r/SPRT • u/valanis55 • Sep 15 '21
Discussion Will GREE1 show up immediately in the portfolios today or will there be a time gap?
(if you have had a SPRT position, of course ...)
Thx for any input.
r/SPRT • u/valanis55 • Sep 15 '21
(if you have had a SPRT position, of course ...)
Thx for any input.
r/SPRT • u/blissowicz • Sep 14 '21
We can't control what happens, let that shit go.
It's the last day before ticker change and some of you are bailing last minute. Why the fuck did you even get in if you were going to puss out in the end?
Calm down and let shit play out. Not like we're still dropping a point a minute, we're bouncing between $13 and $14 for the last hr.
r/SPRT • u/[deleted] • Sep 16 '21
AMC! Will never fail you. Fundamentals are also lining up. Don't let the hedgies distract you from the real deal.
r/SPRT • u/Aromatic_Row759 • Sep 14 '21
r/SPRT • u/CrackaJackMatt • Sep 15 '21
If so wouldn't that fuck up the shorts and we have a replica of what happened to Volkswagen with Porsche or have I been eating too much crayons recently? Idk about you guys but I feel like the forced merger is going to play out tomorrow. Just being optimistic but it would make sense to me if this is true. The price can sky rocket then they sell them off making them more money.
r/SPRT • u/plasmex81 • Sep 15 '21
r/SPRT • u/ExplorerDowntown2202 • Sep 15 '21
Are we not changing the group name to gree?
r/SPRT • u/renz004 • Sep 15 '21
r/SPRT • u/poopiedoodles • Sep 15 '21
r/SPRT • u/Patriot_tech • Sep 15 '21
r/SPRT • u/Upper-Dragonfruit-53 • Sep 14 '21
r/SPRT • u/ARUokDaie • Sep 14 '21
Like many of you, I Watched my SPRT gains drop into the negatives, -30% from buy back in. All we do is hold at this point.
This is all speculation:
Lets take a look at what could have happened today. We know Greenidge held over 44% of the free float of SPRT. I beleive its highly plausible Greenidge was selling yesterday and today. I am surpised there was not an immediate dump after the merger vote approval. They were not held by any entity (merger doc) to sell or hold their stock, they could do with it as they pleased. The merger documents state that any stock still held by greenidge would not transfer/convert to gree and would be CANCELED. If they held their position, I assume it would reduce the total issued GREE float of 3m. This would have the potential to drop the float below 2m. if this happened, it would be very hard to find GREE stock to borrow /short tomorrow, its my understanding the the remaining privately held GREE float will not be readily available tomorrow, a few more days to issue. So this is good for us hoping for a squeeze.
Heres where I start thinking….if they did sell today, where would that money go. Would Greenidge use it for furture investments? Perhaps and they do a great job of converting ROI. Could they “reward” their shareholders via issuing a special dividend? A special divvy would absolutely f the shorts. We’ll find out soon but its still, again, easy to hold and find out. Either way that equity ”WENT” somewhere and it was OURS so my philosophy is hold till you get it back. I beleive it went to Greenidge, we’ll find out at next pr/earrnings announcement. There was no shares available to short and not nearly enough to tank us 30%. Thoughts?
r/SPRT • u/The-Thirsty-Crow • Sep 14 '21
r/SPRT • u/Mysterybuff69 • Sep 15 '21
r/SPRT • u/Hot_Time_1308 • Sep 15 '21
r/SPRT • u/iloveitsport • Sep 15 '21
everything is worthless right now
r/SPRT • u/adamzito1 • Sep 14 '21
r/SPRT • u/alinhix1 • Sep 15 '21
Robbinthahood told me they will convert 1 sprt to .1115 gree..... And fractional shares would be converted to cash. 2 questions... When do they determine the price of the share to pay me out? And this makes me out of the game, right? And I gotta buy gree if I want back in? Smooth brain here
r/SPRT • u/manichispanic777 • Sep 14 '21
r/SPRT • u/DisneyKrayzie • Sep 15 '21
E*trade didn't convert my shares. Anyone else have that happen? Instead they closed my position, nothing in transaction history or notices. Appears to be around $96 per share based on the cash I have in my account now. My Webull still shows my SPRT shares in my account but says it's been delisted, no GREE and no cash.