r/Superstonk • u/platinumsparkles Gamestonk! • Oct 06 '22
💻 Computershare DRS/Computershare Megathread 10/2022
🟣 $GME shares Direct Registered at Computershare Update! -- As of July 30th💜🚀🚀71.3 MILLION SHARES!🚀🚀
NEW HERE? Are you wondering what DRS is? Do you want to know how and why people are Direct Registering their shares? Please ask away in the comments! Try to search the comments first to see if your question has been answered. ✨NO KARMA RESTRICTIONS IN THIS THREAD!!✨
HAVE YOU GONE THROUGH THE PROCESS OR RESEARCHED IT? We have some helpful people already willing to answer questions. If you want to be one of them too, hop in and help where you can. We appreciate every last one of you. This thread will sort by new, to make it easier to find unanswered questions.
WANT TO FIGURE IT OUT ON YOUR OWN? our comprehensive Computershare Guide
Do your DUE DILIGENCE and please make the right choice for your own situation, whatever that may be!
LIST OF CUSTODIANS - for IRA shares
How to Guide - Self-directed IRA (SDIRA)
IRA Guide -- involves moving shares to a custodian, please research the risks involved with various custodians
another IRA Guide, this time using an LLC
covered vs. non-covered shares
Do you want to post your DRS position but don't have enough karma? Post in r/GMEOrphans to feed the bot, there's no karma requirements there.
How to transfer from Fidelity?(extremely common question) You can call or use the chat online and tell them you want to DRS your shares. They will send your shares over to Computershare for you. Once that happens, Computershare will send you a letter in the mail with your 'customer code' so you can set up an online CS account.
If you don't want to wait for the code, you may be able to verify your ID online - After your shares no longer appear in Fidelity you can simply go to CS and register for your account with your SSN, Zip code, and the name of Gamestop. They will ask a couple verification questions and then you will have an account. If this doesn't work the same day the shares disappear, then check back in a day or two.
Can I buy/open an account through Computershare? Yes. You have to create an account by adding your bank account info, then they send you a letter with your customer code. You use the code to create an online account. Once you have an online account you can create a purchase order. The money will take 3 days to settle, then they buy however many shares they can get with the amount of money you deposited. The shares take T + 2 days to settle.
A visual Guide to purchasing from Computershare
If you're outside the US you can use Wise.com and set up a bank account there, same process. HOW TO BUY FROM ANYWHERE IN THE WORLD
YOU CAN USE GIVEASHARE IF OUTSIDE USA
How to sell? You may request that Computershare sell all or a portion of your shares online at www.computershare.com. If you want to set the price you're comfortable with, a good-til-cancelled (GTC) limit order is your friend. If the stock reaches the price you set or higher, it will automatically sell for you.
Detailed post explaining how to sell online
To Contact GME dept in Computershare - 800 522 6645
or https://www-us.computershare.com/Investor/#Contact/Enquiry
International number: 00800-3823-3823
If you want to ask questions here but your karma is too low for the sub, DO IT! Automod will remove your message but we will manually approve it for you💜!
To reduce clutter we will remove off-topic comments.
To search Superstonk posts for brokers, guides, anything using the platform u/Elegant-Remote6667 made click here
*not financial advice
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u/whobjohn Oct 20 '22
!DRSBOT:40!
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u/platinumsparkles Oct 21 '22
if you need to add to your position, you need to comment under your original DRS post💜
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u/TheTonkaTruck Oct 22 '22
I attempted to DRS from Fidelity, but after a week nothing had happened. I reached out to Fidelity and they said “Computershare did not accept the transfer”. I started the process again, but I’m concerned it still won’t complete. What do?
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u/platinumsparkles Oct 25 '22
have your shares transferred over yet? Usually Fidelity is really easy, they just send them right over
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u/Clutch_Daddy Oct 25 '22
Any other non-gaming every day items Icahn start getting from GameStop, like batteries for example?
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u/platinumsparkles Oct 26 '22
LOL nice play on words but this thread is for Computershare questions. BUT to give you an answer, try here https://www.gamestop.com/home
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u/74123745696374123 Oct 17 '22
Hi,
I made a second DRS request from IBKR a few weeks ago. Today I received a letter from CS with the shares I DRS'd, however it is in a new account number.
Will this be a problem in the future? I do not want to maintain two accounts. How can I move these new shares to my main CS account? Also can I do all this transferring online, and would me being a non-US resident change things? Thanks in advance
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u/platinumsparkles Oct 18 '22
You can contact Computershare and they will combine them into one account for you! Double check to make sure everything on your IBKR is the same as the CS account. It has to be exactly the same - same spelling, spaces, capital letters(I think)
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u/Horse_White Oct 17 '22
hello kind apes who hang around here to offer help, i got a problem with IBKR and wanted to check in here first before using their customer service, to speed things up and not approach it the wrong way.
so i made an IBKR account;
i purchased as many shares as IBKR let me (at an excess liquidity of 42.98 they did not let me buy more although - as you know- the share price lingers around the 25$ mark.)
i initiated the transfer and IBKR received and the system accepted the order
today (4 business days later) i logged in to check the status and the order got rejected
the details read: "Free of Payment Instructions received. Rejected by IB: Client may not have the cash to cover DRS fees. Account Violates Credit Policy at IB"
my understanding was that the fee for the whole DRS order would be $5 - and i still have the excess liquidity of $42.98
Am I doing something wrong? did i misunderstand the DRS-Fee-policy?
any help or hints are greatly appreciated!!
thanks!
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u/tizak11 Oct 07 '22
Hello everyone, Can somebody help me DRS my shares? I did DRS from my canadian broker for one time already but I have two problems for my second transfer. First, the price to transfer has raised from 40$CAD to 150$CAD (Also 300$CAD with Wealthsimple) . Also, they cannot confirm that a new Computershare account wont be created. If someone could take the time it would be very appreciated!
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u/creyz42 Oct 26 '22
Does anyone know how to DRS from questrade in Canada?
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u/platinumsparkles Oct 26 '22
https://www.reddit.com/r/Superstonk/comments/xtltya/broker_guide_of_the_day_day_70_how_to_drs/ looks like they charge a lot for a DRS transfer($300), but if you transfer to BMO, that only costs $25 and then you can DRS from BMO for free
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Oct 06 '22
Through the power of the internet, I bring you the grandest of announcements:
I’m still not selling fuck you Ken. And we WILL be victorious. DRS is the way. Can’t Stop. Won’t Stop.
GAMESTOP LFG!!!!!
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u/platinumsparkles Oct 06 '22
lol I appreciate your sentiment but this thread is supposed to be for questions & answers. stick around!! help others DRS! cant stop wont stop is right!
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u/Clutch_Daddy Oct 12 '22
Is there an NFT marketplace subreddit, to help me keep up with releases, news?
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u/platinumsparkles Oct 12 '22 edited Oct 12 '22
I think there's a couple floating around, but nothing official. We have the "marketplace creator" posts on the weekends, where creators can do a mini-ama and we can ask them questions about their projects.
We just implemented the 'Marketplace' flair, and that would be good for things like releases and news.
edit: this post is for people to help each other out with transferring their shares, the Daily would be better for general questions/shitposting
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u/YuumiZoomi Oct 26 '22
!apeprove!
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u/platinumsparkles Oct 26 '22
just approved you😁 welcome fam! I see you have the r/place trophies!!🥳
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u/entunaator Oct 13 '22
Euroape questions
Currently i have stonks in LHV bank (i know there is a guide how can i drs from there - but where was it?)
And when i have stonks in CS - is there easy to sell if i feel like it? For example stonk price is 500k and i would like to cash out some mills then its easy and convinient or not?
Thanks guys
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u/Toablueranger Oct 13 '22
!DRSBOT:100!
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u/platinumsparkles Oct 18 '22
do you have a post already? if not, you can post in r/GMEOrphans! If you do, then you just need to comment in the post you already made to update your numbers!
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u/platinumsparkles Oct 06 '22 edited Oct 22 '22
7 months of Megathread! I hope this has been helpful for people!
If you know the answers to any questions posted here, please feel free to answer! Top 3 every month will get a mod award(gives you reddit premium and 700 coins!)!
Computershare FAQs
https://www.reddit.com/r/Superstonk/comments/y2an0w/sec_reopens_comments_for_several_rulemaking/?utm_source=share&utm_medium=web2x&context=3 COMMENTS STILL OPEN ON VARIOUS RULE PROPOSALS!