$Torchlight Energy Resources Inc (TRCH.US)$ can anyone buy M...
$Torchlight Energy Resources Inc (TRCH.US)$ can anyone buy MMATF on moomoo? i am having trouble buying it
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Mcpotato : We cant buy from moomoo
lazuoro OP : oh i see ok thanks
OldNormanBates : no, must use a brokerage that does OTC Mkt Stock Trading.. Charles Schwab is mine...
70900497 : It won’t let you until the merger is complete when it becomes mmat neither will Robinhood or Webull u have to go to E*TRADE or Td Ameritrade if you want meta before the merg you might want to do that because if I understand it right every share of mmatf you own on the 22nd will become somewhere between 3 and 4 shares of mmat after the ticker change but do your own dd I’m not a financial advisor
lazuoro OP OldNormanBates : thanks for the info!
lazuoro OP 70900497 : great thanks! and then we’ll be able to transfer the shares over from Td ameritrade to moomoo after?
70900497 lazuoro OP : Yes but there will be a fee idk how much. I think $75 but don’t quote me on that. Also don’t transfer until the merger is complete and the ticker changes from mmatf to mmat also once you start the transfer expect a 3 to 5 business day for the transaction to complete. If you think you may ever want to trade OTC stocks in the future you may just want to leave the shares there and keep both accounts. Also be forewarned it doesn’t matter which broker you use be it E*TRADE, TD Ameritrade, Schwab, interactive brokers you will pay a commission on each trade of OTC stocks usually $6.95 so when you buy try to buy all the shares you want in on transaction because the commission is per trade be it 1 share or 1000 shares
lazuoro OP 70900497 : thank u so much for this helpful info!!