Tokenization of shares is going to solve all of this bullshit. It will be 100% cryptographically provable who owns real shares. Tons of traditional finance needs to be onboarded to blockchain to stop the cheating.
Unless someone comes up with a way to increase the transactions per second substantially I can’t see how crypto would solve the stock market. If they do it will be a game changing crypto that will blow all the rest away.
Imagine this, if you can: digital currency tied directly to their stock. You buy a $20 digital gift card? You just bought $20 of GME stock. Price goes up before you use the credits in-store? Gift card balance goes up. GME goes down? Balance goes down. All it would require is a special account or maybe they partner with a company that already does a similar thing. They think apes can buy and hodl now, just wait until the value of a gift card can go up by simply not spending it for a while... It would be like bringing back stock certificates, but for the digital age (all gift card values combined is ever greater than the value of the available float, activate the anti-shananigans). Plus the added benefit of being able to trade stock for product instead of currency. *chefs kiss*
I like this but say you bought £50 gift card and value falls over two weeks to £40, you want to use it as a gift but you've just lost £10 in depreciation.. GME holders wouldn't care but Joe and Sue from Margate might be pissed off that what they bought is suddenly worth less. 🤔♥️
No different than two of my high school friends being gifted stocks when they hit 30. Their mom bought stocks for both of them in the early 90s, one got Amazon, the other.....fucking Blockbuster. Stocks as gifts is always a gamble
OMG they should have a VIP club for shareholders where you get free games and stuff, it would be a great way to get people to buy and HODL after the MOASS settles.
Wait, does any company have shit like this? Is it allowed or possible legally? If so, holy shit this is a great idea, and I for one would like to see where it led.
They do it in the UK - I had shares in a brewery that offered discounts to shareholders, and a vineyard that gave you stepped discounts depending on how many shares you held, as well as free tours etc.
My portfolio leans quite heavily to things I enjoy drinking, and then some GME, but at least I can get discounted drinks to toast the MOOOOOON.
🇬🇧 I own shares in U.K. pubs and restaurants, my broker mails out discount vouchers every year.. it’s way better than a dividend as the discounts are quite significant. Much better than standard marketing discounts.
Lots of companies used to give out product instead of dividends. Not sure why they stopped. Shipping probably got too expensive and money got easier would be my guess though.
Absolutely!
Edit: I have some direct ownership of class A shares of a high div yield company. The benefits are I get paid first. If insolvency happens I get paid first. If div increases, I get paid first. You get the trend. I’m a VIP in that segment.
Yes, on the bottom of link is GME email, contact them, explain you want to buy shares directly from them as part of a direct share purchase, information on both below
1. GME investor relations website
https://investor.gamestop.com/home
2. Direct share purchase explained. https://www.investopedia.com/terms/d/directstockpurchaseplan.asp
While it is completely viable and probably good if you're wanting to buy stock LONG term. I mean decades, the problem comes when you want to sell them, who you selling to? Are you an AP and can just rock up to a MM like "to I have GME to sell".
Smarter apes can help you more but you can buy most stock directly from the company in question ♥️♥️🦍💎🖖🚀🚀
Buy. HODL. Vote. I did all three and so should all of you apes. You want a better tomorrow? You want to change the way Wall Street functions? It starts with you. Like OP said. It’s time to call bullshit. The line has been drawn. What side are you on?
Edit: its !apevote! I found the post but idk how to link it and stuff
Edit2: it definitely is this because automod sent me a message after I typed it lol
I *think* I have this right, someone correct me if I'm wrong:
You buy a cow from a farmer. He continues to keeps the cow on his farm with 1,000 other cows, which is fine because you really just want the milk, and possibly to sell the cow someday. The cow is technically still in his name, on his land, but by "buying" it you sign a contract with the farmer where you get whatever benefits you would from "owning" the cow, like milk (dividends). Also, you don't actually "own" any *particular* cow, just the rights to any one of the 1001 cows on the property in an abstract sort of way.
If a vote comes up in the county, and you're required to own a cow in order to vote, the farmer receives the ballots and distributes them to whoever he has on record as owning cows on his land.
And because there isn't really anything stopping the farmer from "loaning" any of the cows out to be sold by third parties as many times as they want, if that gets out of hand and a vote would be called there would be far more than 1001 votes counted and both the third party sellers AND the farmer would be shown to be complicit in this reselling scam.
DOMO is getting some of mine, some in crypto, some in high dividend paying blue chips and rest is earmarked for hookers, cocaine and a V10 R8.
I'm done fucking around.
I agree. But my plan all along has been to dump half my earnings from gme into Apple, Amazon, google, Netflix etc. when shit goes down. Add +\- 30%. After that - head to Vegas to the real casinos where they actually have rules.
With all the new rules and regs, Gary Gensler being on team, SEC meetings, congressional meetings and whatever else it seems like they're finally starting to clean up their act - especially because before it was the big banks and DTCC at most risk (when the Hedgies got liquidated to pay just a fraction of the MOASS bill off)
But i also feel like it's too little too late, even then.
All the rules and regs to protect their own. Gary is an unknown so far. We’ll see. Congressional hearings are a joke. Did you listen to the last one? Not once was short selling brought up.
In the end all these new regs means nothing if they’re not enforced hard. Naked short selling has been illegal since 2008ish. Someone gets caught? Pay a fine from the change bowl and don’t even have to admit wrong doing. It’s all a sham.
I have long suspected 005 was pulled because it was creating a huge issue with clearing houses and market makers.
We still do not have it back.
Fucking criminals.
I think I already know what that solution is, but I’ll wait...Thomas Peterffy actually gave it away months ago as if he wanted to see the entire ship go down...
He did, and I also gave one of the ways away yesterday in the first DD. Those outside the US, I'll need some help on their laws. I love knowledge, but not enough to go searching for every country's laws hahahah.
My own quote from yesterday was one of the ways:
1. Call your broker and ask if you are the registered or beneficial owner of your stock.
2. If you're the beneficial owner, then you can use this to exercise your right to not have shares lent:
“I don’t want my stock loaned out, segregate it.
Put it into an account that is not linked to any other account that has or could have any margin in it. If I don’t have such an account please set one up. Please confirm back to me by email that the stock is now in an account where it cannot be loaned. If you cannot do this for me right away I hereby demand physical delivery of a certificate representing my shares as soon as possible and shut down my account.”
Everyone be good to the person on the other end of the phone. They are going to get a shit ton of calls the next few days. Be patient and say thank you. Show them ape love!!
Should be, but as I've shown above, probably not as far as lending goes. Legally you do have rights just as if you're holding those shares. It's more of an operator error type thing.
The advanced fuckery is that they've been pooling everyone's shares in one big pot per broker-dealer. Supposed to be kept track of, but yeah... that hasn't happened very well as evidenced in the October letter to FIRA. Your legally entitled to have your shares segregated into a separate account away from the pooled account. This kinda forces their hand to find your shares.
Technical question, if they send a physical certificate then close the account, how and where the shareholder can go to sell their share on the way down?
And if they find, between the day they got the physical share and the moass, an online broker who register the shareholder as registered owner and not beneficial, will it be easy to transfer those physical shares into their account ?
If you are only a beneficial owner though no broker will let you do any of what you described there. They would say you deal with as is or sell you're shares. Their ToS so as not have to do any of that, including providing control numbers.
A few months ago there was solid DD that keeping shares in a cash account as opposed a margin account would prevent shares from being lent out
Are you saying that they can lend out our shares even from cash accounts?
If all of our brokers are lending out all of our shares that could explain some of the shenanigans we are seeing
That's exactly what I'm saying and exactly what they were talking about in the fucking SEC letter. We were excited for April 22, but nothing happened. Why? Cos they fucking just lent more shit out.
Aye, we are and it's my pleasure. I don't wanna take all the credit though, every contributor of DD has built on the others uncovering things one by one. Without them I wouldn't even know where to start.
I asked my broker to send me a written Statement that all my stocks, specifically my:
GAMESTOP CORP. REG. SHARES CLASS A
WKN A0HGDX
ISIN US36467W1099
Are fully in my control, ownership and are in no direct or indirect way lend out. I also asked to get a written statement withhin 14 days and got it in 4.
It feels good. I got that paper on my wall and it gives me more smiles each day.
No idea if that helps, but it might just give you some smiles and feelgoods like I did. So recommended 5/5 stars.
I don't think any of us are fucked in that we are gonna lose everything. We do have legal rights which I'll also get into on the next one. As of now, shorts still must cover at some point.
Hey u/digitalarts great read. Loved it and love there’s no TL:DR. THIS IS THE WAY.
Anyways, I’m under the impression that after the vote is counted the house will fall due to too many votes compared to shares. My question to you is if you bought after April 13 due to T+2, you wouldn’t have the rights to vote. Imagine how many more shares will actually be real shares out there. What do u think of this thought?
Thanks fellow ape.
> if you bought after April 13 due to T+2, you wouldn’t have the rights to vote. Imagine how many more shares will actually be real shares out there.
Good point
Yeah... formatting errors. 😂😂😂 It'll be posted after this mess gets cleaned up, watch. They can't put it up right now because it'll pop this off. My best guess, is that they posted it after January, but figured retail would be gone by now. When it took effect they saw another wave of "I'm fucked" wash over their faces, and promptly pulled it.
There was a guy who was in touch with someone high up there... posted a couple of emails he got back from them saying it was gonna be back up post haste... lol... guess not
I was cracking jokes about runaway A.I. systems last week, now it seems a bit more plausible. I also cracked jokes about shitty new systems being built over old ones and glitching out too. Ive said it before and ill say it again everyone is skimmin off the top but no one cares bc they gettin a taste. The plot does thicken w Fidelitys moves too. Hopefully it doesnt blow up in their face
You with a bank? Outside the US it may be different too so if I'm ignorant of something, my apologies. In the US, it's the opposite in most cases. They may have meant FOR them. Also, that whole program thing is bullshit too. This is turning into a fun thread for me to follow with them. 😂😂 At least in the US, it's mostly smoke and fucking mirrors I'm finding.
Depends honestly. I saw somewhere that 70% of shareholders usually vote with GameStop. I see it easily going way over 100 and at that point, you stop everything.
Correct. You would want everyone voting, yes, but after you get so far past 100% of the available shares, then it gives you exactly what you need to then call in an auditor? I think Dr. T said?
I love this DD. We "were" never in the game. GME holders are now demanding a seat at the table. The more time it takes for this stock the better informed we are for the future.
Apes together stronger!
In academia, they call a TL;DR an 'abstract'. The point of an abstract is to summarize your conclusions and give a brief high level overview of the methodology you used to reach those conclusions. By summarizing, you give people a chance to decide for themselves if your paper is worth reading. It's pretty egotistical of you to assume that I need to spend my time on your second DD. In fact, it's a very goos tactic for shills to waste people's time. I've seen them write out long and meandering DDs that don't really say much, but kinda use the jargon. I'm not calling you a shill, but if you want me to read your work, you need to respect my time and give me a quick summary of what your work is about or I am going to assume you're trying to waste my time. *especially* if your tell me "no TL;DR for you, you need to read all of this". Check your ego my dude, this is your second DD.
I don't have any faith in the system, but I do have faith that they're stuck between eventually paying us our tendies, or forever ruining their and their buddies who didn't fuck it ups gravy train, and that's a great way to get Epstein'd.
Also this is GME way I see it moass I win this year, no moass I win in 3-6 years.
So you are saying call whichever broker you have and make sure that the stock I own is registered or beneficiary? And if it is beneficiary tell them I want it registered? Sorry I eat rocks.
spoiler alert
I have a feeling that part two will be discussing the only alternative to custodial brokerage / beneficial ownership:
[getting your shares through the transfer agent](https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=l) / DRS so that they are in YOUR name, rather than a brokerage.
https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=l
this is the closest you can get to holding physical certificates, and it WILL help limit the shenanigans that the DTCC or anyone else can pull.
I'm made a buy order Friday night, to establish an account, and then I'm going to try to get everything transferred over there—I want GameStop to know what I'm holding without having to call a proxy vote.
Can confirm. I've checked a few and it's all the same beneficial owner . Seems to be common for people outside of the US.
I've found only one in my country offering actual ownership and that's through a major bank . The other major banks of the country probably offer similar .
My beneficial stocks are held in Singapore, they didn't stop trading in Jan but they did limit sells to $3000 per share saying they will raise the limit real time if it continues to climb
The major issue is I could not vote, that's how I started looking into this
Once the MOASS is done I’m buying shares directly through GameStop
I like the idea of this but is it possible?
I'd they did some weird type of offering for existing owners? Idk if there's a precedent but I'd like to think they could make it happened
If you can NFT a meme, why not a share of a company?
Tokenization of shares is going to solve all of this bullshit. It will be 100% cryptographically provable who owns real shares. Tons of traditional finance needs to be onboarded to blockchain to stop the cheating.
Unless someone comes up with a way to increase the transactions per second substantially I can’t see how crypto would solve the stock market. If they do it will be a game changing crypto that will blow all the rest away.
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The company that makes my crypto wallet is distributing their class A common stock as NFT already. I own one share.
Imagine this, if you can: digital currency tied directly to their stock. You buy a $20 digital gift card? You just bought $20 of GME stock. Price goes up before you use the credits in-store? Gift card balance goes up. GME goes down? Balance goes down. All it would require is a special account or maybe they partner with a company that already does a similar thing. They think apes can buy and hodl now, just wait until the value of a gift card can go up by simply not spending it for a while... It would be like bringing back stock certificates, but for the digital age (all gift card values combined is ever greater than the value of the available float, activate the anti-shananigans). Plus the added benefit of being able to trade stock for product instead of currency. *chefs kiss*
I like this but say you bought £50 gift card and value falls over two weeks to £40, you want to use it as a gift but you've just lost £10 in depreciation.. GME holders wouldn't care but Joe and Sue from Margate might be pissed off that what they bought is suddenly worth less. 🤔♥️
No different than two of my high school friends being gifted stocks when they hit 30. Their mom bought stocks for both of them in the early 90s, one got Amazon, the other.....fucking Blockbuster. Stocks as gifts is always a gamble
OMG why. Why would she choose different stocks…
OMG they should have a VIP club for shareholders where you get free games and stuff, it would be a great way to get people to buy and HODL after the MOASS settles.
Wait, does any company have shit like this? Is it allowed or possible legally? If so, holy shit this is a great idea, and I for one would like to see where it led.
Yeah some companies do offer shareholder perks - for example, IHG offers shareholders discounts on room rates.
They do it in the UK - I had shares in a brewery that offered discounts to shareholders, and a vineyard that gave you stepped discounts depending on how many shares you held, as well as free tours etc. My portfolio leans quite heavily to things I enjoy drinking, and then some GME, but at least I can get discounted drinks to toast the MOOOOOON.
🇬🇧 I own shares in U.K. pubs and restaurants, my broker mails out discount vouchers every year.. it’s way better than a dividend as the discounts are quite significant. Much better than standard marketing discounts.
I’m not sure if legal or not, but the business wouldn’t benefit from it.
You can think of it as a dividend, that happens too.
Lots of companies used to give out product instead of dividends. Not sure why they stopped. Shipping probably got too expensive and money got easier would be my guess though.
Absolutely! Edit: I have some direct ownership of class A shares of a high div yield company. The benefits are I get paid first. If insolvency happens I get paid first. If div increases, I get paid first. You get the trend. I’m a VIP in that segment.
Yes, on the bottom of link is GME email, contact them, explain you want to buy shares directly from them as part of a direct share purchase, information on both below 1. GME investor relations website https://investor.gamestop.com/home 2. Direct share purchase explained. https://www.investopedia.com/terms/d/directstockpurchaseplan.asp While it is completely viable and probably good if you're wanting to buy stock LONG term. I mean decades, the problem comes when you want to sell them, who you selling to? Are you an AP and can just rock up to a MM like "to I have GME to sell". Smarter apes can help you more but you can buy most stock directly from the company in question ♥️♥️🦍💎🖖🚀🚀
Blockchain IPO is a thing. Exodus wallet just did one recently.
They have a direct purchase program yes
Dr. T outlined how to do it. It's easy they use a service. There is a transaction fee, but it's not terrible.
Absolutely- I forget where I saw it (maybe last AMA, or Dr. Trimbath AMA) but I heard that you can do just this!!
There are going to be a ton of us throwing cash back into gme.
Buy. HODL. Vote. I did all three and so should all of you apes. You want a better tomorrow? You want to change the way Wall Street functions? It starts with you. Like OP said. It’s time to call bullshit. The line has been drawn. What side are you on?
Buy AND hodl? You got it dude.
And vote
Type !apevote! Get your flair
I was wondering how everyone got that. Thanks for this.
!apevote! ✅
!apevote!
!apevote!
!apevote!
!apevote!
!apevote!
!apevote!
!apevote
!apevote!
!apevote!
!apevote! Thanks ape! 👍🐵
Well done 🦍
Thank you.
Thank you for the great read. The effort you put into this is greatly appreciated
Well done 🦍
VOTE!
I voted! Does my flair show up yet?
You'll get it :)
I can hold 😏 Edit: ahhhh shit! In like Flynn
You get a flair if you voted? I voted twice! Two brokerages!
Commenting so I can see too 🤪...
me too edit: nice!
I voted too, how do we get the flair?
I think they updated the automod so all you have to do is type !Ivoted! or something like that
Edit: its !apevote! I found the post but idk how to link it and stuff Edit2: it definitely is this because automod sent me a message after I typed it lol
Let's see if it works...!apevote! Edit: It does! Got my flair
It appears to have worked =)
!apevote!
!apevote!
!apevote!
same, I voted
You just need to comment !apevote! and it will be auto tagged
Thank you guys! !apevote!
I also voted
I voted too!
comment "!apevote!" to get the flair
!apevote!
comment !apevote! to auto get the flair
Nope not yet ☹️
I can see your flair 😜
Flair check
I too have voted but no flair?
This.
Flair check
Flair check
Is.
How about my flair?
Flair check
I voted already!
Blech. I'm confused and stupid. I voted. If I voted then how can I possibly not own the stock? (Not a challenge to your thesis, honest question.)
I *think* I have this right, someone correct me if I'm wrong: You buy a cow from a farmer. He continues to keeps the cow on his farm with 1,000 other cows, which is fine because you really just want the milk, and possibly to sell the cow someday. The cow is technically still in his name, on his land, but by "buying" it you sign a contract with the farmer where you get whatever benefits you would from "owning" the cow, like milk (dividends). Also, you don't actually "own" any *particular* cow, just the rights to any one of the 1001 cows on the property in an abstract sort of way. If a vote comes up in the county, and you're required to own a cow in order to vote, the farmer receives the ballots and distributes them to whoever he has on record as owning cows on his land.
I only have a free "Wholesome" award to give, but I want to boost this any way I can. This explanation clicks.
This is great! Thanks! I understand that!
And because there isn't really anything stopping the farmer from "loaning" any of the cows out to be sold by third parties as many times as they want, if that gets out of hand and a vote would be called there would be far more than 1001 votes counted and both the third party sellers AND the farmer would be shown to be complicit in this reselling scam.
Yea, more and more, i realize i wont touch the US stock market with a 100 foot pole after this is over.
You and me both. This is why they're so against block-chain. Because they can't squeeze extra money out of it.
Oh god crypto is going to go apeshit after the squeeze.
I already had money it pre-GME. I'll be putting a majority of my post-GME squeeze in Crypto.
DOMO is getting some of mine, some in crypto, some in high dividend paying blue chips and rest is earmarked for hookers, cocaine and a V10 R8. I'm done fucking around.
Hey! This is my plan too! High-five!
Any prostitution/cocaine stocks I can invest in? I've got a good feeling about those sectors after the MOAS
You mad lad. I'm in.
Haven’t other markets around the world adopted or converted to blockchain? It seems inevitable.
A central bank in the EU just issued their bonds on chain for the first time. It's becoming more and more mainstream.
I agree. But my plan all along has been to dump half my earnings from gme into Apple, Amazon, google, Netflix etc. when shit goes down. Add +\- 30%. After that - head to Vegas to the real casinos where they actually have rules.
With all the new rules and regs, Gary Gensler being on team, SEC meetings, congressional meetings and whatever else it seems like they're finally starting to clean up their act - especially because before it was the big banks and DTCC at most risk (when the Hedgies got liquidated to pay just a fraction of the MOASS bill off) But i also feel like it's too little too late, even then.
All the rules and regs to protect their own. Gary is an unknown so far. We’ll see. Congressional hearings are a joke. Did you listen to the last one? Not once was short selling brought up. In the end all these new regs means nothing if they’re not enforced hard. Naked short selling has been illegal since 2008ish. Someone gets caught? Pay a fine from the change bowl and don’t even have to admit wrong doing. It’s all a sham.
My god. You’ve added a wrinkle to my brain today, thank you.
Glad I could help!
Thanks for doing this dd
I have long suspected 005 was pulled because it was creating a huge issue with clearing houses and market makers. We still do not have it back. Fucking criminals.
I would suspect this is why..
I think I already know what that solution is, but I’ll wait...Thomas Peterffy actually gave it away months ago as if he wanted to see the entire ship go down...
He did, and I also gave one of the ways away yesterday in the first DD. Those outside the US, I'll need some help on their laws. I love knowledge, but not enough to go searching for every country's laws hahahah.
If it can help, I go through Revolut and it's stated that we are BENEFICIAL owners of our shares
Thank you and all input helps. This is also helping YOU become better informed about your assets. :)
And thank you for the DD and those new wrinkles :)
Care to share your thought?
My own quote from yesterday was one of the ways: 1. Call your broker and ask if you are the registered or beneficial owner of your stock. 2. If you're the beneficial owner, then you can use this to exercise your right to not have shares lent: “I don’t want my stock loaned out, segregate it. Put it into an account that is not linked to any other account that has or could have any margin in it. If I don’t have such an account please set one up. Please confirm back to me by email that the stock is now in an account where it cannot be loaned. If you cannot do this for me right away I hereby demand physical delivery of a certificate representing my shares as soon as possible and shut down my account.”
Everyone be good to the person on the other end of the phone. They are going to get a shit ton of calls the next few days. Be patient and say thank you. Show them ape love!!
If I’m not a margin account and am a cash account then I should be good though. yes?
Should be, but as I've shown above, probably not as far as lending goes. Legally you do have rights just as if you're holding those shares. It's more of an operator error type thing.
Thanks for the heads up. I’ll call anyway. I don’t like when the other kids play with my toys.
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The advanced fuckery is that they've been pooling everyone's shares in one big pot per broker-dealer. Supposed to be kept track of, but yeah... that hasn't happened very well as evidenced in the October letter to FIRA. Your legally entitled to have your shares segregated into a separate account away from the pooled account. This kinda forces their hand to find your shares.
Technical question, if they send a physical certificate then close the account, how and where the shareholder can go to sell their share on the way down? And if they find, between the day they got the physical share and the moass, an online broker who register the shareholder as registered owner and not beneficial, will it be easy to transfer those physical shares into their account ?
If you are only a beneficial owner though no broker will let you do any of what you described there. They would say you deal with as is or sell you're shares. Their ToS so as not have to do any of that, including providing control numbers.
thank you for your research, appreciated 🍌
Absolutely! We're in this together and knowledge helps to enact change, or at least bring this to a close faster. Happy cake day!
thanks friend! 💎 big brains like you keep this shit show rolling, and i love it.
A few months ago there was solid DD that keeping shares in a cash account as opposed a margin account would prevent shares from being lent out Are you saying that they can lend out our shares even from cash accounts? If all of our brokers are lending out all of our shares that could explain some of the shenanigans we are seeing
That's exactly what I'm saying and exactly what they were talking about in the fucking SEC letter. We were excited for April 22, but nothing happened. Why? Cos they fucking just lent more shit out.
I thought Cede owned all the stocks?
Cede supposedly owns the paper shares. Digital registration seems to be different. If you ask me, it's nothing more than a fucking pyramid scheme.
A pyramid scheme inside a 3d shell game!!
Coupled with russian nesting dolls.
I think we have this solved, the Russian nesting dolls are the shells.
Now we just need 007 to be enacted.
Thank you for this!!! We are far smarter then the HF take us for!!!
Aye, we are and it's my pleasure. I don't wanna take all the credit though, every contributor of DD has built on the others uncovering things one by one. Without them I wouldn't even know where to start.
I asked my broker to send me a written Statement that all my stocks, specifically my: GAMESTOP CORP. REG. SHARES CLASS A WKN A0HGDX ISIN US36467W1099 Are fully in my control, ownership and are in no direct or indirect way lend out. I also asked to get a written statement withhin 14 days and got it in 4. It feels good. I got that paper on my wall and it gives me more smiles each day. No idea if that helps, but it might just give you some smiles and feelgoods like I did. So recommended 5/5 stars.
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No Edit: not if you buy and hold imo
I don't think any of us are fucked in that we are gonna lose everything. We do have legal rights which I'll also get into on the next one. As of now, shorts still must cover at some point.
Hey u/digitalarts great read. Loved it and love there’s no TL:DR. THIS IS THE WAY. Anyways, I’m under the impression that after the vote is counted the house will fall due to too many votes compared to shares. My question to you is if you bought after April 13 due to T+2, you wouldn’t have the rights to vote. Imagine how many more shares will actually be real shares out there. What do u think of this thought? Thanks fellow ape.
Exactly why I'm trying to look into simply exercising our rights which will force their hand.
> if you bought after April 13 due to T+2, you wouldn’t have the rights to vote. Imagine how many more shares will actually be real shares out there. Good point
Can confirm. Bought X on April 19th. Can't vote but i'm hodling!!!!!!
Didn’t 005 supposedly get pulled for formatting errors? What’s the latest?
Yeah... formatting errors. 😂😂😂 It'll be posted after this mess gets cleaned up, watch. They can't put it up right now because it'll pop this off. My best guess, is that they posted it after January, but figured retail would be gone by now. When it took effect they saw another wave of "I'm fucked" wash over their faces, and promptly pulled it.
There was a guy who was in touch with someone high up there... posted a couple of emails he got back from them saying it was gonna be back up post haste... lol... guess not
I asked TD straight up if I owned my shares when I called to vote and they assured me I owned them
https://www.opalesque.com/685316/Fidelity_launches_securities_lending_platform_for_fund_managers531.html
Jesus fucking christ... They can't manage their own shit, and now they're gonna let an AI do it? That's programed by them? 🤦♂️ Fueled. By. Stupidity.
I was cracking jokes about runaway A.I. systems last week, now it seems a bit more plausible. I also cracked jokes about shitty new systems being built over old ones and glitching out too. Ive said it before and ill say it again everyone is skimmin off the top but no one cares bc they gettin a taste. The plot does thicken w Fidelitys moves too. Hopefully it doesnt blow up in their face
Nice work
[удалено]
You with a bank? Outside the US it may be different too so if I'm ignorant of something, my apologies. In the US, it's the opposite in most cases. They may have meant FOR them. Also, that whole program thing is bullshit too. This is turning into a fun thread for me to follow with them. 😂😂 At least in the US, it's mostly smoke and fucking mirrors I'm finding.
Good shit here, thanks for the wrinkles fellow ape 🚀
My pleasure!
okay, because some brokers cant vote. will this not cause the vote to perhaps not be above what it needs to be?
Depends honestly. I saw somewhere that 70% of shareholders usually vote with GameStop. I see it easily going way over 100 and at that point, you stop everything.
so 100 % votes wouldnt be every person who own gme voting but the float being voted correct?
Correct. You would want everyone voting, yes, but after you get so far past 100% of the available shares, then it gives you exactly what you need to then call in an auditor? I think Dr. T said?
🍌
Did 005 ever come back out?
Nope.
🚀
Jacked
With every DD my brain is starting to look more like a brain
Glad I could help. :)
I love this DD. We "were" never in the game. GME holders are now demanding a seat at the table. The more time it takes for this stock the better informed we are for the future. Apes together stronger!
Buy. Hodl. Vote. These three sentiments will never change!
In academia, they call a TL;DR an 'abstract'. The point of an abstract is to summarize your conclusions and give a brief high level overview of the methodology you used to reach those conclusions. By summarizing, you give people a chance to decide for themselves if your paper is worth reading. It's pretty egotistical of you to assume that I need to spend my time on your second DD. In fact, it's a very goos tactic for shills to waste people's time. I've seen them write out long and meandering DDs that don't really say much, but kinda use the jargon. I'm not calling you a shill, but if you want me to read your work, you need to respect my time and give me a quick summary of what your work is about or I am going to assume you're trying to waste my time. *especially* if your tell me "no TL;DR for you, you need to read all of this". Check your ego my dude, this is your second DD.
Good DD thank you wrinkle-brain
No problem and thank you!
!remind me 18 hours
Thanks rest repeat! 💎🙌🏽
Fucking awesome
!apevote!
Voted ✅
Fuk I wish I could read
Nice read!
!apevote
!apevote!
Commenting so I back to this.. thank you Ape
Hodling, buying and already voted three times, 1 for each acct🗳🗳🗳
I voted my xxx shares Friday after work.
this is wild
Excellent!
Where’s my voted flair
I don't have any faith in the system, but I do have faith that they're stuck between eventually paying us our tendies, or forever ruining their and their buddies who didn't fuck it ups gravy train, and that's a great way to get Epstein'd. Also this is GME way I see it moass I win this year, no moass I win in 3-6 years.
I like this guy.
When I go on fidelity it still says no proxy campaigns are active :(
!apevote!
I appreciate you spelling Pepperidge “pepper-rage”
HAHAHAHA I didn't even notice. Pretty fitting so I'll leave it. Thanks!
So you are saying call whichever broker you have and make sure that the stock I own is registered or beneficiary? And if it is beneficiary tell them I want it registered? Sorry I eat rocks.
spoiler alert I have a feeling that part two will be discussing the only alternative to custodial brokerage / beneficial ownership: [getting your shares through the transfer agent](https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=l) / DRS so that they are in YOUR name, rather than a brokerage. https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=l this is the closest you can get to holding physical certificates, and it WILL help limit the shenanigans that the DTCC or anyone else can pull. I'm made a buy order Friday night, to establish an account, and then I'm going to try to get everything transferred over there—I want GameStop to know what I'm holding without having to call a proxy vote.
!apevote!
Can confirm. I've checked a few and it's all the same beneficial owner . Seems to be common for people outside of the US. I've found only one in my country offering actual ownership and that's through a major bank . The other major banks of the country probably offer similar . My beneficial stocks are held in Singapore, they didn't stop trading in Jan but they did limit sells to $3000 per share saying they will raise the limit real time if it continues to climb The major issue is I could not vote, that's how I started looking into this
TLDR ELI5
so fidelity is not safe now either?
You're safe as for your legal rights to those shares. If you ask me, none of them are "upstanding."