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2/23/2024 GameStop (GME) Estimated DRS count: 76,100,046

2/23/2024 Estimated DRS count: 76,100,046 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

|Holding|Number of shares|As of| |:-|:-|:-| |Former Insiders (Other)|14,339,510|12/9/2023| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|36,902,186|2/13/2024| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|76,100,046|2/23/2024| |Non-DRS - 200k acct if 30% stuck in IRA|22,830,014|2/23/2024| |Non-DRS - 200k acct if 50% stuck in IRA|15,220,009|2/23/2024| |Other|41,413,535|2/23/2024|

  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increased shares by 785,823 on 12/29/2023 (2/13/2024 file date). From 24,664,433 to 25,450,256.
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Unfortunately, Computershare only allows one gift per month, and only up to $2000.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

|Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 \* 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

---

Additional data #1:

2/23/2024 Top 50 holders from recent reddit activity:

  • Using sample of 653 data points (2,458,580 DRS'd shares)
  • Top 50 holders are 2,074,285 of the 2,458,580 DRS'd shares

|Position|Number of shares| |:-|:-| |1|1,390,972| |2|70,800| |3|58,769| |4|46,518| |5|42,004| |6|38,008| |7|31,150| |8|30,701| |9|29,369| |10|22,187| |11|21,568| |12|20,000| |13|18,705| |14|14,507| |15|14,224| |16|14,220| |17|11,900| |18|10,522| |19|10,101| |20|10,085| |21|9,583| |22|9,551| |23|9,544| |24|8,500| |25|8,311| |26|8,000| |27|6,695| |28|5,860| |29|5,600| |30|5,503| |31|5,400| |32|5,362| |33|5,339| |34|5,266| |35|5,256| |36|5,213| |37|5,069| |38|4,788| |39|4,485| |40|4,420| |41|4,380| |42|4,258| |43|4,221| |44|4,216| |45|4,200| |46|3,872| |47|3,799| |48|3,772| |49|3,763| |50|3,749|

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

|Position|Who|Number of shares| |:-|:-|:-| |1|Cede & Co|228,451,023.9| |2||1,200,009| |3||203,868.0026| |4||160,000| |5||146,896| |6||128,000| |7||109,812| |8||108,000| |9||108,000| |10|GameStop Omnibus Account|78,012| |11||72,000| |12||66,000| |13||65,329| |14||61,536| |15||60,140| |16||60,000| |17||60,000| |18||58,000| |19||57,884| |20||57,065.16734| |21||55,840| |22||55,479.32866| |23||53,000.09312| |24||51,600| |25||50,810.5893|

2/23/2024 Insider share count via SEC Form 4 filings:

|Who|Number of shares|As of| |:-|:-|:-| |Ryan Cohen|36,847,842|6/9/2023| |Patel Nir Vinay|1,004,695|7/10/2023| |Alain Attal|562,464|9/8/2023| |Mark Robinson|68,687|1/2/2024| |Lawrence Cheng|55,088|9/8/2023| |James Grube|23,864|6/15/2023| |Daniel Moore|22,963|1/2/2024| |Xu Yang|19,860|6/15/2023|

Additional data #2:

Number of Computershare accounts:

|Date|Number of Computershare accounts| |:-|:-| |5/8/2023|213,4xx| |8/2023 or 9/2023|213,500| |10/24/2023|216,3xx| |11/21/2023|217,xxx| |12/10/2023|218,xxx| |1/4/2024|218,4xx|

Number of record holders:

|Date|Source|Number of record holders| |:-|:-|:-| |3/11/2022|Form 10-K|125,543| |3/22/2023|Form 10-K|197,058| |4/21/2023|List of stockholders|197,954|

GME Volume last 2 years:

|Year|Volume| |:-|:-| |2022|2,825,293,700| |2023|1,167,878,465|

20 lowest volume days (as of 2/22/2024):

|Rank|Date|Volume|Closing price| |:-|:-|:-|:-| |1|8/3/2023|1,318,700 |$20.93| |2|8/8/2023|1,431,300|$20.74| |3|8/10/2023|1,432,400|$20.19| |4|8/7/2023|1,441,300|$21.07| |5|7/26/2023|1,489,200|$22.70| |6|8/11/2023|1,500,200|$20.19| |7|5/9/2023|1,522,700|$20.24| |8|5/11/2023|1,652,500|$20.88| |9|1/30/2024|1,652,600|$14.55| |10|7/25/2023|1,672,000|$22.85| |11|9/27/2023|1,681,300|$17.15| |12|11/8/2023|1,705,600|$13.28| |13|2/21/2024|1,731,300|$13.41| |14|7/12/2023|1,742,200|$23.44| |15|4/13/2023|1,803,900|$22.55| |16|7/3/2023|1,806,600|$24.91| |17|2/22/2024|1,810,000|$13.36| |18|10/13/2023|1,820,565|$14.90| |19|2/8/2024|1,838,300|$14.35| |20|8/30/2023|1,884,500|$18.37|

1
2/16/2024 GameStop (GME) Estimated DRS count: 76,034,912

2/16/2024 Estimated DRS count: 76,034,912 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 12/9/2023), 12/31/2023 Blackrock addition, 12/29/2023 Vanguard addition, DRS estimated count, stuck in IRA estimates, and other:

|Holding|Number of shares|As of| |:-|:-|:-| |Former Insiders (Other)|14,339,510|12/9/2023| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|36,902,186|2/13/2024| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|76,034,912|2/16/2024| |Non-DRS - 200k acct if 30% stuck in IRA|22,810,474|2/16/2024| |Non-DRS - 200k acct if 50% stuck in IRA|15,206,982|2/16/2024| |Other|41,511,236|2/16/2024|

  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Vanguard increased shares by 785,823 on 12/29/2023 (2/13/2024 file date). From 24,664,433 to 25,450,256.
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Unfortunately, Computershare only allows one gift per month, and only up to $2000.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

|Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 \* 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

---

Additional data:

Number of Computershare accounts:

|Date|Number of Computershare accounts| |:-|:-| |5/8/2023|213,4xx| |8/2023 or 9/2023|213,500| |10/24/2023|216,3xx| |11/21/2023|217,xxx| |12/10/2023|218,xxx| |1/4/2024|218,4xx|

Number of record holders:

|Date|Source|Number of record holders| |:-|:-|:-| |3/11/2022|Form 10-K|125,543| |3/22/2023|Form 10-K|197,058| |4/21/2023|List of stockholders|197,954|

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

|Position|Who|Number of shares| |:-|:-|:-| |1|Cede & Co|228,451,023.9| |2||1,200,009| |3||203,868.0026| |4||160,000| |5||146,896| |6||128,000| |7||109,812| |8||108,000| |9||108,000| |10|GameStop Omnibus Account|78,012| |11||72,000| |12||66,000| |13||65,329| |14||61,536| |15||60,140| |16||60,000| |17||60,000| |18||58,000| |19||57,884| |20||57,065.16734| |21||55,840| |22||55,479.32866| |23||53,000.09312| |24||51,600| |25||50,810.5893|

2/7/2024 Insider share count via SEC Form 4 filings:

|Who|Number of shares|As of| |:-|:-|:-| |Ryan Cohen|36,847,842|6/9/2023| |Patel Nir Vinay|1,004,695|7/10/2023| |Alain Attal|562,464|9/8/2023| |Mark Robinson|68,687|1/2/2024| |Lawrence Cheng|55,088|9/8/2023| |James Grube|23,864|6/15/2023| |Daniel Moore|22,963|1/2/2024| |Xu Yang|19,860|6/15/2023|

GME Volume last 2 years:

|Year|Volume| |:-|:-| |2022|2,825,293,700| |2023|1,167,878,465|

15 lowest volume days (to 2/15/2024):

|Rank|Date|Volume|Closing price| |:-|:-|:-|:-| |1|8/3/2023|1,318,700 |$20.93| |2|8/8/2023|1,431,300|$20.74| |3|8/10/2023|1,432,400|$20.19| |4|8/7/2023|1,441,300|$21.07| |5|7/26/2023|1,489,200|$22.70| |6|8/11/2023|1,500,200|$20.19| |7|5/9/2023|1,522,700|$20.24| |8|5/11/2023|1,652,500|$20.88| |9|1/30/2024|1,652,600|$14.55| |10|7/25/2023|1,672,000|$22.85| |11|9/27/2023|1,681,300|$17.15| |12|11/8/2023|1,705,600|$13.28| |13|7/12/2023|1,742,200|$23.44| |14|4/13/2023|1,803,900|$22.55| |15|7/3/2023|1,806,600|$24.91|

0
Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org lovetoburst @lemmy.whynotdrs.org
Uploading images timing out - 2/9/2024

Tried a few times uploading different images around 11:55 a.m. central time. Response:

Request error: error sending request for url (http://pictrs:8080/image): operation timed out

0
2/2/2024 GameStop (GME) Estimated DRS count: 75,964,491

2/2/2024 Estimated DRS count: 75,964,491 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

|Holding|Number of shares|As of| |:-|:-|:-| |Former Insiders (Other)|14,339,510|12/9/2023| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|36,116,363|1/26/2024| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,964,491|2/2/2024| |Non-DRS - 200k acct if 30% stuck in IRA|22,789,347|2/2/2024| |Non-DRS - 200k acct if 50% stuck in IRA|15,192,898|2/2/2024| |Other|42,402,691|2/2/2024|

  • Total Outstanding on 11/30/2023: 305,514,315
  • Thank you to lawsondt for the Bloomberg data to 12/9/2023
  • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
  • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
  • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

  • It seems odd on some of the DRS count fluctuations since the beginning.
  • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
  • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

|Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

  • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
  • Possible some investors have had to un-DRS.
  • Possible economic slowdown and inflation have reduced investor purchasing power.
  • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
  • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
  • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
  • Tinfoil - possible something funny with SEC filing reported number.
  • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

  • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
  • The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

  • $200,000 / $14 a share = 14,285 shares a day
  • 54 \* 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

---

Additional data:

Number of Computershare accounts:

|Date|Number of Computershare accounts| |:-|:-| |5/8/2023|213,4xx| |8/2023 or 9/2023|213,500| |10/24/2023|216,3xx| |11/21/2023|217,xxx| |12/10/2023|218,xxx| |1/4/2024|218,4xx|

Number of record holders:

|Date|Source|Number of record holders| |:-|:-|:-| |3/11/2022|Form 10-K|125,543| |3/22/2023|Form 10-K|197,058| |4/21/2023|List of stockholders|197,954|

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

|Position|Who|Amount| |:-|:-|:-| |1|Cede & Co|228,451,023.9| |2||1,200,009| |3||203,868.0026| |4||160,000| |5||146,896| |6||128,000| |7||109,812| |8||108,000| |9||108,000| |10|GameStop Omnibus Account|78,012| |11||72,000| |12||66,000| |13||65,329| |14||61,536| |15||60,140| |16||60,000| |17||60,000| |18||58,000| |19||57,884| |20||57,065.16734| |21||55,840| |22||55,479.32866| |23||53,000.09312| |24||51,600| |25||50,810.5893|

GME Volume last 2 years:

|Year|Volume| |:-|:-| |2022|2,825,293,700| |2023|1,167,878,465|

15 lowest volume days (to 2/1/2024):

|Rank|Date|Volume|Closing price| |:-|:-|:-|:-| |1|8/3/2023|1,318,700 |$20.93| |2|8/8/2023|1,431,300|$20.74| |3|8/10/2023|1,432,400|$20.19| |4|8/7/2023|1,441,300|$21.07| |5|7/26/2023|1,489,200|$22.70| |6|8/11/2023|1,500,200|$20.19| |7|5/9/2023|1,522,700|$20.24| |8|5/11/2023|1,652,500|$20.88| |9|1/30/2024|1,652,600|$14.55| |10|7/25/2023|1,672,000|$22.85| |11|9/27/2023|1,681,300|$17.15| |12|11/8/2023|1,705,600|$13.28| |13|7/12/2023|1,742,200|$23.44| |14|4/13/2023|1,803,900|$22.55| |15|7/3/2023|1,806,600|$24.91|

1
GameStop 2023 Q3 Income Statement visualized (Net loss of $3.1 million)
  • Are you me? 😄 I was looking over the 10-Q (again) on Friday night. More of a "How is the stock price down 65% since stock split via dividend when all the SEC filing numbers are better than ever?"

    We all know the answer, but I just have to remind myself.

  • 1/26/2024 GameStop (GME) Estimated DRS count: 75,903,035

    1/26/2024 Estimated DRS count: 75,903,035 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |Former Insiders (Other)|14,339,510|12/9/2023| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|36,116,363|1/26/2024| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,903,035|1/26/2024| |Non-DRS - 200k acct if 30% stuck in IRA|22,770,911|1/26/2024| |Non-DRS - 200k acct if 50% stuck in IRA|15,180,607|1/26/2024| |Other|42,494,874|1/26/2024|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
    • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
    • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    ---

    Additional data:

    Number of Computershare accounts:

    |Date|Number of Computershare accounts| |:-|:-| |5/8/2023|213,4xx| |8/2023 or 9/2023|213,500| |10/24/2023|216,3xx| |11/21/2023|217,xxx| |12/10/2023|218,xxx| |1/4/2024|218,4xx|

    Number of record holders:

    |Date|Source|Number of record holders| |:-|:-|:-| |3/11/2022|Form 10-K|125,543| |3/22/2023|Form 10-K|197,058| |4/21/2023|List of stockholders|197,954|

    4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

    |Position|Who|Amount| |:-|:-|:-| |1|Cede & Co|228,451,023.9| |2||1,200,009| |3||203,868.0026| |4||160,000| |5||146,896| |6||128,000| |7||109,812| |8||108,000| |9||108,000| |10|GameStop Omnibus Account|78,012| |11||72,000| |12||66,000| |13||65,329| |14||61,536| |15||60,140| |16||60,000| |17||60,000| |18||58,000| |19||57,884| |20||57,065.16734| |21||55,840| |22||55,479.32866| |23||53,000.09312| |24||51,600| |25||50,810.5893|

    Recent GME Volume

    |Year|Volume| |:-|:-| |2022|2,825,293,700| |2023|1,167,878,465|

    0
    Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org lovetoburst @lemmy.whynotdrs.org
    Uploading images timing out - 1/26/2024

    Uploading an 844 KB image times out with:

    { "data": { "error": "unknown", "message": "Request error: error sending request for url (http://pictrs:8080/image): operation timed out" }, "state": "success" }

    Tried twice around 8:45 a.m. CST

    0
    1/19/2024 GameStop (GME) Estimated DRS count: 75,883,224

    1/19/2024 Estimated DRS count: 75,883,224 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,883,224|1/19/2024| |Non-DRS - 200k acct if 30% stuck in IRA|22,764,967|1/19/2024| |Other|58,268,359|1/19/2024|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
    • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    1/12/2024 GameStop (GME) Estimated DRS count: 75,831,798

    1/12/2024 Estimated DRS count: 75,831,798 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,831,798|1/12/2024| |Non-DRS - 200k acct if 25% stuck in IRA|18,957,950|1/12/2024| |Other|62,126,802|1/12/2024|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct if 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
    • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    1/5/2024 GameStop (GME) Estimated DRS count: 75,793,468

    1/5/2024 Estimated DRS count: 75,793,468 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,793,468|1/5/2024| |Non-DRS - 200k acct 25% stuck in IRA|18,948,367|1/5/2024| |Other|62,174,715|1/5/2024|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
    • Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    12/29/2023 GameStop (GME) Estimated DRS count: 75,770,775

    12/29/2023 Estimated DRS count: 75,770,775 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,770,775|12/29/2023| |Non-DRS - 200k acct 25% stuck in IRA|18,942,694|12/29/2023| |Other|62,203,081|12/29/2023|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,995 DRS shares (as of 12/25/2023). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    12/22/2023 GameStop (GME) Estimated DRS count: 75,744,118

    12/22/2023 Estimated DRS count: 75,744,118 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,744,118|12/22/2023| |Non-DRS - 200k acct 25% stuck in IRA|18,936,030|12/22/2023| |Other|62,236,402|12/22/2023|

    • Total Outstanding on 11/30/2023: 305,514,315
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    12/15/2023 GameStop (GME) Estimated DRS count: 75,632,033

    12/15/2023 Estimated DRS count: 75,632,033 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

    The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

    Bloomberg data (to 12/9/2023), DRS estimated counts, and other:

    |Holding|Number of shares|As of| |:-|:-|:-| |ETFs|29,950,420|12/9/2023| |MFs, Index Funds, Pension Funds, etc|35,549,240|12/9/2023| |Other Institutional Ownership|30,102,685|12/9/2023| |Insiders Stagnant|14,339,510|12/9/2023| |Insiders|38,655,910|12/9/2023| |DRS'd - 200k Computershare accounts|75,632,033|12/15/2023| |Non-DRS - 200k acct 25% stuck in IRA|18,908,008|12/15/2023| |Other|62,376,509|12/15/2023|

    • Total Outstanding on 11/30/2023: 305,514,315 (10/12/2023 was 305,241,294)
    • Thank you to lawsondt for the Bloomberg data to 12/9/2023
    • "Non-DRS - 200k acct 25% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
    • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.

    Discussion points:

    • It seems odd on some of the DRS count fluctuations since the beginning.
    • There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
    • It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

    |Buy X number of shares a month|Multiply by 3 months per quarter|Total DRS per quarter if 100,000 active accounts|Total DRS per quarter if 200,000 active accounts| |:-|:-|:-|:-| |1|3|300,000|600,000| |2|6|600,000|1,200,000| |3|9|900,000|1,800,000| |4|12|1,200,000|2,400,000| |5|15|1,500,000|3,000,000|

    • The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
    • Possible some investors have had to un-DRS.
    • Possible economic slowdown and inflation have reduced investor purchasing power.
    • Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
    • Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
    • Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
    • Tinfoil - possible something funny with SEC filing reported number.
    • There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

    He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

    An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

    If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

    • 1,200,000 / 14 = 85,714 shares \* 6 = 514,284 shares
    • The 6 recurring buys alone should add 514,284 DRS shares.

    Other 54 trading days:

    • $200,000 / $14 a share = 14,285 shares a day
    • 54 \* 14,285 = 771,390 shares

    Total:

    514,284 + 771,390 = +1,285,674 DRS shares a quarter

    0
    Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org lovetoburst @lemmy.whynotdrs.org
    Uploading images timing out

    Attempting to upload twice a 774 KB .jpg during Create Post to community DRS Your GME.

    Front end red popup:

    SyntaxError: Unexpected token 'R', "Request er"... is not valid JSON

    Payload response:

    Request error: error sending request for url (http://pictrs:8080/image): operation timed out

    0
    Ⓜ️ Instance Meta Discussion @lemmy.whynotdrs.org lovetoburst @lemmy.whynotdrs.org
    Create Post: Image upload not working

    Tried 3 times uploading an image during Create Post.

    The error message in the bottom left corner: SyntaxError: Unexpected token 'R', "Request er"... is not valid JSON

    Edit 1: Also tried uploading an image via the comment section's GUI, but it also fails with the same error message.

    Edit 2: Similar to https://github.com/LemmyNet/lemmy-ui/issues/1489

    • But not the same as user dcx's comment that it was due to file size greater than 1 meg. The file I'm uploading is 766 KB.
    • Tested with 264 KB and 20 KB files, both fail to upload.
    • Tested from multiple browsers, upload also fails.
    0
    7/21/2023 GameStop (GME) Estimated DRS count: 76,969,713 (or 75,699,147 when -1.2 million Mainstar shares)

    7/21/2023 Estimated DRS count: 76,969,713 (using DRSbot total x 4.272)

    7/21/2023 Minus 1.2m Mainstar: 75,699,147

    The 4.272 multiplier comes from 6/1/2023 Form 10-Q divided by DRSbot 6/1/2023 total: 76,600,000 / 17,928,960 = 4.272

    2
    lovetoburst lovetoburst @lemmy.whynotdrs.org

    Retired gamer

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