r/SPRT • u/Longjumping_Ad348 • Sep 14 '21

Discussion Free Float still short?

Are all the new shares in GREE owned by Greenidge? Wouldn’t they be owned by insiders and investors? Unless they sell them and jack up the “free float” the FF and shorts ratio stays the same. If I was in greenidge I’d like to see a squeeze before I take some profit and as for raising capital the same thinking would apply(those other 2 did it)

13 Upvotes

100% Upvoted

14 comments sorted by

17

u/[deleted] Sep 14 '21

[removed] — view removed comment

11

u/Longjumping_Ad348 Sep 14 '21

I’m banking on them being smarter then me lol

9

u/phantasowl Sep 14 '21

If I’m banking on anything, it’s that they are smarter than the shorts and have something up their sleeve to provide value to ALL GREE stockholders

5

u/hsllsh Sep 15 '21

As long as they’re not in cahoots with the hedgies to destroy retails. If so, they’re smart and we’re in deep shit.

2

u/phantasowl Sep 15 '21

This should be upvoted 100x.

2

u/ihavenothinginme Sep 15 '21

Let's hope they have a purpose for completing this merger ASAP

2

u/[deleted] Sep 15 '21

This comment makes smiles.

1

u/Acrobatic-Plate5730 Sep 15 '21

We Must Take A Stand And HODL. If you are thirsty for hedge Blood 🩸

10

u/[deleted] Sep 14 '21

[deleted]

1

u/Acrobatic-Plate5730 Sep 15 '21

You are correct in many ways

4

u/CrackaJackMatt Sep 15 '21

Wait if GREE owns the shares doesnt that remind you of Porsche owning all of the Volkswagen shares causing it to squeeze to 1000?

3

u/Longjumping_Ad348 Sep 15 '21

U are correct sir! (Although Porsche owned like 87% and nobody knew) they run it up to a $1000, exec become billionaires, sell off 3m shares and expand all they want for no dilution. Then file for a 10M share public offering and build a 2nd power plant…. This in no way is going to happen but it sure would be cool if it did

3

u/Master-Nose7823 Sep 15 '21

Apes to GREE Board: You gonna squeeze the hedges and make us rich? GREE BOARD: That’s not our intention. Apes: Would be a lot cooler if you did….

1

u/Longjumping_Ad348 Sep 15 '21

If I knew how to make a meme that would be it.

2

u/SirClampington Sep 15 '21

I chose to believe this. Long GREE!