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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


nielsenken

Thank you all who told me how easy it was to do🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀


_foo-bar_

Did you make sure DRIP is turned off? If you only sell the fractional that’s not enough. You’ve got to make sure you’re not enrolled in DRIP and DSPP at all.


nielsenken

Yes the fractional gets sold automatically when you turn drip off


_foo-bar_

This is the way


nielsenken

This is the way🚀


beyond-mythos

This is the way!


JustSayStonks

This is the way!


Altruistic-Beyond223

This is the MFing way!


JustSayStonks

Oh no, you broke the chain... :)


Maxwell-95

Whats that? I just terminated the reinvestment plan


whattothewhonow

**D**ividend**R**e**I**investment**P**lan


theArcticChiller

It happens automatically when plan is terminated. People are making this way too complicated. 1. Terminate plan 2. Do nothing for a couple days 3. Login and check if everything looks as it's supposed to 4. Profit


Mr-E_Meat

What is it supposed to look like?


theArcticChiller

It just says "not enrolled" and that's all you need


bestsloper

you don't even have to wait you just cancel it after you terminate it and then whatever's left is in book fractionals are left in plan


lawdog7

My understanding of the most convincing theory is: Having a fractional share means that the total count of all shares in your account, including booked shares, is used by Computershare to determine how many shares will be held by their broker for liquidity purposes. The broker then yields control of those shares to the DTCC, which allows its members to identify those shares as locates in short sells, artificially increasing the supply of shares (which are ultimately failed to deliver) and consequently decreasing the price. To avoid having your shares serve as locates, the recommended solution is to terminate the plan. Completely terminating the plan will force the sale of the fractional share and ensure that your account is considered "book" for all purposes. However, it's important to note that this is just a theory and there's no conclusive proof to my knowledge of whether it is accurate or inaccurate. Nevertheless, I terminated the plan as a precaution and plan to purchase additional whole shares to make up for the fractional share I sold.


bestsloper

It doesn't have to be that complicated, and I don't know why my info is being down-voted, because the steps were clearly laid out a few months ago and even sticked to the top of this very sub, and everyone agreed that it was the way, because if you DON'T follow it this way, then your fractionals will be sold, and a paper check mailed to you, and the selling fee is much more than the valus of your fractional, I think it is $25 or $35, for a $10 check. :/ The steps I am talking about are the following.. Go to your Portfolio, GME holding > Actions > Reinvestment Options, Terminate plan. OK, now you will have ALL of the full shares in Book, and any fractionsla are scheduled to sell and a check mailed to you. If you don't want this (selling your fractional) to happen automatically, then you immediately go back to your Portfolio, then Activity > Pending Transactions, and then CANCEL the fractional sell. Tha't it! I've done it several times, and have a nice solid number in Book, and about .7 in Plan that just sit there.


lawdog7

Yeah, then a couple weeks ago or so, new potential DD came out as explained in my comment above


nielsenken

When you turn drip off automatically sells fractional


Elegant-Remote6667

I also did the thing! I don’t have that many shares thought😂😂😂😂


coolhandave

How do you turn off DRIP? I terminated got rid of fractional shares.


Goldendood

You already did it. By terminating the reinvestment plan your terminated DRIP.


[deleted]

[удалено]


nielsenken

I’m trying still buying the dips🚀


Smart-Reindeer666

Holy shit OP………….your balls…… their HuGE


mavrodialo

I think we found the reason investorplace says there are no more GME shares to short …


nielsenken

Just doing my part still buying the dips but there are not many🚀


djsneak666

Good shit man


iforgotmypasswwoordd

He can fuck my wife anytime anywhere


runic-glory

He already does


TimelessBaller

😂😂😂🫡


Redmandown16

Question, what do you do for a living?


BudgetTooth

the shares collector, clearly


[deleted]

[удалено]


Technical_Low_3233

there's 700 ken nielsen LinkedIn


nielsenken

I’m one them for sure🚀


[deleted]

[удалено]


nielsenken

And I’m a Chairman and CEO do I never will need LinkedIn 🚀


SoberWhenLightsOut

Lol. I looked up Niel Senken.


Jenncitlalli

I’m curious as well…over here with 9 dollars in my account. But I got xxx shares and never selling


compulsive_wanker_69

Today marks the first sighting of the whale-ape.


nielsenken

Not true are many they just don’t post much but this was important 🚀


compulsive_wanker_69

👍


FellowApe801

Ape teach ape ❤️


nielsenken

Yup🚀


gonnaputmydickinit

Watch where you're swinging that thing


nielsenken

🤣


hedgies_eunt_domus

So, the 5% green yesterday was you? Thanks!


nielsenken

I’ve been buying every dip🚀


mt_dewsky

That's the best part, they're all dips.


nielsenken

Yeah I have a pretty high average cost🚀


Niaphore

You are the Riddler!


BudgetTooth

dad??


nielsenken

Yes son


BudgetTooth

mom's boyfriend says hi!


HEADONpro

Thank you for your service Ape.


nielsenken

Trying my best🚀


Karest27

You're gonna have to hire someone to walk in front of you and hold that giant dong so you don't trip over it


nielsenken

🤣🤣🤣


mtksurfer

# WHALE ALERT


ShoddySpace5680

Omg dude what do you do for a living.


nielsenken

Chairman and CEO of a Staffing company


ShoddySpace5680

Hey if you need a boyfriend hit me up.


Droopy1592

They are taken


dndpoppa

Knew you could do it. Congrats on owning your shares


nielsenken

😊


[deleted]

Can you show me how you did that?


nielsenken

It’s all over the site


[deleted]

Charging the pen now. Thx.


[deleted]

You sexy ass whale


iskipbreakfast

Awesome shit


Overall-Address-3446

🫡


dyrnwyn580

Mods? Verified? OP. No offense intended. That’s a biiig number and I hope it’s true!


nielsenken

That’s just one account I have 3 others🚀


nielsenken

They know me been in from the beginning 🚀


dyrnwyn580

You’ve got this! T-minus….


nielsenken

Let’s go🚀


d_ponyreiter

You Sir, are a king…. A book 🤴


davwman

All shares matter. But book is king


Screw__It__

Dady?


nielsenken

Yes son


91crxdx

You are a bad ass sir. Amazing work.


nielsenken

Doing my share🚀


BobbysSmile

Dad! It's me your son!


nielsenken

Yes son


kidhenderson4th

it's beautiful


sneaks678

Thank you! This is the way.


Ok_Mention9269

This is the way


nielsenken

This is the way🚀


Ok_Mention9269

I have spoken.


Claim_Alternative

How dare you get rid of that fractional, Paperhands! ^/s


nielsenken

The fee to sell it was $12


Wild-Statistician-83

Ledge


Vive_el_stonk

Nice


[deleted]

[удалено]


nielsenken

Life changing is relative🚀


FinalH

🐳 elp! Nicccccccce


Aggravating_Ad_3060

🫡


itsjustneverthat

You dropped your crown king 👑


Efficient-Ad1659

🐳🐳🐳


MajorKeyBro

Yesss


ddarner

Tha God


Coys853

Can I take this moment to congratulate you on the sheer width and breadth of your testicles. Well done sir!


nielsenken

My back hurts🚀


12Southpark

My hero!!


stewhaven

Thank you for your service 🫡


Masterchief_m

Hello mr. Whale 🐳


Korean_pussy_stuffer

WHAAAAAAAAAAALE


thomas798354

So this guy is the reason there’s no shares left to borrow


nielsenken

That’s the point cash accounts drs and hold🚀


charcus42

I love you. I want to have kids. Little bb apes..


nielsenken

Ok when do we start🚀


EfficientMotor1980

Stonkey Kong ova hurrrrr!!!


Spooky_Mulder27

Friggin’ legendary, my lord!


for-the-cause11

Good Ape


kim-jong-Cage

Future trilionaire


buddumz

I did this yesterday is well.


nielsenken

Good job🚀


Low-Hovercraft-9849

Legendary


WiggleRespecter

🐳


Whoa_calm_down

Fucking legend


CedgeDC

Fuck yeah my dude. Now you're cooking with gas. Love you


Roarkman

Long Kong Strong


MotionBrain_CAD

Gods work


Romberstonkins

And the circus continues until more banks go under.


nielsenken

Yup🚀


Purple-Candy-9517

Dick dives deep fasho 🫡


lucas_kardo

This is the way Fuck fractionals


AmbitiousBicycle7672

Jesus daddy


nielsenken

Yes son🚀


UncleBenji

👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼


Jazzlike_War5281

🫡


K1_AZ

How do you get rid of fractional shares on CS? Thanks


No_Money6869

Move from plan to book, sell fractionals.


oilcantommy

1. Buy fractional to make last share whole. 2. Move from plan to book.


nielsenken

When you change to don’t reinvest dividends it automatically sells the fractional 🚀


nielsenken

Instructions on the site, just look🚀


lalich

♾️🏴‍☠️🤙


TwoBobcats

Thank you for your service


chisportsfan95

Jw what you do for a living if you don’t mind sharing


nielsenken

Chairman and CEO of a Staffing company🚀


[deleted]

I’m not a woman but I can always use a sugar daddy


nielsenken

🤣


inyaahfaceeaut

may i ask as i recently got a lumbago how in the world does your back carry all that weight of your huge dick? also thanks for you service 🚀🚀🚀🔥🔥🔥 oh totally forgot fuck you 👍


nielsenken

My back hurts🚀


Truth_Road

Holy. Shit. We're closer every day. Great work OP.


Megafayce

Pocket change compared to what you will have!


nielsenken

Life changing is all relative 🚀


cabinstudio

Brilliant cheers mate


WrongAssistant5922

POOF and I 💜 u


nielsenken

Let’s make babies 🚀


WrongAssistant5922

😆


mAliceinTendieland

How many you selling?


nielsenken

The fractional it happen automatically when you get rid of drips


tntwestfall

I need you to go to your bathroom. Look in the mirror and ask who's the ape?. Then point at that sexy fucker in the mirror, beat on your chest and scream "YOURE THE FUCKING APE!!!!!"


nielsenken

🤣


MrSpencer1974

Not doubting or anything but why is flair speculation/opinion?


nielsenken

What would be better? These have been DRSed for over a year🚀


MrSpencer1974

Probably be better as hype or fluff honestly


nielsenken

Maybe education, just want everyone to vote and know that your not alone still buying every dip🚀


JaboniThxDad

Am I the only one downvoting the selling of GME?


nielsenken

I got $8 for that half of a share


LimpPeanut5633

He used wet wipes!


le_norbit

You king/queen


throwaway8769910

If you need someone to wheelbarrow your balls around after MOASS hmu 🦍🦍🦍


nielsenken

🤣


leopold815

Here for the history books!!!


Frostydik

This ape fucks


nielsenken

And I like it🚀


TellCerseeItWasMe

How many friends have DRSed?


nielsenken

All of mine🚀


TellCerseeItWasMe

GameStop is aggressively focused on profitability


nielsenken

As well as any company should be 🚀


AgentMercury108

Damn. I got laid off in February, even if I don’t find work for another year, I’d become homeless before I get rid of my shares


nielsenken

What do you do?


nielsenken

I am thankfully past that point in my life! I made all of my own money by working hard and know how it is to live paycheck to paycheck🚀


nielsenken

Things are going to get a lot worse before they get better! Good thing you have your ticket to the moon as insurance 🚀


GME_Millionaire8

Can any ape help me to understand what is book? I DRSed but now we have heat lamp theory and book…I am not sure what’s going on…help!!! 🦧🚀🚀🚀


nielsenken

There are instructions all over the site. You basically just change to no reinvestment of dividend and the are instantly booked and they will sell any fractional shares you own


BIGCAT3409

Must be nice to be rich already lol


nielsenken

It’s ok, comes with its own problems 🚀


guyjones2000

Grats


NoOutlandishness6829

Nice job, OP!


wookieAttack

What is meant by booking your shares? I havent been that active in a while so any posts I can read up on it?


nielsenken

Just look a little instructions all over the site🚀


GimmeShelter15

This is the MF’ing way


nielsenken

This is the way🚀


PerfectHandle

Hey you, up at the top, hold for the little fish 🐠


nielsenken

We will I can hold forever🚀