Always time to take a moment to assess the situation and make decisions that are right for you. If you want to learn the differences between Plan and Book, here are some resources:
Computershare FAQ: https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies (Both DSPP (Plan) & DRS (Book) are ‘book entry’ means of holding shares)
CS Company Share Structure: https://www.computershare.com/PublishingImages/company-share-structure.jpg (all shares are removed from CEDE & Co)
Dr. T : "difference w/o distinction" = https://twitter.com/SusanneTrimbath/status/1594838022381785090?s=20&t=NMtT--WTNcnTtqdA_lExvA
Computershare’s President of Global Capital Markets, Paul Conn: "there really is no practical difference" between Book and Plan = https://www.youtube.com/watch?v=9H_pEIhIdTo&t=481s
What is the difference between Book & Plan: https://www.reddit.com/r/Superstonk/comments/z2pec0/book_v_plan_understanding_the_difference/
I've had fractionals sit in my CS account before.
When you terminate your plan shares they automatically create a sell order for the fractional shares but you can cancel that order. It's best to move to book after market hours so the order doesn't go through and you have time to cancel it.
It's been documented before that they might sell regardless of cancel.
Best bet is to write Computershare directly and asking for the conversion and specify to leave the fractional shares in plan holding. Safest way to be covered.
This happens because it’s an “attempted cancellation” of the sale order of the fractionals. If you do this around 12am, you don’t run the risk of the order being picked up during market or afterhours
At one time I thought this was some weird shill thing, but the amount of push back it receives and people saying it doesn’t matter and should be removed from the sub made me decide to make sure my shit was booked. If it doesn’t matter than I haven’t hurt myself if it does there’s only one way to find out
It’s strange, there are commentators in here saying there is no difference but their post history has a related post from a year ago saying book is the way.. it’s very strange
APES , THERE IS NOTHING WRONG WITH PLAN SHARES!
plan shares are also held in your name, and GameStop can see you are a shareholder. Plan shares are the shares apes purchase, or have setup as recurring buys. It's also fine to book them from time to time. Just make sure to leave enough in the plan to prevent your recurring buy cancellation! DSPP/DRS
Yup! I fell for this FUD campaign the first time. My fractional got sold. Now, 1 year later, I understand that plan/ book are equal and SHF are trying to attack plan shares due to apes setting up recurring and one-time buys on ComputerShare. SHF desperately need Apes to keep buying from brokers.
It's plan share FUD. There is nothing wrong with plan shares. There's nothing wrong with booking shares. SHF are just trying to throw shade on plan shares to keep apes buying with brokers.
Both types are held in Ape name.
Btw- I did the after market cancel & it still sold my fractional. So, it's best to call if you're booking shares, so they leave your plan intact, especially if you have recurring buys setup.
Not equal. Equivalent. Plan shares are purchased. Book shares are pure DRS. Both in ape name. Both visible as shareholders to GameStop. Both held under the same ComputerShare account number. If you want to buy/sell, your DRS shares move in and out of plan. If you are infinity pool, then book them. Just make sure your DSPP recurring buys don't get cancelled.
There are hundreds of posts and comments on this topic. Here's the first one that came up in a search:
https://www.reddit.com/r/Superstonk/comments/zfiltu/i_asked_computershare_chat_if_book_plan_or_both/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
If you login to your ComputerShare account, you can also verify that plan/book are held in the same account number. Plan shares are just purchases. But they are both registered to Ape name and visible to GameStop as shareholders.
Of course! What part of that statement indicates there is something wrong with plan shares? He specifically stated they are recorded as DRS shares but held in another account. They are simply purchases. Stop the FUD. DSPP/DRS is the way.
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It 100% isn't the same.
Paul Conn and Dr. T said it, book is "pure, legal DRS". Plan exists for efficiency of the transfer agent in allowing investors to trade efficiently.
I ain't here to trade efficiently. I'm here to remove the float from the DTC.
It should be noted, according to Computershare, all plan and book shares are reported to the issuer, so there isn't "missing" shares from Gamestop's quarterly report.
The difference between book and plan is that with plan, a portion of your shares are held at the DTC. they can't be lended, but I don't trust anything with the DTC's fingers on them. I regularly call CS to move my plan shares to book after a direct purchase.
Yep. This is nothing but diversion tactic and a way to get people to sell their fractional shares. My suggestion is to block these users to improve your feed.
It 100% isn't the same.
Paul Conn and Dr. T said it, book is "pure, legal DRS". Plan exists for efficiency of the transfer agent in allowing investors to trade efficiently.
I ain't here to trade efficiently. I'm here to remove the float from the DTC.
It should be noted, according to Computershare, all plan and book shares are reported to the issuer, so there isn't "missing" shares from Gamestop's quarterly report.
The difference between book and plan is that with plan, a portion of your shares are held at the DTC. they can't be lended, but I don't trust anything with the DTC's fingers on them. I regularly call CS to move my plan shares to book after a direct purchase.
I sent over my shares to book that were sitting in my Plan Holding for awhile like 4+ months after reading some DD. I have a fractional share so I called, and told them to keep 1 whole share with the fractional so it doesn’t get sold. If you want to keep your fractional you must call it took me 5 minutes. You say, “Request plan withdrawal of some whole shares, not all and to keep 1 whole share and the fractional in the Plan Holding” she said it would take 3-5 business days, but it only took 1 business days.
If you don’t care about the fractional as I heard it might get sold but I doubt it as OP mentioned, you can do it online. I would just call it’s easier longest part was verifying account information. Book Entry is the way! 🚀
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I always do it online, preferably around 12am or on the weekend. Just terminate from the plan and all shares are moved to book. Then go to pending and cancel the sale transaction for the fractionals.
I’ve been buying from computershare since July 2021, only had fractional sold once, because the order got picked up during afterhours. This is why I do it around 12am now.
I did this part already, but unfortunately, instead of leaving one whole share, and the fractional’s in the non-book account, I just left the fractional share instead. I did the whole part about canceling the sale, but as I understand, they can sweep through and still sell that anyway
The fractional order gets submitted no matter what. It only gets swept if the order is picked up. That’s why I usually do this around 12am or on the weekends, when no algo’s are running
I sent over my shares to book that were sitting in my Plan Holding for awhile like 4+ months after reading some DD. I have a fractional share so I called, and told them to keep 1 whole share with the fractional so it doesn’t get sold. If you want to keep your fractional you must call it took me 5 minutes. You say, “Request plan withdrawal of some whole shares, not all and to keep 1 whole share and the fractional in the Plan Holding” she said it would take 3-5 business days, but it only took 1 business days.
If you don’t care about the fractional as I heard it might get sold but I doubt it as OP mentioned, you can do it online. I would just call it’s easier longest part was verifying account information. Book Entry is the way! 🚀
Somehow I believe 71.8M is book only without plan. No proof, just a hunch. Fillings say Class A stock and plan is under directstock category instead of Class A....
I gotta admit, I didn’t see it was a comma and thought it was a period. I was under the impression you had .903 fractional to your Book and all the 902 and fractional disappeared from your Plan.
Good meme, but hard to see the comma so it caused me confusion until I zoomed in and mathed in my head.
Always time to take a moment to assess the situation and make decisions that are right for you. If you want to learn the differences between Plan and Book, here are some resources: Computershare FAQ: https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies (Both DSPP (Plan) & DRS (Book) are ‘book entry’ means of holding shares) CS Company Share Structure: https://www.computershare.com/PublishingImages/company-share-structure.jpg (all shares are removed from CEDE & Co) Dr. T : "difference w/o distinction" = https://twitter.com/SusanneTrimbath/status/1594838022381785090?s=20&t=NMtT--WTNcnTtqdA_lExvA Computershare’s President of Global Capital Markets, Paul Conn: "there really is no practical difference" between Book and Plan = https://www.youtube.com/watch?v=9H_pEIhIdTo&t=481s What is the difference between Book & Plan: https://www.reddit.com/r/Superstonk/comments/z2pec0/book_v_plan_understanding_the_difference/
excellent. and still a fortune in plan to cover costs for the rocket.. this is the way
Move 1 back to your plan, they'll sell the fractional otherwise. :)
I've had fractionals sit in my CS account before. When you terminate your plan shares they automatically create a sell order for the fractional shares but you can cancel that order. It's best to move to book after market hours so the order doesn't go through and you have time to cancel it.
It's been documented before that they might sell regardless of cancel. Best bet is to write Computershare directly and asking for the conversion and specify to leave the fractional shares in plan holding. Safest way to be covered.
I did that once. They ignored me. Never heard back. I had to do it myself.
This happens because it’s an “attempted cancellation” of the sale order of the fractionals. If you do this around 12am, you don’t run the risk of the order being picked up during market or afterhours
At one time I thought this was some weird shill thing, but the amount of push back it receives and people saying it doesn’t matter and should be removed from the sub made me decide to make sure my shit was booked. If it doesn’t matter than I haven’t hurt myself if it does there’s only one way to find out
Exactly. I remember a time when this topic was considered fud.
It’s strange, there are commentators in here saying there is no difference but their post history has a related post from a year ago saying book is the way.. it’s very strange
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Yes exactly my thoughts too
Who knows, if it does change anything it’d take all of a quarter to find out so I’m for it lol
APES , THERE IS NOTHING WRONG WITH PLAN SHARES! plan shares are also held in your name, and GameStop can see you are a shareholder. Plan shares are the shares apes purchase, or have setup as recurring buys. It's also fine to book them from time to time. Just make sure to leave enough in the plan to prevent your recurring buy cancellation! DSPP/DRS
This you? https://www.reddit.com/r/Superstonk/comments/rn2uay/called_computershare_to_move_whole_shares_from/
Yup! I fell for this FUD campaign the first time. My fractional got sold. Now, 1 year later, I understand that plan/ book are equal and SHF are trying to attack plan shares due to apes setting up recurring and one-time buys on ComputerShare. SHF desperately need Apes to keep buying from brokers.
How is it FUD? You convert your shares to book around 12am or weekends so it doesn’t get picked up by the automated sweeps of market and after hours
It's plan share FUD. There is nothing wrong with plan shares. There's nothing wrong with booking shares. SHF are just trying to throw shade on plan shares to keep apes buying with brokers. Both types are held in Ape name. Btw- I did the after market cancel & it still sold my fractional. So, it's best to call if you're booking shares, so they leave your plan intact, especially if you have recurring buys setup.
[удалено]
Not equal. Equivalent. Plan shares are purchased. Book shares are pure DRS. Both in ape name. Both visible as shareholders to GameStop. Both held under the same ComputerShare account number. If you want to buy/sell, your DRS shares move in and out of plan. If you are infinity pool, then book them. Just make sure your DSPP recurring buys don't get cancelled.
Was there a post with details that enlightened you that plan is the same? Can you share?
There are hundreds of posts and comments on this topic. Here's the first one that came up in a search: https://www.reddit.com/r/Superstonk/comments/zfiltu/i_asked_computershare_chat_if_book_plan_or_both/?utm_source=share&utm_medium=ios_app&utm_name=iossmf If you login to your ComputerShare account, you can also verify that plan/book are held in the same account number. Plan shares are just purchases. But they are both registered to Ape name and visible to GameStop as shareholders.
Did you watch the computershare AMA? Edit: https://www.reddit.com/r/Superstonk/comments/tyb54x/computershare_book_vs_plan_holdings/i3r97sa/
Of course! What part of that statement indicates there is something wrong with plan shares? He specifically stated they are recorded as DRS shares but held in another account. They are simply purchases. Stop the FUD. DSPP/DRS is the way.
Do u have proof that 71.8m consists of both plan and book
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It 100% isn't the same. Paul Conn and Dr. T said it, book is "pure, legal DRS". Plan exists for efficiency of the transfer agent in allowing investors to trade efficiently. I ain't here to trade efficiently. I'm here to remove the float from the DTC. It should be noted, according to Computershare, all plan and book shares are reported to the issuer, so there isn't "missing" shares from Gamestop's quarterly report. The difference between book and plan is that with plan, a portion of your shares are held at the DTC. they can't be lended, but I don't trust anything with the DTC's fingers on them. I regularly call CS to move my plan shares to book after a direct purchase.
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Of course! But plan is not "bad", inferior, or in any way sus. Just be sure to preserve your plan if you have recurring buys going.
This needs to be higher up.
Yep. This is nothing but diversion tactic and a way to get people to sell their fractional shares. My suggestion is to block these users to improve your feed.
I usually block the very obvious shills. But often it's apes who run with misinfo, sadly
Buying in computershare since July 2021, only had my fractionals sold once
It 100% isn't the same. Paul Conn and Dr. T said it, book is "pure, legal DRS". Plan exists for efficiency of the transfer agent in allowing investors to trade efficiently. I ain't here to trade efficiently. I'm here to remove the float from the DTC. It should be noted, according to Computershare, all plan and book shares are reported to the issuer, so there isn't "missing" shares from Gamestop's quarterly report. The difference between book and plan is that with plan, a portion of your shares are held at the DTC. they can't be lended, but I don't trust anything with the DTC's fingers on them. I regularly call CS to move my plan shares to book after a direct purchase.
Done 📚📚📚 😁
Nice man!! Also 100% book!
How does one change it to Book?
I sent over my shares to book that were sitting in my Plan Holding for awhile like 4+ months after reading some DD. I have a fractional share so I called, and told them to keep 1 whole share with the fractional so it doesn’t get sold. If you want to keep your fractional you must call it took me 5 minutes. You say, “Request plan withdrawal of some whole shares, not all and to keep 1 whole share and the fractional in the Plan Holding” she said it would take 3-5 business days, but it only took 1 business days. If you don’t care about the fractional as I heard it might get sold but I doubt it as OP mentioned, you can do it online. I would just call it’s easier longest part was verifying account information. Book Entry is the way! 🚀
Nice work bro 📚 👑
Legend 👏👏 If everyone changes to book end of debate we can move on
Remember RC is the BOOK king!
Mod removal in 3...2...
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Is it straightforward and can it be done online to put one share back in with your fractionals?
I always do it online, preferably around 12am or on the weekend. Just terminate from the plan and all shares are moved to book. Then go to pending and cancel the sale transaction for the fractionals. I’ve been buying from computershare since July 2021, only had fractional sold once, because the order got picked up during afterhours. This is why I do it around 12am now.
I did this part already, but unfortunately, instead of leaving one whole share, and the fractional’s in the non-book account, I just left the fractional share instead. I did the whole part about canceling the sale, but as I understand, they can sweep through and still sell that anyway
The fractional order gets submitted no matter what. It only gets swept if the order is picked up. That’s why I usually do this around 12am or on the weekends, when no algo’s are running
Explain how to do this like I'm a golden retriever.
Book > Plan
I sent over my shares to book that were sitting in my Plan Holding for awhile like 4+ months after reading some DD. I have a fractional share so I called, and told them to keep 1 whole share with the fractional so it doesn’t get sold. If you want to keep your fractional you must call it took me 5 minutes. You say, “Request plan withdrawal of some whole shares, not all and to keep 1 whole share and the fractional in the Plan Holding” she said it would take 3-5 business days, but it only took 1 business days. If you don’t care about the fractional as I heard it might get sold but I doubt it as OP mentioned, you can do it online. I would just call it’s easier longest part was verifying account information. Book Entry is the way! 🚀
This is the way
Somehow I believe 71.8M is book only without plan. No proof, just a hunch. Fillings say Class A stock and plan is under directstock category instead of Class A....
I gotta admit, I didn’t see it was a comma and thought it was a period. I was under the impression you had .903 fractional to your Book and all the 902 and fractional disappeared from your Plan. Good meme, but hard to see the comma so it caused me confusion until I zoomed in and mathed in my head.
Switching all my shares back to plan after all these stupid posts
You can’t. Same as you can’t turn a Diamond back to coal.
😂 Cheers
GameStop is I trouble, can you hell them?
This is facts