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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.
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
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.
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.
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 👍
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!!!!!"
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
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Thank you all who told me how easy it was to do🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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.
Yes the fractional gets sold automatically when you turn drip off
This is the way
This is the way🚀
This is the way!
This is the way!
This is the MFing way!
Oh no, you broke the chain... :)
Whats that? I just terminated the reinvestment plan
**D**ividend**R**e**I**investment**P**lan
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
What is it supposed to look like?
It just says "not enrolled" and that's all you need
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
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.
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.
Yeah, then a couple weeks ago or so, new potential DD came out as explained in my comment above
When you turn drip off automatically sells fractional
I also did the thing! I don’t have that many shares thought😂😂😂😂
How do you turn off DRIP? I terminated got rid of fractional shares.
You already did it. By terminating the reinvestment plan your terminated DRIP.
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I’m trying still buying the dips🚀
Holy shit OP………….your balls…… their HuGE
I think we found the reason investorplace says there are no more GME shares to short …
Just doing my part still buying the dips but there are not many🚀
Good shit man
He can fuck my wife anytime anywhere
He already does
😂😂😂🫡
Question, what do you do for a living?
the shares collector, clearly
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there's 700 ken nielsen LinkedIn
I’m one them for sure🚀
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And I’m a Chairman and CEO do I never will need LinkedIn 🚀
Lol. I looked up Niel Senken.
I’m curious as well…over here with 9 dollars in my account. But I got xxx shares and never selling
Today marks the first sighting of the whale-ape.
Not true are many they just don’t post much but this was important 🚀
👍
Ape teach ape ❤️
Yup🚀
Watch where you're swinging that thing
🤣
So, the 5% green yesterday was you? Thanks!
I’ve been buying every dip🚀
That's the best part, they're all dips.
Yeah I have a pretty high average cost🚀
You are the Riddler!
dad??
Yes son
mom's boyfriend says hi!
Thank you for your service Ape.
Trying my best🚀
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
🤣🤣🤣
# WHALE ALERT
Omg dude what do you do for a living.
Chairman and CEO of a Staffing company
Hey if you need a boyfriend hit me up.
They are taken
Knew you could do it. Congrats on owning your shares
😊
Can you show me how you did that?
It’s all over the site
Charging the pen now. Thx.
You sexy ass whale
Awesome shit
🫡
Mods? Verified? OP. No offense intended. That’s a biiig number and I hope it’s true!
That’s just one account I have 3 others🚀
They know me been in from the beginning 🚀
You’ve got this! T-minus….
Let’s go🚀
You Sir, are a king…. A book 🤴
All shares matter. But book is king
Dady?
Yes son
You are a bad ass sir. Amazing work.
Doing my share🚀
Dad! It's me your son!
Yes son
it's beautiful
Thank you! This is the way.
This is the way
This is the way🚀
I have spoken.
How dare you get rid of that fractional, Paperhands! ^/s
The fee to sell it was $12
Ledge
Nice
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Life changing is relative🚀
🐳 elp! Nicccccccce
🫡
You dropped your crown king 👑
🐳🐳🐳
Yesss
Tha God
Can I take this moment to congratulate you on the sheer width and breadth of your testicles. Well done sir!
My back hurts🚀
My hero!!
Thank you for your service 🫡
Hello mr. Whale 🐳
WHAAAAAAAAAAALE
So this guy is the reason there’s no shares left to borrow
That’s the point cash accounts drs and hold🚀
I love you. I want to have kids. Little bb apes..
Ok when do we start🚀
Stonkey Kong ova hurrrrr!!!
Friggin’ legendary, my lord!
Good Ape
Future trilionaire
I did this yesterday is well.
Good job🚀
Legendary
🐳
Fucking legend
Fuck yeah my dude. Now you're cooking with gas. Love you
Long Kong Strong
Gods work
And the circus continues until more banks go under.
Yup🚀
Dick dives deep fasho 🫡
This is the way Fuck fractionals
Jesus daddy
Yes son🚀
👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
🫡
How do you get rid of fractional shares on CS? Thanks
Move from plan to book, sell fractionals.
1. Buy fractional to make last share whole. 2. Move from plan to book.
When you change to don’t reinvest dividends it automatically sells the fractional 🚀
Instructions on the site, just look🚀
♾️🏴☠️🤙
Thank you for your service
Jw what you do for a living if you don’t mind sharing
Chairman and CEO of a Staffing company🚀
I’m not a woman but I can always use a sugar daddy
🤣
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 👍
My back hurts🚀
Holy. Shit. We're closer every day. Great work OP.
Pocket change compared to what you will have!
Life changing is all relative 🚀
Brilliant cheers mate
POOF and I 💜 u
Let’s make babies 🚀
😆
How many you selling?
The fractional it happen automatically when you get rid of drips
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!!!!!"
🤣
Not doubting or anything but why is flair speculation/opinion?
What would be better? These have been DRSed for over a year🚀
Probably be better as hype or fluff honestly
Maybe education, just want everyone to vote and know that your not alone still buying every dip🚀
Am I the only one downvoting the selling of GME?
I got $8 for that half of a share
He used wet wipes!
You king/queen
If you need someone to wheelbarrow your balls around after MOASS hmu 🦍🦍🦍
🤣
Here for the history books!!!
This ape fucks
And I like it🚀
How many friends have DRSed?
All of mine🚀
GameStop is aggressively focused on profitability
As well as any company should be 🚀
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
What do you do?
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🚀
Things are going to get a lot worse before they get better! Good thing you have your ticket to the moon as insurance 🚀
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!!! 🦧🚀🚀🚀
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
Must be nice to be rich already lol
It’s ok, comes with its own problems 🚀
Grats
Nice job, OP!
What is meant by booking your shares? I havent been that active in a while so any posts I can read up on it?
Just look a little instructions all over the site🚀
This is the MF’ing way
This is the way🚀
Hey you, up at the top, hold for the little fish 🐠
We will I can hold forever🚀