this post was submitted on 12 Sep 2023
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DRS Your GME

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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
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Just wanted to share my Superstonk permaban and their reasoning for it lol. It was inevitable, surprised they let me stay till td tbh lol. I’m sure everyone knows how corrupt they are but for any still doubting:

Encountering shills means we’re headed in the right direction .. WAGMI 🦍🦍🦍🦍🦍🚀🌔🏴‍☠️

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[–] [email protected] 23 points 1 year ago (2 children)

members of this Lemmy instance are investors of GameStop, and more specifically investors here advocate that all investors benefit from directly registering their shares. By directly registering shares of a company that you paid for, you get genuine share ownership. If shares that you paid for are not directly registered but instead held in a brokerage account, those shares are not actually owned by you, they are owned by Cede & Co, the central depository of the Depository Trust Company.

Due to the high stakes nature of the situation surrounding GameStop, investors of GME and advocates of DRS have faced and continue to face persistent antagonism and opposition from many directions, because investing in GME and directly registering shares is against the interests of certain incumbent institutions that have a vested financial interest in GameStop's demise.

For this reason, it is to the benefit of those that oppose GameStop's success that people would view GameStop investors as nothing but rabid cultists, and not as legitimate investors of a legitimate company. It is why they use words like "meme stock". It is why they say things like "Sell the stock first, ask questions later".

Members of this Lemmy instance have been facing issues on Reddit and so we are now here using Lemmy.

[–] [email protected] 13 points 1 year ago* (last edited 1 year ago)

The facts of the matter are:

  1. If you own stocks with a brokerage (Robinhood, Fidelity, TD Ameritrade, etc...) and/or have a 401k, you - unequivocally - do NOT own that stock . (see here and here and here)

  2. The non-ownership of stocks by “retail” / household investors equates to major, current (i.e. happening right now) fraud and manipulation in the stock market - which itself equates to theft of middle-class and lower-class wealth - and to a large degree, nationality instability and international instability (to put it lightly). (see here and here)

  3. Corporate voting mechanisms (i.e. “vote on company policy changes with shares”) have been rendered completely fraudulent and a sham due to larger Wall Street’s ability to create counterfeit shares and vote with those shares through convoluted loopholes and confidence trickery - equating to Wall Street psychopaths creating policy for the largest companies and one major HOW to “corporations having too much power.” (see here)

  4. Never, in all of human history, has there been more power, money, and influence concentrated in one place as there is on Wall Street right now - and help is needed to bring to light their crimes.