A full year later, we have "yet" to break 76M again.
In this post here https://lemmy.whynotdrs.org/post/381421, we discussed how the numbers are likely much higher than are currently reported. This heavily implicates Cede/DTCC because every quarter requires fraudulent reporting (well played SEC).
But how much higher? We've been at 75M for exactly 4 quarters now. Estimates at the previous pace would have us over 130M shares DRSd at this point.
This would mean there are very few shares actually left out there. Roughly only 26M left to DRS before they truly start to panic from the math-breaking number. The DTCC definitely fucked up by thinking we couldn't buy the entire thing lol.
They warned you there would be FUD, this is it. Keep DRSing and eventually ComputerShare will stop selling to us like they said they would if there are no locates ;).
With that in mind, also don't forget the $149T bullet swap that hits instantly on December 15th. Since they opened that particular short, the stock has seen a 390% increase along with a 430% rise in interest rates, do think they roll that shit over ;)?
I will leave with the same question: Why do you think Gamestop changed the wording from 03/22/2023 onward?
Wouldn't a close look at the ledger solve the question ?
I would totally do it myself if I was living on the same side of the Atlantic as Grapevine, Texas, but it is not the case.
Is someone volunteer to die for the cause (again) and go check the ledger manually ?
To my understanding, the ledger doesn't reveal DTC tuckery. In the ledger you will find a one-liner to the effect that DTC has the rest of the shares.
To prove their fuckery we would need to see the DTC ledger, but it’s a private corporation above the law 🤮
Lucky for us, we can lock the float and they can’t stop us 💎💪
But looking at the ledger you would be able to tally everyone else.
Oh I understand now what you mean 💎✌️
Ya I guess if we could monitor it then we could detect which entries are going down just enough to keep the total where it is.
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.
At a certain point I will feel a strong need to check the ledger myself, just to make sure that I am on it :)