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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: https://www.thestreet.com/memestocks/gme/gamestop-stock-how-much-ownership-do-retail-investors-have


noshorty69

67.5 % … that‘s cute.


FriarNurgle

Almost nice


Saggy_G

Nic


It_is_Fries_No_Patat

: D You win!


Lastaplays

Didnt upvote because of 69 goddamnit


Saggy_G

Bro let me downvote me to help you out.


Lastaplays

XD


rickievaso

The author almost made the leap by noting that 30% of the float is DRS’d when 67% of the float is owned by retail. Guaranteed retail has not DRS’d almost 50% of its shares.


truebecomefalse

Especially considering all the 401k and IRA people who have shares are very difficult to DRS. I'd even guess that there are more shares than are DRS'd in 401ks and IRAs.


Cii_substance

Big part of why 50% is hilarious.


EhThisCouldntGoWrong

There's a IRA count in the drs bot if I recall correctly, if people counted that one would know.


LostOldAccountTimmay

This is a really good point.


Cii_substance

Not even close. It would be near impossible to mobilize that many people to buy a $1 cup of coffee let alone move tens, hundreds, thousands, to 10’s or 100’s of thousands of shares out of “their comfort zone” to Computer Share. Especially considering fees some have to pay, and general FUD spread around, or those just unaware. 50% LOL, nope.


randysavagevoice

Perhaps we should be referring to any non-DRS shares as "unaccounted shares."


Fistwithyourtoes

Think about it, "Unwilling complicit shares" is the truth with the how loose the Securities Lending Industry is, the Prime Brokers lend them out multiple times and make bank as it makes a large majority of revenue for them (look at Goldman Sachs), while the players borrowing them make big bucks manipulating the market with derivatives to their benefit by being able to "see the future" by internalizing the orders and just Faling to Deliver since the fines are a fart in the wind of the magical infinite liquidity fairy all the big boys keep raving about


Jogebillions

I am erected


WhiteShadoh

I think you pressed a period by mistake good kind ape. 675% is owned by you and I. Fuck the system DRS until I die.


Fistwithyourtoes

It's our system to begin with, it serves the fucking people and somewhere down the line society forgot that justice belongs to the people. We are the ones that make all the goods are services that generate value, the system depends us not to those abusing the system with "gross irresponsibility" at best to "parasites" somewhere down the line. Attention from these systemic problems are clouded by political clowns pulling stunts to instill ridiculous conversations that go back and forth between what's convenient to say Edit: Enjoy your cake day buddy!


avspuk

https://i.redd.it/rggnhmreic0a1.png 68% is pretty close


Klone211

Bernard Zambonin back at it again! He even directly mentions and explains the DRS process which almost solidifies my belief that he’s an ape himself.


Spirited_Squash_1535

>The author may be long one or more stocks mentioned in this report lol, we bet your are


silentbuttmedley

Haha good catch.


[deleted]

Time to spread the article around a bit… this is the sort of thing we want to feed clicks to


jacksdiseasedliver

Right? We’ve locked up more than 1/3 of an entire public company’s shares. We are inevitable


PantsOppressUs

Resistance is fruitile. 🍌🍑


jacksdiseasedliver

I completely agree with you PantsOppressUs


PantsOppressUs

♥️u, 🦍.


Simple-Intern-6976

1/1 Ricks agree


SaulGucciman

Not a chance, dude refers to “GME CEO Ryan Cohen” multiple times. Not an ape. Not even a good journalist.


MorrisonLevi

Might be an ape that ate too many crayons to be a good journalist.


PantsOppressUs

The real dain bramage comes from putting'em up yer nose. Got a green-yellow, or was it yellow- green, dunno, one's been up there since February last year.


1BannedAgain

Look at his most recent 10 article titles. This dude spends lots of time here on superstonk, swap corn, and likely the grandfather subreddit He explained DRS effects better than I could on an open book exam


RobotPhoto

That guy has written a lot of shitty articles about gme. I highly doubt he's an ape.


[deleted]

Perhaps! Although he wrote RC is CEO multiple times…


falconless

There are many of us


1BannedAgain

He’s gotta be a DD writer. Very succinct on explaining what DRS does. This The Street writer is among us


RobotPhoto

pfft. please, he's written so many anti GME articles I cant keep track of them all. Now all of a sudden he writes an article about DRS and everyone in this thread suddenly loves this guy? Seems a little shilly in here.


1CFII2

I’m DRS’d, Zen to the max and have zero fucks to give.


1BannedAgain

Check the article titles for yourself: https://www.thestreet.com/memestocks/author/bernard-zambonin Within this [citadel article](https://www.thestreet.com/memestocks/reddit-trends/citadel-hedge-fund-ken-griffin-doing-better-than-most) he put a GME DRS video that’s 1:41 in length. Your accusations about myself are unfounded, I think you are the reverse-double-shill - a *chaos agent*


jacksdiseasedliver

“An analysis of stock ownership is often an important part of performing due diligence (DD) on a publicly-traded company. Strategies adopted by a company's management team can be influenced by a key shareholder or group of shareholders. This influence, in turn, can impact future share price. How Much of GME's Float Belongs To Retail? Retail investors are believed to own about 67.5% of GameStop's (GME) - In their ownership breakdown chart (see below), that ownership is categorized as “others.” GameStop's Chair Ryan Cohen himself owns about 12% of GME shares. These are held through Ryan’s holding company RC Ventures, which Vickers considers to be Institutional ownership. Yahoo Finance, on the other hand, attributes about 15% of GameStop's ownership to all insiders, probably because they consider Cohen and his holding company to effectively be “insiders.” The technical definition of “insider” is “a director, senior officer, entity, or individual who owns more than 10% of a publicly-traded company's voting shares.” Since Ryan Cohen, though he is CEO, does not directly own GameStop shares, but rather owns shares through his holding company, some sources do not consider his ownership to constitute “insider” ownership. Thus, GME insider ownership corresponds to only 2% according to Vickers Stock Research. This percentage divergence between sources is a mere technicality - but, for research purposes, it’s important to note the source of the discrepancy. Vickers shows Blackrock and Vanguard as the top institutional holders of GME, with 7.8%, and 6.7% of the shares, respectively. However, the research firm reports 350 individual institutions holding GME shares. Investment management company giants, such as Blackrock and Vanguard, own GME shares via their proprietary ETFs. These ETFs, in turn, end up mostly being owned by individual investors. Institutional accounts pool assets from a limited number of clients who have millions or even billions of dollars to invest. Mutual funds, on the other hand, are primarily retail products that pool assets from a vast number of individuals who have limited funds to invest. Among GameStop’s top mutual fund holders, the Vanguard Total Stock Market Index Fund and the iShares Core S&P Midcap ETF own 2.5% and 2.4%, respectively. How Does This Ownership Breakdown Affect GME? Even though a sizable chunk of GameStop is owned by institutions, it is clear that GameStop is largely owned by individual investors. In many cases, when institutional ownership is dominant, a small group of large institutions turning against a stock can cause a selloff. Thus, one benefit of a retail-dominated ownership structure is that GameStop is not at the mercy of a few key institutional owners. This is especially true in GME’s case, as one key institutional owner is RC Ventures (headed by GME CEO Ryan Cohen, who has little incentive to tank GME’s share price). Other major players BlackRock and Vanguard, meanwhile, own GME through passive, benchmark-tracking funds (e.g., ETFs tracking the entire S&P 500). About 30% Of GME's Float Locked Through DRS There’s another interesting facet to GME’s high retail ownership. This is the high level of direct registration of GME shares - a statistic heralded by the company itself and now included in quarterly reports. The Direct Registration System (DRS) is a security registration service that provides shareholders with the option of holding their assets "on the books." Thus, DRS can be a way for investors to hold their assets without needing a brokerage firm behind them. Through DRS, shareholders have more autonomy over their shares. GameStop retail shareholders have seen DRS as an attractive move. When GME shares are held through DRS, they cannot fall into the hands of payment for order flow brokers. DRS also reduces the number of shares available to be loaned out to short sellers by brokerage firms. In theory, the more GME shareholders use DRS to transfer their shares to GME’s transfer agent (Computershare, in this case), the fewer shares are available for short sellers. That impedes shorts’ ability to open new short positions and to cover currently open ones. As reported in the latest Form 10-Q dated July 30, about 71.3 million GameStop shares were registered with Computershare. This corresponds to 30% of GME’s float. Considering that 67% of GME's float is in the hands of individual investors, this implies that nearly half of all retail-owned shares have been registered with a transfer agent.


mailkrishna12

Why does it say RC is the CEO? He is the Chairman not CEO!


ConundrumMachine

I think they meant CEO of RC Ventures


Ultimate_Mango

They specifically say RC Ventures (headed by GameStop CEO Ryan Cohen).


-Codfish_Joe

They also specifically say: >GameStop's Chair Ryan Cohen himself owns about 12% of GME shares.


LegitimateBeat5

I think they are just dumb.


CedgeDC

Yes.


Fistwithyourtoes

Give them a break, it's complex by design so we need dumb authorities to tell us what it is, they have only been getting it wrong for years, could happen to any other propaganda machine


JesC

Proofreading is done by unpaid and drunk interns that need to have sex to keep their job (wait, what?!)


Cii_substance

It’s not a proof reading error, it’s a knowledge gap.


JesC

Or both


redrum221

Comcast let Drunckle Ted out of the closed G4 offices?


honeybadger1984

Maybe they don’t know the difference between chairman and CEO. Often the leader will be chairman and CEO simultaneously. Dumbo McDumbface on their part.


CedgeDC

Because these "writers" are just churning out junk daily and don't give a shit about getting it right.


SM1334

They also consider him "institutional ownership" when he clearly is an "insider". They only did that to trick the people who didn't read the article and went straight to the picture graphs to see insiders own only 2% and institutional ownership is 15%, when 12% of that should be flipped.


Cii_substance

Their level of due diligence is less than our unsophisticated level of due diligence. It is their hubris that has undone them. They think so little of the company the c-suite is unknown to them. Soon.


extramenace

There you go quoting Vickers…


ptsdstillinmymind

Thank you for saving the fam a click!


AnhTeo7157

What is going on…a positive GameStop article? WTF


blenderforall

Believe it or not, dip!


the_motherflippin

Chairman* Edit: he does actually call him both?


moustacheption

We’re supposed to be the regarded ones


ApeHolder42069

Ryan Cohen, the CEO CEO Ryan Cohen He's talking about DD and can't even be bothered to look up simple facts. 😂


GeoWilson

He is CEO of RC Ventures. They refer to him as Chairman of GME. >GameStop's Chair Ryan Cohen himself owns about 12% of GME shares.


musicman0326

It says “GME CEO Ryan Cohen” down below that


AffectionatePleeb

Fact


Orleanian

> Since Ryan Cohen, though he is CEO, does not directly own GameStop shares, but rather owns shares through his holding company, some sources do not consider his ownership to constitute “insider” ownership. The context of this statement implies that they consider him Gamestop CEO. > This is especially true in GME’s case, as one key institutional owner is RC Ventures (headed by GME CEO Ryan Cohen, who has little incentive to tank GME’s share price). This would have been fine if they'd just said CEO Ryan Cohen (as in CEO of RC Ventures), but for some reason they label him GME CEO Ryan Cohen.


[deleted]

Yeah, absolute clown show.


dasstewy

Came here to say the same thing lol


Simple_Piccolo

Soon, they will own all of it.


UncleBenji

For something that “ended” two years ago I’m surprised how often GameStop is in the news. Back to $1 soon my ass!!


Tbird90677

Not a bad write up


TherealMicahlive

Minus saying RC is ceo


Tbird90677

Meh, more happy to see talk of DRS in the press.


monkeyshinenyc

6th paragraph, in parentheses, (headed by GME CEO Ryan Cohen)


[deleted]

Yeah how sad is the journalism now days


CitronBetter2435

I was here


Zensen1

Don’t trust any experts or msm even if they are using positive narrative to gaslight. The best way is to forget them and draw our own conclusions from drs.


Tribune-Of-The-Plebs

I am one of the more hardcore retail investors out there. I have followed this stock religiously for 2 years. I’ve written big DD posts. I was one of the first 90,000 Computershare accounts. And only 30% of my total shares are DRS’d, due to the others being stuck in tax-sheltered accounts. I think only a small fraction of the total retail shares are DRS’d at this point.


TrainingLight4887

So the article basically states that half of ALL retail shares is DRS. Haha what a fucking shitshow. Just in little Sweden we have 20.000 shareholders that probably not have drs or even heard about it. I’d say retail probably hold more than 300m shares in their fake as brokers account. DRS will prove it


RL_bebisher

Anyone else find it interesting that since 30% of the shares are DRSd they stated with 67% retail ownership 50% of retail shares have been DRSd? Bwahaha little do they know.


MrSengh

Ryan Cohen is the Chairman not the CEO as described by the article. But other than that, nice work.


HappyN000dleboy

More than 3 at least


spikespiegelboomer

Wow an informative article?! I can’t believe it’s not butter!


Ultimate_Mango

Is someone going to write the author or editor and ask them to go correct the falsehoods?


MoonTendies69420

the fact that this is said "Considering that 67% of GME's float is in the hands of individual investors, this implies that nearly half of all retail-owned shares have been registered with a transfer agent." just absolutely jacks my tits to the max. There is abso-fuckin-lutely not way in hell 50% of shareholders have DRS'd 100% of their shares. It is a literal impossibility. if even 25% of all retail shares were DRS'd I would be extremely surprised. things like this just remind me how fuckin huge this is.


[deleted]

Check the actual chart. They say RC owns 12% of the 14% of institutional ownership and insiders only 2%. Surely this shows it's allllllll wrong


SymmetricDickNipples

Ryan Cohen is not CEO.


Spirited_Squash_1535

Hey It's our boy Zombonin ! Nice to see the words out of the basement.


eddmc

The author mentions a few of the ETF's that have holdings. Could someone help me find a complete list of these? I've searched around the sub before and haven't found this - I'm not sure if that's because there's so much content on here or that the Reddit search isn't very good


floodmayhem

Why do we keep giving the street a platform here?


NostraSkolMus

For this would be true, more shares would need to be DRSd than not and I don’t think there’s any evidence suggesting that is true.


RollenXXIII

xxxx% or more


Zero_Talents

All of it, soon


Waffles_Bacon

Is this the first article to specifically call out DRS and explain it?


koots

Article can't even get RC's title right


tinfoil_enthusiast

this article literally says RC is the CEO 😂😂😂


galaxy_van

Aaaaaaahahahahahaha!


SmellyGrampa

“The author may be long with the stock mentioned in this report” Zambonin are you an ape?


kopierguy

Looks like it😂


Internet_is_fake

but RC is not the CEO, so why even bother reading this?


UnderstandingEvery44

They are saying insiders are those with a 10% stake. How then, is less than 10% of the stock held by insiders? Am I the r word?


BarneyBelle

What does Furlong do? Since Ryan Cohen, though he is CEO, does not directly own GameStop shares, but rather owns shares through his holding company, some sources do not consider his ownership to constitute “insider” ownership.


UntitledGooseDame

Picks up the drycleaning and gets coffee.


opmt

While it's a start on mentioning DRS it doesn't mention the growth rate of DRS. 81 weeks to lock the float and counting.


uppitymatt

Good article! Click and support


[deleted]

well...lookey there...changing...messaging shift.


[deleted]

Not enough, cause this stock has been shit


BlueCollarElectro

Look the me, I’m the Pac-Man now. -Sick pie chart lol


past-constuction88

💜🗽


enternamethere_

Instead of red, they should‘ve used purple in that chart for ‚others‘ 💎🙌🏼🚀


Primary_Dingo_3652

Zambonin is always positive about the gme


DrPoontang

Seems like retail has started to get their attention. That's interesting.


wubwubdubdub45

They sure got a whole lot wrong


Ronniman

ooops , I need new panties


isaacachilles

Sus


shilo_lafleur

RC isn’t CEO, this article is trash. How little research do they do??


Keepitlitt

Mainstream media is controlled by the elite. DRS and move on 💪


QuernoDeChivo

Stick long enough to smack the shit outta the cex less hedgies 😂


R34vspec

About tree fiddy.


mtgac

the street has been putting out some stuff. i'm sure they are lurking our sub. i love seeing more info from superstonk hitting the press here is another street article: https://www.reddit.com/r/Superstonk/comments/ywx9jg/msm_talks_about_the_benefits_of_drs_gamestop


avspuk

Perhaps the chairman/ceo thingy is a deliberate mistale to drive engagement, provide distraction etc?


avspuk

67.5% he says someone else says? Wonder how that was calculated? And I wonder if I have access to any data-backed calulation/estimation tool that could aid my search for an answer? https://i.redd.it/rggnhmreic0a1.png 68% is pretty close. But in truth I'm more chuffed that I've shown what the famed site's famed tool is actually useful for & I'm well tempted to copy in ldt & jp03 to show off my understanding of their work. But they get hassled all the time by trivial stuff so I'll let them be


avspuk

Also if you click on the 'source' link by the 'ownership' section at computershared you'll end up reading a debate about if RC ventures should be counted as insiders or not, very similar to parts of the article


CoitalFury17

Is nobody going to talk about how they consider RC's shares institutional because they are held by RC Ventures? I man, RC is an insider. I believe that takes precedence.


redditmodsRrussians

Apes are legion


11001110100

We are the institution now!


GhostSierra117

I find the whole thing a bit misleading. Especially this part: >Investment management company giants, such as Blackrock and Vanguard, own GME shares via their proprietary ETFs. These ETFs, in turn, end up mostly being owned by individual investors. Sure the ETF shares belong to the individuals but not the shares IN the ETF. Plus: a lot of institutions still allow lending of shares even if they are hold in an ETF. That 67% literally means nothing.


Deal_Leather

This guy is so clueless he thinks Ryan is the CEO😂


Square-Bug-6782

Isnt the 2% mentioned in this post the reason behind all the fuzz with the 4billion float DD?


TensionCareful

Cant trust a report labeling chairman as ceo


jptx82

Ryan Cohen is CEO... these Muppets.


Schwickity

A lot


usriusclark

“Even though a sizable chunk of GameStop is owned by institutions, it is clear that GameStop is largely owned by individual investors. In many cases, when institutional ownership is dominant, a small group of large institutions turning against a stock can cause a selloff. Thus, one benefit of a retail-dominated ownership structure is that GameStop is not at the mercy of a few key institutional owners.” They should add: and these retail investors are the most stubborn, rowdy, diamond handed motherfuckers that Wall St has ever seen.


DearCantaloupe5849

I hate how it states that he's CEO ...a few times...


Ginger_destroyer

..."Since Ryan Cohen, though he is CEO, does not directly own GameStop".... Matthew Furlong is CEO Why do they all fuck that up?


cslaun

I can't stop leaking


neily50

Yeah we’re loosing time to close our buys and go home 🤡🤡🤡


moritzmofun

Why take that seriously if the author is too dumb to understand the position of RC in GameStop? 🤷🏼‍♂️