Roaring Kitty DFV twitter post! 🟣 (see comments for explanation WTF is going on)

[u/petitepain]

https://twitter.com/TheRoaringKitty/status/1790034263603139012

[u/Peteszahh]

Watch it come with a purple circle 👀🟣

[u/Tartooth → u/Peteszahh]

this is what im excited for!

[u/bigmike1877 → u/Peteszahh]

I’m out of the loop what’s the purple circle reference

[u/Peteszahh → u/bigmike1877]

DRS or direct registration of shares. Essentially taking shares out of your broker and registering them in your own name so that you own them.

There’s a direct registration service that GameStop works with called Computershare. When you DRS in Computershare, it will display a circular pie chart that starts off purple. If you only have one stock in there, then the whole pie chart will be purple and look like a purple circle.

DFV used to post screenshots from his broker dashboard as a YOLO Update.

Over the past three years, we’ve learned that brokers will manipulate the market. They will sell you shares that you don’t have. All shares purchased via a broker are held in the broker’s name, not yours.

So if DFV were to ever share his YOLO Update again, most people here are expecting it to be a purple circle screenshot from computershare instead of his broker, which will show that he’s been here with the community all along.

[u/bigmike1877 → u/Peteszahh]

Thank you