lovetoburst

joined 1 year ago
 

2/23/2024 Estimated DRS count: 76,100,046 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,902,186 2/13/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 76,100,046 2/23/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,830,014 2/23/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,220,009 2/23/2024
Other 41,413,535 2/23/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increased shares by 785,823 on 12/29/2023 (2/13/2024 file date). From 24,664,433 to 25,450,256.
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Unfortunately, Computershare only allows one gift per month, and only up to $2000.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter


Additional data #1:

2/23/2024 Top 50 holders from recent reddit activity:

  • Using sample of 653 data points (2,458,580 DRS'd shares)
  • Top 50 holders are 2,074,285 of the 2,458,580 DRS'd shares
Position Number of shares
1 1,390,972
2 70,800
3 58,769
4 46,518
5 42,004
6 38,008
7 31,150
8 30,701
9 29,369
10 22,187
11 21,568
12 20,000
13 18,705
14 14,507
15 14,224
16 14,220
17 11,900
18 10,522
19 10,101
20 10,085
21 9,583
22 9,551
23 9,544
24 8,500
25 8,311
26 8,000
27 6,695
28 5,860
29 5,600
30 5,503
31 5,400
32 5,362
33 5,339
34 5,266
35 5,256
36 5,213
37 5,069
38 4,788
39 4,485
40 4,420
41 4,380
42 4,258
43 4,221
44 4,216
45 4,200
46 3,872
47 3,799
48 3,772
49 3,763
50 3,749

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

Position Who Number of shares
1 Cede & Co 228,451,023.9
2 1,200,009
3 203,868.0026
4 160,000
5 146,896
6 128,000
7 109,812
8 108,000
9 108,000
10 GameStop Omnibus Account 78,012
11 72,000
12 66,000
13 65,329
14 61,536
15 60,140
16 60,000
17 60,000
18 58,000
19 57,884
20 57,065.16734
21 55,840
22 55,479.32866
23 53,000.09312
24 51,600
25 50,810.5893

2/23/2024 Insider share count via SEC Form 4 filings:

Who Number of shares As of
Ryan Cohen 36,847,842 6/9/2023
Patel Nir Vinay 1,004,695 7/10/2023
Alain Attal 562,464 9/8/2023
Mark Robinson 68,687 1/2/2024
Lawrence Cheng 55,088 9/8/2023
James Grube 23,864 6/15/2023
Daniel Moore 22,963 1/2/2024
Xu Yang 19,860 6/15/2023

Additional data #2:

Number of Computershare accounts:

Date Number of Computershare accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
11/21/2023 217,xxx
12/10/2023 218,xxx
1/4/2024 218,4xx

Number of record holders:

Date Source Number of record holders
3/11/2022 Form 10-K 125,543
3/22/2023 Form 10-K 197,058
4/21/2023 List of stockholders 197,954

GME Volume last 2 years:

Year Volume
2022 2,825,293,700
2023 1,167,878,465

20 lowest volume days (as of 2/22/2024):

Rank Date Volume Closing price
1 8/3/2023 1,318,700 $20.93
2 8/8/2023 1,431,300 $20.74
3 8/10/2023 1,432,400 $20.19
4 8/7/2023 1,441,300 $21.07
5 7/26/2023 1,489,200 $22.70
6 8/11/2023 1,500,200 $20.19
7 5/9/2023 1,522,700 $20.24
8 5/11/2023 1,652,500 $20.88
9 1/30/2024 1,652,600 $14.55
10 7/25/2023 1,672,000 $22.85
11 9/27/2023 1,681,300 $17.15
12 11/8/2023 1,705,600 $13.28
13 2/21/2024 1,731,300 $13.41
14 7/12/2023 1,742,200 $23.44
15 4/13/2023 1,803,900 $22.55
16 7/3/2023 1,806,600 $24.91
17 2/22/2024 1,810,000 $13.36
18 10/13/2023 1,820,565 $14.90
19 2/8/2024 1,838,300 $14.35
20 8/30/2023 1,884,500 $18.37
 

2/16/2024 Estimated DRS count: 76,034,912 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,902,186 2/13/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 76,034,912 2/16/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,810,474 2/16/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,206,982 2/16/2024
Other 41,511,236 2/16/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increased shares by 785,823 on 12/29/2023 (2/13/2024 file date). From 24,664,433 to 25,450,256.
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Unfortunately, Computershare only allows one gift per month, and only up to $2000.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter


Additional data:

Number of Computershare accounts:

Date Number of Computershare accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
11/21/2023 217,xxx
12/10/2023 218,xxx
1/4/2024 218,4xx

Number of record holders:

Date Source Number of record holders
3/11/2022 Form 10-K 125,543
3/22/2023 Form 10-K 197,058
4/21/2023 List of stockholders 197,954

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

Position Who Number of shares
1 Cede & Co 228,451,023.9
2 1,200,009
3 203,868.0026
4 160,000
5 146,896
6 128,000
7 109,812
8 108,000
9 108,000
10 GameStop Omnibus Account 78,012
11 72,000
12 66,000
13 65,329
14 61,536
15 60,140
16 60,000
17 60,000
18 58,000
19 57,884
20 57,065.16734
21 55,840
22 55,479.32866
23 53,000.09312
24 51,600
25 50,810.5893

2/7/2024 Insider share count via SEC Form 4 filings:

Who Number of shares As of
Ryan Cohen 36,847,842 6/9/2023
Patel Nir Vinay 1,004,695 7/10/2023
Alain Attal 562,464 9/8/2023
Mark Robinson 68,687 1/2/2024
Lawrence Cheng 55,088 9/8/2023
James Grube 23,864 6/15/2023
Daniel Moore 22,963 1/2/2024
Xu Yang 19,860 6/15/2023

GME Volume last 2 years:

Year Volume
2022 2,825,293,700
2023 1,167,878,465

15 lowest volume days (to 2/15/2024):

Rank Date Volume Closing price
1 8/3/2023 1,318,700 $20.93
2 8/8/2023 1,431,300 $20.74
3 8/10/2023 1,432,400 $20.19
4 8/7/2023 1,441,300 $21.07
5 7/26/2023 1,489,200 $22.70
6 8/11/2023 1,500,200 $20.19
7 5/9/2023 1,522,700 $20.24
8 5/11/2023 1,652,500 $20.88
9 1/30/2024 1,652,600 $14.55
10 7/25/2023 1,672,000 $22.85
11 9/27/2023 1,681,300 $17.15
12 11/8/2023 1,705,600 $13.28
13 7/12/2023 1,742,200 $23.44
14 4/13/2023 1,803,900 $22.55
15 7/3/2023 1,806,600 $24.91
 

Tried a few times uploading different images around 11:55 a.m. central time. Response:

Request error: error sending request for url (http://pictrs:8080/image): operation timed out

 

2/2/2024 Estimated DRS count: 75,964,491 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,116,363 1/26/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,964,491 2/2/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,789,347 2/2/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,192,898 2/2/2024
Other 42,402,691 2/2/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter


Additional data:

Number of Computershare accounts:

Date Number of Computershare accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
11/21/2023 217,xxx
12/10/2023 218,xxx
1/4/2024 218,4xx

Number of record holders:

Date Source Number of record holders
3/11/2022 Form 10-K 125,543
3/22/2023 Form 10-K 197,058
4/21/2023 List of stockholders 197,954

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

Position Who Amount
1 Cede & Co 228,451,023.9
2 1,200,009
3 203,868.0026
4 160,000
5 146,896
6 128,000
7 109,812
8 108,000
9 108,000
10 GameStop Omnibus Account 78,012
11 72,000
12 66,000
13 65,329
14 61,536
15 60,140
16 60,000
17 60,000
18 58,000
19 57,884
20 57,065.16734
21 55,840
22 55,479.32866
23 53,000.09312
24 51,600
25 50,810.5893

GME Volume last 2 years:

Year Volume
2022 2,825,293,700
2023 1,167,878,465

15 lowest volume days (to 2/1/2024):

Rank Date Volume Closing price
1 8/3/2023 1,318,700 $20.93
2 8/8/2023 1,431,300 $20.74
3 8/10/2023 1,432,400 $20.19
4 8/7/2023 1,441,300 $21.07
5 7/26/2023 1,489,200 $22.70
6 8/11/2023 1,500,200 $20.19
7 5/9/2023 1,522,700 $20.24
8 5/11/2023 1,652,500 $20.88
9 1/30/2024 1,652,600 $14.55
10 7/25/2023 1,672,000 $22.85
11 9/27/2023 1,681,300 $17.15
12 11/8/2023 1,705,600 $13.28
13 7/12/2023 1,742,200 $23.44
14 4/13/2023 1,803,900 $22.55
15 7/3/2023 1,806,600 $24.91
[–] [email protected] 5 points 9 months ago

Are you me? 😄 I was looking over the 10-Q (again) on Friday night. More of a "How is the stock price down 65% since stock split via dividend when all the SEC filing numbers are better than ever?"

We all know the answer, but I just have to remind myself.

[–] [email protected] 2 points 9 months ago

Image upload fixed. Thank you!

 

1/26/2024 Estimated DRS count: 75,903,035 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

Holding Number of shares As of
Former Insiders (Other) 14,339,510 12/9/2023
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 36,116,363 1/26/2024
Other Institutional Ownership 30,102,685 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,903,035 1/26/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,770,911 1/26/2024
Non-DRS - 200k acct if 50% stuck in IRA 15,180,607 1/26/2024
Other 42,494,874 1/26/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter


Additional data:

Number of Computershare accounts:

Date Number of Computershare accounts
5/8/2023 213,4xx
8/2023 or 9/2023 213,500
10/24/2023 216,3xx
11/21/2023 217,xxx
12/10/2023 218,xxx
1/4/2024 218,4xx

Number of record holders:

Date Source Number of record holders
3/11/2022 Form 10-K 125,543
3/22/2023 Form 10-K 197,058
4/21/2023 List of stockholders 197,954

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

Position Who Amount
1 Cede & Co 228,451,023.9
2 1,200,009
3 203,868.0026
4 160,000
5 146,896
6 128,000
7 109,812
8 108,000
9 108,000
10 GameStop Omnibus Account 78,012
11 72,000
12 66,000
13 65,329
14 61,536
15 60,140
16 60,000
17 60,000
18 58,000
19 57,884
20 57,065.16734
21 55,840
22 55,479.32866
23 53,000.09312
24 51,600
25 50,810.5893

Recent GME Volume

Year Volume
2022 2,825,293,700
2023 1,167,878,465
[–] [email protected] 3 points 9 months ago

Also creating this post is still sitting and spinning in the GUI for 5+ minutes, but looks like it completed in the backend.

 

Uploading an 844 KB image times out with:

{
    "data": {
        "error": "unknown",
        "message": "Request error: error sending request for url (http://pictrs:8080/image): operation timed out"
    },
    "state": "success"
}

Tried twice around 8:45 a.m. CST

 

1/19/2024 Estimated DRS count: 75,883,224 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,883,224 1/19/2024
Non-DRS - 200k acct if 30% stuck in IRA 22,764,967 1/19/2024
Other 58,268,359 1/19/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

 

1/12/2024 Estimated DRS count: 75,831,798 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,831,798 1/12/2024
Non-DRS - 200k acct if 25% stuck in IRA 18,957,950 1/12/2024
Other 62,126,802 1/12/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct if 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

 

1/5/2024 Estimated DRS count: 75,793,468 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,793,468 1/5/2024
Non-DRS - 200k acct 25% stuck in IRA 18,948,367 1/5/2024
Other 62,174,715 1/5/2024
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

 

12/29/2023 Estimated DRS count: 75,770,775 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,770,775 12/29/2023
Non-DRS - 200k acct 25% stuck in IRA 18,942,694 12/29/2023
Other 62,203,081 12/29/2023
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,995 DRS shares (as of 12/25/2023). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

 

12/22/2023 Estimated DRS count: 75,744,118 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,744,118 12/22/2023
Non-DRS - 200k acct 25% stuck in IRA 18,936,030 12/22/2023
Other 62,236,402 12/22/2023
  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

 

12/15/2023 Estimated DRS count: 75,632,033 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

Holding Number of shares As of
ETFs 29,950,420 12/9/2023
MFs, Index Funds, Pension Funds, etc 35,549,240 12/9/2023
Other Institutional Ownership 30,102,685 12/9/2023
Insiders Stagnant 14,339,510 12/9/2023
Insiders 38,655,910 12/9/2023
DRS'd - 200k Computershare accounts 75,632,033 12/15/2023
Non-DRS - 200k acct 25% stuck in IRA 18,908,008 12/15/2023
Other 62,376,509 12/15/2023
  • Total Outstanding on 11/30/2023: 305,514,315 (10/12/2023 was 305,241,294)
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month Multiply by 3 months per quarter Total DRS per quarter if 100,000 active accounts Total DRS per quarter if 200,000 active accounts
1 3 300,000 600,000
2 6 600,000 1,200,000
3 9 900,000 1,800,000
4 12 1,200,000 2,400,000
5 15 1,500,000 3,000,000
  • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

[–] [email protected] 4 points 11 months ago

Sorry, don't have a source on that. Scrolled a million bananas on reddit this year and everything is a blur. :)

I'm assuming DTCC just watches Computershare's broker for Computershare's transactions. Doubt they would ever contact Computershare and leave a trail.

[–] [email protected] 4 points 11 months ago (2 children)

Check out TheUltimator5's posts on recurring buy fills: https://www.reddit.com/user/theultimator5/

I think 6days1week had the Computershare recurring buy dates marked on a calendar, or maybe TheUltimator5 mentions in one of his posts.

I used the most basic average $1.2 million buy every 2 weeks and used only $14 a share as an example. So 85,714 shares * 6 times a quarter = 514,284 shares from just recurring buys each quarter. Mileage will vary of course on GME share price at the time.

I think the DTCC side can see all broker transactions.

  • Computershare's bi-weekly recurring and daily purchases go through a broker.
  • Broker DRS transfers to Computershare notify the DTCC that a stock withdrawal is taking place.
  • I think I saw a redditor mention a rule/agreement that the DTCC can ask to see a transfer agent's books at any time, too.
[–] [email protected] 5 points 11 months ago (4 children)

The DRS count incrementing 76.0m > 76.26m > 76.6m seems "ok, no 'major' f--kery" but still a bit on the low side. Which partly leads to questioning if we are overestimating retail investor purchasing power and how many are DRS-ing in that timeframe.

Without access to the Computershare dashboard to see daily account and count changes, we're left in the dark guessing. Like the +4.2m for 3/22/2023 versus +.5m on 10/29/2022. One theory is "they" load up DRS accounts, then many months later drain shares to confuse retail.

[–] [email protected] 5 points 11 months ago (1 children)

Yeah, I wish the default Lemmy editor included tables like reddit's Fancy editor. I copy-paste from my reddit post (in Markdown mode) and it preserves the tables over in Lemmy.

[–] [email protected] 5 points 11 months ago

Thank you, adding inflation for next week's post.

[–] [email protected] 5 points 11 months ago (1 children)

DRSbot witnessing is pretty much down to one reddit user now (shorthand we refer to as NoVac user).

DRSbot has been offline more than online the past 3 weeks. I manually track DRS posts during its offline time. From keeping an eye on DRS posts the past 3-4 months, nothing alarming jumps out.

Was discussing the DRS count f--kery tonight, and there isn't much reason to measure and estimate when "they" can consistently mess with the DRS numbers over the past 2 years.

I think a better gauge may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter.

There, done. I don't have to look at another DRS post again, ever. :)

[–] [email protected] 2 points 11 months ago (1 children)

Yeah, the Youtube algorithm is interesting. I get recommended a bunch of AMC, stock market crash, and GME bashing videos sometimes.

Same with Reddit recommendations. I looked at 1 meltdown post maybe 14 months ago, haven't looked at an AMC post in 2 years, but the algorithm still drums up meltdown and AMC posts on my main page.

[–] [email protected] 5 points 11 months ago (3 children)

I've watched Richard Newton's youtube videos for a while. He's been very helpful explaining what's possibly happening via swaps, ETFs, OpEx, cycles, derivatives, etc. Also nice past videos explaining GameStop SEC filings, DRS, GameStop marketplace, former wallet, Loopring, ImmutableX, NFTs, ethereum, crypto, etc.

[–] [email protected] 2 points 11 months ago (1 children)

That's where the SEC filing oddities kick in. Is it strange that 200,000 Computershare accounts are only progressing at:

  • +500,000 DRS over 91 days (5,494 per day)
  • +265,982 DRS over 30 days (8,866 per day)
  • +334,018 DRS over 41 days (8,146 per day)
  • +638,774 over 71 days (8,997 per day)

But simple math of when just ONE share a month for 200,000 accounts would be +600,000 a quarter?

It's possible many of us are overestimating the 200,000 accounts' purchasing power. Or something funny is going on.

This next Form 10-Q data point should be interesting!

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