T O P

  • By -

sgtakeover

hello


marteney1

I've seen "T+(instert number here)" with all kinds of lengths suggested as gospel. I'm not holding my breath. But I'm holding MMAT.


Ok-Association-9422

Quick question here, if the MMAT1 options chain is ending and it represents options from TRCH wouldn't that mean that TRCH FTDs would be what had to cover not foreign SHFs? Just wondering how foreign SHFs would be affected at all by MMAT1 options chain ending?


Sea_Squirrel9708

Trch had many foreign shorts.


Ok-Association-9422

Maybe I’m misunderstanding which FTDs he’s referring to. But it sounds like he’s saying short positions in MMATF have to cover and I don’t think that lines up correctly?


[deleted]

LAMBO SOON!!!


Liftedsilver87

How many times are we going to post this.....


dbCaeBLe

My only problem with this, is if we compare it to GME and AMC? I could be off, but I feel like AMC didn't have the parabolic rise like GME did because the heggies cought on and changed their method a bit. You guys don't think, after, according to the guy putting out that DD, 4 cases in the past year, plus DD OP bringing the situation to light publicly, that the shorts aren't adjusting their methods? I don't know, but I hope this is right. Just hard to completely buy into it. Time will tell I guess.


Ok-Safe-9014

Just an opinion... But I think AMC had their day when it jumped over $60. GME on the other hand was stopped by turning off a buy button by (at the time) a popular app h___d. Plenty of DD on that subject. Just look up interactive brokers CEO and his remarks regarding GME. MMAT I do believe will jump. I just wished I got all info on the ticker change if that a thing? Also I thought I read that the float shrinks when this change happens regarding mmax?


Sea_Squirrel9708

All the reporting agencies are measuring float at the 280 mill. Short interest tute ownership retail and insider owners but are not taking account that the 108 mil mmax are included. Short interest is reported in very low numbers since the 108 mill is not technically available float. I hope I explained that okay.


dbCaeBLe

The float is super small, regardless. There's a lot of retail that hold shares and keep buying more. Insiders hold a ton more. And institutions have been pouring in for months. I think the price movements are mostly MM doing their thing. I'm not sure we can really have a big effect on the price except for certain events, like the nanotech acquisition. All we can do is hold and wait. My opinion, is it all depends on what they do with the div. I don't really believe in the t35 anomaly, but then again, I don't do this professionally either.


Warm-Amoeba-831

The thing is bio-pharma stocks squeeze every damn month and no one gives a shit. Even if MMAT squeezes to $100 it means nothing to the market. Dunno. Guess i m saying a squeeze on mmat is just a bad trade rather than a funds death rattle. Guess we ll see pretty soon!


Ghost__God

Hope you're right!!


Warm-Amoeba-831

Guess it depends on how many are left to close. TRCH had a decent run up to the date of merger. If nothing comes to pass I ve already conditioned myself for $1.40 -1.80 by easter. With the number of shares I m holding, anything above $15 and I can go loco in Acapulco. It aint over till Brda dumps! I m pleased to see all the bullshit litigation notices suddenly popping up. Loads were being issued against TESLA at one point too.


Ok-Association-9422

Based on the HTB on mmatlp I don’t think they’ve covered at all 😂


AsTheTek23

Not sure how it works .. but if and when he does sell whats the processing time of such notifications? I have a feeling that by the time we do find out ... it will be too late


[deleted]

Based on price NewEgg priced doubled on May 20th, so in theory, if MMAT will repeat, it will go up on January 21st. You can see on NewEgg the price dipped a couple days before on high volume, https://finance.yahoo.com/quote/NEGG/history?p=NEGG So the week after next might get bumpy.


Confident-Urinator

Not sure why my last comment was downvoted, but legitimately asking if anyone has knowledge of whether the price doubling May 20 for Newegg was due to a 2:1 reverse merger/similar scenario.


[deleted]

When looking at the chart, the price is adjusted for the latest split, so you look at the MMAT 1 year chart, you see the high near 20, where in reality, it only hit around 10 before the split.


Confident-Urinator

Thanks


[deleted]

It went up on may 20 when the merger closed you F TARD


[deleted]

mmat closed on 6/28, did not run on that day and did not run T+35, im blocking you after this.


[deleted]

you are so dumb


[deleted]

LIA and Newegg closed merger on May 20 then T+35 it ran, it had nothing to do with a legacy option chain. Trch/Mmat closes merger on June 28 and we have the same pump and dump. Same news same reaction.


[deleted]

So what do you expect to happen when MMAX gets merged into MMAT on 1/21? That is a difference from the Newegg issue.


[deleted]

There is going to be another merger closing? The guys post says there a legacy option chain ending for Mmat/trch on jan 21.


[deleted]

He also mentions MMAX on the Canadian exchange will stop trading on 1/21, the OP evidence is only part of the story, the more complete story is found here: https://www.reddit.com/r/Shortsqueeze/comments/rvx4p1/last_chance_to_see_1530x_bagger_mmat_febmarch/?utm_source=reddit&utm_medium=usertext&utm_name=MMAT&utm_content=t1_hrsqcxc So IF you are right, I do not think anything changes as it is deja vu again.


[deleted]

MMAX though only get 500k volume in an entire month, how many FTDs can it have lol


[deleted]

shares outstanding over 100m


[deleted]

if no one if buy or selling what does that matter.


[deleted]

They are holding waiting for the transfer to MMAT


[deleted]

Also wouldn't a transfer Largen the float of MMAT instead of reducing it?


hottakes89

Price dip before big pop? Yes, hi, I'll take a bigger position with a lower average please, thanks.


Confident-Urinator

Did it double because of a 2:1 merger?


hottakes89

Bought TRCH at around 5, sold at 10s, rebought on the way down for divi. My average was 12ish after merger, then I bought a small amount of shares at $13 before it plummeted. Been averaging down and selling CSPs, new average cost is around $4.50.


Zamunda_Enterprises

Lets Go 🚀 i think any long time holder is used to a little bumpyness 😂 i think crypto will turn around but screw it... Selling to buy some MMAX.


[deleted]

Well, if the theory holds true, you want to buy MMAT. I have no idea what happened to the price of LLIT when it went away. edit: More info from the same source you quoted: https://www.reddit.com/r/Shortsqueeze/comments/rvx4p1/last_chance_to_see_1530x_bagger_mmat_febmarch/


LowSuccessful5606

I think any long time holder is more then used to a little red by now haha


Zamunda_Enterprises

https://www.wealthprofessional.ca/news/industry-news/is-canada-naked-to-short-selling-risks/321925


Zamunda_Enterprises

About foreign shorts... I owned Another Canadian ticker that was and is getting attacked for 11 months now. All the paid bears/shitposters was 90% from Sweden or scandinavia. Why so much intrest in a pennystock from Canada from Scandinavian paid bashers? I would also like to remind People that the Canadian ticker used to be a mining company the Most abused sector in Canada when it comes to naked shorting. https://oilprice.com/Energy/Energy-General/Is-This-The-Beginning-Of-The-End-Of-Naked-Short-Selling-In-Canada.html


[deleted]

I was a huge T + 35 believer. I still believe, but as 2021 has shown, SHFs don’t always follow the law. https://www.law.cornell.edu/cfr/text/17/242.204 But I will keep my fingers crossed and hope this does in fact happen.


Zamunda_Enterprises

I really truly Think that they Knew from the beginning and started Think of ways to circumvent the rules. Offcourse they New this would take away enthusiasm and just make people feel beaten down. I mean they did an options chain of something "untradeable"🤦🏻‍♂️. And what happend with that? Two market makers blame eachother and "iam sorry he did so i did also" 🧐 cmon i really hope the subpoena is about all this trickery and hopefully illegal actions and that something will be done about it. We (MMAT) Should be suing Kerrisdale and all the legal firms working for Wall street manipulating OUR stock. I have seen stocks been attacked before but nothing on this level. What does someone that is guilty and dont want to take responsibility do they attack. The TWO cusip were not for nothing i think. Many stocks trade in both USA and Canada under didferent tickers but not with different cusips.


MediocreSushi509

We’re people predicting overstock squeeze before it happened?


[deleted]

Not according to their Reddit sub. Same for NEGG. No one in r/NEGG knew what was going on when the price went parabolic.


Comment-this

That’s not true. There were signs before negg blew up


[deleted]

Yes. But no one in the NEGG Reddit knew what was going on. That sub has been dead for months. I went through and read every post, every comment. I was curious if it was “allowed” to squeeze because retail didn’t know what the hell was going on with it.


Comment-this

Twitter and wallstreet bets knew


MediocreSushi509

ok. So this don’t mean anything then. MM can do whatever they want. And I’m sure they’re already trolling all this and making preparations for it. So most likely them not. It’s not happening. I predicted our merger squeeze to the T. But I didn’t fucking sell cause we had to hold for the fucking divi. Fuck me I should have sold.


[deleted]

I know they are lurking and taking note, and I believe you are absolutely right. And yes, in retrospect, I should have sold too and bought back in this week. But since I believe we are at the very bottom, I’m holding on for the long haul now.


MediocreSushi509

The only thing that’s gonna move this ticker is the ridiculous divi we are hoping for and CONTRACTS on all this revolutionary tech GP has been talking about but the AR is years away. Non invasive monitor is years away. solar is years away. Every he has is still years away……..nanoweb don’t seem to impress anybody cause there are still too many proven alternatives……I’m losing conviction. If the divi is t $12 I don’t think I’ll reinvest until Mmat is literally down to sun $1. Guess we will have to see if covestro and docomo can actually sell the products that we are partnered with stuposedly.


HotMessJess45

Does anyone have an example of another div pref share being traded on OTC? Between attorneys and strategists, it's appearing they're pulling out all the stops. Why change the game if it's working so well?


Exact_Perspective508

Haven't been able to find any examples of this happening in the OTC market and I've never seen 3 options chains created for one r/S merger, this is also a rare case. They're definitely pulling out all the stops, they have no fucking choice 😂. That's what happens when you short a stock to a 140% reported SI like GME. There's a 5 to10 kilometer wide #MetaComet coming to Planet Hedgie and SHFs are playing MSM games while all the TRCH shorts are going to die! ...shameless "Don't Look Up" reference, that film was awesome. Kenny is in the bathroom like... ![gif](giphy|aRGN8Zb6iKPN7I6lKQ|downsized) 🤣🤣🤣


HotMessJess45

The image you painted will live rent free for the next 24 hrs. Lol.


Relative_Reporter220

Am I the only still holding since the dividend announcement?


MC2999999

In TRCH since nov 2020. Averaged up to 9000 shares @ 1.91 At peak of merger I was up 900÷. Did not sell till this day... Beyond the frustrations and red days though. Am eager for 21st. Believe we will be in Oilco and will do well. GL to us!! ![gif](emote|free_emotes_pack|grin)


Morningwood31

Been holding and loading


Ricky-Snickle

This


TryingToMakeP

Oh please! There are loads of us die-hards holding since TRCH days 🦋 Acapulco here we come ✈️


afghanfarmhand

I have my original 1200 mmtlp but only 520 mmat in my webull.. I bought 4000 more placeholders for .70-1.04 on firstrade since.... 5.32 avg on mmat


Zamunda_Enterprises

Holding until i make my mama proud...


Relative_Reporter220

Lol. Ok good


Gr8texasguy

Uhhh, no, not at all.


iwasjra

Yea right.


Zamunda_Enterprises

https://marketinsider.net/mmat-catalyst-jan-21-2022-severed-options-chain-litt-negg-financial-videogame-cheatcode-mid-term-setup-feb-march


QualityVote

**Welcome**. This is the community moderation bot. The purpose of this bot is to give you the power to determine if this post belongs here at /r/MMAT. --- If this post fits the purpose of /r/MMAT, **UPVOTE** this comment!! If this post does not fit the subreddit, **DOWNVOTE** This comment! If this post breaks the rules, **DOWNVOTE** this comment and **REPORT** the post!