23
8/11/2023 GameStop (GME) Estimated DRS count: 77,042,333 (or 75,771,767 when -1.2 million Mainstar shares)
(lemmy.whynotdrs.org)
8/11/2023 Estimated DRS count: 77,042,333 (using DRSbot total x 4.272)
8/11/2023 Minus 1.2m Mainstar: 75,771,767
The 4.272 multiplier comes from 6/1/2023 Form 10-Q divided by DRSbot 6/1/2023 total: 76,600,000 / 17,928,960 = 4.272
shills found their way here
In what way is that shill ?
Remind me again what a shill is ?
Look, I never bought the premise that 'only 100% of shares locked by DRS will trigger MOASS', which seems to be something everybody is thinking. This was just something that has been 'accepted' as a prerequisite for moass by the (perceived) majority, but in my opinion this whole thing will eventually blow up either way.
DRS is still important, because imo it does tighten the noose, and also I want to get paid when it's time and not be at the mercy of a broker.
No one really knows what % is going to trigger anything. Common sense would assume 100% is the limit but afaik it never happens before. I want to believe that much before it reaches 100% something will happens but I am prepared for all kind of fuckery. Don't forget curruption is spread like an octopus across a vast spectrum of entities.