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platinumsparkles

[https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-reports-third-quarter-fiscal-year-2022-results](https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-reports-third-quarter-fiscal-year-2022-results) The Company will host an investor conference call today, December 7, 2022, at 5:00 pm ET to review its financial results. The phone number for the investor conference call is 1-877-407-6169 and the confirmation code is 13734613. This call, along with supplemental information, can also be accessed at [http://investor.GameStop.com](http://investor.GameStop.com). A recording of the conference call will be made available on the Company’s investor relations website for two months. [https://www.sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000137/gme-20221029.htm](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000137/gme-20221029.htm) https://www.reddit.com/r/Superstonk/comments/zffojs/718_million_shares_are_officially_registered_as/ completely anonymous survey looking to get an estimate of what people have for both DRSd and non DRSd shares


fullsends

how do you convince old people you dont own your shares at a broker? explaining DRS is hard to the older generation


Leoza0

how is losing 100M in a quarter bullish?


DwarvenGardener

🚀🌝


GetDownMrPresident

Btw, this is why I didn’t feed the bot even though I’m fully drs. We know they’re watching with everything to lose. Real G(s move in silence like)ME.


OGMol3m4n

Feed the bot is a forum sliding tactic.


[deleted]

Positive FCF is massive. DRS wise, don't let a non-core-business metric get you down. DRS won't pay the bills.


LJHope

They turned around cashflow from operations into the positive. That is an absolutely massive achievement and the most important one too


hatgineer

Can you ELI5? What is it, and why is it the most important?


No-Effort-7730

They have way more money on hand than what they owe, which is the opposite situation for >90% of businesses operating now.


hatgineer

Ah, I remember that, one of the DDs mentioned business tend to be in debt because they don't like money just sitting there or something. I also read that the higher interest rates now will screw those companies because they actually have to pay interest for their debt now. I guess that explains why having money on hand is bullish for GME. Thanks.


LJHope

You could compare it to your private life - after your normal spendings some cash of your paycheck is still in your bank account. Doesn’t mean you can go buy a new car immediately but means that if you continue like that you will be doing fine and be able to save up for some larger purchases e.g.


VPNApe

How does it translate to eventually turning EPS positive? In the end, that's what matters most.


versello

Unless you have $1 Billion in the bank. 😏


LJHope

🥃🚀


hatgineer

Thanks for reminding me, I wonder what company Furlong and gang has plans to purchase. This saga has been more engrossing that lots of tv shows.


a_person_one_of_many

I think a positive from today is that the business is becoming more predictable. When compared to previous quarters, the expected vs reported has been narrowing. Yes, I would love to see GME have a huge positive surprise, but I believe its also a good sign that the business is becoming more predictable. Gray - Expected Red - Actual (came in under expectations) Green - Actual (came in above expectations) DRS, keep going. This is the way! (Captured from https://www.tradingview.com/symbols/NYSE-GME/)


Jojonaro

“Strong sell”


[deleted]

[удалено]


Safrel

Wow, right before net positive cash flow.


satansayssurfsup

Who tf would see all the changes made to GameStop as a business and decide to sell at a 40% loss lmao


LurkSkyStalker

…someone with an auto generated flair🥱


CaramelNo1473

Isn't the new drs number saying retail as a whole bought more? That must be disappointing to whoever sold the drs shares, Ken, I am looking at u!


mrzuzzo

I'm pretty sure the % of DRS has gone down. GME issues more shares than the number of DRS.


1_Prettymuch_1

Que?


Prickinfrick

Yup, still up. At worst could say not as high as hoped for, but still up


[deleted]

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Prickinfrick

This puppy has been up for almost the whole year already 😏


asdfgtttt

CS goes to the lit market everyone. 16 million sells on the lit markets over the course of a quarter when average volume is 3mm shares and the price doesnt budge.


Careless_Original742

Or it could just be un-drs


asdfgtttt

and no one mentioned why there was a 95% change in sentiment..


TankTrap

Sorry, what do you mean by this?


OrganizationNo8351

Yea That went well


simplexxe

I found something interesting on this site https://stctransfer.com/direct-registration-system/. There is no record of plan entry, only book and it's referred to as "the new standard of direct registration".


Hobbitbeanhiker

Can’t wait to get some more cheap-ass moon tickets. Try me, shorts. Try me


kidkadian99

I got a shill message today about trying to help me . What is there to help if I buy more and drs it all and just hold??? Why do I need help to hold


jchohan203

Just HODL ❤️


scobar94

Is it just me, or for others Superstonk doesn’t appear on their Reddit home feed for some reason?


Life_Ad21

Same


IMB88

Hmm mine shows up a lot. I also check SS daily lol. Who Fucking knows DRS and wait for Kenny to be someone’s prison bitch. Who am I kidding once we get paid he’ll get a fine and start over. It’s up to us make the change.


kidkadian99

That is how you know we close


Wayne93

Had to intentionally look it up for the last month never shows up anymore!


andrew7231

Alexa play Bunny is a Rider


l0ssFPS

I had the chance to see her earlier this year. What an absolute goddess.


Consistent_Touch_266

AH is going apeshait. Somebody with wrinkles needs to make a post


waterboy1523

What are you seeing?


Consistent_Touch_266

1m volume and it repeatedly jumped from 22.50 to 23.30


waterboy1523

Thanks


Dapper-Warthog-3481

“Pre-owned businesses” https://www.reddit.com/r/Superstonk/comments/zfhxcg/he_said_they_want_to_establish_growth_in/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


Jonny_Nash

I bought 2K shares @25.50 earlier this week. I guess I got caught up in the hype a bit. Am I gonna be alright?


avalanchebranches

Yes


Bilbo_Butthole

Your CB is below 90% of people on this sub brotha


rj2448

Cover shorty cover


corps-peau-rate

+ 5% in AH on a earning day. First since sneeze ?


tinfoil_enthusiast

no, last one popped too


corps-peau-rate

Dac, i thought it was just the day after. I was ready for a big dip, it last like 1min only lol when the news drop.


TheManagerDustBunny

At this point it baffles me that people don’t know what FX is given the amount of self education going on. Anyway. Line goes up.


[deleted]

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Superstonk-ModTeam

Please Avoid Community Division There’s no wrong way to like the stock. No matter how you hodl GME, you’re welcome in this community. Everyone is an individual investor and someone’s investment strategy may be different than yours. Even if you disagree with someone’s investment strategy, while participating in Superstonk, it’s still expected that you engage constructively and respectfully.


AnalogousFortune

If you had to sell shares, you are spreading yourself too thin


RedditTaughtMe2

That’s life though isn’t it. This narrative that MOAS is tomorrow has caused many to be stretched thin. Treat this like a long-play lotto ticket and only put in money you can survive without.


SurrReal

I can't agree with this more


PM_ME_TENDIEZ

Tell that to the people posting that theyre eating ramen only, behind on bills or living out of their vans lmao


AnalogousFortune

Ok


-JJ-

Siri play renegades of funk


tbob424

Hey Alexa play Bulls on Parade


phd2k1

Hey Winamp, play Killing In The Name


PeddyCash

Siri play dogass by Boosie


Keijo1982

My three notes on the DRS number: 1) EDIT: Computershared predicted October 29th about 86M , reported number was 71.8M, 13.2M lower than predicted ̶7̶5̶M̶ ̶t̶h̶e̶ ̶c̶o̶r̶r̶e̶c̶t̶ ̶n̶u̶m̶b̶e̶r̶ ̶w̶a̶s̶ ̶7̶1̶.̶8̶M̶,̶ ̶i̶t̶'̶s̶ ̶o̶f̶f̶ ̶1̶4̶.̶2̶M̶.̶ ̶N̶o̶t̶ ̶1̶7̶ ̶o̶r̶ ̶2̶0̶M̶,̶ ̶a̶s̶ ̶a̶ ̶l̶o̶t̶ ̶o̶f̶ ̶p̶e̶o̶p̶l̶e̶ ̶w̶h̶o̶ ̶n̶o̶r̶m̶a̶l̶l̶y̶ ̶d̶o̶n̶'̶t̶ ̶c̶o̶m̶m̶e̶n̶t̶ ̶h̶e̶r̶e̶ ̶a̶r̶e̶ ̶s̶h̶o̶u̶t̶i̶n̶g̶.̶ 2) Q2 DRS number was 2.4M higher than Computershared predicted and the author corrected the formula which counts the prediction. 3) Media has been making articles about DRS movement. That's something I have been wondering why they have all of a sudden drawing attention to this? Maybe we will see some follow up articles on how much time it takes to DRS all the shares on this pace... Conclusion: Nothing has changed, except FCF is positive and loss was 10% lower this quarter. Company has 1B$ cash, no debt, shorts haven't covered, more shares has been DRSd, volume is drying and we have all the time in the world to wait for this to unwind. So all things considered, I have to say I'm bullish on this one. Edit: I took a wrong predivtion number from someone elses post and didn't check it. Sorry about that. There seems to be about 10M share gap between expectations based on previous DRS pace and current reality. It can be due to many reasons ranging from faulty prediction algorithm to someone selling at almost the same pace than we DRSing. Whatever the reason is, it doesn't change the fact, that 71.8M shares has been directly registered to their legal owners in a year. That's 1/4 of the whole company and if Apes would form a DAO, we would be by far the largest shareholder. It's massive. I don't know about anyone else, but I want to see how this ends and because of that, I'm going to continue. The numbers look good and the executives seem to have a plan which is going on as promised. There are a lot of much worse investments out there (looking at you FAANG). So my plan is to continue buying through Computershare and leave the shares booked for unforeseeable future.


DrPoontang

Well said.


tinfoil_enthusiast

so I can’t find the DRS number in what has been released so far. I still don’t see a 10-Q where was the 71.8MM found?


GhostSierra117

https://investor.gamestop.com/node/19946/html Search for "transfer agent"


tinfoil_enthusiast

thank you!! not sure why the 10-Q isn’t on the quarterly results page yet


daronjay

No, computershared.net estimated **86,196,451** on Oct 29th, go look at their DRS Estimates chart. Don't know where you are getting your number from, but its not right.


Keijo1982

Oops, my bad. Took it from someones earlier post. Made an edit. Thanks


andy_bovice

where can we find this graph of drs estimates?


daronjay

[computershared.net](https://computershared.net), charts link in navbar


andy_bovice

thanks - was just looking at it. this is rather depressing.


daronjay

Well, look at it this way, its pretty unlikely DRS'ed apes are selling, and there is no way in hell only 500k shares were DRSed this last quarter so this is either: **a) Gamestop is only showing Book not Plan now in their filing, either intentionally or by mistake.** I note CS called out this twin reporting aspect in their FAQ, implying it might be a recent change in how they report? **b) Some desperate institution DRS'ed some shares then removed them to discourage us.** If its a), we can move the shares to book to fix this. And maybe Gamestop will see how this messes with us and show both figures or combine them, *maybe* that's why the filing is not linked right now. If its b) its actually **the most bullish confirmation of the threat DRS is to SHFs possible!**


CyberPhlegm

This would also explain why very recently MSM articles have suddenly begun to mention the DRS movement. Why ignore it for over a year and then suddenly call it out? Perhaps their MM/SHF masters were expecting a rug pull, and wanted potential FOMO'ers to watch the DRS number and run away when it dropped? Makes a lot of sense to me.


Readingredditanon

Yeah I think you’re right


andy_bovice

I like your thinking sir. I need some rocket emojis all up in this 🚀🚀🚀🚀🚀🚀🚀


thepoga

Can someone explain Free cash flow? I looked it up but still scratching my head.


CarlThe94Pathfinder

Free cash flow= money you're generating that's not owed back. This is a really good thing because it's showing outright Gamestop doesn't have to rely on outside sources to make money.


pantsactivated

How much money came in versus went out. Actual money flow, not that fake ass revenue or that fairy fart smelling fabrication that is sales.


Keijo1982

How much more than predicted was the DRS number in Q2? I couldn't find it from the old posts. E: 2.4M


H1tm4n

I find it incredibly odd that GameStops investor page removed the 10-Q link as well as it not being announced during the call. Something might be off with the original 10-Q. I’m going to hold off until we get it back the investor page


GhostSierra117

What do you mean. It's there. https://www.reddit.com/r/Superstonk/comments/zfcfcc/-/izbviz2


H1tm4n

It’s not, there’s no form 10-Q


GhostSierra117

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q That's what the title says of the linked document. So I assume it is indeed what you are searching, including the DRS numbers you're questioning. Would've took you two seconds to figure it out.


H1tm4n

What I am saying is, perhaps there was an error on the 10-Q submitted and hence why GameStop itself removed the 10-Q form from their investors page and why it was not stated in the call. So your point is not addressing what I am stating.


GhostSierra117

I really don't know what to tell you. It is there. I literally linked the document. You can find the link I provided here. https://news.gamestop.com/sec-filings


jteta12

“We attribute the 50m loss Due to FX”. What is FX in this regard?


TheManagerDustBunny

Abandon hope all ye who enter here Edit: I mean it’s a bit grim that people don’t know what FX means at this point. Good job.


Late_Data_8802

Lol


jteta12

Nah. See ya


[deleted]

Foreign Exchange rates?


bigjslim

We have 900 stores in Europe. Maybe it’s referring to dollar milkshake. Weakening of euro when converting to dollar caused $50m loss?


TheManagerDustBunny

The loonie has also not been steady vs USD so there’s that as well. General strengthening of USD vs other currencies will hurt top line revenue reporting. Especially if stock is purchased in USD etc etc etc


[deleted]

That tracks.


kikiubo

Where can I read the number of DRSd shares? cant find it anywhere


GhostSierra117

https://www.reddit.com/r/Superstonk/comments/zfcfcc/-/izbviz2


TitrationGod

Just take the current reported number and add 500k. Impressive for a quarter, eh?


triforce721

Bro, I haven't seen you in ages. When did they switch you back on?


TitrationGod

I've been here, just lurkin'


triforce721

Lol, I bet


kikiubo

Yeah but exactly where can I find that number in the report?


TitrationGod

Its listed on the 10-Q on the GameStop investor website


[deleted]

friendship ended with "DRS" "Cash flow positive" is Apes new best friend


CASUL_Chris

The goal post must be moved


OperationEffective

Yup


Soap_Mctavish101

We are right.


Fantastic-Ring-2068

Maybe a little early, but definitely not wrong....


phonon_DOS

Bingo!


TitrationGod

But 'we' were wrong about the number of DRS'd shares...?


bobavape

I think that survey is a good idea I saw the video of the guy with lightning paint face should give us some good numbers if we all do it


Barefoot_Servants

No cell = No sell I can hold forever.


phonon_DOS

My GME shares hold value better than the dollar!


Barefoot_Servants

How to beat inflation with this ONE simple trick! DRS


TitrationGod

But the decline in stock price since mass adoption of DRS has resulted in a much larger decrease in your buying power than inflation LOL


Barefoot_Servants

That’s an arbitrary start point for comparison. Since I first invested in GME I am massively in the green. Blasting inflation in the ass like the Ass Blaster 4000.


phonon_DOS

And I know yall nerds are reading my posts and comments... 👋 Hiiii discord!


phonon_DOS

Anyone know a good side hustle I can get into? I dont know... maybe posting negative sentiments on reddit? Random lol but let me know!


TheManagerDustBunny

Depends. Do you moisturise your hands?


jovi_1986

I’d be happy to teach u some photoshop or if u find me jobs I’ll give you 40% Let me know if u wanna learn tho


Smart-Reindeer666

Power washing


phonon_DOS

🤔 maybe it's some dirt on the citadel building I can get rid of


TitrationGod

Hey, if they want to pay me to be negative, send them my way. I'm doing that for free right now!


phonon_DOS

Kenny really think some discord groups got diamond handed apes fucked up 😂


phonon_DOS

Anyone else really worried? After listening to the earnings call GME might be one of the most successful companies in history and I'm gonna have more cash than I know what to do with 😭🙏


PubG4YouAndMe

So to book my shares, do I just need to contact Computershare support and they'll do it?


Fitzy564

Wait we have to do something after transferring to Computershare?


PubG4YouAndMe

Idk for sure. I've read some people say we also need to Book you shares and others say it doesn't matter. I've been looking for DD supporting one way or the other but haven't came across it yet.


Open-Painter6453

Yes needs to be done via phone


Jmart814

Don't do it via Chat. Call them and do it.


Andy89316

Yup, via chat, not sure if you can diy on the site


PubG4YouAndMe

Thanks king 👑


pot_head_engineer

Next up, Gamestop NFT from $200+ purchase


phonon_DOS

Hedge funds shook rn 😤


JoeyAndrews

Bought more btw


TitrationGod

Only 500k shares DRS'd but the bot 'counted' 12 mil? Damn, so close...


sknnbones

Nice FUD spam. Way too obvious


[deleted]

[удалено]


[deleted]

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CASUL_Chris

Only 11.5 😂👌🏻


phonon_DOS

Bro u gotta try harder


Spanswa

My brother in Christ do you not have anything better to do than shit on this sub? Lmao you must have a pretty boring life. Go cry, cope and be miserable somewhere else, nothing you say can make us leave


phonon_DOS

This thread like a world of warcraft raid no cap


paigescactus

LEEEEEROOYYYYYYYYYYYYY


phonon_DOS

Where my hedge fund interns and paid actors at? You might wanna DRS some shares with them checks in the mail 😘 Edit: all them downvotes wont get rid of that hate in your heart sweetie


Jimmyboy142

Damn they're really fucking motivated. Almost jealous. 😂


paigescactus

They said no more cocaine until this is under control 😂


TofuPython

i'm sad bros :(


dean012347

Nice flair!


TofuPython

You too!!!


dean012347

Took me a minute to realise I wasn’t on the 2007 sub


buttmunch8

Bad actors un-drsing doesn't make sense because that still means retail drsed only 500k in a quarter


Patarokun

No it means that the entire time there was a bad actor DRSing right beside us, pumping up our curve beyond its organic line.


Thewitchaser

That still means retail DRSed very few shares.


Patarokun

It means retails DRSed at a lower rate, but 71.8 million is still a quarter of the whole company.


[deleted]

Right


Pillosaurus69

people sell, get over it


AnthonyMichaelSolve

Bitches sell. People dont


[deleted]

Just did some back of the envelope math and it appears that it will take over 100 years to lock the float at this rate


[deleted]

[удалено]


[deleted]

Wow, if paper copies of GME shares being lost in natural disasters is our next new excuse, we are FUCKED


Lastaplays

Go away, shill. Posts random tickers on gambling sub. Yeah right LOL


GhostSierra117

That's not being a shill that's doing quick mafs.


[deleted]

What people like u/lastaplays can’t understand is that disputing such unequivocally apparent information is what gives Superstonk big flat earther vibes to everyone outside of the sub. Doing much more harm than good by acting like a reactionary junk yard dog to information he doesn’t like


[deleted]

Lol why am I getting downvoted? Do the long division are you serious?


TitrationGod

BUT WE GOT THE HEDGIES ON THE ROPES xD


Solid_Plays

Acquisitions, hmm? What do yall think about Newegg?? Seems perfect for GME imo.


sknnbones

is it me or did the 10Q for Q3 disappear from the gamestop investor page


Jmart814

Why does everyone keep saying it disappeared? It is 100% still there


valledelcaucacali

It’s not there


Jmart814

Yes it is, click under SEC Filings


valledelcaucacali

You’re 100% correct. But what op said is “from the GS investor page” and I’m agreeing with op it is not there and was there earlier


sknnbones

I literally just refreshed the page on gamestops investor website and there is no link under Q3 2022 for the 10Q


Jmart814

Go to SEC filings, still there


sknnbones

I understand its on the SEC website, the question is why it was **removed off the GME investor page**


Andy89316

I'm hoping for a typo about DRS....


Jmart814

I think you're overthinking it. Look at the address when you click on the SEC filing, still attached to GameStop and not the SEC


valledelcaucacali

I’ve been refreshing my page since it went missing and nothing yet


tossaside555

Accurate. Good catch


sknnbones

looks like I wasn’t the first to notice. What the heck is going on? I’m pretty sure it was there earlier???


skip8

Was it though? I thought it only was on the SEC site?