this post was submitted on 13 Nov 2023
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WhyDRS
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It is very baffling!
What will it take to get us over the 25% line and why has it been stuck there for almost a year now? There was steady growth before and people are still buying.
Of course there was a dip of 1.2 million in the most recent quarter, but it lines up eerily close to the 1.2 million shares that were with mainstar that got removed from DRS during the same quarter.
I wonder if we have DRS'd all of the book-entry (aka electronically recorded) shares and all cede has left in its vault is jumbo certificates that represent 100s or 1000s or perhaps even millions of shares each. I don't know if they can break them like a bank note.
Especially when all I see on ss is people adding to dem purple circles