Plan vs. Book…, the debate seems to have simmered to an agreement that Book is King. However, for those of us buying direct at Computershare, we enroll in the DSPP/Plan when we do autobuys or one timer’s.

The heat lamp theory brought a new wrinkle to the story, that maybe the DTCC can access Booked shares under the same account as Plan shares, if an account is enrolled in the DSPP/Plan, or if anything remains sitting in Plan, even a fractional dingleberry, all as part of CS’s “operational efficiency” mechanism.

When a gamer is posed with a puzzle, they find ways to test solutions. One of the ways this hypothesis could be tested is if apes enrolled in the DSPP/Plan Terminate, then drop the dingleberry fractional, so their account is all Book, and nothing is left exposed to chicanery. To my mind, this is a bit of scientific testing, experimental trial and error if you will, and if apes truly became Book Kings (and Queens and everything in between and outside thereof), we would see if it makes a significant jump in the DRS share count on the next earnings report.

For those saying that we’re giving away money by dropping the fractional, here’s my thinking on that: If we have ~200k DRS’d apes, let’s guestimate only half of them are enrolled in DSPP/Plan, because not everyone is buying direct, and some apes have multiple accounts, and not all of the accounts are enrolled, etc… After Terminating and Booking the full shares, let’s say each of those accounts had an average of 0.5 of a share hanging onto uranus (personally I make sure I’m only dropping less than 0.3 of a share). That’s the monetary equivalent of one fancy coffee, or a serving of avocado toast, and if I give up just one of those things every few months before the DRS count is done, it offsets the money lost on the dingleberry. So… not such a big deal!

You can do what you want with your enrollment in DSPP/Plan, but I like the scientific method and I want to test the heat lamp theory, so I am Terminating, dropping the fractional, and seeing what happens. I hope you’ll do the same, because the day of the DRS count is likely coming at the end of this month, so you only have a couple weeks to get your buy in, settled, and terminated. Then we sit back, wait for earnings, and see if we’ve just fucked the DTCC’s “operational efficiency” in the ass with no lube.

What’s the worst that can happen? We each lose the equivalent of pocket change, and go back to autobuys and keeping fractionals like nothing happened once we’re past earnings.

Test the hypothesis! woohoo! Science! I want to solve this puzzle!

  • ChivesMA
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    8 months ago

    Love it, Doctor! I want to be the legal title holder of my shares too - not just listed in a subclass!

  • jergy
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    8 months ago

    nice post OP! love your original art.

    it often takes me a while to figure out what it says when looking at the static images. this one took me a solid 2 minutes.

    TERMINATE DSPP!

    • DoctorPlasmatron@lemmy.caOP
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      8 months ago

      Thanks! I’m glad there’s a lemmy instance to put them on! I usually make recombinant pattern sets with the lines, but the GME saga seemed ripe for embedding words/acronyms into so I have really leaned into that the past couple years, I like how the set is turning out.

  • Nomecks@lemmy.ca
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    8 months ago

    I sold all my GameStop and jumped into supermicro at the beginning of january. I’m up 100% after losing nearly my whole portfolio to this stupidity. Get out while you still have money left.

        • DoctorPlasmatron@lemmy.caOP
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          8 months ago

          The thing is, to jump in on this i still wouldn’t sell my GME, because it wouldn’t make a huge difference to what Io what I have to put into this. I am a lower income ape, i work less than full time, so I can take the money i put into GME about every 2 months to buy a single handful of shares and put it towards AI instead if I really wanted to jump in on this alleged goldrush, but i wouldn’t know the first thing about what to buy. And besids, the only people that really strike it rich in a goldrush are the outfitters, which in this case are still the shitty brokers likely sending everything to Citadel in PFOF.

          So if you have the hot tip of “put $100 into <AI ticker> and it’ll be 10000X next month!” then let me know and I’ll throw my next $100 i would have bought GME with into that, but I’m not selling any GME, especially not the DRS’d bits because I spent so goddam much to DRS them, and those shares either become a phone book number or I die with them still in my account.

    • schackbrian@lemmy.world
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      8 months ago

      There is a saying about the stock market, “Buy low, sell high.” AI is high, and GME is low. Which should you buy, and which should you sell?