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Discover reviews on "trick the financial system" based on Reddit discussions and experiences.

Last updated: January 10, 2025 at 02:12 PM
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Summary of Reddit Comments on "Trick the Financial System" Query

Using DRS through Computershare

  • Pros:

    • Provides real Shares that cannot be rehypothecated, ensuring a clear Ownership.
    • Shares registered in Computershare are believed to be better protected in case of Broker defaults.
    • Ensures transparency by having verifiable real Shares.
    • Enables selling with certainty during a potential squeeze.
  • Cons:

    • Concerns about the impact selling DRS Shares last might have on the squeeze.
    • It’s wise to diversify Brokers to mitigate risks and uncertainties associated with Brokerage platforms.
    • Issues related to initiating transfers to and from Computershare may be complex and time-consuming.
  • Advice and Recommendations:

    • Consider holding some Shares in a Broker for potential quicker or easier selling during a squeeze.
    • Preparation is needed for selling through Computershare, including having written requests ready for mailing.
    • Consider long-term holding in Computershare for secure and transparent Ownership.

Other Insights and Comments

  • Users express gratitude for educational and informative content.
  • Some users discuss working with customer support for Brokerage account issues.
  • Users share varied perspectives on GME's potential and strategies for investment.
  • Suggestions are made for collaboration and promotional opportunities related to GME.
  • The sentiment towards DRS, Computershare, and potential market strategies is mixed among users.

This comprehensive summary captures the different perspectives and insights shared by Reddit users regarding the utilization of Computershare for Direct Registration System (DRS) and the implications for GME investments.

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