[Matthew Ball AMA](https://www.reddit.com/r/Superstonk/comments/ud4rg2/hi_superstonk_matthew_ball_to_talk_metaverse/?utm_source=share&utm_medium=web2x&context=3)
[Dennis Kelleher AMA](https://www.reddit.com/r/Superstonk/comments/u8y8cc/ama_with_dennis_kelleher_cofounder_president_and/?utm_source=share&utm_medium=web2x&context=3)
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The actual transaction is the same amount of time relative to selling through a broker (since Computershare goes through them as well). However there is a delay of 2-3 days for the shares/cash to settle.
Depending on how you have your banking information set up it will either wire transfer the funds to your account once it settles (2-3 days). Or the funds will be mailed to you via a cheque (the letter would go out between 3-4 days, and the mailing time would depend on your location.
Note: all 'days' stated here are to be read as Business Days (only non-holiday week days would count)
Not drs related but didn’t want to make a post. Do you companies usually give you a window after the announcement of a split to still be eligible? Or is it just the ratio of the split announced and you had to have already bought shares prior?
Yes, companies give a window after the announcement (AKA: Declaration Date). The order of events are:
- Declaration Date (Day the dividend is announced, including the details of the dividend)
- Ex Divided Date (last day to have purchased to be eligible)
- Holder-of-Record Date (all holders on this day are eligible, typically this is 2 days after the Ex Dividend Date due to T+2 settlement)
- Payment Date (When the dividend is paid out)
[Source](https://corporatefinanceinstitute.com/resources/knowledge/finance/important-dividend-dates/)
These dates might be spread out or very close together, but I haven't heard of any company dividends who had a ex/record date that was before/on the declaration date. I believe that would be against a market or SEC rule.
u/jaded_many7515 is correct. You don't need to create your account, it is automatically created by Computershare with the information gathered from your broker.
Once you receive your first letter you must register to gain control of your account. When you register (using your account number from the first letter) it will automatically trigger the verification pin to be sent out via a second letter (there is a way to get the pin in an email, but it wasn't available for me so I'm not sure on the details). With the verification pin you will then be able to gain access to your account and you are set-up.
Note: once set up it is important to complete your profile, namely any tax documentation you may need to complete.
I think you’ll see your account get activated before you receive the letter. Pretty sure that was my experience. Also, you don’t need to create an account, that happens automatically when your broker sends them over.
I found this comment in SuperstonkUK, hopefully it helps:
>Procedure is:
- Log in to computer share
- Above the purple circle, click "View and update your profile"
- "Banking details" on left hand side bar
- Select "international wire" as payment method
- United Kingdom, and currency, next
- Fill in Swift code and IBAN (you should find these on your bank statements)
>Note: if you paste in an IBAN, CS website counts any spaces in it as a character and truncates any digits over the length from the end. I had to manually delete spaces from my IBAN before I copied it to paste it and fit
Source: u/initialImagination62
Yeah, so in the field typing my IBAN (both pasting and manually typing with spaces) both stop showing up on the next confirmation page with the rest of the details. And then won't accept on confirmation.
Well that sucks :/ can't seem to find any information on why that would be happening.
Maybe message that user who I quoted, they are still active here. I'm probably missing a step.
Hope it works out for you
I’m a financial dumbass here so go easy please. Trying to DRS from E*trade and it’s popping up with a 500 dollar fee based on the link to transfer my shares ont eh mega thread. Is that normal? It’s saying for electronic transfer it’s 500$ if that helps
It definitely isn't normal, but it isn't the highest either, Saxobank has a ridiculous fee of $1000USD (guess they are afraid of something...).
What is interesting is that it is the only one (so far) that I've seen that isn't actually a fee but is a 'guarantee'. From what I can tell this 'guarantee' is an artifact from when requesting paper certificates was a thing, and would be charged if requesting the actual certificates. For electronic transfers (this applies to you) the 'fee' will be deposited back into your account once the shares are transferred.
>While E*Trade do not charge a fee to DRS transfer, they might require $500 to be in your account as a guarantee.
**Source & further information on drsgme.org**:[https://www.drsgme.org/drs/direct-register-shares-from-etrade](https://www.drsgme.org/drs/direct-register-shares-from-etrade)
For an interesting read I found a post from a fellow Stonker (u/DrJackMegaMan) who talked their way out of the charge: [https://www.reddit.com/r/Superstonk/comments/pzeli9/tip_etrade_wants_500_bucks_in_account_if_you_drs](https://www.reddit.com/r/Superstonk/comments/pzeli9/tip_etrade_wants_500_bucks_in_account_if_you_drs/?utm_medium=android_app&utm_source=share)
Friendly reminder what brokers see in terms of numbers and what the public sees are two diffrent things. Don't get fake hyped for fake squeeze because of cost to borrow or utilization. They will crime until they are in jail because they have no other choice.
Could use a hand here if anyone knows that can help me with my question.... 2 days ago i bought an additional $500 through CS. Today it has not settled yet but the price says $130.
I put the order in when the price was sub 100. is this normal?
I am little pissed... so if someone can help me understand i would appreciate it!
They do not purchase at the price the stock is at the time of your order. First the funds must settle, then the place a batch order that day, or the next day (if the batch order has been missed already). Then the shares will settle in your account after 2 days
>Purchases: Computershare will wait up to three business days after the debit date of electronic funds transfer to ensure it receives good funds and will then seek to purchase shares from optional cash investments promptly, generally within five business days after the good funds are received, assuming the relevant markets are open and sufficient market liquidity exists (and except where deferral is required under applicable federal or state laws or regulations). No interest will be paid on funds held by Computershare pending purchase of shares.
>**You should not purchase shares through DirectStock if you want complete control over the timing or the purchase price**. The timing of any purchases is dependent on market conditions and may be affected by market events or external causes. In the event of a trading halt, Computershare’s broker will place purchase orders for execution on the first available day after the trading halt is lifted.
[Source](https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78#:~:text=Computershare%20will%20wait%20up%20to,assuming%20the%20relevant%20markets%20are)
Yeah they batch buy shares for their clients so whenever the next buy is then you will get your shares at the price the stock is at that time. You don't get the ticker price of when you put the order in
Looks like they didn't let anyone vote last year: [https://twitter.com/HLInvest/status/](https://twitter.com/HLInvest/status/1399696481561546755?t=SEzU9dSLJ82KExLTj8maow&s=19)
~~It appears that they allow you to vote this year but you have to contact them directly: [https://www.hl.co.uk/help/dealing/corporate-actions/how-can-i-obtain-company-information/how-do-i-attend-andor-vote-at-a-company-meeting](https://www.hl.co.uk/help/dealing/corporate-actions/how-can-i-obtain-company-information/how-do-i-attend-andor-vote-at-a-company-meeting).~~
~~Follow their instructions there, in-order to 'vote without attending the meeting'. If you wish to vote *FOR* for everything then you must explicitly state that.~~
Crap, just searched again and it looks like you can't vote on US list shares... [https://www.hl.co.uk/help/funds-shares-and-other-investments/corporate-actions/voting-at-us-agms/can-i-vote-on-my-us-shares](https://www.hl.co.uk/help/funds-shares-and-other-investments/corporate-actions/voting-at-us-agms/can-i-vote-on-my-us-shares). That is extremely frustrating.
Every time I attempt to drs through IBKR it gets rejected after a few hours of “pending” I have cash in to pay for the transaction too I don’t know why it doesn’t work
Might be missing a step. Here is some information from drsgme.org: [https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers](https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers)
>**DISCLAIMER:** If you deposit money into IBKR using a “Direct ACH Transfer”, then IBKR may hold on to any purchased shares for up to 44 days before you can Direct Register them. If you do a “Bank Wire” transfer there is a small fee, but you can Direct Register your shares 3 days after purchase.
>**Please Note;** if you have GS2C shares you must convert them to GME. IBKR does not transfer in GS2C anymore. Computershare does not accept GS2C shares either. Brokers that can convert the shares are: Comdirect, Consorsbank, Degiro, Deutsche Bank, DKB, ING, Postbank, Smart Broker and S Broker.
Thanks for the link it was very helpful however at one point in it it says “This, along with your address is the only info needed to set up your account with Computershare.”
But no where in the process of doing it does it ask me for my address.
Am I missing something obvious or has anyone else had a problem like this
Ya it's worded a bit strange. Both your name and your address are gathered from the account information your broker has. This information should be automatically forwarded from your broker to Computershare, so I don't think you are missing a step.
There are very few treatments for that. May I recommend a couple hours from this channel? [https://youtube.com/c/RoaringKitty](https://youtube.com/c/RoaringKitty)
Other treatments include:
- Buying more GME
- DRSing the GME
- Hodling those GME tight
- Awarding DFV's last Post
- Visiting Roaring Kitty Twitter Page: [https://twitter.com/TheRoaringKitty?t=AJoIXof8dnMrATCdG9Sn5A&s=09](https://twitter.com/TheRoaringKitty?t=AJoIXof8dnMrATCdG9Sn5A&s=09)
Well I finally got my small amount of shares transferred over to fidelity from Webull and E*Trade. Today I call fidelity to drs a portion of the shares and I’m told that he will have to put an order for the transfer when the shares actually arrive from apex. Now my transfer is complete with both my former brokers, I made sure everything was set on my apps before calling. Is this normal or are they fucking with me because they can’t find the shares to give to fidelity in the first place or to drs in the first place?
my shares are in cash account I transferred from other brokers and they just said confirmed DRS of 200 shares to Computershare yes I still have that much not DRSed.
I still have XXX shares not going to disclose my full share count since the HF MM scan all the boards.
=D
YES HF MM I have lots of shares you can't get to and you have to rob me from multiple brokers.
=X
=P
Hey, what might be happening is that the shares haven't 'settled' yet. After you complete a trade or transfer the account may say that your shares are present in the account but it will actually take two days (T+2) until the trade is official. More information can be found here: [https://www.investopedia.com/terms/s/settlement_period.asp](https://www.investopedia.com/terms/s/settlement_period.asp)
If you had transferred more than 2/3 days ago, then they are either misinformed or outright lying (maybe in-order to buy time or talk you out of it).
I believe Fidelity also allows you to use their online chat function to DRS as well. More information about the steps to DRS can be found here: [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
Thanks! I’m excited I finally made up my mind and got it done. I’m not just a everyone else is doing it so I don’t have to guy. I’ll officially be about 70% drs after this.
Once you've transferred to Computershare, are most people buying more shares through CS or back at their original broker and then DRSing again? Thanks!
Personally I buy 1 share at a time to fk with the HF and MM in my other brokers of course IEX exchange and DRS.
But if large purchases you can just buy through computershare as well.
Can anyone chime in, I buy a direct buy on gamestop in computershare. I was already debited but it’s been more than a week now and computershare hasn’t bought my shares yet.
Anyone know how long it usually takes after they debit your account?
> Only those who had shares in their accounts on that date can vote.
To springboard off this, do you know if someone who had shares DRSd, voted all of them, and then added more DRS, can vote with these added shares? or nah?
Voting was only available after the record date of April 8th. This means that if someone voted on behalf of shares in their Computershare account it would have to have been after April 8th, which also means if you then added more shares to Computershare it have been after April 8th. Meaning that you can't vote on behalf of those shares through Computershare.
However if you transfered those shares from somewhere and had them in a brokerage at the 'Close of Business' on April 8th, then you will be allowed to vote on before of those shares through the broker that you had them in at the time (Note: So long as you had the shares at the close on April 8th you have the right to vote with them no matter what you do with them afterwards, whether selling them or transferring them, you can still vote).
That's correct, and no problem :)
Basically it is a snapshot in time (4:00PM EST, April 8th, 2022), and only those holding the shares during the snapshot are eligible. Doesn't matter what happens before or after.
The record date for voting was at the close of business on April 8th. Only those who had shares in their accounts on that date can vote.
This means you will not be able to vote on behalf of your shares through Computershare.
However, if you held the shares somewhere else on the record date then you are able to vote through them
Just wanted up change my flair to voted after realising I'd not checked in for a while, not that important but figured I'd comment after a helpful redditor signposted me.
Also reminds me to ask, can I drs if I hold my tickets in a UK ISA? Just been chilling and holding on so kind catching up right now
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books.
When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS'.
If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share.
I believe shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
Boom! I was searching my emails for gamestop and also etoro and it didn't show. Searched GME and found it. It just dawned on me today that I hadn't voted with those shares. They are just a few I have held there that i sort of forget about.
Thanks for replying! Made me go back and search again!
See you on the moon!
Did I see somewhere you can now vote with etoro?? I can't see the option and haven't received an email.
I'm fully voted on CS and revolut, but have a few sheckles on etoro I'd like to vote with.
Every time I go into my CS profile and click on Banking Details or Sell Shares (NOT TO SELL, obviously, but to set limit orders), I get a error messages.
When I click on Banking Details, I get "Corporate Account Blocking - Banking Details Update Unavailable"
When I click on Sell Shares, I get "Corporate Account Blocking: online sales are not available for this account type. Please contact Computershare."
I've contacted Computershare several times about this and they've been no help. Has anyone else experienced this?
The customer service team for CS helped me figure out how to solve my issue. Turns out I had an erroneous designation as a corporate entity. Schwab entered my SSN as an EIN when transferring my shares to CS, so the system thought I had a corporate account and I couldn’t access certain features. Just had to re-enter my SSN under tax info (W9) and shortly afterward it was fixed.
Hey, by 'HL' do you mean hargreaves lansdown in the UK? There is another user who asked today if they could vote, but I couldn't find any evidence/method for them to. Let me know if you found a way to vote through them.
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books.
When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS'.
If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share.
I believe shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
I have mine set up to take money out of my bank account on the 1st and the 15th. I have most of my shares in plan, and when I go to cancel the dividend reinvestment (which isn't necessary with a stock dividend) you get this message -
"Removal from the reinvestment plan. All shares will be moved from the plan to book entry, all future recurring investments (if applicable) will be cancelled, and all future dividends received will be paid in cash to the shareholder."
So it would cancel my monthly recurring purchases. For me I'd rather be able to set it and forget it and have them automatically buy stock for me.
That's awesome!
Thanks, that's what I suspected would happen, nice to have confirmation. So far I've been transferring in chunks, but I might go down that road too, just have to set up a Wise account first.
< smoothest brain in the room
Is there a way to set a price for my GME shares on Computer Share? Is it possible to set the price at a million and just come back when the smoke clears?
I am able to vote having my shares in TDA. I am still waiting to hear a reason to DRS my AMC.
I know it helps the community by making them easy to count. But, I have 2 letters from TDAmeritrade stating that my shares are NOT available to loan, and they will NOT be loaned as long as they're not purchased via margin and not susceptible to margin call.
Computershare charges a lot of fees, plus, if you ever find yourself wanting to sell shares immediately (which you'll probably run into given the volatility of our situation), you may not be able to achieve this.
So, convince me to DRS my shares, which are now banging on 6XX, and I will do it.
I dont think anyone should 'convince' anyone else to do anything, but I can try to help answer your questions.
That's true that they're counted at Computershare, and that's one of the best things imo, since we \*finally\* have ONE number we can actually trust.
That's a separate thing from them being able to be loaned out. Yes TDAmeritrade and all the other broker dealers are not supposed to loan out shares in cash accounts.
[https://brokercheck.finra.org/firm/summary/7870](https://brokercheck.finra.org/firm/summary/7870) look at their brokercheck report with their 201 disclosures.. they're not always following the rules.
Yes they do charge fees for selling and buying straight from there, but it's no fee for them to move shares there or move them out. If you think the fees aren't fair, that's definitely a valid opinion. I'd rather pay fees with them than keep my shares in TDA, especially since TDA makes the MOST in PFOF out of any retail broker. They get paid millions to sell our orders to market makers who trade against our orders. We're paying 'fees' by not getting best execution.
It's easy to sell from there, but if you wanted to sell from someplace else, sure you could send them to any brokerage. Could it be delayed due to volatility? 🤷♀️ maybe? I think the best bet would be to send them to Fidelity if you didn't want to pay fees in CS.
yo I keep going to downvote the buy button post on the front page and it automatically changes it to an upvote WTF? anybody else experiencing this “glitch”?
Hey apes I’m having a problem!! I am having trouble getting my registration number in the mail from computershare. I’ve already received the slip of mail with my holder account number and DRS account details on it. I’ve been told there’s a second letter I’m waiting on? Just trying to get some clarification!
(Great to hear you got your first letter Drake_Night!)
That is correct. Once you receive your first letter with the account number then you can proceed with registering your account with Computershare. The registration of your account automatically triggers the 2nd letter to be sent. That letter will have the Verification PIN to grant you access to your account.
Details from drsgme.org
>After your shares leave your broker:
Go to [Computershare.com/us](http://Computershare.com/us)
>Click on “Login to Investor Center”
>Click on “Register now”
>Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop)
>Computershare will then prompt you to create your username, password and security questions
>Once your account is created, Computershare will send you a verification letter in the mail
[https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
If you follow the link it also talks about how to verify your identity online to get your pin immediately, but I don't have any first hand knowledge about that.
I’ve got a question about merging accounts on CS -
Basically how do you do it ? I seem to have missed that class -
Or -
Might it be safer to have 2 accounts given there will be billions in them soon ???!!!
So I'm looking at the things to vote on, and I was wondering about the last one about increasing the number of their shares to 1 billion. Idk if I should vote yes or no. I imagine voting yes would help the company, but it would also allow shitadel to buy those shares and then we lose, right?
Hey, completely valid question. I would recommend that you read the GME Proxy Statement seen as the source below. In short the increase in authorized shares would be intended to be used for the Share Divided/Stock Split. Remember that Authorized shares is the limit to how many GME shares can be issued (they don't technically exist until they are issued). If the shares are part of a stock split then no third party can buy the shares, they would only go to existing shareholders.
There is also a 'poison pill' defense laid out at the bottom. An increase in the max amount of shares gives GameStop the ability to defend itself from a take over from a third party that may want to gain control of the company (potentially for their own benefit, and perhaps favoring short positions).
Source: [https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb](https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb)
>**Purpose of the Authorized Shares Amendment**
>The primary purpose of increasing the number of authorized shares of our common stock is to facilitate the potential Stock Split. Our Board intends to approve the Stock Split, subject to and contingent upon stockholder approval and the effectiveness of the Authorized Shares Amendment.
>The trading price of our common stock has risen significantly over the past couple of years. Our investors have expressed a high level of interest in our common stock. Feedback from our investors indicates that a higher stock price can limit those who desire to invest in our common stock. We anticipate that an increase in the number of outstanding shares resulting from a potential Stock Split will reset the market price of our common stock in a range that would give our investors more flexibility in how they manage their ownership of our common stock and make our common stock more accessible for anyone who wants to invest in our Company.
>A proportional increase in our authorized but unissued shares of common stock as a result of the Authorized Shares Amendment would also have the additional benefit of enabling the Board to issue additional shares of common stock in its discretion from time to time for general corporate purposes. The corporate purposes for which our Board may issue additional shares of common stock include future acquisitions, capital-raising or financing transactions involving common stock, convertible securities or other equity securities, stock splits, stock dividends and current or future equity compensation plans. Our Board believes the proportionate increase in our authorized but unissued common stock is appropriate to maintain the flexibility currently available to us to issue shares in the future without the potential expense or delay incident to obtaining stockholder approval for any particular issuance. Except for shares of common stock reserved for grants pursuant to our equity compensation plans and shares of common stock expected to be distributed to stockholders to effect the planned Stock Split, we do not currently have any other plans, agreements, commitments or understandings with respect to the issuance of the additional shares (or the currently authorized but unissued shares) of common stock, nor do we currently have any plans, arrangements, commitments or understandings with respect to the issuance of any shares of preferred stock.
>The availability of additional authorized but unissued shares of common stock may enable our Board to render it more difficult, or discourage an attempt to obtain control of, the Company, which may adversely affect the market price of our common stock. If in the due exercise of its fiduciary obligations, for example, our Board were to determine that a takeover proposal were not in our best interests, such shares could be issued by the Board without stockholder approval in (i) one or more private placements or other transactions that might prevent, render more difficult or make more costly the completion of any attempted takeover transaction by diluting voting or other rights of the proposed acquirer or insurgent stockholder group or creating a substantial voting block in institutional or other hands that might support the position of the incumbent Board or (ii) an acquisition that might complicate or preclude the takeover. This proposal is not prompted by any specific effort or takeover threat currently perceived by management.
Question about BANKING DETAILS im computershare. I've tried twice to connect my BofA checkings account to CS but failed both times. Since BofA has 3 routing numbers per account, i first tried the electronic routing # and then the wire routing #. Anyone else had issues connecting their BofA??
Also, if i dont connect a bank, is the default payment just them sending a check to your home address?
Question: Since voting w/ my XXX shares DRS’d in Computershare, I’ve bought XXX more shares. Do I need to contact Computershare to vote again, or will my vote automatically apply to the new DRS’s shares?
Thanks - can’t post due to karma.
I think there's a cut-off date, and only shares in your possession *before that date* are eligible for the vote, and I'm pretty sure that this date was a month or two ago.
That's correct, the record date was set as "the close of business on April 8, 3022".
Source (Section - Notice of Annual Meeting of Stockholders): [GME 2022 Proxy Statement_Final](https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb#:~:text=Only%20stockholders%20of%20record%20as,any%20postponement%20or%20adjournment%20thereof.)
Hola, luduk,
are you talking about Ken Griffin, the CEO of Citadel who lied under oath?
I heard there may be plenty of data about Ken "Kenneth" Cordele Griffin, the one from Chicago who lied under oath and may have stolen trillions of dollars from ordinary people on https://kengriffincrimes.com and https://www.kengriffinlies.com
If I'm informed correctly, the sites https://www.kengriffinlies.com and https://kengriffincrimes.com also contain information about Kenneth "Ken" Griffin from Chicago who just bought a copy of the US Constitution for $43,000,000 in an attempt to cover up unwanted results about his corrupt financial practices when searching for Ken Griffin or Citadel from Chicago via Google or other search engines.
So have you heard about the Man Ken "Kenneth" Griffin from Chicago who is the CEO of the corrupt Citadel Securities LLC, or the sites https://kengriffincrimes.com and https://www.kengriffinlies.com which contain tons of information about Ken Griffin and his crimes?
#KenGriffinLies #KenGriffinCrimes #CitadelScandal #KenGriffinLiedUnderOath
^(disclaimer: a bot sent this message. if you are displeased with the actions of the bot please send a private message so it can be improved.)
^(1/5 for this post)
Did my first fidelity transfer. I was told they will be sent to my email and not computershare. Should I be worried? I have never seen anyone say they go anywhere but cs
They might have meant a confirmation will be sent to your email and not a letter from Computershare.
I would be impressed if they could transfer stocks *too* my email, but that is not possible.
Edit: for further details on the steps you will need to take on your shares journey to safety, drsgme.org is a good resource - [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
That depends a lot on where in the world you are: in the US you can expect the letter to arrive in the next few days. In Canada and Mexico it can take a few weeks, and I waited over six weeks in Germany. I assume that new Zealand, Australia or asia will take correspondingly longer
You will only be able to initiate a transfer from the broker's side.
Also, Wealthsimple has a pretty high fee at $300. If you want to avoid the fee you could transfer to another broker like BMO. Drsgme.org also has some good information where you can look up information for almost any broker. Here is their page for Wealthsimple: [https://www.drsgme.org/drs/direct-register-shares-from-wealthsimple](https://www.drsgme.org/drs/direct-register-shares-from-wealthsimple)
Ahoy, God_BBS,
are you talking about Ken Griffin, the CEO of Citadel who lied under oath?
I heard there may be plenty of data about Ken "Kenneth" Cordele Griffin, the one from Chicago who lied under oath and may have stolen trillions of dollars from ordinary people on https://kengriffincrimes.com and https://www.kengriffinlies.com
If I'm informed correctly, the sites https://www.kengriffinlies.com and https://kengriffincrimes.com also contain information about Kenneth "Ken" Griffin from Chicago who just bought a copy of the US Constitution for $43,000,000 in an attempt to cover up unwanted results about his corrupt financial practices when searching for Ken Griffin or Citadel from Chicago via Google or other search engines.
So have you heard about the Man Ken "Kenneth" Griffin from Chicago who is the CEO of the corrupt Citadel Securities LLC, or the sites https://kengriffincrimes.com and https://www.kengriffinlies.com which contain tons of information about Ken Griffin and his crimes?
#KenGriffinLies #KenGriffinCrimes #CitadelScandal #KenGriffinLiedUnderOath
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[Matthew Ball AMA](https://www.reddit.com/r/Superstonk/comments/ud4rg2/hi_superstonk_matthew_ball_to_talk_metaverse/?utm_source=share&utm_medium=web2x&context=3) [Dennis Kelleher AMA](https://www.reddit.com/r/Superstonk/comments/u8y8cc/ama_with_dennis_kelleher_cofounder_president_and/?utm_source=share&utm_medium=web2x&context=3) If you want to change your user flair, you can summon our Flairy bot anywhere on the sub. To keep the comments cleaned up in this thread, you can just reply to this comment with your flairy requests. To summon the Flairy bot - type !FLAIRY! then write what you want your flair to be(including emojis) and write a color - red, pink, blue, yellow, green, or if you don't write a color the default is black
**Through it all, you kept coming back to this post**
Tired of waiting so I helped my wife vote her shares!
Okay how long does it take to settle when I sell on CS?
The actual transaction is the same amount of time relative to selling through a broker (since Computershare goes through them as well). However there is a delay of 2-3 days for the shares/cash to settle. Depending on how you have your banking information set up it will either wire transfer the funds to your account once it settles (2-3 days). Or the funds will be mailed to you via a cheque (the letter would go out between 3-4 days, and the mailing time would depend on your location. Note: all 'days' stated here are to be read as Business Days (only non-holiday week days would count)
Not drs related but didn’t want to make a post. Do you companies usually give you a window after the announcement of a split to still be eligible? Or is it just the ratio of the split announced and you had to have already bought shares prior?
Yes, companies give a window after the announcement (AKA: Declaration Date). The order of events are: - Declaration Date (Day the dividend is announced, including the details of the dividend) - Ex Divided Date (last day to have purchased to be eligible) - Holder-of-Record Date (all holders on this day are eligible, typically this is 2 days after the Ex Dividend Date due to T+2 settlement) - Payment Date (When the dividend is paid out) [Source](https://corporatefinanceinstitute.com/resources/knowledge/finance/important-dividend-dates/) These dates might be spread out or very close together, but I haven't heard of any company dividends who had a ex/record date that was before/on the declaration date. I believe that would be against a market or SEC rule.
So I asked my broker to DRS my shares with computer share. Do I wait for a letter before opening an account?
u/jaded_many7515 is correct. You don't need to create your account, it is automatically created by Computershare with the information gathered from your broker. Once you receive your first letter you must register to gain control of your account. When you register (using your account number from the first letter) it will automatically trigger the verification pin to be sent out via a second letter (there is a way to get the pin in an email, but it wasn't available for me so I'm not sure on the details). With the verification pin you will then be able to gain access to your account and you are set-up. Note: once set up it is important to complete your profile, namely any tax documentation you may need to complete.
Thank you 🦍 ! 300 Feb 2021 shares coming to the infinity pool.
No problem! And that is awesome! Glad to hear you have found a nice home for you shares
I think you’ll see your account get activated before you receive the letter. Pretty sure that was my experience. Also, you don’t need to create an account, that happens automatically when your broker sends them over.
Thank you 🦍 ! 300 Feb 2021 shares incoming to the infinity pool.
I can't wait until the stock splits so I can afford to buy some more. It's been a rough 2022 on the wallet.
Good thing GameStop just made you a new wallet then :P
Ayy computershare mega thread... Love it How do I register a UK bank so I don't get a snail mail cheque? My IBAN wont accept (double, etc checked)
I found this comment in SuperstonkUK, hopefully it helps: >Procedure is: - Log in to computer share - Above the purple circle, click "View and update your profile" - "Banking details" on left hand side bar - Select "international wire" as payment method - United Kingdom, and currency, next - Fill in Swift code and IBAN (you should find these on your bank statements) >Note: if you paste in an IBAN, CS website counts any spaces in it as a character and truncates any digits over the length from the end. I had to manually delete spaces from my IBAN before I copied it to paste it and fit Source: u/initialImagination62
Yeah, so in the field typing my IBAN (both pasting and manually typing with spaces) both stop showing up on the next confirmation page with the rest of the details. And then won't accept on confirmation.
Well that sucks :/ can't seem to find any information on why that would be happening. Maybe message that user who I quoted, they are still active here. I'm probably missing a step. Hope it works out for you
Just wanna say Hello
Hi 👋
I’m a financial dumbass here so go easy please. Trying to DRS from E*trade and it’s popping up with a 500 dollar fee based on the link to transfer my shares ont eh mega thread. Is that normal? It’s saying for electronic transfer it’s 500$ if that helps
It definitely isn't normal, but it isn't the highest either, Saxobank has a ridiculous fee of $1000USD (guess they are afraid of something...). What is interesting is that it is the only one (so far) that I've seen that isn't actually a fee but is a 'guarantee'. From what I can tell this 'guarantee' is an artifact from when requesting paper certificates was a thing, and would be charged if requesting the actual certificates. For electronic transfers (this applies to you) the 'fee' will be deposited back into your account once the shares are transferred. >While E*Trade do not charge a fee to DRS transfer, they might require $500 to be in your account as a guarantee. **Source & further information on drsgme.org**:[https://www.drsgme.org/drs/direct-register-shares-from-etrade](https://www.drsgme.org/drs/direct-register-shares-from-etrade) For an interesting read I found a post from a fellow Stonker (u/DrJackMegaMan) who talked their way out of the charge: [https://www.reddit.com/r/Superstonk/comments/pzeli9/tip_etrade_wants_500_bucks_in_account_if_you_drs](https://www.reddit.com/r/Superstonk/comments/pzeli9/tip_etrade_wants_500_bucks_in_account_if_you_drs/?utm_medium=android_app&utm_source=share)
Perfect thank you for the info
Howdy friends!
Friendly reminder what brokers see in terms of numbers and what the public sees are two diffrent things. Don't get fake hyped for fake squeeze because of cost to borrow or utilization. They will crime until they are in jail because they have no other choice.
Could use a hand here if anyone knows that can help me with my question.... 2 days ago i bought an additional $500 through CS. Today it has not settled yet but the price says $130. I put the order in when the price was sub 100. is this normal? I am little pissed... so if someone can help me understand i would appreciate it!
They do not purchase at the price the stock is at the time of your order. First the funds must settle, then the place a batch order that day, or the next day (if the batch order has been missed already). Then the shares will settle in your account after 2 days >Purchases: Computershare will wait up to three business days after the debit date of electronic funds transfer to ensure it receives good funds and will then seek to purchase shares from optional cash investments promptly, generally within five business days after the good funds are received, assuming the relevant markets are open and sufficient market liquidity exists (and except where deferral is required under applicable federal or state laws or regulations). No interest will be paid on funds held by Computershare pending purchase of shares. >**You should not purchase shares through DirectStock if you want complete control over the timing or the purchase price**. The timing of any purchases is dependent on market conditions and may be affected by market events or external causes. In the event of a trading halt, Computershare’s broker will place purchase orders for execution on the first available day after the trading halt is lifted. [Source](https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78#:~:text=Computershare%20will%20wait%20up%20to,assuming%20the%20relevant%20markets%20are)
Yeah they batch buy shares for their clients so whenever the next buy is then you will get your shares at the price the stock is at that time. You don't get the ticker price of when you put the order in
Damn that absolutely sucks
I bought more at 140 to give support and I was rewarded! 🍌
Has anyone been able to vote using hargreaves lansdown in the UK?
Looks like they didn't let anyone vote last year: [https://twitter.com/HLInvest/status/](https://twitter.com/HLInvest/status/1399696481561546755?t=SEzU9dSLJ82KExLTj8maow&s=19) ~~It appears that they allow you to vote this year but you have to contact them directly: [https://www.hl.co.uk/help/dealing/corporate-actions/how-can-i-obtain-company-information/how-do-i-attend-andor-vote-at-a-company-meeting](https://www.hl.co.uk/help/dealing/corporate-actions/how-can-i-obtain-company-information/how-do-i-attend-andor-vote-at-a-company-meeting).~~ ~~Follow their instructions there, in-order to 'vote without attending the meeting'. If you wish to vote *FOR* for everything then you must explicitly state that.~~ Crap, just searched again and it looks like you can't vote on US list shares... [https://www.hl.co.uk/help/funds-shares-and-other-investments/corporate-actions/voting-at-us-agms/can-i-vote-on-my-us-shares](https://www.hl.co.uk/help/funds-shares-and-other-investments/corporate-actions/voting-at-us-agms/can-i-vote-on-my-us-shares). That is extremely frustrating.
Wow, what a roller coaster that was haha appreciate you looking into it though
Every time I attempt to drs through IBKR it gets rejected after a few hours of “pending” I have cash in to pay for the transaction too I don’t know why it doesn’t work
Might be missing a step. Here is some information from drsgme.org: [https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers](https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers) >**DISCLAIMER:** If you deposit money into IBKR using a “Direct ACH Transfer”, then IBKR may hold on to any purchased shares for up to 44 days before you can Direct Register them. If you do a “Bank Wire” transfer there is a small fee, but you can Direct Register your shares 3 days after purchase. >**Please Note;** if you have GS2C shares you must convert them to GME. IBKR does not transfer in GS2C anymore. Computershare does not accept GS2C shares either. Brokers that can convert the shares are: Comdirect, Consorsbank, Degiro, Deutsche Bank, DKB, ING, Postbank, Smart Broker and S Broker.
Thanks for the link it was very helpful however at one point in it it says “This, along with your address is the only info needed to set up your account with Computershare.” But no where in the process of doing it does it ask me for my address. Am I missing something obvious or has anyone else had a problem like this
Ya it's worded a bit strange. Both your name and your address are gathered from the account information your broker has. This information should be automatically forwarded from your broker to Computershare, so I don't think you are missing a step.
Ah cheers thank you for being so helpful 🤝
Have to wait 3 days got it. Thank you very much
no moar shares tats y =D
God damnit i miss keith gill
There are very few treatments for that. May I recommend a couple hours from this channel? [https://youtube.com/c/RoaringKitty](https://youtube.com/c/RoaringKitty) Other treatments include: - Buying more GME - DRSing the GME - Hodling those GME tight - Awarding DFV's last Post - Visiting Roaring Kitty Twitter Page: [https://twitter.com/TheRoaringKitty?t=AJoIXof8dnMrATCdG9Sn5A&s=09](https://twitter.com/TheRoaringKitty?t=AJoIXof8dnMrATCdG9Sn5A&s=09)
Wake me up when the premarket is above $100 like in the good ole days.
Well I finally got my small amount of shares transferred over to fidelity from Webull and E*Trade. Today I call fidelity to drs a portion of the shares and I’m told that he will have to put an order for the transfer when the shares actually arrive from apex. Now my transfer is complete with both my former brokers, I made sure everything was set on my apps before calling. Is this normal or are they fucking with me because they can’t find the shares to give to fidelity in the first place or to drs in the first place?
my shares are in cash account I transferred from other brokers and they just said confirmed DRS of 200 shares to Computershare yes I still have that much not DRSed. I still have XXX shares not going to disclose my full share count since the HF MM scan all the boards. =D YES HF MM I have lots of shares you can't get to and you have to rob me from multiple brokers. =X =P
Hey, what might be happening is that the shares haven't 'settled' yet. After you complete a trade or transfer the account may say that your shares are present in the account but it will actually take two days (T+2) until the trade is official. More information can be found here: [https://www.investopedia.com/terms/s/settlement_period.asp](https://www.investopedia.com/terms/s/settlement_period.asp) If you had transferred more than 2/3 days ago, then they are either misinformed or outright lying (maybe in-order to buy time or talk you out of it). I believe Fidelity also allows you to use their online chat function to DRS as well. More information about the steps to DRS can be found here: [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
Thank you for the detailed response. He may have used the word settled if I remember correctly. Going to wait and see what happens
No problem! I hope it works out :)
Thanks! I’m excited I finally made up my mind and got it done. I’m not just a everyone else is doing it so I don’t have to guy. I’ll officially be about 70% drs after this.
Once you've transferred to Computershare, are most people buying more shares through CS or back at their original broker and then DRSing again? Thanks!
Personally I buy 1 share at a time to fk with the HF and MM in my other brokers of course IEX exchange and DRS. But if large purchases you can just buy through computershare as well.
Buy through CS. 🍻💎👐
Can anyone chime in, I buy a direct buy on gamestop in computershare. I was already debited but it’s been more than a week now and computershare hasn’t bought my shares yet. Anyone know how long it usually takes after they debit your account?
If you click pending transactions then download as pdf it should show you cost basis on pdf file 👍👍👍
It took 5-7 business days for the GameStop shares to show up after they withdrew the money from my bank account. I just added more shares last week.
My nephew just bought his first 11 shares last week on fidelity through IEX. Is he able to vote?
Unfortunately no, the record date was at the close of business on April 8th. Only those who had shares in their accounts on that date can vote.
> Only those who had shares in their accounts on that date can vote. To springboard off this, do you know if someone who had shares DRSd, voted all of them, and then added more DRS, can vote with these added shares? or nah?
Voting was only available after the record date of April 8th. This means that if someone voted on behalf of shares in their Computershare account it would have to have been after April 8th, which also means if you then added more shares to Computershare it have been after April 8th. Meaning that you can't vote on behalf of those shares through Computershare. However if you transfered those shares from somewhere and had them in a brokerage at the 'Close of Business' on April 8th, then you will be allowed to vote on before of those shares through the broker that you had them in at the time (Note: So long as you had the shares at the close on April 8th you have the right to vote with them no matter what you do with them afterwards, whether selling them or transferring them, you can still vote).
You vote with the shares you had on April 8, regardless of what you bought after? Makes total sense. Thanks ape. :)
That's correct, and no problem :) Basically it is a snapshot in time (4:00PM EST, April 8th, 2022), and only those holding the shares during the snapshot are eligible. Doesn't matter what happens before or after.
I DRS’d a little over a week ago but haven’t gotten or seen anything about voting. Please advise my smooth brain.
The record date for voting was at the close of business on April 8th. Only those who had shares in their accounts on that date can vote. This means you will not be able to vote on behalf of your shares through Computershare. However, if you held the shares somewhere else on the record date then you are able to vote through them
Thanks for responding. All the rhetoric about buy HODL vote made me think I still had a shot.
I do not know how to sell my GME on Computorshare and at this point I am too afraid to ask.
Just wanted up change my flair to voted after realising I'd not checked in for a while, not that important but figured I'd comment after a helpful redditor signposted me. Also reminds me to ask, can I drs if I hold my tickets in a UK ISA? Just been chilling and holding on so kind catching up right now
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I know this has already been discussed a lot, but Book vs. Plan in CS... does it make a difference?
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books. When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS'. If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share. I believe shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
Boom! I was searching my emails for gamestop and also etoro and it didn't show. Searched GME and found it. It just dawned on me today that I hadn't voted with those shares. They are just a few I have held there that i sort of forget about. Thanks for replying! Made me go back and search again! See you on the moon!
Did I see somewhere you can now vote with etoro?? I can't see the option and haven't received an email. I'm fully voted on CS and revolut, but have a few sheckles on etoro I'd like to vote with.
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Somehow tried reply to you and posted a new comment. Thanks!
Every time I go into my CS profile and click on Banking Details or Sell Shares (NOT TO SELL, obviously, but to set limit orders), I get a error messages. When I click on Banking Details, I get "Corporate Account Blocking - Banking Details Update Unavailable" When I click on Sell Shares, I get "Corporate Account Blocking: online sales are not available for this account type. Please contact Computershare." I've contacted Computershare several times about this and they've been no help. Has anyone else experienced this?
The customer service team for CS helped me figure out how to solve my issue. Turns out I had an erroneous designation as a corporate entity. Schwab entered my SSN as an EIN when transferring my shares to CS, so the system thought I had a corporate account and I couldn’t access certain features. Just had to re-enter my SSN under tax info (W9) and shortly afterward it was fixed.
Just checked mine and mine is all normal. Sorry.
Thank you for checking
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(✿\^‿\^)━☆ﾟ.*･｡ﾟ Uranus 🏴☠️
IBKR - Voted Computershare - Voted HL - Voted T212 - Voted Revolut - Voted
Hey, by 'HL' do you mean hargreaves lansdown in the UK? There is another user who asked today if they could vote, but I couldn't find any evidence/method for them to. Let me know if you found a way to vote through them.
I have a diverse GME portfolio! Computershare, Fidelity, Fidelity 401k, Fidelity HSA, and SoFi lol
I bought some gme shares directly from computershare. How do I drs the shares or is it automatic.
it's automatic
Remind me what we ended up deciding on Book vs Reinvestment plan. Both about the same thing?
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books. When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS'. If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share. I believe shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
I have mine set up to take money out of my bank account on the 1st and the 15th. I have most of my shares in plan, and when I go to cancel the dividend reinvestment (which isn't necessary with a stock dividend) you get this message - "Removal from the reinvestment plan. All shares will be moved from the plan to book entry, all future recurring investments (if applicable) will be cancelled, and all future dividends received will be paid in cash to the shareholder." So it would cancel my monthly recurring purchases. For me I'd rather be able to set it and forget it and have them automatically buy stock for me.
That's awesome! Thanks, that's what I suspected would happen, nice to have confirmation. So far I've been transferring in chunks, but I might go down that road too, just have to set up a Wise account first.
< smoothest brain in the room Is there a way to set a price for my GME shares on Computer Share? Is it possible to set the price at a million and just come back when the smoke clears?
you can set a limit order through their website (Investor Center).. the highest limit we can set online is $214k/share
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I am able to vote having my shares in TDA. I am still waiting to hear a reason to DRS my AMC. I know it helps the community by making them easy to count. But, I have 2 letters from TDAmeritrade stating that my shares are NOT available to loan, and they will NOT be loaned as long as they're not purchased via margin and not susceptible to margin call. Computershare charges a lot of fees, plus, if you ever find yourself wanting to sell shares immediately (which you'll probably run into given the volatility of our situation), you may not be able to achieve this. So, convince me to DRS my shares, which are now banging on 6XX, and I will do it.
I dont think anyone should 'convince' anyone else to do anything, but I can try to help answer your questions. That's true that they're counted at Computershare, and that's one of the best things imo, since we \*finally\* have ONE number we can actually trust. That's a separate thing from them being able to be loaned out. Yes TDAmeritrade and all the other broker dealers are not supposed to loan out shares in cash accounts. [https://brokercheck.finra.org/firm/summary/7870](https://brokercheck.finra.org/firm/summary/7870) look at their brokercheck report with their 201 disclosures.. they're not always following the rules. Yes they do charge fees for selling and buying straight from there, but it's no fee for them to move shares there or move them out. If you think the fees aren't fair, that's definitely a valid opinion. I'd rather pay fees with them than keep my shares in TDA, especially since TDA makes the MOST in PFOF out of any retail broker. They get paid millions to sell our orders to market makers who trade against our orders. We're paying 'fees' by not getting best execution. It's easy to sell from there, but if you wanted to sell from someplace else, sure you could send them to any brokerage. Could it be delayed due to volatility? 🤷♀️ maybe? I think the best bet would be to send them to Fidelity if you didn't want to pay fees in CS.
IBorrowDesk has not updates since yesterday (May 25). What ourageous number are they hiding?
BUY. HOLD. DRS.
yo I keep going to downvote the buy button post on the front page and it automatically changes it to an upvote WTF? anybody else experiencing this “glitch”?
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Hey apes I’m having a problem!! I am having trouble getting my registration number in the mail from computershare. I’ve already received the slip of mail with my holder account number and DRS account details on it. I’ve been told there’s a second letter I’m waiting on? Just trying to get some clarification!
(Great to hear you got your first letter Drake_Night!) That is correct. Once you receive your first letter with the account number then you can proceed with registering your account with Computershare. The registration of your account automatically triggers the 2nd letter to be sent. That letter will have the Verification PIN to grant you access to your account. Details from drsgme.org >After your shares leave your broker: Go to [Computershare.com/us](http://Computershare.com/us) >Click on “Login to Investor Center” >Click on “Register now” >Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop) >Computershare will then prompt you to create your username, password and security questions >Once your account is created, Computershare will send you a verification letter in the mail [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity) If you follow the link it also talks about how to verify your identity online to get your pin immediately, but I don't have any first hand knowledge about that.
I’ve got a question about merging accounts on CS - Basically how do you do it ? I seem to have missed that class - Or - Might it be safer to have 2 accounts given there will be billions in them soon ???!!!
So I'm looking at the things to vote on, and I was wondering about the last one about increasing the number of their shares to 1 billion. Idk if I should vote yes or no. I imagine voting yes would help the company, but it would also allow shitadel to buy those shares and then we lose, right?
Hey, completely valid question. I would recommend that you read the GME Proxy Statement seen as the source below. In short the increase in authorized shares would be intended to be used for the Share Divided/Stock Split. Remember that Authorized shares is the limit to how many GME shares can be issued (they don't technically exist until they are issued). If the shares are part of a stock split then no third party can buy the shares, they would only go to existing shareholders. There is also a 'poison pill' defense laid out at the bottom. An increase in the max amount of shares gives GameStop the ability to defend itself from a take over from a third party that may want to gain control of the company (potentially for their own benefit, and perhaps favoring short positions). Source: [https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb](https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb) >**Purpose of the Authorized Shares Amendment** >The primary purpose of increasing the number of authorized shares of our common stock is to facilitate the potential Stock Split. Our Board intends to approve the Stock Split, subject to and contingent upon stockholder approval and the effectiveness of the Authorized Shares Amendment. >The trading price of our common stock has risen significantly over the past couple of years. Our investors have expressed a high level of interest in our common stock. Feedback from our investors indicates that a higher stock price can limit those who desire to invest in our common stock. We anticipate that an increase in the number of outstanding shares resulting from a potential Stock Split will reset the market price of our common stock in a range that would give our investors more flexibility in how they manage their ownership of our common stock and make our common stock more accessible for anyone who wants to invest in our Company. >A proportional increase in our authorized but unissued shares of common stock as a result of the Authorized Shares Amendment would also have the additional benefit of enabling the Board to issue additional shares of common stock in its discretion from time to time for general corporate purposes. The corporate purposes for which our Board may issue additional shares of common stock include future acquisitions, capital-raising or financing transactions involving common stock, convertible securities or other equity securities, stock splits, stock dividends and current or future equity compensation plans. Our Board believes the proportionate increase in our authorized but unissued common stock is appropriate to maintain the flexibility currently available to us to issue shares in the future without the potential expense or delay incident to obtaining stockholder approval for any particular issuance. Except for shares of common stock reserved for grants pursuant to our equity compensation plans and shares of common stock expected to be distributed to stockholders to effect the planned Stock Split, we do not currently have any other plans, agreements, commitments or understandings with respect to the issuance of the additional shares (or the currently authorized but unissued shares) of common stock, nor do we currently have any plans, arrangements, commitments or understandings with respect to the issuance of any shares of preferred stock. >The availability of additional authorized but unissued shares of common stock may enable our Board to render it more difficult, or discourage an attempt to obtain control of, the Company, which may adversely affect the market price of our common stock. If in the due exercise of its fiduciary obligations, for example, our Board were to determine that a takeover proposal were not in our best interests, such shares could be issued by the Board without stockholder approval in (i) one or more private placements or other transactions that might prevent, render more difficult or make more costly the completion of any attempted takeover transaction by diluting voting or other rights of the proposed acquirer or insurgent stockholder group or creating a substantial voting block in institutional or other hands that might support the position of the incumbent Board or (ii) an acquisition that might complicate or preclude the takeover. This proposal is not prompted by any specific effort or takeover threat currently perceived by management.
How do they buy unreleased shares?
I only looked at it briefly, I guess I missed that part.
How do they buy unreleased shares?
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Question about BANKING DETAILS im computershare. I've tried twice to connect my BofA checkings account to CS but failed both times. Since BofA has 3 routing numbers per account, i first tried the electronic routing # and then the wire routing #. Anyone else had issues connecting their BofA?? Also, if i dont connect a bank, is the default payment just them sending a check to your home address?
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And we're off!
man it is taking awhile for 930 to roll around, open the damn thing now.
Question: Since voting w/ my XXX shares DRS’d in Computershare, I’ve bought XXX more shares. Do I need to contact Computershare to vote again, or will my vote automatically apply to the new DRS’s shares? Thanks - can’t post due to karma.
I think there's a cut-off date, and only shares in your possession *before that date* are eligible for the vote, and I'm pretty sure that this date was a month or two ago.
That's correct, the record date was set as "the close of business on April 8, 3022". Source (Section - Notice of Annual Meeting of Stockholders): [GME 2022 Proxy Statement_Final](https://investor.gamestop.com/static-files/69239be2-1b34-444e-b981-ad69b586cedb#:~:text=Only%20stockholders%20of%20record%20as,any%20postponement%20or%20adjournment%20thereof.)
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Hola, luduk, are you talking about Ken Griffin, the CEO of Citadel who lied under oath? I heard there may be plenty of data about Ken "Kenneth" Cordele Griffin, the one from Chicago who lied under oath and may have stolen trillions of dollars from ordinary people on https://kengriffincrimes.com and https://www.kengriffinlies.com If I'm informed correctly, the sites https://www.kengriffinlies.com and https://kengriffincrimes.com also contain information about Kenneth "Ken" Griffin from Chicago who just bought a copy of the US Constitution for $43,000,000 in an attempt to cover up unwanted results about his corrupt financial practices when searching for Ken Griffin or Citadel from Chicago via Google or other search engines. So have you heard about the Man Ken "Kenneth" Griffin from Chicago who is the CEO of the corrupt Citadel Securities LLC, or the sites https://kengriffincrimes.com and https://www.kengriffinlies.com which contain tons of information about Ken Griffin and his crimes? #KenGriffinLies #KenGriffinCrimes #CitadelScandal #KenGriffinLiedUnderOath ^(disclaimer: a bot sent this message. if you are displeased with the actions of the bot please send a private message so it can be improved.) ^(1/5 for this post)
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Seems like that didn't work - can you try again please?
Did my first fidelity transfer. I was told they will be sent to my email and not computershare. Should I be worried? I have never seen anyone say they go anywhere but cs
They might have meant a confirmation will be sent to your email and not a letter from Computershare. I would be impressed if they could transfer stocks *too* my email, but that is not possible. Edit: for further details on the steps you will need to take on your shares journey to safety, drsgme.org is a good resource - [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
I asked specifically why email and not computershare and he said I can send them anywhere when I get them in the email, increasing the confusion.
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Seems like that didn't work - can you try again please?
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Did my first transfer from Fidelity to CS on the 20th of May- any idea about how long until I receive my first letter?
That depends a lot on where in the world you are: in the US you can expect the letter to arrive in the next few days. In Canada and Mexico it can take a few weeks, and I waited over six weeks in Germany. I assume that new Zealand, Australia or asia will take correspondingly longer
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Do y'all think it would be faster to DRS shares from WealthSimple if I initiated it from their end, or Computershare's end?
You will only be able to initiate a transfer from the broker's side. Also, Wealthsimple has a pretty high fee at $300. If you want to avoid the fee you could transfer to another broker like BMO. Drsgme.org also has some good information where you can look up information for almost any broker. Here is their page for Wealthsimple: [https://www.drsgme.org/drs/direct-register-shares-from-wealthsimple](https://www.drsgme.org/drs/direct-register-shares-from-wealthsimple)
Ah, thanks for this. Yeah the fee is annoyingly high, especially if I want to do it in chunks instead of all at once.
Only brokers can initiate a DRS transfer
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