#computershare

Hey all! I realized I haven’t talked about GameStop and the squeeze in a while. There’s been so much craziness and confusion that I didn’t feel like I could explain what was happening as it was happening.

So to sum up a lot of what’s been happening:

- Market makers are still making and shorting synthetic shares of GME

- The hedge funds have not CLOSED their short positions, and they CAN’T - not without igniting the MOASS (mother of all short squeezes)

- Before, we said buy and hold - and that seemed to work, but we realized they could keep kicking the can and using our shares to do so!

- That’s because the shares you buy through a broker aren’t actually in your name - they’re listed under Cede & Co. Think unaccountable shadowy corporation-ish-thing that controls basically our entire financial system. Honestly you don’t want to look to hard at it because it’ll just make you lose any faith you had left in the free market existing in America.

- Point is, there IS a way to put your shares in your name - direct register them! This actually puts a share in your name, and the market makers can’t touch it. They can’t short it, they can’t borrow it, nothing. It’s yours.

Here’s a guide that explains direct registering in more detail and why we need to do it.

And here’s a link to a version better suited for visual learners.

And most importantly, here’s how to direct register your shares.

(International apes, you can join in too!)

- We are already seeing that brokers are having a hard time direct registering, which means they are running out of “real” shares. We need as many people as possible to direct register and put public pressure on brokers to do their job. If the brokers have to admit they can’t direct register clients’ shares, they’ll have to start trying to buy real shares which will kick the price up and trigger the squeeze.

- Also, if you’re planning to buy more shares, you can buy them directly through ComputerShare and not need to go through a broker!

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