For all the 📄 🙌. Read this before you thinkabout selling.
@67d54336:$Meta Materials Inc.(MMAT)$I’m reading everyone’s posts and find it very amusing that everyone keeps thinking they have been played bythe company. It would not stand the CEO of the company toscrew around with the share price when he owns 12% of the shares. Do you think he wants the price to go down or up? The reason we are experiencing this downturnin pricing is due to a few factors. 1) TRCH before the merger was a sub $1 company that was on the brink of bankruptcy due to poor cash flow management sitting on huge assets. It turned into a meme stock becauseof the huge short position on the company and rightly so at that point in time.2) When TRCH did the RTO with MMAT, someof the shorts carried on instead of pulling out like some of the
$Torchlight Energy Resources(TRCH)$Ok. The market doesn’t make sense for this shareat the moment. If I’m not mistaken, TRCH will cease to existafter the merger and all our share will be transferred as MMAT. If that’s the case, TRCH should be worth thesame as MMAT. But right now TRCH is trading at a discount to MMAT.What the hell is going on?
$Churchill Capital Corp IV(CCIV)$Shorts covered on the 4th of June and came back these last 2 days.All the retail investors have to do is just holdon to the stock and the price will start to move.This will be a very interesting next few days.
$Churchill Capital Corp IV(CCIV)$Looks likea pull back from the $23+ level to the $22 mark. Shorts are piling in....Unless we start to see help from the 🦍.But currently they are busy juggling $AMC$,$BB$ and $GME$.
$Churchill Capital Corp IV(CCIV)$Short sellers at it again. But I think they’re going to learn a very hard lesson. Went through the numbers. R2 is at 24.16. This looks like we willsee the price 🚀 to the 🌝 soon.
$Churchill Capital Corp IV(CCIV)$There is alot of short selling pressure going on. If thereis a short squeeze this share will shoot through the roof.The current short % is around 20% already (41 million shares).Cost of short borrowing has gone up from 31% to 50%. My opinion is that we will see 23-25 by this week if the share breaks past 21+ today.
I’ve been right about the bouncing range so far. But I’m sensing a breakout in Jun to the $24level. Just before ticket announcement.The shorties might cautiously abandon ship before they get squeezed out also. So don’t think we can induce a short squeeze panic.