this post was submitted on 25 Aug 2023
15 points (100.0% liked)

DRS Your GME

22 readers
1 users here now

ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago
MODERATORS
 

Is there an alternative to computershared.net that keeps track of all the shares owned by insiders, institutions, etfs, retail etc? I thought Computershared did a fantastic job of keeping up to date numbers, but since it went down I haven't been able to find a good alternative.

The reason I ask is because it disappeared rather quietly, and considering how important share counts are, I thought it critically important to follow.

The latest info I have is from May 29th, 2023

  • 15% institutions
  • 12% mutual funds
  • 10% etfs
  • 13% insiders
  • 5% insider stagnant
  • 17.1% pure drs
  • 10.9% directstock
  • .1% operational efficiency

This gives a grand total of 81.6% of shares owned.

I find it curious that the website went down when ownership was hitting these levels. VW's short squeeze was 62.6% ownership of total shares by Porsche and Lower Saxony, and 32% were "owned" through options by Porsche. Northern Pacific Railway had 94% of its total shares owned by James Hill and JP Morgan.

If there are 18.4% shares remaining, that equates to 56,074,000 shares. At a current price of $16.36, someone would need roughly 16.36*56,074,000 = $974,370,640 dollars to buy the remaining float. Who, or which company has that?

you are viewing a single comment's thread
view the rest of the comments
[–] DDoS@lemmy.whynotdrs.org 1 points 1 year ago

Was there any comment from the site owner hinting at "wall street throwing a wrench into that"?