A % of plan shares are held via ComputerShare’s broker at the dtcc, for operational efficiency. This has been the bottom line argument for booking shares, for over 2 years now.
but it always just gets buried, deeper than Hoffa. Above, is proven fact.
The rest dilutes above, a bit. I believe the heat lamp theory, but the above simple tidbit is the bottom, provable line.
Like I said, eventually if there’s actually the majority of drs’d shares in book, but dtcc is reporting the majority of drs’d shares as on their books because of the “in the plan” loophole……it’s not going to hold up.
To be clearer on what I didn’t like: there was quite a focus on terminating plan/selling fractionals being this huge quick dagger that would expose super fraud. I think no dingleberries, and not being a part of any parts of the plan are the way to go. But I don’t necessarily think if everyone woke up tomorrow and did so, that there would be fireworks in our favor.
I don’t think anything is going to happen quickly, because of idiosyncratic risk. Too many people, need a controlled blow up or too many good things implode (all the innocent shit that is going to feel the pain via collateral damage)
A % of plan shares are held via ComputerShare’s broker at the dtcc, for operational efficiency. This has been the bottom line argument for booking shares, for over 2 years now.
but it always just gets buried, deeper than Hoffa. Above, is proven fact.
The rest dilutes above, a bit. I believe the heat lamp theory, but the above simple tidbit is the bottom, provable line.
Like I said, eventually if there’s actually the majority of drs’d shares in book, but dtcc is reporting the majority of drs’d shares as on their books because of the “in the plan” loophole……it’s not going to hold up.
To be clearer on what I didn’t like: there was quite a focus on terminating plan/selling fractionals being this huge quick dagger that would expose super fraud. I think no dingleberries, and not being a part of any parts of the plan are the way to go. But I don’t necessarily think if everyone woke up tomorrow and did so, that there would be fireworks in our favor.
I don’t think anything is going to happen quickly, because of idiosyncratic risk. Too many people, need a controlled blow up or too many good things implode (all the innocent shit that is going to feel the pain via collateral damage)