$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Attached is an official notification sent out by TradeZero and also the enquiry I made with Tiger. Tiger has requested the FINRA link and I have provided this evening. DTC needs to send out notification to brokers, so it takes some reaction time while the shorts continue to short down the price as much as they can to buy more at cheap price before they are stopped from shorting. Good luck to all!
$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ How to set the sell limit in advance at higher price? Answer: Set to GTC (Good til cancel). That way, it will not be canceled automatically end of the day. Note: adjust sell price higher when it rises as Tiger only allow 10x current price for sell limit **** Always double check your price before submit, as it may be reset when switching between Sell and Buy tabs. Note: Like all other trading apps out there, Tiger will not assume responsibility in the rare occasion such as network problem, that the order is not submitted. Just sharing info here, do it at your own risk.
$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Clarification with Tiger, can non US citizen receive the Next Bridge shares and do we need to register with AST. And how we track the Next Bridge dividends on Tiger.
$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Interesting conversation with TD Ameritrade broker: After the closing deadline, it will buy from the market at whatever price available set by the sellers to liquidate their short sellers' positions if short sellers cannot buy enough shares to close their shorts. YouTube (starts at 9:54) https://youtu.be/IJB1W8x9Nb8 - Not Financial Advice, do your own DD -
$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Spoke to Tiger yesterday and it will be sending out notification pending FINAR's corporate action notification. Likewise other brokers, so the real action has not been started. Below is the clarification I made with Tiger regarding the dates.
$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ Shorts MUST be covered. Various Brokers have different deadlines. Notifications by some Brokers has been sent to Short Sellers: 1. TD Ameritrade by 12 Dec 2. TradeZero by 9 Dec, Friday, 4pm ET, failing which will be force liquidation by TradeZero.