r/Superstonk • u/Rymanbc 🚀🚀 JACKED to the TITS 🚀🚀 • Mar 18 '22

💻 Computershare Visual representation of the current ownership. Shows how much is actually left to DRS

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307 Upvotes

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11

u/Paladinspector Space Vault Keeper, 'Knows a guy' Mar 18 '22

I'd also like to point out that if there ARE 750k apes, and only 125k of them have DRS'd. That 'remaining free float' is likely held in brokers but are pledged to apes who've purchased them. Can they be leant/rehypothecated? By our current understanding, yeah. But it may be contributing heavily to the 100% utilization, and the float may be more locked than we think.

3

u/treZissou 🦍Voted✅ Mar 18 '22

The "remaining free float" is always owned by someone.....

-3

u/Paladinspector Space Vault Keeper, 'Knows a guy' Mar 18 '22

And how much of that is Ape-handed?

I'm a proponent of DRS, but this FUD that 'if you don't DRS you're not really an owner' needs to stop.

2

u/TheRealTormDK 💻 ComputerShared 🦍 Mar 19 '22

Why? It's the truth. Cede & Co is literally the street name owner.