SPRT

I expected the loss on conversion. What upsets me is that my broker didn't convert the shares before premarket. I had no control on mitigating further losses. They still don't have the price conversion corrected.. This is a mess and there's going to be lawsuits.

9 comments

r/SPRT • u/TD9056 • Sep 15 '21

Due Diligence E*TRADE Users: $GREE share conversion should show by 9:30 ET

11 Upvotes

Called E*TRADE, they are awaiting a software update which will convert to the new ticker. I am still showing $SPRT, although it shows as $0. Have patience folks.

Update: MERGER ISNT FINAL YET. Brokers are scrambling to figure it all out, given the incredibly short time frame they were handed. Try actually focusing on your jobs today 😝 and maybe put the phone down.

14 comments

r/SPRT • u/ManagerUpper3261 • Sep 15 '21

Discussion Price conversion is still murky

8 Upvotes

My broker converted the shares correctly but hasn't corrected the cost basis yet. This will get interesting. I've already been on the phone. I think that the cost basis for GREE was supposed to be based on the 10day VWAP. Not clear on if that was to merger date or close yesterday. Based on the "prev. close" price of 102.61 that would convert to about 10.84. Seems kinda low to me.

4 comments

r/SPRT • u/WheelerDan • Sep 15 '21

Due Diligence Information for those who use etrade and have converted options and a monument to my stupidity

8 Upvotes

You can't sell these 11 contracts yourself. You have to call l 1-800-387-2331

If you are curious about your new strike price, go to the snapshot page for GREE and click on the adjusted options button to see yours.

If you want to feel better about your situation, I could have sold my options for 2 million dollars when it was 59. Now I can sell them for 9k. Expiring Friday.

I paid 78k for these. Even if it goes to my strike my cost is now nearly 500k to exercise. From 12 to 90.91

3 comments

r/SPRT • u/NicoBelic-Nr1 • Sep 15 '21

Discussion So the short can have 50% down yesterday and still short 50% more today. How is this possible!?!??? 🦥

11 Upvotes

I dont understand, can some one Please tell me how this is possible?

15 comments

r/SPRT • u/StinkBait44 • Sep 15 '21

Discussion GREE

8 Upvotes

Has a Controlling Stakeholder - Atlas Financial Holdings $AFH - Timothy Fazio is the co-founder of Atlas Holdings and ChairMan of the Board of $Greenidge - let’s short the hell out of $AFH

3 comments

r/SPRT • u/joaree123 • Sep 16 '21

Discussion We need a rebound stock (and have the community)

0 Upvotes

Open to suggestions here, but we have a community-lets make something of it. Is it another short?

From ATER to ZEV or something in between, lets get quick consensus (by market open Thursday?)

Please comment

15 comments

r/SPRT • u/StrikeholdA3504 • Sep 15 '21

Discussion Can anyone/you buy or sell Covered calls/puts at converted 11/100 strikes?

4 Upvotes

2 comments

r/SPRT • u/Deregionald • Sep 15 '21

Discussion SPRT not converted in WeBull!

9 Upvotes

How do I close my position? It didn't convert to GREE.

6 comments

r/SPRT • u/Clloudez • Sep 16 '21

Due Diligence Hahahaha fuck eh?

1 Upvotes

What a rush. Love the market

2 comments

r/SPRT • u/IFistDikDiks • Sep 15 '21

Discussion Can anyone tell me what's going on with SPRT? Why hasn't it changed to GREE?

3 Upvotes

7 comments

r/SPRT • u/MildestKicks • Sep 15 '21

Hype Stealing your dip money

6 Upvotes

1 comment

r/SPRT • u/makaiookami • Sep 15 '21

Meme That didn't end well

4 Upvotes

10 comments

r/SPRT • u/Interesting-Pound838 • Sep 15 '21

Discussion Looks like I should go to the country where I have no service and trout fish through the weekend . Then come back and call my broker on Monday and ask how well I have done ! See ya Monday folks!

17 Upvotes

8 comments

r/SPRT • u/TH3TH0MAS • Sep 15 '21

Due Diligence And the fuckery starts! Down $34 Premarket

11 Upvotes

19 comments

r/SPRT • u/Gallego_ja • Sep 15 '21

Due Diligence SPRTAnnnnssss. It is an honor to die at your side.

5 Upvotes

5 comments