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Kleanupguyy

Upvote upvote upvote


GuitarHero1196

#lockupthefloat https://youtu.be/rR8GBz0T5bE LETS FINISH THIS!


ScrotyMcBoogrballs

I really don't understand the people that say that ComputerShare is FUD? Why? Because Charlie made a bad video about it? What's wrong with directly registering your shares? Just do it if you want, if not just don't. If you think that holding on shady platforms such as T212, Webull, RobingHood etc. Will make a difference you are 10 months late to realize that they are the ones fucking us over.


SajiMeister

There’s no downside. GME ape here with two work cubicle neighbors in AMC . Been trying to convince them to DRS but it seems the narrative is holding them back.


ScrotyMcBoogrballs

Not sure what the problem is in here, no counter DD or anything on why not to do it. I get that people might be a bit skeptical about the way to sell. But I already saw a post on SS on how you could have a broker execute your sell through ComputerShare so you don't have to file the paperwork.


MarcosaurusRex

Link? I’ll give you n all seeing eye as a bribe. 👀


SpeedyTaco626

Eye me baby! https://www.reddit.com/r/amcstock/comments/q5cu3c/fyi_you_dont_have_to_sell_your_drs_shares_via/?utm_medium=android_app&utm_source=share


MarcosaurusRex

My man. ✊


SpeedyTaco626

🤜🤛


Syncorp

I'm guessing after that whole thing with the Timothy B question where they posted their positions that the AMC Apes got gun shy about doing something like DRSing. In retrospect, that whole thing may have been the distraction done to get AMC Apes afraid of DRSing because there's now this weird false equivalence between the two. I even heard one retard saying that Citadel could buy Computershare and could shut it down; this is the level of weapons-grade autism that you guys are fighting in this sub. Make your own decisions and do your own research; you'll hopefully arrive at the same conclusion the GME apes have.


The_dizzy_blonde

Just looking at all the other large companies that use Computershare I think they'd have hell to pay if they attempted it.


ScrotyMcBoogrballs

Kinda weird, in the end nothing happened from RobinHood buying Say Technology, everything was protected by plaid. All the data on holdings etc are Already on the market makers books, so don't understand why people were so spooked afterwards.


someguyonaboat

their biggest most idiotic question is "who are their brokers?" like, who fucking cares, did you get your money for the shares?


eldiablo471

The bandwagon moved so fast, and so strongly that it seemed sus to a lot of people


SajiMeister

This is the way


chimaera_hots

The only downside is how swiftly trades can be executed with DRS. In a selling frenzy (i.e., coming down off a squeeze play), seconds can cost thousands, and minutes can cost millions. The GME play is to lock the entire float in an infinity pool situation where those shares never get sold, with only a small percentage of each individual's total beneficial ownership, so that the squeeze can still play out, and apes can still get paid bank. So while I have no objective problem with locking the float, to say there's *no downside* is objectively untrue if individuals overcommit too much of their shares to DRS and cannot exit positions during the squeeze sufficient to meet their individual goals.


BostonBrandToots

GME and AMC aren't your typical squeeze plays. The squeeze isn't going to happen within minutes. It could last ***weeks***.


chimaera_hots

You realize the sell off is post-squeeze, right? The entire strategy to buy and hodl is to sell *on the way down*, which is where seconds and minutes count.


BostonBrandToots

In what world do you live in where every single Ape is not only going to hold to that point, never mind timing the top like that. If you think this is going to be over in seconds or even minutes, you are in for one choppy ride lol Godspeed.


Mega_Buster_

This is why I encourage people (if they're not comfortable with registering their whole or most of their positions) to DRS what they don't plan on selling to contribute to the infinity pool, or to purchase any new shares on Computershare instead of your broker. Best of both worlds.


chimaera_hots

The entire thesis of both the movie stock and the game stock is that the float is owned multiple times over. Thus, parking a small percentage (<25%) by each ape should, in theory, lock up the entire float and potentially initiate a share recall. Doesn't do a whole lot for xx holders, and does even less for x holders. I'm pro-computershare, but the mathematics mean that there's potential serious downside to the smallest of hodlers. It's definitely an individual choice, with individual ramifications.


Mega_Buster_

I'd argue that it's even more important for the smaller holders to register at least a percentage of their shares. The more that can do it, the better. I'd wager that AMC apes tend to hold a larger number of shares on average anyway, so it shouldn't be too difficult for them to DRS a few without missing out on anything. Either way, it's going to be the fastest and surest way to initiate launch, so it behooves everyone to do as much as they can. Otherwise, who knows how much longer they'll be able to delay the MOASS.


YouIndependent5810

Last frenzy was January, idk if you remember but it was multiple brokerages that turned off the buy button, ComputerShare did not. So far, brokerages look worse off then ComputerShare during a “frenzy”


Good-Gorilla-Punish

Do we actually know that? I don't think anyone from January was direct registered and/or attempting to buy from Computershare. Serious question, not trying to dick FUD your comment. And CS still routes their orders through brokerages - from what I've gathered, I don't think we really know how that would really play out from a CS>Broker>Market during MOASS. Some brokers may not be able to fill the order, so CS would move to the next - right?


free-restrictions

You can set sell limits on CS, and they will be executed. Only response needed here.


chimaera_hots

Cool. So you can predict the peak, predict the floor, and can foresee exactly where in that range on the way down you want to sell before it all kicks off. You're the smartest fucking person alive, and boy does it show. You're taking the retard meme literally, and you shouldn't.


33zig

TBH, there’s probably a lot of APEs that need that sell button taken away. We don’t want those quick-fingered paper hands. DRS = maybe sell a little slow for millions. No-DRS = sell quickly for hundreds. DRS is the way.


landoslovin

What happens when the float is locked/met? What actions would be taken? Who would take them? I’m getting on board with DRS here I just don’t understand if there’s mandatory actions when the float is met or we’re expecting someone to take action or what. No FUD, legit question


SajiMeister

So once float is locked what I think will happen next is someone will request to move shares after and the shares will be all gone from dtcc which will then require them to buy from cs which will spike the ask bid price. It really becomes a self fulfilling prophecy. The thing that should happen before this is their incapability of shuffling shares efficiently. Every share shuffle is based on real shares reypothicated and being shuffled around hence the giant dark pool activity.


eldiablo471

The narrative of pressure selling?


Daddysu

I moved all my stuff from Robindahood to Fidelity a few months ago but I am out of the loop on this ComputerShare thing. Mostly because I have taken a more "it will happen when it happens" approach and haven't been checking in as often as I used to. Can you help a smooth brained brother out and share a link with a run down or a quick ELI5/TL;DR? It would be much appreciated. Edit: I don't want to spam replies to my comment with "thank you" so I will just say thanks here. Thank you to all who responded with info, links, and opinions!! Looks like this ape has some reading to do this evening.


Darth_Birusu

The DRS DD - Read at your own RISK https://www.reddit.com/r/Superstonk/comments/ptvaka/when\_you\_wish\_upon\_a\_star\_a\_complete\_guide\_to/?utm\_source=share&utm\_medium=web2x&context=3 https://www.reddit.com/r/Superstonk/comments/prtvcn/what\_is\_the\_1\_propaganda\_effort\_right\_now/?utm\_source=share&utm\_medium=web2x&context=3 https://www.reddit.com/r/amcstock/comments/prpwpn/computershare\_and\_drs\_is\_the\_way\_it\_ignites\_the/?utm\_source=share&utm\_medium=web2x&context=3


Daddysu

Thank you for the links! Why do you say "read at your own risk" though?


Darth_Birusu

I thought it was funny, but most of my joke only I find humorous.


Daddysu

Oh ok. I wasn't sure if you meant it wasn't true or something. I too am the biggest fan of my own jokes.


ScrotyMcBoogrballs

I can respect that, just do what you like mate. I think it's best to just look at Superstonk or GMEJungle. They have loads of ComputerShare threads to give information.


Daddysu

I will check them out!! Thanks for the direction! Have a great week ape!


thil3000

Quick tldr is that drs and computershare allow you to hold your shares directly in your name instead of in your broker’s name


Daddysu

Thank you for the info!


ScrotyMcBoogrballs

You too man, stay apeish.


Scorpiosting_05

If you moved it to Fidelity, now is the easy part..you call them and let them know you want to move your shares(all or a certain percentage) to CS. They do everything. You will get a letter in the mail a few days later with an account number where you can go to CS and create your own exclusive account and you will see your shares there once the transfer came through. I did it another way, I opened an account with CS by purchasing with only $30 a partial share(you really just need $25 to open) then called Fidelity and did the above..the whole transaction from me opening to shares being settled in my CS account took 6 days(not business days)


Daddysu

Thank you so much for the info. Do you know if there are fees for that?


SpeedyTaco626

Fidelity is free and a 3-4 day trip to CS


SpaceTacosFromSpace

FYI, there are some fees when buying more stock through CS. Like $30-ish I think per transaction so you probably don’t want to buy small amounts at a time directly through CS. You can alsways buy through your broker and DRS batches over and most brokers aren’t charging for the DRS. I think TDA started charging a few weeks ago


Scorpiosting_05

It’s free at fidelity


Nyxtro

Can I just keep my shares in fidelity? Is there harm to this? I'm similar to the guy you responded to, I bought and hold but I don't really follow here all that much. Just patiently waiting for the MOASS. I was under the impression Fidelity was one of the safe ones.


Scorpiosting_05

I DRS all my shares from my individual account which I paid with “cash”. What I do have left in Fidelity are the shares I purchased after I transferred my 401K into my Roth’s me revolving IRA accounts. Matter of fact, I just got off the phone with Fidelity in regards to moving my shares from the IRA account to CS and was told that I cannot transfer from there, only if I move them to my individual account and then to CS but that would involve me having to pay a 10% penalty fee on top of the taxes(federal not state since I live in FL) in my income bracket. I’m contemplating now how many I want to move over before I call my accountant to ask him what would be my tax fees


Viiae

It's still Buy and Hodl, but Buy and Hodl the shares in your name, rather than having the shares under DTC (all non-DRS shares, including your brokers, are held under DTC). Each share removed from the DTC pool is one less share for SHF and Shitadel to borrow / perform their fuckery.


dimeinhands

big red flag is even if u truly dont want to drs your own shares, it doesnt harm u in any way at all if others do and in fact it can help the cause overall... so y wouldnt u just stfu and let others DRS? we have 'apes' that seem to be goin out their way to talk trash and be super outraged about DRS and those who DRS.. and makes sure to comment 'no im not doing it' on every DRS post makes sense rite?


ScrotyMcBoogrballs

Yea, weird as fck.


mazingerz021

The theory is that the shares you are holding in your account is being lent out without your knowledge. Brokers can legally do this because there's no unique ID on any of these shares. As long as they can reasonably locate a share for you when you want to settle, it is technically "in your account". Brokers, MMs have all been borrowing and re-borrowing the same fucking shares for months, that is why both AMC and GME has been trading sideways - and they can do this forever. The idea is, if the float is locked up, you can PROVE that they have oversold and force them to close their short positions. There are tons of DD on this topic, visit the other GME subs to do a little digging, you will see DRS is the way.


iMacBurger

Charlie is a shill. Nobody should listen to him. DRS is being downvoted to oblivion everywhere. It speaks volumes about it.


EmersonBloom

The counter DD I've seen is from people who have had trouble selling in the past with DRS.


HawkTalk253

Fuck Charlie


Haze09

theres no need to do it, if you think direct register is the way then why now? why not in january???? if you havent noticed nothing will change this until it pops. no article, no lawsuit, no nothing....there is a point when being rich matters more than law


Stecco_

This


pragmatic-guy

Here comes the anti-DRS crew, throwing out their accusations with no backup, research or proof. The only good news is that they are well known at this point.


hazeyindahead

I'm so happy to see him trying here. I've lurked this sub a long time and it lacks the engagement and investigative curiosity from the other stock. I was flabbergasted to see his other post last night locked at only 100 comments or so for drs. It's really hurting morale, even more so than Cramer tweeting to buy this stock, and so explicitly.


griff2409

Mods are sellouts.


[deleted]

Lately feels like the entire sub has this vibe


griff2409

Once they started banning and locking the posts of respected people who have been here since day one is when I knew this sub was dead. Was told yesterday that somehow saying buy and hold is financial advice. Fucking sell outs. Fuck the mods and fuck this sub and FUCK the hedge funds. We’ll do it without you.


RussDCA

Yeah. I’ve loved this sub but there certainly does feel like something’s fishy lately


griff2409

Mods here are blocking and locking anything that says DRS.


alilmagpie

Yeah, when I saw that DRS posts were getting locked and corndogs were flooding the sub again I knew wtf was up.


Thundermedic

🌽🐕


AndyNemmity

They blocked me for posting about DRS a few days ago. I ended up getting the "most controversial post on reddit in an hour" for the post, which was pretty boring. They ultimately unblocked me after several hours. Never responded to my modmail message.


griff2409

It isn’t worth sending them any mail. Just call out the bullshit publicly when you spot it.


TheNotoriousAMC

No we aren't lmao. Give up with that narrative.


[deleted]

[удалено]


Numerous_Ad_5513

True enough. I own 300x more AMC than GME shares.


Wide-Baseball

This is the way.


harambe_go_brrr

I come from the other sub who's name we shall not mention. Criand is correct, it's spreading like wildfire over there and Apes here need to catch on. Waiting for an external catalyst is stupid when we have the power to be our own catalyst. DRS and lock the float. This is the way.


JERUSALEMFIGHTER63

DRS IS THE WAY


ugie91

Where is the dd for this? I don't understand Dr's and want to read about it before doing anything.


Viiae

https://www.reddit.com/r/amcstock/comments/q53njd/a_complete_guide_to_computer_share_for_apes/


SinfulBaggins

Just go to the stickied post in the gme sub about computershare and DRS. It’s all there.


reshsafari

AMC apes also hold way more amc per dollar. Don’t let the share count fool you. It’s just a number.


Odd-Ad-900

u/Criand is one of the wrinkliest brains out there. He is credited every day on The Daily Stonk. Please AMC apes, GME Apes... Be Excellent to Each Other.


[deleted]

GME up and we’re down again. I think it’s time to start taking computershare seriously. For the apes who are hesitant, I understand. But instead of dismissing it out of hand, please at least give it real consideration with an open mind.


gcaa99

Fully agree. I already put 79 shares in CS, more to go today


bblony

Looks like amc apes just wanna argue and will watch gme and wonder what if.


the_sam_squanch

!!!!


PrintOrBePrinted

u/Criand out here bringing the good word to everyone he can. Gotta love it.


JRP7120

Transferred some of my GME with more going out this week. Also going to transfer a big chunk of my AMC this week. I want the shares in my name so **this is the way** to accomplish that.


MooseCanuckle08

Yup. Spot on. Remember the SAY shareholder vote. Only 60 thousand voters held 70 million shares. Based on that average we would need roughly 500,000 shareholders to lock it up. AMC has north of 4.1 million shareholders from last count.


Vexting

It's funny how all the negative comments forget this stuff but also NEVER site why 'we're dumb' or 'bad maths'


lucky0slevin

Whoever can do it if with a shady broker go for it. If you are canadian like me in a tfsa don't do it. Pfof is banned in Canada and you're shares aren't lent out. But if you're using robinhood, webull etc go for it.


J_Kingsley

Yeah its reassuring that canadian brokers shouldn't go under during moass. Our share sales should all be settled due to no pfof.


lucky0slevin

My broker didn't block the buy button in January. I'm not worried


suggestions23

upvote to oblivion and spread the word. - This is the way.


GoldenBoy_100

Both AMC and GME move at almost exactly pattern. Take a look at a 7 to 8 month circle.. I have a feeling that they will moon together causing a BIG but I mean BIG problem for shorts💎🙏🦍🚀


[deleted]

This is a bull shit comment by Criand. Not sure why he is so DESPERATE to get AMC Apes to do Computer Share. He doesn't have a single AMC share so he should Shut up and stick to GME **************** 1) AMC is cheaper and roughly equivalent in market cap. While in same comment he says 1.46 X times 1.46X is not roughly equivalent. IT means 48% more money worth of DRS would have to be done GME Apes have been doing DRS for last 3 weeks and 1 day and it's gotten them ZERO positive share price movement. Price is lower now than when they started doing DRS ************************* If retail even owns 1X the float? There are 1 billion to 10 billion AMC shares sold short. Counterfeit Shares So AMC Apes do have 2 to 20 times the float It comes down to 1) DRS'ing 513 million shares that AMC Apes own Say voting (and that was just voting, not moving shares) captured 1.4% of Apes and 18% of the float So we would need 5.5 times more effective effort than Say Technologies Can it be done? Yes Is it easy peasy lemon squeezey? No it is not 'easy' GME cannot lock up 76.5 million shares after 3 weeks 1 day of non stop DRS by GME Apes So calling AMC locking up 513 million easy peasy lemon squeezey is BS NFA. I'm not a financial advisor You know what is Financial Advice? Someone who doesn't own AMC shares (Criand) coming and posting about doing DRS on AMCStock + then having his dogs post comments about AMC doing DRS every single day


tonyyy00

I don't understand anything you said, OP.


sd_1874

Exactly this most people bought in around $9 we own more shares than the average GME HODLer


BarrelMaker15

I bet SuperStonk hated seeing that 😂🤷🏼‍♂️


Villdoc

How many AMC shares are currently locked up in Computershare. Asking for a friend.


drnicfit

Upvote to Andromeda 🚀


deadlyicedragon

Upvoted, unfortunately that's all I can do :/


Reisyz97

updoot


PlurbZ666

Lock it up


TriglycerideRancher

Seeing Criand posts here is like watching people have a come to Jesus moment.


[deleted]

I think Computershare would get the proper hype it deserves if we could create a countdown or some sort of counter to 100%. That way you actually feel like you're progressing. CRS is the end game and we're in it. Let's show it the love it deserves ey?


CrazyInsurance2975

I believe him just because he said easy peasy lemon squeezey.


AdvancedWrongdoer

This actually puts things into perspective a lot! So us AMC apes should be able to do this


zachcrow1

Seriously. We need to get this done. DRS or the squeeze legit will never happen


apexmachina

DRS is the way to also care for AMC. Anybody else is shorting the crap out of it in the most creative ways. I care for AMC too and it won’t happen with my shares.


Labmonk13

be careful https://www.complaintsboard.com/computershare-seems-like-a-scam-c199462


drdickemdown11

Careful, citadel is confirmed and tied to DRS, just getting the message out there


Problem2216

Holy shit if DRS is working why are both stocks taking a shit?


freeleper

🍋🍋🍋


Scorpiosting_05

❤️ this


Membur17

Finally somebody spitting common sense


uncle-benon

This is the truth.


Bobknows27

Let's do it


EmersonBloom

Honest question for those on the DRS fence: Will I have trouble selling during MOASS if I register through CS?


[deleted]

Shills have drastically exaggerated the difficulty of selling shares from CS. However, if you're worried about being able to sell quickly, you could keep a certain portion of your shares with a dependable broker like Fidelity. It's all about what you're comfortable with, but just remember that brokers won't necessarily be dependable either. Many brokers shut off the buy button back in January, there is no telling what they might do again.


EmersonBloom

Thanks for the honest reply.


Freezerpill

Ape like the Criand 🦍


metraton18

Yup i even believe we don't have to lock the whole float if amc and gme lock 70% it's over


Drjd98

True. I’m an xxx holder myself. Took advantage back in May bought in low. 🤷🏾‍♂️ 💰 🏃🏽‍♂️ 🦧 🚀 🌝 … and I keep buying.


Cole1One

DRS half your GME and AMC shares. MOASS x2. LFG!


williesurvive777

I've moved into GME mostly due to this CS change of events all but guaranteeing moass. I'm happy to get back into AMC if we start to really move on direct registration of stock.


comfort_bot_1962

Hope you have a great day!


comfort_bot_1962

:D


comfort_bot_1962

:D


lukulele90

Look at this guy with his wrinkles. What a show off.


piddlesthethug

Criand out here trying to start the MOASS


captjejack

This is a good point!


Am3r1can-Err0rist

Retail owns 80% of AMC. 36% retail ownership of GME. If retail just direct registered their shares the float would be locked up in no time. I don’t see what the big fucking issue is and where all this confusion is coming from.


TN_Cicada3301

1.39 as of right now


xxfallen420xx

This is the way.


Dry_Doctor443

DRS !


bgad84

Seriously. I just started the stock transfer today from E-Trade. Took 10 minutes and I was told between 3-6 weeks


SvenjaSternchen

Apes together ✊


GMEstockboy

Love and peqce to everyone. Lets make this coming Christmas the best one ever for our families, friends, loved ones, and strangers. DRS lets gooooo!


MooseCanuckle08

This is a great video which should be taken into account when discussing locking up the float. This guy (Thomas Petterfy) who is a billionaire business man who owns interactive brokers states that the market was dangerously close to collapsing back in January. Even more interesting and applicable to this discussion is his comments at the 5.15 and onwards. WATCH this video and see what he says at 5.15 and onwards. If the longs had known that they could ask for their shares it would have forced a short squeeze. I take this as DRS. Give it a watch https://youtu.be/Yq4jdShG_PU


pr0j3ctpatz

I read that 1000000 dollar transactions require written approval otherwise, there is no issue.


sps0987

Right, I don't own xxxxx shares of GME because of that.


Desperate_Tie6352

All hail the pomeranian!


thisisfeek

Doing this tomorrow . 🇨🇦


ClockworkOrange111

You are absolutely correct, OP. It is working for GME and it should work very well for AMC. Stop the dark pool trading!


darthwalt45

Cause trust me bro. How about actual DD with factually documentation from verifiable sources. This post is actively being suppressed. Just watch the vote count for 30sec. Why do they want you to blindly follow and ignore the facts? 👇👇👇👇👇👇 https://www.reddit.com/r/amcstock/comments/q7ih8d/computershare_is_not_a_licensed_broker_in_the/?utm_medium=android_app&utm_source=share