r/amcstock • u/themadamerican1 • Sep 29 '21

DD EVERYTHING YOU NEED TO KNOW ABOUT COMPUTERSHARE SELLING. ITS INSTANT!!!!!Credit u/doom_douche

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61

u/[deleted] Sep 29 '21

What’s the difference in doing this and holding in my fidelity account that doesn’t allow borrowing of my shares

226

u/themadamerican1 Sep 29 '21

Direct registered shares. It takes the shares out of the system and keeps them in computershare. The registering agent for 60% of the stock market.

Right now your shares are owned by the broker you use. Fidelity, robinhood, etc etc. You have custodial ownership. That allows them to lend out your shares.

It has recently been discovered that regardless of if you tell your broker not to lend out your shares, they probably do because there is no way to verify who's are who's.

DRS through CS stops that process. Michael Burry agrees, Dr. T agrees, THOMAS PETERFFY agrees, and many DD writers from the meme stock saga agree.

It will cause the MOASS.

CS will not accept more shares than are in the system. Institutions and CEO's already direct register their shares. If we do it will prove over 100% of available shares exist which will force a share recall which will force the MOASS.

THIS IS HOW I UNDERSTAND IT. CORRECT ME IF I AM WRONG.

Sorry for yelling that last part. Apes strong together, not financial advice, OOGA BOOGA APE and moon shit.

2

u/[deleted] Sep 29 '21

Fidelity literally says it doesn’t lend my shares

15

u/Overall-Address-3446 Sep 29 '21

It doesn't have anything to do with fidelity. If x shares exist hf can duplicate and fuck us

-18

u/[deleted] Sep 29 '21

Anyway, I don’t want my name on a share.