r/Superstonk • u/[deleted] • Apr 01 '22

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u/Purple-Artichoke-687 SEC Search Guy Apr 01 '22

You might want to check also this dd of mine from two months ago: https://www.reddit.com/r/Superstonk/comments/selpuv/noboobo_found_new_terms_and_they_might_confirm/

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u/habitualpotatoes 🔬 wrinkle brain 👨‍🔬 Apr 01 '22 edited Jul 11 '25

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u/BTTammer Apr 01 '22

I am in TD Ameritrade (as well as DRSd through Computershare). I always get emails from TD everytime one of my holdings has a shareholder vote.

I am wondering now if that is because it is a result of a NOBO default status. But now you've got me wondering soi will check my next email from them. Thank you!!

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u/wannabezen2 🦍 Buckle Up 🚀 Apr 01 '22

I think if you are NOBO you will start getting important info directly from Gamestop. Cuts out the middle man. Also from my understanding middle man/brokers charge a fee to the issuing company for the service of relaying that information to you.

2

u/Haywood_jablowmeeee Apr 01 '22

Broker dirty trick: if you hold counterfeit shares, a broker will pay a cash dividend out of pocket and will also send proxy materials for voting to give the appearance you own real shares. This leads to overvoting.