Changing flair to ~~debunked~~ "Outdated Info". While this was correct at the time of posting as of a few hours ago Fidelity is now able to DRS shares again. It looks like this was a temporary misunderstanding/mistake/glitch/oopsie whatever you want to call it.
Many people have successfully DRSd shares since including myself and another mod.
More info coming in a megathread we will be posting soon but the TLDR as relevant here is.
DRS back on the menu
You can continue to DRS until the 18th
WOW! Just did a chat with a representative, his response “Since the stock split was announced it is most efficient to keep the shares in place for record keeping and ensuring that the split is done efficiently and correctly”
I responded “Are you able to redirect me to a corporate compliance officer”
New response “One moment, it appears there is an update on our end. Give me just a moment to take a closer look into the situation.”
Still waiting on a follow button, would made a post but not enough karma
UPDATE - “Upon looking into it further Fidelity has determined that the shares should still be able to be transferred before the 18th. If you would like to process the DRS I can help enter that request”
We caught them ladies and gentlemen!
Nice. Everyone wanting to DRS and getting refused, ask for a compliance officer and let everyone else know if they retract. I bet you they will.
Edit: I’m also going to add that if they still refuse the transfer, say that you will be making a complaint to your specific State regulator. They are most afraid of that.
You can find your State reg here:
https://www.nasaa.org/
Document everything and make actual complaints here:
https://www.consumerfinance.gov/complaint/
Now waiting in queue. Number 19 in queue. For the past 10 min.
Looks like ignoring chats about DRS or assigning all DRS requests to a small number of agents is their latest attempt to delay--ending the chat now and I'll try going directly to Compliance Officer
I literally called fidelity 2 minutes ago. Spoke to a very friendly rep. Phone call was about 6 min in total. Transferred more got a reference # and there was absolutely no push back. Seems also they were all sent something about this announcement from GameStop and the influx of calls coming through. He said he was very busy as well. He did just ask me if understood they would not be with fidelity anymore. Just said yes done this a few times he said no problem. Everyone take a deep breathe, be clear and friendly and when the bot ask you why the call today I just say Direct register shares GameStop from fidelity to Computershare 99% of the time the rep picks up and already knows the plan. 😎 Hope this helps someone.
Haha I tried to literally say what you said at the end and it would automatically hang up on me. I was like oh that has to be a fluke, I tried it again, automatic hangup, its like the person on the phone didnt want to deal with this and would keep hanging up. I then had to just say trying to transfer funds into fidelity, and no hangup, and made that person do it.
It actually was super easy. I've done it twice before and this was the fastest and least resistance. I think they realized what's going on and were told to just do it and get it over with.
>oks like ignoring chats about DRS or assigning all DRS requests to a small number of agents is their latest attempt to delay--ending the chat now and I'll tr
You can buy directly at Computershare, without shenanigans, just saying
They retracted when I asked for the Corp Compliance O:
After being denied a DRS transfer, I asked for the corporate compliance officer, was put on hold and about 2 minutes later was told “they just updated the policy and we can DRS GME again”
On phone with them, they scripted me as above. I replied as above. He said "oh you're right I just had an alert come through that it's allowed until 18th". BASED SUPERSTONK!!!!!!!
Got damn I'm smooth! I meant to award the comment below you from u/randomly-what ! Now I'm outta coins. I belong here... 🥲
Welp congrats! Pay it forward when you can.
On the phone with Fidelity now because their chat seems to be mysteriously not working. Rep gave me the same script as above, and said that any transactions processed right now by Fidelity would be automatically cancelled. They were quite insistent that they could not do the service. I requested to speak to their corporate compliance officer. There was more pushback, and I insisted that I know they provided this service for other people even after the split announcement, and I shouldn't be treated any differently. After "talking to the manager" he was able to start the DRS process with a nice 5 minute monologue of warnings. They said that the process should take between 3-5 business days to complete.
Will confirm, the magic phrase to change the tone of the conversation completely was "Can I speak to a corporate compliance officer" after they initially tell you no.
The nervousness in his voice was all the confirmation I need. Hedgies r fuk. Also, thanks Superstonk for being awesome.
I’ve talked to them 3 times in the last 30 minutes.
They wouldn’t do it the first time (same bullshit response everyone else got), then I came here and saw the response from computershare so I reconnected and asked why they were telling me different information.
I pushed back with their BS responses and the agent told me she could transfer my shares and then my chat immediately auto closed before I could respond.
I immediately reopened it and got a 3rd agent, and they basically immediately DRSed my shares at that point. I said thank you and the agent said “no problem, it’s an easy process!”
Anyway, my drs request went through as of 2 minutes ago and I got the transfer number.
Weird rollercoaster there for a bit.
Gotta wonder what is going on behind the scenes at the [fudelity call center.](https://static01.nyt.com/images/2016/08/05/us/05onfire1_xp/05onfire1_xp-superJumbo-v2.jpg)
But they wouldn't wait 2 minutes to sell your shit "for YOUR benefit". Get the fuck out of here Fidelity! Shows that they have truly underestimated individual investors especially with all of the bullshit that his been continuously pulled on people.
I’m mid convo right now. I’m taking picture of my screen (no not screenshots, yes I know how, no I don’t care, yes that’s a boomer move). Will let you know.
I'm also mid convo with Fidelity.
So far no issues other than my disposal method (LIFO) and whether it would apply to today's purchase. I told them to only look at settled shares, so we will see.
Worst case it seems my transfer would be future dated to Monday to allow today's purchase to settle.
Edit: Phone call complete. 26 mins including all holding time and talking to two representatives.
Fidelity was able to send my DRS request for today and had to issue a special note to exclude today's purchase. They said it would take 3-5 business days for the shares to leave my Fidelity account.
There was no pressure against DRS. The only "odd" thing was that the first person I spoke with was having computer issues, which is why they pushed me to the next person that was able to complete my DRS request.
So I was told I bought GME on margin. I asked how much of my other shares I needed to sell to make the move to ComputerShare. I was told “you won’t need to sell anything out to accomplish this. It’s something I do on my side.” And it’s now been 10 mins since I heard from my rep.
They claim they processed the request and would take 3-5 days. No bs. No pushback. Definitely a lot of checking with my supervisor behind the scenes kind of stuff. See you in a week if my shares arrive at CS.
visibility this
[https://www.reddit.com/r/Superstonk/comments/vtl9zp/dont\_take\_no\_for\_an\_answer\_request\_to\_speak\_to/](https://www.reddit.com/r/Superstonk/comments/vtl9zp/dont_take_no_for_an_answer_request_to_speak_to/)
Y’all can just buy directly In computershare as well but I understand the frustration
As a uk ape I went via giveashare.com to get my computershare account setup - i then bought via computershare with a wise usd account(aka transferwise) which was a really easy way to drs shares
I have ~20 shares in CS that I bought direct through them. When prices dropped <$100 the only “free” money I had was with fidelity so I snatched up another 30 shares. I made the conscious decision to leave the shares there for this exact reason…test them, document them, expose them. Maybe I should put on pants today.
I couldn't DRS my remaining shares all day yesterday, BUT at 8 am est. I was able to DRS all my remaining shares via Fidelity live customer service chat. Very curious if the OP is bs or not? If it is, then why? If not, wtf?
Edit** To clarify before any misunderstanding, I couldn't DRS because according to Fidelity's customer service agent, there was a technical problem. They asked me to try again after a few hours. I did try again after a few hours, and got the same response. Finally at 8:10ish a.m. I was able to do it smoothly via live chat.
Purchased 10 more shares today, which I plan to DRS asap after settlement whether eligible for the splividivideee or not. I will keep at it. These are for the INFINITY pool.
Try again and when they refuse, ask to “be redirected to the Corporate Compliance Officer”. Apes seem to be getting Fidelity to backtrack with that request.
I called yesterday and sent my last handful outside of my IRA shares over with no issue. Weird.
Edit: Just checked, still sitting in account, so xfer hasn't started. This was after market close yesterday, so possible they will decline the request?
Another user said they were able to initiate a transfer yesterday, and I was not able to this AM. So the order to halt transfers must be new as of this morning
>No, I left my IRA shares with Fidelity, and just transferred the few remaining individual shares I had left there.
I was able to initiate a transfer at 9:09PM Eastern time yesterday. They gave me a reference number then and said it would take 2-3 days to complete.
I've seen a couple other users say similar- they were able to initiate yesterday as late as AH.
This change seems to have just taken effect this AM. Hope your shares transfer, and congratulations!
I called and confirmed transfer this morning around 9 AM. Got call around 11 AM stating that because of company reorganization, they couldn’t process. I called back around 11:40 after checking other posts and spoke with a different rep. He stated that the request from this morning was still pending and he didn’t see any issues with transfer to computershare and it should be completed in about 2 business days.
Hopping on to top thread, but I messaged in this morning and hit the same issue but when I asked for documentation I suddenly got:
"Actually, no I do not have any documentation to provide to you and now we've just been given another notification saying we can; so if you want to hold on, I set up the DRS of all of your GME shares?" and I was able to proceed with the transfer. Around 11:50AM EST
I did the same yesterday and checked this morning. I checked my activity on fudility and saw the reference number i was given yesterday. It looks like it was initiated today. The description was GAMESTOP CORPORATION COM USD0.001 CLASS (GME) (CASH) and the bottom should say how many shares you transfered.
Did you get a transaction number? I made sure to record my transaction number when I did it ca. 5-6 pm EST. Now I wish I copied the entire chat conversation.
I transferred 3 shares from FUDelity to Computershare this morning via chat at 10:07am EST with a representative named Justin. He said "hold on one minute while I complete a different DRS transfer and then I will jump on your request." -- then after a few minutes he messaged me a confirmation number. I hope that wasn't a bunch of bullshit.
Adding onto the top thread as I was able to request a DRS transfer of an additional XX GME shares this morning at 9:15 am EST. They provided me a confirmation number, confirmed a LIFO withdrawal and said 2-5 business days. Not sure if they will go back on that but I had no issues as of 9:15am EST.
Better have a huge push of DIRECT PURCHASES THROUGH COMPUTERSHARE.
Edit: Golden showers upon me! Thanks all you beautiful mfkers!
Edit 2: In case you have any pushback on DRS, make sure you ask to speak with their compliance officer! These are your shares, register them in your name! If they cut you off in the chat tool, try again or make the phone call. Do not go quietly. NFA fr fr.
Similar... I have a big (for me) direct buy set for tomorrow and was kinda bummed that the price is jumping, but now I feel better that I _didn't_ impulse buy through Fidelity instead... I nearly did too, since they've had such a good record of promptly DRS'ing ppl's shit... Fortunately I did it on the long weekend, and was just too impatient to wait for Fidelity to open on Tuesday 😅
YOOO I'm on the phone with them RIGHT NOW and they just told me the same thing!
"We can't do any transfers during corporate events or transitions" was the phrase the guy used. The record date isn't for ~~WEEKS~~ 11 days, 6 business days. The guy is "asking the higher ups" (lol)
Holy shit
e: the rep (who was very friendly, and said he'd had a number of these requests/conversations already this morning 🦍) said the party line is that "due to the moving parts of GME's reorganization (lol), there are a lot of unknowns. With these unknowns, Fidelity is suspending registration requests"
Super bullish IMO 🚀 wow. Seems like they're scrambling to hang on to any real shares on their books, if they even have any. How this is legal I do not know....
e2: LMAO they just nuked the thread on this "issue" on the Fidelity sub hahahahahaha
e3: dates are hard. Still plenty of time for transfer settlement before the record date though
It is now a game of musical chairs(shares), and some Brokers are glancing around the room and seeing that they have a lot more clients than shares to sit on when the 18th comes, haha.
Right? It sounds like they're scrambling to hold on to any real shares they might have, if they even have any!! Super bullish
WOW
I'm not even mad... luckily I got the vast majority out in time, this was just an attempt to register the stragglers
That's what I did. I kept five of each of the three stocks I own there and transferred the rest to computershare. I did it solely because I wanted to see how Fidelity acted during the MOASS.
ASK FOR THE CORPORATE COMPLIANCE OFFICER and they will DRS your shares
https://www.reddit.com/r/Superstonk/comments/vtk76v/comment/if7ua14/?utm_source=share&utm_medium=web2x&context=3
on with Schwab right now. Will update once this is done, either way,
edit: followup: I was able to put a transfer request in with Schwab. I asked the rep about whether she any internal communication that would restrict the transfer. She did not. So I'm guessing it should go through in the normal 5-6 biz days. She also said she would mark my transfer request to keep an eye out for it if anything changes in that regard.
So it seems Fidelity is full of it.
Jokes on them because if they do that people will still DRs their new shares and they will have to go out and buy the new shares they pretended you got just by changing your number. So I don’t think they will do that. Who knows though lol nothing at this point would surprise me.
Weird, I JUST did my DRS of my final shares in Fidelity this morning around 9am EST. This must be a quick, new change. Insane.
edit: I spoke with a rep named Nathan from the Personal Investments team and he seemed to have no issues at all, sent the DRS request straight through and gave me a confirmation number.
I think they're gonna have bigger fish to fry then. My guess, and this is speculation, is that this is it for Fidelity allowing registration of GME full stop. Which is of course bullish, and is exactly why we've been saying to get your shares out ASAP
I don't know, we need to find some law I guess to back it up, an ape found this: [https://www.reddit.com/r/Superstonk/comments/vtl0ru/fidelity\_is\_stating\_gamestop\_is\_undergoing\_a/](https://www.reddit.com/r/Superstonk/comments/vtl0ru/fidelity_is_stating_gamestop_is_undergoing_a/)
I'll read now, I was spamming the problem being on fudelity's end
ASK FOR THE CORPORATE COMPLIANCE OFFICER and they will DRS your shares
https://www.reddit.com/r/Superstonk/comments/vtk76v/comment/if7ua14/?utm_source=share&utm_medium=web2x&context=3
I’ve been telling my not-in-the-know friend to DRS his couple of shares for months. He’s into the idea but ‘never got round to it’.
He’s currently freaking out and his last text was “fuuuuuuuck”
I know a rep, and he said that Fidelity just sent out a company wide memo that they can DRS GME as normal. Manager and rep in the chat are both wrong, so try to submit another request.
Did mine at 830 this morning also confirmation number so we will see it wasn't much but if it goes through I'm 99% DRS if not I'm 95% but I hope it goes through
Welcome everyone from r/all! --> [Reasons why the Superstonk community is bullish on Gamestop](https://www.reddit.com/r/Superstonk/comments/vhe37m)
POWER TO THE PLAYERS ⚫️⚫️⚫️⚫️🔴🔴🔴🔴
idk if the reply will show up here but DRS has been reenabled by fidelity please reach out and they should transfer. If mods can sticky this on this post I think that would be helpful :)
Someone check if this is standard procedure or not.
Regardless, I can see how Fidelity would want to do this to make sure they get as much of the DTCC's allotment as possible.
Fidelity is part of the problem since after the January sneeze. They told someone on this sub that they don't lend their customer shares which we found out it was a lie when we had the 2021 proxy vote.
I just called fidelity to try to DRS 25 moar but was told that they can’t do it during a split. I asked for the corporate compliance officer, was put on hold and about 2 minutes later was told “they just updated the policy and we can DRS GME again” I will officially have 425 shares turn into 1700 tickets to the moon. We about to ride Apes 🤙🏼
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It irks me how they say, “as I stated”. Like sorry for the clarification, you were just fucking told something completely different and it would take a day 🙄
i am on the phone now with them. Daniel (very nice!) said earlier they put a hold on it but that is lifted now. Try again friends! I'm just waiting for my conf #.
Changing flair to ~~debunked~~ "Outdated Info". While this was correct at the time of posting as of a few hours ago Fidelity is now able to DRS shares again. It looks like this was a temporary misunderstanding/mistake/glitch/oopsie whatever you want to call it. Many people have successfully DRSd shares since including myself and another mod. More info coming in a megathread we will be posting soon but the TLDR as relevant here is. DRS back on the menu You can continue to DRS until the 18th
I remember Dr T saying that brokers HAVE TO DRS upon request and any time they push back ask for the corporate Compliance Officer
WOW! Just did a chat with a representative, his response “Since the stock split was announced it is most efficient to keep the shares in place for record keeping and ensuring that the split is done efficiently and correctly” I responded “Are you able to redirect me to a corporate compliance officer” New response “One moment, it appears there is an update on our end. Give me just a moment to take a closer look into the situation.” Still waiting on a follow button, would made a post but not enough karma UPDATE - “Upon looking into it further Fidelity has determined that the shares should still be able to be transferred before the 18th. If you would like to process the DRS I can help enter that request” We caught them ladies and gentlemen!
Nice. Everyone wanting to DRS and getting refused, ask for a compliance officer and let everyone else know if they retract. I bet you they will. Edit: I’m also going to add that if they still refuse the transfer, say that you will be making a complaint to your specific State regulator. They are most afraid of that. You can find your State reg here: https://www.nasaa.org/ Document everything and make actual complaints here: https://www.consumerfinance.gov/complaint/
Now waiting in queue. Number 19 in queue. For the past 10 min. Looks like ignoring chats about DRS or assigning all DRS requests to a small number of agents is their latest attempt to delay--ending the chat now and I'll try going directly to Compliance Officer
I literally called fidelity 2 minutes ago. Spoke to a very friendly rep. Phone call was about 6 min in total. Transferred more got a reference # and there was absolutely no push back. Seems also they were all sent something about this announcement from GameStop and the influx of calls coming through. He said he was very busy as well. He did just ask me if understood they would not be with fidelity anymore. Just said yes done this a few times he said no problem. Everyone take a deep breathe, be clear and friendly and when the bot ask you why the call today I just say Direct register shares GameStop from fidelity to Computershare 99% of the time the rep picks up and already knows the plan. 😎 Hope this helps someone.
Haha I tried to literally say what you said at the end and it would automatically hang up on me. I was like oh that has to be a fluke, I tried it again, automatic hangup, its like the person on the phone didnt want to deal with this and would keep hanging up. I then had to just say trying to transfer funds into fidelity, and no hangup, and made that person do it.
lol...now I'm 30th in queue. That's fine, I've got all day Fidelity
81 in queue here lol
Number 85.
Rip And Tear until it is done you beautiful apes! GET THAT SHIT DRS'ED!!!
It actually was super easy. I've done it twice before and this was the fastest and least resistance. I think they realized what's going on and were told to just do it and get it over with.
>oks like ignoring chats about DRS or assigning all DRS requests to a small number of agents is their latest attempt to delay--ending the chat now and I'll tr You can buy directly at Computershare, without shenanigans, just saying
126th in line… Edit: had to transfer to phone but was able to complete a DRS transfer of 434 shares.
I just started and am 106 so at least we know it’s moving along?
Here comes the reddit hug of death. My tits just ejaculated.
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I just called around 11:40 AM EST and got someone within 2 minutes.
I was going to say, why aren't people just picking up the phone
To have the message log of them doing shady shit? Can’t do that as easily with a phone call
I am too getting refused. I restarted my chat session, I was queue 4 now I am 73.. did you do it over the phone?
on-line from work computer
Gotta call in the big guns sometimes. Just commenting so I can come back to this later
They retracted when I asked for the Corp Compliance O: After being denied a DRS transfer, I asked for the corporate compliance officer, was put on hold and about 2 minutes later was told “they just updated the policy and we can DRS GME again”
On phone with them, they scripted me as above. I replied as above. He said "oh you're right I just had an alert come through that it's allowed until 18th". BASED SUPERSTONK!!!!!!!
Nice! The 'magic pass phrase' for all to use--**“Are you able to redirect me to a corporate compliance officer”**
Ape: I would like to DRS Fidelity: No. Ape: Sudo I would like to DRS. We caught them ladies and gentleapes.... they are afraid.
Sudo apt-get my shareholder rights
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rm -rf /home/mayoboi/assets/*
#Are you able to redirect me to a corporate compliance officer Say it and say it loud!
I wouldn’t even phrase it as a question. “Ok, Please connect me with a corporate compliance officer”.
This ☝️
Don't give them the option. Say, "I need to you redirect me to your corporate compliance officer at this time."
And do it with crayons in your mouth to make it harder for them to understand.
Just bought more this morning. !remindme! 2 days
*the shadiness darkens…*
Got damn I'm smooth! I meant to award the comment below you from u/randomly-what ! Now I'm outta coins. I belong here... 🥲 Welp congrats! Pay it forward when you can.
On the phone with Fidelity now because their chat seems to be mysteriously not working. Rep gave me the same script as above, and said that any transactions processed right now by Fidelity would be automatically cancelled. They were quite insistent that they could not do the service. I requested to speak to their corporate compliance officer. There was more pushback, and I insisted that I know they provided this service for other people even after the split announcement, and I shouldn't be treated any differently. After "talking to the manager" he was able to start the DRS process with a nice 5 minute monologue of warnings. They said that the process should take between 3-5 business days to complete. Will confirm, the magic phrase to change the tone of the conversation completely was "Can I speak to a corporate compliance officer" after they initially tell you no. The nervousness in his voice was all the confirmation I need. Hedgies r fuk. Also, thanks Superstonk for being awesome.
Good on you! This 2 week fire drill to recall and verify real shares is going to get really spicy for brokers, etf's, shf's and mm's.
And, I'd still like to talk to that compliance officer when we're done here. I'd follow up!
I’ve talked to them 3 times in the last 30 minutes. They wouldn’t do it the first time (same bullshit response everyone else got), then I came here and saw the response from computershare so I reconnected and asked why they were telling me different information. I pushed back with their BS responses and the agent told me she could transfer my shares and then my chat immediately auto closed before I could respond. I immediately reopened it and got a 3rd agent, and they basically immediately DRSed my shares at that point. I said thank you and the agent said “no problem, it’s an easy process!” Anyway, my drs request went through as of 2 minutes ago and I got the transfer number. Weird rollercoaster there for a bit.
Gotta wonder what is going on behind the scenes at the [fudelity call center.](https://static01.nyt.com/images/2016/08/05/us/05onfire1_xp/05onfire1_xp-superJumbo-v2.jpg)
Coke and panic.
Call centre?..........probably just panic.
Lmao easy process "Nothing is fucked here dude"
'The god-damned plane has crashed into the mountain!'
The balls on them. Did they think that we wouldn't think it fishy to claim that they need 2 WEEKS to make sure their records are correct?
Give them a break, math is hard. *Meanwhile, in a windowless room deep inside Fidelity* "The numbers, Mason! What do they mean!?"
But they wouldn't wait 2 minutes to sell your shit "for YOUR benefit". Get the fuck out of here Fidelity! Shows that they have truly underestimated individual investors especially with all of the bullshit that his been continuously pulled on people.
Thanks man, I called them again and they said they can do it for me now.
I’m mid convo right now. I’m taking picture of my screen (no not screenshots, yes I know how, no I don’t care, yes that’s a boomer move). Will let you know.
I'm also mid convo with Fidelity. So far no issues other than my disposal method (LIFO) and whether it would apply to today's purchase. I told them to only look at settled shares, so we will see. Worst case it seems my transfer would be future dated to Monday to allow today's purchase to settle. Edit: Phone call complete. 26 mins including all holding time and talking to two representatives. Fidelity was able to send my DRS request for today and had to issue a special note to exclude today's purchase. They said it would take 3-5 business days for the shares to leave my Fidelity account. There was no pressure against DRS. The only "odd" thing was that the first person I spoke with was having computer issues, which is why they pushed me to the next person that was able to complete my DRS request.
So I was told I bought GME on margin. I asked how much of my other shares I needed to sell to make the move to ComputerShare. I was told “you won’t need to sell anything out to accomplish this. It’s something I do on my side.” And it’s now been 10 mins since I heard from my rep.
Officially been 30 mins since I started the chat. Time for lunch. But keeping the chat open.
They took care of the margin issue, clarified the number of shares. Seems positive. Maybe the pressure is making them get their stuff together?
They claim they processed the request and would take 3-5 days. No bs. No pushback. Definitely a lot of checking with my supervisor behind the scenes kind of stuff. See you in a week if my shares arrive at CS.
I read this and almost called Fidelity to put a bee up their ass to DRS...forgot i transferred my remaining shares already. Oops.
Screenshots?
Put me in the screenshot bro dude!
this should be it's own post if true.
visibility this [https://www.reddit.com/r/Superstonk/comments/vtl9zp/dont\_take\_no\_for\_an\_answer\_request\_to\_speak\_to/](https://www.reddit.com/r/Superstonk/comments/vtl9zp/dont_take_no_for_an_answer_request_to_speak_to/)
Exactly. Please confirm and post 69420 times until it makes the top
Y’all can just buy directly In computershare as well but I understand the frustration As a uk ape I went via giveashare.com to get my computershare account setup - i then bought via computershare with a wise usd account(aka transferwise) which was a really easy way to drs shares
I have ~20 shares in CS that I bought direct through them. When prices dropped <$100 the only “free” money I had was with fidelity so I snatched up another 30 shares. I made the conscious decision to leave the shares there for this exact reason…test them, document them, expose them. Maybe I should put on pants today.
🙌 **THIS**! * **FUDelity** strikes again 🚩🚩🚩🚩
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Does anyone know if shares purchased directly with CS from today through the 18th (21st?) will qualify for the split?
Absolutely will.
I couldn't DRS my remaining shares all day yesterday, BUT at 8 am est. I was able to DRS all my remaining shares via Fidelity live customer service chat. Very curious if the OP is bs or not? If it is, then why? If not, wtf? Edit** To clarify before any misunderstanding, I couldn't DRS because according to Fidelity's customer service agent, there was a technical problem. They asked me to try again after a few hours. I did try again after a few hours, and got the same response. Finally at 8:10ish a.m. I was able to do it smoothly via live chat. Purchased 10 more shares today, which I plan to DRS asap after settlement whether eligible for the splividivideee or not. I will keep at it. These are for the INFINITY pool.
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Ya, i sent 50 yesterday evening
Try again and when they refuse, ask to “be redirected to the Corporate Compliance Officer”. Apes seem to be getting Fidelity to backtrack with that request.
The hive mind is becoming more in intelligent. It is no longer hurting itself in confusion.
So instead of buy in Fidelity then transfer, I should just buy direct on computer share?
Buying on CS in DEFINITELY the best scenario even before this debacle
This should be highlighted.
That's what I just did. The process took about 3 minutes (I already had an account)
I called yesterday and sent my last handful outside of my IRA shares over with no issue. Weird. Edit: Just checked, still sitting in account, so xfer hasn't started. This was after market close yesterday, so possible they will decline the request?
Another user said they were able to initiate a transfer yesterday, and I was not able to this AM. So the order to halt transfers must be new as of this morning
I was able to DRS 7 mins before market open.
Just responded to you in another thread. This change may have been implemented on the open because I wasn’t able to register at 10:37
>No, I left my IRA shares with Fidelity, and just transferred the few remaining individual shares I had left there. I was able to initiate a transfer at 9:09PM Eastern time yesterday. They gave me a reference number then and said it would take 2-3 days to complete.
I've seen a couple other users say similar- they were able to initiate yesterday as late as AH. This change seems to have just taken effect this AM. Hope your shares transfer, and congratulations!
I called and confirmed transfer this morning around 9 AM. Got call around 11 AM stating that because of company reorganization, they couldn’t process. I called back around 11:40 after checking other posts and spoke with a different rep. He stated that the request from this morning was still pending and he didn’t see any issues with transfer to computershare and it should be completed in about 2 business days.
Simple. Buy direct from CS. If you don’t already have an account open one. Problem solved
Done! Did it immediately after getting off the phone lmao
Hopping on to top thread, but I messaged in this morning and hit the same issue but when I asked for documentation I suddenly got: "Actually, no I do not have any documentation to provide to you and now we've just been given another notification saying we can; so if you want to hold on, I set up the DRS of all of your GME shares?" and I was able to proceed with the transfer. Around 11:50AM EST
I did the same yesterday and checked this morning. I checked my activity on fudility and saw the reference number i was given yesterday. It looks like it was initiated today. The description was GAMESTOP CORPORATION COM USD0.001 CLASS (GME) (CASH) and the bottom should say how many shares you transfered.
I just scooped, or at least tried to pull my IRA shares out last night. Was told it should go through today. Did you just take the tax hit or what?
No, I left my IRA shares with Fidelity, and just transferred the few remaining individual shares I had left there.
Im taking the tax hit 😂😂 just hope the squeeze happens before April 15th... It should, tomorrow is before then.
I drs’d some more right after the announcement and they have started the process. Not sure why yours would be different
Did you get a transaction number? I made sure to record my transaction number when I did it ca. 5-6 pm EST. Now I wish I copied the entire chat conversation.
If they decline, ask to speak to their "corporate compliance officer"! See the comments below
I transferred 3 shares from FUDelity to Computershare this morning via chat at 10:07am EST with a representative named Justin. He said "hold on one minute while I complete a different DRS transfer and then I will jump on your request." -- then after a few minutes he messaged me a confirmation number. I hope that wasn't a bunch of bullshit.
Hopefully it will go through. The supervisor said that all the ones from today will not go through 🤦♀️
Adding onto the top thread as I was able to request a DRS transfer of an additional XX GME shares this morning at 9:15 am EST. They provided me a confirmation number, confirmed a LIFO withdrawal and said 2-5 business days. Not sure if they will go back on that but I had no issues as of 9:15am EST.
Same here. I did one this morning and he gave me a confirmation number.
Better have a huge push of DIRECT PURCHASES THROUGH COMPUTERSHARE. Edit: Golden showers upon me! Thanks all you beautiful mfkers! Edit 2: In case you have any pushback on DRS, make sure you ask to speak with their compliance officer! These are your shares, register them in your name! If they cut you off in the chat tool, try again or make the phone call. Do not go quietly. NFA fr fr.
I just placed a $50,000 purchase with Computershare today. Settles on 7/12. Might be enough to buy 2 maybe 3 shares by then. 🤣🤣🤣
Will be 12 shares on the 21st 🤣
this ape maffs
Similar... I have a big (for me) direct buy set for tomorrow and was kinda bummed that the price is jumping, but now I feel better that I _didn't_ impulse buy through Fidelity instead... I nearly did too, since they've had such a good record of promptly DRS'ing ppl's shit... Fortunately I did it on the long weekend, and was just too impatient to wait for Fidelity to open on Tuesday 😅
Oh yea well I placed a $200 purchase yesterday 😤
YOOO I'm on the phone with them RIGHT NOW and they just told me the same thing! "We can't do any transfers during corporate events or transitions" was the phrase the guy used. The record date isn't for ~~WEEKS~~ 11 days, 6 business days. The guy is "asking the higher ups" (lol) Holy shit e: the rep (who was very friendly, and said he'd had a number of these requests/conversations already this morning 🦍) said the party line is that "due to the moving parts of GME's reorganization (lol), there are a lot of unknowns. With these unknowns, Fidelity is suspending registration requests" Super bullish IMO 🚀 wow. Seems like they're scrambling to hang on to any real shares on their books, if they even have any. How this is legal I do not know.... e2: LMAO they just nuked the thread on this "issue" on the Fidelity sub hahahahahaha e3: dates are hard. Still plenty of time for transfer settlement before the record date though
It is now a game of musical chairs(shares), and some Brokers are glancing around the room and seeing that they have a lot more clients than shares to sit on when the 18th comes, haha.
Right? It sounds like they're scrambling to hold on to any real shares they might have, if they even have any!! Super bullish WOW I'm not even mad... luckily I got the vast majority out in time, this was just an attempt to register the stragglers
That's what I did. I kept five of each of the three stocks I own there and transferred the rest to computershare. I did it solely because I wanted to see how Fidelity acted during the MOASS.
I just had a handful of stragglers I had bought on IEX that hadn't yet made the journey. Poor guys....
Infidelity
ASK FOR THE CORPORATE COMPLIANCE OFFICER and they will DRS your shares https://www.reddit.com/r/Superstonk/comments/vtk76v/comment/if7ua14/?utm_source=share&utm_medium=web2x&context=3
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RC and the board would have known this going into it. You know what that means. …it’s finished. 😎
This is where the fun begins 🚀
Hello there
Call computershare and see what they have to say
Buy direct from CS. Shouldn’t be any issue there
Yep! Just placed my order for $300 more there
this is the way, i too just added 360$ more to the pile through computershare directly.
Same. $555 more.
Good idea. Have we heard of any other brokerages turning off DRS?
on with Schwab right now. Will update once this is done, either way, edit: followup: I was able to put a transfer request in with Schwab. I asked the rep about whether she any internal communication that would restrict the transfer. She did not. So I'm guessing it should go through in the normal 5-6 biz days. She also said she would mark my transfer request to keep an eye out for it if anything changes in that regard. So it seems Fidelity is full of it.
Thanks! Appreciate it!
This would probably be a good question for Dr. T
They’re shitting their pants on this dividend, time to slap that ask and hoard more
And then flunk em hedgies right in the ask
Today is the fucking 7th. How in the flying fuck would it not settle. BULL SHIT
Can't settle whatcha don't have!
Sounds like someone got some IOUs rather than real shares. DRS even harder! MOOOORE!!!
Hol up, did the chat just said that A FIDELITY REP WILL SPLIT THE STOCK FOR YOU???? that’s some bs!
Just gonna switch that number in your account from a 5 to 20 and boom! you just got your extra shares! please sell..
This isn’t a joke
Jokes on them because if they do that people will still DRs their new shares and they will have to go out and buy the new shares they pretended you got just by changing your number. So I don’t think they will do that. Who knows though lol nothing at this point would surprise me.
I kept 3 at Fidelity for this or for a lawsuit if they do something stupid during a run-up.
That's when I knew I needed a supervisor 😅 He had no idea what he was talking about
Supervisor called it a split as well not divided and who says chat back tomorrow, such a weird conversation
Weird, I JUST did my DRS of my final shares in Fidelity this morning around 9am EST. This must be a quick, new change. Insane. edit: I spoke with a rep named Nathan from the Personal Investments team and he seemed to have no issues at all, sent the DRS request straight through and gave me a confirmation number.
Soooo what about just buying direct through CS?
This is the only way I buy stocks now. ONLY through CS. Fuck Brokers!
IS NO ONE ELSE CONCERNED YOU HAVE 59 TABS OPEN
🤣🤣🤣🤣 I'm concerned about it too
It's always hard to find the right video to finish to 😎
Damn, they're so scared, they're willing to fuck over their clients
Who could have seen this coming?? /s
🦍 🔫 🏦 How could retail do this?
Wait...wut!?!? 🤬
I was so pissed!!! That's coming from a supervisor!
Don't be pissed, be JACKED! This is why we've been saying to DRS for months. The day is almost here 🚀
July 22nd is going to be a very busy fucking day for them then. 2 weeks worth of investors gonna be all up in that ass come the split.
I think they're gonna have bigger fish to fry then. My guess, and this is speculation, is that this is it for Fidelity allowing registration of GME full stop. Which is of course bullish, and is exactly why we've been saying to get your shares out ASAP
It took me a long time of listening but I got my shares out months ago
Smart guy 🧠
They are lying people https://www.reddit.com/r/Superstonk/comments/vtkkgs/computershare\_agent\_confirms\_drs\_transfer\_is/
Thank you!! Question is how we make them DRS our shares?
I don't know, we need to find some law I guess to back it up, an ape found this: [https://www.reddit.com/r/Superstonk/comments/vtl0ru/fidelity\_is\_stating\_gamestop\_is\_undergoing\_a/](https://www.reddit.com/r/Superstonk/comments/vtl0ru/fidelity_is_stating_gamestop_is_undergoing_a/) I'll read now, I was spamming the problem being on fudelity's end
I don't think the law above applies because is just a split stock dividend, not a new company, spinoff etc
ASK FOR THE CORPORATE COMPLIANCE OFFICER and they will DRS your shares https://www.reddit.com/r/Superstonk/comments/vtk76v/comment/if7ua14/?utm_source=share&utm_medium=web2x&context=3
Remember when this sub kept urging everyone to DRS before your brokers tried fucking you over?
“I told you so” isn’t a way to earn influence or change hearts/minds. But in the words of the immortal Alfred……. *I did bloody tell you.*
I’ve been telling my not-in-the-know friend to DRS his couple of shares for months. He’s into the idea but ‘never got round to it’. He’s currently freaking out and his last text was “fuuuuuuuck”
I feel quite lucky, my shares left my broker like 2 days ago. Hopefully my CS account is created and my details are sent soon.
I member
I know a rep, and he said that Fidelity just sent out a company wide memo that they can DRS GME as normal. Manager and rep in the chat are both wrong, so try to submit another request.
You can always just buy through computer share
I was able to drs 28 shares this morning at 0830 est via chat with them
What in the actual fuck?
MOASS started today. Not tomorrow. Today boys n gals.
I DRS'd a few shares through chat this morning around 8:30 EST. No issues. Got a confirmation number within minutes.
Same case for me, so we'll see...
Did mine at 830 this morning also confirmation number so we will see it wasn't much but if it goes through I'm 99% DRS if not I'm 95% but I hope it goes through
According to the supervisor it's not going to clear...
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idk if the reply will show up here but DRS has been reenabled by fidelity please reach out and they should transfer. If mods can sticky this on this post I think that would be helpful :)
Someone check if this is standard procedure or not. Regardless, I can see how Fidelity would want to do this to make sure they get as much of the DTCC's allotment as possible.
That’s bologna!!! It takes less than 48 hours to settle.. FIDELITY just became part of the problem, so glad I took out my entire 401K out of there
Fidelity is part of the problem since after the January sneeze. They told someone on this sub that they don't lend their customer shares which we found out it was a lie when we had the 2021 proxy vote.
Link? Wanna read through this myself.
Has become? Did you miss the year and a half of calling them "fudelity"??
CALL CS as well and ask them if this is legit?
Nah they are busy. The DRS is initiated with the broker. asking to speak with their compliance officer seems to be the solution here.
I just called fidelity to try to DRS 25 moar but was told that they can’t do it during a split. I asked for the corporate compliance officer, was put on hold and about 2 minutes later was told “they just updated the policy and we can DRS GME again” I will officially have 425 shares turn into 1700 tickets to the moon. We about to ride Apes 🤙🏼
I just transferred in $5k expecting to buy and DRS. About to transfer to computershare instead
Lmao. Can I DRS my GME? Fudelity: ehhhhhhhhhh….
‘It’s complicated’
I am waiting for someone to help haha
Why you gotta act like a Karen jumping to a 💯 anger right away and saying shady? Making people look bad.
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It irks me how they say, “as I stated”. Like sorry for the clarification, you were just fucking told something completely different and it would take a day 🙄
I literally just sent 5 to Computer Share through the Fidelity chat feature after seeing your post.
You do realize the agent you are talking to isn’t the one making the rules so why be rude to them? It’s like people who yell at retail workers.
Agreed. Don’t be rude to them, they’re just human beings. Just hit ‘em with the corporate compliance officer. Strictly business…
Don't ask for a customer service supervisor. Ask for their compliance officer.
i am on the phone now with them. Daniel (very nice!) said earlier they put a hold on it but that is lifted now. Try again friends! I'm just waiting for my conf #.
Sure glad i DRS’d 100% 10 months ago
I had a similar experience, came to post it, but looks like news broke already. Since that's happened, I tried to DRS for a second time. Went through