re: Game Stop Apes are locking up float using Direct Registrations

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Explain this to me like I’m 5

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You are asking someone who needs it explained to him like he is 4. lol

Bottom line, it appears that hedge funds, banks and assorted really rich people shorted the heck out of several companies they thought the plandemic would kill. They chose poorly when they chose a beloved game company.

Reddit gammers got mad. With the help of Ryan Cohen from Chewy fame, Keith Gill (aka, roaring kitty, aka. DFV, aka. not a CAT), GME was saved from bankruptcy - which the shorting Hedge funds (SHF) had tried to do for maximum profits. SHF seems to have lied when they said they "covered" their shorts and instead poured billions into short attacks to drive down prices, shill articles and online shills to create FUD (Fear, Uncertainty and Doubt) to prevent FOMO (Fear of Missing Out) and YOLO (You only Live Once). Apes across multiple platforms, Reddit, Twitter, 4Chain, FaceBook, Free Republic, etc. Marched to the front lines of their brokers.

They bought shares of GME (and AMC/Nokia and other "meme" stocks). They transferred out of Robbinghood (Hoodwinked). Many fell in love with Fidelity.

Fidelity is cool, but it turns out they like almost all other brokers house "your shares" with the DTC. Those f'ers lend the shares to hedge funds and banks who then make FORTUNES via manipulating the stock. Cohen and other "Wrinkly Brained" Apes (wise apes) appear to have hinted since January or earlier, to Direct Register your shares (you can do it with most companies). The Direct register is via ComputerShare.com. This takes your share out of the DTC and puts it in your name. When the float is completely registered, the theory is game over.

What happens then? Don't know. It is a hell of a lot of fun to be part of the game. Even if it is one share or a factional.

.X (fractional share holder)
X (1 to 9 share holder)
XX (10 to 99)
XXX (100 to 999 - propose or dolphin)
XXXX - baby whale or beluga
XX,XXX+ - Sperm Whale

Hope that helps.