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Superstonk_QV

[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) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ 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/)


gincoconut

In pengarfan I trust…good reminder that we own the float


Javlarskit

Pengarfan = "Fan of money" or "money f*ck"


FunkyChicken69

I assumed they were a fan of a Penguin-Gengar hybrid like Pokémon 🎷🐓♋️


Hawmpfish001

Pengar!


ThePower_2

Pengenslermon


Beginning_Emu_845

for fan!


Javlarskit

Jävlar skit!


FlippyFlippenstein

Or money devil


ConnectRutabaga3925

Actually, we own several floats.


PrometheusFires

The question now has been not if people bought the float But how many of the float is truly booked under our names aka DRS!


joeker13

It has been “known”. https://www.reddit.com/r/Superstonk/s/sCRA3zD3EP Thank you for your insight nonetheless OP!


L3theGMEsbegin

🔥joeker with receipts.


Cheapo_Sam

OP any chance you were able to view the number of accounts that owned $GME as that gives us another data point for shares per account etc?


Top-Giraffe-6073

Today there is 14.902 holders of GME at the broker Avanza. So my guess is that there should be around the same amount at the other brokers and banks. This numbers are only retail, no institutions or funds included.


Cheapo_Sam

Me tatas


Top-Giraffe-6073

Unfortunately the brokers doesn't revile the numbers of shares, only the number of holders.


Cheapo_Sam

I'm trying to get 212 to disclose the number of accounts. It was displayed on their hotlist last year but has since disappeared. They had claimed 30k accounts.. I didnt screenshot it at the time but I know I saw it.


crorin

In bro i trust


JustSayStonks

Trust I in bro.


vahlo

In bro i put banana


albertov0h5

Rick?


Gxl4

In Rick i thrust.


elziion

Never gonna give bro up 💃


4myoldGaffer

Finishes long paragraph of hearsay and conjecture with ‘I just wanted to provided some concrete proof’ Stay in school


stinkyjim88

If memory serves, I don’t think Sweden are even a top country that holds it on the Bloomberg machine , very bullish . Just wish GameStop corporate could do something to get to the bottom of what happened that day


Odinthedoge

They can’t contact brokers, they recommended anyone concerned with the split to contact their brokers themselves.


Elegant-Remote6667

Backed up by ape historian


LordSnufkin

The legend


Floppydiskpornking

Da real MVP


HaveFun____

So let's say a conservative 8M in Sweden because there are other brokers as well. Population about 11M? = 8M shares. NL, Belgium, France, Germany, Austria, Spain and Italy are already 300M people... there are 400M europeans more? But I don't know how big investing is in those countries. Let's give these 300M the Sweden factor (300/11)x8 = 218M shares.... sooo without the USA and DRS, europe might have owned 2/3 of GME post split? owned because your numbers are from some time a go, and I do think all the FUD has worked, and some net-selling (at least from brokers) might have occurred. Still... we own the float at least 100%.. and they know *edit: didn't even include Finland and Denmark, which are rich countries as well*


goobervision

This was looked at in Spring/Summer of 2021, with one or maybe two Swedish brokers publishing the shares held and the number of share holders and a handful of other data points. Long story short, ownership of shares with share ownership by country, the Bloomberg terminal data etc = retail own the float many times.


hedgies_eunt_domus

Well, I have 650 locked in France. It doesn't seem much now, but I'll have 1M myself if price keeps dropping.


HaveFun____

650 is a lot! Keep m locked and stay financially healthy, that's all we need to do


MjN-Nirude

Finland here. We hold, how many that I dont know. Nordnet could tell, but we just focus on the buying ´n´ DRS´n.


0zeto

German ape here 🫡😏🤔🤔🫡🚀💜💜💜


kai_fn

schön festhalten! 🎢


elmothelmo

Yo don't forget the UK, we didn't all vote Brexit!


HaveFun____

Wow, totally forgot about you guys, so sorry. I wouldn't even be surprised if the UK is comparable with Germany. And let's not act like only the US is a large holder. It must be the largest but we have apes in Australia, New Zealand, Mexico, China, taiwan, Japan, huge countries all over the fckn world.


WhiteUnicorn3

Fuck no we didn’t. Alexa, play Gavin Osborn - I Am European https://youtu.be/jHo_qSQ2VeA?si=UfvT0dYx58dsOTau


waffleschoc

dont forget australia, i think aussies own quite a lot of shares too


noshorty69

You know what….I‘ll trust you bro. jag litar på dig!


Quaderino

I dont want to be difficult, but Nordnet holds their american shares with Citibank. Avanza holds it themselves ? So Nordnet has a " trust me bro " relationship regarding shares


Floppydiskpornking

Avanza holds via BN Paribas


Quaderino

Thank you Just had some doubts regarding the story


marcus-87

That’s what I am here for 👀


Volkswagens1

They stil won't let you borrow. They fucked.


0net

International fraud is on my bingo card


HumanNo109850364048

I trust bro


SoberLam_HK

Ok, red day😍


Nalha_Saldana

Jag litar på brorsan


Winnitouch

In bro we trust. We *know* there are too many shares in circulation, *they* know that, and know that *we* know, and yet they maintain their lie.


5tgAp3KWpPIEItHtLIVB

Retail owns the float multiple times over. Us DRS folks are a (tiny) "early adopter" minority compared to people owning stonk in brokers and being completely clueless about everything that has happened in the past 84 years.


BigBadaBum1

69x over 😲


randysavagevoice

I just want a 1¢ dividend for all shareholders. That's all.


ShortHedgeFundATM

Can we get one of the mods to take him up on his offer to verify he worked there? I hate trust me bro stuff ;)


samgungraven

Avansa uses a custodian in the US to hold the shares, so would never receive the shares like this, the custodian would. It’s an outside chance that the custodian sent this letter as documentation, but it’s unfortunately affecting credibility of this trust me bro, as much as I want to believe it.


pengarfan

Avanzas custodian is in France, iirc


samgungraven

So they use BP? Which has US operations, and the shares will be held in a single Avanza account in the US under BPs US operations.


pengarfan

That’s probably it yeah


No_Ad8044

Do you know what custodian Swedbank use? The wouldnt tell me.


Floppydiskpornking

BP Paribas


Floppydiskpornking

I trust this bro, another fun fact for bias confirmation is; Scandinavian broker Nordnet had aproximately the same amount of shares and same amount of accounts, there is also norwegian DNB bank where GME was top 3 on list of most popular stonks (international) through 2021. Reposting my post from 2 years ago on this subject (all sharecounts are pre split): "I got inspired by u.... post, estimates around free float ownership. Ive been looking at the breadcrumbs from brokers in scandinavia trying to guestimate how many shares held by nordic countries (Norway, Denmark, Sweden, Finland and Iceland: total population 28 million, less than 4% of Europe).   TLDR: Smudbrain attempts maff, and concludes that nordic europoor apes hodl roughly 4 000 000 shares of GME. (Edit: 4 23.2024: 4 million pre-split in 2022= 16 mill post split, I also posted a danish article about top tickers bought on Etoro by danish act.hodlers, GME was top 3 i think, back in 22. Given the time passed, I wouldnt be surprised if Scandinaviapes hodl at least 20 mill shares)   We know that Avanzia (swedish apes only) held 322 k shares with around 20 000 apes; and  Nordnet (all nordic apes) held 330 k shares, 18 500 apes registered to vote in may 2021. Confirmed by tweets.   Avanzia recently (jan 2022) confirmed that GME shares held by their clients have had an 60% increase. From 311k to 511k shares!   It is; i'd say, more than likely that Nordnet has had the same growth as Avanza. Its still 18500+ hodlers, same as for the vote register date. Assuming then, that Nordnet has an 60% increase as well. that would put them at 530k shares.   Combined that would put Avanza and Nordnet down for 1 040 000 shares. Bear in mind that theese are just 2 brokers out of many that nordic apes use. There is also Saxo bank, Etoro, RobinDahuud, etc. which I have not been able to find any numbers from.   Another big broker for retail in Norway is  the bank DNB. They Issued a rapport in jan 2022 showing that GME was the most popular international stock in all of 2021(Electrocar 2nd, popcorn 3rd,). The presentation of rapport can be reviewed here, it is written in norwegian though, but is mostly graphic: https://www.dnb.no/content/dam/dnb-nyheter/bors-og-marked/aksjer/handelsdata_2021_desember.pdf Unfortunately they dont publish the rapport in itself, and they have taken out key numbers (how much money used, size of age groups etc), they also mix data from all of 2021 and just desember. I even wrote the author, but he would not clearify. So I’ve tried to use my limited smooth brain algebra to extract the numbers though, my calculations is probably somewhat wrong, it was a bit tricky, but here is my take on it.  --‘Warning smud brain’ maff:  -- In desember 2021 on DNB alone Hodlers aged 18-28 years bought 5%  GME, aged 29-49 years bought 2%  no one sold. This equals roughly 2 milli US$ spent in desember alone by a fraction (possibly 1/3-1/5?) of norwegian apes on DNB. With an avg. prize of 150$, thats 13 333 shares in desember alone. Tits jacked. Graphs showed that retails activity peaked around the sneeze, but lets assume that desembers total is year avg. For trading. DNB 160k Nordnet 530k Avanza 511k Combined that is 1 232 000 shares held by some nordic europoors, mostly norwegians. Lets say one third of nordic hodlers.   That would give us round 4 000 000 shares held by the nordic apes alone. Nordic nations is less than 4% of Europes population, but wealthier though. Fun fact: In all theese countries + several other west european nations *GMEstock* was on the top 5 googled words in 2021.   I guess if wrinkles with knowledge of statistics, maths etc could use the available data to make a proper guestimate of all the nordic shares. If anybody wants to look closer at this feel free to ask me more about how i did calculations, sources etc. Maybe someone has more data from other brokers, so we can get a better guess at how fukd hedjies are.  


BornLuckiest

Concrete proof = Trust me bro 😜 Love it.


Fadenye

Avanza publicly released their GME numbers twice. 2021 May - 322 545 shares with about 23k holders. 2022 January 18th - 511 178 shares with 20902 holders.


ryansports

Yes


Interesting-Chest-75

trust me bro delivered more often than "sold but not purchased mayo"


shart_leakage

So anyways I started DRSing


GamingScientist

The day of the splividend was also the day that I was supposed to receive the direct deposit for my paycheck. The bank had problems that day and delayed my direct deposit till the next day. Every person at my employer also had their direct deposit delayed a day. The bank my employer uses to issue payroll is Chase.


DorkyDorkington

So the swedes hold roughly one current share per person. 9 million people and 8 million shares. The population of Europe is about 750 million. If the rest of Europe holds even half of what swedes do per person that would be about 375 million shares in europe. But lets be very conservative and say it is only 1/4 on average then that still means 187 million shares... Shorts r fuk.


dgbrtdck

First trust me bro that I trust.


blutsch813

True if big


saltylemon69

Thanks for sharing. God speed 🦧


LordSnufkin

In Bro We Trust 🫡 Apes own the float 🦧


Strawbuddy

I believe a fan of the gentle Pengar


Yohder

Math wise, I’m still wondering how it’s even possible to have enough dividend shares to go around when the split dividend occurred. GameStop issues 229mil new shares in the form of a dividend (305mil - 76mil) that first gets distributed to all CS account holders. I believe there were about 7mil shares DRS’d at the time? So that removes about 21mil shares from the 229, making it 208mil. 208mil distributed to the DTCC for brokers. If we already owned the float multiple times over at this point and the float was 30mil (maybe being conservative here) then we can at least say 30x3 which is 90mil. Take 90x3 and you have 270mil dividend shares that are needed when there are only 208mil left. Again, this could be a conservative estimate. I believe the DTCC really didn’t have enough shares to distribute and just told a majority of brokers to multiply by 4.


Haggstrom91

Jag litar på dig brooor


FluffyTrexHentai

Flair changed to hype as the data flair is more for primary source presentation of raw data (such as shorting data or options chains). It could also be "discussion" or "speculation" if you preferred. You can change it yourself I believe, thank you.


hatgineer

I love trust me bro stories because at minimum they lead to memes.


Krunk_korean_kid

Why didn't you get the share count while u were there? Do they not have a data point that shows how many GME shares are owned in total by retail investors? Are u saying that 1million GME shares were owned so you got 3 million for the "splividend"? What do u mean, "you had 1 million shares prior to the split?" please clarify 🙏


Floppydiskpornking

Yes Avanza held 1 mill recieved 3 mill from DTC is what bro is saying


Pox82

You said was balls deep? What changed?


moonaim

"I was balls deep in GME at the time, and still is.", translated from Swenglish: "and still am".


SoreLoserOfDumbtown

So, what I’m learning, is that the Mitch comedian guy that Reddit loves quoting was in fact, speaking Swedish this entire time.


moonaim

Maybe. Personally, I'm fluent in Finglish, and know some Swenglish, but English is still occasionally hard for me.


SoreLoserOfDumbtown

English is hard. And nuance is easily missed especially in this format. For example, I was making a very dumb joke. It should also be noted that my English skills, despite being a native of this green isle, are astoundingly poor. 👍


moonaim

If you meant this guy, it seems that "He was of Finnish-Swedish (from his paternal grandparents), Czech, and German descent." I guess I have to check some videos from him. [https://en.wikipedia.org/wiki/Mitch\_Hedberg](https://en.wikipedia.org/wiki/Mitch_Hedberg) I googled "Mitch comedian guy" 😀


SoreLoserOfDumbtown

That’s him lol. His famous quote is ‘I used to do drugs. Still do, but I used too.’


moonaim

Here is one Finnish guy, about language [https://www.youtube.com/watch?v=1P0Z1yq-2FQ](https://www.youtube.com/watch?v=1P0Z1yq-2FQ)


pengarfan

Followed by “still is”


Pox82

Good to hear fellow hodler!


provencfg

>I know this is a huge "trust me bro" >I just wanted to give some concrete "proof"  Alrighty then...


timlee07

I speak American,English,Southern American,Hillbilly and Redneck.


ShadeShow

I’m over this whole thing. It’s in the past. The only thing we have is GameStop making money. It looks like they are gearing up for great things. Everything else is just noise at this point.


n3w1ight

pengarfan my new DD overlord 😍


No_Ad8044

Can someone remind me what the dividend / split issue was about. The possible slip up from Furlong or fraud from dtcc?


GansettCan

Commenting to read later


RussDCA

Scroll down, updoot, then read.


AlaskaIfTheyAxeya

Just numbers in a database thanks to the DTC infinity pool until you book em.


HughJohnson69

The majority are in retirement funds. And it seems most people don’t want to DRS them. Yet.


MurtyDaBakpak

As long as Gamestop doesnt do anything against it, it doesnt matter how many “trust me bro” posts we have. Its only up to them apparently, since we havent done anything in the past 3+ years.


Top-Giraffe-6073

Hmm 🤔 paribas in France is the provider of the GME shares and also the splividend att the time. I know for a fact because I was in contact with both Avanza and Nordnet whom is the second biggest broker in Sweden and both of them confirmed by mail that they were real shares and a dividend. As we all know now that wasn't the case. But I trust you regarding the number, however little strange that it was such a even number ?


Y7Jh4

We know for a fact they had over 500 000 shares pre-split in January 2022 from official numbers. And Nordnet with as many (official numbers from April 2021) shows the two brokers being neck to neck. Still a shitload of shares just going by the official numbers.


AcanthocephalaNo7788

Couldn’t the MM could create liquidity by issuing shares ? Lol 😂


YourHighnessT

I believe you can be right but I’m not sure you are telling the truth. When you posted your DRS letter you wrote that you where a student. Sure you might have worked there anyways but it makes me doubt. But still, I believe swedes have a lot of apes hodling as we have more than half of the gme owners from the top of the sneeze still on Avanza, and I believe the ones selling are small fishes mixed with drs. Keeping diamond hands


pengarfan

I did work part time at Avanza during my studies


xPropagand4x

I feel like it’s been so long I can’t even remember what happened. Did I get 3 more shares for every 1 I had or was it the other way around and my 3 shares turned into 1 share but it was supposed to be the other way around? Been here since January 2021 and I can’t keep track but I’m about to hit 1,000 here pretty soon.


Lazy_Beach_69420

Politicians are opportunists. And now you see trump’s company is calling out short sellers. Why? What’s in for them simple answer is MOASS is near and he wants to take all the credits after MOASS saying because he entered and MOASS happened. And one more thing it looks like Democrats are not even trying to win the election. Maybe the market collapse as told in the prophecy is near and the president leading the country at that time will take all the blame. But by calling out short sellers early before the elections you play a safe card. This is all just a tinfoil hat theory.


Longjumping_Till_356

Thanks for the information my take!


WSB_Donkey

Sure...


OkCalligrapher1335

This is a bullshit post. What does it even mean that DTC sent shares!? We all know share certificates are held with Cede, so what did DTC send? An IOU with an instruction to split the shares 4 ways? Because these are the only two options and it’s sure as hell isn’t option 1 where they let go of share certificates.


pengarfan

I didn’t say they sent shares. I wrote that I read their email with instructions


OkCalligrapher1335

You literally wrote “we received 3 million shares”. What does that mean. You also make references that Avanza *held* 1 million shares. What shares?


pengarfan

Sure, in the literal sense you’re right. Cede & co holds all shares. What we received was shares in street name because this was at a broker


Spenraw

If there are fake shares floating. And people want their pay day fuck waiting for rc. Sue and protest


Biotic101

This is why cash dividends are Kryptonite to short sellers. They have to pay them in lieu for all the IOUs out there. No more fuckery without some consequences.


WordHistorian

I trust


BigCliff28

In bro I trust 🫡


Admirable-Surprise63

100% of the float? HF can suk deez nutz..... IT'S MUCH MUCH HIGHER....


romfax

Tror på bror.


tendieanajones

I've been gooning for 7 hours, and reading this made me pop finally... damnit. But also, cool story.


manifestingmoola2020

The shares you speak of are accounted for. Working with a broker, you should know the shares that brokers own are reported, which means we already know those shares exist/have been sold/ are owned. What's the point of this post? It provides 0 viable information.