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lovetoburst

Retired gamer

Posts
47
Comments
39
Joined
2 yr. ago
DRS Your GME @lemmy.whynotdrs.org
lovetoburst @lemmy.whynotdrs.org

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

2/23/2024 Estimated DRS count: 76,100,046 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,902,186 2/13/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 76,100,046 2/23/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,830,014 2/23/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,220,009 2/23/2024
Other 41,413,535 2/23/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increa
DRS Your GME @lemmy.whynotdrs.org
lovetoburst @lemmy.whynotdrs.org

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

2/16/2024 Estimated DRS count: 76,034,912 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,902,186 2/13/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 76,034,912 2/16/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,810,474 2/16/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,206,982 2/16/2024
Other 41,511,236 2/16/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increa
Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org
lovetoburst @lemmy.whynotdrs.org

Uploading images timing out - 2/9/2024

Tried a few times uploading different images around 11:55 a.m. central time. Response:

Request error: error sending request for url (http://pictrs:8080/image): operation timed out

DRS Your GME @lemmy.whynotdrs.org
lovetoburst @lemmy.whynotdrs.org

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

2/2/2024 Estimated DRS count: 75,964,491 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,116,363 1/26/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,964,491 2/2/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,789,347 2/2/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,192,898 2/2/2024
Other 42,402,691 2/2/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,52
  • 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.

  • Image upload fixed. Thank you!

  • DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

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

    1/26/2024 Estimated DRS count: 75,903,035 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

    Holding Number of shares As of
    Former Insiders (Other) 14,339,510 12/9/2023
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 36,116,363 1/26/2024
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,903,035 1/26/2024
    Non-DRS - 200k acct if 30% stuck in IRA 22,770,911 1/26/2024
    Non-DRS - 200k acct if 50% stuck in IRA 15,180,607 1/26/2024
    Other 42,494,874 1/26/2024
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,5
  • Also creating this post is still sitting and spinning in the GUI for 5+ minutes, but looks like it completed in the backend.

  • Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    Uploading images timing out - 1/26/2024

    Uploading an 844 KB image times out with:

     undefined
        
    {
        "data": {
            "error": "unknown",
            "message": "Request error: error sending request for url (http://pictrs:8080/image): operation timed out"
        },
        "state": "success"
    }
    
      

    Tried twice around 8:45 a.m. CST

    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

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

    1/19/2024 Estimated DRS count: 75,883,224 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,883,224 1/19/2024
    Non-DRS - 200k acct if 30% stuck in IRA 22,764,967 1/19/2024
    Other 58,268,359 1/19/2024
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additi
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

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

    1/12/2024 Estimated DRS count: 75,831,798 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,831,798 1/12/2024
    Non-DRS - 200k acct if 25% stuck in IRA 18,957,950 1/12/2024
    Other 62,126,802 1/12/2024
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct if 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additi
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

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

    1/5/2024 Estimated DRS count: 75,793,468 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,793,468 1/5/2024
    Non-DRS - 200k acct 25% stuck in IRA 18,948,367 1/5/2024
    Other 62,174,715 1/5/2024
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional share
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

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

    12/29/2023 Estimated DRS count: 75,770,775 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,770,775 12/29/2023
    Non-DRS - 200k acct 25% stuck in IRA 18,942,694 12/29/2023
    Other 62,203,081 12/29/2023
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% addition
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    12/22/2023 GameStop (GME) Estimated DRS count: 75,744,118

    12/22/2023 Estimated DRS count: 75,744,118 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,744,118 12/22/2023
    Non-DRS - 200k acct 25% stuck in IRA 18,936,030 12/22/2023
    Other 62,236,402 12/22/2023
    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% addition
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    12/15/2023 GameStop (GME) Estimated DRS count: 75,632,033

    12/15/2023 Estimated DRS count: 75,632,033 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,950,420 12/9/2023
    MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
    Other Institutional Ownership 30,102,685 12/9/2023
    Insiders Stagnant 14,339,510 12/9/2023
    Insiders 38,655,910 12/9/2023
    DRS'd - 200k Computershare accounts 75,632,033 12/15/2023
    Non-DRS - 200k acct 25% stuck in IRA 18,908,008 12/15/2023
    Other 62,376,509 12/15/2023
    • Total Outstanding on 11/30/2023: 305,514,315 (10/12/2023 was 305,241,294)
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare a
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    Examining 2022 and 2023 DRS count draining

    2022 negative DRS counts get overlooked sometimes. Where the DRS count going negative during a quarter is somewhat hidden.

    • Between 4/30/2022 and 5/26/2022 the DRS count went -3,783,592 shares
      • Somewhat hidden as it is an unofficial SEC filing DRS count. It was the first visit to GameStop HQ to view the list of stockholders.
    • Sometime Aug/Sep/Oct 2022 DRS count went -700,012 shares
      • Somewhat hidden as the positive offset was due to whale #1. Whale #1 prevented the DRS count going negative when their 1.2 million DRS completed mid-August 2022.
    Date DRS count Source DRS shares drained
    10/30/2021 20,800,000 Form 10-Q
    1/29/2022 35,600,000 Form 10-K
    4/30/2022 50,800,000 Form 10-Q
    5/26/2022 47,016,408 List of stockholders Yes. Funny volume surrounding 5/26/2022
    7/30/2022 71,300,000 Form 10-Q
    8/15/2022 72,500,012 Whale #1 DRS'd 1,200,012 shares Yes - draining
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    Latest number of Computershare accounts

    redditor iamthinksnow with the 218,xxx high score.

    Via https://www.reddit.com/r/Superstonk/comments/18fdw5a/drs_400_again_and_again_and_again_i_didnt_hear_no/

    Date Computershare Accounts
    5/8/2023 213,4xx
    8/2023 or 9/2023 213,500
    10/24/2023 216,3xx
    11/21/2023 217,xxx
    12/10/2023 218,xxx
  • 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.

  • DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    DRS count timeline (to 12/8/2023)

    Short version:

    Date DRS count Source
    10/30/2021 20,800,000 Form 10-Q
    1/29/2022 35,600,000 Form 10-K
    4/30/2022 50,800,000 Form 10-Q
    5/26/2022 47,016,408 List of stockholders
    7/30/2022 71,300,000 Form 10-Q
    8/15/2022 72,500,012 Whale #1 DRS'd 1,200,012 shares
    10/29/2022 71,800,000 Form 10-Q
    3/22/2023 76,000,000 Form 10-K
    4/21/2023 76,265,982 List of stockholders
    6/1/2023 76,600,000 Form 10-Q
    6/20/2023 75,329,434 Mainstar rugpull -1,270,566
    8/31/2023 75,400,000 Form 10-Q
    11/30/2023 75,400,000 Form 10-Q

    Long version:

    Date Shares Comparing to previous date Filing Notes
    10/30/2021 10-Q 5,200,000 (x4 = 20,800,000 DRS) "As of October 30, 2021, 5.2 million shares ... were directly registered with our transfer agent, ComputerShare."
    1/29/2022 10-K 8,900,000 (x4 = 35,600,000 DRS) 14,800,000 DRS over 91 days "As of January 29, 2022, 8.9 million shares ... were directly registered with our transfer agent, ComputerShare."
    4/30/2022 10
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    12/8/2023 GameStop (GME) Estimated DRS count: 75,532,193

    12/8/2023 Estimated DRS count: 75,532,193 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,138,064 9/8/2023
    MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
    Other Institutional Ownership 32,373,815 9/8/2023
    Insiders Stagnant 14,339,510 9/8/2023
    Insiders 38,540,578 9/11/2023
    DRS'd - 200k Computershare accounts 75,532,193 12/8/2023
    Non-DRS - 200k acct 25% stuck in IRA 18,883,048 12/8/2023
    Other 62,708,048 12/8/2023
    • Total Outstanding on 11/30/2023: 305,514,315 (10/12/2023 was 305,241,294)
    • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    Is it possible to view the GameStop HQ list of stockholders twice a year?

    Was having fun reading: https://www.reddit.com/r/Superstonk/comments/18do2h3/this_totally_blew_my_mind/

    In reference to 6days1week: https://twitter.com/6days1week/status/1732795611349418472?t=cEYTlwljKAsyR7f9j2rHQw&s=19

    Hate to bring it up for those that made one trek to GameStop HQ. But is it possible to view the GameStop HQ list of stockholders twice a year? Visit late May and mid/late June? Would then have 2 additional DRS data points each year.

    Was wondering why the cutoff dates were the way they were. Why Thursday 5/26/2022 and Friday 4/21/2023?

    I think the 2023 visit was in May, so I wonder if a shareholder visited in June, would they have gotten a late May report rather than April's data?

    Date Source
    10/30/2021 Form 10-Q
    1/29/2022 Form 10-K
    4/30/2022 Form 10-Q
    5/26/2022 List of stockholders
    7/30/2022 Form 10-Q
    10/29/2022 Form 10-Q
    3/22/2023 Form 10-K
    4/21/2023 List of stockholders
    6/1/2023 Form 10-Q
    8/31/2023 Form 10-Q
    11/30/2023 Form
  • 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.

  • DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    12/1/2023 GameStop (GME) Estimated DRS count: 76,261,272

    12/1/2023 Estimated DRS count: 76,261,272 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

    The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

    Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,138,064 9/8/2023
    MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
    Other Institutional Ownership 32,373,815 9/8/2023
    Insiders Stagnant 14,339,510 9/8/2023
    Insiders 38,540,578 9/11/2023
    DRS'd - 200k Computershare accounts 76,261,272 12/1/2023
    Non-DRS - 200k acct 25% stuck in IRA 19,065,318 12/1/2023
    Other 61,523,678 12/1/2023
    • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
    • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% addit
  • I've watched Richard Newton's youtube videos for a while. He's been very helpful explaining what's possibly happening via swaps, ETFs, OpEx, cycles, derivatives, etc. Also nice past videos explaining GameStop SEC filings, DRS, GameStop marketplace, former wallet, Loopring, ImmutableX, NFTs, ethereum, crypto, etc.

  • DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    11/24/2023 GameStop (GME) Estimated DRS count: 76,178,920

    11/24/2023 Estimated DRS count: 76,178,920 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)

    The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175

    Bloomberg data (to 9/11/2023), DRS estimated counts, and other:

    Holding Number of shares As of
    ETFs 29,138,064 9/8/2023
    MFs, Index Funds, Pension Funds, etc 33,999,059 9/8/2023
    Other Institutional Ownership 32,373,815 9/8/2023
    Insiders Stagnant 14,339,510 9/8/2023
    Insiders 38,540,578 9/11/2023
    DRS'd - 200k Computershare accounts 76,178,920 11/24/2023
    Non-DRS - 200k acct 25% stuck in IRA 19,044,730 11/24/2023
    Other 61,626,618 11/24/2023
    • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
    • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% a
    DRS Your GME @lemmy.whynotdrs.org
    lovetoburst @lemmy.whynotdrs.org

    Latest number of Computershare accounts

    redditor dminvesta with the 217,xxx high score. Via https://www.reddit.com/r/Superstonk/comments/180s1wn/are_we_still_doing_this_holder_account_number/

    Date Computershare Accounts
    5/8/2023 213,4xx
    8/2023 or 9/2023 213,500
    10/24/2023 216,3xx
    11/21/2023 217,xxx
  • That's where the SEC filing oddities kick in. Is it strange that 200,000 Computershare accounts are only progressing at:

    • +500,000 DRS over 91 days (5,494 per day)
    • +265,982 DRS over 30 days (8,866 per day)
    • +334,018 DRS over 41 days (8,146 per day)
    • +638,774 over 71 days (8,997 per day)

    But simple math of when just ONE share a month for 200,000 accounts would be +600,000 a quarter?

    It's possible many of us are overestimating the 200,000 accounts' purchasing power. Or something funny is going on.

    This next Form 10-Q data point should be interesting!

  • I'd hazard a guess that we're well past Other of 61,801,800 shares in brokerages.

    If only 200,000 Computershare accounts hold 76,038,774 plus non-conservative 50% additional stuck in IRAs (38,019,387) = 114,058,161 shares

    Number of retail holders (non-Computershare account) Number of shares Total shares
    2,000,000 50 100,000,000
    4,000,000 50 200,000,000
    2,000,000 100 200,000,000
    2,000,000 150 300,000,000
    2,000,000 200 400,000,000
    2,000,000 250 500,000,000
    2,000,000 300 600,000,000
    2,000,000 350 700,000,000
    4,000,000 175 700,000,000

    I don't think it'd be a stretch to say 4,000,000 retail holders each hold 50 shares = 200,000,000

    29,138,064 + 33,999,059 + 32,373,815 + 14,339,510 + 38,540,578 + ~60,000,000 reported short + 114,058,161 + 200,000,000 = 522,449,187

    If 4,000,000 hold 175 shares = 700,000,000. 522,449,187 + additional 500,000,000 = 1,022,449,187

  • Further ruminating, using very conservative numbers.

    Not even using 200,000 Computershare accounts. Say just 100,000 accounts.

    Is it a stretch to say 100,000 accounts DRS 5 shares a month? 100,000 x 5 shares a month x 3 months = 1,500,000 a quarter

    5 shares a month * $22 avg = $110 a month * 3 months = $330 a quarter

    Or only 1 to 3 shares a month for 200,000 accounts:

    • 1 share a month = 600,000 a quarter
    • 2 shares a month = 1,200,000 a quarter
    • 3 shares a month = 1,800,000 a quarter
  • It seems the underlying question is if the DTCC has any effect on what Computershare provides GameStop for the DRS numbers.

    I'm assuming Computershare the transfer agent keeps its own share count and provides the information to GameStop.

    • Computershare -> GameStop

    Assuming there is no DTCC step where the DTCC tells Computershare what's on DTCC side, so Computershare has to fudge their numbers to match, then tell GameStop.

    Has there been any information that shows the flow of share count data is:

    • DTCC -> Computershare -> GameStop

    If we include the non-official DRS numbers with the official GameStop SEC filings:

    Date DRS in Millions Notes
    10/30/21 20.80 SEC filing
    01/29/22 35.60 SEC filing
    04/30/22 50.80 SEC filing
    05/26/22 47.01 List of stockholders
    07/30/22 71.30 SEC filing
    10/29/22 71.80 SEC filing
    03/22/23 76.00 SEC filing
    04/21/23 76.26 List of stockholders
    06/01/23 76.60 SEC filing
    06/20/23 75.33 Mainstar rugpull -1,270,566
    08/31/23 75.40 SEC filing

    The May 2023 visit to GameStop HQ for the 04/21/23 list of stockholders numbers:

    Using your numbers:

    • 10/29/22 71.80
    • 03/22/23 103.2382 - would be like 31.4 million shares times $25 average = $785,000,000
    • 06/01/23 114.7828 - like 11.54 million shares times $21 average = $242,340,000
    • 08/31/23 129.5794 - like 14.8 million shares times $22 average = $325,600,000

    From a dollar amount $1,352,940,000 / 200,000 Computershare accounts = $6,765 each / $22 avg = +308 shares each over 10 months (31 shares a month).

    Plausible, but it may be tough for the average holder to spend $676 a month on GME shares. And without the whales buying as much as they initially did, it skews the numbers down too.

  • Uploading images works now (Sunday 6pm). Thank you!

  • It's now throwing a different error when uploading an image:

    POST https://lemmy.whynotdrs.org/pictrs/image

    Status Code: 400 Bad Request

    Response: Request error: error sending request for url (http://pictrs:8080/image): error trying to connect: dns error: failed to lookup address information: Name does not resolve

  • Running into same error uploading an image:

    {"data":{"msg":"Error in store","files":null},"state":"success"}

  • could we ajust Computershared.net with the Drs data of the guy in drs_your_gme sub ?

  • Note that it's mostly DRSbot's data. I started spreadsheet tracking partly due to Whale #1's 1.2 million shares got lost in DRSbot's count. Due to Whale #1 moving his DRSbot post from GME Orphans to DRSyourGME, then DRSyourGME got nuked. And Whale #1 isn't much for technology so said "Forget it" to re-authenticating his now 1.3 million shares. He did add 2,000 more shares last quarter, so nice to know he's still in it.

    Other reason was to try and see if something, anything jumped out with DRS numbers over time. The DRS numbers that GME declares in the SEC Forms seems correct. But over time the DRS number jumping all over the place seems odd. DRS timeline table: https://www.reddit.com/r/drsgme/comments/16m11vq/drs_numbers_timeline_updated_9182023/

    Going on 3 years of the GME saga, and it's like wading through pea soup still.

  • Whoops, I think you may be misinterpreting the spreadsheet and graph I put together. I'll rename the labels some and pick a less "Computershare purple" color in this week's graph to clarify more.

    I wanted to highlight that just 200k Computershare accounts owned 75.5 million DRS shares. And these 200k CS accounts also have a conservative 25% more shares stuck in IRA accounts (not DRS'd). So 75.5 million DRS'd and 18.9 million stuck in IRA accounts. Rather than 85-90 million DRS'd in Computershare.

    I was trying to convey that just 200k CS accounts hold 75.5 million DRS and 18.9 million in IRA accounts. And the "remaining 62 million shares" likely doesn't add up if we think about the total number of retail brokerage, margin, and IRA accounts holding GME.

  • From Richard Newton’s google surveys. I’ll have to go through his recent videos–thought he mentioned 30-50% stuck in IRA accounts, etc but will double check.