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Big potential here imo
Low float
Low market cap
Ending of negative sentiment
GREE climbs two spots to fifth place on the short squeeze list. The float is 11.2% below par, with a borrowing cost of 108.7%.
Greenidge Generation Holdings Inc. ($GREE) closed the day at $3.53, up 25.18% from its previous close of $2.82. This signifies that the stock price has risen by $0.7400 since the previous close.
And, of course higher is always relative to the starting point. It started tanking as soon as I bought my shares.
Greenidge Generation Holdings Inc. shares are trading higher by 11.29% to $3.45 Wednesday morning on heavy volume. The stock is trading higher amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application.
As of March 31, 2023, Greenidge had cash of $17.0 million and a debt balance of $97.3 million, which was reduced from $157.5 million as of December 31, 2022.
A reverse stock split 1 for 10 is coming, then more dilution, this company has done nothing but financial rape share holders from SPRT, and will continue until they file for bankruptcy!!! I sold today, not ever going to invest any money with this POS!!
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317422545&type=PDF&symbol=GREE&cdn=b1758fca43e73759a964973b63e8fef9&companyName=Greenidge+Generation+Holdings+Inc.&formType=DEF+14C&formDescription=Other+definitive+information+statements&dateFiled=2023-04-24
BTC on the up and this continues to go down?
$GREE: 1.22... BOOoommmmmmmmmmmmm
WHATTA sweetttttttttt runnnerrrrrrrr
GO $GREE
$GREE: Now 0.88......... it wants that $1 breaker
And its gonna get it.
BOOooooooommmmmmmmmmmmm
GO $GREE
GREE BREAKING OUT IN PRE...SEE YA AT A DOLLA
GREE monster break out taking place here
was only a matter of time,potential was great and low risk high reward is always a good thing
$GREE: Now 0.62........... helllooooooooooooooo
We eatin nowwwwwwwwwww
MANGA MANGA
GO $GREE
$GREE: Charrttttttt curl........ now at 0.53.
Count me in for 25k shares
Letsssssssss goooooooooooooooooooo
Put a $0.50 stop
GO $GREE
$400,000 traded today,climb continuing after mkt .41,no sign of weakness last 2 days ,ceiling becoming floor over and over is beautiful
daily rsi,crossing centerline(strong signal bull run start),first time in 6months $3.14 pps
skipping pennies now with little vol,yesterday .04 skip,nickles and dimes with volume,someone with 50k-200k followers will find and post,many crypto mining stocks starting green today,many things going for GREE,enjoy the ride,take profit on way up when ppl are slapping ask (i plan to start scaling out around $5.00,might flip if it skips up buck or 2 quickly)
blood in water,killer whales eating shorts,pps keeps going up,up,up power hour coming,after-mkt,pre-mkt then gap up could be good
gross profit(ttm) 73M,book value per share(mrq) $2.08 ,cash 28M,wait until ppl find out new debt structure deal with this low float (lowest of all on my scanner atm)
short interest>12/15/2022 3,018,163, days to cover>7 , been shorted from $30 many did well,time to cover
gotta love .01 big candles,runs are insane fast,low risk high rewards rule,GREE is thin as gold leaf now
with 5Xs ave vol. yesterday,news coming,maybe market watch thinking about buying news now that debt is restructured (looks more like a merger to me with all the fine print,super good for long shareholders)
sma 200@$3.15,1000%+ potential,institutions pay big salaries to find investments,GREE might get found,6days now stairstepping chart with lots of buy signals starting,8mms@.37 huge frontloading demand with very few shares to short (might run out soon)
big bid building,what causing demand?,13m float,16% short float,4%insider owned,26% institution owned,s/o 41m,awesome ss huge run possible and they letting it run free atm(no toxic debt?),its getting frontloaded,i am going to follow the $$$,loading too
$GREE seems undervalued at the present price.
Still loading up? Good time to average down.
Declined quite a bit since then, unfortunately.
What's the short interest on this one?
Bitcoin back over $30k and surging! GREE will follow!
The underwriters have notified Greenidge that they will exercise an option to purchase an additional $5.2 million aggregate principal amount of Notes. The total size of the Offering, including the exercise of this option, will be $55.2 million and the transaction is expected to close today.
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