this post was submitted on 15 Sep 2023
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DRS Your GME
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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.
I think just the standard definition. Not moving. Slowly to a crawl. Did the needle move at all on last share meeting?
So should be just under 2 million a year ? Are DRS numbers ticking towards that ?
But do we as shareholders know where that actually comes from ? If the float is locked then there shouldn't really be any shares to pick up. Obviously there's institutes and regular investor's that can sell.
Is there any way to tell if these shares are loaned or actually bought ? Does RC and suck DRS ?
Ah so they are diluting the shares a bit with a few million shares being available then.
Good to know. I'm not on Reddit anymore so I barely see anything about gme. Not much seems to be happening since all the commotion.
Shame, could have potentially changed the world but seems to be fizzling out. Maybe something will jumpstart it again. Was hoping China, evergrande building collapse might cause a ripple.
Shame, could have potentially changed the world but seems to be fizzling out.
I don't think it is fair to say that this is fizzling out. Finances are improving year over year. Hodlers are hodling –– year after year –– DRS counts prove that. Blockbuster movie coming to a theater near you.
Other quotes from @Mojojojo1993@lemmy.world:
"So it’s basically stopped. [...] not anything concrete for the shareholders. [...] I don’t see it working out. [...] Drs has dropped off a cliff." https://lemmy.whynotdrs.org/comment/496590
"In what way is that shill?" https://lemmy.whynotdrs.org/comment/503023
"Your a shill. Find a boot to lick" https://lemmy.whynotdrs.org/post/23322
"Absolutely will not be telling me friends and family. [...] DRS isn’t going to hit 100%. [...] That’s not a good sign." https://lemmy.whynotdrs.org/comment/536202
"You sound delusional" https://lemmy.whynotdrs.org/comment/884011
Kool. So I comment a lot. And ?
I think it's absolutely fizzling. That's not to say things aren't happening in the background. But DRS counts are way down. There's less chatter online and in subs. Less/more tweets from RC not sure but it's a lot less exciting than it was.
I'm still booked and DRS.
Im just not caught up in the whirlwind anymore. I thought tomorrow was the day. I'd quit my job, buy a house and see what I could do that I wanted. That's over. Now there might be regulatory changes.ayne something happens with hedge's but I don't see short squeeze money with 6 0's