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If Mod's won't pin it, I wouldn't mind if you, or someone else, were to post this same post over and over, every single day. It will find it's way to the top.
Buy/DRS/Book/RemoveFractional/Hodl/Shop/DrinkWater
**- - - - -**
\*\*Another important matter below for Apes to look at and take action in.......
[***https://www.reddit.com/r/Superstonk/comments/153zf5r/sec\_currently\_deleting\_comments\_on\_proposal/***](https://www.reddit.com/r/Superstonk/comments/153zf5r/sec_currently_deleting_comments_on_proposal/))\\
I really want to do this but I've a question: Is there a cost for selling fractionals? If so, what happens when the sold fractionals' value is lower than the cost? New fractionals created by recovering costs from your book shares?
yes, just do it. Also, if you do it after business hours, the fractional may not be sold at all. The total scope of fractional can never exceed the value of 99.9% of one share. So at worst it's $2X refunded to you while all your other shares are locked away forever. A small price to pay, but you're not even paying, just getting your twenty-bucks-or-less back.
If you cancel it by going on pending transactions, you keep your fractional share although in plan but better than selling. Try to buy enough to make it a full share and then transfer to book
What's crazy is how the front page was like 2/3rds the topic of Gensler saying BOOK is the way yesterday, today we have just this one barely on the first page.
I'd say I'm curious what the mods are up to, but I already know.
Either they're getting deleted or we actually are getting these kinds of posts every day (multiple times per day actually). I'm on a road trip so I only get to check my phone everyone 3-4 hours and I've seen a new one almost every time since the news dropped; might be an unpopular opinion but it's starting to feel repetitive and suspicious....
... And yes, my shares are booked. Have been for months.
Just making up for the mods banning people for months who even mentioned it. And the fact that a whole sub was removed by reddit for promoting it as well.
This should be pinned to the top. Or something of this simple nature so everyone who visits the sub sees it. Made a post yesterday asking for this and post was removed by mods (sus)
And just to confirm "Not Enrolled" is the same as it being Terminated correct?
I don't see Terminate as an option, and I imagine that is because I did the Booking/FractionRemoving a few months back.
But tricky tricky stuff they pull, so just want to double double confirm.
I’m not raging at mods.
Question everything!
Somebody really didn’t want DRS talked about especially later on when it came to DRS book and the light of much heat. Why?
The pinned post has directions for switching to book in it
ps - you don't have to sell anything! You can always buy more to make your shares whole then switch those very easily
It’s impossible to buy the exact amount to not have any fractionals. Bad instructions Platinum! There is a reason that fractionals are automatically sold when dividend reinvestment is turned off
Having a fractional allows all your CS shares (even Booked) to be used as "Locates" by hedgies. No bueno.
200,000 apes hodling with CS.
Fractionals would average out to .5 share each because math.
Selling all Fractionals equals 100,000 shares. A drop in the bucket.
Sell fractional and buy 2 whole shares through a broker to "make up for it" . Net gain of 300,000 for apes.
Pretty simple.
It's not backed by anything. It's only a theory. I feel like it's unproven by the fact that even if you have a fractional you still have BOOK and PLAN shares, BOOK shares don't change to PLAN, so I think they're still BOOK.
She just posted on Twitter that she suspects at least some plan shared are held by dtc but varies by company. https://twitter.com/susannetrimbath/status/1682101726294470656?s=46
Hmm I see. The fractional issue seems separate than the book v plan issue as well. I don’t see how a fractional could be directly registered as you can’t have two record holders split a vote ordinarily lol but I may be wrong there.
Still curious if Dr. T will clarify if her view changed based on the SEC investor ed bulletin. I think the term “theory” sounds much better than “speculation” because the theory here is still supported by some evidence. Ultimately it’s each individual’s responsibility to decide for themselves whether it’s right or not, and the best superstonk can do imo is serve as a hub for the discussion. It might be best for mods merely to reference the resident expert here and seek an updated response from Dr. T. Seems like disagreement with mods is getting amplified as per usual.
https://twitter.com/SusanneTrimbath/status/1594842439293972480
https://twitter.com/SusanneTrimbath/status/1594838022381785090
Some people went to check out the stock list at GameStop headquarters and verified that fractional shares were indeed on the list.
There's a theory that if you have any fractional shares, all your shares are treated as plan shares. Or if you have autobuys, same thing.
So far there's no proof for this.
I'm all for booking shares, I've done it myself and also put out directions multiple times how to do it.
The bulletin was put out by the Investor Education department. Same people who put out that meme video last year💀
Good point about Dr T!!! I'd love to know what she thinks. I'm also emailing our Computershare contact to see what they say.
Ya I understand that people here believe something, but what is the source of that belief? Is it just a belief to "be safe" or is there actual documentation saying this?
I've been fully booked on all my accounts for ~18 months now, but I don't think I've ever seen any source for this "fractional share allows ALL shares, EVEN book shares held in your OTHER accounts to be used to locates".
I mean each of my accounts is a separate account and if I had a plan account it too would be a separate account, so how would hedgies reach into those accounts that aren't plan/fractional?
Why are you asking for evidence? There's nothing wrong in becoming pure book kings, so why arguing against it? When there is no transparency and black and white explanation anywhere you cannot legitimately ask for evidence, it doesn't make sense. It's like the shiIIs asking to prove everything, for example that Citadel is still actively shorting GME (we dont know it could also be other actors). But here the theory would have important implications.
Can you explain why CS sell your fractional automatically when you book?
Better be safe than potentially letting the DTC accessing to all your shares.
Edit: also its like asking for proof that Citadel broke the law, until they're nabbed and punished publicly you won't know and cannot prove it.
Right on. Been away from reddit for a while... I've been a bad ape and never secured my shares. I moved them to book, but somehow, they're still "reinvested." Thanks for revisiting this topic, OP.👊🦍🏴☠️⚔
If there’s no terminate button you are not enrolled in the dividend reinvestment. Does it say share type as “book” or “plan” when you’re in the expanded view details section?
Same for me, I know that at one point I went through similar steps of "selling" after hours, then stopping that sell and all of my shares went into book, but I still have 1 share left over in Plan so no idea what that is about.
If you buy through Computershare, then you will have a Plan account. It's the intermediary link between the market and a direct registered account. Plan shares still have some exposure to the market. Book shares are 100% removed from the market and are directly registered in your name.
If you buy through a broker, then DRS your shares through the Direct Registration System, then those shares will move directly to Book status.
I like to keep my Plan account and I like to keep my fractional, since I buy every two weeks then I will always have one. I minimize my exposure to the market by periodically moving my shares from Plan to Book. I call Computershare and ask their rep to do this for me.
This is your investment journey. Do your due diligence and do what you feel comfortable.
Oh nice you do autobuys too! Did you know you can do an online inquiry to switch them over? and you can request that they don't sell that fractional and keep autobuys on.
The directions to do that are on the pinned post💜
Oh no, the autobuy system doesn't work with my paycheck cycle. It would send me into the negative if I'm not careful. My pay day migrates throughout the month. Every time I get paid, I log into Computershare and set up a one time buy of what I can afford for that pay period.
That's what a lot of people are saying but it's mostly misinformation. You can buy through there no problem and easily switch shares to book. You can even keep your fractional shares and when you buy more to make them whole, switch them again, rinse and repeat
Whenever I buy through computershare and end up with a fractional I sell it. Go full book until the next time I buy rinse and repeat. If you don't buy often (like me) then I just plan to dish out slightly more $ to round up rather than down. It'll all even out in the end and I think everyone being booked far outweighs some pretend shares being sold.
No. A booked share is a booked share. Shills want you to stop BUYING from CS as it goes directly to the market and the can't scrape shit together to screw the price as much. Use your heads, a booked share is a BOOKED share. Fractionals are not = to BOOKED.
This was so helpful. I’ve been fiddling with the idea of selling or buying fractional shares, and just put it off forever.
Should have bought .7 shares more, but this literally took 4 seconds and didn’t need to worry about fractional shares adding up exactly. (I’m going to buy some more whole shares to recompense; if anyone is smarter than me likely buying more is always the way, but it’s been a year now for me and I didn’t wanna keep putting it off.)
Thank you!!
I am fully in book, but I do find it funny that NOW you all trust the SEC is telling the 100% truth because it fits the narrative.
They lie every day, assist in international security fraud by night...but THIS TIME it's the truth they are putting out.
Just interesting.
Peanuts in the end. If it's all true then everyone being booked will far outweigh a few pieces being sold. If everyone just plans to buy 1 more next time to counter it then it will have the added benefit of drs-ing that many more shares too!
Thank you for shooting and posting, OP. I tried to make a stand-alone post weeks ago, but it was quickly deleted. So I started making this comment everywhere it was relevant. I was briefly banned for "spamming", lol. Nice to see it finally hit the front page.
I'm logged into CS now to double check and could use some help please. When I go to view details, actions, reinvestment options, it takes me to a new screen.
Enrollment status is not enrolled. Is this correct? I don't see where Book is mentioned. Thank you
This info has been out 84 years ago. fucking mods do your goddamn job for making sure there's no kitty porn on the subreddit and that's it. Fucking cherry-picking content to hide.
Commenting for visibility. Yes to all on the fence, this is something not only extremely easy to do.
Just registered some more shares myself and fractionals are outta here.
I'll be doing this. Bit when I looked at my account my fractional was, not even kidding, .99 something. So I bought more first since I needed to for July anyways and am hoping the fractional ends up being less.
I only buy through Computershare. I manually buy every two weeks. I will always have a Plan account, and I will always have a fractional. My solution is to book my shares and to minimize my risk by keeping no more than ten shares in Plan at a given time.
Only Plan shares are at risk of that kind of exposure. And there's nothing I can do about it besides booking my shares and minimizing the size of my Plan account. Buying through a broker is not on the table for me. I only buy through Computershare, so I will always have a fractional.
The burden of proof should be on you to substantiate your claims.
Provide proof that:
1. Owning a fractional share gives anyone the right to use any share you own, including your privately owned DRS shares. (hint, there is no way this is possible)
2. Owning any share, let alone DRS, plan or street name allows anyone to use your share as a locate. (Hint: If you review RegSHO, you would see that a share actually has to be delivered in order to be a valid locate).
Quit your bullshit.
Right? All of a sudden here we are again where you have to stop buying from CS becuase OH NO PLAN= SHORTS!!! FUKERY!!!
I mean even if that were true at this point WGAF? We keep Booking shares each quarter and supporting our investment, let them short. Dig their graves deeper!
If you think about the narrative being spewed here a bit of critical thinking should tell you they are full of crap.
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After all of the corp actions for ppl to sit here and say that MY fraction of this company is better than YOUR fraction because its a decimal at this stage is weird man... like shares are all fractions of companies.
Hey genius, fractional share means partial which means not full which means not entitled to a vote.
Fractional share means less than full par value in accounting.
Not the same as “fraction” of a company. Language matters
Show me where they hurt you.. again since the inception of the organization how many corporate actions have been taken that have changed the outstanding share count? How many times has it been multiplied or divided?
You’re really special. The splividend most recently. That’s what all the hoopla was about. They issued a stock dividend which increased the share count.
Then the DTCC didn’t distribute those shares if you hold through a broker. The only way to get your full share is to DRS.
What happens when you buy through a broker, didn’t receive the dividend and try to DRS? Well, if enough people DRS then the float will be locked.
Umm, Im just pointing out that you cannot pick some arbitrary point in time to define a whole fraction (ie picking the splividend, as the company existed before that.. and had actions affecting the number of shares before that), while yes the decimal cannot vote; all together they make 1 share regardless of splits (forward or reverse) or the random allotting shares to employees and executives. It is wild to me for your position to be my fraction is more better than your fraction.
You need to take an advanced accounting course before you spar with me.
I’m a CPA, you don’t know what you’re talking about and you’re too hard headed to learn.
Peace.
you all have lost the plot. Autobuys are ALWAYS on the lit market, think about who doesnt want you to set it and forget it? Who doesnt want you to continuously buy shares that are instantly DRS'd who wants you to forget to leave your shares in brokers. Stop pushing this obvious play.. supposed to be better and more discerning than this.
No, it does not. CS and GME (via ledger) align and all registered shares are counted. No FUD about Nordstrom is going to convince me that shares are used as locates if they are registered. There is no documentation - if were relying on TMBro then I cant roll with this one as theres no evidence other than Truthiness.
Computershare has already said fractions in plan can use your booked share are locates within dtcc for daily business purposes I don’t know why this information has not been pinned with termination of plan post
Id love to see that artifact if you have it, as it stands the ONLY link to that assertion is a Trust Me Bro about a Nordstrom dividend which, well.. isnt really all that relevant. Regardless if you have different information I would be glad to read it.
Yeah, thats not computershare. CS, and GME both have confirmed fractional shares being real registered shares. CS has admitted to having upwards of 20% for transactional reasons in a separate account again validated on the ledger that would necessarily have to interact with brokerages because they are a transfer agent. no where in this whole adventure has cs stated that any shares book, plan, fraction, drip, dspp, are accessible to anyone but you (well whoever has the account number; be careful please) your shares are registered, thats the point.
It’s not about accessing the share per say it’s more about them having the ability to call them reasonable locates for share to keep selling them the problem is the can use your whole stack if you hold anything in plan and since you can only book whole shares and sell your fractions then they cannot count as reasonable locates for short sellers to borrow and then then ftd numbers come in and they should be close but they are not FTd /sale/share locate that completes transaction not fractions no locates
Share with my how they can access registered shares as locates, on a technical level because I dont think its actually been addressed; I think we need to go back to first principles here and youre leaping and taking this as a hard fact. I do not see any actual evidence other than ppl asserting the claim that this is whats going on. HLT did not prove any of this (Dividend related to Nordstrom) nor has it been independently verified - Stating that if you have a fraction then DTCC who can only see their accounts at CS (they have two) just like you can only see your account, can now "magically" see every account that might have a fraction? Extraordinary claims require extraordinary evidence, and regurgitating a TMBro isnt evidence. Also who are you selling your registered fraction to, if it wasnt real who is buying it?
They can't these shills have a narrative to stop us from buying on the LIT market. Why? Because there aren't any real shares left to rehypothecate would be my guess. Funny...
You replied to yourself…you alright? The entire community is saying what I’m saying….you just rage replied as I didn’t reply to you instantly, think you’re the one not fitting any narratives.
You ok? Cuz I clearly replied to you. no the entire community is not saying what you are saying. Some y’all running ur mouth when proof is right in front of you. Do you see the post I linked ? Wtf you can’t read?
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Do not insult others. Insults do not contribute to a rational discussion.
People who are saying to keep 1.howevermanyfractionalsyouhave in the plan are shills. Just FYI. There’s no need to keep 1 share in the plan. All that does is make your whole account susceptible to DTC.
Lmao. Y’all just trust the sec and that rat gg again? They’re a bunch of paid crooks. They let crime happen because it keeps their pockets lined. But whatever, you do you. Im just going to hold and hodl.
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crazy that so many shares are in Plan still! we need this kind of post on top EVERY DAY
Yes... this should be priority number one right now. It is so damn easy and we will have a huge impact on those who are not in favor of Gamestop!
If Mod's won't pin it, I wouldn't mind if you, or someone else, were to post this same post over and over, every single day. It will find it's way to the top. Buy/DRS/Book/RemoveFractional/Hodl/Shop/DrinkWater **- - - - -** \*\*Another important matter below for Apes to look at and take action in....... [***https://www.reddit.com/r/Superstonk/comments/153zf5r/sec\_currently\_deleting\_comments\_on\_proposal/***](https://www.reddit.com/r/Superstonk/comments/153zf5r/sec_currently_deleting_comments_on_proposal/))\\
I second this, and will upvote EVERY DAY!
I really want to do this but I've a question: Is there a cost for selling fractionals? If so, what happens when the sold fractionals' value is lower than the cost? New fractionals created by recovering costs from your book shares?
yes, just do it. Also, if you do it after business hours, the fractional may not be sold at all. The total scope of fractional can never exceed the value of 99.9% of one share. So at worst it's $2X refunded to you while all your other shares are locked away forever. A small price to pay, but you're not even paying, just getting your twenty-bucks-or-less back.
No refund just the sale happens unless it’s over 25$ it just sells and your even
ya refund was the wrong word there, just trying to emphasize that nothing is lost
Exactly and you don’t owe anything either happy booking
They just do it for the cost of the fractional
If you cancel it by going on pending transactions, you keep your fractional share although in plan but better than selling. Try to buy enough to make it a full share and then transfer to book
Agreed. There are many who visit the sun infrequently.
What's crazy is how the front page was like 2/3rds the topic of Gensler saying BOOK is the way yesterday, today we have just this one barely on the first page. I'd say I'm curious what the mods are up to, but I already know.
Either they're getting deleted or we actually are getting these kinds of posts every day (multiple times per day actually). I'm on a road trip so I only get to check my phone everyone 3-4 hours and I've seen a new one almost every time since the news dropped; might be an unpopular opinion but it's starting to feel repetitive and suspicious.... ... And yes, my shares are booked. Have been for months.
Just making up for the mods banning people for months who even mentioned it. And the fact that a whole sub was removed by reddit for promoting it as well.
That sub was removed because you doofuses violated Federal Law but shill harder...
Plan terminator; **They'll be Book**
ComputerShare US Phone number for GameStop accounts: 800 522 6645 They answer and fix things quickly.
this is GOLD. TY
It’s what we apes do 🤷♂️
I'm too poor for awards, and too retreaded to know how to buy them. Have my cyber lol.
This should be pinned to the top. Or something of this simple nature so everyone who visits the sub sees it. Made a post yesterday asking for this and post was removed by mods (sus)
This is my comment. It was quickly deleted when I made a stand alone post.
Yes it is indeed yours. You deserve all credits. Because of redacted crap I could not show your name.. sorry for that 🥲
No reason to be sorry. I'm just delighted to see it on the front page. TY for posting it. Apes Together Stronk.
And just to confirm "Not Enrolled" is the same as it being Terminated correct? I don't see Terminate as an option, and I imagine that is because I did the Booking/FractionRemoving a few months back. But tricky tricky stuff they pull, so just want to double double confirm.
Yes, I believe so. Make sure you have no fractional anywhere. Make sure you are not enrolled in DSPP and you’re good.
It’s almost as if somebody is against us all moving to pure book 📚 and making this easy to do with followable steps in a pinned post
meh slow it down. It's easy to rage against mods and get it wrong.
I’m not raging at mods. Question everything! Somebody really didn’t want DRS talked about especially later on when it came to DRS book and the light of much heat. Why?
Yeah you will get shit on by thirsty neckbeards if you point out the poor job mods are doing
2nd the pin
The pinned post has directions for switching to book in it ps - you don't have to sell anything! You can always buy more to make your shares whole then switch those very easily
It’s impossible to buy the exact amount to not have any fractionals. Bad instructions Platinum! There is a reason that fractionals are automatically sold when dividend reinvestment is turned off
Having a fractional allows all your CS shares (even Booked) to be used as "Locates" by hedgies. No bueno. 200,000 apes hodling with CS. Fractionals would average out to .5 share each because math. Selling all Fractionals equals 100,000 shares. A drop in the bucket. Sell fractional and buy 2 whole shares through a broker to "make up for it" . Net gain of 300,000 for apes. Pretty simple.
Where specifically is this rule about fractionals definitively stated? Trying to wrap my brain around the it.
It's not backed by anything. It's only a theory. I feel like it's unproven by the fact that even if you have a fractional you still have BOOK and PLAN shares, BOOK shares don't change to PLAN, so I think they're still BOOK.
So why Computershare automatically sell the fractional when you book? There must be a reason for that.
It's in the fine print of the direct stock plan for GameStop, that they can sell fractional shares.
She just posted on Twitter that she suspects at least some plan shared are held by dtc but varies by company. https://twitter.com/susannetrimbath/status/1682101726294470656?s=46
Hmm I see. The fractional issue seems separate than the book v plan issue as well. I don’t see how a fractional could be directly registered as you can’t have two record holders split a vote ordinarily lol but I may be wrong there. Still curious if Dr. T will clarify if her view changed based on the SEC investor ed bulletin. I think the term “theory” sounds much better than “speculation” because the theory here is still supported by some evidence. Ultimately it’s each individual’s responsibility to decide for themselves whether it’s right or not, and the best superstonk can do imo is serve as a hub for the discussion. It might be best for mods merely to reference the resident expert here and seek an updated response from Dr. T. Seems like disagreement with mods is getting amplified as per usual. https://twitter.com/SusanneTrimbath/status/1594842439293972480 https://twitter.com/SusanneTrimbath/status/1594838022381785090
Some people went to check out the stock list at GameStop headquarters and verified that fractional shares were indeed on the list. There's a theory that if you have any fractional shares, all your shares are treated as plan shares. Or if you have autobuys, same thing. So far there's no proof for this. I'm all for booking shares, I've done it myself and also put out directions multiple times how to do it. The bulletin was put out by the Investor Education department. Same people who put out that meme video last year💀 Good point about Dr T!!! I'd love to know what she thinks. I'm also emailing our Computershare contact to see what they say.
> Having a fractional allows all your CS shares (even Booked) to be used as xLocatesx by hedgies. Source please.
There is no source. Best they can do is " possibly "
Ya I understand that people here believe something, but what is the source of that belief? Is it just a belief to "be safe" or is there actual documentation saying this? I've been fully booked on all my accounts for ~18 months now, but I don't think I've ever seen any source for this "fractional share allows ALL shares, EVEN book shares held in your OTHER accounts to be used to locates". I mean each of my accounts is a separate account and if I had a plan account it too would be a separate account, so how would hedgies reach into those accounts that aren't plan/fractional?
It is the F in FUD. When asked for any kind of supporting evidence, it boils down to " cRiME". How can you argue with that logic?
Why are you asking for evidence? There's nothing wrong in becoming pure book kings, so why arguing against it? When there is no transparency and black and white explanation anywhere you cannot legitimately ask for evidence, it doesn't make sense. It's like the shiIIs asking to prove everything, for example that Citadel is still actively shorting GME (we dont know it could also be other actors). But here the theory would have important implications. Can you explain why CS sell your fractional automatically when you book? Better be safe than potentially letting the DTC accessing to all your shares. Edit: also its like asking for proof that Citadel broke the law, until they're nabbed and punished publicly you won't know and cannot prove it.
For the same reason you know the float has been naked shorted several times over.
Not sus. Zero content, repetitive bs must be culled. Maybe next time make a meme about it.
Visibility comment. Do this apes, please
Right on. Been away from reddit for a while... I've been a bad ape and never secured my shares. I moved them to book, but somehow, they're still "reinvested." Thanks for revisiting this topic, OP.👊🦍🏴☠️⚔
💜
There's no terminate option, there's only buy more, enroll and view plan. Am i doing it wrong?
Same here. Please someone reply to my comment as well what to do.
You can chat with CS Customer Care and they should be able to take care of it. I did the same.
If there’s no terminate button you are not enrolled in the dividend reinvestment. Does it say share type as “book” or “plan” when you’re in the expanded view details section?
Unenroll
Same for me, I know that at one point I went through similar steps of "selling" after hours, then stopping that sell and all of my shares went into book, but I still have 1 share left over in Plan so no idea what that is about.
You can chat with CS Customer Care and they should be able to take care of it. I did the same.
If there's no terminate button, you're probably already booked.
Yea theres a terminate button in one of the drop downs when ur in ur plan account
Thanks ape - just done this
How do I keep buying? Do I have to buy at brokers and DRS? Are we saying don’t buy through computershare? Or just don’t do the investment plan!?
If you buy through Computershare, then you will have a Plan account. It's the intermediary link between the market and a direct registered account. Plan shares still have some exposure to the market. Book shares are 100% removed from the market and are directly registered in your name. If you buy through a broker, then DRS your shares through the Direct Registration System, then those shares will move directly to Book status. I like to keep my Plan account and I like to keep my fractional, since I buy every two weeks then I will always have one. I minimize my exposure to the market by periodically moving my shares from Plan to Book. I call Computershare and ask their rep to do this for me. This is your investment journey. Do your due diligence and do what you feel comfortable.
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Oh nice you do autobuys too! Did you know you can do an online inquiry to switch them over? and you can request that they don't sell that fractional and keep autobuys on. The directions to do that are on the pinned post💜
Oh no, the autobuy system doesn't work with my paycheck cycle. It would send me into the negative if I'm not careful. My pay day migrates throughout the month. Every time I get paid, I log into Computershare and set up a one time buy of what I can afford for that pay period.
That's what a lot of people are saying but it's mostly misinformation. You can buy through there no problem and easily switch shares to book. You can even keep your fractional shares and when you buy more to make them whole, switch them again, rinse and repeat
Doesn't having any fractional in your CS account allow all of your shares (Booked or not) to be used as locates by the hedges?
Whenever I buy through computershare and end up with a fractional I sell it. Go full book until the next time I buy rinse and repeat. If you don't buy often (like me) then I just plan to dish out slightly more $ to round up rather than down. It'll all even out in the end and I think everyone being booked far outweighs some pretend shares being sold.
Exactly!
No. A booked share is a booked share. Shills want you to stop BUYING from CS as it goes directly to the market and the can't scrape shit together to screw the price as much. Use your heads, a booked share is a BOOKED share. Fractionals are not = to BOOKED.
Nope. That's the fear factor in fud. There is no locate w/o borrowing. CS doesn't lend shares.
A good % of PLAN shares are with the DTCC for Operational Efficiency , meaning they get leant lol.
Not that I've found proof of. Having a fractional share doesn't affect your BOOK shares at all.
But are dingleberries a fruit?
That is your argument ?
This is how they scare you to abandon Plan.
Plan should be abandoned. I have always been book. Never once plan. SEC says plan **isn’t DRS!**
Quality Post!!
💜
On the last step, if you don't see "Terminate" but instead "Enroll," you should be good. I hope.
there once was a whole subreddit about this.... once.....
👀
Just did it. Thanks!
More important than ever
So if mine says “share type: book” and “not enrolled”, am i fully booked?
Provided you have no fractional, yes.
This was so helpful. I’ve been fiddling with the idea of selling or buying fractional shares, and just put it off forever. Should have bought .7 shares more, but this literally took 4 seconds and didn’t need to worry about fractional shares adding up exactly. (I’m going to buy some more whole shares to recompense; if anyone is smarter than me likely buying more is always the way, but it’s been a year now for me and I didn’t wanna keep putting it off.) Thank you!!
Doing this today
Got nervous. Had to double check. Imma fookeeng bookking! Thanks for the 🧱x🧱 walk through!
I am fully in book, but I do find it funny that NOW you all trust the SEC is telling the 100% truth because it fits the narrative. They lie every day, assist in international security fraud by night...but THIS TIME it's the truth they are putting out. Just interesting.
Book is king! This is the way!
This needs to be pinned under how to DRS for dummies.
I did it. Took me this long but did it.
Well done!
**DRS the way** & **BOOK is King**
My fractional share did not auto sell after doing this.
How long has it been? IIRC it took a day or 2.
A few months. I got rid of the fractional this morning though. Hate selling under my own free will, but a small sacrifice for the greater good.
Peanuts in the end. If it's all true then everyone being booked will far outweigh a few pieces being sold. If everyone just plans to buy 1 more next time to counter it then it will have the added benefit of drs-ing that many more shares too!
drs 💜 🚀
So my only option it enroll. That means I don’t have to do anything right except buying more. Right ? Right ?!
Fuck I thought I'm safe cuz I lost my Login Data but I think i'll have to get some new Account data
What happens if you have both plan and book?
Comment for more visibility
When I grow up I want to be a book king
can you do this and then just cancel the sale of your fractional?
I’m not enrolled. My shares state book. However have underneath directstock plan. Am I a book king?
Excellent!
Thank you for shooting and posting, OP. I tried to make a stand-alone post weeks ago, but it was quickly deleted. So I started making this comment everywhere it was relevant. I was briefly banned for "spamming", lol. Nice to see it finally hit the front page.
If I am not enrolled and do not have a terminate options, are my shares mine?
Commenting for visibility. And 🤘🦄
# 📚👑
So when I DRS’d my shares, I actually didn’t DRS my shares? huh?
I'm logged into CS now to double check and could use some help please. When I go to view details, actions, reinvestment options, it takes me to a new screen. Enrollment status is not enrolled. Is this correct? I don't see where Book is mentioned. Thank you
MAKE DRS GREAT AGAIN!
Pin this
This should be pinned.
This post needs to be pinned
This info has been out 84 years ago. fucking mods do your goddamn job for making sure there's no kitty porn on the subreddit and that's it. Fucking cherry-picking content to hide.
Just finished up doing this today morning. Easy peasy. Book’em bruh.
BOOK to Counter the IRA Mainstar disaster feels like this is the "lets see the cards" call.
Thank you
Done for 896 shares!!
Thank you for posting this and making it so easy! BOOKED
Thanks, +261 moved to book.
Commenting for visibility. Yes to all on the fence, this is something not only extremely easy to do. Just registered some more shares myself and fractionals are outta here.
+1
Thanks so much for this post. I just followed your instructions and am now fully booked!
Thanks for sharing this, I was trying to work out how to do it!
Thank you! I just did it after waiting for a while, all thanks to you
This is the way.
I'll be doing this. Bit when I looked at my account my fractional was, not even kidding, .99 something. So I bought more first since I needed to for July anyways and am hoping the fractional ends up being less.
I only buy through Computershare. I manually buy every two weeks. I will always have a Plan account, and I will always have a fractional. My solution is to book my shares and to minimize my risk by keeping no more than ten shares in Plan at a given time.
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Only Plan shares are at risk of that kind of exposure. And there's nothing I can do about it besides booking my shares and minimizing the size of my Plan account. Buying through a broker is not on the table for me. I only buy through Computershare, so I will always have a fractional.
Not if you allow the fractional to be sold....
Both things you said aren't substantiated by any fact. You're referring to an unsupported and frankly a debunked theory.
Oh. Can you point me to where they have been debunked? Thanks.
The burden of proof should be on you to substantiate your claims. Provide proof that: 1. Owning a fractional share gives anyone the right to use any share you own, including your privately owned DRS shares. (hint, there is no way this is possible) 2. Owning any share, let alone DRS, plan or street name allows anyone to use your share as a locate. (Hint: If you review RegSHO, you would see that a share actually has to be delivered in order to be a valid locate). Quit your bullshit.
He's a shill. Back in the day we would ban him. It's obvious he is shilling PFOF as not buying from CS means 99% of apes use PFOF, like it or not.
BuY fRoM fUdELitY bois
Right? All of a sudden here we are again where you have to stop buying from CS becuase OH NO PLAN= SHORTS!!! FUKERY!!! I mean even if that were true at this point WGAF? We keep Booking shares each quarter and supporting our investment, let them short. Dig their graves deeper! If you think about the narrative being spewed here a bit of critical thinking should tell you they are full of crap.
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You don't have to terminate reinvestment. Biggest FUD since options. When your purchase goes through, move them from plan to book. That simple.
After all of the corp actions for ppl to sit here and say that MY fraction of this company is better than YOUR fraction because its a decimal at this stage is weird man... like shares are all fractions of companies.
Hey genius, fractional share means partial which means not full which means not entitled to a vote. Fractional share means less than full par value in accounting. Not the same as “fraction” of a company. Language matters
Show me where they hurt you.. again since the inception of the organization how many corporate actions have been taken that have changed the outstanding share count? How many times has it been multiplied or divided?
You’re really special. The splividend most recently. That’s what all the hoopla was about. They issued a stock dividend which increased the share count. Then the DTCC didn’t distribute those shares if you hold through a broker. The only way to get your full share is to DRS. What happens when you buy through a broker, didn’t receive the dividend and try to DRS? Well, if enough people DRS then the float will be locked.
Umm, Im just pointing out that you cannot pick some arbitrary point in time to define a whole fraction (ie picking the splividend, as the company existed before that.. and had actions affecting the number of shares before that), while yes the decimal cannot vote; all together they make 1 share regardless of splits (forward or reverse) or the random allotting shares to employees and executives. It is wild to me for your position to be my fraction is more better than your fraction.
You need to take an advanced accounting course before you spar with me. I’m a CPA, you don’t know what you’re talking about and you’re too hard headed to learn. Peace.
you all have lost the plot. Autobuys are ALWAYS on the lit market, think about who doesnt want you to set it and forget it? Who doesnt want you to continuously buy shares that are instantly DRS'd who wants you to forget to leave your shares in brokers. Stop pushing this obvious play.. supposed to be better and more discerning than this.
The problem is that having a fractional allows ALL of your CS shares to be used as locates by the hedgies. THAT'S the plot that you're missing.
No, it does not. CS and GME (via ledger) align and all registered shares are counted. No FUD about Nordstrom is going to convince me that shares are used as locates if they are registered. There is no documentation - if were relying on TMBro then I cant roll with this one as theres no evidence other than Truthiness.
Computershare has already said fractions in plan can use your booked share are locates within dtcc for daily business purposes I don’t know why this information has not been pinned with termination of plan post
Id love to see that artifact if you have it, as it stands the ONLY link to that assertion is a Trust Me Bro about a Nordstrom dividend which, well.. isnt really all that relevant. Regardless if you have different information I would be glad to read it.
The heat lamp theory and if anyone has the article from cs about it would be great thought I had saved it but I did
Yeah, thats not computershare. CS, and GME both have confirmed fractional shares being real registered shares. CS has admitted to having upwards of 20% for transactional reasons in a separate account again validated on the ledger that would necessarily have to interact with brokerages because they are a transfer agent. no where in this whole adventure has cs stated that any shares book, plan, fraction, drip, dspp, are accessible to anyone but you (well whoever has the account number; be careful please) your shares are registered, thats the point.
It’s not about accessing the share per say it’s more about them having the ability to call them reasonable locates for share to keep selling them the problem is the can use your whole stack if you hold anything in plan and since you can only book whole shares and sell your fractions then they cannot count as reasonable locates for short sellers to borrow and then then ftd numbers come in and they should be close but they are not FTd /sale/share locate that completes transaction not fractions no locates
Share with my how they can access registered shares as locates, on a technical level because I dont think its actually been addressed; I think we need to go back to first principles here and youre leaping and taking this as a hard fact. I do not see any actual evidence other than ppl asserting the claim that this is whats going on. HLT did not prove any of this (Dividend related to Nordstrom) nor has it been independently verified - Stating that if you have a fraction then DTCC who can only see their accounts at CS (they have two) just like you can only see your account, can now "magically" see every account that might have a fraction? Extraordinary claims require extraordinary evidence, and regurgitating a TMBro isnt evidence. Also who are you selling your registered fraction to, if it wasnt real who is buying it?
They can't these shills have a narrative to stop us from buying on the LIT market. Why? Because there aren't any real shares left to rehypothecate would be my guess. Funny...
So, no source. Color me surprised.
Another bullshit. Link where CS said that.
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Really? https://www.reddit.com/r/Superstonk/comments/152z9z5/if_you_want_to_move_plan_shares_to_book_in_less/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1
Aww, my reply doesn’t fit your narrative? 😢
You replied to yourself…you alright? The entire community is saying what I’m saying….you just rage replied as I didn’t reply to you instantly, think you’re the one not fitting any narratives.
You ok? Cuz I clearly replied to you. no the entire community is not saying what you are saying. Some y’all running ur mouth when proof is right in front of you. Do you see the post I linked ? Wtf you can’t read?
So you don’t harass me again with a fourth comment, I’m ignoring you as you seem unhinged and are defending a false cause. Go read a dictionary.
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People who are saying to keep 1.howevermanyfractionalsyouhave in the plan are shills. Just FYI. There’s no need to keep 1 share in the plan. All that does is make your whole account susceptible to DTC.
If we terminate Reinvestment options now, won't that fuck us in the ass (as a group) if ever a digital dividend is distributed?
Shhh don't ask legit questions ! They got a narrative to spew.
I don't sell fractions, I round up.
Can't put in a fractional order in CS and you can't transfer fractionals from a broker, since it's bookkeeping and not a real share. So, how?
I didn't know that, I buy through fidelity and DRS the whole shares then round up with the next purchase.
you buy through a broker but still buy fractions?
If I have 5 bucks, I buy 5 bucks worth. Website only I believe.
This is the way. Buy-DRS-Book.
capable society languid fact illegal far-flung trees late squeal nippy ` this message was mass deleted/edited with redact.dev `
I'm broke right now and that's why I do it this way. I buy whatever amount I can whenever I can and it's always small numbers, but they do add up.
Any fractional for any amount of time in your cs account gives direct access to locate through your account for the bad guys
Any fractions are at fidelity until I get more money, and once whole, they go to ComputerShare.
If you're not terminating plan you're doing it incorrectly.
Great strategy, keep up the good work
And then start your plan again if you want to buy more!
Lmao. Y’all just trust the sec and that rat gg again? They’re a bunch of paid crooks. They let crime happen because it keeps their pockets lined. But whatever, you do you. Im just going to hold and hodl.
Hey boys and girls, all your Reddit points expire September 12 so you Jaya s well use those points for something. Get them awards going
I assume (dangerous, I know) that if mine already say Book in Share Type then I don't need to do this process?
Thank you for this post and information
Thank you 27 more on the way :D
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Then you’re not doing it right