FattyLau
2022-03-21

$Meta Materials Inc.(MMAT)$Do not invest inMMTLP as the company already said this ticker is not linked to MMAT. If you want to investlong term, go for MMAT. 

MMTLP is a ticker set up by HF to trick the retailers into selling the original preferred sharesso that they can use that to cover their position under the TRCH ticker. 

The best scenario we will see here Is MMTLP will stop trading after the dividend is announced. The shorts will have to buy back MMAT astrch is no longer available. Furthermore, they will have to pay up the dividend in order to cover their short position. This will cause MMAT share price to go up. 

Note that the above understanding is extracted from information shared. This is not a financial advise and you should do your own due deligent before buying this stock. Lastly, MMAT should be the correct ticker. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jolynnnnnnnn
    2022-03-21
    jolynnnnnnnn
    I was given MMTLP shares after the merger, what do I do with it? does it make sense to hold it at all?
    • FattyLau: 
      The mmtlp share price that you saw is not the dividend price. Dont be fool by it. Remember, just hold. This ticket rightfully will disappear when the dividend is announced
    • FattyLau: 
      Hold. Do not sell as you might lose your right to the dividend.
    • jolynnnnnnnnReplyFattyLau: 
      thank you for the goodwill to help us. will sell after dividend :) I'm long on MMAT and expanding position progressively.
  • jigglyp
    2022-03-21
    jigglyp
    Are you bullish on the later movement of this stock?
    • FattyLau: 
      I’ m long on this stock. Theres nothing to be bullish about at the moment as their produc tion line is still not ready. Im expecting good profit margin when the production start.
  • zingzy
    2022-03-21
    zingzy
    So that's the way it is, I see, thanks for the heads up.
  • poppii
    2022-03-21
    poppii
    Thank you for the information, it was very helpful.
  • jolynnnnnnnn
    2022-03-21
    jolynnnnnnnn
    😯😯 omg alright thanks!
  • VirusK
    2022-03-22
    VirusK
    👍🏻
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