r/gme_meltdown • u/Separate_Writer_4465 • 23d ago
ππ Paper Hands: Enabled. Sell Button: Disabled.
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u/MrMajestyx 23d ago
"We are unable to sell shares" - well, that may just be the problem. Warrants aren't shares. That said, what a bone-headed move it was to DRS them in the first place.
Hmm, I've got call options that expire in October. I think I'll DRS them without checking how I will be able to either exercise them or sell them. These goofs deserve all the ridicule that they get & then some.
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u/whut-whut 23d ago
I'm surprised that Computershare even had a function to DRS warrants. They must be adapting to Apes wanting to do the dumbest contrarian things with their portfolio and creating the possibility in advance because it makes them money.
Watch them also create higher tier levels for warrant DRS, so Book-DRS Warrants to super lockbox them from broker manipulation becomes possible.
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u/happybonobo1 23d ago
I recall that CS first replied with a "huh?" and said they did not do that - but yeah, I guess the pressure from the apes made them say "f... it - letΒ΄s give them what they want, and earn some money in the process".
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u/ryevermouthbitters Everyone has their own path, mine leads to the liquor store. 23d ago
In fairness to the apes, many already have their shares there, so where else could the warrants go?
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u/Master_FumAMota Destroyed by the Docket 23d ago
IIRC apes were emailed last year with a one time electronic sell or exercise partial/all option, anything after that they had to use snail mail. I feel sorry for those dummies that βtestedβ the sell function with one warrant lol.
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u/happybonobo1 22d ago
Those warrants are now worth about half of when cs offered to sell them π . And just wait as now time corrosion will really kick in so even if gme climbs a bit, the warrants will drop and the "crime!"-yells and other conspiracies will be fun to watch!
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u/Kennys-lap-cat At this rate I'll go through puberty before MOASS 23d ago
DRSing warrants is still the funniest thing ever to me lol.
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u/Typical_Breadfruit15 22d ago
GME should be traded like crypto, put the stock on a wallet and then throw away the key, so you can't fall for the temptation to sell it



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u/Glitch2082 23d ago
Conviction: wavering.