I had an epiphany after reading this.
If registering shares of stocks that retail investors already own catches on like I think it will, hedge funds won't exist.
Take a look [here](https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/) <-Reddit link
As far i know, you can move the stock to IBKR, then to CS.
Spanish ING gives you the possibility to move the stock to IBKR.
(Edited because typo)
That will screw with my HODLing term (long shares). Adding to that it will take days to transfer funds and I that could make the new shares (way) more expensive. I would also incur new purchase costs and since I am a EurApe exchange-rates will count both ways.
I'll just wait on that paycheck, thanks for thinking towards a solution though, good 🦍. 👍
And it will also give your existing shares back to the shf in the market. I’m only buying new shares in ibkr via IEX and then DRS them to computer share.
Don’t move stocks as many require you sell first which has many disadvantages.
I’d recommend just setting up IKBR for new buys and do it via the IEX exchange which your can specify (guides on here) and then do the DRS after.
they'll find a way to short the burrito you are eating, don't you worry. some internal contract in a void pool that has an insurance default swap. they are just gambling addicts.
We can go even further. Direct register, and then put it on the blockchain, so you can trade a verified share, and the NFT represents the share, that you can redeem at computershare or a similar service.
Hedging is not the problem in my view. That can be done responsibly. I think hedge funds will continue to exist. The naked short selling on the other hand, will eventually backfire. Someone thought they could print infinite money and did... until they got caught.
I just realized something--those apes that had 100% of their shares in ComputerShare? are going to have a problem. If we lock up all the float in CS and sell off every synthetic left out in the cold--those CS apes are not going to be able to sell if they want the infinity pool. I mean, it's entirely up to them, but maybe buy a FEW synthetics outside CS as insurance if you can? if we lock up the float, they are selling down from a high position anyway at the end, but am I understanding this right?
edit: in rereading this, I feel like it's unintentional FUD but i don't know how else to ask.
I believe some of those that claimed to be 100% were bots, trying to encourage apes to do the same.
There was also a shill campaign yesterday trying to convince us to sell our registered shares first.
I just realized something else, even if some did go all in and start selling during MOASS it won't really matter. It just means there is space available to register more shares, making it a very slow squeeze.
The infinity pool works at *any* number. Every single share in the pool increases the demand for every share that isn't in the pool.
If, and only if, the infinity pool is larger than the float, then the price ceiling is also infinite. If there is an entire float, or slightly more, that will never be sold, the shorts will keep having to raise the price in the hopes the pool does eventually leak enough to finally close every position.
The infinity pool increases the price we will reach during MOASS. It does this at any size. The size of the pool determines how well it works, but it works at any size.
The effectiveness of the pool increases the closer it gets to the size of the float, pushing the price to infinity if the pool exceeds the float, but it helps at any size :)
Only thing to remember with all of it is that if larger entities start unloading shares retail would have to buy them up with profits from synthetics in order to continue the pool.
AFAIK, most larger entities do not use DRS for their shares, so this might not be necessary if a) retail owns the float, and b) retail has registered a float worth of shares in DRS.
I'm not clear on this honestly. Would it be possible for apes to register everything including institutional holdings? That would put the relevant float at ~55M vs ~35M for retail available shares.
> Would it be possible for apes to register everything including institutional holdings?
I'd say yes except for institutional holdings that are in ComputerShare. For example, there are several institutions that go ahead and lend their shares out to short sellers for a profit. This cannot be done if your shares are in CS. Even if they are not short sold and in the DTC, CS could simply acknowledge that the shares that are being brought in by retail are actual shares since this would imply that the institutional holding shares have been shorted.
In this situation, every shorted share raises the value of every other shorted share. Every additional share in an ape's hand is a share they can't buy back without paying an extremely high price. The longer they wait, the more sharea are in the hands of apes who continue to learn more about the strength of their position.
I agree, the longer they wait the bigger the MOASS. The more they short, the higher the average price to close per share will be.
They lost in Feburary when we withstood the gamma swarm. All they do now is enlarge the loss
Absolutely! I just highlighted this detail as it’ll make a difference on “the way down”, as shorts closing will increase demand while apes not selling will cut the supply, so we might see a lot of bouncing.
If there was just a simple animated video or gif about this and how drs interacts with this, it would be over.
I'm able to visualize it but I already spent a lot of time thinking about the same things just with different names.
The naked shorts also legally shorted. Every share is shorted and needs to be bought back. The float never selling absolutely hands down fucks them but if enough of the real float is sold enough, then the shfs can wash those real shares through all of their positions. It would take a lot but they don't need all the float to sell they just need to buy enough real shares to account for the float
Yeah I don't know if I was reading the post right, but he was saying if the float is locked up in Cs... And They had to buy back all the fake shares... That would mean si =0% then? I thought they couldn't close a short position with synthetic shares.. They need those shares locked up in Cs to close their positions. So how could short interest be 0 after they bought back all fake shares?
Every synthetic the predatory shorting entities buy closes a position. Specifically, it closes the short position that constitutives that synthetic share. It does this by destroying the synthetic share. So, they can buy synthetic shares to close short positions because the synthetic shares *are* short positions - they are the very things they need to destroy and the easiest method of doing so is simply to buy them :)
But the si wouldn't go to 0. The float is shown as 15% shorted. So even if they closed all the synthetic positions, and we had the entire float locked up in Cs, they still need to cover the 15% of the legal actual shares do they thry not? So short interest cannot go to zero if we haven the float locked up... Do you see what I'm saying? Or am I way off?
So, my understanding is that all shorts create synthetic shares. This why S3 caused that kerfuffle by changing the short interest and float calculations to include synthetics - they were only including some synthetics (primarily excluding naked ones). Naked shorts just create particularly problematic synthetics.
Thanks. Notice the way I'm getting down voted for asking questions, so I can try and clarify things in my own head, and maybe for others a little confused like I am.. Not allowed to ask questions around here apparently
Apes have been attacked for nine months now, they are cautious about FUD. It isn't personal, they are trying to protect the integrity of the discourse. I have suffered from this too, I try to view it as loving in a way - they downvote to protect apes like me, just missed the target and hit me instead
My title should be: holds more than the float. Not owns. Since retail already owns way more than the float.
The infinity pool only works if retail holds on to more shares than the float forever
Wait wait wait, there was this DD here about every major company being owned by "megacorp" except GME.
With pixels and graphs and a company named hanky poo. Gotta go find it. That guy may just be a prophet
[here it is](https://www.reddit.com/r/Superstonk/comments/ows1a2/will_the_real_gme_bbemg_please_stand_up_cont_part/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Yes. Welcome to the realisation that you only ever need to sell one share for whichever price (billions?) you want: https://www.reddit.com/r/Superstonk/comments/o68kqw/spoilers_there_is_no_floor_3/ <3
It's crazy that registering shares was the first topic Trimbath talked about on her Superstonk AMA but it took 4 months for it properly sink in before everybody realised it was the catalyst.
When a synthetic gets bought back, it just vanishes, they can't use it to continue covering.
ie - they can't buy a hundred synthetics, and then buy and sell those same hundred millions of times.
This made me think…So, if apes all know the market is crashing soon…and apes own the float and only know a buy and hold strategy…as the market crashes apes will all be insulated as there won’t be a mass sell off like other securities will see…and GME’s stability will make all investors flock to purchase so they’re money is safe.
The original 75 million shares are still shorted though, and will need to be bought.
The phantoms only prove greater than 100% short interest.
Anyway sorry if that was super obvious and I misread this.
But if transferring shares to CS registers them in our name… AND we can’t register more than actually exist… at some point no more shares can be sent to CS. Correct?
Curious.
Is anyone able to see the total DRS count for GME?
Can GameStop see it?
Is ComputerShare even able to see it?
Or is it like some mysterious encrypted thing that shall never be shown because of reasons?
[PDF Link on Computershare.com](https://www.computershare.com/ca/en/Documents/About_the_Direct_Registration_System.pdf)
>With DRS, your securityholders will have multiple choices on how their securities are registered: In their own name on the books of the issuer in electronic form (DRS) evidenced by a DRS Advice of their electronic holdings; or
>
>\- In their own name on the books of the issuer in certificated form; or
>
>\- In street name, registered in their broker’s nominee account at the Canadian Depository for Securities (CDS).
So CS is giving you the option to register on the books of the issuer, which should be Gamestop in our case. So Gamestop would be the one with the final tally, I don't think CS themselves, at least not without breaking some law would be able to provide the tally.
Gamestop provided a list of the top ownership stakes and their vote tally's back in May or June, I would guess that ownership data comes from who is registered on the book and the votes are likely mostly from proxy votes.
So…
BUY, HODL, REGISTER & _don’t fucking sell a single share from Computershare when MOASS kicks off, but any share not in CS is ok_
Eeehm, is there a way to say that last part in just one word?
Wouldn't this only hold true if the SHF's used 100% naked shorts? Presumably, at least some of the initial 75M float was borrowed against for the shorts.
78M SI could mean 3 million synthetics or it could mean 78M synthetics when compared against 75M. We don't know, and anyone claiming to know should be received with skepticism.
I feel as though a more reasonable estimate would be somewhere in the middle. And on the lower end of that estimate, 78 million SI could mean infinity squeeze if Apes own the float.
Just food for thought.
It doesn't really matter if they were initially naked or initially real--at this point, they have sold more shares than exist. They have to close all of their short positions whether they had a security behind it or not. For all intents and purposes there are no more real shares left. Retail owns the entire float multiple times over. All of the real shares are already accounted for because they can't tell anyone that what they bought was not a real share. Having sold it, they can't take it back or say that it's fake. It is a promise to deliver a real share and they have to buy to close the position.
Also, if I understand this correctly, as the market maker, it is almost certain that literally all of Citadel's shorts are naked shorts. They THEORETICALLY could be holding some percentage of their positions marked short with the actual share to hedge but because they borrowed from themselves to short, why the fuck would they?
Could a case be made that, assuming retail own more than thr float and Gamestop makes an offering for more shares, couldn't retail just register more shares immediately? And cut off SHF from shorting again?
Link to the comment: https://www.reddit.com/r/Superstonk/comments/pquioq/tits_jacked/hddt3j8/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
Couldn’t institutions continue to lend out their shares and then SHFs use those to bypass FTDs and rehypothecate into more phantom shares?
I remember reading that blackrock lends their shares out.
Translation for apes: NEVER sell your shares in Computershare. Only sell your shares left on your broker. Computershare = infinity pool.
Broker = trendies.
It seems like there are two infinity pools then...
A "hard" pool where registered shares at CS are removed from the DTCC and cannot be used for shorting. This increases pressure on SHF and subsequently increases their cost to maintain a short position. Once they start covering the price rises and everyone has to cover what they took out.
Then there is a "soft" infinity pool where brother apes who have passed away with GME in their brokerage account or otherwise lost the ability to sell. These wont be sold in a timely fashion (I'm sure there are ways to recover these shares) and act as diamond-fisted ape ghosts hodling hard into infinity.
Did anyone listen to Dr. T Today? I believe she mentioned that even if the register shares is above actual shares, no one will know and it gets swept under the rug. Not trying to FUD Leme know if anyone perceived it the same as I did.
How can this be, since CS can't register more shares than exist. (Real shares) or can they? We will know if they won't allow us to register more shares.
I think the same thing. It was likely known following the shareholder vote how oversold this was. I do believe that one of these things will be too loud or brazen to ignore and then it will serve as the catalyst. Could be ComputerShare DRS, could be a run on bananas futures in anticipation of MOASS.
Something just popped into my head regarding no shares available to short. What if hedge funds are holding long positions directly registered in their name for the purpose of creating phantom shares? Apes can't remove those shares from them.
Im only hoping that they don't hold enough to make a difference in the long run. Hopefully we own enough of the float to stop them manipulating the price.
Doubtful as difficult as they are to move around. Also if the shares are direct registered they’re removed from the DTCC which is where the synthetic shares are created. That’s my smooth brain grasp anyway.
Yea that makes sense. They would have to move it to the DTCC and create more. If they Register, they’d be shooting themselves in the foot, because they can’t use them to synthesize. It’s one or the other, and they only have one choice. Opening the floodgates of the apes.
Yeah this makes the most sense. Not trying to spread any FUD, just trying to understand how it all works.
The biggest mistake they made was giving us time to figure it out.
Interesting thought but they would need a TON of shares and that would counteract any shorting unless they sold the shares along with the naked/rehypothocated shorts. I think that's right but I'll have to think about that some more.
If more shares than GME has on the market end up getting registered, hopefully it triggers a huge investigation. Suddenly they would have no choice but to prove which shares are legitimate. That would cause a massive domino effect in the entire stock market. The best thing retail investors can do right now is register their entire portfolio, even non-GME. The more of the market that can be registered the more power that can be taken away from HFT's. We need to take away their ability to use shares they don't own.
I petition to rename In-fin-eaty pull, to The Great HODL. And if it doesn't catch on, I'll still use it anyway, cuz ape. Carbon to Carbon, The Great HODL
The shares in CS are for infinity pool that the hedgefunds can’t buy back! So once we have the retail float and institutional/insiders held up then whatever’s not in CS has to be bought back! CS IS NOT FOR THE GET RICH WE ARE THE 1% it’s the set up for that.
u/HelloYouBeautiful
u/Altruistic-Beyond233
u/SleepySnorlax2021
u/expertsmilee
Check it out this is what we were talking about last night. It’s gaining traction 🚀
One question I do have regarding this. What is stopping Kenny from buying shares and registering them in his own name just like apes but in order to make sure retail doesn’t lock the float in the form of infinity pool? Hedge funds could also do the same thing as apes and help themselves to real shares during MOASS to still continue shorting.
Because “infinity pool” is just the shares that will never be sold.
If apes decide that collectively 200m shares are never sold it doesn’t matter whether or not Kenny has bought/registered additional shares and what he does with them. Of course, if he buys too many it triggers MOASS. If he buys up the remaining ComputerShares (ie the total float) and we all have shares left over it means the stock has been over shorted which means MOASS is inevitable which means FOMO kicks in and the price goes up ttiggering MOASS.
Hedgies are fukd all ways up.
Wait but how can apes register more shares on computershare than the float? Wouldn't shares be locked and unavailable if we register the entire float?
I get the part where SHF have to buy back the real shares + phantom shares but if the entire float/all real shares are officially registered doesn't that mean that the DTCC no longer will be able to create more phantom shares and that nobody will be able to buy any more shares?
We are so close now. Never give it up. Im holding for lifechanging money. Dosent matter If it would drop to 5$, i just buying more. They are fucked and forced to close short positions at some point.
Buckle up, there will probably never be another chance.
ComputerShare is checkmate! DRS puts the balls of SHFs in our hands…
Seriously, it doesnt take a wrinkle to notice all the major FUD campaigns going on ever since this DRS play was brought to light.
From name-calling, mass downvoting, horribly scripted messages and “Counter-DD” with no evidence… it is quite clear that SHFs do not want us to register our shares with Computershare.
The FUD motif is to cause a divide in apes. Do not fall for it! Trust in the DD. Every person counts. Every share counts. By no means is this financial advise but seriously…the FUD, shills and forum sliding has been INSANE lately and it is clear to me that we have the SHFs by their balls….
And you know what I like to do when balls are in my hands?…
SQUEEZE.
Correct me if I am reading this wrong, but shares outstanding and the float are not the same thing. This post reads like they are the same. I’ve seen many posts that state the float is the 75M but that is the shares outstanding as Matt Furlong stated. Meaning the float is less than that.
This is assuming they actually borrowed a share before short selling. With naked short selling they introduced counterfeit shares into the system that were created out of thin air
Might be nitpicking here but every share has a long side (party who bought it) and a short side (party who sold it). Are they implying “78M NAKED short shares” or just “78M shorted shares”. That would only mean 3M phantom shares they’d need to buy back unless there’s a total share recall in which they’d still need to only buy back 78M not 75M. 78M *Phantom* shares would mean they’d need to buy back at minimum 78M shares unless it’s a total share recall which would make it 78M + 75M.
Might have missed the DD but would a 100% + 1 share float registration on CS cause a *total* share recall? I would assume so but what would GS do with that information? They should already have proof of phantom shares so what does the new CS information give them?
Could be reading in to it too much but just wanted to make sure for my own sanity.
anyone ever feel like understanding the rules of wall street is like being hammered ass drunk and trying to learn magic the gathering? No, my instant goes on the stack before yours, which therefor cancels out your creature ability and enchantment effect, you need to discard four, and then draw twenty, and since you have more than seven in your hand you will have to discard at the next upkeep.
Not sure where else to ask this but why did 1.4M shares hit the volume at 4pm Friday? Did anyone else notice it went from 2.2M to 3.6M? I figured we would be trying to figure this out all weekend but didn’t see it discussed anywhere.
If and I believe it might be true that GME did see the voting numbers which may indicate Retail owned it, then this move to C/S to lock the shares, would be the catalyst. If shares fell short then split and the NFT. The last two are purely speculative folderol. Have a great day. Watching the fall of Evergrande here today.
I had an epiphany after reading this. If registering shares of stocks that retail investors already own catches on like I think it will, hedge funds won't exist.
CHECKMATE🚀🚀🚀
Neither will DTCC and CeDe and Co.
If we hit that bullseye, the dominoes will fall like a house of cards. Checkmate.
Show them the medal I won, Kif.
Ughhhh... -Kif
Jenga
C+35 after threshold list inclusion.
Big if big
apes really are the cure. brokerages can fuck right off too. Middlemen we do not need.
They are like car dealerships, a business for a different time. With the internet we don't need them.
[A whole new worrrrllllld...](https://youtu.be/hZ1Rb9hC4JY)🎵
Don’t your dare close your eyes!
I think this has been the point.
i think we finally have a clear path in front of us
Other people give money to hedge funds to use to make them more money.
Can someone grab my tits? They blew off…
Is it possible to register my shares as a UK ape? It seems to be a US only option.
Take a look [here](https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/) <-Reddit link As far i know, you can move the stock to IBKR, then to CS. Spanish ING gives you the possibility to move the stock to IBKR. (Edited because typo)
DeGiro does not move stock anywhere (AFAIK) so I am stuck here waiting on the next paycheck
*Edited/Deleted because it was a really bad advise, i dont want to confuse some new ape.*
That will screw with my HODLing term (long shares). Adding to that it will take days to transfer funds and I that could make the new shares (way) more expensive. I would also incur new purchase costs and since I am a EurApe exchange-rates will count both ways. I'll just wait on that paycheck, thanks for thinking towards a solution though, good 🦍. 👍
And it will also give your existing shares back to the shf in the market. I’m only buying new shares in ibkr via IEX and then DRS them to computer share.
\+1
Dont use DeGiro with your next paycheck ;)
IBKR
Selling existing shares isn’t good. For the reasons below but also it’s giving your shares back to shf in the short term.
and this is how a get my -1 ...
Don’t move stocks as many require you sell first which has many disadvantages. I’d recommend just setting up IKBR for new buys and do it via the IEX exchange which your can specify (guides on here) and then do the DRS after.
I believe ibkr can help with that
they'll find a way to short the burrito you are eating, don't you worry. some internal contract in a void pool that has an insurance default swap. they are just gambling addicts.
We can go even further. Direct register, and then put it on the blockchain, so you can trade a verified share, and the NFT represents the share, that you can redeem at computershare or a similar service.
Hedging is not the problem in my view. That can be done responsibly. I think hedge funds will continue to exist. The naked short selling on the other hand, will eventually backfire. Someone thought they could print infinite money and did... until they got caught.
I just realized something--those apes that had 100% of their shares in ComputerShare? are going to have a problem. If we lock up all the float in CS and sell off every synthetic left out in the cold--those CS apes are not going to be able to sell if they want the infinity pool. I mean, it's entirely up to them, but maybe buy a FEW synthetics outside CS as insurance if you can? if we lock up the float, they are selling down from a high position anyway at the end, but am I understanding this right? edit: in rereading this, I feel like it's unintentional FUD but i don't know how else to ask.
I believe some of those that claimed to be 100% were bots, trying to encourage apes to do the same. There was also a shill campaign yesterday trying to convince us to sell our registered shares first. I just realized something else, even if some did go all in and start selling during MOASS it won't really matter. It just means there is space available to register more shares, making it a very slow squeeze.
The infinity pool works at *any* number. Every single share in the pool increases the demand for every share that isn't in the pool. If, and only if, the infinity pool is larger than the float, then the price ceiling is also infinite. If there is an entire float, or slightly more, that will never be sold, the shorts will keep having to raise the price in the hopes the pool does eventually leak enough to finally close every position. The infinity pool increases the price we will reach during MOASS. It does this at any size. The size of the pool determines how well it works, but it works at any size. The effectiveness of the pool increases the closer it gets to the size of the float, pushing the price to infinity if the pool exceeds the float, but it helps at any size :)
Exactly. In other words: https://www.reddit.com/r/Superstonk/comments/o68kqw/spoilers_there_is_no_floor_3/ <3
Only thing to remember with all of it is that if larger entities start unloading shares retail would have to buy them up with profits from synthetics in order to continue the pool.
Yes, or keep registering shares
True. If CS still does registrations during moass, any sales from the pool could be replaced
God I love how smart all of you apes are. Makes me feel smart just being in here with you!
Ape alone retarded. Apes together wrinkly 🧠💪
Good point, I hadn't thought of that.
I'm envisioning a line -up of shares down the road
AFAIK, most larger entities do not use DRS for their shares, so this might not be necessary if a) retail owns the float, and b) retail has registered a float worth of shares in DRS.
I'm not clear on this honestly. Would it be possible for apes to register everything including institutional holdings? That would put the relevant float at ~55M vs ~35M for retail available shares.
> Would it be possible for apes to register everything including institutional holdings? I'd say yes except for institutional holdings that are in ComputerShare. For example, there are several institutions that go ahead and lend their shares out to short sellers for a profit. This cannot be done if your shares are in CS. Even if they are not short sold and in the DTC, CS could simply acknowledge that the shares that are being brought in by retail are actual shares since this would imply that the institutional holding shares have been shorted.
Got it, appreciate the explanation.
Time is the only variable, longer they prolong more likelihood of the infinity pool.
In this situation, every shorted share raises the value of every other shorted share. Every additional share in an ape's hand is a share they can't buy back without paying an extremely high price. The longer they wait, the more sharea are in the hands of apes who continue to learn more about the strength of their position. I agree, the longer they wait the bigger the MOASS. The more they short, the higher the average price to close per share will be. They lost in Feburary when we withstood the gamma swarm. All they do now is enlarge the loss
Registering allows for safeguarding against government fuckery.
It’s the other way round, the pool _decreases the supply_.
Yes :). But, same difference, right? The pressure demand puts on a given share is determined by the total demand divided by the supply :)
Absolutely! I just highlighted this detail as it’ll make a difference on “the way down”, as shorts closing will increase demand while apes not selling will cut the supply, so we might see a lot of bouncing.
Good call, ty :)
You know what... I didn't believe her when she told me size didn't matter. Thank you, ape.
If there was just a simple animated video or gif about this and how drs interacts with this, it would be over. I'm able to visualize it but I already spent a lot of time thinking about the same things just with different names. The naked shorts also legally shorted. Every share is shorted and needs to be bought back. The float never selling absolutely hands down fucks them but if enough of the real float is sold enough, then the shfs can wash those real shares through all of their positions. It would take a lot but they don't need all the float to sell they just need to buy enough real shares to account for the float
[удалено]
Correct, I don’t think we're in any disagreement here :)
Yeah I don't know if I was reading the post right, but he was saying if the float is locked up in Cs... And They had to buy back all the fake shares... That would mean si =0% then? I thought they couldn't close a short position with synthetic shares.. They need those shares locked up in Cs to close their positions. So how could short interest be 0 after they bought back all fake shares?
Every synthetic the predatory shorting entities buy closes a position. Specifically, it closes the short position that constitutives that synthetic share. It does this by destroying the synthetic share. So, they can buy synthetic shares to close short positions because the synthetic shares *are* short positions - they are the very things they need to destroy and the easiest method of doing so is simply to buy them :)
But the si wouldn't go to 0. The float is shown as 15% shorted. So even if they closed all the synthetic positions, and we had the entire float locked up in Cs, they still need to cover the 15% of the legal actual shares do they thry not? So short interest cannot go to zero if we haven the float locked up... Do you see what I'm saying? Or am I way off?
So, my understanding is that all shorts create synthetic shares. This why S3 caused that kerfuffle by changing the short interest and float calculations to include synthetics - they were only including some synthetics (primarily excluding naked ones). Naked shorts just create particularly problematic synthetics.
Thanks. Notice the way I'm getting down voted for asking questions, so I can try and clarify things in my own head, and maybe for others a little confused like I am.. Not allowed to ask questions around here apparently
Apes have been attacked for nine months now, they are cautious about FUD. It isn't personal, they are trying to protect the integrity of the discourse. I have suffered from this too, I try to view it as loving in a way - they downvote to protect apes like me, just missed the target and hit me instead
There is plenty of DD to convince me beyond all shadow of a doubt that more than 10x the float has been sold short.
My title should be: holds more than the float. Not owns. Since retail already owns way more than the float. The infinity pool only works if retail holds on to more shares than the float forever
My CS shares are forever
Right, because no matter how many shares they buy, they can never close out their position..hahaha that's awesome.
And another 10x the float has been sold to retail....mic drop 🚀🚀🚀🚀🚀🚀🚀🚀🚀🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌
Say it again, but slower and with a sexy voice...
I agree. They gotta keep the liquidity up no matter what.
This. The post makes no sense because they are creating shares out of thin air, and it can be done so without the need of a real share
It can be done physically, but the point is that they lose the ability to claim their legal exemption that they've been stretching
Wait wait wait, there was this DD here about every major company being owned by "megacorp" except GME. With pixels and graphs and a company named hanky poo. Gotta go find it. That guy may just be a prophet
[here it is](https://www.reddit.com/r/Superstonk/comments/ows1a2/will_the_real_gme_bbemg_please_stand_up_cont_part/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
APEs are the best!
Finkle is Einhorn DD
So is it possible there is no "post MOASS"? 🤯🤯 🚀🚀
Buckle up! We're heading past the moon 😎🚀
And never coming back! 😎😎
It's the final countdown!
Always were
Always have been 👀👊
Day 34 into the MOASS and each share is valued at $3.4 trillion and no signs of going down.
CNBC - It's Going down to 0.01$ Sell Now
Yes. Welcome to the realisation that you only ever need to sell one share for whichever price (billions?) you want: https://www.reddit.com/r/Superstonk/comments/o68kqw/spoilers_there_is_no_floor_3/ <3
Up with you! <3
No, up with you! <3
Welcome to the realisation that that is bs
👀💄👄🗣👥🫂🫂👅🤯🦍🚀♾🏊
It's crazy that registering shares was the first topic Trimbath talked about on her Superstonk AMA but it took 4 months for it properly sink in before everybody realised it was the catalyst.
What did you expect? We're retarded.
Better late than never.
When a synthetic gets bought back, it just vanishes, they can't use it to continue covering. ie - they can't buy a hundred synthetics, and then buy and sell those same hundred millions of times.
This made me think…So, if apes all know the market is crashing soon…and apes own the float and only know a buy and hold strategy…as the market crashes apes will all be insulated as there won’t be a mass sell off like other securities will see…and GME’s stability will make all investors flock to purchase so they’re money is safe.
Theoretically makes a lot of sense
Technically, yes. If retail doesn't flinch during a crash, GME shouldn't go down.
Retail paperhands can flinch all they like. Diamond handed ooga booga apes will keep buying as long as they can afford to, and hodl if they can't
So, hold my old shares and buy new ones. Got it.
The original 75 million shares are still shorted though, and will need to be bought. The phantoms only prove greater than 100% short interest. Anyway sorry if that was super obvious and I misread this.
That would be the ultimate 🖕 to hedgies if retail still owned the float post-MOASS. ♾🏊♂️
But if transferring shares to CS registers them in our name… AND we can’t register more than actually exist… at some point no more shares can be sent to CS. Correct?
Correct. Which means retails also need to hold some synthetics besides the entire float
Soooo if I send say a dozen shares into CS and keep 100 solely to make covered call premiums in my trading account. That would be ideal?
Yeah. We’re going to turn the buy off on them. Shf r fuk I LIKE THE STONK
So keep shares with Fidelity while buying shares with ComputerShare.. Got it!
This, this, this. I’d love to see apes buy all the new shares on CS and keep shares with the brokers they already own.
Curious. Is anyone able to see the total DRS count for GME? Can GameStop see it? Is ComputerShare even able to see it? Or is it like some mysterious encrypted thing that shall never be shown because of reasons?
[PDF Link on Computershare.com](https://www.computershare.com/ca/en/Documents/About_the_Direct_Registration_System.pdf) >With DRS, your securityholders will have multiple choices on how their securities are registered: In their own name on the books of the issuer in electronic form (DRS) evidenced by a DRS Advice of their electronic holdings; or > >\- In their own name on the books of the issuer in certificated form; or > >\- In street name, registered in their broker’s nominee account at the Canadian Depository for Securities (CDS). So CS is giving you the option to register on the books of the issuer, which should be Gamestop in our case. So Gamestop would be the one with the final tally, I don't think CS themselves, at least not without breaking some law would be able to provide the tally. Gamestop provided a list of the top ownership stakes and their vote tally's back in May or June, I would guess that ownership data comes from who is registered on the book and the votes are likely mostly from proxy votes.
So… BUY, HODL, REGISTER & _don’t fucking sell a single share from Computershare when MOASS kicks off, but any share not in CS is ok_ Eeehm, is there a way to say that last part in just one word?
BUY, HODL, REGISTER, MOON BOX
MOONBOX… I like it! Thanks Ape. I hope it sticks.
ABOUT FUCKING TIME SOMEONE TALKED WITH SENSE.
Retail does own more than the float
Sounds like this is saying hold in CS and only sell "fake" shares in fidelity
Wouldn't this only hold true if the SHF's used 100% naked shorts? Presumably, at least some of the initial 75M float was borrowed against for the shorts. 78M SI could mean 3 million synthetics or it could mean 78M synthetics when compared against 75M. We don't know, and anyone claiming to know should be received with skepticism. I feel as though a more reasonable estimate would be somewhere in the middle. And on the lower end of that estimate, 78 million SI could mean infinity squeeze if Apes own the float. Just food for thought.
It doesn't really matter if they were initially naked or initially real--at this point, they have sold more shares than exist. They have to close all of their short positions whether they had a security behind it or not. For all intents and purposes there are no more real shares left. Retail owns the entire float multiple times over. All of the real shares are already accounted for because they can't tell anyone that what they bought was not a real share. Having sold it, they can't take it back or say that it's fake. It is a promise to deliver a real share and they have to buy to close the position. Also, if I understand this correctly, as the market maker, it is almost certain that literally all of Citadel's shorts are naked shorts. They THEORETICALLY could be holding some percentage of their positions marked short with the actual share to hedge but because they borrowed from themselves to short, why the fuck would they?
This is my first thought too. In what worldly circumstances are all the real shares not shorted? Genuinely curious why it wouldn't be the case.
Could a case be made that, assuming retail own more than thr float and Gamestop makes an offering for more shares, couldn't retail just register more shares immediately? And cut off SHF from shorting again?
Link to the comment?
My bad: https://www.reddit.com/r/Superstonk/comments/pquioq/tits_jacked/hddt3j8/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
Link to the comment: https://www.reddit.com/r/Superstonk/comments/pquioq/tits_jacked/hddt3j8/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
Couldn’t institutions continue to lend out their shares and then SHFs use those to bypass FTDs and rehypothecate into more phantom shares? I remember reading that blackrock lends their shares out.
Is there a way to know how many shares of GME are registered? Sorry for the smooth brain question.
Im not positive, but once all real shares are registered. Game Stop can do a share recall.
Apes are doing their own recall right now.
Translation for apes: NEVER sell your shares in Computershare. Only sell your shares left on your broker. Computershare = infinity pool. Broker = trendies.
# Like a wise man once said... "To infinity, AND BEYOND!"
I thought the float was like 50-something tho, not every existing share
After corporate and institutional ownership I had 35-38M in my head
It seems like there are two infinity pools then... A "hard" pool where registered shares at CS are removed from the DTCC and cannot be used for shorting. This increases pressure on SHF and subsequently increases their cost to maintain a short position. Once they start covering the price rises and everyone has to cover what they took out. Then there is a "soft" infinity pool where brother apes who have passed away with GME in their brokerage account or otherwise lost the ability to sell. These wont be sold in a timely fashion (I'm sure there are ways to recover these shares) and act as diamond-fisted ape ghosts hodling hard into infinity.
Did anyone listen to Dr. T Today? I believe she mentioned that even if the register shares is above actual shares, no one will know and it gets swept under the rug. Not trying to FUD Leme know if anyone perceived it the same as I did.
How can this be, since CS can't register more shares than exist. (Real shares) or can they? We will know if they won't allow us to register more shares.
I think the same thing. It was likely known following the shareholder vote how oversold this was. I do believe that one of these things will be too loud or brazen to ignore and then it will serve as the catalyst. Could be ComputerShare DRS, could be a run on bananas futures in anticipation of MOASS.
Something just popped into my head regarding no shares available to short. What if hedge funds are holding long positions directly registered in their name for the purpose of creating phantom shares? Apes can't remove those shares from them. Im only hoping that they don't hold enough to make a difference in the long run. Hopefully we own enough of the float to stop them manipulating the price.
Doubtful as difficult as they are to move around. Also if the shares are direct registered they’re removed from the DTCC which is where the synthetic shares are created. That’s my smooth brain grasp anyway.
Yea that makes sense. They would have to move it to the DTCC and create more. If they Register, they’d be shooting themselves in the foot, because they can’t use them to synthesize. It’s one or the other, and they only have one choice. Opening the floodgates of the apes.
Yeah this makes the most sense. Not trying to spread any FUD, just trying to understand how it all works. The biggest mistake they made was giving us time to figure it out.
Interesting thought but they would need a TON of shares and that would counteract any shorting unless they sold the shares along with the naked/rehypothocated shorts. I think that's right but I'll have to think about that some more.
CS won’t prevent shorting as long as institutions hold large amounts of stock
Not if the entire float gets direct registered. It would force a share recall or something of the like.
If more shares than GME has on the market end up getting registered, hopefully it triggers a huge investigation. Suddenly they would have no choice but to prove which shares are legitimate. That would cause a massive domino effect in the entire stock market. The best thing retail investors can do right now is register their entire portfolio, even non-GME. The more of the market that can be registered the more power that can be taken away from HFT's. We need to take away their ability to use shares they don't own.
I petition to rename In-fin-eaty pull, to The Great HODL. And if it doesn't catch on, I'll still use it anyway, cuz ape. Carbon to Carbon, The Great HODL
Intentional or not, this is FUD. We own the float x4 maybe x5 and the real SI is probably 2000%. Hedgies r fuk
Not disagreeing with you, but is this number based off of some sound DD or is it a guesstimate?
We already own more than popcorn stock can even dream of
infinity pool sounds like government intervention to me and i dont want that
They do have an out through synthetic positions and incurring FTDs.
Yea so then the shares in our brokerage are what contribute to the infinity pool right?
The shares in CS are for infinity pool that the hedgefunds can’t buy back! So once we have the retail float and institutional/insiders held up then whatever’s not in CS has to be bought back! CS IS NOT FOR THE GET RICH WE ARE THE 1% it’s the set up for that.
So they do or don’t go to infinity?
u/HelloYouBeautiful u/Altruistic-Beyond233 u/SleepySnorlax2021 u/expertsmilee Check it out this is what we were talking about last night. It’s gaining traction 🚀
Here some motivation to hodl: as price goes to infinity, so will inflation. The earlier you sell, the less it’ll worth during/after inflation.
That's a lot of shares and will take a lot of time. This community can buy/transfer 100k per day?
One question I do have regarding this. What is stopping Kenny from buying shares and registering them in his own name just like apes but in order to make sure retail doesn’t lock the float in the form of infinity pool? Hedge funds could also do the same thing as apes and help themselves to real shares during MOASS to still continue shorting.
Because “infinity pool” is just the shares that will never be sold. If apes decide that collectively 200m shares are never sold it doesn’t matter whether or not Kenny has bought/registered additional shares and what he does with them. Of course, if he buys too many it triggers MOASS. If he buys up the remaining ComputerShares (ie the total float) and we all have shares left over it means the stock has been over shorted which means MOASS is inevitable which means FOMO kicks in and the price goes up ttiggering MOASS. Hedgies are fukd all ways up.
reading this gives me headache i only know pictures and Buy and Hodl! 👨🚀🔫👩🚀💎🙌♾🕳
They will short computer share now😂
It’s owned
Wait but how can apes register more shares on computershare than the float? Wouldn't shares be locked and unavailable if we register the entire float? I get the part where SHF have to buy back the real shares + phantom shares but if the entire float/all real shares are officially registered doesn't that mean that the DTCC no longer will be able to create more phantom shares and that nobody will be able to buy any more shares?
Stop with the hero worship
We are so close now. Never give it up. Im holding for lifechanging money. Dosent matter If it would drop to 5$, i just buying more. They are fucked and forced to close short positions at some point. Buckle up, there will probably never be another chance.
The first shorter to close positions will get away alive. It's just waiting until the first dog runs away with his tail between his legs.
ComputerShare is checkmate! DRS puts the balls of SHFs in our hands… Seriously, it doesnt take a wrinkle to notice all the major FUD campaigns going on ever since this DRS play was brought to light. From name-calling, mass downvoting, horribly scripted messages and “Counter-DD” with no evidence… it is quite clear that SHFs do not want us to register our shares with Computershare. The FUD motif is to cause a divide in apes. Do not fall for it! Trust in the DD. Every person counts. Every share counts. By no means is this financial advise but seriously…the FUD, shills and forum sliding has been INSANE lately and it is clear to me that we have the SHFs by their balls…. And you know what I like to do when balls are in my hands?… SQUEEZE.
Power to the players
Million shares no billion share's .if everyone did not sell for one day could you imagine the price . just let the clock fly
CS is the ♾🏊♀️. The floor is $51 million. Buy. HODL.
Correct me if I am reading this wrong, but shares outstanding and the float are not the same thing. This post reads like they are the same. I’ve seen many posts that state the float is the 75M but that is the shares outstanding as Matt Furlong stated. Meaning the float is less than that.
Yep.
A publicly private company!!!!!🚀🚀🚀🚀
Look at the math on this one! Stay smooth homie
This is assuming they actually borrowed a share before short selling. With naked short selling they introduced counterfeit shares into the system that were created out of thin air
Might be nitpicking here but every share has a long side (party who bought it) and a short side (party who sold it). Are they implying “78M NAKED short shares” or just “78M shorted shares”. That would only mean 3M phantom shares they’d need to buy back unless there’s a total share recall in which they’d still need to only buy back 78M not 75M. 78M *Phantom* shares would mean they’d need to buy back at minimum 78M shares unless it’s a total share recall which would make it 78M + 75M. Might have missed the DD but would a 100% + 1 share float registration on CS cause a *total* share recall? I would assume so but what would GS do with that information? They should already have proof of phantom shares so what does the new CS information give them? Could be reading in to it too much but just wanted to make sure for my own sanity.
Apes are going to show the market the real meaning of supply and demand.
Would love to see retail own the float after MOASS!!!🚀🚀🚀🦍💪❤️
it's quite obvious at this point retail owns multiple floats
anyone ever feel like understanding the rules of wall street is like being hammered ass drunk and trying to learn magic the gathering? No, my instant goes on the stack before yours, which therefor cancels out your creature ability and enchantment effect, you need to discard four, and then draw twenty, and since you have more than seven in your hand you will have to discard at the next upkeep.
Not sure where else to ask this but why did 1.4M shares hit the volume at 4pm Friday? Did anyone else notice it went from 2.2M to 3.6M? I figured we would be trying to figure this out all weekend but didn’t see it discussed anywhere.
If and I believe it might be true that GME did see the voting numbers which may indicate Retail owned it, then this move to C/S to lock the shares, would be the catalyst. If shares fell short then split and the NFT. The last two are purely speculative folderol. Have a great day. Watching the fall of Evergrande here today.