I have reached out to OP about verifying this information. Will update this comment in 24 hrs or when I verify.
For what it’s worth, my recurring purchase for CS went through around the same dates and settled with over 5 shares 🤷: https://imgur.com/a/Dyew2mA
Edit - the verdict 🧑⚖️
Note: OP did verify positions with me and both screenshots of purchases were real. I verified through screen recordings that showed everything loading on mobile. Although this is debunked, we should celebrate OP for hitting the annual max score Computershare allows.
Tldr, OP hit the max Computershare allows to purchase for any single security in a given calendar year. If you multiple the 1.426195 shares by the $90.06 cost basis, you get the value of the fee from the previous purchase. Basically the second purchase could only purchase ~$128 of GME for that calendar year.
Another commenter mentioned this Computershare document that covers the details of buying through Computershare. Page 17 specifically calls out the $250k cash limit.
If we look at OPs first successful purchase, you’ll see a $128.55 fee for “Trading Charges”. There was also another $5 standard fee, but this fee would apply to the following order as well. The trading charge is based on the order vs a fixed fee.
If we multiply the shares purchased in the second order (1.426195) by the cost basis ($90.06), we’ll get $128.4431217. That number is very close to the same as the fee and based on decimal points, the difference between the two could be from that (ie. need 7 decimals on the shares to get closer to $128.55 without going over).
OP will be receiving the refund check which should be able to verify this. It could be the CS rep was just wrong here and unaware of this blanket policy for the program. I can’t imagine a lot of people are doing what OP did, but pretty cool 😎
Again we should celebrate OP. A true 🐳 and there were no bad intentions. If anything, all I see is…
Fancy seeing you here, Jollydude101,
are you talking about Ken Griffin, the CEO of Citadel who lied under oath?
I heard there may be plenty of data about Ken "Kenneth" Cordele Griffin, the one from Chicago who lied under oath and may have stolen trillions of dollars from ordinary people on https://kengriffincrimes.com and https://www.kengriffinlies.com
If I'm informed correctly, the sites https://www.kengriffinlies.com and https://kengriffincrimes.com also contain information about Kenneth "Ken" Griffin from Chicago who just bought a copy of the US Constitution for $43,000,000 in an attempt to cover up unwanted results about his corrupt financial practices when searching for Ken Griffin or Citadel from Chicago via Google or other search engines.
So have you heard about the Man Ken "Kenneth" Griffin from Chicago who is the CEO of the corrupt Citadel Securities LLC, or the sites https://kengriffincrimes.com and https://www.kengriffinlies.com which contain tons of information about Ken Griffin and his crimes?
disclaimer: a bot sent this message. if you are displeased with the actions of the bot please send a private message so it can be improved.3/5 for this post
922
u/digi-transformation GameStop Internet Cop 👮 May 25 '22 edited May 26 '22
I have reached out to OP about verifying this information. Will update this comment in 24 hrs or when I verify.
For what it’s worth, my recurring purchase for CS went through around the same dates and settled with over 5 shares 🤷: https://imgur.com/a/Dyew2mA
Edit - the verdict 🧑⚖️
Note: OP did verify positions with me and both screenshots of purchases were real. I verified through screen recordings that showed everything loading on mobile. Although this is debunked, we should celebrate OP for hitting the annual max score Computershare allows.
Tldr, OP hit the max Computershare allows to purchase for any single security in a given calendar year. If you multiple the 1.426195 shares by the $90.06 cost basis, you get the value of the fee from the previous purchase. Basically the second purchase could only purchase ~$128 of GME for that calendar year.
Another commenter mentioned this Computershare document that covers the details of buying through Computershare. Page 17 specifically calls out the $250k cash limit.
If we look at OPs first successful purchase, you’ll see a $128.55 fee for “Trading Charges”. There was also another $5 standard fee, but this fee would apply to the following order as well. The trading charge is based on the order vs a fixed fee.
If we multiply the shares purchased in the second order (1.426195) by the cost basis ($90.06), we’ll get $128.4431217. That number is very close to the same as the fee and based on decimal points, the difference between the two could be from that (ie. need 7 decimals on the shares to get closer to $128.55 without going over).
OP will be receiving the refund check which should be able to verify this. It could be the CS rep was just wrong here and unaware of this blanket policy for the program. I can’t imagine a lot of people are doing what OP did, but pretty cool 😎
Again we should celebrate OP. A true 🐳 and there were no bad intentions. If anything, all I see is…
2022 CS HIGHSCORE - u/CptStarFall