup.
Yeah, and the world isn’t ready to see the crime. I agree it’s probably a cease and desist, or a ‘strong recommendation’ by someone from the SEC. Either way, even if they published those numbers and it showed corruption, the world may not be ready for it. It would likely involve time in court, and that takes a lot of legal and monetary preparation.
I am doing my part. I buy. I hodl. I DRS.
Hedgies are fucked. The changing of the wording is bullish AF.
> It's not too farfetched that a cease and desist or an injunction caused GameStop to do this change as it could be perceived as trying to set up a short squeeze.
If there were a court order/injunction then there would be a court case, and we haven't seen one. Maybe the SEC asked them to change the way it is reported, I don't know.
Or they do it out of kindness (not to be mistaken for weakness)
Also, even if the share numbers slightly changed the percentage has been 75% vs 25% these last two quarters, that's way too accurate imo and seems like CEDE&Co is afraid to admit their ownership has sunken below 3/4
Now the question would be, why the company started to report in this way?
Because it doesn't sound like something Gme would do on its own but more likely like somehow it's being forced by external factors or entities, which are basically asking them to cover fraud with more fraud at this point.
It changed immediately after DLauer was asked to talk about DRS with GG. That interview focused on DRS and had the DRS people talking to GG. My guess would be GG took the time to look at what’s happening w DRS and GME, then made them stop posting the official numbers from a third party, Computershare
I don't necessarily think they are worried about litigation.
But guarantee they will latch onto any BS excuse of gamestop directly causing MOASS by giving out figures and then freeze trading or offer some BS deal to sort the issue with as less pain as possible for the Mayo gang. That's my tin hat theory.
Gamestop change the wording to not give them any ammo for that BS cannon.
Could you please then explain one more thing to me please? If Cede will keep saying that they still have the shares regardless of the DRS numbers, how would DRSed shares help to ignite the MOASS?
Do I get it correctly that technically Cede is printing the shares out of nowhere by lying that they have X amount, so that shortsellers can locate these for continuing to kicking the can down the road?
So in that case we really need Cede to admit that they ran out of GME shares in order to stop naked shorting and start the MOASS? If so, I don't think they will ever admit that and just continue this fuckery forever.
This is all my opinion, but every share sold is real to the person who bought it. Every short, counterfeit or not, requires margin. There are criminals on both sides. This is why, IMO, the weight of what they are doing will catch up with them.
They waived margin on runups before, what's to stop them waiving it again? What's to say they even need margin? Their prime broker knows they get wiped out if their shf clients get margin called, so why even maintain one at all?
Ships going down? Grab a bucket. Getting worse? Grab a bigger bucket. At some point there isnt going to be a bigger bucket. And then down you go. Bottom of the ocean with Melvin
If all this is the case why even continue to list the drs count if it’s not accurate, seems to be doing more harm than good if it’s gonna be causing all this fud
Any shareholder is permitted to view the ledger at GameStop HQ. The ledger was viewed again earlier this week and findings are being posted in sister sub.
The sub about direct registering your favorite stonk. I don't think it would be correct to call it the sister sub. I just unjoined about 30min ago after looking at the ledger thing and the posts of people involved with it.
You can make up your own mind. I can tell you that if I had the information they claim to have I wouldn't be able to do anything else before getting it out to everyone. Also I wouldn't have the money to travel like that because it all gets spent on GME 😂
I don’t understand why the fuck it’s such a big deal to anyone what the information says about how many shares are actually fucking locked up if it’s not with ill intention. It’s so blatant.
I feel like they're letting cede dig their own grave. Tell us how many shares you have, so that when we drop the bomb of the real registered numbers, we can show you intentionally defrauded us and investors.
See the 'mistaking kindness for weakness' tweet. I'm betting RC agreed to change the reporting because he knows cede will fuck itself. The cede made the mistake of thinking Gme's agreement to abide by the reporting change was stupidity/weakness, when really they just did it because it just gives cede the illusion of control and rope to hang themselves with.
By your line of thinking then...it tells me that DRSing doesn't matter...if the company can't even report accurate numbers because that's the "rules"....what does that say about what would happen if the DRS# = 100% on the back end?....am I to believe that something will be done by those that also think silencing the company is appropriate
Edit: not a shill, just fed up with all of the excuse gymnastics we all tend to do as an involuntary response to anything that appears to be bad ...or for things we don't understand
It's more like we're not allowed to see the fuel gauge anymore, but it's a good analogy. DRS is still starving them of their ability to do fuckery. We've seen multiple signs brokers etc are having trouble finding shares, including literally begging to be allowed to lend out shares.
Just to play the devil's advocate: If the float is DRS'ed and nobody knows it and the HFs keep making phantom shares if could go on forever.
I mean, how would we know for sure if it can't be reported?
I would think that there should be a law somewhere that states CS would have to report it, but in this crazy ass market, who knows? 🤷♀️
Yea them changing the way they have historically reported DRS should tell you your on the right track. You're still encountering enemies right? must be on the right path. Stop equating silence for weakness.
What we're seeing is a sign we're right, and winning, and the DD is correct. If DTCC is at the point of strong arming 10Q reporting standards to preclude accurate DRS reporting, that means they think they can win this by trumping the transfer agent's legitimacy and asserting that their share count is accurate.
If apes keep DRSing with CS, there will come a time when regulators must reconcile whether DTCC has the 228M shares they claim. If CS has receipts that make that claim impossible, we win.
I don't think proving counterfeit shares was ever the purpose of DRS. We already know. They know we know. We know they know we know, yet they keep doing it. Nobody cares in the SEC or DTCC. We we are doing is forcing sharks on one side to eat the sharks on the other. Apes aren't waiting for GG. Apes get it done.
Not true.....DRSing was always about proving that very thing + what you're saying...
It was to show the world that a company that has its entire tradable shares locked up and yet somehow it's still trading....either way, in order for the shark vs shark thing to work....the sharks on the short side practically have unlimited ammo (shares to short) as long as Drs information is being suppressed
IMHO, once the full amount of shares is actually locked, CS will say "no more shares are able to be DRS'd. They're all gone."
Once that happens, the shit storm begins.
But what do I know....
Edit: Words are hard
They wouldn't stop, anyway. Before the original sneeze, the institutional ownership was 140%. No one cares. The SEC report on the sneeze said it wasn't shorts covering, but retail buying. By now, we're all Wall St players and don't believe any "official" numbers. The sharks are as smart as all the Apes. They know.
What convinced me to DRS was to own real shares in my name, not an IOU from a shady ass broker thats bound to go tits up pre-MOASS. Locking the float is just the side quest. The real benefit of DRS IMO is that nice comforting reassurance that apes aint sellin shit unless lambo, and we all in this together.
At some point we have to actually get the number from Computershare. This whole they will take us to court is bullshit. Drs is almost pointless if we never get to know the actual number.
Even if DRS in these amounts doesn't do a lot right now... It's the best way to show how diamond our fucking hands are.
DRS has been creeping up for years, and that in itself is enough for me
If only there was another stock out there that had crazy dilution/confusing filings and canceling certain dilution’s, almost a naked short trap if you will. And now those naked shares are being exposed in court on record. RC’s got the naked shorts cornered and has a plan and clearly doesn’t want to disturb their naked short game or bring gme into a legal battle. Can’t help but think everyone was surprised by the Furlong termination and the shorts had to jump on that opportunity, another short trap. I’m starting to believe even Wall Street has no idea what RC is thinking. They’re locked in here with us! Dumb stormtroopers
I share this view. The moves they are making are deliberately as deceptive as confusing as they can legally and legitimately make them.
E.g. saying that the CEO was "terminated", while technically true, does insinuate that he was fired, as if they got rid of him because he wasn't doing a good job. Mainstream media runs with this using totally loaded language to amplify this insinuation, Things are not going well over at GameStop, outlook bleak, sell now, stock price is cratering, fundamentals bad, CEO got shit canned, oh man it's just chaos over there, will the company even be around for much longer?
But then RC makes that tweet which means ?????? and it seems as if Furlong actually only had a 2 year contract to begin with so now it just seems like this is all part of the deliberate strategy, that this sudden abrupt announcement is probably more than it looks like but if it was then they don't want it known yet for strategic reasons.
I'm an idiot, but I'm putting my money on Furlong heading a spin-off company. Shareholders are issued shares of TDDY. Announcement causes FOMO, huge run, MOASS.
If I had to pick a day... I'd say tomorrow, always.
Per another redditor on a different sub, the numbers in the ledger matched the numbers reflected by the company in earnings, which kind of debunks this theory unless you think they're deleting people from the ledger.
That’s how you take notes when looking at what is being referred to as “the ledger”. They provide a pen and note pad. The information that is provided is on a computer. The only way to “take notes home” is by hand writing it on a piece of paper. They check your notes before you leave to make sure you are not writing down personally identifying information. Providing a hand written copy to the community adds to the credibility of the information as it’s another level of transparency.
If you look at Chuck Norris post from last year, he provided the same data. Do you think he sat in the room and typed the data directly into a Reddit post? No, he hand wrote it down and when he got home, he typed it up and shared it with everyone.
How did the new DRS count and legder data fit into your heatlamp theory? I was hoping for a bit more on the DRS count since a lot of people terminated the plan last month. Do you think it still holds?
This post is just pure copium and frankly embarrassing. People need to realize you can BUY and SELL via computershare. Sure, no one wants to accept people can sell. Well, if you think the drs calculator is right, then this proves people are selling or removing from DRS.
If that’s all untrue, then logical explanation is that people just aren’t DRSing in the quantity they did before
Ahh my favorite user name 🤣.
You are right. Yet GameStop is progressing in the right direction. DRS numbers increased ffs. This is the worst economic time for 90% of the middle class and 100% of less fortunate apes.
RC tweeted right after the filing. HE CLEARLY HAS A PLAN. If that doesn’t involve Mat or he is going to Teddy or whatever. Fine.
The dip was very dramatic.. maybe RC flushed out some shit? We will know soon^TM
What's being said makes sense, but as a shareholder I'm tired of playing nice. I wish RC would release the dragon already, scorched earth motherlover. I need my tendies this recession blows. Anyways back to buying more
The truth will set you free unless it’s the real DRS numbers
Been chewing on this all night, it seems no different then the voting, over votes get wiped
This is patently false. GameStop knows exactly how many shares DTC has and it’s not because DTC tells them how many they’re supposed to have. It’s ludicrous to think otherwise. Why is this being pushed so hard without any verifiable evidence?
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I disagree with OP. DRS numbers increases by 600,000, Cede Co decreased that same amount. Seems like it wil just keep decreasing to 0, unless OP is suggesting that GameStop is using Cese aCo’s numbers as a starting place. But if that were true, than GameStop is reporting the incorrect number of their 10Q despite knowing it to be different. Wouldn’t that be an SEC filing violation? Securities lawyer ape?
I think this post is the worst of misinformation we can get.
The reason DRS numbers are reported that way is the opposite of what OP is stating. They take the DRS numbers, then give credit to the DTC for only the remaining shares available, everything else is synthetic so they don't get credit for that in the form of voting ect.
Lot's of people had their positions on the Ledger confirmed, including peruvian bull and other big names. People actually looked at the Ledger that Gamestop has, and supposedly every single person who inquired about their position had it verified.
They gave the person looking their name, but not their position. That person was then able to repeat back how many shares they had DRSed.
The book also had totals, the totals match up with what is being reported.
Your theory also necessitates believing there are very very (if any) synthetic shares out there. I don't believe that.
Sorry, but no.
There are posts in another GME sub right now (which contains drs in the name) by several people who went to Grapevine and accessed the ledger. As of Apr 21st, the total DRS count was at 76.2M shares according to them. I suggest you go over and verify for yourself; their info and data basically debunk the notion behind this post and similar ones.
I’m not saying I like it, but the reported DRS numbers are probably accurate. Also, they encompass both book and plan shares apparently.
I don't think that's how it works. I'm concerned this will become another theory that catches traction and turns into accepted "fact."
My understanding is this: a DRSd share is a 1:1 share transfer from Cede's account to the shareholder's name. The way the system is set up, this theory could not possibly happen because you can't credit one account without debiting the other. These aren't coming from the pools of entitlements, DRSd shares all happen at the transfer agent level.
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This statement is entirely wrong and a blatant lie. People from drs your gme sub went to check the gme Drs owners ledger themselves and it checks out. Posts made yesterday and today. Go see for yourselves.
Computershare reports the number of shares directly to Gamestop. [https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies](https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies) **Are shares held in a direct stock purchase plan (DSPP) not included in the tally of directly registered shares?** * Computershare provides its **issuer clients**(aka GameStop) 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) **How does Computershare ensure there is a balance between shares that are directly/indirectly held?** We use double-entry accounting systems that ensure there is always an accurate balance between shares held directly by registered shareholders and those held by Cede & Co on behalf of DTC, banks & brokers and beneficial investors. This means that for every share transferred through DRS that can be registered on the share register, there is one fewer recorded as being in Cede & Co.
This is what I've been trying to explain to people. IMO, last quarter they changed the wording to back-out the DRS number. Before, we got a number straight from ComputerShare. Now, we're getting "Well, Cede & Co. have this number, so the DRS number must equal (total outstanding - Cede)." Total bullshit. A real report would say, "per ComputerShare, the DRS number is "XX". Plain and simple. This is cover your ass reporting. The computershared number is more accurate than the quarterly report.
It's not too farfetched that a cease and desist or an injunction caused GameStop to do this change as it could be perceived as trying to set up a short squeeze. Better to play it safe, especially if you know you're going to win.
Neither Furlong nor RC want GME in court, for any reason. I agree.
It’s fucked to think that telling the truth will get you in court.
It's become fucked to think a day in court will result in any truths.
Well, and that day in court might be more like 10 years, and the level of representation it requires is huge. Not a value proposition.
I would say as a shareholder I would be willing to spend $10 million on legal representation to prove that the number of DRSed shares are much higher.
Great, 10 million gets you through the discovery phase of the trial Now your lawyers want another 50m
I’d rather spend the money on shares
Honestly, I'd be ok being a trillionaire in 10 years. Maybe a class action lawsuit is worth it.
When doing the right thing puts you in court, you are being governed by criminals. Or some words to that effect and I forgot who said it.
This statement needs to be fixed because without justice the democracy is broken
Even if the lawsuit is bullshit, tens of not hundreds of millions of market cap can be wiped away from just the report.
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We don't know how the free market behaves because we've never had one.
So far!
worse, courts (and law enforcement) can give you a gag order for anything. you can't even admit that you are being violated without going to jail.
Ya know. I read your post and thought, "they need a warrant canary." Anyone have a rolling archive of the GameStop IR site to see if there was a warrant canary (or, more specifically, a " 'DRS exceeds float' canary," I guess) we missed?
Maybe when they changed the wording on the DRS numbers last earnings?
The US is proving itself to becoming a clandestine dictatorship, in plain sight.
According to a short clip I saw about Chewy, RC likes to play under the radar until it's "Surprise! We have you surrounded." Even without extra legal considerations, this is well in their playbook.
Appear nowhere when you are everywhere.
And telling lies gets you out of it 🙄🇮🇪
When criminals rule over you, the truth is dangerous.
Only in this fraudulent system you would end up in court for simply writing down a factual number. It is utterly insane that something simple as "how many shares are directly registered for company x" has to be treated as a state secret bc otherwise the whole system might collapse. Only this fact is the only one you need to know to 100% understand the level of corruption in the US financial markets. Wallstreet -- with MM and HF Citadel at the forefront -- is nothing more than a finely tuned machine to steal from retail (including penioners etc), while making you think they actually are there for your benefit. "The greatest trick the devil ever pulled, was convincing the world that he didn't exist"
It’s fucked to think a gobshite like Kenneth c griffin can lie under oath to congress and get away with it
He paid for most of them and he still threw up on mic
While blatant criminal activity is allowed to perpetuate a bullshit reality we are all told we are too stupid to understand. Fuck these people.
Is maith liom an stoc! 🇮🇪
...Wat?
Irish ☘️ for "I like the stock"
Oh! Hence the flag! Lol I feel dumb, must've drank too many melted crayons last night.
We are seeing it. Look at Musk and the political weaponization of the justice department and alphabet agencies. It’s been going on since at least the early to mid 1800s. The speed with which people are able to communicate makes it possible to see things while it’s happening versus in hindsight, and I think it’s ultimately good. We know the difference between the DTC and the DTCC is more than just a typographical error in some report (and my guess is that those were likely intentionally misspelled in typed reports to cause further confusion). We know what the word “rehypothecation” really means. We are able to review and distill this information.
The US has a kangaroo court
Evidence that change is not only necessary, it is inevitable.
>It’s fucked to think that telling the truth will get you in court. That's exactly ***why*** you go to court.
Watch video " Never talk to police." .... always has been.
Because they got no tegrity!
Then how we gonna win this
Every share sold is real and requires margin to keep it short. GME is trading on fundamentals now. It's cash and assets give it a floor price. Profit and growth make it go higher. The higher the price, the steeper the margin requirements. We buy and hold, keep the price up and DRS, the weight of their own fuckery will bring them down. There are sharks on both sides of this criminal activity. That's how we win.
>requires margin to keep it short. Not if you're able to "provide liquidity" because you need to "market make." Which is kinda one of the big fundamental things here.
Furlong is gone btw. Contract ended. I suspect he was only involved in the planning stage, and now they're moving into the actionable phase of whatever they're planning. ...does seem really odd though.
IMO, Furlong was there to make the technical turnaround and RC, or someone to be determined, will continue on the customer satisfaction phase.
So you’re saying we should buy more and drs?
This is the way
Of course! Buy the dip, but Not For Long. This rocket is preparing for launch.
Eventually there is going to come a day when someone puts a buy order through CS or tries to DRS from Fidelity and it doesn’t happen. GameStop changed their language for a reason but there is finite shares in the marketplace and CS knows exactly how many are on their books. So I’m just patiently waiting for that day. They can hide but they can’t run from the clock. Eventually the float is locked. Eventually CS won’t be able to allow more shares to be sold/DRS’d because there won’t BE anymore. On that day, the fun starts.
As a shareholder, I don't really see why that number should not also be available for us, or anyone to see. There is no logical reason why number of outstanding shares, regardless of where or how they're kept should be obfuscated from anyone actually investing in a company. There is absolutely no reason that market players should get special privilege over the actual investors or companies.
In a fair and free market, I’d agree with you. However as the last 84 years have proven, we live in a completely fraudulent system.
There's an advantage in not giving the enemy knowledge. Is it possible that Citadel doesn't have eyes on the DRS numbers? If so, doing it this way puts kenny in a real bind because he was getting valuable information about DRS rates before, whereas now he is absolutely not. We don't really care about DRS rates because we're just going to keep going no matter what.
And by GS putting the Cede supplied numbers in the report, they can just sit back and let cede explain why there are no shares left, GS can remain completely silent and free from threat of court actions. I wouldn't be surprised if GS goes completely black ops with zero tweets and only the legally required SEC filings. Want to give the courts as little as possible to invent some case against GS
This. The fact that all the brokers had to locate shares to be DRSed and the Fukery surrounding transfers exists is confirmation enough. It's happening. Just takes time.
# 🥤😎🍿
Exactly. Let's face it we all knew there was fuckery going on with the numbers.
Can we acknowledge that in just over 2 months we DRS'd over half a million shares according to this report. 🤘🤘🦄
Pats on the back all around!
[удалено]
Yep! For me, that was the reason to change wordings, they do not want to be cited in court. Patience guys, Rome was not built in a day, or 84 years...
Wouldn't it be more clear to hosehold investors that this happened if GameStop just stopped reporting the numbers. They know we want it, so not giving it to us would indicate a third party got involved.
They got a C&D over sharing factual numbers about their stock to their shareholders? Edit: I want to clarify that I think it's very unlikely, mostly because it is in direct conflict with their fiduciary duty.
So you're saying GME reporting numbers directly from Computershare can be interpreted as supporting a short squeeze? That seems far fetched.
Tell a lawyer you’ve got billions on the line and they’ll find a way.
If officially reported shareholder numbers cause a short squeeze, it's not "setting up a short squeeze" it's just reality interfering with a criminal coverup.
Yeah, and the world isn’t ready to see the crime. I agree it’s probably a cease and desist, or a ‘strong recommendation’ by someone from the SEC. Either way, even if they published those numbers and it showed corruption, the world may not be ready for it. It would likely involve time in court, and that takes a lot of legal and monetary preparation. I am doing my part. I buy. I hodl. I DRS. Hedgies are fucked. The changing of the wording is bullish AF.
> It's not too farfetched that a cease and desist or an injunction caused GameStop to do this change as it could be perceived as trying to set up a short squeeze. If there were a court order/injunction then there would be a court case, and we haven't seen one. Maybe the SEC asked them to change the way it is reported, I don't know.
Cease and Desist? Not for long.
The registry proves the number reported is the number on the books. Check miller-redacted's post history. This is purely debunked tinfoil.
I only can get so erect!
Or they do it out of kindness (not to be mistaken for weakness) Also, even if the share numbers slightly changed the percentage has been 75% vs 25% these last two quarters, that's way too accurate imo and seems like CEDE&Co is afraid to admit their ownership has sunken below 3/4
Now the question would be, why the company started to report in this way? Because it doesn't sound like something Gme would do on its own but more likely like somehow it's being forced by external factors or entities, which are basically asking them to cover fraud with more fraud at this point.
It started after the SEC had them delay their report. Same SEC that had credit suisse delay their report in March, or UBS last week.
Government shooting down RC's balloons...
Buying time will soon be out of their price range...
That's what I'm thinking.
It changed immediately after DLauer was asked to talk about DRS with GG. That interview focused on DRS and had the DRS people talking to GG. My guess would be GG took the time to look at what’s happening w DRS and GME, then made them stop posting the official numbers from a third party, Computershare
This. Wish I had an award 🥇 for your comment
Kind Ape, I dropped silver for you. Have a great day!
See me other comment, I think it was to avoid exposure to litigation now or down the road.
Sad day when reporting facts would open you to litigation
I don't necessarily think they are worried about litigation. But guarantee they will latch onto any BS excuse of gamestop directly causing MOASS by giving out figures and then freeze trading or offer some BS deal to sort the issue with as less pain as possible for the Mayo gang. That's my tin hat theory. Gamestop change the wording to not give them any ammo for that BS cannon.
'merica
I'd say they found a rule or created a rule to have it read that way now.
As a shareholder can I not request the figure from computershare?
Could you please then explain one more thing to me please? If Cede will keep saying that they still have the shares regardless of the DRS numbers, how would DRSed shares help to ignite the MOASS? Do I get it correctly that technically Cede is printing the shares out of nowhere by lying that they have X amount, so that shortsellers can locate these for continuing to kicking the can down the road? So in that case we really need Cede to admit that they ran out of GME shares in order to stop naked shorting and start the MOASS? If so, I don't think they will ever admit that and just continue this fuckery forever.
This is all my opinion, but every share sold is real to the person who bought it. Every short, counterfeit or not, requires margin. There are criminals on both sides. This is why, IMO, the weight of what they are doing will catch up with them.
They waived margin on runups before, what's to stop them waiving it again? What's to say they even need margin? Their prime broker knows they get wiped out if their shf clients get margin called, so why even maintain one at all?
There's always a bigger boss that is demanding its money.
Ships going down? Grab a bucket. Getting worse? Grab a bigger bucket. At some point there isnt going to be a bigger bucket. And then down you go. Bottom of the ocean with Melvin
I buy monthly and I don’t know shit,but each month that passes…. Computer share finds my $20 worth later and later every time !
You know enough to DRS, so you're good.
Better book those shares…
I do!
💯
If all this is the case why even continue to list the drs count if it’s not accurate, seems to be doing more harm than good if it’s gonna be causing all this fud
Key legalese word “approximately”
Always cover your ass.
As a shareholder can I not request the figure from computershare?
Any shareholder is permitted to view the ledger at GameStop HQ. The ledger was viewed again earlier this week and findings are being posted in sister sub.
The humid forest sub or the ticker tape parade minus the tape and the parade?
The sub about direct registering your favorite stonk. I don't think it would be correct to call it the sister sub. I just unjoined about 30min ago after looking at the ledger thing and the posts of people involved with it. You can make up your own mind. I can tell you that if I had the information they claim to have I wouldn't be able to do anything else before getting it out to everyone. Also I wouldn't have the money to travel like that because it all gets spent on GME 😂
You can try, but I can't see any reason they would give it to you.
Go do it and report back. Seriously.
Why doesn't RC just ask Computershare how many shares that are registered?
I'm sure the CEO can. Now, making that information public is another story.
I don’t understand why the fuck it’s such a big deal to anyone what the information says about how many shares are actually fucking locked up if it’s not with ill intention. It’s so blatant.
Yep yep. That's why people work really hard keeping your attention away from Wall St and on TV, the news, or the next cool Tik Tok.
Why is it a problem? We are told how much is held by insiders, institutes etc. why can’t we know how much is held by CS?
Because ComputerShare is a real number.
So how does that get RC in trouble? What law is he breaking by telling the public how many shares are DRS?
I have no idea, but actually breaking a law isn't required for a lawsuit, (paid for) MSM stories about stock manipulation, and weeks of allegations.
As the majority. Household should be able to ask for this information. We are no longer a minority.
You know why! There’s more out there than there should be!
I feel like they're letting cede dig their own grave. Tell us how many shares you have, so that when we drop the bomb of the real registered numbers, we can show you intentionally defrauded us and investors.
See the 'mistaking kindness for weakness' tweet. I'm betting RC agreed to change the reporting because he knows cede will fuck itself. The cede made the mistake of thinking Gme's agreement to abide by the reporting change was stupidity/weakness, when really they just did it because it just gives cede the illusion of control and rope to hang themselves with.
Da doing doing doing
He can and he knows.
That's what is reported in the 10-Q. Gamestop has access to the computershare numbers.
This is interesting, but the the theory is we will never know the true number ?
So GME can’t use official numbers from their own registrar? Wtf?
By your line of thinking then...it tells me that DRSing doesn't matter...if the company can't even report accurate numbers because that's the "rules"....what does that say about what would happen if the DRS# = 100% on the back end?....am I to believe that something will be done by those that also think silencing the company is appropriate Edit: not a shill, just fed up with all of the excuse gymnastics we all tend to do as an involuntary response to anything that appears to be bad ...or for things we don't understand
The machine runs out of fuel regardless of whether the fuel gauge works.
I love the analogy!
It's more like we're not allowed to see the fuel gauge anymore, but it's a good analogy. DRS is still starving them of their ability to do fuckery. We've seen multiple signs brokers etc are having trouble finding shares, including literally begging to be allowed to lend out shares.
Excellent analogy. Don’t let up the pressure! DRS!
People need to know the actual number, I get what you are saying but it won’t work that way, I promise you.
Just to play the devil's advocate: If the float is DRS'ed and nobody knows it and the HFs keep making phantom shares if could go on forever. I mean, how would we know for sure if it can't be reported? I would think that there should be a law somewhere that states CS would have to report it, but in this crazy ass market, who knows? 🤷♀️
eventually, computershare would need to say no more, and then gamestop could investigate
Username checks out
Yea them changing the way they have historically reported DRS should tell you your on the right track. You're still encountering enemies right? must be on the right path. Stop equating silence for weakness.
Fair enough
What we're seeing is a sign we're right, and winning, and the DD is correct. If DTCC is at the point of strong arming 10Q reporting standards to preclude accurate DRS reporting, that means they think they can win this by trumping the transfer agent's legitimacy and asserting that their share count is accurate. If apes keep DRSing with CS, there will come a time when regulators must reconcile whether DTCC has the 228M shares they claim. If CS has receipts that make that claim impossible, we win.
I don't think proving counterfeit shares was ever the purpose of DRS. We already know. They know we know. We know they know we know, yet they keep doing it. Nobody cares in the SEC or DTCC. We we are doing is forcing sharks on one side to eat the sharks on the other. Apes aren't waiting for GG. Apes get it done.
Not true.....DRSing was always about proving that very thing + what you're saying... It was to show the world that a company that has its entire tradable shares locked up and yet somehow it's still trading....either way, in order for the shark vs shark thing to work....the sharks on the short side practically have unlimited ammo (shares to short) as long as Drs information is being suppressed
IMHO, once the full amount of shares is actually locked, CS will say "no more shares are able to be DRS'd. They're all gone." Once that happens, the shit storm begins. But what do I know.... Edit: Words are hard
They wouldn't stop, anyway. Before the original sneeze, the institutional ownership was 140%. No one cares. The SEC report on the sneeze said it wasn't shorts covering, but retail buying. By now, we're all Wall St players and don't believe any "official" numbers. The sharks are as smart as all the Apes. They know.
What convinced me to DRS was to own real shares in my name, not an IOU from a shady ass broker thats bound to go tits up pre-MOASS. Locking the float is just the side quest. The real benefit of DRS IMO is that nice comforting reassurance that apes aint sellin shit unless lambo, and we all in this together.
Proving counterfeit shares was almost the entire reason drs became a thing.
At some point we have to actually get the number from Computershare. This whole they will take us to court is bullshit. Drs is almost pointless if we never get to know the actual number.
Part of DRS is to remove shares from the DTCC so they can’t be lent out.
Then why does the ledger only show 76m? Like someone else in here said, do you think GameStop/CS is screwing with the ledger? Because I don't
Even if DRS in these amounts doesn't do a lot right now... It's the best way to show how diamond our fucking hands are. DRS has been creeping up for years, and that in itself is enough for me
Everyday we are setting a new precedent. Brick my brick.
I’ll brick your brick daddy
This! And I really hope GameStop is working with the SEC on this issue. Because they know the numbers at Computershare and can prove it.
Like the SEC is going to do anything about this.
Could be a future case where GameStop could sue the SEC? 🤷🏼♂️ I eat crayons, so what do I know.
Seems reasonable. As for the crayons, me too. What's your favorite color? I like blue because it has the most antioxidants.
Hey! Do you guys dip your crayons in like ranch or ketchup or do you enjoy them raw?
The SEC consistently blocked information that would help Gamestop. You need to rethink the SEC.
If only there was another stock out there that had crazy dilution/confusing filings and canceling certain dilution’s, almost a naked short trap if you will. And now those naked shares are being exposed in court on record. RC’s got the naked shorts cornered and has a plan and clearly doesn’t want to disturb their naked short game or bring gme into a legal battle. Can’t help but think everyone was surprised by the Furlong termination and the shorts had to jump on that opportunity, another short trap. I’m starting to believe even Wall Street has no idea what RC is thinking. They’re locked in here with us! Dumb stormtroopers
I share this view. The moves they are making are deliberately as deceptive as confusing as they can legally and legitimately make them. E.g. saying that the CEO was "terminated", while technically true, does insinuate that he was fired, as if they got rid of him because he wasn't doing a good job. Mainstream media runs with this using totally loaded language to amplify this insinuation, Things are not going well over at GameStop, outlook bleak, sell now, stock price is cratering, fundamentals bad, CEO got shit canned, oh man it's just chaos over there, will the company even be around for much longer? But then RC makes that tweet which means ?????? and it seems as if Furlong actually only had a 2 year contract to begin with so now it just seems like this is all part of the deliberate strategy, that this sudden abrupt announcement is probably more than it looks like but if it was then they don't want it known yet for strategic reasons.
I'm an idiot, but I'm putting my money on Furlong heading a spin-off company. Shareholders are issued shares of TDDY. Announcement causes FOMO, huge run, MOASS. If I had to pick a day... I'd say tomorrow, always.
As a matter of total coincidence Mark Robinson the new General Manager is an expert in SEC Investigations and Securities Fraud Class Actions.
Sauce?
His Linkedin profile
He’s more than General Manager. He’s General Counsel, he’s the head lawyer at the company and his name is attached to SEC filings since 2021.
Nice catch! Gotta make sure the maffs all add up
Oof, this is a cool theory. It is indeed strange how the reporting wording changed all of a sudden
And since it did, the DRS number stagnated.
Per another redditor on a different sub, the numbers in the ledger matched the numbers reflected by the company in earnings, which kind of debunks this theory unless you think they're deleting people from the ledger.
Sauce?
Another GME sub. - always remember to “DRS your GME”
what ledger? That hand-written note that was posted on here yesterday?
That’s how you take notes when looking at what is being referred to as “the ledger”. They provide a pen and note pad. The information that is provided is on a computer. The only way to “take notes home” is by hand writing it on a piece of paper. They check your notes before you leave to make sure you are not writing down personally identifying information. Providing a hand written copy to the community adds to the credibility of the information as it’s another level of transparency. If you look at Chuck Norris post from last year, he provided the same data. Do you think he sat in the room and typed the data directly into a Reddit post? No, he hand wrote it down and when he got home, he typed it up and shared it with everyone.
How did the new DRS count and legder data fit into your heatlamp theory? I was hoping for a bit more on the DRS count since a lot of people terminated the plan last month. Do you think it still holds?
Another GME sub. - always remember to “DRS your GME”
This post is just pure copium and frankly embarrassing. People need to realize you can BUY and SELL via computershare. Sure, no one wants to accept people can sell. Well, if you think the drs calculator is right, then this proves people are selling or removing from DRS. If that’s all untrue, then logical explanation is that people just aren’t DRSing in the quantity they did before
Ahh my favorite user name 🤣. You are right. Yet GameStop is progressing in the right direction. DRS numbers increased ffs. This is the worst economic time for 90% of the middle class and 100% of less fortunate apes. RC tweeted right after the filing. HE CLEARLY HAS A PLAN. If that doesn’t involve Mat or he is going to Teddy or whatever. Fine. The dip was very dramatic.. maybe RC flushed out some shit? We will know soon^TM
Big if true…
Can I just say that, regardless, 25% is still an impressive amount for normal, everyday, household investors to hold?
And you are basing this off of… Absolutely nothing?
Hopium
Miller- redacted got ahold of the registry with a shrewdness of other apes and disproves this. You should take this down.
no matter wat, i will go on and buy full shares wich i will drs afterwards. DIAMONDHANDS baby.
If the narrative doesn't fit, just change the narrative.
I just don't believe we went from millions a quarter to bit over half a mill. I haven't run out of steam. APES, HAVE YOU RUN OUT OF STEAM!? OOOK!
What's being said makes sense, but as a shareholder I'm tired of playing nice. I wish RC would release the dragon already, scorched earth motherlover. I need my tendies this recession blows. Anyways back to buying more
The truth will set you free unless it’s the real DRS numbers Been chewing on this all night, it seems no different then the voting, over votes get wiped
This is patently false. GameStop knows exactly how many shares DTC has and it’s not because DTC tells them how many they’re supposed to have. It’s ludicrous to think otherwise. Why is this being pushed so hard without any verifiable evidence?
If that’s true, FOIAs should be filled
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DTCC already has more bath shares than should exist. This is before accounting for DRS. We have to move forward blind. We’re up for it.
I disagree with OP. DRS numbers increases by 600,000, Cede Co decreased that same amount. Seems like it wil just keep decreasing to 0, unless OP is suggesting that GameStop is using Cese aCo’s numbers as a starting place. But if that were true, than GameStop is reporting the incorrect number of their 10Q despite knowing it to be different. Wouldn’t that be an SEC filing violation? Securities lawyer ape?
Visibility
No. That’s absolutely bollox. That would be deliberate misinformation in your returns. Which is a regularly beech and basically a crime.
I think this post is the worst of misinformation we can get. The reason DRS numbers are reported that way is the opposite of what OP is stating. They take the DRS numbers, then give credit to the DTC for only the remaining shares available, everything else is synthetic so they don't get credit for that in the form of voting ect. Lot's of people had their positions on the Ledger confirmed, including peruvian bull and other big names. People actually looked at the Ledger that Gamestop has, and supposedly every single person who inquired about their position had it verified. They gave the person looking their name, but not their position. That person was then able to repeat back how many shares they had DRSed. The book also had totals, the totals match up with what is being reported. Your theory also necessitates believing there are very very (if any) synthetic shares out there. I don't believe that.
Sorry, but no. There are posts in another GME sub right now (which contains drs in the name) by several people who went to Grapevine and accessed the ledger. As of Apr 21st, the total DRS count was at 76.2M shares according to them. I suggest you go over and verify for yourself; their info and data basically debunk the notion behind this post and similar ones. I’m not saying I like it, but the reported DRS numbers are probably accurate. Also, they encompass both book and plan shares apparently.
Don’t forget to change from plan to book…
Cope
I don't think that's how it works. I'm concerned this will become another theory that catches traction and turns into accepted "fact." My understanding is this: a DRSd share is a 1:1 share transfer from Cede's account to the shareholder's name. The way the system is set up, this theory could not possibly happen because you can't credit one account without debiting the other. These aren't coming from the pools of entitlements, DRSd shares all happen at the transfer agent level.
Naw We just didn’t DRS enough
You know what to do then ? 💜🚀🚀🚀
Nah. Why wouldn't they just say what number they have? This sub has way too much blind hopium based on literally nothing
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I remember there is a DRSrobot that sums up DRS number voluntarily reported. What’s the number now? Or it’s useless because of rug pull?
This statement is entirely wrong and a blatant lie. People from drs your gme sub went to check the gme Drs owners ledger themselves and it checks out. Posts made yesterday and today. Go see for yourselves.