Fact is many more shares need to be DRS'd. Appears to be a lot of fence sitters/toe dippers.
There is also recently a lot of talk about how to sell from Computershare. Im hoping this talk is mostly preparation discussion among single share holders/people intending to sell few DRS'd shares in case the brokers shit the fan. The implication of selling DRS'd shares is a conflict of interest with the premise of an "infinity pool" where the float is totally locked which provides the biggest leverage in setting "any price" as all shares not locked up are needing to be bought back.
At the same time its important to realize that as virtuous as saying DRS shares are "not for sale" when the ticker starts climbing I suspect that stance is subject to change. So really a true infinity pool is an unlikely outcome but still a worthwhile direction to pursue.
Looking to discuss what your thoughts and plans are for DRSing. Cheers.
Ps. DRS is the way.
So I have been a lurker since January and cannot post to SS, but I am starting to be concerned with the whole “DRS 100%” posts. If everyone is DRS’ing 100% of their shares then they will be selling from the infinity pool and giving SHF REAL shares. Why are we not addressing this?
And yes I’ll most likely get downvoted into oblivion but nobody seems to want to ask that question. I’m all for DRS , it makes sense and worth it but to sell from the “locked float” will just in-turn UNLOCK the float as soon as people see a number they like. And to be honest it’s going to be a lot lower than what people are saying now. People get stupid when large numbers are in front of them and people will be dumping at $10,000 , $100,000 , $1,000,000 ect. What doesn’t seem big to you could change that single moms life at $100,000 or that kid living out of his car in the winter waiting for moass. (See all sides before you bash me for price anchoring) I’m here till phone numbers.
But my question still stands.
What’s the point of an infinity pool if everyone is going to pull the drain plug and let the SHF off easier? Sell them the fake IOUs first not the real locked shares.
I am in no way wanting people to stop DRSing , please do so but also think of why we are doing it. Lock that bitch up and make the scum suffer. Don’t let them off easy.
Obligatory emojis gme to the moon ! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🍆🚀🚀🚀🚀🚀🚀🚀🚀🚀
Edit : Oh baby here are the downvotes for starting a dialog and asking questions. Someone must not like this post 👀 well bring it on baby , I’ll continue to ask questions to hear peoples point of view and understand different personal thoughts. Hurts nobody but the SHF to learn.
I’ve been hodling Gme and lurking on this sub for more or less a year and have over the last two - three months seen a shift from CS being an “infinity pool” to which you committed shares which you don’t sell to a “DRS 100% or else” mentality. I’ve taken some time off of Reddit so maybe I missed some DD explaining this but essentially my question is what happened. (Yes I saw GME earnings with them listing DRS’ed shares). My main concern being what if they don’t turn off the buy button like in January but instead just DDOS or takedown one site this case being CS.
Don’t get me wrong I’m not trying to tell you or anyone not to DRS shares just want to know what essentially made the shift happen.
Edit 1: Ty for all the replies. I guess asking a simple question without your first post being a CS post or having 100 posts on a Gme subreddit makes you a shill or trying to spread FUD. Idk how either of those takes makes sense because I was simply asking „why the sudden shift“ / „why have ppl become more aggressive towards those who have yet to DRS“.
- Thank you to all the apes who tried to answer the question the best they could
That way we can solve the world's water problem.
Whether you only DRS shares that youll never sell...
Or you DRS 100% of your shares and only sell during or after moass...
None of that will matter if apes dont lock up the float first and make this an actual possibility.
You can plan, coordinate not to sell, have a god damn 100 page power point DD backed up by the wrinklest brains in all of reddit.
It doesn matter right now because WE ARE NOWHERE CLOSE TO LOCKING UP THE FLOAT.
If you only DRSed a few shares, do your part and DRS more. Its all wishful thinking until the float is locked.
Not financial advice. Do what makes sense for you in the end.
Maybe I'm just missing something, but it seems like the DRS narrative got shifted. It was always the goal to lock the float, and leave a few outside the pool to sell, fuckery be damned. It seems like after the fidelity issue, now everyone wants to DRS 100%!
If we all do that, doesn't anybody selling start poking holes in the pool? The point was always to never sell from ComputerShare, wasn't it?
Can someone explain why that's changed just because of more fuckery like we expected to happen?
If the goal is to DRS every real share, and then hold those through the moass. Shouldn't we keep a share or two in our traditional broker to sell so that the float stays locked up? If that is the case it would probably help to make sure that your oldest shares are in your "trusted" broker (all brokers are bad, some are just worse than the others). I really want to know what everyone else thinks, your transfer from your broker to CS was probably first in first out, so your oldest shares would be in CS.
So I have been a lurker since January and cannot post to SS, but I am starting to be concerned with the whole “DRS 100%” posts. If everyone is DRS’ing 100% of their shares then they will be selling from the infinity pool and giving SHF REAL shares. Why are we not addressing this?
And yes I’ll most likely get downvoted into oblivion but nobody seems to want to ask that question. I’m all for DRS , it makes sense and worth it but to sell from the “locked float” will just in-turn UNLOCK the float as soon as people see a number they like. And to be honest it’s going to be a lot lower than what people are saying now. People get stupid when large numbers are in front of them and people will be dumping at $10,000 , $100,000 , $1,000,000 ect. What doesn’t seem big to you could change that single moms life at $100,000 or that kid living out of his car in the winter waiting for moass. (See all sides before you bash me for price anchoring) I’m here till phone numbers.
But my question still stands.
What’s the point of an infinity pool if everyone is going to pull the drain plug and let the SHF off easier? Sell them the fake IOUs first not the real locked shares.
I am in no way wanting people to stop DRSing , please do so but also think of why we are doing it. Lock that bitch up and make the scum suffer. Don’t let them off easy.
Obligatory emojis gme to the moon ! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🍆🚀🚀🚀🚀🚀🚀🚀🚀🚀
Edit : the downvotes are bumpin, love it.
Again I encourage people to DRS just be smart about it if you plan to sell and give the SHF a taste of their shit. Make them buy back fake shares first. Hold the real ones like a rocket to the moon
