Plan vs. Book…, the debate seems to have simmered to an agreement that Book is King. However, for those of us buying direct at Computershare, we enroll in the DSPP/Plan when we do autobuys or one timer’s.

The heat lamp theory brought a new wrinkle to the story, that maybe the DTCC can access Booked shares under the same account as Plan shares, if an account is enrolled in the DSPP/Plan, or if anything remains sitting in Plan, even a fractional dingleberry, all as part of CS’s “operational efficiency” mechanism.

When a gamer is posed with a puzzle, they find ways to test solutions. One of the ways this hypothesis could be tested is if apes enrolled in the DSPP/Plan Terminate, then drop the dingleberry fractional, so their account is all Book, and nothing is left exposed to chicanery. To my mind, this is a bit of scientific testing, experimental trial and error if you will, and if apes truly became Book Kings (and Queens and everything in between and outside thereof), we would see if it makes a significant jump in the DRS share count on the next earnings report.

For those saying that we’re giving away money by dropping the fractional, here’s my thinking on that: If we have ~200k DRS’d apes, let’s guestimate only half of them are enrolled in DSPP/Plan, because not everyone is buying direct, and some apes have multiple accounts, and not all of the accounts are enrolled, etc… After Terminating and Booking the full shares, let’s say each of those accounts had an average of 0.5 of a share hanging onto uranus (personally I make sure I’m only dropping less than 0.3 of a share). That’s the monetary equivalent of one fancy coffee, or a serving of avocado toast, and if I give up just one of those things every few months before the DRS count is done, it offsets the money lost on the dingleberry. So… not such a big deal!

You can do what you want with your enrollment in DSPP/Plan, but I like the scientific method and I want to test the heat lamp theory, so I am Terminating, dropping the fractional, and seeing what happens. I hope you’ll do the same, because the day of the DRS count is likely coming at the end of this month, so you only have a couple weeks to get your buy in, settled, and terminated. Then we sit back, wait for earnings, and see if we’ve just fucked the DTCC’s “operational efficiency” in the ass with no lube.

What’s the worst that can happen? We each lose the equivalent of pocket change, and go back to autobuys and keeping fractionals like nothing happened once we’re past earnings.

Test the hypothesis! woohoo! Science! I want to solve this puzzle!