this post was submitted on 19 Jul 2023
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DRS Your GME
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DRS is still 'the way'.. with a further specification that one should un-enroll from the DRIP (reinvestment plan) to ensure one is 100% Booked ('pure DRS'). Doing so will auto-sell any fractional share in one's Computershare account; but the prevailing wisdom is that fractional shares truly don't exist anyway (it's just a cash remainder CS keeps track of if a whole share can't be bought via their system).
Things have gotten a bit quieter over the last month or so as everyone just hunkers down, Buying and HODLing more awaiting a major market blow-up/catalyst, or major news from RC and the team. They're cookin' something, we just don't know what, yet :)
Also Mainstar Trust has recently moved all the DRS shares (about 1 million shares total) they hold for people's IRA accounts into the DTCC, so people are probably starting to transfer their shares out of Mainstar and into self-directed IRA LLCs.
Yeah I had seen a lil of that. So did they remove those shares from Drs ? So the number will be lower at next count ?