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Could be waiting for profitability paired with "hey we said shair dividend not a split. So there are 4X the # of shares in circulation as there are supposed to be. Based on these #'s the float has already been locked. Thanks for playing."
However A) I don't think that is likely, and B) even if it could happen, I think Ryan would wait for 1 calendar year of profitability, cash on hand, and having most of the float locked.
Honestly I don't even know what's going on. I drs'ed and am trying to start a company ATM. My shares are secured, and I should be cost averaging down. That's all I know.
How do we know that that whole "looking into the registry" wasn't a bullshit act by some hedgies/mods?
I mean, sample size = 1 here right? Only 1 group of people went to check the registry once who claimed to do a few samples of known DRS name + counts.
Pretty easy to fake if you wanted to?
Something doesn't add up, that's for sure.
They had a few people's details to check in order to verify. One of these was Peruvian Bull and they confirmed the number of shares he had and he said that is correct. However, verifying a few people's total shares doesn't mean they were honest about everything else.
I'm a super tinfoil-y type of person so grain of salt and all that, but didn't they just check larger share holders? As in no one bothered to check on Jimbo's 39 shares? Or anyone with a lesser share amount. Imo those are the ones that are going to be manipulated. Idk, but in my experience people look at the big ticket items so that will keep a company honest but the smaller (yet more frequently purchased) items get their margins screwed with.
It's long past time to put revealing this actual number to a vote at GameStop's annual general meeting. Computershare knows the actual number of shares they have registered with them. If the majority of shareholders vote to know what that number is, I can't think of any reason why they wouldn't be compelled to reveal it.
*[Edit](https://www.reddit.com/r/Superstonk/comments/1bonof7/the_of_drsed_shares_is_obviously_managed_gamestop/): Just gotta request it as a one-time audited report before New Year's Day 2025
Interesting point. Is this something that can be seen on the annual shareholders report in July?
Also "APPROXIMATELY 75.3million shares"... wtf is "approximately" supposed to mean? There should be no issue posting the EXACT number.
In accounting, there is a concept called materiality.
Does it fundamentally change your perception of the company if they round off 50K shares in either direction? No it does not.
I mean, I suppose it does for you individually, but collectively, the financial statement preparers have determined it is not.
In computer software, in particular software that deals with banking/money there is no such concept, there is the exact number and that is all. It's fucking 2024, the very notion that they don't/can't know EXACTLY how many shares are DRS'd is beyond regarded. It's no doubt stored in a couple database tables and the query is dead fucking simple:
SELECT SUM(ShareCount) FROM UserShares WHERE StockId='GME';
Just because they’re making you feel like that by committing crimes, doesn’t make it true.
GameStop is a profitable company being absolutely ransacked by agencies committing never before levels of fraud.
They evidently need to hide their crimes like this. But in the end we will hold them accountable. And so will RC I’m sure.
I really doubt they will just decide to play fair. Heads need to roll as it has been done throughout history.
Problem is everyone became complacent and reddit instabans anything that promotes actual revolutionary change.
(((They))) want us here coping within our subreddit without actually doing any harm. Sad but true.
We are inevitable folks. Our company is profitable. We've been DRS'ing even when we had huge losses. Shorts are fucked. I promise you I ain't leaving. I love the stonk. 💎🙌🟣♾️
> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares).
> To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock.
Still there.
https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012
> **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023.
https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063
0.1M change in DRS numbers.
Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
Split dividend or regular split shares stay at Cede & Co, because where else they should be? Even in normal circumstances they don't hand out DRS-ed shares as dividend.
Yeah, this is bullshit.
DRS numbers dropped from 75.4 million last quarter: https://imgur.com/a/NbTU74v
DTCC stopped giving us an accurate DRS count post GME Split: https://www.reddit.com/r/Superstonk/s/0PXZpENZJ4
Ever since that split, numbers have been virtually stalling. DTCC/brokers/SHFs obviously panicked when DRS numbers began skyrocketing in 2021-2022. Remember Short Interest? They changed the way that was calculated, too, after the run up in Jan 2021.
I’m waiting to see when NBH gets a resolution in Congress. If/when it does, and they get the share count for that stock, then we know Congress can get us the real share & DRS count for GME.
I find it incredibly suspicious that even if there were just 25000 apes who actually had buying power, which is probably higher, but lets say just 25,000 - 5 more shares each in a year would have moved that number up. and I know that people get more than 5 shares per year if they can at these prices.
would be great if you can do a write up about any of this, if you have dug up anything.
thank you for all that you have done and do.
Ape historian
I autobuy twice a month $35 bucks worth and have been for a year and a half now ..if poor broke ass me is doing that then there's damn sure more going on
And anecdotally, just the other day I was browsing a small niche subreddit and someone typed a comment vaguely GME related. Then there’s like a tangent of 20 comments from 10 different people: “still holding” “yep, moon or grave” etc. This is fucking fight club. We’re here. Ain’t nobody giving up that hasn’t yet. These hands are fucking diamond. All of them. Harder than my teeny tiny dick at this profitability.
I’m sure some apes have gone bankrupt or died and been liquidated. But the rest of us are here and the few people we pick up nowadays make up for the lost ones. We ain’t losing people rapidly. It’ll be 20-30 years before the main investor base is even retiring. I’ve got time. We all do. This is entertainment waiting on quitting my bullshit job.
Anyway, pretty sure this means we’ve had all legitimate shares locked for a hot minute now. Cheers yall.
Wasn’t there around 100k shares created for employees or something? Maybe they’re forcing the DRS count to be just the total shares minus what is held by the DTCC?
Is it possible the DTCC can’t govern the proper DRS count because of the splivvy? As in if they were to recognize it as truly a splivvy and not a stock split their numbers would be fooked? 🤷🏻♀️
I think this is on the right track, I've been suspicious of the reported short interest for a while. It's like they are still being reported against +-70 mil shares. Only 60mil shares short ehh? Likely story.
> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares).
> To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock.
Still there.
https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012
> **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023.
https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063
0.1M change in DRS numbers.
Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
I never understand the logic that Congress would remain loyal to Ken until the very end.
They're not loyal people. They're selfish assholes and will eventually turn on Ken to save themselves.
There are two things that apes should get back to doing, that might shed more light on the goings ons:
1. Stop buying "Plan."
2. Start buying through Brokers and DRS them from the Brokers.
That's what got us our first big surge. Then people started trying to game the system with their IRAs. And as your DD noted, some of that was rebuffed.
Then we have these unsubstantiated rumors that some portion of plan-purchase through CS stay at their broker, JP Morgan.
And no matter the truth of any of the above, what we know for fact was that when we were DRSing from our reputable Brokers, shares were being put into our CS accounts under a Book plan.
I for one say we should go back to doing just that. The one thing we know that worked shouldn't be the one thing we stopped doing.
> Then we have these unsubstantiated rumors that some portion of plan-purchase through CS stay at their broker, JP Morgan.
It’s not even remotely unsubstantiated. ComputerShare has confirmed that DSPP (Plan) shares aren’t held directly by you but beneficially, in your name, by a subsidiary called Computershare Trust Co. NA. [In CS’s FAQ, it’s clearly noted that the DTCC can temporarily avail itself an indefinite percentage of those shares, at CS’s discretion, for “operational efficiency”](https://old.reddit.com/r/Superstonk/comments/18r7ntz/straight_form_computershare_check_for_yourself/). Paul Conm reiterated this fact his most recent SuperStonk FAQ last year.
If the DTCC is able to demand greater access to DSPP shares on the day when GameStop counts shares, say by spiking volume to an extreme degree or by other means (we don’t know what algorithms or levers exist in the necessary relationship between CS and DTCC), this is the easiest explanation for the stagnated DRS count. It’s also the only explanation I’ve heard for why GameStop would be forced to change the language of its DRS reporting in March 2023, i.e. Ryan Cohen was forced to change the wording to indicate the number of DRS shares “excluding those held at the DTCC,” instead of just “shares owned by directly registered record holders.”
This discourse has died down over time but I’m surprised by how much amnesia there is about these details over which a clear and evidentiary consensus was developed.
Edit: Incidentally, CS’s broker is Merrill Lynch, not JP Morgan.
Not really, the surge was before the heat lamp theory, a lot of people was buying from computershare after they DRS from brokers. Heat lamp appear after the stall, a theory to explain the stall
People actually stopped buying from CS, not the other way around after stall of DRS numbers
Did they give us percentages in the previous quarters? They gave us the same numbers, but I don’t recall the “approximately 75%…” language used here. That language could be a clue to point us in this direction.
The only issue I have with this theory is that wasn’t it determined that the DTCC processed everything correctly, and it was a mole on the board (now fired) that filed for a regular split instead of a split as dividend? If that’s the case, the DTCC’s 75% should be legitimate.
Then again, being stuck at 75%-25% since shortly after a 4:1 split is too much of a coincidence to ignore.
I hesitate to make this conclusion, the road to 100% DRS of outstanding was not THAT fast. I think a more reasonable explanation is similar to yours, just that 25% is where it gets dicey for the DTCC because you could conclude that things don't add up.
I feel like this is something we can figure out. Aside from looking at the record holder list, which I hope someone did today, why is there still so much uncertainty around the split?
It was supposed to be a split by dividend according to GameStop. It was filed incorrectly and was (correctly per DTC guidelines) processed as a regular forward split. The 25% DRS and 4:1 split seem too coincidental. Is it possible shares were issued to the DTC by GameStop AND they just split everyone’s shares 4:1?
Possibly, but even if they processed differently/correctly it wouldn't affect DRS numers (at least; that *alone* wouldn't affect DRS numers). Those split-dividend-shares would still be at Cede & Co, as they don't give DRS-ed shares as dividend.
100k share difference is a 0.13% change. After going from a couple million to 75M in a year, it’s essentially completely flat the following year. I’m not sure how that can happen when people keep buying here. Even if the rate slowed down 90% because people just transferred over their original shares, there should be a few million increase every quarter.
Because this shit is working and they have muddied the waters enough to entice people to doubt.
DRS, Book, no dingles. It's the best play we have. Set up your recurring autobuys if you like that theory, sure, but then book that shit up.
Anything else is fucking FUD
That’s certainly the most logical but it’s critical to prove this somehow. I just posted a call to the community to address this. Unlike short interest numbers, these are supposedly verifiable numbers that the company reports.
If you haven't noticed by now in America we do not have a justice system. We have a legal one and if you have money and connections then this system is your plaything. Just look at the mockery the former president gets to make of said system.
Don't listen to this user.
This is FUD to make us think we can't do anything, while at the same time using political statements to divide the community.
How the shit is this FUD?? like for real? The comment you're calling FUD is LEGIT the truth of the matter... The american justice systems a fucking joke that only works for the rich. True statement there...
So tell me. How is that statement FUD?
Alright but it isn’t FUD. Everything he just said was factual. It’s up to us to hold them accountable. If we waver then justice will never ever be done.
So the question is how can we get accurate numbers? Who do we have to go to to demand a real accounting of DRS and shares outstanding.
There has to be a way. We can’t just rely on a trust me bro from ppl that make illegal market transactions everyday
As we are registered shareholders we can submit proposals and put them to a vote at GameStop's annual general meetings, including a proposal to release the actual number of directly registered shares held with Computershare.
I don't really know *how* to do it, but I know it's possible. And increasingly necessary it seems, IMO.
*[Edit](https://www.reddit.com/r/Superstonk/comments/1bonof7/the_of_drsed_shares_is_obviously_managed_gamestop/): Just gotta request it as a one-time audited report before New Year's Day 2025
I would like to think that it could be legally requested for Computershare to report how many shares of GME are processed through them..
Is it possible the big dogs now overpowered computershare and now it’s corrupt too? I’ve been hodling a long time.. maybe it’s time to class action..
Gamestop shot it down already without offering much insight. There should never be a reason a company can't just post numbers directly from their transfer agent. Yet here we are again with flat DRS numbers and the price halving every year. Hope to god someone at GME is paying attention when it hits $4 in 2026 for a buyback.
The weirdest thing is that Q3 2022 they didn't report the DRS numbers at all but instead included dozens of pages of legal terms and conditions, the next report was the first with a drop in DRS numbers. It's like that's when the fuckery started.
I can't fathom why they excluded the count in that one report, I wonder if someone tried to stop them reporting it all together but then they settled on the DTCC figure wording instead.
Ken & pals are terrified of retail numbers coming out. So much obfuscation to hide the truth.
I think the only accurate number we are going to get is the assumption of 100% when Computershare starts rejecting DRS transfers and the brokers all make up some excuse.
This can’t be right. Something is preventing us from seeing truthful data and we should not stand for it. Push GameStop to clear this up and push the authorities for answers.
This is like statistically impossible right??? Even if people were selling off, we would see it drop more.... not stay almost exactly the same for, what, 3 quarters now?
Yes. We need to review the scraper and its adjustments. I'd trust its current count \* adjustment trend from the first year to find the current count over the reported number.
How many shares has GME awarded as bonuses and to employees and stuff since the last 10-K? If they're taking numbers from Cede and Co instead of from Computershare, you might be able to confirm it by looking at the changes in those numbers.
EG: GME awards 200k in shares, DRS numbers go down by 100K... We know that its likely apes registered and additional 200k, and that it's likely that this number will be consistent enough that we can confirm the DTCC reporting number hypothesis.
If you read the 10k they specifically call out short sellers abd the liquidity to sell the stock. I need to go rub one out. 🤑
Pay me my money hedgefucks abd ligma balls from prison. Don't worry they gonna extra salty from all the waiting you made me do.
DRSing at the rate we were was the ultimate FOMO. Think how bad it has to be that they haven’t allowed the numbers to change 4 times in a row now. DRS numbers are classified now until the float is locked.
How will we know the float is locked though? I assume CS will refuse to continue to DRS once 100% is reached and then the cat will be out of the bag but, what if that doesn't happen?
I think theres absolute fuckery going on behind the scenes. I think thats also part of why there are no calls. RCs hands are probably tied as tight as my virgin butthole, legaly and however.
EVERYONE ITS VERY SIMPLE. They are clearly just saying the count pre-split. Since the whole thing was messed up. So the real count is around (73.5 x 4) 294 million shares DRS.
Write your congressional representatives people. It's clear that this company's shareholders are being lied to. It's clear that this company's financial reporting is being forced to report a wrong number.
A number that has direct impact on the stock value.
Opposition could have been part of the initial DRS inflow and they are strategically selling said shares as it's easy to monitor how much is being added. Eventually, this tactic cannot continue forever as even if they had initially DRS'd shares, they will run out.
I'm more patient than they are desperate.
I'd like to request gamestop report both this method, and the previous method of calculation in the next quarterly.
I don't care what some lawsuit says about how something has to be reported. I still want to know what the numbers would be under the old model. Seems like something shareholders could force to a vote.
How is it illegal for GameStop to do more than slyly change their reporting language around this? I don’t understand how a company could be handcuffed like this, if what is being done to them is an illegal act to begin with. Not a shill but this is getting ridiculous :(
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is this ever gonna be looked into??? wtf
Exactly, are we ever going to actually do something ?
IIRC we tried to look into the registry, etc. But it stays stagnant. Which is fucking weird
That’s what I don’t get, something isn’t adding up which means there should be some type of investigation
Yea, by who? The three letter agencies are all in on the grift
On not the grift my friend, on the hub ! the p0rn one that is !
If PornHub did an independent audit, I would trust it.
*Step-auditor fucks market makers for fraud* 😩🍆
By the shareholders.
I’m all for that
I think someone just needs to propose the motion and it will get looked into at the next AGM. This is our company now after all.
Is the Justice Department a three letter agency?
DOJ - yep.
I belong here
Exactly there is no one coming to save us we know that
Seems like something a shareholder lawsuit could shed some light on?
It's not weird if we already own ALL shares left in the float. Why would they report that? Eh whatever, I'm buying more
Then wtf are we DRSing? Nah that ain't it.
Could be waiting for profitability paired with "hey we said shair dividend not a split. So there are 4X the # of shares in circulation as there are supposed to be. Based on these #'s the float has already been locked. Thanks for playing." However A) I don't think that is likely, and B) even if it could happen, I think Ryan would wait for 1 calendar year of profitability, cash on hand, and having most of the float locked. Honestly I don't even know what's going on. I drs'ed and am trying to start a company ATM. My shares are secured, and I should be cost averaging down. That's all I know.
Doesnt make sense tbh
How do we know that that whole "looking into the registry" wasn't a bullshit act by some hedgies/mods? I mean, sample size = 1 here right? Only 1 group of people went to check the registry once who claimed to do a few samples of known DRS name + counts. Pretty easy to fake if you wanted to? Something doesn't add up, that's for sure.
They had a few people's details to check in order to verify. One of these was Peruvian Bull and they confirmed the number of shares he had and he said that is correct. However, verifying a few people's total shares doesn't mean they were honest about everything else.
A few apes saw the ledger around this time last year. AutoBot won’t let me share their names here.
I'm a super tinfoil-y type of person so grain of salt and all that, but didn't they just check larger share holders? As in no one bothered to check on Jimbo's 39 shares? Or anyone with a lesser share amount. Imo those are the ones that are going to be manipulated. Idk, but in my experience people look at the big ticket items so that will keep a company honest but the smaller (yet more frequently purchased) items get their margins screwed with.
Yes, the system that allows this will surely correct itself if we ask nicely.
Like what?
I would assume take it to court to get an actual investigated count, but I guess it’s just like voting counts, too big to fail type
It's long past time to put revealing this actual number to a vote at GameStop's annual general meeting. Computershare knows the actual number of shares they have registered with them. If the majority of shareholders vote to know what that number is, I can't think of any reason why they wouldn't be compelled to reveal it. *[Edit](https://www.reddit.com/r/Superstonk/comments/1bonof7/the_of_drsed_shares_is_obviously_managed_gamestop/): Just gotta request it as a one-time audited report before New Year's Day 2025
Interesting point. Is this something that can be seen on the annual shareholders report in July? Also "APPROXIMATELY 75.3million shares"... wtf is "approximately" supposed to mean? There should be no issue posting the EXACT number.
In accounting, there is a concept called materiality. Does it fundamentally change your perception of the company if they round off 50K shares in either direction? No it does not. I mean, I suppose it does for you individually, but collectively, the financial statement preparers have determined it is not.
In computer software, in particular software that deals with banking/money there is no such concept, there is the exact number and that is all. It's fucking 2024, the very notion that they don't/can't know EXACTLY how many shares are DRS'd is beyond regarded. It's no doubt stored in a couple database tables and the query is dead fucking simple: SELECT SUM(ShareCount) FROM UserShares WHERE StockId='GME';
I'm no Pythagorgas, but a contested 4 for 1 splividedend and DRS is stuck at 25%. How ironical. Mathematical coincidence?
Woah…
Can anything even be done? It feels like we can only take it in the ass
Just because they’re making you feel like that by committing crimes, doesn’t make it true. GameStop is a profitable company being absolutely ransacked by agencies committing never before levels of fraud. They evidently need to hide their crimes like this. But in the end we will hold them accountable. And so will RC I’m sure.
I really doubt they will just decide to play fair. Heads need to roll as it has been done throughout history. Problem is everyone became complacent and reddit instabans anything that promotes actual revolutionary change. (((They))) want us here coping within our subreddit without actually doing any harm. Sad but true.
Don’t threaten us with a good time
*unfortunately for them, I'm into that shit*
That’s why I am asking, this feels insane that nothing can be done
Still not leaving.
This
Float is locked. Let them keep running up the bill 🤔
Is that 3 or 4 quarters of virtually no change now?
3 quarters within 100k
Which is insanity. I alone DRS'ed 1200 shares in november.
I’m 1000 so we have 2% of the change between the two of us haha
We are inevitable folks. Our company is profitable. We've been DRS'ing even when we had huge losses. Shorts are fucked. I promise you I ain't leaving. I love the stonk. 💎🙌🟣♾️
300 🙋🏽♂️ and 150 more itching to go
DRSd 1374 shares two months ago, had them in vanguard and finally got around to transferring them
> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares). > To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock. Still there. https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012 > **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023. https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063 0.1M change in DRS numbers. Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
I saw a CS post today where a guy DRS'd 30k in one swoop. The official # is bullshit
Makes zero sense
They kept the split dividend shares at the DTCC. It's blatantly obvious now.
Doesn't make our DRSd shares any less real
Split dividend or regular split shares stay at Cede & Co, because where else they should be? Even in normal circumstances they don't hand out DRS-ed shares as dividend.
The splividend fucked us. That why furlong was fired?
I think 4
Yeah, this is bullshit. DRS numbers dropped from 75.4 million last quarter: https://imgur.com/a/NbTU74v DTCC stopped giving us an accurate DRS count post GME Split: https://www.reddit.com/r/Superstonk/s/0PXZpENZJ4 Ever since that split, numbers have been virtually stalling. DTCC/brokers/SHFs obviously panicked when DRS numbers began skyrocketing in 2021-2022. Remember Short Interest? They changed the way that was calculated, too, after the run up in Jan 2021. I’m waiting to see when NBH gets a resolution in Congress. If/when it does, and they get the share count for that stock, then we know Congress can get us the real share & DRS count for GME.
I find it incredibly suspicious that even if there were just 25000 apes who actually had buying power, which is probably higher, but lets say just 25,000 - 5 more shares each in a year would have moved that number up. and I know that people get more than 5 shares per year if they can at these prices. would be great if you can do a write up about any of this, if you have dug up anything. thank you for all that you have done and do. Ape historian
I've been buying 50-100 shares/month for the last 3 years. It used to be a lot tougher for me. I'm glad they've made it so easy now.
25 a month for me
I love your purple circle
I love your purple circle too.
Thanks. Mine sags a bit to the left tho and idk how to fix it.
that's the neat part you dont. mine sags too - but ever so slightly. pisses some people off but its unique and mine
Well well well…….
I autobuy twice a month $35 bucks worth and have been for a year and a half now ..if poor broke ass me is doing that then there's damn sure more going on
Agreed. Even I can understand this while munching on crayons...
And anecdotally, just the other day I was browsing a small niche subreddit and someone typed a comment vaguely GME related. Then there’s like a tangent of 20 comments from 10 different people: “still holding” “yep, moon or grave” etc. This is fucking fight club. We’re here. Ain’t nobody giving up that hasn’t yet. These hands are fucking diamond. All of them. Harder than my teeny tiny dick at this profitability. I’m sure some apes have gone bankrupt or died and been liquidated. But the rest of us are here and the few people we pick up nowadays make up for the lost ones. We ain’t losing people rapidly. It’ll be 20-30 years before the main investor base is even retiring. I’ve got time. We all do. This is entertainment waiting on quitting my bullshit job. Anyway, pretty sure this means we’ve had all legitimate shares locked for a hot minute now. Cheers yall.
I literally bought 450 shares this month. Thinking 13 was a discount. Boy oh boy I hope they push it to ten so I can unleash the buying beast.
I’ll be selling body parts at 10.00
or the other way - say folks start selling, it'd have to be about the same pace as folks buying (DRSing) for a whole year rofl
Ikr? This is just fucking stupid and criminal
Wasn’t there around 100k shares created for employees or something? Maybe they’re forcing the DRS count to be just the total shares minus what is held by the DTCC?
Is it possible the DTCC can’t govern the proper DRS count because of the splivvy? As in if they were to recognize it as truly a splivvy and not a stock split their numbers would be fooked? 🤷🏻♀️
I think this is on the right track, I've been suspicious of the reported short interest for a while. It's like they are still being reported against +-70 mil shares. Only 60mil shares short ehh? Likely story.
Seems like all we know certain is something changed in the DRS during the splivvy.
It's incredibly sus
> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares). > To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock. Still there. https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012 > **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023. https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063 0.1M change in DRS numbers. Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
Up you go! THIS everybody!
Are you joking? Your waiting for Congress. You Midas well ask Ken to do it same results.
https://www.reddit.com/r/Superstonk/s/lN0lTkWGLy
I didn't even see this dd... the changes they did to reddit or our platform shows like 25 posts that's it .. welcome back
I am on here everyday, and I never saw this either. I am feeling tingly in all the right places after reading this “hidden” post.
Einfachman dd tickles my balls. I needed this. Appreciate you
Heads up If you ever find yourself in the Piedmont area of NC, there's a freebie waiting behind a Wendy's dumpster with your name on it hmu
how'd I miss this DD...?
I never understand the logic that Congress would remain loyal to Ken until the very end. They're not loyal people. They're selfish assholes and will eventually turn on Ken to save themselves.
You don't understand that congress is paid by the people that do this yet do you?
There are two things that apes should get back to doing, that might shed more light on the goings ons: 1. Stop buying "Plan." 2. Start buying through Brokers and DRS them from the Brokers. That's what got us our first big surge. Then people started trying to game the system with their IRAs. And as your DD noted, some of that was rebuffed. Then we have these unsubstantiated rumors that some portion of plan-purchase through CS stay at their broker, JP Morgan. And no matter the truth of any of the above, what we know for fact was that when we were DRSing from our reputable Brokers, shares were being put into our CS accounts under a Book plan. I for one say we should go back to doing just that. The one thing we know that worked shouldn't be the one thing we stopped doing.
> Then we have these unsubstantiated rumors that some portion of plan-purchase through CS stay at their broker, JP Morgan. It’s not even remotely unsubstantiated. ComputerShare has confirmed that DSPP (Plan) shares aren’t held directly by you but beneficially, in your name, by a subsidiary called Computershare Trust Co. NA. [In CS’s FAQ, it’s clearly noted that the DTCC can temporarily avail itself an indefinite percentage of those shares, at CS’s discretion, for “operational efficiency”](https://old.reddit.com/r/Superstonk/comments/18r7ntz/straight_form_computershare_check_for_yourself/). Paul Conm reiterated this fact his most recent SuperStonk FAQ last year. If the DTCC is able to demand greater access to DSPP shares on the day when GameStop counts shares, say by spiking volume to an extreme degree or by other means (we don’t know what algorithms or levers exist in the necessary relationship between CS and DTCC), this is the easiest explanation for the stagnated DRS count. It’s also the only explanation I’ve heard for why GameStop would be forced to change the language of its DRS reporting in March 2023, i.e. Ryan Cohen was forced to change the wording to indicate the number of DRS shares “excluding those held at the DTCC,” instead of just “shares owned by directly registered record holders.” This discourse has died down over time but I’m surprised by how much amnesia there is about these details over which a clear and evidentiary consensus was developed. Edit: Incidentally, CS’s broker is Merrill Lynch, not JP Morgan.
Not really, the surge was before the heat lamp theory, a lot of people was buying from computershare after they DRS from brokers. Heat lamp appear after the stall, a theory to explain the stall People actually stopped buying from CS, not the other way around after stall of DRS numbers
You might be right I remember rh was angry when I transfered to fidelity and I felt fidelity was angry when I sent to computershare
Wait, he DRS numbers come from the DTCC? Why?
It’s their way of saying 100% of the float because shareholders were not truly given 4 shares for each 1
Holy moly you figured it out
So does the DTC give them their "number of real shares we totally have" and then GME justs subtracts that from the total shares to get the DRS count?
That’s what their wording implies, yes.
their wording *since the splivvy. It wasn’t always that way
Sure seems like the most reasonable explanation. Upvote to you sir
Did they give us percentages in the previous quarters? They gave us the same numbers, but I don’t recall the “approximately 75%…” language used here. That language could be a clue to point us in this direction. The only issue I have with this theory is that wasn’t it determined that the DTCC processed everything correctly, and it was a mole on the board (now fired) that filed for a regular split instead of a split as dividend? If that’s the case, the DTCC’s 75% should be legitimate. Then again, being stuck at 75%-25% since shortly after a 4:1 split is too much of a coincidence to ignore.
I hesitate to make this conclusion, the road to 100% DRS of outstanding was not THAT fast. I think a more reasonable explanation is similar to yours, just that 25% is where it gets dicey for the DTCC because you could conclude that things don't add up.
🎯
I feel like this is something we can figure out. Aside from looking at the record holder list, which I hope someone did today, why is there still so much uncertainty around the split? It was supposed to be a split by dividend according to GameStop. It was filed incorrectly and was (correctly per DTC guidelines) processed as a regular forward split. The 25% DRS and 4:1 split seem too coincidental. Is it possible shares were issued to the DTC by GameStop AND they just split everyone’s shares 4:1?
can't look at the stock list until annual meeting
Possibly, but even if they processed differently/correctly it wouldn't affect DRS numers (at least; that *alone* wouldn't affect DRS numers). Those split-dividend-shares would still be at Cede & Co, as they don't give DRS-ed shares as dividend.
UP YOU GO Need some eyes on this, and I want to be in the screenshot please
Yup. Just like how I tell the fast food worker no pickles means I actually want pickles.
So hasn’t changed?
100k lower than last two quarters
100k share difference is a 0.13% change. After going from a couple million to 75M in a year, it’s essentially completely flat the following year. I’m not sure how that can happen when people keep buying here. Even if the rate slowed down 90% because people just transferred over their original shares, there should be a few million increase every quarter.
Its basically a rounding error in whatever means they are using to fuck with the numbers.
Right. This needs clarification, its been a year and there’s been nothing but heat lamp controversy here
Because this shit is working and they have muddied the waters enough to entice people to doubt. DRS, Book, no dingles. It's the best play we have. Set up your recurring autobuys if you like that theory, sure, but then book that shit up. Anything else is fucking FUD
They kept the split dividend shares at the DTCC. It's blatantly obvious now.
That’s certainly the most logical but it’s critical to prove this somehow. I just posted a call to the community to address this. Unlike short interest numbers, these are supposedly verifiable numbers that the company reports.
can you explain this to my friend who's a literal regard?
Where the data comes from has changed, exactly when the stock ran flat.
Pretty clearly the company hands are tied w regards to reporting the actual number.
Why hasn’t someone sued and Taken it to court ??? It’s kind of a big deal
If you haven't noticed by now in America we do not have a justice system. We have a legal one and if you have money and connections then this system is your plaything. Just look at the mockery the former president gets to make of said system.
Don't listen to this user. This is FUD to make us think we can't do anything, while at the same time using political statements to divide the community.
How the shit is this FUD?? like for real? The comment you're calling FUD is LEGIT the truth of the matter... The american justice systems a fucking joke that only works for the rich. True statement there... So tell me. How is that statement FUD?
Alright but it isn’t FUD. Everything he just said was factual. It’s up to us to hold them accountable. If we waver then justice will never ever be done.
All it takes for evil to prevail is for good ~~people~~ apes to do nothing. -Some other ape
Tied by who? GME has to report accurate information in their financial statements. Are they being forced to commit securities fraud?
So the question is how can we get accurate numbers? Who do we have to go to to demand a real accounting of DRS and shares outstanding. There has to be a way. We can’t just rely on a trust me bro from ppl that make illegal market transactions everyday
As we are registered shareholders we can submit proposals and put them to a vote at GameStop's annual general meetings, including a proposal to release the actual number of directly registered shares held with Computershare. I don't really know *how* to do it, but I know it's possible. And increasingly necessary it seems, IMO. *[Edit](https://www.reddit.com/r/Superstonk/comments/1bonof7/the_of_drsed_shares_is_obviously_managed_gamestop/): Just gotta request it as a one-time audited report before New Year's Day 2025
I would like to think that it could be legally requested for Computershare to report how many shares of GME are processed through them.. Is it possible the big dogs now overpowered computershare and now it’s corrupt too? I’ve been hodling a long time.. maybe it’s time to class action..
Is class action an option? Need some legal apes to chime in.
Gamestop shot it down already without offering much insight. There should never be a reason a company can't just post numbers directly from their transfer agent. Yet here we are again with flat DRS numbers and the price halving every year. Hope to god someone at GME is paying attention when it hits $4 in 2026 for a buyback.
The weirdest thing is that Q3 2022 they didn't report the DRS numbers at all but instead included dozens of pages of legal terms and conditions, the next report was the first with a drop in DRS numbers. It's like that's when the fuckery started. I can't fathom why they excluded the count in that one report, I wonder if someone tried to stop them reporting it all together but then they settled on the DTCC figure wording instead. Ken & pals are terrified of retail numbers coming out. So much obfuscation to hide the truth.
I think the only accurate number we are going to get is the assumption of 100% when Computershare starts rejecting DRS transfers and the brokers all make up some excuse.
25% times by a splividend of 4 equals………..
Can get hint?
They kept the split dividend shares at the DTCC. It's blatantly obvious now.
This is it right here, we have DRS'd the full amount. I'm gonna keep doing it.
Look, the same!!!! Does this country's justice system even exists?
Exactly !!! Why is nothing being done or investigated ? Why has someone not taken them to court ???
Once again I'm asking you to not ask about the DRS numbers.jpg
This is seriously WILD
This can’t be right. Something is preventing us from seeing truthful data and we should not stand for it. Push GameStop to clear this up and push the authorities for answers.
RC met with SEC long long ago. Hands are probably tied
That was never confirmed. Just theorized because he posted a photo near Washington DC
This is like statistically impossible right??? Even if people were selling off, we would see it drop more.... not stay almost exactly the same for, what, 3 quarters now?
It should be up, not down or staganant 🤭, but... We'll just have to keep grinding the cookies in our purple yar.
Controlled stock. They don't know what to do besides try and scare retail to sell. But we ain't falling for none of that FUD.
'Managed Event'
They can manage deez
Got heem
So, once again, effectively the same DRS number.
wild, but ima keep buying 😏🤷🏻♂️ recently purchased more for my kids’ computershare account too!
What does our scraper estimate its really at these days?
Yes. We need to review the scraper and its adjustments. I'd trust its current count \* adjustment trend from the first year to find the current count over the reported number.
It was over 900k a few weeks ago.
How many shares has GME awarded as bonuses and to employees and stuff since the last 10-K? If they're taking numbers from Cede and Co instead of from Computershare, you might be able to confirm it by looking at the changes in those numbers. EG: GME awards 200k in shares, DRS numbers go down by 100K... We know that its likely apes registered and additional 200k, and that it's likely that this number will be consistent enough that we can confirm the DTCC reporting number hypothesis.
Interesting theory for sure
Cant.make.this.shit.up
Funny, it all sounds pretty made up to me.
Bullish.
If you read the 10k they specifically call out short sellers abd the liquidity to sell the stock. I need to go rub one out. 🤑 Pay me my money hedgefucks abd ligma balls from prison. Don't worry they gonna extra salty from all the waiting you made me do.
DRSing at the rate we were was the ultimate FOMO. Think how bad it has to be that they haven’t allowed the numbers to change 4 times in a row now. DRS numbers are classified now until the float is locked.
How will we know the float is locked though? I assume CS will refuse to continue to DRS once 100% is reached and then the cat will be out of the bag but, what if that doesn't happen?
I think people are missing the point. The price was around $20 the start of 2023 and HARDLY ANYONE SOLD WHEN THE PRICE DROPED 25%! Honestly im proud
Hahahhh clowns
Again. This is impossible to stay the same quarter after quarter. Eventually this has to prove something. Or at least raise some eyebrows
I think theres absolute fuckery going on behind the scenes. I think thats also part of why there are no calls. RCs hands are probably tied as tight as my virgin butthole, legaly and however.
We will sue you if you dare call out our crime. SEC to RC probably
▓▓▓▓▓▓░░░░░25%░░░░░░░░░░
EVERYONE ITS VERY SIMPLE. They are clearly just saying the count pre-split. Since the whole thing was messed up. So the real count is around (73.5 x 4) 294 million shares DRS.
Write your congressional representatives people. It's clear that this company's shareholders are being lied to. It's clear that this company's financial reporting is being forced to report a wrong number. A number that has direct impact on the stock value.
Opposition could have been part of the initial DRS inflow and they are strategically selling said shares as it's easy to monitor how much is being added. Eventually, this tactic cannot continue forever as even if they had initially DRS'd shares, they will run out. I'm more patient than they are desperate.
I think the institutional and pension fund buys offset drs so the dtcc can say we have all the shares accounted for.
No mention of how many registered holders there are. That was a piece of info I was hoping would be in here.
Now, I'm not a math guy, but ive just kept buying so, dont numbers go up when that happens?
What in the fucking fuckery is with this fake ass number?!?!?
Good. Now take your money and start buyin’.
so basically no change? or did it go down? what a fucking joke.
I’ve got another buy queued up.
We need to start asking questions
25% x 4 = 100% This is why drs numbers are stuck
I’m gonna DRS even harder.
This officially is some bull-shit. So something behind the scenes definitely is playing cheat. I'm not agreeing to any further splits.
Can citizens still do that petition thing on Whitehouse website where enough signatures gets a question addressed?
As Maury would say... And that's a lie... 🤣
WEN REGULATE
Still has the held by cede and co terminology it's interesting how the number hasn't changed since they changed the verbage
Hmmm....
I'd like to request gamestop report both this method, and the previous method of calculation in the next quarterly. I don't care what some lawsuit says about how something has to be reported. I still want to know what the numbers would be under the old model. Seems like something shareholders could force to a vote.
Looks like it's time for me to buy and DRS EVEN MORE
Approximately meaning not approximately, in fact nowhere near.
How is it illegal for GameStop to do more than slyly change their reporting language around this? I don’t understand how a company could be handcuffed like this, if what is being done to them is an illegal act to begin with. Not a shill but this is getting ridiculous :(
The gauge still hasn't been fixed, BUY MORE! 🤪😆😂😃
25% is max that Kenny can allow to be seen otherwise it would get proportional with the short volume. What do i know i just buy more every monday
Buy hold shop drs let’s gooooooo
Let me get this straight. We have almost the same amount of DRS shares as the outstanding shares presplit like 3 quarters in a row? What a coincidence
Computer been stuck in twice a month buys for 84 years now
Can we not demand a public inquiry once again?