23
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
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.