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$Meta Materials (MMAT.US)$ I m official broke, eating grass ...

$Meta Materials(MMAT.US)$
I m official broke, eating grass soon. Cant afford buying those dip anymore. Wish from today onwards we see more green than red.
Hope this george knows what he doing, how could a management plan coming to nasdaq see their share amount from 10 to 6 in matter of days? They better have a plan for these if not they be losing lots of investor confidence and faith.
Either way I m long on meta, not expecting squeeze or anything (tesla rumour) .
Good luck everyone and stay safe
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  • 102165633 : george keeps mentioning it will be a long term increase because for a company price to go up is by their revenue even shorts cant cover cant bring up the price too much. Is the quality amd success of meta products and who he works with that affects the market of meta

  • OldNormanBates : We're all together on this one.

  • ErnieVoltz OP OldNormanBates : I m eating grass, haha. BTW look delicious, enjoy your meal

  • Omg-oMg-omG : It’s obvious, manipulation, be it hedges or management. They cut your share by half, this took away the opportunity cost/profit. They push down the price, so they can get more shares off the market. I am not even injecting anymore amount to this anymore, not even thinking of averaging down. Unless i see some changes. Additionally, in recent days, most pre market are running high, but when market opens, it all goes down again. More like a baiting strategy.

  • ErnieVoltz OP Omg-oMg-omG : I understand how you feel, I think bear trap is what you mean. Hope the dividend pay us well, good luck sir

  • Omg-oMg-omG ErnieVoltz OP : Did some research on dividend paid out. Most dividend paid per share would not go further than $1. Unlikely we can cover our loss from the dividend. The reason i’m holding still is because I’m not going to sell at loss. Can only wait till further.

  • ErnieVoltz OP Omg-oMg-omG : trch ceo say its between 1 to 20. With oil price rising, all I can do is hope.

  • ErnieVoltz OP : plus its a special dividend. (sell of land and oil mining assets) plus during the run before the dividend period lots of shareholder sell their position. (less shareholders) mean more $ for those that hold. My biggest problem is how this management keep farking us daily I have minimum expectation on the dividend above 3

  • OldNormanBates Omg-oMg-omG : Will depend mostly on oil price at the time off the last sale of property, and oil is now above $76/barrel, highest of the time.... And then how many dividend shares qualified at the time of June 24th Ex-Rights Date. It could be anything between 1-20, pick a number and wait for your Xmas Present 🎁💝

  • Omg-oMg-omG OldNormanBates : Hopefully it will be good later this year.

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