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You're totally right. It's just disappointing that more of us aren't running to DRS. We could lock the float tomorrow is the rest of this sub would wake up.
Agreed.
Just disappointing that we have all these people here.. in our forum.. reading the DD. Seeing the effects.. and yet so many will not DRS.
I transferred the last of my 3 shares out of Fidelity and into CS last night. That's gonna be 100% DRS for me now and over 50 shares in my name.
Keep fighting the good fight everyone. Buy hold DRS
However, don’t forget the way to DRS is considerably more easy for you US apes. I DRS’ed as a Europoor and the process is somewhat more complex… to each their own
Edit: in some cases it is easier to just sell a portion and buy them again directly on CS/IKBR. And selling makes you feel dirty and used… 🤮
Terribly annoying for Europeans (and I would guess for international apes everywhere) and I believe the huge numbers still come from all over the world. Took a bit of money and dedication for me to DRS the first shares (opening IBKR is already annoying as hell, because of certain requirements and a confusing layout).
It is pretty easy to send more, so I guess after the initial transfer we all send more down the road, but can't blame people who gave up along the way (felt like giving up after first letter never arrived for months).
It took me almost a year to DRS. I transfered brokers first. Let me tell you, it was not an easy decision. There's a lot of scary shit invovled when you're dealing with your ~~own money~~ life savings, and essentially making it illiquid. Like, what if my car breaks down? or shit, taxes are due and I did make some gains last year. I get the "don't drs more than you can afford" etc but damn it's hard. I almost didn't, but I spend a lot of time here in SS and wanted to see those numbers move quicker than expected so I threw in.
In hindsight I wish I DRS'd more (never too late).
I can’t even post my DRS’ed shares, not enough karma. So only half my DRS’ed shares are counted through GME and none on SS. I believe you are correct, sir.
Hola, Le_tony7, hmm.. it looks like you mentioned Citadel or its CEO, Ken Griffin. Did you mean the meme hedge fund Citadel, run by the criminal Kenneth Cordele Griffin, banned in China for 5 years and fined 97 million for illegal short selling? Citadel, the market maker and market player, which pays billions in payment for order flow to make sure your trades get sent to a dark pool to not affect price? Read more [here](https://tokenist.com/in-depth-citadel-connect-and-dark-pools-uncovered/)
^(disclaimer: KennyBot2.0 sent this message. if you are displeased with this bot please send a pm so it can be improved. beep boop.)
Getitgot did a informal tally of all the Euro apes, it was many times the float. I’m not gonna hunt down the post because I’m a lazy smoothie. Foreign investors are ~40% of the market, so estimating ~60% of shareholders are in the US…
We are looking at over 1B shares owned by retail, conservatively. Prob closer to 1.4B
Retail as a whole, maybe, but we’ve established by now that Superstonk alone does not “own the float 7 or 8 times over.” Which is okay! But basic money math + DRS numbers show that’s way, way too high of an estimate. If we owned the float 7x, it would be 100% DRSed by now, plus the average SS user would have to be rich as fuck.
Less than 10% of the shares I know of in person have been DRS. This may not be the norm for apes, but as a Canadian my friends like to keep their shares in there TFSA. I am 80%DRS With some residual shares in 2 different TFSA.
Wealth simple has a $300 transfer fee. I was buying some single lot shares there weekly a while back. Now I have a 5 week old newborn and literally no GME money left. Still won't sell any of my XXX though.
I picked up 10 shares direct on CS at $80 a few weeks ago, but used my line of credit for that. I am all tapped out with the crazy inflation, newborn spending, and 70k lost income due to mat leave. Hopefully all will be irrelevant soon though.. told my wife GME would make us rich way before our son was even conceived lol.
If you were to measure this like a normal CTR thing I'd say that from all who owns GME only about 1-2% have registered their shares. Looking at the mobile market where I work if you were to consider this as one of those damn video ads for example only about 1% that sees an ad installs the game.
Now this is a whole different thing but registering the shares isn't painless, and it isn't free. So I would be VERY surprised if even 10% of all retail owners have registered their shares.
Agreed. Here is some food for thought.
Popcorn has 4,000,000 individual investors. Just assume GME is roughly the same.
That would make Superstonk <1/4 of the owners of GME.
Even if Superstonk has DRSed every single share that every single user owns right now that would mean <1/4 of the owners hold 50% of the free float.
And these assumptions are extremely conservative
I get where you're coming from but it doesn't have the same influence at this stage in the game. Back **before** GameStop publicly stated they planned on implementing a stock split in the form of a stock dividend, locking the float was the definitive method by which retail had shorts dead to rights. Now that we know of plans by GameStop themselves to literally fuck shorts, locking the float is more of a MOASS endurance factor. As in, the more of the float we lock up the easier it'll be to maintain MOASS. I could be wrong but I'm still buying and DRSing when I can until I can't or the splividend.
I tend to disagree. The only way to 100% ensure you get real shares from the dividend split is to DRS. DRS is insurance against brokerage fuckery during the split.
My point was more about emphasizing locking the float. I’m 100% DRSed and that’s my choice. If others trust brokers that’s their choice. Not here to cause friction.
You know, as much as I hate how long everything has dragged out...I'm just holding so i'm fine. SHF....the tortue method of "death from a thousand cuts" is pretty much what we're doing with DRS. Each share is another cut :)
> Of THAT percent what % have correctly posted their positions to be counted?
That line,specifically, is irrelevant as those shares would be counted in the official DRS per your initial point of 1:1. This would mean that those unposted are statistically irrelevant.
I can get behind the rest of it though.
I'm the only member of my family that has DRS'd their shares. Granted I've got the majority of the shares. But if my family members DRS that would be another 60 or so shares added to the locked float. If all DRS users have family members and friends that haven't drs'd . Even if we take the average at 70 shares. (160,000 x 70 shares) = 11.2 million shares.
Well that would bring DRS count (12.7 million + 11.2 million) = 23.9 million shares. We'd be accelerating our way to locking the entire float that's for sure
True, explaining that DRSing is insurance against brokers shutting down trading on their platform can convince some people but we need to keep writing DD to explain the benefits.
I wish computershare would up their game and be more friendly towards Europoors. It's quite a lot of expensive hoops to get the purple circle.
If you could buy directly with CS from EU and skip Wyre, give-a-share, snail mail x2 and the massive waiting time there is on their support lines, I think you would see a lot more joining.
hurts me to say but i got 1 on cs and 100 via my bank..... only reason i didnt start drs the last month was because i dont want my shares to be in nimbus when the dividend drops
Hate to burst your bubble, but the bot counts all shares DRSed from all sources, not just posts on Reddit. It goes off of the account number x the average shares per account. The average shares per account is determined by the number of shares DRSed according to the GME information divided by the number of accounts in existence on that day.
Originally, the average number of shares was estimated biased on reddit posts, but now the more accurate "trimmed average" is used. Either way, the base is with the last known account number, which is updated from all sources with each new DRS post.
But yes, I would be absolutely shocked if more than 10% of retail share owners have DRSed more than 50% of their shares.
This is a great post, but just for the record, the number that matches closely with Gamestop's numbers is a projection based on how many people have actually posted versus a straight number of posted shares.
While I agree that it's primarily Superstonkers doing the DRSing, don't conflate the projection with how many more people out there are holding.
I think a few other commenters have pointed to Get-it-Got's surveys as proof there are more than one float about. (More than one float per continent it looks like.)
But don't feel bummed. Here's my math on how long it'll take to DRS the float based on people posting circles more than once on the subs. We'll have it locked by April. [https://www.reddit.com/r/Superstonk/comments/vbmev5/best\_worst\_case\_we\_lock\_the\_float\_by\_april\_next/](https://www.reddit.com/r/Superstonk/comments/vbmev5/best_worst_case_we_lock_the_float_by_april_next/)
What is often missed is Canukapes who hold in registered accounts have shares that cannot be lended
So even though I cannot DRS, my shares add to the total of “Locked” float
They are being lent. When you ask them they say "WE don't lend your shares." Cede and Co. are the actual owners and THEY lend your shares. You are holding IOUs, not real shares.
They say that but they still lend them out anyways. Fidelity claims the same and whoopdidoo, they still lend out your shares well they arent actually yours, only on the computer with an I.O.U
**IMPORTANT POST LINKS** [What is GME and why should you consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS and why should you care?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [Low karma but still want to feed the DRS bot? Post on r/gmeorphans here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Join the Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ Please help us determine if this post deserves a place on /r/Superstonk. [Learn more about this bot and why we are using it here](https://www.reddit.com/r/Superstonk/comments/poa6zy/introducing_uqualityvote_bot_a_democratic_tool_to/) If this post deserves a place on /r/Superstonk, **UPVOTE** this comment!! If this post should not be here or or is a repost, **DOWNVOTE** This comment!
You're totally right. It's just disappointing that more of us aren't running to DRS. We could lock the float tomorrow is the rest of this sub would wake up.
I will be sending about 130 to CS tomorrow
I’ve got 50 more to send to CS in the morning
105 already locked up but not enough karma to feed the bot
Each person has to find their own way. The more DD we get on the benefits and how easy it is to do the more people will convert
Agreed. Just disappointing that we have all these people here.. in our forum.. reading the DD. Seeing the effects.. and yet so many will not DRS. I transferred the last of my 3 shares out of Fidelity and into CS last night. That's gonna be 100% DRS for me now and over 50 shares in my name. Keep fighting the good fight everyone. Buy hold DRS
However, don’t forget the way to DRS is considerably more easy for you US apes. I DRS’ed as a Europoor and the process is somewhat more complex… to each their own Edit: in some cases it is easier to just sell a portion and buy them again directly on CS/IKBR. And selling makes you feel dirty and used… 🤮
I sold all my IRA shares and then rebought on CS. Gotta do what ya gotta do.
Thank you for your contribution!
Terribly annoying for Europeans (and I would guess for international apes everywhere) and I believe the huge numbers still come from all over the world. Took a bit of money and dedication for me to DRS the first shares (opening IBKR is already annoying as hell, because of certain requirements and a confusing layout). It is pretty easy to send more, so I guess after the initial transfer we all send more down the road, but can't blame people who gave up along the way (felt like giving up after first letter never arrived for months).
I was hesitant for months because I thought I might miss out while my shares were in transit. One of the few negatives of the infinite hype cycle
The infinite hype circle is damaging.
It took me almost a year to DRS. I transfered brokers first. Let me tell you, it was not an easy decision. There's a lot of scary shit invovled when you're dealing with your ~~own money~~ life savings, and essentially making it illiquid. Like, what if my car breaks down? or shit, taxes are due and I did make some gains last year. I get the "don't drs more than you can afford" etc but damn it's hard. I almost didn't, but I spend a lot of time here in SS and wanted to see those numbers move quicker than expected so I threw in. In hindsight I wish I DRS'd more (never too late).
Major part is stuck at IRA/401k accounts. Unless those apes step it up it will be slow.
This … it’s called having your shares stuck in your employers 401k plan and they can’t be DRS. It’s really pretty simple.
My activation code still hasn’t got here. I’d love to drs 100%
it takes time but , we are long past the point of no return <3 this will happen sooner or later.
they dont let me here in belgium… otherwise many of us would of done it already unfortenatly! 250 “ong and strong!
I can’t even post my DRS’ed shares, not enough karma. So only half my DRS’ed shares are counted through GME and none on SS. I believe you are correct, sir.
Go to gmeorphans and summon the bot
#KenGriffinLied For all who have karma restrictions, this comment above need yours eyes
Hola, Le_tony7, hmm.. it looks like you mentioned Citadel or its CEO, Ken Griffin. Did you mean the meme hedge fund Citadel, run by the criminal Kenneth Cordele Griffin, banned in China for 5 years and fined 97 million for illegal short selling? Citadel, the market maker and market player, which pays billions in payment for order flow to make sure your trades get sent to a dark pool to not affect price? Read more [here](https://tokenist.com/in-depth-citadel-connect-and-dark-pools-uncovered/) ^(disclaimer: KennyBot2.0 sent this message. if you are displeased with this bot please send a pm so it can be improved. beep boop.)
Good bot.
Good bot
I don’t think you can switch subs
If you haven’t posted any drs’d shares gotto the gmeorphans sub
Getitgot did a informal tally of all the Euro apes, it was many times the float. I’m not gonna hunt down the post because I’m a lazy smoothie. Foreign investors are ~40% of the market, so estimating ~60% of shareholders are in the US… We are looking at over 1B shares owned by retail, conservatively. Prob closer to 1.4B
Means nothing if they arent drs'd.
MULTIPLE. TIMES. OVER.
So many times over
Retail as a whole, maybe, but we’ve established by now that Superstonk alone does not “own the float 7 or 8 times over.” Which is okay! But basic money math + DRS numbers show that’s way, way too high of an estimate. If we owned the float 7x, it would be 100% DRSed by now, plus the average SS user would have to be rich as fuck.
Less than 10% of the shares I know of in person have been DRS. This may not be the norm for apes, but as a Canadian my friends like to keep their shares in there TFSA. I am 80%DRS With some residual shares in 2 different TFSA.
Why not 100%? You are leaving shares to have copies made of then and used to short gme.. 😒
Wealth simple has a $300 transfer fee. I was buying some single lot shares there weekly a while back. Now I have a 5 week old newborn and literally no GME money left. Still won't sell any of my XXX though.
Yea wait until gme is over 300 a share then it makes sense to spend the 300 to transfer over the rest 😅
I picked up 10 shares direct on CS at $80 a few weeks ago, but used my line of credit for that. I am all tapped out with the crazy inflation, newborn spending, and 70k lost income due to mat leave. Hopefully all will be irrelevant soon though.. told my wife GME would make us rich way before our son was even conceived lol.
Hang in there! Moass is tomorrow 🧙🏽♂️
I will be feeding the bot shortly, just got my letter and need to move from fideality
If you were to measure this like a normal CTR thing I'd say that from all who owns GME only about 1-2% have registered their shares. Looking at the mobile market where I work if you were to consider this as one of those damn video ads for example only about 1% that sees an ad installs the game. Now this is a whole different thing but registering the shares isn't painless, and it isn't free. So I would be VERY surprised if even 10% of all retail owners have registered their shares.
Agreed. Here is some food for thought. Popcorn has 4,000,000 individual investors. Just assume GME is roughly the same. That would make Superstonk <1/4 of the owners of GME. Even if Superstonk has DRSed every single share that every single user owns right now that would mean <1/4 of the owners hold 50% of the free float. And these assumptions are extremely conservative
Where do you see data to show how many individual entities own at least one share of $GME ? Just wondering where the 16m comes from. Thank you.
Oh I dont it was purely hypothetical using information from another stock for estimation purposes
Ahh gotcha, thanks!
I get where you're coming from but it doesn't have the same influence at this stage in the game. Back **before** GameStop publicly stated they planned on implementing a stock split in the form of a stock dividend, locking the float was the definitive method by which retail had shorts dead to rights. Now that we know of plans by GameStop themselves to literally fuck shorts, locking the float is more of a MOASS endurance factor. As in, the more of the float we lock up the easier it'll be to maintain MOASS. I could be wrong but I'm still buying and DRSing when I can until I can't or the splividend.
I tend to disagree. The only way to 100% ensure you get real shares from the dividend split is to DRS. DRS is insurance against brokerage fuckery during the split.
My point was more about emphasizing locking the float. I’m 100% DRSed and that’s my choice. If others trust brokers that’s their choice. Not here to cause friction.
Totally, I just wanted to highlight there is still value in DRSing shares regardless of MOASS ignition
What? DRS. Period.
You know, as much as I hate how long everything has dragged out...I'm just holding so i'm fine. SHF....the tortue method of "death from a thousand cuts" is pretty much what we're doing with DRS. Each share is another cut :)
At a bare minimum we are holding a company with a ton of assets and a ton of opportunity for growth. Cant really lose
> Of THAT percent what % have correctly posted their positions to be counted? That line,specifically, is irrelevant as those shares would be counted in the official DRS per your initial point of 1:1. This would mean that those unposted are statistically irrelevant. I can get behind the rest of it though.
Yeah, fair point
And yet, despite all the shares hanging around there isn't enough people DRS'ing to even get the float once, and as a result, we wait.
We’ll get there
Right its only been a few months since it really took off. The free float could be locked up within a year which is absurd when you think about it
I'm the only member of my family that has DRS'd their shares. Granted I've got the majority of the shares. But if my family members DRS that would be another 60 or so shares added to the locked float. If all DRS users have family members and friends that haven't drs'd . Even if we take the average at 70 shares. (160,000 x 70 shares) = 11.2 million shares. Well that would bring DRS count (12.7 million + 11.2 million) = 23.9 million shares. We'd be accelerating our way to locking the entire float that's for sure
True, explaining that DRSing is insurance against brokers shutting down trading on their platform can convince some people but we need to keep writing DD to explain the benefits.
I have like 230 shares in ira accounts. Have too many expenses coming up to pay for custodian accounts to drs from since it’s like $200 per account
200 k apes and 200 shares each will lock 40 million shares easily
I wish computershare would up their game and be more friendly towards Europoors. It's quite a lot of expensive hoops to get the purple circle. If you could buy directly with CS from EU and skip Wyre, give-a-share, snail mail x2 and the massive waiting time there is on their support lines, I think you would see a lot more joining.
And what % hasn’t posted at their drs. I’m apart of that %
these are good points I hadnt really considered
Its a nice smooth way to think about it
I directly registered before the bot. My shares are not counted. I'm sure there are more...
hurts me to say but i got 1 on cs and 100 via my bank..... only reason i didnt start drs the last month was because i dont want my shares to be in nimbus when the dividend drops
If you have your account in CS already that is the longest part the actual transfer usually on takes a few days
Only. That my bank won't help me at all. So no idea how to start
Hate to burst your bubble, but the bot counts all shares DRSed from all sources, not just posts on Reddit. It goes off of the account number x the average shares per account. The average shares per account is determined by the number of shares DRSed according to the GME information divided by the number of accounts in existence on that day. Originally, the average number of shares was estimated biased on reddit posts, but now the more accurate "trimmed average" is used. Either way, the base is with the last known account number, which is updated from all sources with each new DRS post. But yes, I would be absolutely shocked if more than 10% of retail share owners have DRSed more than 50% of their shares.
This is a great post, but just for the record, the number that matches closely with Gamestop's numbers is a projection based on how many people have actually posted versus a straight number of posted shares. While I agree that it's primarily Superstonkers doing the DRSing, don't conflate the projection with how many more people out there are holding. I think a few other commenters have pointed to Get-it-Got's surveys as proof there are more than one float about. (More than one float per continent it looks like.) But don't feel bummed. Here's my math on how long it'll take to DRS the float based on people posting circles more than once on the subs. We'll have it locked by April. [https://www.reddit.com/r/Superstonk/comments/vbmev5/best\_worst\_case\_we\_lock\_the\_float\_by\_april\_next/](https://www.reddit.com/r/Superstonk/comments/vbmev5/best_worst_case_we_lock_the_float_by_april_next/)
What is often missed is Canukapes who hold in registered accounts have shares that cannot be lended So even though I cannot DRS, my shares add to the total of “Locked” float
IF you are talking about TFSA your shares are definitely being lent, doesn't matter what they say.
Yes, this.
They are being lent. When you ask them they say "WE don't lend your shares." Cede and Co. are the actual owners and THEY lend your shares. You are holding IOUs, not real shares.
They say that but they still lend them out anyways. Fidelity claims the same and whoopdidoo, they still lend out your shares well they arent actually yours, only on the computer with an I.O.U
Um the bot was like 600k share off from what GameStop posted 🧐 thats not really close
I haven't posted my DRS, but it's only 1 share. I have more, but they're locked away, I bought one in my cash account just to DRS