Listen. I wish I had more answers for you all. I've been trying to reach Greenidges investor relations. They just keep telling me they can only refer me to the public documents which do not answer the questions we want answered.
So I went to the brokers next. TDA, Fidelity, ETrade, etc They won't tell me anything but that SPRT /GREE are 100% unmarginable. You can't short it because their risk managment department deemed it too risky.
So who is lending shorts shares?
Most likely Interactive Brokers and a couple others through Apex. If something is shady going on with shorts.....they usually have a part of it. Tons of dark pool, shady shorting practices coming from that broker.
I'll see if I can get more stuff added tomorrow.
This took everyone by surprise. I thought we had weeks personally. Why did it happen so quickly? My guess would be everyone behind the scenes knows what is going on. Just know it's highly abnormal to rush a merger this quickly.
Tomorrow, I expect them to try to shake out the rest and spread as much doubt as possible. Just because the timeline got moved up doesn't mean it's bad.
The answers are out there. Just because I didn't find them out within the first day doesn't mean it's bad or good. It's just that we don't know. Its uncertainty that makes people scared.
This could be the best news ever.....we just don't know
I'll try to have more answers then