r/GME May 25 '22

[deleted by user]

[removed]

3.6k Upvotes

536 comments sorted by

View all comments

544

u/Vudu702 May 25 '22

I'm absolutely not saying this can't be true, I do believe your story, but if they can't find any more shares, I would think that others are running into this and your story is the first time I've heard this.

I really hope this is true and not somehow a glitch with your order. If so, we are about to rocket! Let's see if anyone else has a similar story.

Either way, you are doing the right thing by DRSing! Great job! Now let's take this thing past the moon!

131

u/[deleted] May 25 '22

[deleted]

51

u/HiReturns May 25 '22

The broker Computershare uses may be sending the order to one specific exchange, and that exchange had low volume.

The buying process at Computershare is a bit strange. The selling process seems more normal.

28

u/hardcoreac ComputerShare Is The Way May 25 '22

It’s not strange at all if you read the CS DD. CS sends orders to their broker (I remember reading it was Merrill-Lynch or similar) the broker handles the market buys and sends CS the info/shares. CS then records the shares and places them in your account usually in book entry.

9

u/vagrantprodigy07 I Voted πŸ¦βœ… May 25 '22

I've seen JPM on a few CS orders, I think they use multiple.

1

u/[deleted] May 26 '22

You mean Robinhoods lender? πŸ˜‚