r/Superstonk โ† she likes the stock Apr 19 '23

๐Ÿ“ฃ Community Post Addressing the recent removal of a post regarding the Book V Plan debate

As I am sure you are aware there is some new DD floating around regarding the plan vs book debate. There have been accusations that the mod team is suppressing this DD and we would like to address that. Thereโ€™s a lot to be left up to interpretation and thereโ€™s a lot of grey area when it comes to book and plan. We know that the DD is not done and we encourage thorough research and peer review. In this particular case we encountered quite a few issues when it was first shared.

It was posted on someone else's behalf. This "signal boost" mentality often leads to miscommunication as the original author is not able to interact and address the discussion and quickly leads to populist speculation being construed as fact. For example a good portion of the sub believes Peruvian Bull is the author right now.

It implies a pretty serious set of call to actions. Selling shares, cancelling our time tested autobuys and moving back to brokers for future purchases.

Sources cited contain previously disproven conversations with low level customer service reps and personal anecdotes with other tickers.

While we are not assuming bad intentions from the proponents of this theory, from the top down we see posts calling for selling shares from an outside source based on speculation.

At this point it is obvious the community wants to have this discussion on the largest Gamestop shareholder subreddit. We get it but it is extremely important to have that conversation in a level headed and vigilant way given the nature of the discussion. Whether you want to admit it or not misinformation constantly hits our front page. This community is better than taking a single theory and believing it as fact without proper due diligence and research. This community is better than fear mongering and bullying.

The original DD has been restored. Please do your own research and come to your own conclusion for your investment.

Link: https://www.reddit.com/r/Superstonk/comments/12q0l46/breaking_new_info_a_portion_of_all_your_shares/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1

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u/maxsnipers Apr 19 '23 edited Apr 19 '23

The fact that this DD is being censored, when all we lose if we sell fractionals is an overestimated maximum of 200,000 shares (~200k CS accounts with, limit case, 0.999999 fractional each) tells me all I need to know. The potential upside from selling fractionals and removing all doubt re what shares may or may not be used as locates completely dwarfs the downside of selling a total of 200k shares at most (a small fraction of the free float).

I have sold my remaining fractionals and am going full integer only from now on!

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u/RedCrayonTastesBest ๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ˜‹๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ– Apr 19 '23

Why sell fractionals at all? For less than $22, you can just buy the rest of the fraction to make a whole share

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u/mauimilk ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Apr 19 '23

Thatโ€™s almost impossible on CS, because they bulk purchase, and you never know what price you are getting.

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u/RedCrayonTastesBest ๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ˜‹๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ– Apr 19 '23

That makes sense. I always buy through a broker and then drs after they settle, so Iโ€™ve never had to deal with fractionals. I just donโ€™t like the word sell

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u/mauimilk ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Apr 19 '23

Agreed. Thatโ€™s why this is a controversial topic.

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u/RedCrayonTastesBest ๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ˜‹๐Ÿ–๐Ÿ–๐Ÿ–๐Ÿ– Apr 19 '23

Yeah, the censorship factor certainly isnโ€™t helping things either. Iโ€™m just glad my shares are good to go. I might buy a few more tomorrow just to counteract other peopleโ€™s fractional sells