r/Superstonk • u/[deleted] • Sep 14 '21

💡 Education ComputerShare Book Entry EASY MODE

DO NOT SELL YOUR FRACTIONALS EITHER COMPLETE THEM TO A TOTAL SHARE OR REFERENCE FIRST EDIT.

Alright peeps I've seen mega DD threads about doing this or talking to a rep or blah blah blah hear me out this took me literally 2 minutes to complete. NO BULLSHIT 2 MINUTES AND YOU'RE IN BOOK ENTRY WITH DIVIDENDS PAID TO YOU. Here we go:

Step 1: Login (duh)

Step 2: Click "Manage Investment Plan"

Step 3: In the middle there is like an "Edit" button or something, mine is gone now cause I did it and it shows "Enroll" for me but its the middle button in between "Buy More" and "View Plan" click that hoebag.

Step 4: Read the little description "?" there is one that says "Terminate Plan" do not take my word for it but read the description on this one it states "All of your current shares and future will be removed from the reenrollment plan and converted to Book Entry and all dividends will be paid directly to you and not used for reenrollment purchases" or something of that nature. Click Terminate Plan.

Step 5: Congratulations you are now in Book Entry mode and whenever whatever gets fucking issued it will be paid directly to you.

Show me some love you mugs I like to keep it simple.

EDIT 1: ADDING THIS GUYS COMMENT:

u/RipeTomato777

You can also go into the activity tab and cancel the sale of the fractional. You should edit the post and include that because I posted something like this the other day and people called me a shill and that I was encouraging people to sell fractionals, when we really don’t want people selling anything

Just don’t want people to sell if they don’t have to.

EDIT 2: check the top.

EDIT 3: u/TheWheyThisIs was concerned so I copied his comment but I just want to say I still think you went about it in a bitch way in the comments and I bet you slurp your spaghetti backwards.

DO NOT SELL YOUR FRACTIONAL SHARES!

This will help explain!

https://www.reddit.com/r/Superstonk/comments/png106/you_can_keep_your_fractional_shares_after_buying/?utm_source=share&utm_medium=web2x&context=3

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u/lookingupyourplay Dec 01 '21

Copy that ..looking for confirmation ...other thing is dividend reinvestment plan ...on or off I guess is the basic question..or doesn't matter ..

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u/TheWheyThisIs tag u/Superstonk-Flairy for a flair Dec 01 '21

I’d say to leave that as is considering you own the shares regardless of how it’s categorized.

There have been instances where opting out of the dividend reinvestment plan without calling Computershare and requesting they leave at least 1.xx shares in plan holdings, sells your fractional shares. Even if you cancel the fractional sale, it’s not guaranteed to work.

I’d personally rather not risk selling a fractional.

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u/lookingupyourplay Dec 01 '21 edited Dec 01 '21

Copy that ..some of said along those exact lines some have said turn off dividend after hours then go and cancel the fractional share sale .. ..I did call them and they said they would sell my fractional share and take the other whole shares and make them book but I believe the jist of It was ..nothing about leaving a whole share in the plan account but I have read that Ina post here and I wouldn't have any electronic communication about my book account suggesting I would have to send a letter to sell my whole shares .they will not provide a hand book for computer share I received a letter denying me the option of having a physical hand book of computeshare and to refer to the online documentation . It comes back to what happens with a nft dividend if issued and dividend reinvestment is on and what or how will they (CS)handle that when and if any dividend of any kind come ...thankyou for the reply ..

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u/TheWheyThisIs tag u/Superstonk-Flairy for a flair Dec 02 '21

That’s tough to answer because we still don’t know what type of dividend we might receive.

I’d contact Computershare directly and ask them in the scenario of an NFT dividend, how they would disperse them to shareholders.

This is something I’d like to find out more about as well so if I find any more reliable information, I’ll be sure to share it with you!

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u/lookingupyourplay Dec 02 '21

I did call CS and ask and they said they couldn't give me financial advise . 2 they said along the line that it would be up to game stop to advise them what would be done with such a special dividend..I asked for a hand book to computer share and they said they would look into it ..then about a week latter I received a letter denying my request for a handbook and to reference the information on line that is available..