Good detailed explanation and tracks from personal

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sjacobs26 z_smith01 #153993
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Good detailed explanation and tracks from personal observations of direct offering direct acquired shares and exercised warrants deposited into ComputerShare.

To add to your explanation, for some shares acquired I was able to get the restriction lifted and ComputerShare to issue a stock certificate that Fidelity accepted for deposit. These shares were not sold, but as you noted they appeared to be included in the daily short sales for that day….likely due to being newly registered shares (as you also stated). These shares are still held and are normal shares once deposited into a brokerage. I also successfully did this for some exercised warrants a few years ago.

I am currently trying to navigate the obscure process of transferring shares received from the warrant offer last year. This has been more complicated than what I had to do previously, but ComputerShare has noted the process is easier if I were just selling verses trying to transfer the shares as a deposit into my broker account.

Hmmmm, now I’m curious if these ComputerShare shares assisted the infamous June 30, 2020 short attack. Obviously this was a short attack, but seems likely that some longs may have taken advantage of the share price move and executed sales of shares held in ComputerShare that they couldn’t easily figure out how to get deposited into their brokerage accounts???

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