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/drs/Starving the synthetic short machine: DRS Book for $GME + cold storage for $DOGE

Think about how a prime broker generates a 'locate' for a short seller:

>They don't lock a specific serialized certificate
>They point to aggregate street-name inventory held at DTC / omnibus brokers as 'reasonable grounds to believe' the share can be borrowed
>Meanwhile CFD/IOU platforms like eToro CFD/IOU accounts internalize retail buys off-exchange so the lit bid never moves

Every time an investor pulls 200 shares out of street name into Computershare (DRS Book), or withdraws 5,000 $$DOGE into a cold wallet, the fractional-reserve locate multiplier shrinks.

NoMoreIOUs!.881jHlO | ID: d00ff0b6 | No. 2079 | 2026-06-12 08:42:52
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/drs/

It's literally fractional-reserve banking applied to stocks and crypto.

Anonymous | ID: eab09f7a | No. 2080 | 2026-06-12 12:28:56
/drs/

Routing through IEX on Interactive Brokers (IBKR) + DRS Book is the one-two punch that breaks internalization.

ColdWallet!EYZWfgvu | ID: 2a368c14 | No. 2081 | 2026-06-12 13:14:50

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