20
8/11/2023 GameStop (GME) Estimated DRS count: 77,042,333 (or 75,771,767 when -1.2 million Mainstar shares)
(lemmy.whynotdrs.org)
8/11/2023 Estimated DRS count: 77,042,333 (using DRSbot total x 4.272)
8/11/2023 Minus 1.2m Mainstar: 75,771,767
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
So it's basically stopped. That's a real shame. However Cohen never explained the change in DRS and has yet to really speak up on anything. 2 years of cryptic clues and not anything concrete for the shareholders.
I was confident in game but as time goes on I'm less and less. Very little of the dollar end game has happened. Inflation is slowing. Evergrande has been in free fall since almost the start of the game saga.
I buy less and less gme these days because I don't see it working out. Others are clearly the same as Drs has dropped off a cliff.
It's because there are very few new users joining superstonk. Another way to look at it, there are very few new people learning about Gamestop and DRS. When Gamestop first caught fire on wsb there were 4-5 million members of that subreddit. Then it shifted to a sub that has 890k members, superstonk. Then there was a brief shift to the drsyourgme subreddit, but that was banned / censored, which had about 10-15k members. Now this lemmy has started, off reddit, outside of the censorship, there's a much better chance of introducing new people to Gamestop. Alternatively, and what I think is the best way, is to tell your friends and family! The total DRS count is 76 million. If everyone gets 1 person they know to DRS, the floats locked up. We're all armed with all the information we need.
This will be set off by happenings. By actions by those with pull. Something is being setup. It's way bigger than we are imagining. A lot of people involved that we don't know about. This is way bigger than the stock market. It's bigger than the financial world. I think this will literally change the way the masses think. I don't know what it is, I just hope they do the right thing (I really think they will). But man, we are along for the ride now. Just look at what's happening out here. You can feel it building, some sort of awareness or awakening. Something big is up...
Absolutely will not be telling me friends and family.
But I know this. That doesn't change the fact that DRS isn't going to hit 100%. At its current speed it's barely going to hit 100.
That's fine it hopefully puts stress on hedge's but what I think gme and Cohen should be doing is talking to his shareholders.
It's been silence since they removed top brass. That's not a good sign. Keep those that kept the business going in the loop.