GME is definitely not the first company to release DRS figures in reports. But it sure is bullish that they started to do it after we started DRSing! š
One of the few metrics that we can trust. With all the opaque āreportingā that exists in finance, these DRS numbers clearly show where retail is putting and keeping their money (for GME, anyway).
And, in a secondary role, it can be viewed as a countdown, or countup if there is such a thing, for all the pricksters who are naked, synthetic, and fake; so they're able to grasp just how Fuckity, FUKT, FUKT,FUKT, they are!
I still think thereās next to no point of even having all the purple circles posts since they report DRS every quarterā¦ the unofficial DRS counter is redundant given that GME elected to report DRS numbers themselves.
This thing has, really against all odds, gathered enough momentum to already stand as a historically relevant marker that will one day help explain the great migration to web3. And while most of us canāt help but to be periodically desensitized to just how precious and rare an event like this is, I think we can also sometimes take for granted how incredibly unique and extraordinary almost each and every component of this is, not least of all the sum of its parts that add up to a once in a hundred year type event.
I'm not saying the data isn't extremely bullish for me. I love the way we have a community sourced calculation that consistently predicts the actual number.
Did other companies also specifially mention their DRS numbers in their earnings calls? I am not 100% sure if i just have the "As of..." sentence with Furlongs voice in my head but i could swear he always said the numbers out loud in the calls.
Ok wasnāt gonna say anything but I used to be a gamer and my best buddy is one! Him and his whole family are gamers and I was with them this past weekend and I heard a discussion about some video game accessory or games so on and so forth and my buddy goes āGameStopā out of nowhere and I start paying attention naturally! He goes man GameStop has it all and is cheaper then competitor mentioned! This was after Black Friday deals I am sure! This my friends is when I knew we all won and will continue to win everyday! Full throttle baby DRs is the way!!!!!!!!
I'm still on the fence about this one. Not trying to say it's one thing or another, but there's a theory that they are communicating with us and saying DRS by releasing the numbers in their filings, but there's also a theory going around saying that it's their fiduciary responsibility to release those numbers when it's a significant amount of shares available to trade.
Yeah +1 for this. They are required by law to disclose materially relevant information to their investors. Now on the other hand I personally think the DRS sentiment among retail is an extremely bullish sign
I mean....DRS ensures long holding. If I had a company that was backed by DRS Apes I'd include the number to inspire more longs to hold. It's to GME's benefit to DRS.
When I made my first CS purchased and then DRS'd some stonks to that account in august '21, I seriously couldn't have imagined the sustained pressure apes would have DRS'ing
I felt like the reason they put DRS in the report the first time was because of the lawsuit/demand or whatever of the guy that went to GS HQ with brand new USB drives asking for a list of all investors or whatever that was last summer. (I forget every detail but you guys remember it).
There is still a very concentrated effort to bury positive DRS sentiment and raise controversial takes, takes from apes who seem particularly smooth, and takes that have hidden negative sentiment or confusion through upvote/downvote brigading so that doesn't surprise me.
Arenāt they legally required to add the DRS information to their 10Qās because itās material information? Ownership on a verifiable platform being over 10%?
They are legally obligated to do so. It became a material matter requiring disclosure when it hit 5 or 10% I havenāt read their stock agreementā¦but I know a thing or two about this.
They know that we know that they know that we know how bad hedgies r fuk, HODL, MOON THOON, and that we can stay regarded all the fucking way to Andromeda with enough bananas and purple circles for all apekind
It's a good point, can you imagine how much more difficult this effort would be if we didn't get a hi-score board every 3 months? I remember before GameStop started adding the DRS number, there was constant FUD that the people reporting DRS circles were fake and it was only a few fools.
How about the DRS amount with its percentage of the float, thatās the moass final countdown ticker for all the hedge hogs to know the ETA of their fucking tsunami
Yeah because itās been explained ad nauseam in great detail and thereās still dingus dummy nutsacks who call it a fantasy. Guess I shouldnāt care as long as you keep buying GME
I wouldn't call that evidence... GS started to report those numbers because tons of apes DRSed. If apes hadn't started to do that on their own, GS probably still wouldnt be reporting it.
GME is definitely not the first company to release DRS figures in reports. But it sure is bullish that they started to do it after we started DRSing! š
One of the few metrics that we can trust. With all the opaque āreportingā that exists in finance, these DRS numbers clearly show where retail is putting and keeping their money (for GME, anyway).
And, in a secondary role, it can be viewed as a countdown, or countup if there is such a thing, for all the pricksters who are naked, synthetic, and fake; so they're able to grasp just how Fuckity, FUKT, FUKT,FUKT, they are!
While OP seemed to make some incorrect assumptions, your comment might be the true āmost bullish thingā.
If this has taught me anything it is if am truly long any stock I should DRS my shares. GME or not. A broker offers no value to a long holder.
š¶ and nothing else matters š¶
It also proves that our Reddit bot / DRS bot counter thing is pretty accurate - therefore a lot of our data we discover can be trusted
Imagine how fast you'd be assasinated for saying this comment on live tv cnbc
Hard facts.
I still think thereās next to no point of even having all the purple circles posts since they report DRS every quarterā¦ the unofficial DRS counter is redundant given that GME elected to report DRS numbers themselves.
When we are all āsellingā but the DRS count goes up. Someoneās lyingā¦.And we know who š
Good point!! šššš
It's true, all GameStop retailers have given up and forgotten about the stock. Have you heard about silver? /s
Maybe theyāve found a way to mark transfer from brokers to computershare as a sale of stock lol
A suit on TV said apes are bored and selling. On to the next thing!
This was the tipping point for me to drs my shares a year ago
This thing has, really against all odds, gathered enough momentum to already stand as a historically relevant marker that will one day help explain the great migration to web3. And while most of us canāt help but to be periodically desensitized to just how precious and rare an event like this is, I think we can also sometimes take for granted how incredibly unique and extraordinary almost each and every component of this is, not least of all the sum of its parts that add up to a once in a hundred year type event.
Absolutely
Same
Book or plan?
Heās not wrong
Heās far from incorrect
Heās wrong that they are the first to do it. Rare, but not first.
Heās in accordance with widely recognizable facts
true š§
TL;DRS
I mentioned thatā¦ actually
I mentioned it as well in that thread exactly 11 days ago.. only got 3 upvotes lmao :(
My apologies. Even still, it shouldāve been upvoted to the top.
Source
Agreed, but is it truly / verifiably the first time it's been done?
No source but first for a company of this size. Most of the others were small or even mostly family owned companies
I'm not saying the data isn't extremely bullish for me. I love the way we have a community sourced calculation that consistently predicts the actual number.
Which other companies have mentioned DRS numbers in their public disclosures?
I read that somewhere too (requirement after a certain percentage)
0 source or reference. Similar to 'according to people familiar with the matter'
Did other companies also specifially mention their DRS numbers in their earnings calls? I am not 100% sure if i just have the "As of..." sentence with Furlongs voice in my head but i could swear he always said the numbers out loud in the calls.
Ok wasnāt gonna say anything but I used to be a gamer and my best buddy is one! Him and his whole family are gamers and I was with them this past weekend and I heard a discussion about some video game accessory or games so on and so forth and my buddy goes āGameStopā out of nowhere and I start paying attention naturally! He goes man GameStop has it all and is cheaper then competitor mentioned! This was after Black Friday deals I am sure! This my friends is when I knew we all won and will continue to win everyday! Full throttle baby DRs is the way!!!!!!!!
Got a secret santa wishlist with my family/cousins
DRS for the win
I'm still on the fence about this one. Not trying to say it's one thing or another, but there's a theory that they are communicating with us and saying DRS by releasing the numbers in their filings, but there's also a theory going around saying that it's their fiduciary responsibility to release those numbers when it's a significant amount of shares available to trade.
This is the kinda stuff I encourage.
As an accountant, the DRS numbers represent material information requiring disclosure. Thats why they include that information.
Yeah +1 for this. They are required by law to disclose materially relevant information to their investors. Now on the other hand I personally think the DRS sentiment among retail is an extremely bullish sign
Could you dumb that down a notch for me?
Why GME?
I mean....DRS ensures long holding. If I had a company that was backed by DRS Apes I'd include the number to inspire more longs to hold. It's to GME's benefit to DRS.
There was a time we were guessing and no one knew if it was successful or not
When I made my first CS purchased and then DRS'd some stonks to that account in august '21, I seriously couldn't have imagined the sustained pressure apes would have DRS'ing
No, the most bullish thing is that there are enough bullish things to make a thread out of all of them and still miss stuff.
The official number growing quarterly also puts the media nonsense about rEtAiL sElLing to rest.
Those DRs numbers has made me a trusting person. I trust that you poo heads arenāt selling.
Iāve been doing the Opposite slowly, this is the grind part of the game
This has simply been one long countdown to MOASS. We just need to be vigil and stay the course!
That information is materially important to investors thus has to be disclosed.
I felt like the reason they put DRS in the report the first time was because of the lawsuit/demand or whatever of the guy that went to GS HQ with brand new USB drives asking for a list of all investors or whatever that was last summer. (I forget every detail but you guys remember it).
You talking about Jason fucking waterfalls? š¤
There is still a very concentrated effort to bury positive DRS sentiment and raise controversial takes, takes from apes who seem particularly smooth, and takes that have hidden negative sentiment or confusion through upvote/downvote brigading so that doesn't surprise me.
Absolutely, Absolutely.
I DRSd my first shares the next day after they added it to the earnings report.
itās like when the teacher drops a pop quiz and you forget the most obvious answer š¤¦āāļø
People have mentioned the drs numbers being addedd, multiple times.
Itās the only metric that really matters because itās the only one that changes the game.
It's not the only one, there are other companies that announce their DRS numbers quarterly.
Cone Poo Tear Chair
Donāt forget to shop
Comp - poo - chair ... that was all the confirmation I needed. That and the recent "want to be book king" by RC.
They say we moved on. DRS figures show we haven't and proves they are lying.
Arenāt they legally required to add the DRS information to their 10Qās because itās material information? Ownership on a verifiable platform being over 10%?
They are legally obligated to do so. It became a material matter requiring disclosure when it hit 5 or 10% I havenāt read their stock agreementā¦but I know a thing or two about this.
Did you receive a margin call for your options exercise? You didnāt have the cash needed to fully cover the exercise, right?
šš§āšš«š©āš
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Could you dumb this down a notch for me please?
My favorite.
You are goddamn right
I came, I saw and I š¦
Idk why some are thinking itās okay to correlate GameStop with Pearl Harbor ā¦ I get it but š ..
Good reminder
Hell yes that is definitely super bullishšš
For me DRS numbers give me a since of community commitment to HOLDING to astronomically high value. The value I believe is worth my money.
Heās right!!!!!
Not evidence. Confirmation.
Plot twist.. they donāt announce it this report š®āšØ
HA! I DID! GIT GUD SON!
Thatās because itās old news. The newness has worn off lol.
They know that we know that they know that we know how bad hedgies r fuk, HODL, MOON THOON, and that we can stay regarded all the fucking way to Andromeda with enough bananas and purple circles for all apekind
It's a good point, can you imagine how much more difficult this effort would be if we didn't get a hi-score board every 3 months? I remember before GameStop started adding the DRS number, there was constant FUD that the people reporting DRS circles were fake and it was only a few fools.
Itās absolutely concrete evidence! And the popcorn CEO recently started adding DRS numbers to their 10Q.
The only real number in this unholy clusterfuck:
To me the DRS number disclosure is realistically aligned with the proportions of shareholders.
The whole truth
Bullish this is
GME OFFICIAL DRS NUMBERS IS THE ONLY THING THAT MATTERS TO ME IN THIS SAGA
Interestingā¦
Wrong he isnāt
It's a Common thing ?
All I know is, next earnings report (Q4 2022), we will be over 100 milly DRS shares and thatās pretty neat.
DRS is the way! š¦šš¦
I love that, GME DRS counts are indeed the only thing I trust, definitely way more then some macroeconomic bullshit
Because it is materially relevant to new investors. Saves them from being sued. That's literally it. No tin foil needed.
How about the DRS amount with its percentage of the float, thatās the moass final countdown ticker for all the hedge hogs to know the ETA of their fucking tsunami
The most bullish. My poor nipples can only take so much š
I read the post title in Doug Demuro's voice
2nd thing ā¦.. family offices wut doing??? I was just lamenting how many there r & how they get a pass on reporting š¤¦š»āāļøš
"Dat-dah Dat-dah Dat-dah...
Did we ever get a feedback on wether they did it because it was in any way a legal obligation?
Not yet. I am very curious and might make another post requesting some evidence on why they did it.
The reduction of SGA expenses and NFT marketplace made me happy.
This is the way
An ape was suing them to get the info. I think they released it to fend off the lawsuit. Still bullish, though.
No not at all. That shit was thrown out easily and they told him if he continued, he would be responsible for legal costs.
You guys are like robots stuck in a loop with this DRS fantasy. Guess I shouldn't care as long as you keep buying GME
Yeah because itās been explained ad nauseam in great detail and thereās still dingus dummy nutsacks who call it a fantasy. Guess I shouldnāt care as long as you keep buying GME
I wouldn't call that evidence... GS started to report those numbers because tons of apes DRSed. If apes hadn't started to do that on their own, GS probably still wouldnt be reporting it.
I will tell you the real most bullish reason for the ādiamond handsā.
They've had the DRS numbers on their fillings for a while now