Replies to post #3685 on Meta Materials Inc (MMATQ)

[Stockman1010101]

I agree. The proof is in the putting. Wake up and smell the coffee misguided shorts here.

[trader59]

Once again, the only factual data for short interest on this stock is from FINRA, and it shows it was less than 3% at the last data point, and was 4% the previous data point, same for most of the data points for the last few months.
All that crap about it being higher is a made up lie by a bunch of twitter/stocktwits pumpers to flip the stock for a profit, screaming "BUY and HOLD" while they're selling their stock. The PPS dropped from $12 to $3 because they were selling stock. Con artistry at it's finest.
You know that former CEO got a nice stake of that preferred stock, right? The former COB got even more. Pretty good payday if they held it to $12.

[TenKay]

The halt had zero to do with shorting.

It has everything to do with the fact that the stock was essentially worthless after December 8, and was being pumped over some bullshit naked short narrative trying to get unsuspecting buyers to purchase the then worthless stock.

FINRA prevented that.

It’s their job.