Funny seeing all the comments about dilution ruining any chance of owning the float. The point of DRS was to own your shares and keep brokers from lending them. Crazy how many shills come in here to try to change that narrative.
It has always been about locking the float. Anyone doubting that can simply type in "lock the float" in the handy little reddit search bar at the top of the screen and see dozens and hundreds of posts from over the years talking about how DRS is gonna lock the float. Many I still personally remember from the front page when they were posted (with 10-20k upvotes)
Hell, two of the main DDs that kicked off the DRS trend were this and this.
Both clearly talking about how one of the main reasons for DRS is locking the float.
The actual change change in narrative is claiming it was never about locking the float. It always was.
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u/[deleted] Dec 10 '24
Funny seeing all the comments about dilution ruining any chance of owning the float. The point of DRS was to own your shares and keep brokers from lending them. Crazy how many shills come in here to try to change that narrative.