this post was submitted on 15 Sep 2023
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DRS Your GME

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9/15/2023 Estimated DRS count: 75,521,650 ((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 38,540,578 9/11/2023
Insiders Stagnant 14,339,510 9/8/2023
DRS 200k Computershare accounts 75,521,650 9/15/2023
DRS 200k accounts 25% stuck in IRA 18,880,413 9/15/2023
Other 62,448,205 9/15/2023
  • Total Outstanding on 8/31/2023: 305,241,294
  • Free float on 9/13/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • Added Larry +6000 and Alain +15000 to Insiders number on 9/11/2023.
  • "DRS 200k accounts 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
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[–] jersan@lemmy.whynotdrs.org 2 points 1 year ago (2 children)

This is excellent, thanks for posting this.

Wondering if somebody could please explain:

  1. what are "Insiders Stagnant" shares?
  2. where does the information come from regarding the ~18.9 million shares of "DRS 200k accounts 25% stuck in IRA" ?
[–] regolith@lemmy.whynotdrs.org 3 points 1 year ago

Insiders Stagnant generally refers to shares held by people that used to be insiders (former CEOs, and other executives). It is not known whether they have sold their shares or not.

[–] lovetoburst@lemmy.whynotdrs.org 2 points 1 year ago (1 children)
  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.
[–] jersan@lemmy.whynotdrs.org 1 points 1 year ago

awesome, thanks.