Meta Materials Inc (MMAT)

[VApopeye]

Yes I understand the market forces, and know that you have taken a negative position.
That’s fine, but I’m not convinced you have done enough DD to state such a claim that the PPS will still be below $5 in 3-5 years.

[howardriggin]

Sorry. Stock dropping again not good for original holders. Suks! CEO should resign. Now

[howardriggin]

Thanks. But everyone has somebody “ pushing “ their stock. Sorry. Smoke and Mirrors. But thanks for info. Still think even 3-5 years still under $2.00. Good Day

[VApopeye]

Take a look at this article. This guy is fairly bullish on MMAT:

https://markets.businessinsider.com/news/stocks/mmat-stock-will-increase-its-value-as-it-rapidly-gains-new-patents-1030978089

[howardriggin]

Never shorted in entire life. Invested in this pos. Still headed to basement. Garbage

[VApopeye]

Keep shorting it, I would love to see your disdain trigger a short squeeze.

[howardriggin]

That will never ever happen in this decade. Never. Still trending to $1.90 in December. They have nothing now or in future. CEO should be investigated

[VApopeye]

I would agree with you if you were speaking from the Q3 2021 revenue numbers of $198, 175. However Q3 2021, total revenue grew 189%, to $572,612.
I would not characterize that as no growth.
Keep in mind this company is still in the development stage.
I understand that there are some very motivated short traders betting against the stock, we’ll that’s their right. But I think they will find themselves on the wrong side of history as this grows into a multibillion dollar enterprise.

[howardriggin]

Well. I know it’s my opinion but. I still think the company has nothing now or even in the future. Miniscule. Price still headed to Now UNDER $2.00. Maybe penny stock pinks soon. All original investors screwed. Simple as that. I think CEO should be investigated

[howardriggin]

Well. I know it’s my opinion but. I still think the company has nothing now or even in the future. Miniscule. Price still headed to Now UNDER $2.00. Maybe penny stock pinks soon. All original investors screwed. Simple as that. I think CEO should be investigated

[VApopeye]

Based on the last report the valuation of the company is $1.4B / 281.26M outstanding shares that puts fair value at $4.97.
Keep in mind this company is in the development stage. The future value of the company is much higher.
Hold and don’t listen to those taking short positions.

[VApopeye]

One thing I’ll agree with you on is that the company has some challenges in regards to the merger with TRCH and the dividend.

Other than that I think you are missing the point that this is company is still in the growth stage and their potential to grow to a multi billion dollar firm is achievable.

Thanks for your opinion, but your wrong about the companies long term potential.

[howardriggin]

So does Spacex rocket but. This stock headed to $2.00. Down 5% early. Now get this. They have nothing to offer. News reports are
Smoke and Mirrors. Wow.

[VApopeye]

Financials and investor letter are out:

https://metamaterial.com/meta-announces-third-quarter-and-ytd-2021-results/

Keep in mind that METAMaterials is a developing company. The investments this quarter will play off in furture quarters.

This is a long term hold stock that has the potential to grow expodentially.

[Nagrom10]

Bar chart has MMAT as a SELL.

https://www.barchart.com/stocks/quotes/MMAT/opinion

[Nagrom10]

Horrible earnings. No excuses. In Q3 2021, total revenue was $572,612. For the nine months YTD 2021, total revenue was $1,793,235. The Q3 2021 net loss was $11,425,248.

https://metamaterial.com/meta-announces-third-quarter-and-ytd-2021-results/

[howardriggin]

Anyone can read continued downward spiral and no info from CEO who promised rapid response 8 months ago. Can you understand that?

[cervelo]

you have a reading and comprehension issue howard

[howardriggin]

Pref stock worthless. Name one positive achievement this company has achieved. Name ONE. Go ahead. Make our day. CEO enjoying doing nothing. I’m out and enjoying my other 19 holdings 78 % doing well. You have been deleted. Enjoy life

[cervelo]

WRONG howard

since trch we have lost 75% in value.
and as far as the dividends, well value speaks for itself. and was there not supposed to be a cash dividend?

[howardriggin]

CEO is laughing at all holders. Nothing has happened since trch. Preferred which is a joke. Company has nothing now or in future. Another scam

[mattw69]

Then leave this board. Buh nye

[VApopeye]

Bad inflation report is dragging down the whole sector. https://www.cnbc.com/2021/11/10/consumer-price-index-october.html

[VApopeye]

Stock analyst places MMAT on buy for short term and long term: https://www.nasdaq.com/articles/meta-materials-stock-is-a-buy-on-both-long-term-and-short-term-potential-2021-10-27

[cervelo]

So do we produce a product or just race to see how many patents they can produce?

Patents do not move the share price, products and financials do.

[VApopeye]

I respect your opinion but I think if you seriously look at their investor page at https://investors.metamaterial.com/ you will see they have lots of projects going and a lot of value.

[howardriggin]

That my friend is so incorrect it’s ridiculous. The company has nothing to offer. Nothing

[VApopeye]

Not at all. I’m saying regardless of the false narrative that is being thrown, DD says MMAT will be successful.

[cervelo]

so you are saying we need trump to back MMAT?

[VApopeye]

Everyone said Glenn Youngkin had no chance of winning the Virginia Governor’s race. Well, he won. All the shorts are saying MMAT has no chance to rise. Well, it will and like Youngkin, it will succeed.
Go MMAT!

[cervelo]

nothing both are scams

[ghosttrader13]

Mmtlp is the dividend or spin off company that if you held before the merger should be getting any time now

[1hot toddy]

whats the difference between mmat and mmtlp- thx

[ghosttrader13]

Lol guess the fb rumor isn't working out for us haha

[MASTERULTRA]

MMAT OWNS TRADEMARK TO "META." MARK ZUCKERBERG SUBMITS ON MET.COM

Metamaterial currently owns “META” as a trademark, Mark Zuckerberg trademark filing states his name under https://t.co/83SNcSQH47 https://t.co/u10xX039nX

— Meta News🚨 (@MMATNEWS) October 28, 2021

[trades2win]

We can all dream lol

[nsomniyak]

Dream on.

[ghosttrader13]

I mean I doubt there's any connection maybe I'm wrong but.....

What the heck are the chances of this and then George's tweet to top it off.... either we are on the brink of something huge or were getting played like never before....

[Nagrom10]

Facebook has no connection to MMAT.

[trades2win]

Maybe FB buys mmat that will be nice

[ghosttrader13]

Thinking the same thing haha

[TradeSmart.ai]

Looking good all in here A/H’s let’s see this pop hard tomorrow $MMAT

[Nagrom10]

Facebook changed their name to Meta, so MMAT pumpers are trying to take advantage.

[cervelo]

OK just got home, what caused the jump today? was there real news? not a twitter burst, I mean real news like REAL companies produce

[howardriggin]

Where’s the CEO? Hiding under our money?

[warfaretrader]

I would agree, especially if it's not the right news! Hedge funds are totally in control in this stock with the dismal volume. On a positive side MMAT the last two trading days ended with hollow red candles. An Extremely bullish technical especially with 2 back to back. If it can get back above the 50/200 in mid 4.70's and or the right news could get a nice rally going for sure. mmat

[ghosttrader13]

Sure does seem it.... georgie keeps tweeting but we need actual news...

[cervelo]

news at this point might make the price drop even faster

[ghosttrader13]

In all honesty where is any sort of news????

[warfaretrader]

That's a great price mattw69. This is purely a trade for me. I had 220,000 shares at 4.66 after just getting back in on the first test of the ma's. I don't doubt long term MMAT has potential, but with their current valuation coupled with now being below mutual funds $5 mark not to mention below all moving, hedges and shorts will try to pile on, especially in post and pre-markets. I'll go long on a breakout of 5.05 level. gltu