[ghosttrader13]

Might as well.enjoy the show here if we all stick together maybe we can get some money back

[howardriggin]

Think these shorts are driving it lower again. No info on preferred shares. Might be bad day. No squeeze. Looks like every holder duped. I’m a good sized holder. Guess another lesson learned. Signing off board for good. glta

[ghosttrader13]

Damn very well could see below 6$ today

[prospector777x3]

Question on Prefered shares dividend:
https://www.sec.gov/Archives/edgar/data/1431959/000119983520000329/ex99-1.htm

[howardriggin]

Just keep watching.

[prospector777x3]

They may have calls tomorrow. Could be the start. This very well could be a slow squeeze as first the full merger must fully complete and that very well could be July 2nd.

We will have lots of institutional interest and bigger investors buying in as seen by some of the huge buys that came in today.

I think its been a rough start but things are starting to get settled in and this isnt a quick one or two week trade. I think we all will be happy in one to two months, maybe sooner.

[Nebuchadnezzar]

why not? merger complete and float cut in half

[MASTERULTRA]

Before the conversion of shares... there were 2 gaps. One was at $3 and the other was at $4.00 but everyone forgot ...

[ghosttrader13]

Me neither but shorts still borrowing shares even today they have to cover some time hoping for a pr and a good one at that

[howardriggin]

Don’t think squeeze will occur here.

[ghosttrader13]

Would be pretty awesome to wake up to a short squeeze one day!!!

[ghosttrader13]

Me too I hope some how this works out for everyone the red day after day is terrible

[howardriggin]

Looked AH. Down again. I hope they give preferred shares as promised and correct share amounts and you don’t have to hold for a very long time. Hope it works out for torch holders. Hope CEO has good intentions

[airman1]

Yes will check the public float for available shares but the share cont will change when RM closes out.
I CHECKED DD with my Brokers they cant figure it out: Its all up to the Company Now..may take more time to settle out
IMO I AM BAG HOLDING for now an buying cheap shares to lock up pps. Maybe no shares available or hard to get..for short boys:))

[ghosttrader13]

Then again if people are pissed and aren't waiting around and dumping shares someone's got to be buying....

[airman1]

Just hold on..:))

[ghosttrader13]

Yeah I guess your right I was thinking worse case the company dumping shares on low volume which doesn't make since but who knows here

[airman1]

You would see it in
pps price momentum/swing action..
Buys to cover :)) or they pay back those rented shares..!

[ghosttrader13]

What's not to say shorts haven't been covering??

[airman1]

Should see a change tomorrow or early next week..?
If all brokers give a margin call shorts will be forced to cover..including any Dividends
And..that’s a FACT Jack..
They still have to completely merge the MMATF shares WITH THE Current MMAT
Pool..???
Then there is the promised DIVI??
WHO KNOWS….
GL!

[ghosttrader13]

Everyone's saying squeeze Tuesday now on a few other boards lol it's just seeming more and more like it's all a way to pump a stock at this point

[airman1]

Lets see if MM’s drop bid below $6.99 AFH!

[prospector777x3]

My account is very ugly. Just to good a tech and connections to let us down I believe.

[ghosttrader13]

Yeah its got alot of rebound to do I mean even the people got in at bottom before the split around 6 they're account has to be pretty ugly as well at the moment

[prospector777x3]

By the huge buys coming in at the end of the day I think we are close to bottom. Hopefully a bit of stability and rebound coming.

[ghosttrader13]

Yeah agreed and it still could possibly pop off but it's not looking that way

[howardriggin]

I think this was a merry go round at outset. These meme people talk it up but really. Just a fad. Will dissipate soon. A lot of traders thought this was slam dunk. I took a chance. Down 50%. My fault. Sticking with Apple. Amazon Intel. Banking stocks. These are scary and can hurt a lot of small traders. If it sounds TOO GOOD IT probably isn’t. Simple

[howardriggin]

Reverse split. Preferred shares. If it is correct. Could take a while

[howardriggin]

A close friend who is a power broker at a major house gave me speculative thoughts. Doesn’t do small transactions but we were close friends growing up. Heard from traders something about trch and meta. He basically told me to stay away from this sort of trading. New lingo called meme. Will disappear soon. That’s all I got

[ghosttrader13]

This might be some record from otc to Nasdaq back to otc all in one week.... it's only Tuesday got a long week ahead of us

[airman1]

YES..,MMATF STLL HAS TO COMPLETE THE MEGE WITH MMAT..THIS EVENT SHOULD CHANGE PPS VALUES;
STILL NO WORD AS TO POSTED DIVIDEND VALUE..
per my broker contact:
When this fully closes we will know more..

[MASTERULTRA]

I can assure you guys $6 isnt the bottom. Thats the 1st test which is 50ma. If 50ma doesnt hold it would test 200 ma which is $3.00

I am not a financial advisor.

[cervelo]

what makes you think it will stop at 6?

[ghosttrader13]

I've heard that same story for a week now lol let's forget about the squeeze and focus on the company we just merged with and hope for a decent pr soon

[airman1]

Looks ugly now vwap around 7’s
MM naked shorting & some retail shorting trying to push it to 6’s.
Tomorrow last day for Broker margin calls to cover; or Brokerage will buy to cover for short share holders..tomorrow should change the momentum…?? We shall see..
Still holdin long way before
R/M/ Divi. GLTA$$??

[ghosttrader13]

No one knows honestly i guess when they show up they show up seems like they kind of screwed us time will tell

[frans]

and when the prefered shares - these not i my account

[ghosttrader13]

Well going to be half that soon

[frans]

mine are pre split now 50ù in my account

[ghosttrader13]

No sure what you mean but either way we're back to pre split levels by tomorrow at this rate not good

[frans]

that wasn't 1 for 1 ?????

[ghosttrader13]

Lol don't worry about it cause all your shares are about worthless at this point ha hoping for things to turn around idk tho it's ugly

[frans]

I don't understand here now my original (trch) shares are reduced with 50% and prefered shares not in today

[prospector777x3]

Hey!! Got the board up an running. Need some recovery with MMAT. This R/M has really gotten mucked up.

[ghosttrader13]

Yeah about to be under a dollar pre split.... wtf company must be dumping shares and shorts attacking like crazy

[howardriggin]

Hang on for ride right now down to6.00

[ghosttrader13]

This isn't looking to good here...

[Nebuchadnezzar]

eh whats up DOC?