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Anyways! F&$% me right?! 8for1 r/s on $SPRU . Shame me
Do buybacks happen during market hours or in the night?
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Check out SPRU and the run they have been on. The concept behind the article makes sense.
SPRU moving up really hard.
SPRU really looking like it could take off from here. Super low float, strong earnings last month, almost all shareholders are profitable rn so no bag holders looking to get out. Not much resistance after $2.00-$2.10 range
Is SPRU about to squeeze?? Super low Float short interest doubled today with a single day to cover. Up ~5% rn are the bears gonna get fucked
SPRU here we go buckle up $17mm float is no joke this baby is going to fly
SPRU new high just broke through $1.50 resistance this thing could fly off the $17mm float don’t miss it!
SPRU setting up for sure. Low float looking to test highs from the other week. Just needs some volume to break through. Strong earnings report just released the other week as well!!!
Check out SPRU. Just reported earnings after the bell, and showed considerable improvement across virtually every financial metric. Strong solar play with low float currently $1.45 should be FMV over $10 per share easily. Just take gross portfolio value less debt plus cash divided by shares outstanding. This is an easy play.
any hopes from $SPRU (Spruce Power) earnings?
https://www.stocktitan.net/news/SPRU/spruce-power-signs-multi-year-multimillion-dollar-agreement-to-sell-clm7mqc3udr6.html
SPRU, ZIM, GME. 12k total loss. Could probably dca down a bit but will probably sell and take the tax break for a couple years.
[Spruce Power Announces 1-for-8 Reverse Stock Split effective on October 9, 2023](https://www.businesswire.com/news/home/20231002189358/en/Spruce-Power-Announces-Reverse-Stock-Split) \- SPRU Spruce Power, formerly XL Fleet, managed to screw over one of Time magazine's reporters. The resulting article is about what you might expect. [Rooftop Solar Power Has a Dark Side](https://time.com/6317339/rooftop-solar-power-failure/)
[SEC Charges Electric Vehicle Co. for Misleading Revenue Projections Ahead of SPAC Merger](https://www.sec.gov/news/press-release/2023-208) \- SPRU ( Formerly XL Fleet ) "According to the SEC’s order, XL Fleet publicly claimed to have a more than $220 million 12-month sales pipeline, which purportedly backed its near-term revenue projections of up to $75 million and longer-term projections of up to $1.4 billion. The order finds that the company’s projections, which were featured in public filings ahead of the SPAC merger, were misleading because the sales pipeline consisted almost entirely of speculative opportunities, including sales to potential customers with whom XL Fleet had little or no contact; customers to whom XL Fleet could not legally sell its products; and stale sales opportunities that had not been updated within the company’s systems." "The order finds that Spruce Power, as the successor to XL Fleet, violated certain antifraud, proxy, and reporting provisions of the federal securities laws. Without admitting or denying the findings in the order, Spruce Power consented to a cease-and-desist order and a civil penalty of $11 million, which took into consideration the company’s cooperation and remedial efforts."
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Eh...I did the ultimate stupid and bought into XL (now SPRU) at the $5.00 range...so I'm going to say....no, they don't only get better. Reverse split coming on that puppy. Will post my loss porn here if (probably when) it tanks after the RS. LOL!
Spruce Power Announces Relief Plan for Maui Customers - SPRU ( formerly XL Fleet ) "Spruce stands with its customers and will waive its billing for all customers within the impacted communities for the next 3 months. This relief is intended to provide immediate support to customers and their community, whether or not their system is known to be damaged or lost. Additionally, Spruce has committed a direct cash donation to any Spruce customer who lost a home power system in the fire. This is intended to accelerate our customers’ recovery steps and help cover their additional energy costs while damaged or destroyed systems are inoperable"
Spruce Power Holding Corporation (NYSE:SPRU) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its common stock. The share repurchase program will last through May 15, 2025.
I sold a put on a company called XL Fleet (XL) in Feb 2021 when it was at about $20. My cost to buy the shares after premium was $18ish. The stock dropped to sub $1 last year and completed a merger with a completely different industry and dropped everything from the original company and renamed themselves to Spruce Power (SPRU). I bought all the way down to $2 before giving up. I sold a bunch for taxes but am still holding about 1,500 shares of a company that isn't even the same one I originally bought into currently trading at $0.69
Spruce power. SPRU