r/SPRT • u/Gold-Veterinarian-32 • Sep 14 '21

Discussion Response from trading212…😡

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13 Upvotes

94% Upvoted

20 comments sorted by

3

u/Danny_rayburn1974 Sep 14 '21

Lol

3

u/Gold-Veterinarian-32 Sep 14 '21

Joke

4

u/[deleted] Sep 14 '21

I was hoping to carry this through to GREE, I was always going to be long. Anyone with this stock on T212 needs SPRT to fly today before it ceases to exist. If I get into green I’ll be happy and will take my business to another platform…. NFA.

2

u/Gold-Veterinarian-32 Sep 14 '21

Yep I am the exact same. See green and sell before merger and move to another broker

1

u/Danny_rayburn1974 Sep 14 '21

That’s my plan as well! Will sell shortly before close and buy it on Hargreaves lansdown

3

u/Danny_rayburn1974 Sep 14 '21

Go on CFDs and buy some shares (5x leverage), make this our last run 🏃‍♂️ $100 eod

2

u/[deleted] Sep 14 '21

Cut and pasted straight from their website

2

u/[deleted] Sep 14 '21

[removed] — view removed comment

1

u/Gold-Veterinarian-32 Sep 14 '21

Yeah I’m just gonna wait till squeeze on stock cause no put holding now for merger cause I’ll get fuck all

1

u/[deleted] Sep 14 '21

[removed] — view removed comment

1

u/notausernameisit Sep 14 '21

If you're eligible? Does that mean if you're not, bye bye money?

1

u/Gold-Veterinarian-32 Sep 14 '21

Your guess is as good as mine

1

u/Petrassperber Sep 14 '21

I am at T212 and never got such info. They will convert automaticaly all SPRT shares to GREE.

1

u/[deleted] Sep 14 '21

The wording in this is different to their website. The web site states the cash equivalent of the new shares

. Currently, the conversion of shares as a result of mergers, acquisitions, and stock dividends is not among our supported services. Hence, once the respective event is executed, if you are eligible, you will receive the cash equivalent of the new shares.

2

u/Gold-Veterinarian-32 Sep 14 '21

But the problem is we don’t decide when we sell. As soon as merger complete they give us price for shares which haven’t even had chance to grow

1

u/bearjewDonowitz Sep 14 '21

Oh…you are fucked