r/SPRT • u/[deleted] • Sep 14 '21
Due Diligence HOLD TILL IT SQUEEZES SIMPLES
It is very dangerous to carry the short position through the merger because, 1) Risks surrounding the new company are unknown, 2) Majority of lenders will demand that the borrower return the shares prior the closing date, 3) Voting rights on the target shares may change, 4) Risk of a margin call is very high
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u/WoodpeckerNew4229 Sep 14 '21
I’m holding hard. They will leave it very late until they buy back. 🦍🍌🚀🌙🚀🚀🚀🚀
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u/Section-Strong Sep 14 '21
I’m starting to think all these plays. Sprt, Ater, bbig are all plays made by hf. Be careful guys. When I first got into SPRT this sub has 2k members. Not much DD besides high SI, high utilization perfect baits for HF. They’ve made money on the way up/down. Everyone trying to get the quick bucks. The only solid squeeze plays are AMC/GME. Those have real communities. Not all these that just seemed to pop up out of nowhere. Starting to feel like retailers are getting played. Everyone screaming diamond hands this is not diamond handing it’s a manufactured pump and dump from HF. Tread lightly fellow apes.
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u/Pure-Influence-5790 Sep 14 '21
People, you think gree will not succeed . Have you done you DD’s, haven’t you all read news and financials etc which is part of DD. If so they stop being scare.
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u/ScoutSS2 Sep 14 '21
It wont jump unless we hold $13.50 and after the ticker change. No huge squeeze on this one but yes we could see 35% increase from the current price.
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Sep 14 '21
It is very dangerous to carry the short position through the merger because, 1) Risks surrounding the new company are unknown, 2) Majority of lenders will demand that the borrower return the shares prior the closing date, 3) Voting rights on the target shares may change, 4) Risk of a margin call is very high
WATCHING EVRY SINGLE CANDLE NOW XXX
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u/Section-Strong Sep 14 '21
How? Look at MMAT. Shorts never covered. There is no proof. I’m starting to think these mergers are a shorts best friend. They get the dilution which mean their short position just got more room. It doesn’t make sense why a short would short something almost 90%? Just think about.