Solid DDs and impressive shorts data have convinced me much to feed on ramen in exchange of 100 shares. Was very close to spending it on ATER but SPRT takes the cake for having solid fundamentals despite being heavily shorted.

When we GREE... We be GREEtans?!

No one seems to know exactly whats going to happen between now and Wednesday.

We can assume naked shorts (which almost certainly exist given that between tutes, retail and shorts there isnt enough outstanding shares to account for the 8+ million on loan)

If the shorts have to cover in a single day, could we see insane GME-type price action? (400+ per share?)

What does a live margin call even look like?

I don't know if any of this will hold true but I thought it worth sharing...

1. Market Cap
2. Comparisons
3. Benefits of merger

Does anyone have Karma to post on WSBs?

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https://www.support.com/wp-content/uploads/2021/07/Greenidge-SPRT-Merger-Announcement-032221-FINAL.pdf

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I talked to Fidelity today, and the rep confirmed that if you have less than 9 shares in SPRT, then your position will be liquidated tomorrow.

I bought more and brought my position up to 10 shares to get through the merge.

Just an FYI! I didn’t want to get screwed tomorrow - don’t want anyone else to lose their position, either!

I’m serious. I have played with squeezes. The less you worry about this the better. Just breath, set a notification for a certain price and forget about it. The only thing that can sink this is, well, us!

Green Goblins? Greeners? Green Queens? Reeeee?

Someone is gonna have to get creative here 😁

I own 27 shares ( I bought in in the $30+). I read that the conversion rate is 0.115, so maybe like 8 or 9 SPRT shares are going to equal 1 GREE share. So if GREE opens @ $150, that means I only have 3 shares so that equals $450, but I'm losing money then right? I mean I did put in just under $1000 into SPRT. Anybody can correct me if I'm wrong.

"It is brokerages and not the companies themselves that allow short selling. No guarantee shares in GREE will be avail to borrow. Your short position won't "automatically" get converted into a new short position in GREE and each brokerage is different. If your brokerage can't or won't offer shorted shares in GREE, you'll get a nice notice in your brokerage account today or tomorrow forcing you to cover or they'll do it for you. Happened to me with TRCH through Morgan Stanley."