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7/21/2023 GameStop (GME) Estimated DRS count: 76,969,713 (or 75,699,147 when -1.2 million Mainstar shares)
(lemmy.whynotdrs.org)
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
But isn't that the fundamental issue. The system is working how it's been designed. It's designed by those that are exploiting it and so Cohen or any other CEO can't fight within the system.
You'd have to fight outside the system or create a new one. Only way he'd win or shareholders would win would be to use the same sneaky cheating that other companies or hedge's or governments use. Kinda lose lose.
I have my shares in computershare and in book but that is or only defense. We haven't really moved forward in the last 6 months. If anything it seems to be status quo now.
I can't see how that would eventually defeat the shorts. They are using the system to exploit it and it's working as intended. The dark pools are within but also outside the system. They use shorts marked as longs marked as longs. They naked short they married puts.
This is my only concern. I have less and less impact on the gme saga as time goes on. Same as you. I've basically dried up my savings and rarely buy anymore. I will try to buy a few more lots when I get a positive cash flow.