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NYSE is "accelerated" lobbying the SEC to allow it to facilitate inbound orders at off-exchange venues. This is some next level criminality.

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Ryan Cohen on Twitter!

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Those who still don’t understand $APE

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In 2003 the DTC & SEC went on record to say that A) They will protect neither companies nor retail investors, and B) The way to protect ourselves and the companies we love is to DRS.

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Last week I reported how GameStop had more FTDs over the last 10 years than 99.969% of 38k tickers. Many of you asked for more info, especially about which tickers had more FTDs than GameStop. Here is that info and some other tit-jacking findings uncovered from the additional research... 🚀

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Is this our doing ?

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Vanguard coded it as a forward split and they're "gonna work out to be in essence the same thing"

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🗒️ BROKER MASTER LIST of Splividend Confirmations

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OBJECTION!

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NICE. LMAO

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  1. Can't fail to deliver / receive if you've been instructed to split the stock instead of split via dividend.

  2. NYSE is trying to introduce Directed Trades to support additional securities that they would not otherwise support. ATS are not only dark pools, but it is the random small trading platforms that support specific niche things.

  3. How many times does this need to be said for Apes to understand?

  4. It's perfectly legal for RC and GME to just tell everyone to DRS. But... That opens them up to a shit ton of lawsuits if it can be proven that they were trying to force a short squeeze. I think this cryptic IYKYK method is funner.

  5. How good are your soldering skills? I think you can see the two data pins fairly easily from the Front view.. but the pitch is going to be very tiny.

  6. Since S3 partners changed the way they do their calculations. 50% is equal to 100% SI.

  7. Anyone talk to Computershare yet to see how this will work?

  8. Since Computershare is the official transfer agent for AMC, they will be the ones that receive the APE shares to distribute to direct registered shareholders and then to the DTC to distribute to beneficial owners. GameStop just went through the same thing, only direct registered owners have been guaranteed to have real shares and not IOUs.

  9. how is this legal? in other words how can they single out a preferred stock and make it PCO?

  10. They aren't signaling out 1 stock. They don't support all premium shares. Premium shares are a different class compared to "Common" shares.

  11. Transfer to Fidelity. It takes 2 days.

  12. It will initially have a value of $4 as thats the starting price for an ipo.

  13. That's not true at all. Some exchanges have minimum amounts to list the stock on the exchange. That might be $3 or $4. That does not mean all IPO start at that amount. It does not mean AMC is guaranteed to start at that amount. They could pick any number with a minimum starting of $3 or $4, but they could also have a special arrangement that allows for lower. Preferred stock is a little different from common stock, which is why not all brokers will allow you to buy it. Many preferred stocks tend to start at $25, but that won't happen here since it would drop AMC to zero or below.

  14. Wrote about this twice recently:

  15. Oh yeah you did, shit, how did I miss those posts? Actually, shit, I kinda took a break from reddit for the past couple of weeks 😬

  16. Is it possible to calculate number of FTDs as a percentage of number of shares outstanding? I realize that might be very hard / impossible given most of them are ETFs and total shares fluctuate... but I think it would completely change the list. XYZ stock could have 100M FTDs, but that's nothing if it's only 0.1% of total shares outstanding. I imagine there are many companies that had far lower FTDs, but it was a significant proportion of the entire company's outstanding share count.

  17. Keep in mind that diluting APE will also dilute AMC if the stock is converted back into AMC from APE. The reverse split doesn't negate the dilution.

  18. Halts happen when a stock increases or decreases 10% in five minutes. It's called the 'Circuitbreaker rule'.

  19. Buddy, moass is gonna takes weeks if not months. The only thing you could plausibly miss us the fomo phase and possibly the paper handing phase. That’s just the very beginning of our trip to Valhalla/Neptune/Uranus. You’ll be fine my dude!!

  20. You click the transact button and enter in your market or limit order. Same as any broker. Shares can sell in minutes, it will just take T+2 to get the money at Computershare and then however long for them to wire the money or send you a check.

  21. Is it too late to move out of Robinhood? /s

  22. I can't access the dividend section of their site any longer.

  23. The app also is glitchy af, and the websites deliberately hard to navigate . I just logged in and found it on the live website, it's still showing as a dividend for me. I'll post a screenshot within the hour.

  24. That's what my dividend section looked like too. Then they removed the number of shares, but still said GameStop had a dividend.

  25. Vanguard should probably be marked as inconclusive. I had them show up as a dividend and then that dividend information was removed.

  26. given 99% of brokers won’t event day “dividend” I’ll give this rep the benefit of the doubt lol

  27. Yeah I didn't want to say dividend so they would say it. It is very easy for the rep to say this is just a stock split. But since they said the word dividend, I'd give them the benefit of the doubt.

  28. I'm curious, did you buy those shares via IEX on fidelity? I have a suspicion that IEX bought shares are dividend marked, but any other were treated as a simple split. At least, for fidelity, as they seem to have different answers for different people.

  29. These were actually transferred to Fidelity last week from a different broker. It's just so much easier to DRS from Fidelity.

  30. For those wondering, GameStop is a Tier 1 security.

  31. looks like swapcorn is too, but given the fact that bathroom didn't halt today and is currently up 40% it is probably a Tier 2 security.

  32. 100% correct. BBBY is a Tier 2. It is only on the Russell 2000, not the Russell 1000.

  33. I use three different brokerage. I also do keep my robinhood because my whole theory is that if this pops off what if they are one of the brokerage that does not halt since it caused them basically 7-8mil users. Just a theory though.

  34. This is what happens when you try to DRS before the T+2 settlement. If you purchased shares and tried to DRS the very same day or the next day the same share you purchased, it will be reversed because of the settlement date. You have to wait 2 days. You can check the settlement activity.

  35. You can prevent this by asking them for a forward dated DRS transfer. Always get the tracking number to ensure they actually entered it into the system.

  36. No. But that's just because they would need to file with the SEC and have time for comment before they can just cease all DRS. If DRS is prevented only for GameStop, it means all the shares are gone from the DTC.

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