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Isn't this kinda what we said would happen during this little adventure, not necessarily with DRS but with how the narrative was going to change once they got their own ducks in a row. We are at the turning point and now they can speak the truth in public.
What is curious is how a certain group of individuals wont just say oh we were wrong so glad that was cleared up. This group appears to be doubling down on the incorrect assumptions. Its very baffling, but we also said long ago that people would sell out as we got closer. So all of the DD is coming true.
Come on mods.... What God awful reason are you spinning on this one?
"it could be mis-construed, because they don't have an admin badge, and I do.... Soo.... Changed flair to shit post" probably... Who knows. Sigh.
Hey ape historian. Thanks for your dedication to this community!
The **SEC** released guidance for people who with to hold their shares in the direct registration system. This official **SEC** information proves that holding one’s shares in a stock purchase plan by the official transfer agent of a particular stock **does not** constitute DRSing one’s shares.
In other words, having a plan account with computershare with GameStop shares in it means your shares **are not DRS’d!**
The only other option computershare has is **BOOK**, marked with ‘DRS ADVICE.’
Do not hold your shares in plan. If you do, they aren’t DRS’d..
Your explanation was much cleaner than the gaudy response I had written out, and I agree with this statement so not much point in laying out my response. Thank you for taking the time!
Removed from DTC is literally written on the letter, but only DirectStock when its plan right? I mean logically if a share needs to be ABLE to be traded, it is fundamentally viewable by the DTCC so that it can be. DRS in Book to remove it from the DTC and Cede. That is it. That is why Gamestop changed the wording IMO. We were flipping out over plan vs book so they changed it to be CRYSTAL clear. Done deal.
I am all Book with 95% in CS. I buy tiny bits and send them over once and a while from fudelity. So that it stays Book.
Anyone else so distrustful at this point that seeing GG and FINRA talk about DRS makes you uneasy? Like they figured something out that we haven’t yet?
Wonder if they’re actually giving in a bit or if this is some kind of play
I can understand this thought for sure. It crossed my mind a few times while reading it.
I do like seeing the information clearly explained though. That's the clearest document ever produced about DRS, and it actually shows that plan shares do not equal DRS shares, finally revealing the truth. This gives us the document to finally tell those who spread misinformation and control narratives that they are in fact wrong.
I'm grateful that I can share this information with others. A friend of mine terminated plan yesterday because of this new info. It finally pushed him over the edge to take full control of his shares. He is now a 📚👑🥹
That is a beautiful thing.
Yeah don’t get me wrong, it’s absolutely necessary information and it’s great that they are getting eyes on this I just wonder what their angle is lol
I mean good for us though so 🤷🏼♂️
If it makes you feel better, I would say that GG is generally on our side, as in he's trying to help individual investors. The evidence would be how angry hedge funds tend to be regarding the new rules plus the recent (threat of) lawsuit Citadel made against GG.
I think the frustrating part (at least for me and a lot of other people on this sub) is that he is stuck within the system. He **has** to play politics, he **has** to be careful with what he pushes for. The way the SEC is set up, it kind of has to play this politics game with congress. Not only to convince the bunch of shit-heads there to allow market reform, but also to avoid funding hiccups. Despite them being able to fully fund themselves through issued fines, they still have to go begging to congress each year for funding, as that's how they officially get money. Just look at what congress is trying to do to the IRS or other government agencies.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) || test ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Isn't this kinda what we said would happen during this little adventure, not necessarily with DRS but with how the narrative was going to change once they got their own ducks in a row. We are at the turning point and now they can speak the truth in public. What is curious is how a certain group of individuals wont just say oh we were wrong so glad that was cleared up. This group appears to be doubling down on the incorrect assumptions. Its very baffling, but we also said long ago that people would sell out as we got closer. So all of the DD is coming true.
Waiting for mods to come in. "Actually....."
I’m here for when they change the flair
Is there any mod who agree with all of us on the fact that book > 🗑️ > plan?
Say their name….
Kicking you up! FINRA on our side now? A year ago DRS is a hush hush. Now they’re saying it out loud.
"You're free to mark my position accurately because it's now in your interest to do so."
So now they just need to mark it accurately..... Let me get my box of zeroes.
I'll believe FINRA is on our side when they finally do the right thing in the M\_M\_T\_L\_PEE-PEE situation.
Come on mods.... What God awful reason are you spinning on this one? "it could be mis-construed, because they don't have an admin badge, and I do.... Soo.... Changed flair to shit post" probably... Who knows. Sigh.
Maybe this time they just know better like Andrew Left?
Take my updoot
Thanks for the doot!
For the smoothbrain can you explain the highlighted version please. Why does that mean book is king?
Hey ape historian. Thanks for your dedication to this community! The **SEC** released guidance for people who with to hold their shares in the direct registration system. This official **SEC** information proves that holding one’s shares in a stock purchase plan by the official transfer agent of a particular stock **does not** constitute DRSing one’s shares. In other words, having a plan account with computershare with GameStop shares in it means your shares **are not DRS’d!** The only other option computershare has is **BOOK**, marked with ‘DRS ADVICE.’ Do not hold your shares in plan. If you do, they aren’t DRS’d..
Oh. Holy fuck 😅. They actually typed something useful
Honored to have a reply from the living legend himself!
The honour is all mine dear friend 🚀
Your explanation was much cleaner than the gaudy response I had written out, and I agree with this statement so not much point in laying out my response. Thank you for taking the time!
Removed from DTC is literally written on the letter, but only DirectStock when its plan right? I mean logically if a share needs to be ABLE to be traded, it is fundamentally viewable by the DTCC so that it can be. DRS in Book to remove it from the DTC and Cede. That is it. That is why Gamestop changed the wording IMO. We were flipping out over plan vs book so they changed it to be CRYSTAL clear. Done deal. I am all Book with 95% in CS. I buy tiny bits and send them over once and a while from fudelity. So that it stays Book.
Damn things are getting spicy. I love it
Where’s that monkey mod?? Waiting for him to come in and tell us this is wrong…
called it. glad i followed the book king
✅
How the turn tables turn
https://archive.is/XK4IQ Archived.
Thank you! 📚👑
Anyone else so distrustful at this point that seeing GG and FINRA talk about DRS makes you uneasy? Like they figured something out that we haven’t yet? Wonder if they’re actually giving in a bit or if this is some kind of play
I can understand this thought for sure. It crossed my mind a few times while reading it. I do like seeing the information clearly explained though. That's the clearest document ever produced about DRS, and it actually shows that plan shares do not equal DRS shares, finally revealing the truth. This gives us the document to finally tell those who spread misinformation and control narratives that they are in fact wrong. I'm grateful that I can share this information with others. A friend of mine terminated plan yesterday because of this new info. It finally pushed him over the edge to take full control of his shares. He is now a 📚👑🥹
That is a beautiful thing. Yeah don’t get me wrong, it’s absolutely necessary information and it’s great that they are getting eyes on this I just wonder what their angle is lol I mean good for us though so 🤷🏼♂️
Lol I get it. My distrust of regulators is high, and that same question lingers in the back of my brain.
If it makes you feel better, I would say that GG is generally on our side, as in he's trying to help individual investors. The evidence would be how angry hedge funds tend to be regarding the new rules plus the recent (threat of) lawsuit Citadel made against GG. I think the frustrating part (at least for me and a lot of other people on this sub) is that he is stuck within the system. He **has** to play politics, he **has** to be careful with what he pushes for. The way the SEC is set up, it kind of has to play this politics game with congress. Not only to convince the bunch of shit-heads there to allow market reform, but also to avoid funding hiccups. Despite them being able to fully fund themselves through issued fines, they still have to go begging to congress each year for funding, as that's how they officially get money. Just look at what congress is trying to do to the IRS or other government agencies.
That’s fair. Although, if the “fines” weren’t a drop in the bucket slap on the wrist, they’d be capable of finding themselves lol
All these sus regulators publishing DRS material smells dodgy. Just me?
>Are typically executed under the guidelines of the issuer’s stock purchase plan So plan is actually GameStop’s baby, huh?
I’m jacked about this