8/11/2023 Estimated DRS count: 77,042,333 (using DRSbot total x 4.272)

8/11/2023 Minus 1.2m Mainstar: 75,771,767

The 4.272 multiplier comes from 6/1/2023 Form 10-Q divided by DRSbot 6/1/2023 total: 76,600,000 / 17,928,960 = 4.272

  • Mojojojo1993@lemmy.world
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    1 year ago

    Oh I don’t doubt that there is pure fuckery about. I just don’t see how slowly accumulating Drs at less than a mil a year stops the hedgies cheating at the system.

    True. There’s an awful lot of attacks on gme. However what will hurt the hedgies. Cause the short squeeze. That’s important

    • Repeated1642@lemmy.whynotdrs.org
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      1 year ago

      There is normal fatigue given there is no major news. Retail has finite money, and naturally we are going to see less and less DRS numbers. I agree DRS is one of the very few things Retail can and should do. We need to be patients and see how this play ends.

      I am quite happy with Cohen’s silence but after the latest and unexpected changes, especially the CEO replacement, I would expect some more feedback from them.

      No question, Market is completely rigged and controlled by a few and that can be seen by the erratic movements that repeatedly occur in trading. But I am starting to suspect that none really knows exactly what’s happening behind the scenes. I wouldn’t be much surprised if Algo’s took over control.

      • Mojojojo1993@lemmy.world
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        1 year ago

        They could be running right now. Nobody would know. System is running as it was designed.

        Yeah I think there should be statements to the shareholders. The ones who have kept the company going. They don’t need to tell the world their strategy but a bit of a heads up would do wonders for the morale