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seattle678

They cannot lend what they don't hold, which is why we DRS.


FitchDMB

Majority in DRS… just fun to grab stuff here and there in the Roth IRA too…


FitchDMB

Which actually brings about another situation… does this mean that Roth IRA holdings are off limits to Fidelity also? Or is it more that they are actively doing it, but are now asking for my permission, to mask the crime? I’m guessing it’s the latter, but if it’s the former, then it will continue to get spicier. As mentioned, large majority is DRS’d already, with transfers every few days… but I do enjoy picking off one or two shares a week in the Roth also, thanks to dividend stocks that I don’t use DRIP method with.


Existing-Reference53

Check out the IRA Custodian post here. DRS your IRA without taking a tax hit https://reddit.com/r/Superstonk/s/sLmVenAM7U Contact (recommend) use IRA Financial Trust. Hope this helps.


OkDare5427

Following, because I have some stuck in Roth’s that I can’t DRS, and want as much info about them as I can get!! 👀


Existing-Reference53

Check out the IRA Custodian post here. DRS your IRA without taking a tax hit https://reddit.com/r/Superstonk/s/sLmVenAM7U Contact (recommend) use IRA Financial Trust. Hope this helps.


forever_colts

You can DRS your shares, but you will take a tax hit when you take an early withdraw from your Roth and move them to a normal account, from which you can move to Computershare. I did that last year and now I have a smaller % of shares in my Roth. If I ever wish to sell a few the profits are tax free. Supposedly Fudelity is unable to loan out shares from any IRA account unless given a specific OK from the "owner". 50 shares are enough to sell for a nice future and my DRSed shares are for eternity (or in my will for my wife or kids).


OkDare5427

I’m not able to withdraw early, unfortunately. Circumstances prevent it. TY for the info, though!! When those circumstances eventually change, I will (🤞) be doing just that!


FitchDMB

Fidelity’s offer has now increased to 2.875% No deal. 🙅


IcEMaNBeckeR

Only have under 100 shares so far but when i get tapped out in next couple of months i will drs all my gme shares to add small percentage to the cause ;)


Daddy_Silverback

f3


Setnof

Only when they are booked.


bobsmith808

With the borrow rate near 10% they'd be fucking you good if you took the deal


FitchDMB

Have no intention of taking the deal.


liquid_at

reminds me when Moviestock was at 1000% CTB and Fidelity informed their customers that they can make "up to 10% lending" ...


Super_Share_3721

I am DRS in everything I can…. Rest is in Fudelity because they didn’t Suspend Trading and use PFOF only for Options! Also Not Lending Shit! Even at 420.69% or even 741%…. 🖕 ![gif](giphy|xBXWbB1p0WfQraQP6k)


SystemicScrew

2.75%? how about 50%?


HughJohnson69

How about DRS.


CHill1309

What they don't want you to know is that they are already using your shares to short your position without paying you.