lovetoburst

Retired gamer

2/23/2024 GameStop (GME) Estimated DRS count: 76,100,046

2y 3mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

2/16/2024 GameStop (GME) Estimated DRS count: 76,034,912

2y 4mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

Uploading images timing out - 2/9/2024

2y 4mon ago in meta@lemmy.whynotdrs.org

2/2/2024 GameStop (GME) Estimated DRS count: 75,964,491

2y 4mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

1/26/2024 GameStop (GME) Estimated DRS count: 75,903,035

2y 4mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

GameStop 2023 Q3 Income Statement visualized (Net loss of $3.1 million)

2y 4mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

Are you me? 😄 I was looking over the 10-Q (again) on Friday night. More of a "How is the stock price down 65% since stock split via dividend when all the SEC filing numbers are better than ever?"

We all know the answer, but I just have to remind myself.

Uploading images timing out - 1/26/2024

2y 4mon ago in meta@lemmy.whynotdrs.org

Image upload fixed. Thank you!

Also creating this post is still sitting and spinning in the GUI for 5+ minutes, but looks like it completed in the backend.

1/19/2024 GameStop (GME) Estimated DRS count: 75,883,224

2y 4mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

1/12/2024 GameStop (GME) Estimated DRS count: 75,831,798

2y 5mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

1/5/2024 GameStop (GME) Estimated DRS count: 75,793,468

2y 5mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

12/29/2023 GameStop (GME) Estimated DRS count: 75,770,775

2y 5mon ago in drs_your_gme@lemmy.whynotdrs.org from lemmy.whynotdrs.org

DRS count timeline (to 12/8/2023)

2y 6mon ago in drs_your_gme@lemmy.whynotdrs.org

Sorry, don't have a source on that. Scrolled a million bananas on reddit this year and everything is a blur. :)

I'm assuming DTCC just watches Computershare's broker for Computershare's transactions. Doubt they would ever contact Computershare and leave a trail.

Check out TheUltimator5's posts on recurring buy fills: https://www.reddit.com/user/theultimator5/

I think 6days1week had the Computershare recurring buy dates marked on a calendar, or maybe TheUltimator5 mentions in one of his posts.

I used the most basic average $1.2 million buy every 2 weeks and used only $14 a share as an example. So 85,714 shares * 6 times a quarter = 514,284 shares from just recurring buys each quarter. Mileage will vary of course on GME share price at the time.

I think the DTCC side can see all broker transactions.

  • Computershare's bi-weekly recurring and daily purchases go through a broker.
  • Broker DRS transfers to Computershare notify the DTCC that a stock withdrawal is taking place.
  • I think I saw a redditor mention a rule/agreement that the DTCC can ask to see a transfer agent's books at any time, too.

The DRS count incrementing 76.0m > 76.26m > 76.6m seems "ok, no 'major' f--kery" but still a bit on the low side. Which partly leads to questioning if we are overestimating retail investor purchasing power and how many are DRS-ing in that timeframe.

Without access to the Computershare dashboard to see daily account and count changes, we're left in the dark guessing. Like the +4.2m for 3/22/2023 versus +.5m on 10/29/2022. One theory is "they" load up DRS accounts, then many months later drain shares to confuse retail.

Yeah, I wish the default Lemmy editor included tables like reddit's Fancy editor. I copy-paste from my reddit post (in Markdown mode) and it preserves the tables over in Lemmy.

Thank you, adding inflation for next week's post.

DRSbot witnessing is pretty much down to one reddit user now (shorthand we refer to as NoVac user).

DRSbot has been offline more than online the past 3 weeks. I manually track DRS posts during its offline time. From keeping an eye on DRS posts the past 3-4 months, nothing alarming jumps out.

Was discussing the DRS count f--kery tonight, and there isn't much reason to measure and estimate when "they" can consistently mess with the DRS numbers over the past 2 years.

I think a better gauge may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter.

There, done. I don't have to look at another DRS post again, ever. :)

XRT regSHO and Gamestop

2y 6mon ago in drs_your_gme@lemmy.whynotdrs.org from www.youtube.com

Yeah, the Youtube algorithm is interesting. I get recommended a bunch of AMC, stock market crash, and GME bashing videos sometimes.

Same with Reddit recommendations. I looked at 1 meltdown post maybe 14 months ago, haven't looked at an AMC post in 2 years, but the algorithm still drums up meltdown and AMC posts on my main page.