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Keep buying the dips. With all this buying pressure it’s eventually going to pop.
These evil shorts are betting that some will panic sell. Don’t do it. This stock has two possible paths:
1. Short squeeze with a high dollar amount and an eventual crash back to realistic market value.
2. Slow rise over the next 12-24 months. Once others realize the value of the stock it will rise to over $100/share. Of course it will not be a smooth rise because shorts and options buyers will try to make money along the way.
For those considering selling. Take a look at the investor web page for meta materials; https://investors.metamaterial.com/, do your own due diligence and you will find this is a solid company with long term potential. The problem they are up against is messaging. Many just don’t understand the technology. Here’s one I think many of the non-technology people or non-nerdy types can get. https://metamaterial.com/meta-and-sekisui-collaborate-to-improve-5g-6g-communications-infrastructure/
5g infrastructure is literally going to every major city - this is huge.
Buy some shares. Set your goals and forget about it until it reaches your goal.
I just want to see the people that play by the rules win. Rather than see people that hide behind dark pool finance exchanges skirt the rules and screw over others.
I think we will eventually overcome this shadow room BS and see the law abiding citizens make some money!
It’s a mystery where the shorts are coming up with the shares to continue shorting. All the charts show there out of shares. Something is not right here.
I love it when hedge funds send their underlings to do their dirty work of spreading lies and misinformation about the company.
That says one thing: their worried this stock will breakout and they will have to cover.
As of yesterday the charts were looking good for a breakout today.
We’ll see if the shorts can secure the shares they need to hold back the run up.
Good luck to my fellow retail investors / apes. ?? ?? ??
Looks like the shorts are getting desperate and throwing a lot of dark pool money at shorting MMAT. Yesterday they had over 44M shares shorted from dark pool exchange. These are most likely hedge funds or institutional investors trying to manipulate the stock.
Don’t cower you these bullies. Hold, buy in the dips. We’ll bankrupt another hedge fund trying to mow over retail investors.
Hoping to see a large volume day to break the shorts grip on this stock.
If this buying pressure keeps up and shorts keep it up, it will result in a gamma squeeze.
A lot of shares were sold off this morning. Hoping we can fill the gap and get the stock price on an upward trajectory.
Be careful not to use a trailing stop order. The shorts will exploit it and trigger a sale.
Also, post a sale well above your target price to lock up the shares.
Hope to see you all make money on this ticker.
#MMAT
Let’s go! Part of the problem with a paradigm shift in technology is many just don’t understand the complexity of the products. Two recent clients Samsung and Volkswagen may help change the opinion of stock analyst that just do not yet understand the technology.
Volkswagen:
The price is artificially pushed down by short traders. With enough volume it will rebound.
Shaping up to be another good day. #MMAT
General accusation with nothing to back it up. Nothing but baseless attacks.
You call a 15% gain nothing?
We just need a lot more days of 10% gains to flip many of us from red to green.
MMAT has been the target of abusive and naked shorting.
SETTLEMENT DATE
SHORT INTEREST
AVG. DAILY SHARE VOLUME
DAYS TO COVER
Short Interest Percentage
7/30/2021 14,222,162 17,748,859 1 80%
7/15/2021 11,646,737 25,073,203 1 46%
6/30/2021 19,821,946 67,370,033 1 29%
6/15/2021 7,654,912 16,109,547 1 47%
5/28/2021 7,684,246 2,246,526 3 342%
5/14/2021 7,326,542 2,955,203 2 247%
4/30/2021 8,000,449 3,799,207 2 210%
4/15/2021 8,933,934 2,300,555 3 388%
3/31/2021 16,757,395 8,750,068 1 195%
3/15/2021 13,476,485 22,382,065 1 60%
2/26/2021 14,105,302 56,585,785 1 25%
2/12/2021 8,843,385 41,419,277 1 21%
1/29/2021 5,716,988 12,351,497 1 46%
1/15/2021 6,939,513 11,247,964 1 62%
Source: NASDAQ.com, Quotes, Short Interest (I added the percentage on each period (Short interest / Avg Daily Share Volume)).
As you can see there were three periods between April and May where short percentage was over 100%. Maybe one of the Good folks with a series 7 brokers license can explain this.
This is 100% bullying by shorts and hedge funds I have witnessed and many misinformation ambassadors are party to this.
The same thing happened to TSLA when it first started up, many were saying the technology was unproven and the company would fail. Well they didn’t because of the business intelligence of Elon Musk. I am convinced that George Palikaras has a similar business intelligence and can make it against the naysayers.
It’s a dark time for MMAT, but I am convinced that those that hold will make money as the stock rises.
Good link and article, but it’s clearly just his opinion.
MMAT had multiple failures to deliver in July. Hopefully these will catch the eye of regulators and we see some corrective actions on shorting activity.
https://sec.report/fails.php?tc=MMAT
The deal with Nanotechnology is a game changer. It is expected to be completed in October. So don’t sell your shares at a loss. Buy on the dips and average down.
https://www.globenewswire.com/news-release/2021/08/05/2275707/0/en/Nanotech-Agrees-to-be-Acquired-by-Meta-Materials-Inc-and-Announces-Third-Quarter-Fiscal-2021-Results.html
Meta Materials (MMAT) Investor Presentation Q2 2021 https://seekingalpha.com/article/4449248-meta-materials-mmat-investor-presentation-q2-2021?source=copyToPasteboard
Flippers bailing. Those willing to hold will make money. Flippers are getting burned.
That’s horrible advice. The last thing we should do is sell low at a loss.
Buy on the dips and hold.
The battle for a short squeeze on AMC and GME took months, and there were multiple disappointments along the way. This one too is proving to be a lengthy battle.
The patient investors will benefit. Impatient investors will lose money.
Stick with it. Hedge funds that believe they don’t have to follow rules that retail investors do will not relinquish control of their short positions easily.
Don’t lose faith and don’t sell and you will make money.
Hoping we can push this one over $4 today - $5 by Friday. Let’s get the battle rhythm started.
Apes are supposed to stick together to drive the price up. Come chimpie, jump in.
It looks like the resistance band is at $13.13. Let’s see how high we can get it before the resistance slows it down. If it breaks $13, it’s a moon shot.
Once it breaks out over 10% it will get a lot more buying pressure from day traders.
Balance on volume looks good. We need constant buying pressure to push this one over the resistance, then we fly.
MMAT is over shorted and ripe for a short squeeze.
Quitter. Your not a real ape. A real ape would stick it out till the goal is achieved. ?? ?? ??
I’m not sure how to interpret the large selling this am. Hopefully, it’s shorts closing positions.
Patience is the only option I have left with MMAT. Some bad mojo is going on with shorty and the SEC doesn’t seem to care. So we just have to be patient until enough buying pressure breaks shorty’s grip.