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!

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

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.

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.

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.

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:

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”}

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.

Depends on your definition of stagnation. DRS is around 5,405 shares a day since 6/20/2023 Mainstar rugpull of -1.27 million shares.

The 38.54 million shares of Cohen, Nir, Alain, Lawrence, James, Xu, and Moore are either purchased in the market or granted from I believe the GameStop share pool. I think this pool’s number is listed somewhere in a SEC form.

From the last Form 10-Q the last 3 months ended July 29, 2023 the number of outstanding shares increased 600,000. For last 6 months it increased 700,000. Stock vests around the shareholder meeting. Something like 8,772 shares granted to each board member. And they’ve been awarding longer term store employees with shares the past year or so.

Others can explain number of shares far better than me. I think there were a couple reddit posts over the summer looking into the amount of shorts and shares over the outstanding.

lawsondt’s Bloomberg data post lists institutions holding GME. The usual suspects lending millions of shares out.

1. @lawsondt@lemmy.whynotdrs.org 's post near the end explains Insiders Stagnant.
2. 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.