tee hee hee

welp, glad that is over and done with.

I feel ya, but since SS is not a reliable source I no longer go there and I don't bring it up.

Everyone should know the heat lamp theory, and no one should be acting like we're all delusional for believing that plan shares are vulnerable and/or not counted as DRS. There was a time when we all believed that we owned the shares that we 'held' through a broker. If that wasn't true then why should I believe that I own plan shares? BOOK is the way.

Personally, I don't think it's a rug pull. Worth noting that virtually all of the price action and volume is happening before market open. And there were some weird price swings after hours today from 51 down to 26 and back again, repeatedly for a short period of time. Without any evidence to support or refute anything my assumption is that major players are trying to make deals with each other, and some are successful while others are not.

household investors

Is this where the term "douche-canoe" comes from?

Let's say you have two accounts at ComputerShare with DRSed GME stock. One of the accounts is in pure Book form while the other is mostly Book but also has a few in Plan. If you had the opportunity to see your entry in the ledger, then you could confirm whether or not the ledger showed you as having exactly 1000, 500, or something in between. Anything less than 1000 would support the Heat Lamp Theory.

Another thing worth doing is just summing all the non-DTC/Cede entries in the ledger to the extent possible in the time allowed, to confirm that they add up to whatever the DRS total is for that day. I would expect that would only be possible if the ledger does not list all of the shares in Plan accounts under their respective household investor names.

But looking at the ledger you would be able to tally everyone else.

At a certain point I will feel a strong need to check the ledger myself, just to make sure that I am on it :)

There was some hypothesizing a while back (on SS and before Lemmy) that the initial drop or flatlining of the DRS trendline was due to hedgies having initially DRSed and then un-DRSed them, but I don't recall if that was ever generally agreed. This was about the time that the Heat Lamp Theory was introduced which seems to have more supporting evidence at this point.

the timing of the increase in volume corresponds to the Heat Lamp Theory's conjecture, although there may have been other factors as well

Net income Q4 2022 was $48 million, and their revenue during Q4 most years is around 2 Billion compared to around 1Billion for each of Q1, Q2, Q3.

hello again, hello

looks like the ole' F3 overflow (jk/idk)

Maybe RC just wants to sell these books so that he can buy more GME?

Their mostly mindless games that people use to occupy their time such as puzzle games, candy crush, fashion dress up games, etc. Easy to start playing and easy to put down, so a lot of people have them. I think most people might pay $10 for a few games each per year, while only a small percentage of people are paying a lot of money into one specific game.

In a nutshell, it was all the conversations that should have happened on Superstonk, but which were banned there (on SS). One of the tags that people could use for posts was 'black tar tinfoil'

I agree that the entries on the ledger would not be cumulatively more than the amount of issued shares, but I was under the impression that it would be possible to get an accurate tally of the DRS count from the ledger, which is what we seem to be lacking.

So, a while back Gamestop stated that they would pull their shares from the DTC/Cede if they determined that it was mishandling the company stock (or words to that effect). They may have changed the wording regarding DRS numbers if the DRS+Cede numbers don't line up and Gamestop doesn't want (or isn't ready) to take that action.

To get the actual numbers, wouldn't tallying the entries on the register at the next meeting be the most straightforward path?

Where are you all getting brunch?

we gen Xers just grew up expecting Nuclear Winter, and we're still waiting

As someone that knows nothing, my conjecture is that Gamestop changed the wording either as a 'favor' to the SEC or because they knew the numbers provided by computershare or cede were fundamentally wrong, but couldn't call it out directly.

I'm looking at the Numbers from the List of Stockholders you provided, and there are some wild statistics. For example the 'mode' for # of shares is 4 but the Std. Deviation is 3,121.

Those are very reasonable (and very conservative) numbers.

dollah-dollah bills yo

that user doesn't post in this community so I'm not sure that there is any problematic biz going on

I haven't noticed this at all, maybe their pulled in for you based on your lemmy communities?

It's an interesting spike, do we know if CS account numbers pull from the same pool of numbers regardless of which company's stock is owned? If it's all from the same pool then the spike could be from BNY Mellon switching to use ComputerShare as it's transfer agent.

For whatever reason, reddit was taking a rather long time to load that image, so here is the notification(?) listed in the account:

Recent Transactions: Merger Bed Bath & Beyond Inc

No one's mentioned the splividend in a while.

It feels like we as a community have learned all of the shenanigans that can and have been pulled. Some of the subreddits have enabled that, either intentionally or just inevitably as a lot of garbage DD had to pass through first.

While there can be additional stunts that are pulled, I feel fine just sitting and waiting. But I have only felt that way since DRSing 99%.

Point being, it wouldn't surprise me if everyone that is heavily DRS'ed just stops paying attention to the online chatter.

The only reason we’re on the same side right now is because I’m invested in the MOASS

My own personal and humble opinion is that the mods running SS are not actually DRS'ed but rather grifting the MOASS through some shorter term strategy.

tee hee hee

Same, at this point I've put so much time into getting DRS'ed that I think I'll be holding them for quite a long time. And I wouldn't be surprised if the squeeze is a multi-year climb.

well, if they keep dropping the price they'll be in a world of hurt :)

At the corporate level, it gets everyone focused and aligned with the mission, and if that is where a lot of slop has been in the past then this helps everyone clean it up since it gives them justification for calling it out. We'll see what happens.

DRSing has slowed down to a crawl

I'm not sure we can say that DRS has slowed to a crawl since we really can't know for certain what the DRS rate is now that the officially reported numbers are being 'adjusted'.

If I was working at GameStop I'd actually find this letter inspiring as it gets everyone focused on profitability and allows them to call out poor decisions, poor planning, mismanagement, etc. People that don't have that discipline will likely leave.

Everything was 'ok' when the capitalists simply owned/controlled the means of production, but now they own the product as well, even after selling it.

I feel like if a person is following this saga but has not caught on to the fact that Superstonk is heavily biased (compromised) then they aren't going to have the mental aptitude or fortitude to DRS their shares (assuming they 'have' any in the first place.) I may be cynical.