Meta Materials Inc (MMAT)

[Hercules1]

Short squeeze sends this to $5.

[Hercules1]

This can go parabolic.

Load and hold.

We will see $3 to $4 here.

[buccaneer1961]

They are waiting for the dates on that s1 ...and will do it on the last part of their last days

[buccaneer1961]

Hi

[RAlbert]

Short sqeeze is not triggered yet it seems. The whooping $100,$1000 promotions seems over the exhausted. Becareful.

[Southern Gal]

Huge day for both tickers

[weedtrader420]

MMTLP$ MMAT$

[weedtrader420]

MMAT MMTLP WOOHOOOOOO

[weedtrader420]

MMAT$WOOHOOOOOO WOOHOOOOOO

[Moonboy1]

What's up with the gap up? Gap will fill at some point.

[BeamMeUpScotty]

https://www.sec.gov/Archives/edgar/data/1431959/999999999522003354/xslEFFECTX01/primary_doc.xml

[mikar]

Link to the filing please!
Waiting….

[stocks2watch]

The stock is flying.Up 25% so far.

[gr8investment]

Yes, it'll be another retail dump

[RAlbert]

$250 million? Are they doing capital raise?

[BeamMeUpScotty]

S3 effective this morning. Offering of $250m,

[BeamMeUpScotty]

Saw the spike up to $2.30 first thing. I’m still trying to gauge sentiment as to MMAT.

[Southern Gal]

Yep

[SeniorGolfer]

Pre market strong looks like we are going to squeeze also lol

[BeamMeUpScotty]

Thanks I knew this already.

[buccaneer1961]

$MMTLP is spinning off into a private oil company. Approved by SEC Friday. Shorts must close out positions. Float is less than 78.5M. Shorts are estimated to exceed 100M.

— Copy&Paste©️ (@wdmorgan2) November 21, 2022

[buccaneer1961]

Awrsome!!

[BeamMeUpScotty]

On MMTLP yes.

[buccaneer1961]

It's thought that the squeeze will be huge

[BeamMeUpScotty]

I can see an HK*D or more type move on MMTLP quite easily because it’s estimated that there are 80m MMTLP shares that need to be covered which is more than the number of shares issued.

The number two holder of MMTLP has set hi sell target at $300+! So yes brokers will need to pay his price to get him to sell!

[buccaneer1961]

They are going private..will be closed out if you hold for the private oil co. Comming in expect 30-50 pps. But it's thought shortsqueeze will happen higher...but some say everybody will bring that shortsqueeze win over here and create another one...dont know about that one though

[BeamMeUpScotty]

So why are both constantly being spoken about together? Hold on, aren’t MMTLP shares the preferred shares of MMAT?

[buccaneer1961]

No...2 different companies

[BeamMeUpScotty]

Do MMAT shareholders get a share dividend in Nextbridge as well? I’m looking hard and asking all the big players on twitter but am not getting any replies.

All I’m hearing and seeing reported on the S1 and stated by the company CEO is that the shorts who’ve shorted MMTLP should cover because they cannot be holding a short position in MMTLP (which are the preferred shares of MMAT) when the shares are going to be cancelled (I think) in exchange for shares in a private company.

It is stated that FINRA and the shorts actual brokers will force liquidations of other holdings in the retail trader’s’ account holding the short position at any cost. I’m presuming (but I’m not sure) that brokers are ultimately responsible for making good the losses sustained by the shorting activities of their clients but I don’t know this for sure.

My personal view of this scenario is that forced liquidation will indeed happen by the broker to limit their exposure to the substantial losses their client is likely to sustain that the liquidation of their account leaves uncovered.

However, despite my having asked several players including the number two holder of shares in MMTLP (who holds 16m shares) how a short squeeze in MMTLP will automatically bring the profits into MMAT creating a short squeeze in this stock.

Just because everyone “thinks” people will bring their profits from the sale of their shares into MMTLP there’s no guarantee that they will. They might go off and invest in other companies whose share price is running on the release of good news.

That same stock holder above has now been prevented by TD from buying any more MMTLP shares. He can only close his position. The reason TD stopped him from buying more is because they called him and asked him if he would be willing to lend his shares. He refused to do so so they put a trading halt on his account stopping him increasing his holdings.

As usual Interactive Brokers who my main dealing account is with placed a restriction on opening new positions the morning that I was going to buy!

Truly Interactive Brokers seems to be bribed by short market makers to put a trading halt on stocks they are short on. Others would include TP*TW, TS*NP, CL*NV and GD*VM to name but a few recent trading halts of pink current information tickers. Hmmm and everyone keeps saying that the market isn’t rigged!

[buccaneer1961]

The first one is being closed out and going private and we get shares from the oil company at the value of the big oilfield..and there's a huge short 10s of millions of shares all brokerage houses were notified..and every share must be bought back so a squeeze. Comming..some say to 150.00 a share..then it's thought they will roll their money into here and create another here..if you don't sell your shares but hold past the cutoff date your payout will be what that oil co. Is worth. They say 30. to 60.00 a share

[RAlbert]

What is the relation between $MMTLP and MMAT?

[buccaneer1961]

Yes

[Gold prospector]

Yes

[Southern Gal]

Could be a major squeeze starting this week.

[SeniorGolfer]

Lol better get in now

$MMAT John Harding (Director) Acquires 126,000 of Common Stock at $1.74 ✅https://t.co/EyiTUq9Lzi

— Meta News🚨 (@MMATNEWS) November 19, 2022

[Mr Me]

it is now being reported that the s1 has been approved

[Moonboy1]

Did they start dilluting today?

[buccaneer1961]

And this one?

[buccaneer1961]

Nice to see 5.00 here

[SeniorGolfer]

Live from Dartmouth NS. Last time before the grand opening. The new sign is up and some landscaping done. Still a LOT on the go up here. $MMAT $MMTLP 🇨🇦❤️🇨🇦❤️🇨🇦 pic.twitter.com/8T7A35R1i0

— TFLY🇨🇦 (@TerriLynnYoung1) November 15, 2022

[da_stock_analyst]

Agreed

[Gold prospector]

Amen!!!

[cervelo]

price target now is dependent upon approval and the size of the short squeeze.
for me when it comes to squeezing the shorts I would like to see blood and most of them lose everything.
Seen to many shorts over the years destroy companies.

[da_stock_analyst]

#MMAT?? #MMTLP ?? Can we $2 tomorrow? another big move today! what are the price targets?

[SeniorGolfer]

$MMAT New 13Fs reported. Highlights:

-Major tutes Vanguard, BofA, JP Morgan, UBS, & BlackRock add over 5.5M shares. (share lending?)
-Rafferty increases position by 2,664%.
-Susquehanna doubles calls, sells 44% of their puts.
- 5 new positions totaling 646K shares.

Bullish!🔥 pic.twitter.com/JZEJZVaadS

— Exact_Perspective508 ⭕️🦍🦋😽 (@perspective508) November 14, 2022

[chumfm]

Big news coming?

[da_stock_analyst]

#MMAT ?? when can we hit $2? is it safe to buy now? price analysis

[Southern Gal]

Yep Loving
my MMTLP

[VApopeye]

MMAT is NASDAQ compliant having been over $1 for 10 days.

$MMAT CONGRATULATIONS $MMAT community! We're NASDAQ compliant (10th day above $1.00). We're healthy and back with more energy.
Retweet this if you are happy to leave this FUD behind. #GoBeyond 🔥🔥🚀🚀 pic.twitter.com/zOrP1NqWdt

— Brad Shar (@brad_shar) November 8, 2022

[da_stock_analyst]

#MMAT ?? #MMTLP ?? setting for squeeze set up! bullish chart set up? should you get in now?