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lovetoburst @lemmy.whynotdrs.org
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Examining 2022 and 2023 DRS count draining

2022 negative DRS counts get overlooked sometimes. Where the DRS count going negative during a quarter is somewhat hidden.

  • Between 4/30/2022 and 5/26/2022 the DRS count went -3,783,592 shares
    • Somewhat hidden as it is an unofficial SEC filing DRS count. It was the first visit to GameStop HQ to view the list of stockholders.
  • Sometime Aug/Sep/Oct 2022 DRS count went -700,012 shares
    • Somewhat hidden as the positive offset was due to whale #1. Whale #1 prevented the DRS count going negative when their 1.2 million DRS completed mid-August 2022.
Date DRS count Source DRS shares drained
10/30/2021 20,800,000 Form 10-Q
1/29/2022 35,600,000 Form 10-K
4/30/2022 50,800,000 Form 10-Q
5/26/2022 47,016,408 List of stockholders Yes. Funny volume surrounding 5/26/2022
7/30/2022 71,300,000 Form 10-Q
8/15/2022 72,500,012 Whale #1 DRS'd 1,200,012 shares Yes - draining occurred sometime in Aug, Sep, and/or Oct 2022. Whale #1's DRS prevented the official DRS count being negative this quarter.
10/29/2022 71,800,000 Form 10-Q Funny volume surrounding 10/31/2022
3/22/2023 76,000,000 Form 10-K
4/21/2023 76,265,982 List of stockholders
6/1/2023 76,600,000 Form 10-Q
6/20/2023 75,329,434 Mainstar rugpull -1,270,566 Yes
8/31/2023 75,400,000 Form 10-Q
11/30/2023 75,400,000 Form 10-Q Yes - draining occurred sometime in Sep, Oct, and/or Nov 2023. Funny volume surrounding 11/29/2023

Tinfoil thoughts as we do not have access to see daily changes in the list of stockholders, otherwise we could see if some accounts are draining on certain days.

  • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
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1 comments

  • We have DRSed the pre-split float and now the score is like a pinball machine on tilt 🤣😆🤣

    Surely this is proof of an invisible hand guiding the free market 🤣😆🤣

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