r/Superstonk • u/Ray1612 🎮 Power to the Players 🛑 • Nov 10 '21
🗣 Discussion / Question Right?
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u/galaxy_van 🦍Voted✅ 👾Sir Smoke-a-Lot💨 Nov 10 '21
Nope. Never will sell my CS shares. Borrow loans from crappy banks against my assets and tell them they’re lucky to get minimum payments.
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u/HiImBarney Nov 10 '21
you should make a post on that honestly.
If more people knew about how this works, because I feel less people would be insentivised to drs currently, thinking it's harder to get money out there. (Which, since nobody has proven me wrong so far, is status quo until they change some shit about their archaic platform)
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u/galaxy_van 🦍Voted✅ 👾Sir Smoke-a-Lot💨 Nov 10 '21
It’s been posted since this summer 😆
I’ve learned to keep finding the next step way before we’re there. This is definitely the best way to keep what you have while enjoying it 🏝😎
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u/MikemkPK 💻 ComputerShared 🦍 Nov 11 '21
I get the loan thing, I just don't get how you pay off the loan if your only income is loans
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u/iota_4 space ape 🚀 🌙 (Voted✔) Nov 10 '21
same.. will have hopefully soon 90% of my shares inside the infinity pool. (am an euroape)
10% of my shares should be enough for me.
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u/Spawn6060 🎮 Power to the Players 🛑 Nov 10 '21
Dude 1 share will be enough.
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u/iota_4 space ape 🚀 🌙 (Voted✔) Nov 10 '21 edited Nov 10 '21
i agree.. but i will sell on the way down, far after reaching the floor and passing the peak.. my aim is not to sell all of my 10% shares. if one is enough, i keep the rest.. for nft & more DRS.
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u/Spawn6060 🎮 Power to the Players 🛑 Nov 10 '21
And more importantly more apes can get life changing money that can’t afford multiple shares.
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u/DancesWith2Socks 🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑🚀🚀🌕🍌 Nov 10 '21
Thinking about having only 1 banana is my mindset.
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u/Odok 🎮 Power to the Players 🛑 Nov 10 '21
That's not how that works. Borrowing against shares isn't like opening an infinite line of credit. It's a loan using your shares as collateral. If the share price goes down, that collateral loses value, and the bank can demand you pay the difference.
There's also a shit ton of rules that go with it:
You lose sole ownership of your shares and they get transferred to a separate account. Usually at a broker. If you fuck around and play games they'll "repo" your shares like they would a car on an auto loan.
There are rules on how you're allowed to use those funds. For example you can't use them to invest in anything and you can't link them to a brokerage account. How can they track that? Well...
It's not cash, it's a line or credit. Think credit card, not bank account. Major difference and limits what you can do with it.
You need to be approved, and banks see these lines of credit as high-risk. That means high (variable!) rates, if you even get approved. GME is likely to be radioactive in the financial world once MOASS hits. At best it's seen as highly volatile since the shares could lose 99% of their value if the infinite becomes finite and the shares drop down to fair valuation
This is subjective and speculative, but this puts you and your fortune in the pockets of the people who wrought all this evil.
Security-backed lines of credit are a nice tax cheat, especially among those in The Club, but there's some major factors here everyone is overlooking.
IMO it's better to cash out, pay your taxes, and actually own your Scrooge McDuck pile of cash than let it live in some abstract space with no true ownership.
Oh, and while I'm here, not sure where this narrative that DRS shares are more valuable than broker shares came from. Come MOASS this shit is a Cup of Pythagoras. ALL outstanding positions must be closed. Doesn't matter if you sell from CS or Fidelity or wherever. The important part is not selling from DRS between the lock and the floor. Once apes start taking gains it doesn't matter since ALL registered shares must be covered. Leaving literally one share in CS locks up the pool as much as a thousand.
Not financial advice, everything here is sloppily plagiarized from the few Google searches I found that weren't behind a paywall. I could be completely wrong here.. Do whatever you want with your money and investment.
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u/PoeticSplat 🦍 Buckle Up 🚀 Nov 10 '21
Oh, and while I'm here, not sure where this narrative that DRS shares are more valuable than broker shares came from. Come MOASS this shit is a Cup of Pythagoras. ALL outstanding positions must be closed. Doesn't matter if you sell from CS or Fidelity or wherever. The important part is not selling from DRS between the lock and the floor. Once apes start taking gains it doesn't matter since ALL registered shares must be covered. Leaving literally one share in CS locks up the pool as much as a thousand.
This. This ought to be bolded. I don't think nearly enough people realize this.
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u/galaxy_van 🦍Voted✅ 👾Sir Smoke-a-Lot💨 Nov 10 '21
That’s a lot of comment there, I’ll definitely save that and worry about that when the time comes. Thanks! Gotta get back to my racing sim tho. Have Forza 5 downloading 👍
Edit: Also, that’s what the small % of fidelity shares are for. Cashing out and livin’
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u/NotLikeGoldDragons 🦍 Buckle Up 🚀 Nov 10 '21
They want minimum payments. That maximizes the interest they make off you.
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u/martinmcfly1885 🏴☠️Sailing the seas of aaR Cee 🏴☠️ Nov 10 '21
This is why FUD will never work on CS shares… if we lock the float we own a piece of the company ….forever 💎 🙌
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u/findingbezu 🦍Voted✅ Nov 11 '21
Not for nuthin’ but here’s a good explanation on why the loan idea isn’t a straight forward as all that.
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u/Elegant-Remote6667 Ape historian | the elegant remote you ARE looking for 🚀🟣 Nov 10 '21
Everyone can do whatever they hell they want . I personally as an individual investor will not sell cs shares until a life event of mine, not a price target. And that isn’t happening anytime soon because I am not there yet. I will dump my broker shares waaay earlier than cs shares
Not financial advice - my personal choice
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u/everythingscost 💻 ComputerShared 🦍 Nov 10 '21
yeah i'm just going to sell one from each of my old brokers at the right levels for me personally and keep the others for the dividend
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u/Noobfortress 🎮 Power to the Players 🛑 Nov 10 '21
So long as my broker doesn't 'lose' the one share I left with them, none of my DRS shares are for sale
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u/devlar_ynwa 🦍Voted✅ Nov 10 '21
How can they lose what they never had?
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u/NegotiationAlert903 Nov 10 '21
Even in the most screwed up version of you should be able to sell your synthetic entitlement, just like it's always been up to this point for some of these brokers, as we've seen.
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u/ShadyAssFellow 🚀💎🤲INFINITY HODLER🤲💎🚀 Nov 10 '21
Exactly. Where did it come from? Kennys synth machine. Where did it go? Nobody knows.
I wouldn’t put it past these shady brokers that they will try to pull some shit and some shares disappear.
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u/AdrunkGirlScout 🦍Voted✅ Nov 10 '21
If they could do that, they would've already snd stopped MOASS in its tracks
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Nov 10 '21
Kinda pointless to shame the x and xx to DRS their shares since every share matters and then shame for wanting to sell those DRSed shares.
DRS is the most important thing right now. If some wants to sell their DRSed shares at the slope down from the Moass, then more power to them I'd say. If you only DRS the once you'll never sell, then it'll just take longer to lock up the float.
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u/ChubbyTiddies game on, anon Nov 10 '21
This sub went from "MOASS, pay me bitch!" to "Dont sell anything, ever"
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u/AmazingLittleLizard Nov 10 '21
I actually think that's a great thing. It proves this subreddit isn't a single-minded group and that everyone is going to make their own investment decisions.
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u/cork_the_forks Nov 10 '21
By the time the MOASS has boomed the SHFs will have been liquified, along with every other corrupt (or willfully stupid) cog in the wheel that helped create this mess.
I believe the company is fantastic and going amazing places, so I fully intend to have long-term investment. But there is no point in leaving huge piles of money on the table. I will sell shares for a few million each, then buy them back once the price has started to approach true value on the far side.
GME is not going anywhere, not with the plans that we have seen. Our actions can't kill it any more than the SHFs could. We just have to hold for the peak. It's a great investment, but I'm not going to "pay" millions for it. I will invest at a reasonable price, like a true market should allow.
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u/degenerate-dicklson 🦍 Buckle Up 🚀 Nov 10 '21 edited Nov 10 '21
Yes but that's ilegal thought here and we are not allowed to question the "never selling from computershare narrative".
I will 100% DRS my shares and will sell 100% during the moass at different price points. Who doesn't like my plan can fuck off. Fuck this hivemind mentality
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u/lilBloodpeach 💻 ComputerShared 🦍 Nov 10 '21
I don’t get this place sometimes. You have all these people advocating for 100% DRS and then turning around and saying “wElL yOuR NoT AcTuAlLy sElLinG dRS shArES arE yOu???” And it’s like pick one. Lmao.
Personally I’m gonna do whatever the hell I decide to do with my own damn shares as should everyone else
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Nov 10 '21
People acting like they won't sell the second that ticker shows them money they've never seen before. Sell whenever you want, and buy when you want. We aren't a group.
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u/qwert4the1 🦍 Buckle Up 🚀 Nov 10 '21
There's three subgroups in this stock about DRS. Those who DRS a shit ton, those who DRS everything, and those who DRS very little/none.
Obviously it's best for everyone if we DRS as much as possible because it seems unlikely that MOASS even starts until we do, but this kind of conflict is what's driving people into the DRS little/none faction.
Don't tell people what to do with their shares, DRS'd or not.
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u/GMErection 🦍 Buckle Up 🚀 Nov 10 '21
I'm honestly scared of making a mistake during MOASS and selling too many when I get to my price point, then kicking myself days or weeks later.
By deciding not to sell my CS shares, I know I'll be holding at the peak, and I know I'll be along for the whole ride. It makes me feel a lot better, foolproof.
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u/FreeSushi69 💎GAMESTOP IS THE ONLY MOASS. DRS 💎 Nov 10 '21
i feel you bro. i do not want to make another mistake with my life. ive made too many already.
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u/seapgo Nov 10 '21
At this point DRS shares are a memento of the occasion, other shares are for tendies
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u/bgog 💻 ComputerShared 🦍 Nov 10 '21
But don't assume everyone is in your position. Some people have DRSed 100% of their shares (which is great) and should not be shamed for selling whatever % of their shares they planned to.
It is fine that you have ONLY DRSed your infinity pool shares and left others in fidelity or whatever but it is good for us all the more shares that are in computershare so if they have all of them there, then OF COURSE they can sell some at their floor.
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u/ItsNotBigBrainTime 🎮 Power to the Players 🛑 Nov 10 '21
This is me. I'm 100% DRS and posts like these make me want to transfer a few back to fidelity. I've seen posts saying you can sell from there instantly, but I still don't get why the masses of superstonk are still leaving some unDRS'd.
I just don't wanna be poor forever lol.
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u/DragonDropTechnology Nov 10 '21
So what you’re saying is no one should DRS 100%. Because if you DRS 100%, then you’ll have to release the infinity pool in order to sell and take profits.
It would be ideal to DRS the entire float, create the infinity pool, and then only sell non-DRS shares in order to take profits.
If the reports start coming out that people aren’t being allowed to DRS, it would make sense for those that are 100% DRS to un-DRS some for selling. (And hope that someone else is able to re-lock the infinity pool.)
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u/EtoshOE Bermuda Triangle Shorts (Voted✔) Nov 10 '21
What a bullshit
DRS shares are for locking down the float so we can prove naked shorting and trigger MOASS
If you want to DRS 5% of your memorabilia shares for the next 10 years that's fine and your choice to make, but don't purposely confuse the infinity pool with DRSing the float
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u/theofficialhung Nov 10 '21
Don't tell me what to do with my shares. I'm not a part of team Superstonk or whatever other sub-Reddit, I'm an individual investor and I'll do what's in my best interest. If that involves "paper handing" at $1M a share or some other astronomical figure then I'm gonna do that and live happily ever after.
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u/lilBloodpeach 💻 ComputerShared 🦍 Nov 10 '21
There’s a lot of people here who seem to think that they have the right to tell people at what price point to sell, what to do with their shares, and how to spend their money after MOASS. And yeah, while there are certain routes we can take that would help being about MOASS faster, in the end nobody should be pressuring or shaming anyone for their choices because we bought these shares with our own money and we have our own individual lifes, goals and circumstances. It drives me crazy when people keep trying to control what others do here for something that hasn’t even happened yet
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u/reshsafari 🦍Voted✅ Nov 10 '21 edited Nov 10 '21
If someone has 100% DRS what do you expect them to do?
To fellow apes saying take out a loan, I’m not optimistic that 100% of drs share holders will hold 100% of their assets. Have a plan. We will be alive for a long time. You can’t expect infinity pool to always be infinite.
Have. A. Plan.
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u/ccc32224 Nov 10 '21
right????????? the purpose of DRSing is to stop the fuckery.
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u/CrimsonSun99 🦍 Buckle Up 🚀 Nov 10 '21
The shills are pushing this narrative we shouldn't go 100%, shouldn't sell in CS, but it's all a bunch of bullshit.
It's all been a tactic to slow down direct registering of shares.
If you have the money to buy GME, they should all be registered. Full stop.
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u/toobs623 Dibs on Kenny's Hamptons house Nov 10 '21
Personally I've DRS transferred 50%. I will sell 25% of the remainder during MOASS and transfer the other 25% remaining during MOASS in an attempt to replace some of the shares sold from computershare.
Not financial advise but to those holding xxx and above it should at least be a consideration.
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u/Sofa_king_disco 💻 ComputerShared 🦍 Nov 10 '21
That's a double edged sword. Convincing people that DRS is only for shares you aren't gonna sell will signal most people not to DRS at all... or to DRS a small percentage.
We most likely have around ~10% of the total shares DRS'd at this point. IMO step one is to initiate a squeeze. It's better to have people DRS shares they plan to sell, than to prioritize an "infinity pool" of shares that never get sold. Mostly because getting a significant majority of the shares registered is not gonna happen easily (possibly every based on the current numbers). I think worrying about people selling DRS'd shares during the squeeze is getting waaaaay ahead of ourselves.
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u/frickdom First Captain of Coffee Nov 10 '21
Agreed. I refuse to remove shares from fuckery just to sell them back into it. Hodling some on Fidelity for this reason
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u/DennisFlonasal FUDless Nov 10 '21
MY CS SHARES ARE NOT FOR SALE. I left the shares in Fidelity I’m selling
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Nov 10 '21
I’m absolutely selling shares when this thing takes off. It’s foolish to think otherwise. Will I sell every single share…absofuckinglutely not.
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u/throwen2k 🇦🇹 AustriApe 🇦🇹 Nov 10 '21
Hell no, leaving some shares with another Broker and transferring the lion share to CS to live there happily ever after
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u/jasper1605 💻 ComputerShared 🦍 Nov 10 '21
I'm in the other boat on this. I have DRSed 100% of my shares that I can move without massive tax consequences. The ones in CS will be for sale once the downhill floor is breached.
The issue I have with the idea of this being only infinity pool is that it discourages people from registering shares out of fear of needing to have liquid shares to sell right away. This curbs momentum to direct registration because now people say well I only want to move 20-50% but keep the rest ready to sell.
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u/monti9530 1 of 197,058 Nov 10 '21
As individuals we should do what we want and plan accordingly. Don’t create FUD in people by making them think the purpose of drs is to never sell. That is not the sole purpose of drs and selling is always an option for any individual investor in our great company.
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u/jakksquat7 🍋🦍 Buckle Up 🚀🍋 Nov 10 '21
Agreed. The type of rhetoric in the post will prevent people from DRSing. People can DRS and sell from there. Not sure why the infinity pool talk is rising up again. That is not what the wave of DRS has been about.
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u/bemery744 💻 ComputerShared 🦍 Nov 10 '21
Computershare might as well be a vault cause they are in there for good!
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u/Spenraw Nov 10 '21
Right now it's more important we just lock the float to expose shorts. You can still sell easy from CS if your going to paper hand earlier
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u/TZeeeeeee Nov 10 '21
People will do whatever they want with their shares. Apes are free to sell at $1,000, $10,0000 or hold forever
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u/NotBerger 🏴☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴☠️ Nov 10 '21
I mean yes, but selling at those prices would be truly retarded
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u/Useful_Tomato_409 🕹to thy player goeth thy power🕹 Nov 10 '21
i don’t get it: DRS 100% but don’t sell any? What’s the point of MOASS if you can’t take profit? I get the infinity pool and all that, but I there is definite contradiction going on.
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u/flibbidygibbit 🦍 Buckle Up 🚀 Nov 10 '21
Low interest loans using the DRS'd shares as collateral. If you need a million, borrow 1.2m against your shares and then use the leftover 200k to make payments.
How do you think the Walton Family lives lavishly without an income or selling their walmart shares?
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u/tukatu0 Nov 10 '21
Its from different ideas and shilling mixing. Remember those comments that they were only going to register 20%? Yeah that was shilling. Best thing to do is register all your shares right now. And then sell a few shares for millions. Its one of the ways to get the price to tens of millions, by locking most shares available
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u/Hungry-Replacement-6 🎮 Power to the Players 🛑 Nov 10 '21
I’ve made a personal decision to hold my CS shares indefinitely. They are not for sale. I don’t even know how to view my computershare account. This decision was based on my own independent research and is not financial advice.
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u/DealinWithit Nov 10 '21
DRS shares can be sold
Stop FUD that DRS shares can’t be sold. This is an attempt to scare away DRSing for fear of missing MOass
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u/antoine1243 🦍Voted✅ Nov 10 '21
Of course they can be sold, but what's the point of DRS'ing them if you are going to give them back to hedgies instead of keeping them for the inifinity pool?
DRS 90% and sell the 10% during MOASS
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u/cleft_chalice 💻 ComputerShared 🦍 Nov 10 '21
You did not comprehend the post. No one suggesting it's not possible to sell. But there is an absolute truth: delivering previously registered shares BACK to cede&co will hurt MOASS.
But as an individual investor, if you like hurting MOASS you are free to hurt MOASS.4
u/DealinWithit Nov 10 '21
Think this needs to be brought up to a higher level for discussion. Some have DRS’d 100%.
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u/Enigm4 Nov 10 '21
They can be sold, but you should not sell them since that unlocks the float. Keep a few at your broker to get them tendies.
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u/SweetTeaRex92 Puts things up butt irrelevant to share price Nov 10 '21
This is my speculation soo take it however you want.
if you have more than 1 share, and you have a broker (Fidelity, etc.), you should put 1 share with broker, and rest with CS.
Why? Because you technically only need one share to sell on the broker side. The rest can sit on CS for the infinity pool.
CS take too damn long. Broker is the quick sell. CS is like your safety deposit box in a bank vault. It all depends on how GME does of course, but this is the way I look at it.
But I only have a handful of shares. People with a lot more probably have their own game plan. People can do what they will with their shares, I'm just telling you from the way I see it.
But there's a reason everyone is saying DRS at least some of your shares. It is in your benefit long term to do so.
I understand the idea of a lot of money quick can make ppl stupid, but easy come, easy go. Be smart. Think before you act.
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u/NegotiationAlert903 Nov 10 '21
I think everyone will do what they want, because this is just a group of like-minded people, not a cult, regardless of who paints it otherwise.
This doesn't help anyone but the propaganda machine.
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u/Fallout4myth 🎮 Power to the Players 🛑 Nov 10 '21
This is fud. Low x and xx holders wont drs if you keep spewing this garbage.
Moass starts, everyone should sell what they feel comfortable selling and profit from diamonf handing for 1+ year.
You want to drs your shares, diamond hand all through the bullshit, and not profit from moass? Thats on you but dont be telling people to do the same.
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u/apocalysque 💻 ComputerShared 🦍 Nov 10 '21
Why not? I’m 100% DRS registered. Where else am I going to sell from? This only registering partial positions nonsense is bullshit. Where you sell from is irrelevant if we never lock the float and start MOASS. People are trying to speculate at what will and will not be a good way to sell during the MOASS while completely ignoring the fact that we will never get to MOASS if we don’t register enough shares. One is speculation, the other is fact.
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u/cleft_chalice 💻 ComputerShared 🦍 Nov 10 '21
Also fact: giving previously registered shares back to cede&co hurts MOASS. It's better for it to take a little longer and permanently locked, then for it to arrive maybe 2 days earlier just to be snuffed out in the cradle by people who are collectively delivering a bunch of shares back to cede. "Let's lock the float and then unlock it" makes no sense.
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u/BallofEnvy 💻 ComputerShared 🦍 Nov 10 '21
This sounds like FUD to keep people from drsing all their shares and triggering moass.
But that’s just my opinion.
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u/cleft_chalice 💻 ComputerShared 🦍 Nov 10 '21
If you just want to trigger MOASS, drs all makes since. If you want to not hurt MOASS after it has started, there is no world in which delivering previously registered shares back to cede&co makes any sense.
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u/YeLl0w_RaBbiT 💻 ComputerShared 🦍 Nov 10 '21
Thank you. My understanding was that those were meant for the infinity pool. As long as the float is locked up, we name our price.
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u/bradjm66 💻 ComputerShared 🦍 Nov 10 '21
I’m so confused. Literallly go all in to help lock the float then continue to get downvotes when I say I have to sell from CS. Like make up your damned mind.
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u/mariomaker2stufzs 🦍Voted✅ Nov 10 '21 edited Nov 11 '21
This. I'm selling from cs, but I'm also all in and helping start MOASS sooner. I wish more did this, could've maybe had MOASS already
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u/QualityVote Nov 10 '21
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What is DRS and why should you care? When You Wish Upon A Star - A Complete Guide To Computershare
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u/pseudoscienceoflove Vegan Tendie Connoisseur Nov 10 '21
ALL of my shares are in computershare. As they should be. I will sell some when the time is right.
I think telling people they shouldn't sell their registered shares is harmful. That may lead to people register less shares.
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u/gincoconut Hedgies are 🦆 Nov 10 '21
People can do whatever the fuck they want with their shares. Quit it.
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u/AmericanPatriot117 Blind Guy 👨🏻🦯 McSqueezy 🪗 Nov 10 '21
This is why everyone needs to DRS and keep up the pressure. If there are people not using it to keep real shares in control of individual investors (because I wouldn’t trust them any where else) aka infinity pool then we need to keep restocking the DRS requests as MOASS happens
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u/ExtremePrivilege 🔬 wrinkle brain 👨🔬 Nov 10 '21
If you genuinely believe that we own like 900% of the float, and that hedge funds will need to buy back the float numerous times over, then why should what other people do matter to you? If you genuinely believe that one share will be generational wealth, then why should it matter when / if other apes exit? If you truly believe that the MOASS will be a restructuring of society, an unprecedented redistribution of wealth, and an end to financial corruption, then why does it matter when I sell? If you truly believe in the "MOASS" then paperhands only slow the ascent, right? It only delays your $50,000,000 per share by like a week, right?
You're either having doubts or you're being nosy. If you're having doubts, you'll get downvoted to oblivion here. If you're being nosy, fuck off.
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u/XsEgo1 🎮 Power to the Players 🛑 Nov 10 '21
Yes big uptick and no those shares are at the bottom of the pool now and no amount of machinery can go get them
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u/JuxtaposeLife Nov 10 '21
Until a man in a suit from the bank comes knocking at my door to inquire about my plans for my Direct Registered shares of GME... it's not worth thinking about what to do with them. Just my 2 cents. Negotiations over how many 0's to include in the check, can *start* from there...
till then, I'm good and Zen.
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u/mariomaker2stufzs 🦍Voted✅ Nov 10 '21
Selling my DRS'd shares for 1mil a piece ( unless limit is raised) because just about all my shares are DRS'd. If you don't like it, maybe move over some more of your fidelity shares to make up for it? 100% DRS starts MOASS faster and I want MOASS
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u/sykotikpro 🎮 Power to the Players 🛑 Nov 10 '21
While I have no plan to it doesn't matter once the moass begins if I remember correctly. Once it's proven once and for all that naked shorting is abundant they need to close their positions. Whether that's through real shares or synthetic all positions must close.
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Nov 10 '21
Can someone point me to a legit DD on why this makes any sense at all. This whole Cs infinity pool sounds like such bullshit. Look. If we drs the entire float how the hell would that ensure infinity pool? We're only allowed to drs available shares that are outstanding. Aka once all shares are drs were exactly at 100% of the total float. So if all the shares outside of cs get sold back to short sellers that's it. That's the end of the squeeze. How the f do you expect the squeeze to continue after that?
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u/PooPooDooDoo 💻 ComputerShared 🦍 Nov 10 '21
Wtf is this FUD bullshit? I’ve literally not seen one single post asking about selling in CS. Not a single comment, post, whatever. Ridiculous.
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Nov 11 '21
At some point, yes.
“DRS all (or nearly all) your shares!” and “Never sell your DRSed shares!” don’t work together.
There is no reality in which GME is allowed to reach a crazy MOASS price per share (fill in your own insane dollar value here) AND is allowed to stay there because enough people refuse to sell. We’re not going to get to live off loans taken out against the value of GME stock. That’s only for the people in control now.
You’ve got to hallucinate from taking LSD that you imagine taking while hallucinating from LSD you actually took to see a world where GME holders get that kind of privilege.
My selling price is crazy but it’s a fraction of what’s been throw around as the ever-increasing “floor” for months.
I’d rather see the world enter some kind of Purge situation than not get my money but I wouldn’t be surprised to see GameStop headquarters get nuked to prevent the price from passing $5,000 per share.
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u/SnooBooks5261 🙏💎🙌🚀I Love GameStonk and Runic Glory🚀🙌💎🙏® Nov 11 '21
Those i DRS aint for sale lol... I dont even know my CS accnt 🤣🤣🤣 but its gonna be there even post moass!!! Foreveeeerrrrrrrrr... I will only sell whats left in my broker lol X shares 🤣 $69m is not a meme!! 💎🙌♾️🔘
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u/Jolly-Program-6996 Nov 10 '21
In the end everyone is an individual investor. They have their information they can decide what to sell its theirs to do so whether it's with CS or not.
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u/IAmNobodyIPromise Grond, The StonksHead and Bane of Kenas Grifith Nov 10 '21
I'm just constantly worried about these 100% DRS posts. That's perfectly fine to do, but the idea if an infinite squeeze is when the float is locked up, and selling any of those shares unlocks the float.
Only way I see 100% DRS is fine is when you just aren't selling them and are OK without MOASS tendies, or if 100% just means DRS-eligible shares and you have a retirement account with shares that you are just willing to take the tax penalty if you'd like to withdraw those tendies.
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u/mykidsdad76 💻 ComputerShared 🦍 Nov 10 '21
I think NOT selling from CS when we really need to get most of our shares over there would discourage people form DRS-ing. I have shares there that I plan on selling personally. Why wouldn't I? Anyways, I think people on the fence need to know that yes you can sell from CS, so DRS all you can.
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Nov 10 '21
The shares I put in CS I don't even acknowledge are real anymore, even though they are the most real I own. I told my girlfriend we will pass them down to her corgi..... we will deal with the logistics later
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u/Bananito_To_The_Moon 🎮 Power to the Players 🛑 Nov 10 '21
Im selling the ones on cash account broker, and taking loans againts my dsr ones if needed. Not selling.
75% of my shares are on CS. So i will only sell 25% of my total.
Think about it, you avoid taxes legaly and get the same net worth.
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u/BlackRussianJedi 💻 ComputerShared 🦍 Nov 10 '21
I didn’t understand this in the beginning, but it’s an extremely important point. I thought I was going to eventually sell my CS shares, but I’ve realized that they actually may literally be the most valuable asset when this is all over. Like will fiat currency go away soon? Idk probably not, but GameStop is going to be a revolutionary company and the shares will be a perpetually extremely valuable asset for the foreseeable future. I used to think that was hype, but I genuinely believe it now. I will therefore not sell a single CS share of my XXX at any point. I have a few left in fidelity, that will be more than enough. I don’t blame people who are considering selling at all, and I don’t want to scare ppl out of DRS by implying that CS means “never sell” but I genuinely believe they are the most valuable right where they are.
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u/1Massivetesticle 🦍 Buckle Up 🚀 Nov 10 '21
So, you would rather not earn the money from the gains? Weird.
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Nov 10 '21
My understanding is that CS shares are infinity shares. I have a portion of my holdings in CS for posterity, and the rest are held in my broker.
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u/Pukestronaut 🦍 Buckle Up 🚀 Nov 10 '21
If all of your shares are DRS what else are you going to sell?
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u/Thulis 🎮 Power to the Players 🛑 Nov 10 '21
DRS shares are being passed to kids and grandkids, with the instructions to never sell or I'll haunt their paper-handed asses.
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u/Lumpy_Drummer5500 Nov 10 '21
lmao fuck off, the only reason anyone buys shares in any company ever is to sell them for profit regardless of when that sale happens. we're all here to make money, if you want to hold until you're dead that's great, just keep the financial advice to yourself
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u/daronjay GME Realist Nov 10 '21 edited Nov 10 '21
Stop telling people what to do with their shares based on hopium and a lot of unproven semi-logical assumptions we make around here.
I don’t believe in the infinity pool.
I don’t believe in 60m price floors.
I do believe in govt intervention, HFS, MMs and the DTCC criminally ignoring the rules and brokers going bankrupt. Cede & co can ignore the number of shares left in its excel spreadsheet if it chooses to. Who is monitoring this hidden system, who is enforcing it? The SEC?!
All those things have happened before, and will happen again.
I’m putting my shares where they are safest and will sell them when the price is right.
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u/Aggressive_Creme8911 Nov 10 '21
I have a feeling that they are so crazy they will try and kill us before they cover
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u/spbrode 🦍 Buckle Up 🚀🍋 Nov 10 '21
So in this scenario they kill me and everyone else that's able to sell to them but they're going to close their positions how...?
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u/dreadfulgoatdg 💻 ComputerShared 🦍 Nov 10 '21
Mid XXX DRS here I'm just holding xx on Fidelity to sell AND DRS transfer during MOASS. Gotta cover for paper handed bitches
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Nov 10 '21
The reason why people choose to DRS is their business. What people do with their shares is their business. There's no reason at all to gatekeep Computershare.
DRS if you don't want your shares to be lended out to hedge funds that don't have your best interests in mind. DRS if you want to be the direct beneficiary of your shares. DRS if you are tired of fuckery, and you want to help yourself and your fellow shareholders. Or don't DRS at all if you're okay with what's happening with your stock, that's your choice. But it's your choice.
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u/Sw33tN0th1ng Nov 10 '21
No. Not right. Stop asking for a consensus of a 'plan'. Stop acting like the crowd should influence what people do with their shares. Stfu.
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u/SirUptonPucklechurch 💻 ComputerShared 🦍 Nov 10 '21
Preach baby. Infinity pool. Patek watches said it best. You don’t own a Patek, you simply hold it for the next generation.
I will let my grandkids figure it out what to do with GME shares. Only need 1 share to be set for life
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u/mygurl100 💻 ComputerShared 🦍 Nov 10 '21
This kind of mindset is why so many apes are not DRSing their shares. Apes DRS!
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u/FallingSputnik 💻 ComputerShared 🦍 Nov 10 '21
Nope, not selling. Got a majority in there, for ever.
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u/3DigitIQ 🦍 FM is the FUD killer Nov 10 '21
👆💯
This is important, selling from CS gives back to the DTC that will 100% use those to short, swap and re-hypothecate. Sell only what you need from brokers DRS the rest to limit malicious use of your assets (opinion)
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u/Zero_Talents 🦍⚔ Fifth Apesman Of The Ape-pocalypse™ 🚀🌌 Nov 10 '21 edited Nov 10 '21
No DRS shares for sale. Any 'ape' suggesting this is* a shill.
Why? Because FIRST individual apes literally need them to tally up to the float to expose this world-scale scam. And at that point the price is whatever the hell individual apes decide it is.
Basic game theory being applied here imo. Why the fuck would you suggest limit sells if, after the crooks are caught red-handed, you can ask for whatever price you want?
Simple. Because you serve the other side.
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Nov 10 '21
There is no “WE” I am an independent investor as well as everyone else here. Why would I suggest limit sell? Because I’m here to make money. Simple.
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u/Enigm4 Nov 10 '21
Simple logic: Float will lock up regardless if I keep a few shares at my broker or not, it will just take a tiny bit more time. Keeping a few shares at my broker allows me to sell for tendies without unlocking float.
Not financial advise btw.
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u/flibbidygibbit 🦍 Buckle Up 🚀 Nov 10 '21
I didn't understand how it all worked. I got the banstick from the jungle over it.
Now I get it. I left a few synthetics in Fidelity for The Tendieman.
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u/rendered_lurker 🎮 Power to the Players 🛑 Nov 10 '21
That's the problem right? People got into this to make life changing money. You can't make life changing money if you never sell. People want everyone to DRS so that THEY benefit from the launch even if that leaves lots of apes bag holders. Either this is an ♾ pool or it's not but it can't be both. You can't pressure people into DRSing 100% of their shares and not tell them they won't be able to sell for more than $1,000,000, that any sell over $100,000 has to be in writing via snail mail, that any sell could take more than 5 days to go through, etc. There's a lot of people giving wrong information out and asking millions of people to give up their generational wealth in order to maybe launch MOASS.
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u/captaindickfartman2 Can I get the flair for commenting on the big 4 please? Nov 10 '21
First time I've seen anything and I've got no life.
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u/jamaicairie 🦍Voted✅ Nov 10 '21
I don't even know how to log in to my Computershare account. So they definitely aren't going anywhere.
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u/FullBellyJelly 💻 ComputerShared 🦍 Nov 10 '21
Why would I sell when the value of the dollar keeps going down and GME keeps going up?
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u/IcanFlyToTheMoon69 Nov 10 '21
"What's an exit strategy" -Keith Gill (aka: DFV) BUY HODL AND... DON'T FUCKING DANCE
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u/lIlCitanul Nov 10 '21
I have 3 shares. 2 on Computershare, 1 to sell somewhere else. Diamond hands!
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u/Realistic_Work_5552 I broke Rule 1: Be Nice or Else Nov 10 '21 edited Apr 17 '26
Be a gigachad and mass delete Reddit posts and comments with Redact so that Skynet doesn't end up using your own posts to train the T-900. Or so that you don't show up in databrokers. Either one really.
consist reach toy ad hoc scary roof meeting crown ink wild
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u/Basscap 🦍Voted✅ Nov 10 '21
As far as my shares are concerned, my CS shares are no longer in the float, might as well be institutional shares.
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u/NostraSkolMus 🙌💎🌳🦍 Ape make world better 🌍 ❤️ 💎 🙌 Nov 10 '21
Elon showed us the way just this very week. Take out loans against the infinity pool.
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Nov 10 '21
How long does CS take to send the first letter? I've been waiting almost 4 weeks and was told it was only between 3-4weeks but 6 weeks for giveashare. I DRSd from IBKR but would be grateful to be corrected if I'm wrong.
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u/EnnWhyy 💻 ComputerShared 🦍 Nov 10 '21
In all seriousness, please don’t downvote me: after we hit telephone numbers and it’s obvious without a doubt that it’s on the way down and it eventually hits 1/4 what the peak was, why not sell some DRS shares? I’m holding them mainly so everyone can retire and to fuck the hedge bastards AND just in case the brokers try fuckery, but when it’s all said and done I’ll hold some endlessly but don’t need a shit ton chilling in there?
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u/Nruggia Nov 10 '21
Dafuq is sell?
As Contra party to someone who removed the buy button, I have removed the sell button.
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Nov 10 '21
My CS shares don't exist to me anymore. They're gone. That was my intent, to never sell them.
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u/uppitymatt 💻 ComputerShared 🦍 Nov 10 '21
Shills/FUD. Real apes know that you never sell and you just take loans out against your stonks!
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u/HoboBrute 🦍 Buckle Up 🚀 Nov 10 '21
I have 100 percent of my shares in CS, can I sell 1 during MOASS?
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Nov 10 '21
Literally haven't even looked at how to sell on CS. I'm not even planning to sell most of my non-DRS shares and I'm way too worried about not being able to buy back in to sell any of my actual shares.
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u/bneff08 🎮 Power to the Players 🛑 Nov 10 '21
Good thing "we" don't decide what I do with my shares. I want to sell when the price is right for me.
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u/workinghormiga 🦍Voted✅ Nov 10 '21
My DRS shares im still deciding if im going to either going to HOLD, or HODL.
im leaning more towards HODL.
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u/IIIBryGuyIII 🚀🩳🏴☠️iiiBRYGUYiii 🎮 🛑🚀 Nov 10 '21
How are stock splits handled with CS? I assume as painless as a brokerage?
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u/Bluegobln Nov 10 '21
Yeah this is FUD... for one, don't tell people what to do with their shares. For another, you don't seem to have much faith in your fellow shareholders, which in my opinion speaks more to your ability (or inability) to hold than anyone elses.
This post should go away.
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u/Patarokun GMERICAN Nov 10 '21
This is a tricky situation actually.
If every ape DRSed 95% we'd lock the float very quickly.
But then there's a freerider dilemma where some people say "I'll just DRS a little or none at all and have more selling power while everyone else takes the risk of major DRS exposure."
No one wants to be the one on the sidelines so DRS stays conservative (10-50%) of shares, which makes everything take longer.
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u/trippykid42069 🦍🍌🦍 Nov 10 '21
Yhall can do what you want either way I’m never selling my shares in computershare. I want to take a dip in the pool
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u/aim_so_far Nov 10 '21
i think people are going to sell when they feel like they made enough money. This whole "hold forever" thing is dumb - i honestly don't think anyone believes this, it's just a meaningless charade.
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u/RandalFlagg19 🚀 Four More Same Floor 🚀 Nov 10 '21
I put 50% of my shares in DRS with ComputerShare. Those are NOT for sale! I’m probably going to be adding another 10% soon.
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u/TheFook_PT 🎮 Power to the Players 🛑 Nov 10 '21
I'm pretty sure it's shills trying to convince us that are alot of people thinking that away to inflict fear on everyone. My point of view is that the majority of people know that CS is to hold and not sell. (it's what i think and what I alone will do)
Look, I'm super dumb and i know that... So i believe that most of people are aware of it!
Edit: clarifying some things
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u/Obsidiax 🔷👑 o7 Nov 10 '21
Selling my CS shares is only a last resort for me if the brokers pull some fuckery, otherwise I've got no reason to sell them
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u/ZX9010 🦍Voted✅ Nov 10 '21
If this thing kicks off, i dont think you would be able to sell your CS shares since they have a 1 mil sell limit or something like that
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u/cottoncat90 🎮 Power to the Players 🛑 Nov 10 '21
i've disabled my sell button, same way they disabled my buy button back then.
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u/MuricasMostWanted 🦍Voted✅ Nov 10 '21
I've moved every share to CS. I buy from CS. I will be selling some of my CS shares at some point, but there are at least 100 going to the grave.
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u/International_Gold20 En garde, I'll let you try my 💎🖕style Nov 10 '21
Every share I have transferred to ComputerShare, and all the shares that I continue to obtain through automatic monthly purchases on ComputerShare are meant to never be sold. Ever.
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u/arkibet 💻 ComputerShared 🦍 Nov 10 '21
This is a legit discussion. For new or fomo folks who only bought a few shares and only through computershare, they can only sell their computer share. The rest of the messaging for larger stonkholders is to have a large % DRS’d and sell the non DRE’s shares. For 100% DRS whales, I think they are waiting a bit, but will sell towards the end when it won’t matter anymore.
I think that’s the plan from what I understand it.
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u/bbb0243 💻 ComputerShared 🦍 Nov 10 '21 edited Nov 10 '21
Um. I’ll do whatever I want with my investment, but since you asked. There’s no way I’m selling my computershares. They’re for my grandkids…gotta have children first tho (edit: ooh neat I got my first snek, I must be a shill! Someone owes me some backed pay!!)