Yeah, it’s pretty confusing - and one would think there would be a push to make it much easier to understand with language that didn’t make it so confusing. The cynic may say the language and wording is purposefully misleading/confusing.
For anyone just kinda happening across this post and not sure what’s being talked about, this is related to the stock market.
Basically, it’s possible for large hedge funds to create and even sell “phantom” AKA counterfeit shares - and then when someone calls them on the fraud, they can just kinda say, “Whoops! Our bad! We’re just going to reverse the whole deal and pretend it never happened. :)”
There’s more in-depth info at this website here - which isn’t very pretty or expensive/professional by any means, but is well-sourced and straight-forward.
This article: theconversation.com - How ordinary people are convinced to become spies describes a concept known as MICE, an acronym for Money, Ideology, Coercion, and Ego...
I really, really appreciate this post. Good stuff. It’s one of those things what I had kinda felt or sorta knew, but couldn’t or hadn’t tried to articulate (did I really know, then? maybe not).
I came across the article “Bill Ackman Surrenders in His Five-Year War Against Herbalife” in the Wall Street Journal. The hedge fund Pershing Square Capital Management led by Bill Ackman short sold the multi-level marketing and dietary supplement corporation Herbalife....
If the bulls win, then GameStop continues to provide value to customers –– and potentially enters into emerging markets like NFTs (positive sum).
I think it could be effectively argued that it’s far, far, far bigger and important than merely that.
On one hand we have truth, honesty, fairness, transparency, delight, and general good-will - the bulls.
On the other hand, well… the opposite of all those ideas/concepts - the bears.
Do the “good guys” always win? Well, no - not really. Nevertheless, the bulls really, really need to win at this point in time and history. The planet and all the people and other inhabitants on it, more so now than any other time in all of humankind - due to sheer population and power concentration and associated groupthink and associated incestuous ideation & leadership - need a sort of cataclysm and explosion of what the bulls represent.
Hey all. Writing this a few days after the 12/6/23 Q3 10Q release from GameStop, which showed the third consecutive stagnate reporting for DRS ownership (after controlling for Mainstar un-DRSing 1.2million shares during Q2)....
Nevertheless, I think you’re looking at a facet/dynamic/function/? of the issue and market that isn’t often looked at - and brings with it some possible insight.
“Subsection II.B. The Paperwork Crisis and the Birth of the NSCC and DTC” (pages 127 - 131) relates to “Taking Stock, Episode 14: The Birth of the DTC”....
"Plan versus book" is a misnomer. "Plan versus DRS" is a more accurate term for the distinction
Recently there have been some great discussions about the important distinction between Plan shares (aka DirectStock aka DSPP), and DRS shares....
In case anyone isn't clear on why there are so many problems in the U.S. - read the first line of the disclaimer. (lemmy.whynotdrs.org)
Fraudulent system. (lemmy.whynotdrs.org)
The message vs the data (lemmy.whynotdrs.org)
Stock Origin (www.futilitycloset.com)
These notched sticks were more real than today’s shorts....
No, the problem is not really "inflation." (lemmy.whynotdrs.org)
Don't forget: this happened THIS year - largely spurred by Wall Street and CEO demand for profits, no matter the cost (lemmy.whynotdrs.org)
The Most Splendid Housing Bubbles in America, December 2023 Update (wolfstreet.com)
They're organized - we should be, too. Time to form an AIG. (lemmy.whynotdrs.org)
Buying a house (lemmy.whynotdrs.org)
Four main methods by which a person can be corrupted - MICE: Money, Ideology, Coercion, Ego (theconversation.com)
This article: theconversation.com - How ordinary people are convinced to become spies describes a concept known as MICE, an acronym for Money, Ideology, Coercion, and Ego...
hey remember when the panama papers came out and revealed that all the rich people in the world are a part of enormous criminal conspiracy...? (lemmy.whynotdrs.org)
Bill Ackman Surrenders in His Five-Year War Against Herbalife (2018) (www.wsj.com)
I came across the article “Bill Ackman Surrenders in His Five-Year War Against Herbalife” in the Wall Street Journal. The hedge fund Pershing Square Capital Management led by Bill Ackman short sold the multi-level marketing and dietary supplement corporation Herbalife....
Thread on r/bbby about how awful X is
But according to posts in it, Lemmy is too hard to use....
The December 2023 State of the GME Social Media Ecosystem
Hello everyone,...
Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued" (twitter.com)
Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued" (x.com)
Why are DRS numbers stagnant? Exploring the possibilities. Operational Efficiency shares could lower DRS numbers on reporting dates. Plan is not DRS.
Hey all. Writing this a few days after the 12/6/23 Q3 10Q release from GameStop, which showed the third consecutive stagnate reporting for DRS ownership (after controlling for Mainstar un-DRSing 1.2million shares during Q2)....
Open Access, Interoperability, and DTCC’s Unexpected Path to Monopoly (2022) (www.yalelawjournal.org)
“Subsection II.B. The Paperwork Crisis and the Birth of the NSCC and DTC” (pages 127 - 131) relates to “Taking Stock, Episode 14: The Birth of the DTC”....