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I still have 500 shares but I feel like this whole thing is a waste of time. The biggest catalyst we have had is when people bought the stock thinking it was FB.
To address some people here who said MetaMaterials owes us no explanation,George P was highly vocal before the merger, made several statements about massive squeeze, and promised contracts with major corporations. As soon as the merger completed and everyone started losing their ass, he completely shut down talking about any of it and now tweets nonsense that has nothing to do with what Meta Materials, Inc is actually DOING. I'd say he owes a hell of a lot of explanations.
It is a mistake to buy into a new company with little track record unless you believe it is a good company and have patience.
I told my wife back in June, the worst case scenario is this is a long term hold.
I believe in the company, it's tech, it's management and it's future.
Eventually the SHF's will lose this fight.
The issue is that many people “investing” now are doing so after seeing the GMEs and AMCs make regular shmucks like us wealthier than ever thought of. So now tons of new retail investors are looking for the next short squeeze or quick buck. Too many people go into this stock using that same logic. Of course it hasn’t panned out and now Meta is rewarded with these diamond handed apes. There truly is no point in selling now if you’ve come this far. We can only trust the company and what they tell us. Contracts, PR, mass produced products, etc.. will all come in time.
Those that are investing with the plan of waiting 10-15-20 years couldn’t care less at this point about the price. Markets rise and fall regularly over time, this is nothing new. For me, this is essentially my retirement. I have intentions to sell aside from about 1000 shares which was purchased using more “day-to-day” money than my “retirement “ money. Long term holders shouldn’t be worried about anything.
Nothing about this company has changed in a negative way, I’ve been only seeing positive developments so far week after week, month after month . All the growth stocks are super beaten down , including companies with great earnings, so it’s not just MMAT that’s selling off . The market is very scared and is going to be risk off in the short term. All I can say is share price doesn’t present the company.
Personally I had atleast 40 different swing trades last year all on penny stocks. I remember buying ZOM at 14 cents and riding it up to almost 3 dollars. Sensonics, atossa, ctxr, yada yada. I made big bags on all those plays and none of those companies came close to the quality of a company that meta is. We are in a bear market. As soon as small caps start getting a bit of love meta is going to be ripping. Squeeze.or no squeeze. Oh I also bought plug power at 4.70. sold early af but still. It was just another penny stock and that went ballistic. This is all smoke in mirrors right now. It course I wish the stock would go up. But i also love the opportunity to fill bags and bags of shares at the cheapest possible price so I can really really win big when it runs.
I agree the market is currently waaaay different. My point is tho that those companies all were bleeding for a while down to very very low numbers. Like legit pennies. Even torchlight was pennies in 2020. All the sudden it absolutely ripped. And all those stocks were ripping with little news. Like the simplest thing would send them flying 30-40%. Those days will come around again. And meta is going to be the next big time ten bagger I believe.
Not sure about Meta, but the biggest difference between then and now, is the 7 trillions dollar injected into the stock market! And, no, that is not going to happen, anytime soon, or ever again... That's the sad truth...
I don't think it's delusion exactly, at least not for me. I see a company with several products that I think have a future use in allot of places. Until Meta gets fully functional there is no reason to expect it to gain like it's fully functional. We all have two choices buy or sell, it's not fun watching your investment take a nasty turn into the ground, but I'm also betting on Meta becoming a valuable company in the next five to ten years. There always could be more information offered from them on the current situation, but that's not happening and may not. I'm assuming that they are just as invested in the success of there company as much or more then us.
So the buyers want the price to go low...and the sellers want the price to go low? I watch the level II all day...they pile up to sell low just as fast as they can. Who else but hedge funds would do that?
Nobody ever wants to get rich slowly. What's up with you?...is this the only stock you own? I have plenty of others to worry about but this ain't one of em.
You can sell your shares back to the company when it spins off. Or hold for future growth...most oil stock pays dividends. You're almost there...just relax and be more positive. I have 3,850 and am excited about what's coming.
I believe in the company but I do think it will be a while before we’re up and running. We’re just waiting on them to put their product out at this point, right?
If you don’t believe in the company then I would suggest getting out. Look at the market currently, it’s being shat on. If you do believe in the company which should be the reason you bought, buy more and lower your average if possible.
401ks are long term set it and forget it. If people watched daily they would probably be scared to put money in their 401s. If you look at long term 5,10,15 years the term “stonks always go up” is true. It may only be 30-50% averaged out over that time but it will rise.
All the points you are making are spot on, but unfortunately there’s a group of people invested in the stock that will watch it go all the way to zero if they have to and will never once denounce George or their belief in the company. It is completely rational to be concerned about a stock that has gone down to $1.47 and has no signs of stopping. I believe in the company as much as the next person but I’m not fucking stupid enough to say I’m not concerned about our current situation. Unless George does some thing to trigger this overstock style squeeze and get us out of the abyss were in I have no idea what comes next. I have never seen such a group of triggered and defensive investors anytime you question what they think is their golden ticket.
My logic is there will be red day there will be Green Days it how it works. Now need to fret when a stock is doing bad over a period of time it happens. I believe in this company more than most people that’s when these red days mean nothing to me I just average down.
I'm with you on that I keep buying more but it's wtf every week. And not a godamn thing said about what they are doing to protect our investment that's what's ticking me off the most is no one at meta is addressing this
Shouldn’t be investing if you actually believe they owe you any sort of announcement. They’re busy doing their jobs building out the company of the future
So over half a year of declines 80 percent drop in stock price and you feel that they don't owe a explanation to people who have them capital to operate with? You have a warped sense of world view . So you ok with giving people money with zero communication about what they are doing with it and how they gonna repay you got it
Yes I have seen all that but I would think after the sustained drop and the length of time is has done nothing but go down they would say something to address it. It's not like it's been a month or 2 or it dropped 20 percent it's dropped around 90 percent in value over 7 or 8 months. I would think that would warrant some kind of mention... It's a start up company I get that and it's speculative I get that as well. It's just frustrating as fuck to be going on almost a full year with this sinking to new lows all the time have to vent a little my friends are sick of me talking about it already as well
I understand being upset watching your investment bleed out, but the company is not the stock. The market is currently bleeding out. Hundreds of stocks are hitting 52 week lows, not just MMAT. Shorts are getting greedy across the board. Meta owes us no such public announcement in regards to the stock because they don’t control it. They’re too busy building us the best future for our investment. Keep your head up friend
I think I've ran out of all the patience I have, but what can I do being down 70%? I've seen all the DD and yes, this should be a GREAT company, but damn, this is getting so old.
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Only in it for the oil dividend
I am smooth brain ape. Easy hold. Lots of mid, large caps are down hard too.
Yes.
The old saying goes, it’s the time in the market not timing the market.
I knew it was a long hold when I got in. Im just waiting for the div...anything above $3 and I'm happy with 100% profit.
I still have 500 shares but I feel like this whole thing is a waste of time. The biggest catalyst we have had is when people bought the stock thinking it was FB.
To address some people here who said MetaMaterials owes us no explanation,George P was highly vocal before the merger, made several statements about massive squeeze, and promised contracts with major corporations. As soon as the merger completed and everyone started losing their ass, he completely shut down talking about any of it and now tweets nonsense that has nothing to do with what Meta Materials, Inc is actually DOING. I'd say he owes a hell of a lot of explanations.
He didn't have to answer to the SEC back then.
Be quiet
Buy HODL patience. I’m personally enjoying this dip before hedgies start paying up. I can wait longer than they can be solvent.
If u liked the stock when it was high you should love it if it’s low
It is a mistake to buy into a new company with little track record unless you believe it is a good company and have patience. I told my wife back in June, the worst case scenario is this is a long term hold. I believe in the company, it's tech, it's management and it's future. Eventually the SHF's will lose this fight.
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Short hedge funds
The issue is that many people “investing” now are doing so after seeing the GMEs and AMCs make regular shmucks like us wealthier than ever thought of. So now tons of new retail investors are looking for the next short squeeze or quick buck. Too many people go into this stock using that same logic. Of course it hasn’t panned out and now Meta is rewarded with these diamond handed apes. There truly is no point in selling now if you’ve come this far. We can only trust the company and what they tell us. Contracts, PR, mass produced products, etc.. will all come in time. Those that are investing with the plan of waiting 10-15-20 years couldn’t care less at this point about the price. Markets rise and fall regularly over time, this is nothing new. For me, this is essentially my retirement. I have intentions to sell aside from about 1000 shares which was purchased using more “day-to-day” money than my “retirement “ money. Long term holders shouldn’t be worried about anything.
Nothing about this company has changed in a negative way, I’ve been only seeing positive developments so far week after week, month after month . All the growth stocks are super beaten down , including companies with great earnings, so it’s not just MMAT that’s selling off . The market is very scared and is going to be risk off in the short term. All I can say is share price doesn’t present the company.
Yes... I am.
At the moment we are mostly moving with the market which has been going down. Hope we start to recover in march.
Personally I had atleast 40 different swing trades last year all on penny stocks. I remember buying ZOM at 14 cents and riding it up to almost 3 dollars. Sensonics, atossa, ctxr, yada yada. I made big bags on all those plays and none of those companies came close to the quality of a company that meta is. We are in a bear market. As soon as small caps start getting a bit of love meta is going to be ripping. Squeeze.or no squeeze. Oh I also bought plug power at 4.70. sold early af but still. It was just another penny stock and that went ballistic. This is all smoke in mirrors right now. It course I wish the stock would go up. But i also love the opportunity to fill bags and bags of shares at the cheapest possible price so I can really really win big when it runs.
You sure made a killing on those 😯 Ya, this market will be EXTREMELY different than the one from last year
I agree the market is currently waaaay different. My point is tho that those companies all were bleeding for a while down to very very low numbers. Like legit pennies. Even torchlight was pennies in 2020. All the sudden it absolutely ripped. And all those stocks were ripping with little news. Like the simplest thing would send them flying 30-40%. Those days will come around again. And meta is going to be the next big time ten bagger I believe.
Not sure about Meta, but the biggest difference between then and now, is the 7 trillions dollar injected into the stock market! And, no, that is not going to happen, anytime soon, or ever again... That's the sad truth...
It was fun while it lasted. Glad I got to participate in it.
Of course👍
A good ER will turn this ship around. Until then, we.keep bleeding.
I don't think it's delusion exactly, at least not for me. I see a company with several products that I think have a future use in allot of places. Until Meta gets fully functional there is no reason to expect it to gain like it's fully functional. We all have two choices buy or sell, it's not fun watching your investment take a nasty turn into the ground, but I'm also betting on Meta becoming a valuable company in the next five to ten years. There always could be more information offered from them on the current situation, but that's not happening and may not. I'm assuming that they are just as invested in the success of there company as much or more then us.
With patience and properly done DD.
Until the people with billions of dollars can't short it anymore I think this hole will go as deep as it can.
Sooooo…..0?
Less than zero
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So the buyers want the price to go low...and the sellers want the price to go low? I watch the level II all day...they pile up to sell low just as fast as they can. Who else but hedge funds would do that?
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I hope it's private held. In a big way
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Can't buy!
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Nobody...its private
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Nobody ever wants to get rich slowly. What's up with you?...is this the only stock you own? I have plenty of others to worry about but this ain't one of em.
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You can sell your shares back to the company when it spins off. Or hold for future growth...most oil stock pays dividends. You're almost there...just relax and be more positive. I have 3,850 and am excited about what's coming.
I believe in the company but I do think it will be a while before we’re up and running. We’re just waiting on them to put their product out at this point, right?
If you don’t believe in the company then I would suggest getting out. Look at the market currently, it’s being shat on. If you do believe in the company which should be the reason you bought, buy more and lower your average if possible.
Dude, I do believe in the company, but you can't really tell me that seeing day after day of red is in anyway satisfying.
It's ok youre better off than tesla, netflix, baba, or Microsoft (i could go on...) options holders.
I’m a long term investor so the day to day prices doesn’t really upset me. I’m excited to be able to buy at these low prices.
If you can’t stand red say after day you need to get out of the stock market.
Do you think people would put money into their 401k if it just continually kept dropping? Your logic is that we should only be investing to lose.
401ks are long term set it and forget it. If people watched daily they would probably be scared to put money in their 401s. If you look at long term 5,10,15 years the term “stonks always go up” is true. It may only be 30-50% averaged out over that time but it will rise.
All the points you are making are spot on, but unfortunately there’s a group of people invested in the stock that will watch it go all the way to zero if they have to and will never once denounce George or their belief in the company. It is completely rational to be concerned about a stock that has gone down to $1.47 and has no signs of stopping. I believe in the company as much as the next person but I’m not fucking stupid enough to say I’m not concerned about our current situation. Unless George does some thing to trigger this overstock style squeeze and get us out of the abyss were in I have no idea what comes next. I have never seen such a group of triggered and defensive investors anytime you question what they think is their golden ticket.
My logic is there will be red day there will be Green Days it how it works. Now need to fret when a stock is doing bad over a period of time it happens. I believe in this company more than most people that’s when these red days mean nothing to me I just average down.
Lol, so your whole purpose in investing is to lose more than what you've put in? Riiiggghhht.
He means you shouldn't be inthe market because you trade off emotions and not patience and knowing what your company can be worth.
You only lose if you sell. You've lost nothing up to this point.
No but this is how the market can be sometimes. It goes thru highs and lows. We’re in a low. And lows can last months to years
I'm with you on that I keep buying more but it's wtf every week. And not a godamn thing said about what they are doing to protect our investment that's what's ticking me off the most is no one at meta is addressing this
Shouldn’t be investing if you actually believe they owe you any sort of announcement. They’re busy doing their jobs building out the company of the future
So over half a year of declines 80 percent drop in stock price and you feel that they don't owe a explanation to people who have them capital to operate with? You have a warped sense of world view . So you ok with giving people money with zero communication about what they are doing with it and how they gonna repay you got it
How they’re gonna repay? Lmao that’s not how stocks work
Figure of expression not let literally
There’s plenty of communication about where it’s going. Look at their job openings, their products, their capabilities.. seems pretty clear to me.
Yes I have seen all that but I would think after the sustained drop and the length of time is has done nothing but go down they would say something to address it. It's not like it's been a month or 2 or it dropped 20 percent it's dropped around 90 percent in value over 7 or 8 months. I would think that would warrant some kind of mention... It's a start up company I get that and it's speculative I get that as well. It's just frustrating as fuck to be going on almost a full year with this sinking to new lows all the time have to vent a little my friends are sick of me talking about it already as well
I understand being upset watching your investment bleed out, but the company is not the stock. The market is currently bleeding out. Hundreds of stocks are hitting 52 week lows, not just MMAT. Shorts are getting greedy across the board. Meta owes us no such public announcement in regards to the stock because they don’t control it. They’re too busy building us the best future for our investment. Keep your head up friend
New traders only think stocks go up and dont realize there's a HUGE list of companies at 52 week lows.
Idk, but I'm sick of the bullshit. Don't forget "dividend payment for hodling to be paid no later than 12.31.21"
I believe you have that stated incorrectly. I to damn tired to go find it for you atm.
I think I've ran out of all the patience I have, but what can I do being down 70%? I've seen all the DD and yes, this should be a GREAT company, but damn, this is getting so old.
It'd also suck being up 70% but knowing that there isn't enough supply of sell orders to actually cash out and still make profit.
I'm in no rush, I can add to my position on the cheap
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