$Meta Materials Inc. Class A Preferred Stock(MMTLP)$  

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 -


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  • Zerocool34
    ·2022-12-01
    yes,I heard this earlier.so can I say if I set sell at 20 per share,after market close on the 12th Dec and the shorts are still unable to get enough shares to cover,they will get from me at 20?
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    • Zerocool34Replying toLeopardoo
      sure.thanks alot.
      2022-12-01
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    • Leopardoo
      Just want to highlight that the record date 12 Dec 2022 could be the last day of trading. So holding beyond 12 Dec 2022 may be risky. only personal opinion and me being careful, do your own judgement.
      2022-12-01
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    • Zerocool34Replying toLeopardoo
      Thanks alot.really appreciate this info.
      2022-12-01
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  • 肯定不是帅哥
    ·2022-12-01
    The price can set only 10x from the market,that's mean if market drop to 1 dollar,we only can set at 10dollars?
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    • Leopardoo
      set it to GTC when you can set to say $80. GTC means Good Till Cancel, otherwise you have to set again when market open. Note: this is what I plan to do, and tried before, but I cannot guarantee the actual function of the app.
      2022-12-01
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  • Jo Tan
    ·2022-12-01
    thanks
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  • Abc1
    ·2022-12-01
    Ok
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  • AtomFx
    ·2022-12-01
    thx
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  • Kmsng
    ·2022-12-01
    Like
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  • Alberttomoon
    ·2022-12-01
    Ok
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  • elvinfu
    ·2022-12-01
    [smile]
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  • kelvintwk
    ·2022-12-01
    .
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  • shaolin
    ·2022-12-01
    k
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  • klins3
    ·2022-12-01
    okay
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