just pondering
$Meta Materials(MMAT.US$
why shorties trying so hard to depress the price? don't they need to earn from the gap, its nose diving from day 1. just pondering
why shorties trying so hard to depress the price? don't they need to earn from the gap, its nose diving from day 1. just pondering
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Sg-Jin : Multi short, in and out . cover when retail panics, use dark pools , non obvious large cover position etc. Hedges has multiple tactics.
102165633 : they want to squeeze dry the stock for the best profit so even if current price $3 they still wont cover unless it goes below $1. They are super greedy that is y they so rich.
Sg-Jin : Use of puts and calls is huge as well
Sg-Jin 102165633 : Bingo, but lots got burnt by # AMC & # GME
Always green 102165633 : short till this company bankrupted
小小刀锯大树 OP Sg-Jin : ahhh ok...maybe didn't pick up the details..
but why eye on MMAT? because of the hype from merge?
102165633 Always green : company will not bankrupt but the stock when become worthless
102165633 小小刀锯大树 OP : because the continuity of the drop. As it is dropping every trade day and short sellers think of it as an opportunity at any price.
102165633 : if really short squeeze occur becos sudd compamy do very well our share now will be overvalued just saying.
Sg-Jin 小小刀锯大树 OP : Merger is volatile time for any company.
https://www.investopedia.com/articles/financial-theory/08/merger-acquisition-disasters.asp
Can value add and improve business model or can be disaster.
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