Hoppas alla har hunnit DRS:a nu så inte ni blir fucked av eran Broker 🙈
Citat:
(Saxat från Reddit)
THIS IS IMPORTANT
Why?
The brokers who have lent out shares and put a nice little number in the column labeled "quantity" or "qty" may not actually have possession of those shares they say they're holding on your behalf. They're, for the most part, allowed to do this.
The Transfer Agent for GameStop is ComputerShare. When the dividend happens, GameStop orders CS to distribute the dividend. There will only be ~228,000,000 shares to distribute. The first ~100,000,000 will go to insiders and those who have their shares DRS'd, sitting in ComputerShare already.
The remaining 128,000,000? It's a shit-show free-for-all. When Fidelity, JPM, Webull, Ibkr, Robinhood, E*Trade (Morgan Stanley), and a whole slew of others claim they need 200,000,000 dividend shares to distribute to customers, they have no right to them if they've lent any out.
So what do they do? Between now and then they frantically scramble to get the lent shares back. They are counting on SHFs to buy back every share they sold short and repay the brokers in the form of whole, real, shares. If they default on this loan, brokers will likely use fine print to say "here's a cash equivalent in your account, you held 10 shares, so here's a post-divvy split price multiplied by 30, sorry we couldn't get you actual shares."
If GME goes to $400 by 7/22 then splits down to $100 (used this for simple math purposes), then Fidelity would give you a cash equivalent, aka $100 x 30 = $3,000. You still hold 10 shares but now have $3,000 cash. If the stock rises from $100 to $200, you can buy in with the $3,000 and you'd end up with 25 shares total instead of the 40 you'd have if everything was sitting in CS already.
THIS IS HYPOTHETICAL BUT PART OF THE SPECULATION AND DD
