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I just spoke with TDAmeritrade agent. He told me that they did not yet get the "Corporate Notification" notice from DTCC. They will not force close any of their customer short positions, because no customer/account holder is allowed to open a short position against stock ticker MMTLP at TDAmeritrade. So what the heck is everyone expecting against TD Ameritrade to do????
Anybody know what the F...K is going one with this forced close short position business at TD Ameritrade ???
I know Fidelity allows their customers to open a short postion against MMTLP.
I do not know what the other brokers are doing?
So don't buy today then
clock is tickin', only 5 mil shares traded so far, weekend gettin' closer, ANT
This is a pump and dump. Saw this from Schwab on social media. What it's telling you is they're not going to let anybody buy your stock after today, and you'll be stuck with it. That's exactly what the pumpers want, they'll sell everything no later than today, and the naive investors will be stuck with a horribly overpriced private company.
Just picked up another 100 MMTLP shares at $4.50. Thanks sellers/shorts.
GLTA MMTLP SHAREHOLDERS AND TRADERS.
they need to close their position, the lender won't tell 'm: u know what? " I've lended u shares, but u don't have to give 'm back ", imosho ANT
I dont sell on the ($10) cheap people. Selling daytrade shares from today any price above $20. My core backbone shares I will sell at different prices above $100. Hopefully we see $1000 soon.
GLTA MMTLP SHAREHOLDERS
REMEMBER DTCC CAN NOT WITHOLD THE CORPORATE NOTICE. IF THEY DO MAJOR LAWSUITS WILL BE COMING AGAINST DTCC FOR BEING COMPLICIT WITH SHORT FRAUD. WE ALL GET THE COURT ACTION PAYOFF IF IT GOES THIS FAR.
WE ARE IN A WIN, WIN, WIN SITUATION WITH MMTLP. ITS WORTH ITS WEIGHT IN GOLD.
GLTA MMTLP SHAREHOLDERS
i'm keepin' my initial position for the exchange though, fyi ANT
Good move. Congrats.
I do not mind daytrading some of my MMTLP shares. I have a strong feeling my gains will be huge just daytrading as well as when shorts are covering.
It's all a piece of cake easy money now.
Future congrats to the smart ones trading now.
bought some mmtlp at 4,10 just now, this is no normal tradin', like that 100% spike in 10 minutes, somethin' to think about, i made my decision, ANT
REMEMBER SHORTS ARE IN TROUBLE. THIS IS THEIR LAST ACT BEFORE THEY COVER.
DTCC IS COMING OUT WITH CORPORATE NOTICE TO BROKERS SOON TODAY. THEN WE FLY TO THE TEENS AND ABOVE.
GLTA MMTLP SHAREHOLDERS
REMEMBER,
SHORTS MUST CLOSE.
SHORTS MUST CLOSE.
SHORTS MUST CLOSE.
SHORTS MUST CLOSE.
SHORTS MUST CLOSE.
SHORTS MUST CLOSE
GLTA MMTLP SHAREHOLDERS
Just picked up another 100 shares of MMTLP at $5. Thanks sellers/shorts. You doing a great job in giving us bargain basement MMTLP prices.
Can someone post L2 during the day for MMTLP please.
Thank you
yes THE GOVERMENT LIES !!!!!!!!!!!!!!!
Was that the short squeeze? Thought this was going to $100 haha
Fintel CTB 135% nice try
FINRA’s (AKA - the regulator) site is a lie?
This is a pump and dump built on a typical “get shorty” fairy tale. The short interest on this stock, per FINRA, is about 4% of the O/S. Folks are going to get trapped with stock in a horrible, private company.
As those dates gettin' closer, the quackin' will get louder, make ur decision and act accordingly, i'm ready, fyi ANT
another BS SITE !!!! nothing but a LIE !!!!!!!!!!!!!
Here's the only legitimate source for short interest on any stock:
https://otce.finra.org/otce/equityShortInterest
All the tweeters and twitters fully understand that there is a very small short interest position and will surely sell off before the cut-off date at whatever profit they can flip for. They're not going to get stuck with grossly overpriced stock of a private spin-off.
Anybody on social media telling folks to buy stock have some they want to sell.
Sounds like you are the only person out of thousands shareholders who claims the number of shorts is 6.5M. Considering how many shares traded today and this week. Maybe you are right I'm very disappointed we did not get a big run up like many were expecting. If we don't have a major squeeze by Monday I will think twice before listening to all the con artists. It feels now like we been conned. The brokers are keeping silent at the 11th hours. WHY ARE WE BEEING DEFRAUDED.
We shall see who was right. I hope and pray you are wrong.
GLTA MMTLP SHAREHOLDERS
Pump-n-dump? Are you kidding? ACLTear, dig deeper!
I have not been involved with this stock, but it was sent to me a few days ago, and I got around to looking into it today. I'm sorry, but I concur with trader59. This definitely appears to be a pump and dump. I don't know where all '80 million... 200 million shares shorted' nonsense came from, but it is not accurate according to FINRA. I am providing a link below. Take that to FINRA's website and type in MMTLP.
https://otce.finra.org/otce/equityShortInterest
You will see that 6,425,704 shares are shorted, as of the most recent data. We will be getting a new report on Friday, so we will see what that tells us. With a float of over 319,000,000 shares, this is hardly significant. Also, with the high volumes in recent days, it becomes easier for shorts to cover their positions.
Let me add something for all of the non-pumpers out there that have bought into this ticker with actual hope of gains. There are those that misconstrue a number called Daily Short Volume as market makers taking a short position, but this is false. Please see this article, specifically the paragraph labeled “The Misleading” – Daily Short Volume.
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
I don't know where all these big numbers are coming from, but most pumpers usually use these numbers to skew the narrative. I would encourage those to either take what profits you might have or to cut your losses because who knows what could happen in the next few days.
Hack job from a pumper rag. FINRA has the only legitimate number, and it isn’t 80M.
I read a press release that stated 80 mill shares to be shorted
There isn’t anything close to a 200M share short. That’s complete BS, typical scapegoat for the pumpers selling their stock for profit. The short interest on MMTLP was 6.4M shares and zero on META, directly from FINRA’s site.
the DEAL is 1 for 1 shares.......YOUR BROKER MUST COME UP WITH THOSE SHARES !!!!! END of STORY !!!!!!!!!!
Question, what happens if shorts do not close their position and their broker does not force close their position. Who is going to sue who for what? Obviously lets hope it does not happen, but lets say a few sneaky shorts get away with it and steal the money from when they opened the short and never closed it?
So how 200M shorted shares (consisting of Torchlight and MMTLP Shorts) going to close in 3 days.? You think the shorts are going to close 200M shares in one day at this rate of 4 Million shares per day? If so, let me know what you are smokin I want to try some fantacy thinking myself?
the fear is real, what counts imosho ANT
what most do not understand with these type of shorters "naked shorters" selling a stock without borrowing with bo intent to ever cover the short. just who will force them to cover? if you think our gov agencies will protect us well think again. there is no set value on the new company or the share value to us so as far as the crooks are concerned this is a straight face poker play where they always win.
what most do not understand with these type of shorters "naked shorters" selling a stock without borrowing with bo intent to ever cover the short. just who will force them to cover? if you think our gov agencies will protect us well think again. there is no set value on the new company or the share value to us so as far as the crooks are concerned this is a straight face poker play where they always win.
anyone noticed that mmat volume durin' normal hours so far hardly beats the premarket volume (20 million+)? Problem for shorts? We'll soon find out imho ANT
and they sure have trouble gettin' the volume needed, excitin' times ahead imosho ANT
MMTLP is a pump and dump on a fabricated fairy tale of a short squeeze, just like they all are. All the folks singing “buy and hold” in a chorus are selling hoping to trap the naive with worthless stock in an overpriced private company.
If there are Zero shares available to borrow and yet the cost to borrow keeps going up, you are seeing full synthetics being applied to drive the price of $MMAT and $MMTLP down.
yes there can be NO short position when that happens, if they dig a deeper hole it's gonna be more expensive for them, ANT
MMTLP they try to shake shake down until they can’t as company goes private every short must cover. Short attacks with low volume
Shorts have to CLOSE their position, not Cover.
agree, main difference with mmtlp is that mm's cannot play games durin' the extended tradin' hours or shake some shares, they have to do it durin' normal hours and time is runnin' out for them if they have to cover. I made my choice last weekend but i can understand people with less cash, nevertheless it's excitin' forsure, fyi ANT
Looks like they are simply trying to shake free a few cheap shares from day traders & paper handed investors. There could be a huge run up again today after 3..
MMTLP: Nextbridge and the fact of havin' to cover ur position are 2 different things: don't fall for it, they'll have to hand over shares to cover, just fyi ANT
2.18 THE BATTLE FOR MIDDLE EARTH
they are tryin' the same technique on mmtlp again but they just get low volume, luv it, ANT
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