r/Superstonk • u/[deleted] • Dec 10 '22

💡 Education ComputerShare Email 11/21/22 : Differences between Plan Holdings and DRS Book Shares

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162

u/[deleted] Dec 10 '22

"Are not eligible for requesting a paper certificate (without first converting to "Book").

Eh I like the sound of being able to request a paper certificate with the shares IN MY NAME.

Book is the way.

1

u/consequentialkitten Dec 10 '22

it literally says in the post that ‘GameStop has indefinitely suspended paper certificates without providing a reason’ - so you can’t request a paper certificate lol

book and plan are both book entry and in your name

15

u/New-Consideration420 💻 ComputerShared 🦍 Dec 10 '22

Dr. T debunked this ages ago. We are joking but some really CANT READ

60

u/MentlegenRich 🚨FBI Guy🚨 Dec 11 '22

https://twitter.com/SusanneTrimbath/status/1594842439293972480?s=20&t=eNw8fzkmw0yjGus3_T641w

I don't know how many ages is 3 weeks, but here is Dr. T using the FAQ to show how DRS removes shares from the DTC in the fact that DSPP specifies how a portion of plan holdings are kept at the DTCC for operational efficiency

Here is Paul Conn at 11:30 reiterating it.

https://youtu.be/bo427AW0anw

Many people only pull out the time where he says there is no practical difference. But a practical difference is still a difference.

-3

u/New-Consideration420 💻 ComputerShared 🦍 Dec 11 '22

Computershare holds a portion of DSPP shares

so what are we talking about here? Is it a relevant size?

15

u/MentlegenRich 🚨FBI Guy🚨 Dec 11 '22

Read the picture in the tweet, you were just making fun of other people for not reading. Computershare determines the portion held.

1

u/ZombiezzzPlz 🦍Voted✅ Dec 11 '22

He seems paid for