A full year later, we have “yet” to break 76M again.
In this post here https://lemmy.whynotdrs.org/post/381421, we discussed how the numbers are likely much higher than are currently reported. This heavily implicates Cede/DTCC because every quarter requires fraudulent reporting (well played SEC).
But how much higher? We’ve been at 75M for exactly 4 quarters now. Estimates at the previous pace would have us over 130M shares DRSd at this point.
This would mean there are very few shares actually left out there. Roughly only 26M left to DRS before they truly start to panic from the math-breaking number. The DTCC definitely fucked up by thinking we couldn’t buy the entire thing lol.
They warned you there would be FUD, this is it. Keep DRSing and eventually ComputerShare will stop selling to us like they said they would if there are no locates ;).
With that in mind, also don’t forget the $149T bullet swap that hits instantly on December 15th. Since they opened that particular short, the stock has seen a 390% increase along with a 430% rise in interest rates, do think they roll that shit over ;)?
I will leave with the same question: Why do you think Gamestop changed the wording from 03/22/2023 onward?
In no way do I believe DRS numbers have stagnated for this long. There are either concerted efforts being made to hide the truth via legal jargon, or im a monkeys uncle
Price action has been weird and volatile again lately after a slow and steady grind down. Seems like something is brewing.
the timing of the increase in volume corresponds to the Heat Lamp Theory’s conjecture, although there may have been other factors as well
