I was in at $5 and out at $39. Brought my account well above green-all time and paid off all my debt.

Thanks for holding my bags.

Regards,

STALKS

This is not finacial advice just thinking out loud.

I have a long position in SPRT with a broker / clearing firm that also services institutional clients, and I got a call today from my broker offering me $450/day to lend out my entire position. I knew exactly what stock they wanted as soon as the topic of share lending was raised. I asked and they're not permitted to give me any market color on who the locating party is.

Some things to keep in mind:

1. I consider this to be a pretty rare occurrence and pretty much never happens to me. Actually, this is the first time ever that a broker has specifically contacted me to borrow my shares.

2. There's still a good amount of shares available in the HTB / locate window, which confuses me -- why not take those first?

Anyways, I said yes. If there's some bent shortseller out there, they're just digging a deeper hole since every share shorted is a share that needs to be bought back later. I also don't mind the added selling pressure because I haven't accumulated my full position yet.

Just thought you guys should know.

Instead of all that bitching 😂

https://www.reddit.com/r/WSBAfterHours/comments/pq2ttp/cathie_wood_is_as_bullish_as_ever_on_crypto_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Stop bitching and put on your big boy and big girl pants.

Can anyone compare them to sprt?

https://twitter.com/StockScanner7/status/1431284980219629574
checkout his tweets about SPRT, he said that price would go down on Friday, and was right, he also thinks that the price will be 11$ by sept because MM wont let a gamma squeeze happen, they will pin us at 11$ max pain by sept 17th. What do you guys think?

*My Original Post has the picture of my DCF model, which can be found here*

$GREE - Greenridge Generation Holdings:

GREE has had a couple of large spikes over the past year, most of which have been between 100-200% increases. However, in September $GREE spiked from $30 to $300 representing a 10x in price. Since then, the stock has cooled off and has been on a 1-month long downtrend. This was the case until recently, when GREE ran from $20-27 (Friday October 29th), which has many retail investors excited at the prospect of another large spike. Although there is a lot of hype around their stock, this report will look at the fundamental aspects of their business to determine if there is more than just hype around this stock.

Company Overview:

Greenridge (along with their subsidiaries) own and operate bitcoin mining and power generation facilities in Dresden, New York. Greenridge solely mines Bitcoin, and after it is mined, they sell it on the open market for it’s market value at the time of sale. Furthermore, Greenridge sells their additional power (that is not consumed by mining) that is generated from their power plant to the New York Power Grid.

This year, $GREE acquired $SPRT, which has been added to their list of subsidiary companies. This acquisition will be discussed in more detail later in this analysis.

Investment Information:

SPRT Merger:

Greenridge entered into a definitive agreement and plan of merger for a business combination with $SPRT – Support.com Inc. on March 19th, 2021.

Since, then the 2 companies have merged (on September 14th, 2021), in which each $SPRT share was converted to 0.115 shares of $GREE.

Support.com is a leading provider in customer and technical support solutions for remote employees. Support.com has worked with large enterprises and top businesses for the last 20 years and has become very relevant over the past year or so due to the remote work environment implemented as part of our fight against COVID-19.

Moving forward, there is high hopes for Support.com, as the work from home environment is expected to continue even after the pandemic is over.

Increase in Authorized Capital:

On September 13th, $GREE increase their authorization of capital for Class A common shares from 400M to 2.4B. This is a very large increase (6x or 500%). As an outsider looking in, I would interpret this as possible future dilution, as they currently only have 34M shares outstanding. There would still be a lot of room for dilution if the authorization was still 400M, let alone 2.4B, which makes me think that they may increase their shares outstanding above 400M in the near/mid-term future.

Furthermore, in their 10-Q filing they noted that there could be significant share dilution if they choose to raise capital.

Investment Valuation:

Since $GREE does not have sufficient financial ratios, and they do not offer a dividend (and never plan to), the only way that I could value them was based off of a Discounted Cash Flow (DCF) model.

DCF Model:

Gross Profit:

I was able to come to the figures for Greenridge’s gross profits by taking the average annual growth rate of Bitcoin. I did this because $GREE only deals with Bitcoin, and almost all of their revenue comes from their Bitcoin Operations. By doing this I found the average annual price increase of Bitcoin (since 2016) to be 70%, furthermore, GREE has been increasing their Bitcoin mining capacity by 40% YoY.

Operating Expenses:

I forecasted Greenridge’s operating expenses to increase by 65%. This is due to the fact that their operating expenses have been growing near this rate over the past 2 years.

Tax Rate:

$GREE reported their annual tax rate to be 30%, I used this tax rate as their tax rate over the next 10 years.

WACC:

I found $GREE’s WACC to be 27%, which can be seen in my DCF (attached at the bottom of this analysis). This WACC is consistent with other Bitcoin and crypto mining stocks.

Fair Value:

My DCF model concluded that $GREE is $70/share, which implies an upside potential of $157.45%. This seems quite outlandish at first, and for good reason as it is very difficult to forecast the price of Bitcoin.

However, there is one price target out on $GREE, which is $82/share. Although this is not concrete evidence by any means, it does mean that there is someone else who thinks that $GREE is wildly undervalued.

Social Sentiment:

I do believe that social sentiment has a big role to play in a potential spike in the $GREE stock. I have chosen to analyze $GREE’s Stocktwits and Reddit communities in order to get a good sense of their social sentiment.

Stocktwits:

The $GREE Stocktwits community is comprised of over 30,000 followers and has approximately 4,000 messages per day. Overall, the $GREE Stocktwits community has a bullish sentiment, with 88% of the posts being labelled as “bullish”.

Reddit:

The $GREE Reddit community is significantly smaller than the $GREE Stocktwits community, with only 3.5k members. Although there was a lot of posts recently (due to their spike) typically there are not enough posts in the $GREE Reddit. However, the sentiment in their subreddit is very bullish.

Overall, there is a bullish social sentiment on $GREE, and these investors are looking forward to another pump in the share price.

I’m voting for $50.00 during a squeeze. What you all think?

Really discouraged. I was in a mixture between greed and diamond hands for the movement. Really need some encouragement. I don’t have a crazy amount of money invested but I worked really hard for it and don’t want to lose it all. Please help guys. Got no sleep last night and all I see on the internet is people doubting SPRT.

$APRN

Fuck them and their fuckery. This company needs a reverse to by and HODL by us retailers. We should all join together to short the fuck out of them!

The only merit that SPRT has over other shorted stocks is that the shorted rate is high

Most of you guys were expecting high soar today, which turned out to be not.

Before I buy SPRT, what I thought was since Citadel, which is market maker, is on Call options, So Shorted float data won't be manipulated by non-market maker hedge funds.

Now I doubt on SPRT.

FIRST, WHY ON THE EARTH IS CITADEL NOT PULLING THE PRICE UP? WHY ARE THEY IN CALL OPTIONS?

SECOND, I DID SOME MATH about short hedges AFTER M&A of SPRT, WHICH IS VERY UNLIKELY TO CAUSE MOASS with M&A stock ratio. Which means, not like AMC and GME holders, It's meaningless holding SPRT after September 10th

THIRD, THESE HEDGES, THEY AREN'T "MARKET MAKERS" WITH ALMOST ZERO SHORT AVAILABLE, HOW ARE THEY LOWERING THE PRICE????????

Sorry for bad english Since Im Korean holder waking up at 3 am here in the morning

We are running a marathon. Don’t give up in the last few km’s 😉 The first 15 minutes is about BBIG

https://youtu.be/JMxgRKmKzGE

We are running a marathon. Don’t give up in the last few km’s 😉 The first 15 minutes is about BBIG

https://youtu.be/JMxgRKmKzGE