7/21/2023 Estimated DRS count: 76,969,713 (using DRSbot total x 4.272)
7/21/2023 Minus 1.2m Mainstar: 75,699,147
The 4.272 multiplier comes from 6/1/2023 Form 10-Q divided by DRSbot 6/1/2023 total: 76,600,000 / 17,928,960 = 4.272
7/21/2023 Estimated DRS count: 76,969,713 (using DRSbot total x 4.272)
7/21/2023 Minus 1.2m Mainstar: 75,699,147
The 4.272 multiplier comes from 6/1/2023 Form 10-Q divided by DRSbot 6/1/2023 total: 76,600,000 / 17,928,960 = 4.272
Company is doing well in terms of profitable quarter and a billion on hand. That’s fantastic and basically has a shareholder system that won’t stop buying.
Pretty much best case for a company.
However that hasn’t stopped the shorts and hasn’t benefited the shareholders. They are worse of now than they were a year ago.
I jumped into gme like a lot because of moass. Yes Cohen has done a great job but at the end of the day I need a return on my investment.
I was hoping for a short turn around. Obviously 2 a bit years later and that isn’t happening but I’m not looking at a long time investment. Gme currently can’t do dividends and won’t be able to unless it shakes the enormous short attacks.
Oh I don’t doubt the shorts. Clearly they haven’t given up. However there’s not really been much change in the last 6 months. I think Cohen should address this. I’m not looking to sell as I’d make a huge loss so no point. But I think things have slowed to a crawl and it would be beneficial for the company to let us know they are aware of it.
Still no comments regarding the removal of a senior team member and nothing concrete regarding shorts. Illegal activities and all sorts.
Yes, the stock market is … how to put it nicely … dysfunctional. But Cohen’s job is primarily to make Gamestop profitable, and he has been clear that he is going to keep his cards tight against his chest. Stock market reform is much too big of a job for one person who is busy running a business to take on, and to the degree that he is doing something about it, I’m glad that he’s keeping his promise of not telegraphing his moves to the competition - or to the cellar boxing parasites.
Until further notice, I will just continue to DRS and book my shares. Which for me has also slowed down significantly, because of other expenses that have slowed down my buying of more GME, and because I could only spend my savings once. (Wish I could naked spend, but that’s a privilege reserved for people who spend other people’s money, it seems.)
I’m still convinced that DRS is one of the most, if not the most, important spanner in the works of the financial criminals that are naked short GME.