$Meta Materials (MMAT.US)$ Without institution buyers, this ...
$Meta Materials(MMAT.US$ Without institution buyers, this stock is going nowhere. It takes major bullish news from the company to attract major money in. Right now, I think it is making a bottom at low $3. Downward risk is limited.
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PsychedeliccA : Damn Im all in CEMI on in a different acct. This is what has me VERY CONCERNED. Inflows and volume sent the stock soaring. The math doesn't add up because volume almost doubled the amount of shares and the price tanked. There weren't any more available shares to short. I am Bullish on MMAT. I just think we may have to wait a long time. Thats fine???? But I lost EVERYTHING!!! So far the Preferred shares are the only hope? FTDs aren't being addressed. Its a MAJOR LETDOWN To me. lost 85% got half my shares. Can't help but feel resentment
PsychedeliccA : They halted trading when CEMI Rallied $2?? WTF? I do believe it will squeeze. There aas even outstanding breaking news? So the reason Im mentioning CEMI is even under the MOST BULLISH SCENARIO? TANKS 20 %. C'MON MAN??
71598157 : I got in before the merge but I bought trch, all was well until the split, share price doubled then dropped, the split messed up the stop orders. so now my average cost is just under 11 instead of mid 4. still haven't seen the preferred shares price yet. I see them in my account but nothing just a ticker mmat-1
PsychedeliccA 71598157: We just have to do the best we can. I absolutely wish I had made a better decision. You live and learn?? Sentiment is ruined and even with a BEST CASE scenario we have WAY WAY more available shares than most. Every catalyst everyday every week only results in More Pain. My preferred shares will have to do. gonna sell some now. I have bills to pay and didn't think Id LOSE 85% with half the shares. WOW if not for the reverse split we'd be under $1 not saying we still might?
veggie money : exactly I lost 80%.
71598157 PsychedeliccA: what are the preferred shares priced at? bought them in robinhood and I don't have a price. I emailed mmat and they said they aren't traded so they can't give me a price
PsychedeliccA 71598157: No one knows? The way we've been resilient hasn't been easy. Not knowing what the Preferred Share price is tough. There's a method behind the madness. I can't wait to see what We're going to get. How would you feel if you don't know how much you owe?? That really sucks. In a few years people are going to say. Damn. Wish I woulda bought at $23 when it was cheap.
PsychedeliccA : I am a knuckle dragging cavemen 4 sure. I did a little math to ESTIMATE because there's no way to know if they are waiting for the ink to dry or interest has stagnated. So Exxon put. bid on a place and got it.