this post was submitted on 10 Nov 2023
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DRS Your GME

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11/10/2023 Estimated DRS count: 76,038,774 ((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 76,038,774 11/10/2023
Non-DRS - 200k acct 25% stuck in IRA 19,009,694 11/10/2023
Other 61,801,800 11/10/2023
  • Total Outstanding on 8/31/2023 and 10/12/2023: 305,241,294
  • Free float on 9/11/2023: 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.
  • "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 shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
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[–] Zuberi@lemmy.dbzer0.com 1 points 1 year ago

When Cede numbers are revealed to be fraudulent, don't be surprised when the true values far, far exceed these estimates.