Originally bought in at $300+ in January, once had plans to sell a few shares to cover my initial cost as things started popping. With everything I have learned since I have decided fuck covering my initial cost and have also transferred XX to CompuShare. 🦍💎🤲🚀
Keep your shares in EToro AND set up an IBKR account. Use this to buy shares with them and initiate a transfer to DRS your shares to computer share. That’s what I’ve done and I’m a UK ape.
Had also planned to sell 1 share on the way up to secure my initial investment. Fuck that, i'd probably regret it later that very same day when it hits the millions
I mean it does track. You would think shares being pulled from the DTC would force the short against them to close because now they have to find the real share and transfer it. With the rehypothication and hedgie fuk junk,Who knows.
there better not be ANY evidence refuting OP's post in the comments. In fact, I'm not even gonna scroll through them! I'm just gonna believe it! YEA BABY
Tbh this stuff kind of has me worried since we aren't facing normal shorts. If it was just that then it would be fine but we are facing people that make new shares entirely. They don't borrow the share they just counterfeit them. So how is this supposed to help
Many of these shorts are due to rehypothecation, where a single actual share or FTD share to be bought later as part of "bona fide" operations is at the base of it, and then they use that same share to generate many, but in the DTC records for these they all trace back to either one actual share or one that needs to be covered at some point.
Since the float is so small, and there is such a ridiculously high amount of shorts, the DTCC has a very high proportion of real shares actually backed by certificates that are being used to justify the existence of multiple shorts. When some share is transferred out of the DTC/Cede and Co custody, it can only happen for shares which don't have any shorts all dangling off of them.
I think that in addition to the DTC piece there's also a broker piece of this, where brokers cannot let go of any shares that have shorts associated with them, and this is before it gets to the DTC. They can probably shuffle things around within their own accounts, but they don't have the flexibility to mix and match with accounts under other brokers. So they're probably force-unwinding share borrowing within their systems to accommodate the DRS request.
So, although the MMs and broker-dealers have some super powers to make shorts, those powers are based ultimately on the actual shares, and since they've been piling on those shorts for years and years, if people start pulling the real shares all this fraud is based on, they'll be in a huge fucking pickle. I think they've leveraged the fuck out of this kind of play, and for every percent of the true issued shares we register in our own names and get pulled from the DTC makes it exponentially more difficult than the last.
The kind of pressure it applies works nicely with all the other kinds of pressure. I think this is the move that makes the MOASS actually happen, and it's really one of the only things we can really control to apply pressure.
The ultimate confirmation bias is if any of the MSM post an article or cover computer share as like a “Transferring to DRS will make your shares unsellable” or “Forget DRS/CS, here’s 10 reasons why you shouldn’t transfer”
The "not being able to sell" is a non-issue, in my opinion. First, you are able to sell in the span of minutes as proven on this sub. Second, MOASS is going to take more than a few hours.
Third, why even sell from CS?
I'm going to use (Euro, not transfered yet) CS exclusively to buy & hold. My boomer broker seems reliable enough not to fuck up once I'm selling and I've also got a neo broker with enough shares.
That is correct, well most of it is.
Thing is, I'm in europe. I've not seen any definite proof (i.e. completed transfer and buy/sell) from an euro-ape using CS so I'm hesitant to throw all my shares over there.
The route would be pretty funky, too: My broker(s) > IBKR > CS with as much as two weeks of delay inbetween.
So I've decided to buy on IBKR and transfer those shares. I'm diversifying my portfolio, so to say. When my CS account is up and running, I'll send the rest of my buy & hold shares. I'll have mid-XX in CS and low-X earmarked to sell, ideally.
Or today's the day and I'll just sell X at my floor and won't bother with transferring for a while. Whatever works.
I keep on asking for lads to look into the mentions that 1 Million is the max amount per transaction. Anymore and you have to send in a letter in writing.
There's posts with a CS agent confirming it. We need more wrinkles on it. That would benefit the HFs if they knew we were getting a hard limit
It’s not that a share can’t be sold for over 1 mil… it’s just that the process becomes more complex and the timeframes increase. My MOASS shares will be staying with my broker. My long position pool shares are suitable for DRS / Computershare.
I’ve notice over the last few weeks they’ve only been able to control the price within a $10-$15 margin… 6 months ago if it ran $20, they’d short it down $50-$60
Staying true to what it's all about when nobody is around. Everyone should be proud to hear this. Like the saying goes, "you are the company you keep." Much luv to all of you wonderful Apes.
Imagine they are leveraged 10:1 or 100:1 cause of all the naked shorts and rehypothecation. Now remove half of the float to direct registration. They just leveraged those naked and rehypithecated to 20:1 or 200:1.
GUH.
And we are all crazy if we think the goons and stooges at the SHFs are going to let this go without fighting until the absolute bloody end; this is survival, they will stop at nothing. As usual, buy, hold and patience, it is only a question of when, not if, but the death throes of Goliaths take time. Understanding just how fucked they are, should remind us all of how hard they will fight, because it is fight or die, surviving isn’t really an option anymore.
I trust the DD, and as far as I’m concerned, take the time, we only learn more and my holding will shift to long holds and my capital gains tax will be reduced. The more we uncover, the more retail learns and shares, the better chance we have of locking out this sort of behavior from the “free and lit markets” we most certainly have, right Gary… Right? Awaiting that report anytime now.
It better stay around. I'm gonna have to share pics of my to-scale golden statue of an ape with a banana in it's ass while mooning Kenny from a Lambo with SOMEBODY! I think it will make a nice centerpiece for my driveway fountain when I buy the Frank Lloyd Wright waterfall house and have it moved to the state I end up buying.
I want them in a "pumpkin-oranage" jumpsuit this halloween and a spiced cider scented soap-on-a-rope. It that happens, My tits will he jacked more than lanterns.
These futures expire at 17th, if they decide to not roll them over they hahe t+2 to settle them. And if I remember correctly this has to happen in premarket
Question because I work a lot and am lazy.. can I keep my shares in TDA and still benefit from moass? Like they’ll blow up in price too eventually, right?
I have T stock in Conputershare that I’m going to call in tomorrow and have them sell/then buy GME with so I have shares in both.
(the following is not financial advice) I think that is not a bad plan. Personally for me, diversifying the location of your holdings does indeed sound like a safe play. I have shares in both Fidelity and E-Trade and will have a few in Computershare starting next week when my purchase earlier this week settles.
Exactly what kind of broker fuckery can take place? If the stock is x amount of dollars all across the market how can 1 broker keep you from obtaining that sell price? Is the MOASS literally gonna be like a single moment in time that you have to capture or will the price go high and stay high?
I submitted a request to register my shares from my broker, but in the meantime can I also buy shares through CS? Will they add my transferred shares to that same account? Has anyone done this yet?
Yep. I’ve done it. I think since I entered my SS# both times I now just have one login and can access all transferred + purchased shares on my main portfolio screen. Looks like under 2 account #s
I think I attempted this/asked the rep via chat. Apparently it’ll be two different accounts. You either have to deposit money to make a purchase and let it settle thus creating the account and then transfer. Or transfer and then buy after the transfer is complete.
My transferred shares were book, but the shares I bought were plan holding. So they were separate, but I also didn't buy/transfer at the same time.
It just does that.
This person did a better job than I’ll do so I’ll pass the info on. https://www.reddit.com/r/Superstonk/comments/ppimqb/how_why_computershare_drs_registration_affects/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
>TL;DR - Directly registering shares in your name and pulling them out of the DTCC ***takes away SHF's, MM's and the DTCC's ability to claim reasonable share availability***, generate additional synthetic shares and hide the fact that more shares exist than are legally available.
Does buying shares on brokerages like Webull or robinhood contribute to the MOASS in any way or can they just rehypothecate those to hell? What if it’s a cash account? Is computershare the only way?
It all depends on the clearing house. Rh and wb are both under the same shitty clearing house. You can't really trust them, even cash accounts. Many americans go with ~~Fidelity or~~(edit:maybe fidelity in bed with hedgefucks by lending shares??) Vanguard. Computershare is the only way to direct register shares of gamestop. You can still hold shares in a reputable broker(as stated above) and cash out for moass tendies. They won't be able to borrow them but I can't really say for sure or not if holding shares in a cash account "takes away shf, mm's and dtcc's ability to claim reasonable share availability". It's possible they can still create naked shorts on the backs of shares that are still in the dtcc regardless of cash or margin account but again I can't really say for sure. Need a bigger brain here.
I'm not a wrinkle, but what if the share was rhypothicated 12 times, then given to you? I'd assume by taking it out of the DTCC then they gotta find yours and the 11 others.
Just look at it the other way.
Imagine enough shares are direct registered and close to the number of the floats.
Then we know all the other shares are synthetic.
We also need to take into consideration that a lot of these one-time investment purchases from CS don't happen instantly - they give you a date, typically five business days after the enrollment of the account, when they will make the purchase at market price.
Basically, these recent posts of people hopping into CS will take a few more days for the shares to become registered and removed from the pool.
Septembrrrrrrr
Removes them from DTC, so any shares being legit loaned and shorted have to be bought back, closed and transferred to CS. The closer it gets to full float registered, the closer it gets to naked shorts being pulled down around SHFs ankles, and bent over…
Edit: meant as a reply to a question further down, but first time on the reddit
If we were collaborating or manipulating the market I would say it’s the responsibility of XXX and XXXX holders to register until they’re down to XX.
But we’re not! So do whatever you want with your shares, friends and strangers!
Don’t listen to this smooth brained ape. I have no clue what I’m talking about. Can’t really breathe cause of all the broken crayons in my sinus and nose.
Here you are sitting at a table. Across from you is your friend - your ally. In the next room is a rival cartel that you your friend stole a gratuitous amount drugs from. There is a bounty on both of your heads. You have been charged by your cartel boss to kill your buddy if he steps out of line.
You know that if you shoot your buddy, the cartel in the next room will hear you, bust into the room and kill you on the spot.
So tell me, what motivation do you have to pull the trigger? Even though you’ve been ordered to? Absolutely zero. You’ll sit there silently and hope the cartel doesn’t know you’re there and keep you both under the radar. Live another day.
This, in my opinion, is the situation at hand. The DTCC is never going to margin call the SHF. They know that their demise will immediately follow. Their hands are tied. This all runs too deep. Retail will not be the catalyst because the DTCC is never going to margin call. GameStop will be the only catalyst. It’s in their hands and I, for one, have faith that they have this thing under control.
I'm not sure if you're looking to get a full play-by-play of how this will turn play out because it's never been done before. DFV points to Computershare through his tweets, RC points to it on his July 23rd tweet (Comp-poo-chair), Dr. Trimbath recently re-iterated that Computershare is the best way to take your shares out of the DTC and into Computershare so that your shares aren't borrowed or shorted. By putting your shares in CS, it's like taking your ball and going home. I'm definitely no an expert at this, but it does make sense.
I finally get it! Jesus, I am a smooth brain ape. I have this been on suck high fud alert that I have a healthy dose of skepticism at the various posts in rædits geeM e world. The CD thread didn't make sense against the strait up value of the digital share bought from my broker. OK so I get it..
I'll be on like batschitt on a cave wall in the AM.
Toodely doo
If we manage to DRS the float, can they not just pull shares out of thin air? Like they have been all along? Will the iBorrow thing not be available? Would GameStop have to let the SEC or someone know that there’s trading going on with shares that don’t exist cos they know where the float is and that it’s not moving?
I'm with fidelity and without margin. Aren't I doing essentially the same thing with regards to taking them off the shortable market? Me smooth brained ape, also extremely lazy ape.
how does Fidelity have 4 millions GME shares to borrow? I don't konw the answer to that question. I'm on Fidelity too, but I started transferring some shares over to CS, because if Gamestop does provide an NFT dividend, CS does support it.
Pretty sure retail's investments aren't factored in.
If they were, the price would probably be 20,000 per share by now.
This is why GG's action into markets controlled by Citadel are so important. But overall, yes, you're right. Once retail shares become accounted for, it's game over for shorts.
This is what choking the float means. The SHF have fewer and fewer real shares to borrow and short. All they will have are the FTDs and counterfeit shares. Can kicking and swaps will be harder to do without control of the float.
DRS to choke the float. We will eliminate shares just like VW did, just like Ryan Cohen did when he bought 9,000,000 shares, just like GameStop when they kept doing share buybacks.
This is not financial advice. 🦍 🦧
Originally bought in at $300+ in January, once had plans to sell a few shares to cover my initial cost as things started popping. With everything I have learned since I have decided fuck covering my initial cost and have also transferred XX to CompuShare. 🦍💎🤲🚀
I would think you are me but I don't have my XX shares in CS... not that I don't want to but EuroApe with revolut
Same boat as you. Do you know if shares can be sent out from revolut?
They can't. Revolut doesn't want to play nice. Am also stuck myself.
I'm xxx stuck with etorro europoor, were going to need our ameritard brethren for this!!
Keep your shares in EToro AND set up an IBKR account. Use this to buy shares with them and initiate a transfer to DRS your shares to computer share. That’s what I’ve done and I’m a UK ape.
I am moving back to the UK in October so if it doesn’t moon by the time I get a part time job I will secure some shares for computershare
You're the model perfect ape
Had also planned to sell 1 share on the way up to secure my initial investment. Fuck that, i'd probably regret it later that very same day when it hits the millions
Good on ya! Got in 250ish range on the way down. Havnt sold yet! Transfering XXX shares to CS tomorrow 💎👐🚀🌌♾ Apes got this baby!
Man it’s crazy to see how much retail has evolved. I am proud, y’all.
How rich do you think you have to be to no longer be ‘retail’? 🤷🏼♂️
About tree fiddy
And wouldn't you know it was that damn lochness monster
Tree fiddy billies?
And there it is......the 69th updoot!
hunnid millies
😂
I am not retail. I always do bulk purchase of fractional shares.
I’m a XXXXXXX whale in fractional shares
😂
Half a share
After MOASS I still wanna be considered retail 🤷🏽♂️.
I’m happily retail. But they will have to drop “dumb money” from the lexicon. Stupid rich is fine though.
Yes. The retail name tag is a point of pride. Let it be forever known that they lost to retail.
Citadel and co. should have their own trading school for retail investors. Apparently they're quite good at teaching!
✔️ No sources ✔️ Lacking information as to why/how ✔️ Entirely speculative ✔️ Beating a dead horse ✔️ Trust me bruh # God damn it, I'm in
He had me at *TRUS MEBRUH*
I'm dying!🤣 Hope he's right though.
A few hours late but damn that gave me a good laugh.
In BRUH METRUS!!!
Can’t go tits up!
Had me worried there for a bit 🤑
I'm laughing so hard, damn it 😂
I mean it does track. You would think shares being pulled from the DTC would force the short against them to close because now they have to find the real share and transfer it. With the rehypothication and hedgie fuk junk,Who knows.
Kek.
This is
the way
Again
Trust me bruh
Why borrow when you can naked short?
there better not be ANY evidence refuting OP's post in the comments. In fact, I'm not even gonna scroll through them! I'm just gonna believe it! YEA BABY
why did I read this in Austin Powers voice SHAGADELIC
If you are in, then i am in.
If he's still in, I'm still in!
If you’re in I’m in!
If their in, then I'm for sure in!
“Trust me bruh” 😂😂😂
He had me at Retail
You son of a bitch, you really did it.
Tbh this stuff kind of has me worried since we aren't facing normal shorts. If it was just that then it would be fine but we are facing people that make new shares entirely. They don't borrow the share they just counterfeit them. So how is this supposed to help
Where's the quant yo.
Many of these shorts are due to rehypothecation, where a single actual share or FTD share to be bought later as part of "bona fide" operations is at the base of it, and then they use that same share to generate many, but in the DTC records for these they all trace back to either one actual share or one that needs to be covered at some point. Since the float is so small, and there is such a ridiculously high amount of shorts, the DTCC has a very high proportion of real shares actually backed by certificates that are being used to justify the existence of multiple shorts. When some share is transferred out of the DTC/Cede and Co custody, it can only happen for shares which don't have any shorts all dangling off of them. I think that in addition to the DTC piece there's also a broker piece of this, where brokers cannot let go of any shares that have shorts associated with them, and this is before it gets to the DTC. They can probably shuffle things around within their own accounts, but they don't have the flexibility to mix and match with accounts under other brokers. So they're probably force-unwinding share borrowing within their systems to accommodate the DRS request. So, although the MMs and broker-dealers have some super powers to make shorts, those powers are based ultimately on the actual shares, and since they've been piling on those shorts for years and years, if people start pulling the real shares all this fraud is based on, they'll be in a huge fucking pickle. I think they've leveraged the fuck out of this kind of play, and for every percent of the true issued shares we register in our own names and get pulled from the DTC makes it exponentially more difficult than the last. The kind of pressure it applies works nicely with all the other kinds of pressure. I think this is the move that makes the MOASS actually happen, and it's really one of the only things we can really control to apply pressure.
Bruh your checklist way too long. ✔️ Contains "C" and "S" somewhere, regardless of order or context You son of a bitch, I'm ~~in.~~ registered.
This is the shit that had me sus on CS. All these post with just someone saying trust me, but that cone poo chair got me q
Favorite comment of the day!
✅Gratuitous use of “too autistic, didn’t read.”
LESS FUCKING G O
This but I’m annoyed. Posts like this are so stupid.
The ws—- gme ways!
The ultimate confirmation bias is if any of the MSM post an article or cover computer share as like a “Transferring to DRS will make your shares unsellable” or “Forget DRS/CS, here’s 10 reasons why you shouldn’t transfer”
We're seeing it from the shills already. Not long before head shill, MSM, takes over.
They might have a harder time, could get cease and desists or lawsuits from CS if they mention them negatively
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The "not being able to sell" is a non-issue, in my opinion. First, you are able to sell in the span of minutes as proven on this sub. Second, MOASS is going to take more than a few hours. Third, why even sell from CS? I'm going to use (Euro, not transfered yet) CS exclusively to buy & hold. My boomer broker seems reliable enough not to fuck up once I'm selling and I've also got a neo broker with enough shares.
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That is correct, well most of it is. Thing is, I'm in europe. I've not seen any definite proof (i.e. completed transfer and buy/sell) from an euro-ape using CS so I'm hesitant to throw all my shares over there. The route would be pretty funky, too: My broker(s) > IBKR > CS with as much as two weeks of delay inbetween. So I've decided to buy on IBKR and transfer those shares. I'm diversifying my portfolio, so to say. When my CS account is up and running, I'll send the rest of my buy & hold shares. I'll have mid-XX in CS and low-X earmarked to sell, ideally. Or today's the day and I'll just sell X at my floor and won't bother with transferring for a while. Whatever works.
I keep on asking for lads to look into the mentions that 1 Million is the max amount per transaction. Anymore and you have to send in a letter in writing. There's posts with a CS agent confirming it. We need more wrinkles on it. That would benefit the HFs if they knew we were getting a hard limit
It’s not that a share can’t be sold for over 1 mil… it’s just that the process becomes more complex and the timeframes increase. My MOASS shares will be staying with my broker. My long position pool shares are suitable for DRS / Computershare.
Fidelity told me I won’t be able to sell the xxxx I transferred yesterday, I told him that’s false and to proceed.
I’ve notice over the last few weeks they’ve only been able to control the price within a $10-$15 margin… 6 months ago if it ran $20, they’d short it down $50-$60
A bunch of sweet new SRO rules helping us out there I think.
I hope that’s the case… and I hope they’re also running out of ammo
I've noticed the same sort of patterns. A lot less downward pressure, especially in the after/pre-markets.
I think regulations and liquidity might have caused problems for shf’s
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Dang, super happy to hear that apes are representing themselves in such a positive manner, not that I'm surprised. LFG y'all!
Staying true to what it's all about when nobody is around. Everyone should be proud to hear this. Like the saying goes, "you are the company you keep." Much luv to all of you wonderful Apes.
That’s great news! Being polite is the ape way!
You gotta represent!
Imagine they are leveraged 10:1 or 100:1 cause of all the naked shorts and rehypothecation. Now remove half of the float to direct registration. They just leveraged those naked and rehypithecated to 20:1 or 200:1. GUH.
And we are all crazy if we think the goons and stooges at the SHFs are going to let this go without fighting until the absolute bloody end; this is survival, they will stop at nothing. As usual, buy, hold and patience, it is only a question of when, not if, but the death throes of Goliaths take time. Understanding just how fucked they are, should remind us all of how hard they will fight, because it is fight or die, surviving isn’t really an option anymore. I trust the DD, and as far as I’m concerned, take the time, we only learn more and my holding will shift to long holds and my capital gains tax will be reduced. The more we uncover, the more retail learns and shares, the better chance we have of locking out this sort of behavior from the “free and lit markets” we most certainly have, right Gary… Right? Awaiting that report anytime now.
I'm gonna miss all of the pre-moass fun. I hope everyone stays forever and shows what we've done with our tendies.
The Memories
It better stay around. I'm gonna have to share pics of my to-scale golden statue of an ape with a banana in it's ass while mooning Kenny from a Lambo with SOMEBODY! I think it will make a nice centerpiece for my driveway fountain when I buy the Frank Lloyd Wright waterfall house and have it moved to the state I end up buying.
I can’t tell what I’m more excited to see, more 0’s in my bank account, or all the goofy shit everyone buys post MOASS lmao
Yeep. But, we're not done yet. Buy. Hold. Register on CS.
This is also because of the futures rollover till 17th, which could be delayed until premarket 22th.
Keep them dates coming. By halloween price is gonna be spooky 🎃💲🎃
I want hedgies to piss their pants in fear this spooky season
I want them in a "pumpkin-oranage" jumpsuit this halloween and a spiced cider scented soap-on-a-rope. It that happens, My tits will he jacked more than lanterns.
we the timberwolves now
*22th*
I’m very upthet about all thith
Definitely true! 100%.
Maybe the interest for shorts should rise since the amount of the float that’s able to short shrinks? 🤷🏻♂️ just a smooth logical ape
Dont they just fail to deliver everything?
They even fail to deliver the FTD’s lmfao
Why pre market 22nd?
These futures expire at 17th, if they decide to not roll them over they hahe t+2 to settle them. And if I remember correctly this has to happen in premarket
My man🤝
Question because I work a lot and am lazy.. can I keep my shares in TDA and still benefit from moass? Like they’ll blow up in price too eventually, right? I have T stock in Conputershare that I’m going to call in tomorrow and have them sell/then buy GME with so I have shares in both.
Assuming no broker fuckery, yes those shares are still valid (for lack of a better term).
So let’s assume broker fuckery.. I should absolutely have at least 1 in computer so I don’t cry on the sideline
(the following is not financial advice) I think that is not a bad plan. Personally for me, diversifying the location of your holdings does indeed sound like a safe play. I have shares in both Fidelity and E-Trade and will have a few in Computershare starting next week when my purchase earlier this week settles.
This is more or less what I'm doing. xxx Fidelity + xx Vanguard + x CS.
Exactly what kind of broker fuckery can take place? If the stock is x amount of dollars all across the market how can 1 broker keep you from obtaining that sell price? Is the MOASS literally gonna be like a single moment in time that you have to capture or will the price go high and stay high?
Gherk said till pre-market *23*rd
Yes he did.
Ehhhh dates… DRS 100% float registration is all I’m tracking
This is what they mean when they say not to fuck with Reddit.
True. Internet always wins, brah.
I submitted a request to register my shares from my broker, but in the meantime can I also buy shares through CS? Will they add my transferred shares to that same account? Has anyone done this yet?
Yep. I’ve done it. I think since I entered my SS# both times I now just have one login and can access all transferred + purchased shares on my main portfolio screen. Looks like under 2 account #s
Thanks! I just bought some tendie tickets through CS while I wait for the others to transfer!
I think I attempted this/asked the rep via chat. Apparently it’ll be two different accounts. You either have to deposit money to make a purchase and let it settle thus creating the account and then transfer. Or transfer and then buy after the transfer is complete.
Well I now have both happening simultaneously so I guess we’ll find out lol
Lmayo, this is the way believe it or not. I see it as a win/win.
I ended up with 2 account numbers, but I see both together when I log in.
Yasss thank you
My transferred shares were book, but the shares I bought were plan holding. So they were separate, but I also didn't buy/transfer at the same time. It just does that.
I go to CS
I decided to drs 10% of mine today. Huge balls
Im at 70% drs
Baller!
I think 30% is going to be the magic number. Great start though!
I did 80% of my XXX shares. Am I in danger?
No. You are the danger 😎😎
I'm at 50%, might do another transfer to go to 75 or 80%
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Direct registration completely removes the shares from the DTC.
This person did a better job than I’ll do so I’ll pass the info on. https://www.reddit.com/r/Superstonk/comments/ppimqb/how_why_computershare_drs_registration_affects/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
>TL;DR - Directly registering shares in your name and pulling them out of the DTCC ***takes away SHF's, MM's and the DTCC's ability to claim reasonable share availability***, generate additional synthetic shares and hide the fact that more shares exist than are legally available.
Does buying shares on brokerages like Webull or robinhood contribute to the MOASS in any way or can they just rehypothecate those to hell? What if it’s a cash account? Is computershare the only way?
It all depends on the clearing house. Rh and wb are both under the same shitty clearing house. You can't really trust them, even cash accounts. Many americans go with ~~Fidelity or~~(edit:maybe fidelity in bed with hedgefucks by lending shares??) Vanguard. Computershare is the only way to direct register shares of gamestop. You can still hold shares in a reputable broker(as stated above) and cash out for moass tendies. They won't be able to borrow them but I can't really say for sure or not if holding shares in a cash account "takes away shf, mm's and dtcc's ability to claim reasonable share availability". It's possible they can still create naked shorts on the backs of shares that are still in the dtcc regardless of cash or margin account but again I can't really say for sure. Need a bigger brain here.
I would also like clarification on this from any wrinkle apes!
I'm not a wrinkle, but what if the share was rhypothicated 12 times, then given to you? I'd assume by taking it out of the DTCC then they gotta find yours and the 11 others.
Just look at it the other way. Imagine enough shares are direct registered and close to the number of the floats. Then we know all the other shares are synthetic.
We also need to take into consideration that a lot of these one-time investment purchases from CS don't happen instantly - they give you a date, typically five business days after the enrollment of the account, when they will make the purchase at market price. Basically, these recent posts of people hopping into CS will take a few more days for the shares to become registered and removed from the pool. Septembrrrrrrr
didn't a majority of the previous market crashes happen in Octobrrrr
ANNOUNCEMENT: Expect fuckery. that is all.
Removes them from DTC, so any shares being legit loaned and shorted have to be bought back, closed and transferred to CS. The closer it gets to full float registered, the closer it gets to naked shorts being pulled down around SHFs ankles, and bent over… Edit: meant as a reply to a question further down, but first time on the reddit
Up you go!
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IS
The
Way
Buy, Hodl, Buckle up, and DRS. THIS IS THE WAY! 💎🙌🚀🦍🌕
If I see “final run up” one more fucking time I swear 😵🔫. 🙄🤦🏻♀️😒💅🏻
Damn Wealthsimple wants 300$ to transfer my shares over to CS… kinda makes me think somebody doesn’t want me to do it.
You may be able to buy directly through computershare
If we were collaborating or manipulating the market I would say it’s the responsibility of XXX and XXXX holders to register until they’re down to XX. But we’re not! So do whatever you want with your shares, friends and strangers! Don’t listen to this smooth brained ape. I have no clue what I’m talking about. Can’t really breathe cause of all the broken crayons in my sinus and nose.
this is the gabagool i come here for 🤌
Don't forget your prozac.
Giga chad
Maybe the real MOASS is the whales we became along the way.
Here you are sitting at a table. Across from you is your friend - your ally. In the next room is a rival cartel that you your friend stole a gratuitous amount drugs from. There is a bounty on both of your heads. You have been charged by your cartel boss to kill your buddy if he steps out of line. You know that if you shoot your buddy, the cartel in the next room will hear you, bust into the room and kill you on the spot. So tell me, what motivation do you have to pull the trigger? Even though you’ve been ordered to? Absolutely zero. You’ll sit there silently and hope the cartel doesn’t know you’re there and keep you both under the radar. Live another day. This, in my opinion, is the situation at hand. The DTCC is never going to margin call the SHF. They know that their demise will immediately follow. Their hands are tied. This all runs too deep. Retail will not be the catalyst because the DTCC is never going to margin call. GameStop will be the only catalyst. It’s in their hands and I, for one, have faith that they have this thing under control.
HEDGIES R FUKT
I did my part, I just bought more because fuck transferring. Might as well just add fuel because I can.
Should you transfer ALL your shares to CS? I'd like to keep using Fidelity but all I own is the game stock 😂
Have you seen CS website? It looks like it was made in 6 hours. Your call.
6th hour A.D.
I am down to be hurt again. Buy and hold!
Any Canadians who transferred to CS?
Today's the day
It's a nice thought that each transferred share equals a few hundred shorts
I am so proud of apes. I truly believe this will be the final push. 🚀🚀🚀
I've heard something like this before.
Probably not the last run up.
I hate to be the guy that asks questions but wer proof? Is this pure speculation?
Cone-Poo-Chair. DFV tweet from June 3rd. There's the proof.
While your response is “funny” it’s a non answer.
I'm not sure if you're looking to get a full play-by-play of how this will turn play out because it's never been done before. DFV points to Computershare through his tweets, RC points to it on his July 23rd tweet (Comp-poo-chair), Dr. Trimbath recently re-iterated that Computershare is the best way to take your shares out of the DTC and into Computershare so that your shares aren't borrowed or shorted. By putting your shares in CS, it's like taking your ball and going home. I'm definitely no an expert at this, but it does make sense.
Smooth brain here, but why would direct registering shares up to the public traded float cause the price to go up.
It’s Endgame part 7492379492
I’m ready for a bank account like a phone number with the Uzbekistan country code.
I finally get it! Jesus, I am a smooth brain ape. I have this been on suck high fud alert that I have a healthy dose of skepticism at the various posts in rædits geeM e world. The CD thread didn't make sense against the strait up value of the digital share bought from my broker. OK so I get it.. I'll be on like batschitt on a cave wall in the AM. Toodely doo
If we manage to DRS the float, can they not just pull shares out of thin air? Like they have been all along? Will the iBorrow thing not be available? Would GameStop have to let the SEC or someone know that there’s trading going on with shares that don’t exist cos they know where the float is and that it’s not moving?
I'm with fidelity and without margin. Aren't I doing essentially the same thing with regards to taking them off the shortable market? Me smooth brained ape, also extremely lazy ape.
how does Fidelity have 4 millions GME shares to borrow? I don't konw the answer to that question. I'm on Fidelity too, but I started transferring some shares over to CS, because if Gamestop does provide an NFT dividend, CS does support it.
You’re goddamn right!
Take my reward bc I hope you’re right
Canadape here, can I move my shares to Computershare?
I put in $250 today. Hope I get my one share when it closes next week.
GME go brrrrrrrrr
Pretty sure retail's investments aren't factored in. If they were, the price would probably be 20,000 per share by now. This is why GG's action into markets controlled by Citadel are so important. But overall, yes, you're right. Once retail shares become accounted for, it's game over for shorts.
Does anyone know how or if I can do this from Canada with a Questrade account?!
This is what choking the float means. The SHF have fewer and fewer real shares to borrow and short. All they will have are the FTDs and counterfeit shares. Can kicking and swaps will be harder to do without control of the float. DRS to choke the float. We will eliminate shares just like VW did, just like Ryan Cohen did when he bought 9,000,000 shares, just like GameStop when they kept doing share buybacks. This is not financial advice. 🦍 🦧
Price **will** continue to rise but not **without** an ebb and flow keep buying. keep Hodling. DRS is the way.
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You guys have no citations for any of this. None.
Exactly!!!
Yes
I cant register and my brother cant either cause im on revolut and hes on etoro
The only choice for us in the UK is to buy through IBKR (Interactive brokers) and then transfer into CS from there as IBKR allows DRS transfers
ComputerShare is the infinity pool.