drs_your_gme DRS Your GME 12/22/2023 GameStop (GME) Estimated DRS count: 75,744,118
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  • apes_on_parade apes_on_parade 9 months ago 100%

    Hey! I'll admit I've slept a bit on the status of DRS estimates between the quarterly report numbers... thank your for taking up the mantle of providing this data!

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  • news News Supreme Court to hear major case that could upend tax code and doom "wealth tax" proposals
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  • apes_on_parade apes_on_parade 10 months ago 100%

    Replace "teller" with "bank" because we are talking about legal ownership, not physical control.

    They don’t have anything but a responsibility to care for it

    While they absolutely "have a responsibility" to you, they also benefit from holding it, so your "anything but" rhetoric is incorrect. Brokers and banks alike earn money by lending the assets the have, despite their corresponding liabilities.

    Do you think there isn’t a “clear record” without direct registration (from your other comment)

    Correct. Legally, you have a "security entitlement". Per UCC 8-503, the property interest you have a result of this entitlement is merely "a pro rata property interest in all interests in that financial asset held by the securities intermediary", i.e. what your broker actually has, which is (a) opaque to you as a customer, and (b) is fundamentally difficult even for them to pin down - as it is composed primarily of their DTC account balance, ideally but they undoubtedly have many derivatives, transactions to settle (which can extend beyond 2 days because FTDs are common), shares lent out that are due to them, etc. So while the number of security entitlements in your account has a clear record, your property interest in the issuer does not have a clear record.

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  • whydrs WhyDRS 149 trillion in equity swaps due to expire on 12/15
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  • apes_on_parade apes_on_parade 10 months ago 100%

    The "event timestamp" is most likely stored in epoch seconds but being interpreted as epoch milliseconds. If you correct that, it works out to March 3rd, 2021.

    Edit to add: Regardless, I am calling this a nothingburger, I'd be willing to bet that the 999... value is just a placeholder for unknown values.

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  • drs_your_gme DRS Your GME HSA and stocks? Need wrinkles
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  • apes_on_parade apes_on_parade 10 months ago 100%

    Maybe if you have a fever, and the only prescription is more DRS

    (sorry, couldn't resist)

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  • drs_your_gme DRS Your GME De-Occupy Wall Street
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  • apes_on_parade apes_on_parade 10 months ago 100%

    I've been going with Liquidate Wall Street personally

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  • apes_on_parade apes_on_parade 10 months ago 100%

    Thanks Miller!

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  • drs_your_gme DRS Your GME Y'all meming, or do you really think all the bad news is just all FUD?
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  • apes_on_parade apes_on_parade 10 months ago 100%

    As if the implosion of untethered corruption weren't reward enough!

    In more words: there are a spectrum of possible outcomes, but I do think there is a significant possibility that in attempting to deliver the underlying securities and thus closing out net short positions, the market price would go astronomically high, and that some of that could be paid for by liquidation of other institutional assets. I don't have enough confidence in capitalist financial institutions to assign high probability to "full" payouts at MOASS market prices, but even "merely" the destruction of exploitative wealth hoarding necessary for a partial payout would result in more financial equality and less financially-driven social dysfunction, which is motivation enough for me. (Also worth keeping in mind that the exposure is not limited to individual short parties, but also to all members of the relevant clearing/depository organizations, pursuant to the rules of those organizations and their own individual self interests.)

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  • drs_your_gme DRS Your GME Y'all meming, or do you really think all the bad news is just all FUD?
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  • apes_on_parade apes_on_parade 10 months ago 0%

    Disclaimer: I have not watched "This is Financial Advice", so if I miss something that's covered there, my bad. Maybe I'll have time to watch it someday, but that day is not today.

    Your skepticism is understandable. However, my expectations around future GME (the security) prices are not fundamentally about expectations around GameStop (the company). All GameStop needs to do is not go bankrupt (which they are doing quite well based on their cash on hand), and any future business success / profitability is just icing on the cake.

    Rather than betting on some unimaginably successful 1,000x business transformation, I am betting against Wall Street. Fundamentally, valuation of securities works on the assumption that shares are fixed in quantity (or only created/destroyed by equity-preserving events by the issuer). With the ubiquitous rise of online brokerages, security entitlements, high speed trading, and a derivatives market that far eclipses the value of the underlying assets, that assumption is flawed and regularly abused by Wall Street to extract huge sums of wealth from investors and issuers. At the same time, Wall Street is laxly regulated and hugely greedy, and has no qualms about putting itself in risky situations for short term profit with the assumption that problems will be fixed down the road. Unfortunately for them, that situation has been threatened since the events of January 2021. Since then, all the evidence I've seen suggests that the financial institutions, many of them mutually liable for each others failures under the DTC or other organizations and settlement agreements, are regularly engaged in kicking the can down the road and perpetuating net short positions. However, since 2021 investors in GME have started removing their shares from Wall Street, meaning that eventually accountability will be required for naked short positions and then true price discovery can occur. Until then, price fluctuations only matter to help me understand how many more shares I can acquire.

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  • drs_your_gme DRS Your GME Who's That Pokémon?
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  • apes_on_parade apes_on_parade 11 months ago 100%

    Ah, my home state!

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  • drs_your_gme DRS Your GME Reddit is entirely bots. That person you spent hours arguing with? Nope, them too. You've been warned 👁️.👁️‍. Update/Edit: Post has been removed, link in the comments
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  • apes_on_parade apes_on_parade 12 months ago 50%

    Here here

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  • whydrs WhyDRS best practices for the squeeze?
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  • apes_on_parade apes_on_parade 12 months ago 100%

    If at a broker, keep lots smaller than 100

    I'm not convinced that selling multiple shares is better than selling a single share for multiple times as much. My hope/goal is to keep 99.9% of my shares through MOASS. And 100% of my DRS'd shares.

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  • drs_your_gme DRS Your GME Ryan's Letter
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  • apes_on_parade apes_on_parade 12 months ago 100%

    The whole NFT thing was dead on arrival

    I think that's a bit premature.

    While I'm sad that they shut down all the shareholder requests for an NFT dividend (for now), I still think the need filled by NFTs in gaming is undeniable in the long term, so I'm not ready to call the NFT marketplace dead yet. I imagine it would be pretty awesome if you were browsing in your local physical GS and could see and buy in-game assets right there in-store!

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  • drs_your_gme DRS Your GME Ryan's Letter
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  • apes_on_parade apes_on_parade 12 months ago 100%

    Who knows, I'm not sure if it would even get on his radar

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  • drs_your_gme DRS Your GME In honour of silverback veterans of the battle for 180
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  • apes_on_parade apes_on_parade 12 months ago 100%

    Whoa, this one is pretty unique with both of the numbers worked in there! Super cool :)

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  • drs_your_gme DRS Your GME What is a meme stock?
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Fidelity posting and then taking down meme stock guy with the purple circle was such a tell. Thanks for another great timeline post!!

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  • drs_your_gme DRS Your GME Form I created and used for DWAC transfer at Fidelity. Requires in person verification medallion stamp guarantee.
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  • apes_on_parade apes_on_parade 1 year ago 100%

    DWACing shares? What a mad lad

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  • drs_your_gme DRS Your GME How is all this connected to this saga?
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  • apes_on_parade apes_on_parade 1 year ago 100%

    who is either a freaking genius or absolutely insane

    I technically agree with this statement, and not the genius part

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  • drs_your_gme DRS Your GME I suspect this is where a lot of key information is hidden, since it's so hard to see them.
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Thank you for being a consistent contributor to the community!

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  • drs_your_gme DRS Your GME Another office building sells below appraised value, 66% less
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Copy paste works for me in the web UI from chrome

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  • canvas Canvas Canvas -- Lemmy's r/Place -- Happening this weekend!
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Would users authenticate through lemmy? Any chance you could stand up a sandbox/staging canvas ahead of time to test that out? Or is it just a totally separate authentication?

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  • drs_your_gme DRS Your GME how do we see how many users are here ?
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Dunno about the wefwef client, but you can just go on the desktop web UI and it has the stats in the sidebar. The instance has 624 users, 130 monthly active users, and this community has 715

    Edit: also, we have guides here: https://lemmy.whynotdrs.org/post/33703 . Would you say they need more detail anywhere, or just to be posted on the website?

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  • politics politics RFK Jr.'s campaign filings show payments to a litany of Republicans and controversial activists, including some anti-vaxxers | CNN Politics
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  • apes_on_parade apes_on_parade 1 year ago 100%

    > And doesn’t challenge the person in the room

    You keep repeating this as if that will make it true. But you literally linked to a video where he leads by clarifying that the crisis is real in response to Peterson's rhetoric.

    > And yet RFK doesn’t think the most important one is actually the most important.

    You're just making this up to try to put words in his mouth. This is harmful for actually finding solutions. Again, he has described it as an "existential" problem. RFK Jr is trying to address concerns, because that's necessary when people have concerns, but you'd rather pretend other concerns don't exist as if that were a way to achieve anything.

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  • main Lemmy.ca's Main Community New user interfaces available on lemmy.ca!
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  • apes_on_parade apes_on_parade 1 year ago 100%

    heh, thanks for your confidence in my abilities! We'll see....

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  • politics politics RFK Jr.'s campaign filings show payments to a litany of Republicans and controversial activists, including some anti-vaxxers | CNN Politics
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  • apes_on_parade apes_on_parade 1 year ago 100%

    > The real crisis is the possible end of humanity due to climate change, caused by humanity.

    Obviously. But you are aware that there can be multiple crises at once, and that some people may be more aware of / concerned about one than the other?

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Request review of moderation actions? Removed for "calling out" users/mods/other subs

    https://www.reddit.com/r/Superstonk/comments/159lxyj/its_time_to_unban_millertime/ u/TheMonkler

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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Express dissatisfaction with moderation practices in a comment? Ban

    https://twitter.com/magsonthemoon/status/1681653137835171840/photo/1 u/alilmagpie

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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    "The SEC confirms that Plan is NOT DRS"? Removed (no reason given)

    https://www.reddit.com/r/drsgme/comments/15a4shk/plan_is_not_pure_book_mods_suppress_this_sec/ https://www.reddit.com/r/Superstonk/comments/151fuc1/the_sec_confirms_that_plan_is_not_drs/ `u/_foo-bar_`

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    politics politics RFK Jr.'s campaign filings show payments to a litany of Republicans and controversial activists, including some anti-vaxxers | CNN Politics
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  • apes_on_parade apes_on_parade 1 year ago 33%

    No pushback? The video you linked shows him leading with the fact that global warming is real and significant. And in other videos he has expanded more on that, clearly stating that it is an existential risk.

    But in this video, he said that this (real) crisis could/would be used to further totalitarian controls. That's not denial, that's "yes and".

    As I mentioned, it's rational to defend personal individual rights while still directing the power of government to clean up the environment.

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  • main Lemmy.ca's Main Community New user interfaces available on lemmy.ca!
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Hey! I run a lemmy instance as well and some of our users are asking for the old interface.

    Did you deploy mlmym onto the same server as your main lemmy instance, and if so any chance you could share how you adapted your docker and nginx configs? (Assuming you initially had a setup like the one provided by the official lemmy ansible script?)

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  • politics politics RFK Jr.'s campaign filings show payments to a litany of Republicans and controversial activists, including some anti-vaxxers | CNN Politics
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  • apes_on_parade apes_on_parade 1 year ago 14%

    If you actually listen to him talk rather than just fishing for gotchas, you'd see he points out that the government currently operates in the name of corporations - subsidies, liability protection, use of force. This is a big part of the problem in the ongoing proliferation of fossil fuel extraction and consumption. It's not as irrational as you make it out to be, to defend personal individual rights while still directing the power of government to clean up the environment.

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  • politics politics RFK Jr.'s campaign filings show payments to a litany of Republicans and controversial activists, including some anti-vaxxers | CNN Politics
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  • apes_on_parade apes_on_parade 1 year ago 16%

    RFK Jr 2024 🙌️ 🙌️

    End the corrupt merger of state and corporate power. End the forever wars. Clean up the environment. Fund science to identify the causes of problems, not just to develop new ways to monetize treatment.

    PS. An article making a big deal over the fact that he paid vendors? Thanks CNN.

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearME
    The Apes' Guide to Lemmy

    # What is Lemmy? Lemmy is open source software used for running individually hosted social media networks in the style of Reddit. It is built on the ActivityPub protocol, and is part of the Fediverse. We wrote this introduction with Apes in mind, but you may also want to check out the introduction and tutorials at join-lemmy.org located at https://join-lemmy.org/docs/users/01-getting-started.html # How is Lemmy structured and moderated compared to Reddit? Lemmy has Instance administrations and Community moderators The analog is Reddit administrators and Subreddit moderators Instance admins can perform all mod actions on all communities, just like Reddit admins can perform all mod actions on all subreddits Meanwhile, Community/Subreddit mods only moderate their community or subreddit # What is the Fediverse? The Fediverse refers to a collection of social media software which all are open source, independently hosted, and can choose to interact with each other. These software are all built on the same protocol and can interact with each other and share users. When instances opt in to the broader system, they are ‘federated’. # Tips for signing up When you make an account on a federated Lemmy instance like this one, you can interact with all other instances and communities which are federated. The differences between instances are up to individual instance admins, who decide who can sign up and what content is allowed on their instance along with moderation rules. https://lemmy.whynotdrs.org/signup When signing up, Lemmy can freeze up if the username you are trying to register already exists or if you are using a password longer than 63 characters long. As detailed in the instance policies, limiting data collection means that no email account recovery is supported. Please ensure that you save your login information somewhere securely such as a KeePass data file. After signing up, there is a verification process which is manual. Our DRS instance admins do their best to check and approve applicants quickly. # Have you reviewed our Instance Policies? See here: https://lemmy.whynotdrs.org/post/1209 TLDR: Treat **everything** you submit to this instance as public. Instance admins (we) will attempt to reduce data collection as much as practicable, and will maintain open access for anyone to view posts and comments on this instance. # Different clients you can use, and how to set them up Once you have your account created and approved, you can choose to browse Lemmy through an app or other client. You can find some apps here: https://join-lemmy.org/apps/ ## Web https://lemmy.whynotdrs.org ## Android - Connect - https://play.google.com/store/apps/details?id=com.kuroneko.lemmy_connect&gl=us - Jerboa - https://play.google.com/store/apps/details?id=com.jerboa&gl=us ## iPhone - Voyager app: https://apps.apple.com/us/app/voyager-for-lemmy/id6451429762 - Alternatively, how to install Voyager (f.k.a WefWef) as a progressive web app on iOS: https://lemmy.whynotdrs.org/post/10616 - ...and how to add Lemmy to the iOS home screen: https://lemmy.whynotdrs.org/post/4489 # 👀 Following Superstonk via Lemmy The lemmit.online instance replicates a number of Reddit subs to Lemmy communities through an automated bot which crossposts content. You can follow those communities through your Lemmy account no matter which instance you signed up on. For Superstonk specifically, just follow !Superstonk@lemmit.online For other subs, find the community you are interested in following, and then paste the community’s tag (listed in the community’s sidebar) into the search function on our instance. For example: ![](https://lemmy.whynotdrs.org/pictrs/image/f81a8d5d-41a7-43fb-b2b4-d74ae8185681.png) # How to start a new community on this instance Click the Create Community option along the top. You’ll need to select the community name, the URL, and optionally can include sidebar content. On Lemmy, Communities are automatically moderated by the person who creates them. That user can appoint other moderators, pin stickies, and moderate content on that community. It’s very similar to how Subreddits are made and operated. On the lemmy.whynotdrs.org instance, we welcome all communities who wish to discuss the financial markets and surrounding topics including specific stocks, investing styles, rules and regulations, crypto and web3, and the culture around money itself. # List of non-local communities you may want to subscribe to You may want to start your Lemmy journey by browsing some of the largest instances and subscribing to some of their communities. These are some of the largest general instances which cover a wide array of topics. - https://lemmy.ml/ - https://lemmy.world/ - https://beehaw.org/ Each instance has its own user base. Your login credentials on your home instance won’t work anywhere else. If you are using the DRS instance as your home instance, how do you find and subscribe to new communities through your own instance? # How to find new Communities to follow If you're coming over from Reddit, these three resources can help you find migrations for communities you may have followed on Reddit: - https://sub.rehab/ - https://redditmigration.com/ - https://www.quippd.com/writing/2023/06/15/unofficial-subreddit-migration-list-lemmy-kbin-etc.html For finding new communities, perhaps the easiest way to find instances and communities is to search for them on https://lemmyverse.net/ - at the top of the screen, you can filter for either instances or for communities. This will parse ALL federated instances and their associated communities, and is very robust - it will search titles, domains, and sidebars in order to help you find things you are interested in. Set your home instance first. At the top right of the screen, hit the house icon and search for your home instance. Here’s how you can select this DRS instance: ![](https://lemmy.whynotdrs.org/pictrs/image/b8c5f3bf-034e-4ccd-a968-574aeabab126.png) Once your home instance is set, you can easily navigate to communities on any instance by clicking the community name, which will be a generated link. ![](https://lemmy.whynotdrs.org/pictrs/image/a0e6aa16-18ca-4b17-a473-a161817450aa.png) After that, just hit subscribe on the sidebar and you are good to go! ![](https://lemmy.whynotdrs.org/pictrs/image/fde79022-0bff-4090-9ad0-0eb047cd223b.png) If necessary, you can create and share URLs which will navigate to any community on any instance from any instance following this formula. https://lemmy.whynotdrs.org/c/games@lemmy.world [home instance url] [/c/] [community name] @ [hosting instance name] # Views (New vs Active, and Subscribed vs Local) and setting your default preferences Okay! You have found some communities to follow - these could be on your home instance, on one of the largest and universal instances, or niche communities found through the network search at lemmyverse. Just like with Reddit, you have some choices to make about how you want to interact with the communities you joined. Your main choices are the types of posts to display and the communities to display them from. Lemmy’s own core developers explain it well here: https://join-lemmy.org/docs/users/03-votes-and-ranking.html # Blocking Users, Communities, or Instances which you want to avoid Each user has the ability to block or hide content from specific users or specific communities. ![](https://lemmy.whynotdrs.org/pictrs/image/989e594c-6c68-42eb-ac18-91aa857d0351.png) In the case of users, you can block them in order to avoid seeing comments or posts which they make. Click on a user’s name on a comment or post and you’ll see the option at the top of the screen. ![](https://lemmy.whynotdrs.org/pictrs/image/5161eef8-09f8-4162-9c51-3d29ad733136.png) For communities, you can avoid ever seeing their posts on your various feeds. While navigating a community, the option to block it will appear on the right sidebar. # Public Moderation Logs: How they work and how to search them Lemmy’s moderation logs for all instance administrator actions and community moderator actions are available for public review at all times - and do not require sign up to access. https://lemmy.whynotdrs.org/modlog Moderation logs are collected together for all federated instances, and so can be difficult to parse in real time without searching for a specific mod. Once you type the name of an individual mod, select them from the dropdown and you can review all mod or admin actions they have taken. Posts which were removed can also be viewed and scrutinized here. There is complete transparency into moderation actions. - https://lemmy.whynotdrs.org/modlog?page=1&modId=2 - admin account admin history - https://lemmy.whynotdrs.org/modlog?page=1&modId=4 - Chives account admin history - https://lemmy.whynotdrs.org/modlog?page=1&modId=487 - Bibic account admin history

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    drs_your_gme DRS Your GME I exported my RES data, no idea how to post it here. Help lol
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Not sure exactly what you're trying to share... but if it's Excel data, you'll probably have to upload it elsewhere (such as Google sheets) and then provide the link here

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  • drs_your_gme
    DRS Your GME apes_on_parade 1 year ago 98%
    Migrated post: My favorite takeaway from the 10-K: 95.9% of holders that could continue to hold did so

    *This post originally appeared in Superstonk on March 28, 2023 (just after our most recent annual 10-K report)* My favorite takeaway from the 10-K: the majority of apes continue to hold. 197k active holders vs 210k all-time holders. Given that 4.7k holders were already inactive before March 2022, this means that 95.9% of holders that *could* continue to hold *did so*. ![](https://lemmy.whynotdrs.org/pictrs/image/5c5f563e-b0f0-48f4-b444-3fa3b7f04f65.png) ![](https://lemmy.whynotdrs.org/pictrs/image/54611ec8-1331-41d0-afb0-fc6102b0e1dc.png) ![](https://lemmy.whynotdrs.org/pictrs/image/bbb91e04-30cf-4046-9090-3758cd70c2d6.png) ![](https://lemmy.whynotdrs.org/pictrs/image/9707f9fd-5907-43db-b05a-843fa043a1d3.png) PS. That's before even accounting for the reality that some apes had duplicate account numbers that they may have consolidated

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  • apes_on_parade apes_on_parade 1 year ago 100%

    It really is that simple, isn't it?

    (I guess 401(k) becoming actually promoted by law helped too)

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  • drs_your_gme DRS Your GME hello guys some help over there 741;306
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  • apes_on_parade apes_on_parade 1 year ago 100%

    These look to be r/place coordinates for where a DRS GME tag is currently on display : https://www.reddit.com/r/place/?screenmode=fullscreen&cx=741&cy=306&px=311

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Federal government censorship on the internet via tech companies - an update on a landmark federal lawsuit

    Hey apes! The censorship I spend most of my time bringing to light on this co is from (presumably) personally driven censorship decisions on Reddit. Today, I'm going to cover an ongoing story on censorship from the federal government itself. https://www.dailysignal.com/2023/07/11/historic-first-judge-blocks-biden-admins-orwellian-collusion-big-tech-suppress-free-speech/ In case you missed the original injunction that came out two weeks ago, a Federal judge issued a temporary injunction on the Biden administration prohibiting them, in no uncertain terms, from urging/pressuring/inducing social media companies to remove/suppress content containing protected free speech. ![](https://lemmy.whynotdrs.org/pictrs/image/80edeb09-50d7-47f3-af51-4050d8a59aca.png) What is particularly interesting to me is the sheer detail of this injunction - 155 pages citing examples of past actions, examples of targeted individuals, and naming dozens of specific individuals and departments in the government who are specifically being put on notice. While I'm not any sort of legal analyst, I think the amount of detail in this injunction sets a clear tone for the remainder of case. Basically, I take this as presumptive evidence that the government has been caught with its hands in the cookie jar and is guilty here. (Not that this is a criminal action. I'm using guilty in the vernacular sense) Freedom of speech is essential. Be suspicious of apparently "private" censorship on the internet. Demand accountability from your government. Demand transparency in finance. BUY, HOLD, DRS, BOOK, SHOP, COMMENT, SPREAD THE WORD.

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    drs_your_gme DRS Your GME Hi everyone! Fuck Reddit!
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  • apes_on_parade apes_on_parade 1 year ago 100%

    Love when people keep receipts. Welcome to the instance!

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  • apes_on_parade apes_on_parade 1 year ago 100%

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  • apes_on_parade apes_on_parade 1 year ago 100%

    Hey! Little setback recently for the ~600 apes who had their IRA's with Mainstar trust. Other than that, I see many apes continuing to slowly build DRS positions while 160-year old investment banks fold and are force sold over the course of a weekend. When US student debt stuff resumes in October, I think some shit is going to start hitting the fan...

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Wut doin SEC? (We are an equal opportunity anti-censorship community)

    As a reminder, please limit content in this community to factual record. **Please do not include commentary on presumed motivations, intentions, shillery, name-calling, etc.** Thanks for keeping tensions to a minimum! (Especially with our always fair and steady-handed friend, the federal government 😬️) Auto-crosspost: https://lemmy.whynotdrs.org/post/22100 Original: https://www.reddit.com/r/Superstonk/comments/153zf5r/sec_currently_deleting_comments_on_proposal/ A short sample of the removed comments still visible in the index: ![](https://lemmy.whynotdrs.org/pictrs/image/f178ce5d-b63e-4102-9d29-f1b12c67d4d4.png)

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    gmecanada GMECanada Overwriting and Deleting all my r/Superstonk comments. Feels good man.
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  • apes_on_parade apes_on_parade 1 year ago 100%

    I think as long as you don't have a spike of outbound messages on one day, it's unlikely to get on their radar. Slow and steady wins the race

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Arbitration of truth re: SEC bulletin

    As a reminder, please limit content in this community to factual record. **Please do not include commentary on presumed motivations, intentions, shillery, name-calling, etc.** Thanks for keeping tensions to a minimum! ![](https://lemmy.whynotdrs.org/pictrs/image/6e6afb14-45a7-4a8d-88bb-8426bd70de79.png) ![](https://lemmy.whynotdrs.org/pictrs/image/543963e0-6cee-4226-914e-a7977d3a1e0c.png) ![](https://lemmy.whynotdrs.org/pictrs/image/5e9f2329-fdd8-465e-b7b3-d9ca341066d4.png) Auto-crossposts: - https://lemmy.whynotdrs.org/post/20551 - https://lemmy.whynotdrs.org/post/20434 On-reddit discussion: https://www.reddit.com/r/GME/comments/1536yx9/my_post_on_booking_your_shares_got_removed_on_ss/

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    drs_your_gme DRS Your GME Overwriting and Deleting all my r/Superstonk comments. Feels good man.
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  • apes_on_parade apes_on_parade 1 year ago 100%

    "pillage" ok, viking

    They speak as though they are the community, and not the members of the community itself

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  • fuck_cars Fuck Cars Tired of men lying about commitment
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  • apes_on_parade apes_on_parade 1 year ago 90%

    Another one. Don't forget "No more drilling on federal lands, period. Period, period, period.”

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Seeking review of book/plan related bannings - > Removed (edit: then banned)

    As a reminder, due to the unfortunate risk of escalating tensions, please limit content in this community to factual record. **Please do not include commentary on presumed motivations, intentions, shillery, name-calling, etc.** Original post: https://old.reddit.com/r/Superstonk/comments/152a2r1/the_mod_team_seriously_needs_to_look_into_all_the/ Auto-crosspost: https://lemmy.whynotdrs.org/post/20348 On-reddit commentary: https://www.reddit.com/r/drsgme/comments/152d1bm/a_story_in_3_pictures_sad_to_see_history_repeat/ For context, I believe the "no meta content" mandate by RAdmins [only covered content which was cross-sub or person-oriented](https://www.reddit.com/r/Superstonk/comments/1336ri9/censorship_mods_r_sus_and_brigading/), and not content on intra-sub moderation policy/practice, a belief which was not resolved in attempted [discussion](https://www.reddit.com/r/Superstonk/comments/11dk47k/comment/jaahsf3/?context=3) | [with](https://www.reddit.com/r/Superstonk/comments/11i6pjo/comment/jaymk2a/?context=3) | [mods](https://www.reddit.com/r/Superstonk/comments/14xpk6p/comment/jrou34f/?context=3?utm_source=share&utm_medium=web2x&context=3). Nevertheless, the more expansively no-meta content rule adopted by mods is frequently used to shut down discussion of our own community's moderation policies and practices. Update: Banned - https://lemmy.whynotdrs.org/post/22099 > Due to the unfortunate risk of escalating tensions, please limit content in this community to factual record. Please do not include commentary on presumed motivations, intentions, shillery, name-calling, etc.

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    drs_your_gme DRS Your GME Roid Rage Circle
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  • apes_on_parade apes_on_parade 1 year ago 100%

    ooh, I like this one! Hits two of my upvote categories at once XD

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  • drs_your_gme DRS Your GME computershared.net redirects to r/superstonk
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  • apes_on_parade apes_on_parade 1 year ago 100%

    I remember the data was not updated for some time... did he ever resume updating it after that? maybe the maintenance burden was weighing heavily on him?

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  • drs_your_gme DRS Your GME Twitter Account suspended for no reasons...
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  • apes_on_parade apes_on_parade 1 year ago 100%

    FYI, I set up a community specifically for this type of content: !anticensorship@lemmy.whynotdrs.org

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  • "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Is a Lemmy link a subreddit? Is sharing an alternative channel brigading? Do rules mean anything? (No)

    As a reminder, please do not include commentary on presumed motivations, intentions, shillery, name-calling, etc. Thanks for keeping tensions to a minumum.

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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    SS: Migrate a post you own? Believe it or not, removed. Right away. (Also ban warning)
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    drs_your_gme
    DRS Your GME apes_on_parade 1 year ago 90%
    TACRTFL - What is the secret ingredient? [DD]

    Migration note: This post originally appeared on Reddit/Superstonk in April of 2022. 👋️🦍️⌚️📖️🍆️⚖️ Hey apes, time to RTFL: Read The Fucking Law. (That's the law they use to fuck us) Can't read? No problem, I'll TACR it for you. Don't like my TACR? No problem, read it yourself. Can't read AND don't like my TACR? Find a lawyer and get them to read it for you. First, disclaimers - I'm a big proponent of DRSing shares. I've been holding since Jan 2021, DRS'd in September, 99% DRS'd since October. I am not a lawyer, just reading (#blessed) Let's start with where I started, the Queen herself: ![](https://lemmy.whynotdrs.org/pictrs/image/279a4a41-bf07-49d6-ae95-420ca3da9172.webp) https://twitter.com/SusanneTrimbath/status/1438653922449641472 Interesting enough on its own, I'd say. I like having rights and protections. But what is this "entitlement holder"? The answer lies in the Uniform Commercial Code, in Article 8 on investment securities: ![](https://lemmy.whynotdrs.org/pictrs/image/40895ee6-000d-4ee8-ac70-d02d2c715dc7.webp) https://www.law.cornell.edu/ucc/8/8-102 ![](https://lemmy.whynotdrs.org/pictrs/image/361c3328-84c5-4d2f-8380-d52e594187bd.webp) This part bears quoting in text - Entitlement holder: person having a security entitlement against the securities intermediary (broker). So while an "entitlement" may at first sound like an absolute thing, in actuality, it is specifically "against" your broker. It just means your broker owes you a share. Hmm, what does that remind me of? ![Dumb and Dumber IOU](https://lemmy.whynotdrs.org/pictrs/image/e83e40a8-284f-42ba-a61e-79da3479dc96.webp) That's as good as shares, sir. That's a share IOU Ok, so if an "entitlement holder" only has a "security entitlement" (share IOU from their broker), then how can someone know if they have a share IOU or a real share? What is a real share? Not an "entitlement" to a security, but the "security" itself? ![](https://lemmy.whynotdrs.org/pictrs/image/9ea031d2-1926-4d60-8fc6-5fa4482a29f6.webp) Uhhh.... many word, such read, wut mean? TACR: To be a security, something has to not fall under the exceptions in 8-103, and it has to meet all three criteria (i), (ii), and (iii). The exceptions in 8-103 carve out things which explicitly are not securities, like options, commodity contracts, things which don't trade on markets, etc. None of them seem to apply to GME, but you can read it for yourself. Now, to be a security, each of (i), (ii), and (iii) must be true. Let's look at (i) specifically: (i) which is represented by a security certificate in bearer or registered form, or the transfer of which may be registered upon books maintained for that purpose by or on behalf of the issuer; So to be a security, this must be true, which means at least one of these things: - It is represented by a security certificate in bearer form - It is represented by a security certificate in registered form - The transfer of the thing is registered upon the books, maintained for the purpose of registration, by the issuer (GameStop) or for the issuer (i.e. by their transfer agent, Computershare) So, if you do not have a certificate (which is hard to come by these days, pretty much no one deals in stock certificates anymore), and you are not registered on the books maintained by Gamestop/Computershare, then you do not have a GME security. Full stop. How does one get onto these books that are maintained by GameStop's transfer agent Computershare? (Spoiler: It's through Computershare) Honestly, that should be the end of this post right there. Unfortunately, due to certain derivative repping shills, I also have to talk about why a share IOU is not just as good as a share. ![](https://lemmy.whynotdrs.org/pictrs/image/806ec153-44f3-4ab8-b9ed-bde2c48c8b9a.webp) https://www.law.cornell.edu/ucc/8/8-503 An entitlement holder's property interest with respect to a particular financial asset under subsection (a) is a pro rata property interest in all interests in that financial asset held by the securities intermediary, "Pro rata" means proportional. "To the extent necessary for a securities intermediary to satisfy all security entitlements" means when push comes to shove. If your broker doesn't have enough shares for all the IOUs they've handed out, you'll have to make do with fewer shares than you have share IOUs. If the DTC doesn't have enough shares for all the share IOUs they've handed out, you'll have to make do with fewer shares than you have share IOUs. Edit to add this paragraph: I've responded to a comment saying "of course, all shares are pro-rata". To be clear, there is a difference between a pro-rata interest in the issuer (what we assume a share means), and a pro-rata interest in "that financial asset held by the security intermediary" (what this law states). The basis for determining this pro-rata proportion is not the company's issued/authorized/outstanding shares, but the potentially much larger number of shares owed by the intermediary to its entitlement holders. As an example, if a broker sold 1000 shares, including 100 to you, but only received and holds 500, you have property interest in just 50 shares, not the 100 you see neatly credited to your account. But that's just my interpretation, what do I kn-- huh? what's that SEC staff? ![](https://lemmy.whynotdrs.org/pictrs/image/2a0b04cc-7f14-4b80-ba92-8097f5ad6d7f.webp) https://www.sec.gov/news/speech/2007/spch101607ers.htm Alright, let's wrap this post up. To summarize: - A real share (security) is registered on the books maintained for the issuer, by their transfer agent (or is certificated) - A share IOU from your broker (security entitlement) is what you actually have when your "shares" are not registered - A share IOU is not as good as a share. It is a pro-rata property interest in real shares held by the DTC/Cede & Co. - If you want to have a share instead of be owed a share, you gotta ask your broker to deliver what they owe you ![](https://lemmy.whynotdrs.org/pictrs/image/d053d04e-8b84-41fc-918d-bbf45d16c45b.webp) All along, we said the secret ingredient was crime. And there is a lot of crime. But there is also a non-trivial amount of technically legal non-delivery due to holders not RTFL and not asking for delivery of what they paid for and are owed. PS. Special shout outs to u/millertime1216 and u/mistakesnmoney for motivating me to write this. 🦍️❤️🦍️. Shout out to DRS haters for frustrating me enough to go look up all these laws. To any shills coming for me in the comments: hope you're not selling covered calls, those pro-rata shares may not cover you when shit hits the fan.

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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    SS Discord: Rule against sharing alternative communication channels
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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearAN
    Anti-censorship apes_on_parade 1 year ago 100%
    Pattern of Twitter bans
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    drs_your_gme
    DRS Your GME apes_on_parade 1 year ago 84%
    When your sub gets banned from Reddit

    ![immediately rebuilt](https://lemmy.whynotdrs.org/pictrs/image/93b6a360-fa40-4ae7-ae77-2e06c8c0083b.mp4)

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    drs_your_gme
    DRS Your GME apes_on_parade 1 year ago 81%
    250 more for the donut god

    Just submitted a request to send over 250 more that I bought during earnings week! That is all.

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    "Initials" by "Florian Körner", licensed under "CC0 1.0". / Remix of the original. - Created with dicebear.comInitialsFlorian Körnerhttps://github.com/dicebear/dicebearME
    Support Lemmy development!

    Want Lemmy to get better? Support its development at https://join-lemmy.org/donate

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