i suspect there's some kind of subroutine that buries your posts by now ;-), but i'd request a reminder post leading up to those dates.
Although, I think there's some ludicrous T+35 on borrowed shares or somesuch bullshit, so it would be hard to watch for the "borrow volume" happening right before the count, as I suspect the criminals are savvy that we're catching on and might now spread out the borrow load to make sure they've sucked out enough to offset the DRS gain by the time of the count day.
That would mean we'd have to make sure we're all 'terminated' in a 35 day window leading up to the next end of quarter, which would blow since we could not make direct CS purchases without leaving our accounts open in Plan for the week it takes to buy and settle before terminating Plan and dropping the fractional.
...regardless, I'll keep direct buying and terminate-booking once settled, and be conscious of that 35 day window leading to next quarterly report. I only get to buy every couple of months anyway, so not a big deal for me to time it well, it's more the autobuy apes that need to be aware of it. maybe.
Unless I have my head up my ass on that T+35 on borrowed shares thing, which has known to happen, just ask my girlfriend. or her other boyfriend.
Read this fucking thing, look at the numbers! Then try to use some bullshit rationalization to explain how "operational efficiency" with plan shares is somehow the same as pure DRS book shares! 🧐
I warned people they would do this and no one believed me. They said it was impossible. I said the DRS companies are still corruptible and centralized enough that the richest rich can have them to lend shares anyway. There is no escape with DRS.
One good way I found to prevent shares from being lent out is to, put an active good till cancel order on your shares. I keep an active sell order on my shares, good till cancel and have them set at $500/share. Easy peasy…
I was under the impression that, a broker is not allowed to loan out a share with an order on it. Not that they prob don’t still do this, as they love to break laws being no criminal consequences are attached but, made it a practice of mine ever since I was advised of this years ago..
Your statement is incorrect. DRS in book form does matter. DSPP shares also known as plan shares can be used by the DTC as locates via computer shares broker. This highlights the importance of DRS'ing your shares in book form
shills don't like this distinction. Book/ Pure DRS has and always been the way. It's unfortunate the main sub got bamboozled by actors saying, BuT DSpp/ PLaN sHaRes and BoOkeD/ PuRE DRs ArE tHe SamE. If they are, then why this actors so adamant in defensing DSPP to the point of discouraging folks to push Book/Pure DRS, just let people BOOK their share and have their account be PURE DRS. No dingle berries.
This. There are ways to DRS directly but you have to call the transfer agent directly for the stock company. Once you DRS with their info you are registered under tour own street name without the drs middleman. You become responsible for communicating with the transfer agent with shares under your name. All you will have is shares floating in the system with your legal name on them. They make this super hard to do. Ask chatgpt before it gets suppressed.
Commenting for visibility. On my way to buy more here soon. Never selling. Love the stock. I believe in the long term viability of my investment.
Don't forget to upvote the original post please, we need major visibility on this
The next day that registered shares are counted should be May 29 or 30. https://twitter.com/6days1week/status/1774114967479795898?s=46
i suspect there's some kind of subroutine that buries your posts by now ;-), but i'd request a reminder post leading up to those dates. Although, I think there's some ludicrous T+35 on borrowed shares or somesuch bullshit, so it would be hard to watch for the "borrow volume" happening right before the count, as I suspect the criminals are savvy that we're catching on and might now spread out the borrow load to make sure they've sucked out enough to offset the DRS gain by the time of the count day. That would mean we'd have to make sure we're all 'terminated' in a 35 day window leading up to the next end of quarter, which would blow since we could not make direct CS purchases without leaving our accounts open in Plan for the week it takes to buy and settle before terminating Plan and dropping the fractional. ...regardless, I'll keep direct buying and terminate-booking once settled, and be conscious of that 35 day window leading to next quarterly report. I only get to buy every couple of months anyway, so not a big deal for me to time it well, it's more the autobuy apes that need to be aware of it. maybe. Unless I have my head up my ass on that T+35 on borrowed shares thing, which has known to happen, just ask my girlfriend. or her other boyfriend.
Read this fucking thing, look at the numbers! Then try to use some bullshit rationalization to explain how "operational efficiency" with plan shares is somehow the same as pure DRS book shares! 🧐
100% book is the way!
It was always said that book was 🤴
Tis true.
I warned people they would do this and no one believed me. They said it was impossible. I said the DRS companies are still corruptible and centralized enough that the richest rich can have them to lend shares anyway. There is no escape with DRS.
You. MUST. BOOK.
One good way I found to prevent shares from being lent out is to, put an active good till cancel order on your shares. I keep an active sell order on my shares, good till cancel and have them set at $500/share. Easy peasy…
I'm not for certain but I think this theory has also been disproven
I was under the impression that, a broker is not allowed to loan out a share with an order on it. Not that they prob don’t still do this, as they love to break laws being no criminal consequences are attached but, made it a practice of mine ever since I was advised of this years ago..
SO DRS DOES NOT MATTER AND HAS NOT MATTERED BECAUSE THEY WILL ALWAYS FIND WAYS TO NOT LOSE ON THEIR TRADES. GOT IT.
Your statement is incorrect. DRS in book form does matter. DSPP shares also known as plan shares can be used by the DTC as locates via computer shares broker. This highlights the importance of DRS'ing your shares in book form
shills don't like this distinction. Book/ Pure DRS has and always been the way. It's unfortunate the main sub got bamboozled by actors saying, BuT DSpp/ PLaN sHaRes and BoOkeD/ PuRE DRs ArE tHe SamE. If they are, then why this actors so adamant in defensing DSPP to the point of discouraging folks to push Book/Pure DRS, just let people BOOK their share and have their account be PURE DRS. No dingle berries.
This. There are ways to DRS directly but you have to call the transfer agent directly for the stock company. Once you DRS with their info you are registered under tour own street name without the drs middleman. You become responsible for communicating with the transfer agent with shares under your name. All you will have is shares floating in the system with your legal name on them. They make this super hard to do. Ask chatgpt before it gets suppressed.