bathrobe_moses

joined 1 year ago
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12
Baffling thing about DRS numbers (lemmy.whynotdrs.org)
 

XPost due to me being new

The floor actually is rising in c/whydrs@lemmy.whynotdrs.org
[–] bathrobe_moses@lemmy.whynotdrs.org 1 points 1 year ago

How about when Gamestop announces thate Cede & Co has no more shares remaining?

What if FTD's aren't the real issue? in c/whydrs@lemmy.whynotdrs.org
[–] bathrobe_moses@lemmy.whynotdrs.org 2 points 1 year ago

The only way this can crash is if we can prove there aren't any more shares. When all shares are accountable outside the DTCC it's over, no matter what.

Once Gamestop become profitable we need to campaign for a cash dividend in c/whydrs@lemmy.whynotdrs.org
[–] bathrobe_moses@lemmy.whynotdrs.org 0 points 1 year ago (1 children)

It wouldn't really do a lot of damage. If they had enough of a treasure chest to do damage by cash dividend, they could do better by just buying their own shares on the market and DRSing them. Normally share buybacks work worse, but with the DRS level this high, it wouldn't take too many buys to push it over 100%.

1
Long time GME lurker; first time poster (lemmy.whynotdrs.org)
 

  1. I've been watching since the sneeze was on the rise.

  2. I have DRSed most of my GME and most of everything else after a certain broker tried something stupid.

  3. How long before we get a new DRS tracker? The Reddit API change broke stuff. Feels like a good thing we're moving out of Reddit for that reason.

  4. Good idea to post my long-DRSed stock count or not? By now it's been in the quarterly reports.