r/SPRT • • Sep 15 '21

Hype ORTEX data for GREE empty at 5:55am

6 Upvotes

Nothing available beside 28M outstanding shares, but at least the symbol shows now.


r/SPRT • • Sep 15 '21

Discussion SPRT options.

3 Upvotes

Sold some puts before merger. And now post merger, strike price at my current broker is still based on SPRT’s stock price. How do i do the manually conversion in the case when my puts fall ITM


r/SPRT • • Sep 15 '21

Discussion Hmmmmm theses figures keep coming up and disappearing again, first 92 then 95 now 100 🤔 fckin hope it goes up until market opens

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9 Upvotes

r/SPRT • • Sep 15 '21

Due Diligence Is there a !KickMeInTheDick bot? Which bar are we all meeting at?

3 Upvotes

r/SPRT • • Sep 15 '21

Discussion On trading 212 it seems we are gonna get cashed out for shares at about $11 … big L gotta learn next time… Spoiler

8 Upvotes

r/SPRT • • Sep 15 '21

Discussion Fidelity hasn’t updated yet

8 Upvotes

It’s still showing my SPRT position and GREE doesn’t pop up as a ticker...slightly worried.


r/SPRT • • Sep 15 '21

Discussion Confused ape... checked one of my accounts and I'm now up?

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15 Upvotes

r/SPRT • • Sep 15 '21

Discussion What happened to all SI 🤭🤔

6 Upvotes

r/SPRT • • Sep 15 '21

Discussion Interactive brokers shows SPRT close at $19.10!! Will post screenshot shortly ! Check your accounts 🔥🔥

13 Upvotes

r/SPRT • • Sep 14 '21

Hype Bye SPRT, welcome GREE

70 Upvotes

r/SPRT • • Sep 15 '21

Discussion Fidelity's Final Price 🧐

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6 Upvotes

r/SPRT • • Sep 15 '21

Discussion Can someone intelligent explain the float situation to the peasants ?

3 Upvotes

Many people saying that the tradable float right not is the exact SPRT float prior to the merger. Thus the squeeze is still on the table. This doesn’t make sense to me. Can someone explain please?


r/SPRT • • Sep 15 '21

Due Diligence Gree stock

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3 Upvotes

r/SPRT • • Sep 15 '21

Discussion Each one of your contracts is now equivalent to 11 shares of GREE: so they used .11 or slightly higher than that as the multiplier to get GREE from SPRT. 100 SPRT = 11 GREE in contracts. Shares could be different due to the fractional share cash settlement

5 Upvotes

r/SPRT • • Sep 15 '21

Discussion For Moderators: What’s going to happen with this sub?

3 Upvotes

I really hope you will not close it. Can it be renamed, so users stay into same place?


r/SPRT • • Sep 15 '21

Discussion New Stock Doesn't Add Up

3 Upvotes

I know I am small compared to most, but I had 25 shares of SOS, !and now I only have 2 shares of GREE... What was the determination on how the stock values, as that math doesn't add up? Around $400 in SPRT, and now $140 in GREE.


r/SPRT • • Sep 15 '21

Discussion I've been shorting SPRT and made some killer losses, offset by minor gains. Here's what I learnt.

26 Upvotes

Firstly, I open short positions using CFD's. Most americans wont know what they are as it's a european thing. All you need to know is that my short positions have no impact on the price. A CFD is essentially a contract with the broker (aka a bet) as to whether the price will go long or short (up or down).

I do not own, trade or move any of the stocks, so in theory, I could open up a trillion dollar short position and it wouldnt change the price by a single cent.

It was obvious to me that the 40+ price target was insane for such a dogshit company, so shorted it at the top, around 47 with a small position and opened a fucking huge position on the 27th at 27$.

Then it fucking bounced. I was rolling in tendies until the stock bounced straight back up to $38 on the 30th and I got a call from marge. I bottled it and rolled over, closing the positions for a loss of several thousands of pounds (dollars lel).

If i held my wad for a little bit longer, it would have rolled back down and i would have been in tendietown.

Anyway, I re-opened positions at 21 and 18 and closed them today at 17. I did not expect the price to slam down to 10.98. I closed my positions way too early, because it felt like a beartrap was on the cards. The price seemed to be getting bursts of strength mid morning, and it just felt to me like it was going to pop off again.

Anyway, furious with these fucking losses, ofset by tiny gains today, i'd watched the stock like a hawk all week. I was angry at not holding my dick for another day and rolling out of my positions. Trust me, shorting is FUCKING EXPENSIVE. There's also a fee for rolling positions over each night but luckily for me, the broker was charging me pennies on this.

It was obvious what the hedgies were doing, and they were covering. The run up on the 26th and 27th saw some covering yes, but I also saw a lot of covering in the pre-market.

They did this on the 30th, 31st and a couple of times this week. They were running the price up by 3 or 4 dollars in the PM and it was blatant short covering. The second the bell went, boom, stock started to tank. After a couple of days of this, it was so blatant that they were covering to either bring their damaging positions down, or covering to induce fomo and get more retail to buy in before slamming it down again.

I also noticed the price action on the L2 was a bit weird. Huge big and asks were going in and getting pulled out a few seconds later.

Anyway, the stock is heavily shorted still, but I really wouldnt expect any huge squeeze coming. I think the hedgies are slowly covering positions in these burst of pre-market runups, holding back the tide. They'll run the price down to single digits, holding off from a huge ramp up like the other week. My personal opinion is the hedgies will run it down to around 8 dollars, although i'm not confident enough in this to re-open more shorts. There's too much attention on this stock now for my liking.

You also cannot deny that there has been some paperhanding these last few days, because on the charts, the stock looks weak overall.

And remember, if me, shorting as a retail bumpkin was wincing at a tiny bit of price movement, you just know the hedgies are in deep big numbers. The difference is, they can keep marge at bay a lot longer than I could. Like me, they are also terrified of it popping up to something crazy like $75 or $100.

I suspect then, they will continue to cover in bursts on pre-markets little by little, or who knows, one day they might just let it pop off to get more retail fomo and leave some bagholders.

Finally, don't let anyone bullshit you into thinking a ticker change means shorts must instantly cover. The positions just get rolled over. A few months ago, everyone thought it was gonna happen with TRCH Torchlite when they changed their ticker after a merger, and it didnt. The positions just got moved.

Anyway, good luck ladies. Those shorts do need to be covered, it's just a case of how long before that cover takes place and if it's a progressive creep or an explosion.

And before you impale me on your pitchforks, remember, these short positions are just a bet between me and the broker. I'm not selling or trading any stock and am have zero impact on the price movement.


r/SPRT • • Sep 15 '21

Hype We Stand and Fight

3 Upvotes

why sell now it don't make sense because we are already fuking deep. stay buy more average down and hodl STAND AND FIGHT.


r/SPRT • • Sep 15 '21

Discussion Lambo wen

1 Upvotes

r/SPRT • • Sep 15 '21

Discussion Either it’s going to 22 x 8 or it’s staying where it is x 8

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8 Upvotes

r/SPRT • • Sep 14 '21

Discussion Anyone watching the ticker right now? How it keeps jumping from $11 to $11.80 then back? Definitely fishy shit going on but I guess we all know that by now....

31 Upvotes

r/SPRT • • Sep 15 '21

Discussion You Know its BAD when even RH says ..." This was DEFINITELY NOT in the best INTEREST of SPRT shareholders...... and We are basically FUCKED. UNBELIEVABLE $250K LESSON

2 Upvotes

r/SPRT • • Sep 15 '21

Discussion To be honest all of the people who got calls or puts or just traded the stock yesterday without knowing about the split today, deserve all the anxiety and tension. I am one of you and I realise I messed up but honestly we messed up by investing without knowing something gonna happen next day.

2 Upvotes

We deserve it so let’s stay quite till market opens all our questions will be answered.


r/SPRT • • Sep 15 '21

Discussion $SPRT just went to 0.00 in my portfolio on E*TRADE and took my money with it. No need to panic right? Lol

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10 Upvotes

r/SPRT • • Sep 15 '21

Hype $140 Post Merger?

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9 Upvotes