Basically, this company (MMTLP) with Texas Oil land is going private within 15 days and ALL short positions must cover. MMTLP was never ment to be traded it was a dividend place holder, the exchanges made it tradable hoping holders would sell but then the short sellers attacked it, now they must pay it back! There is much more to it, but the squeeze is also carrying MMAT sister company along. Reddit is also a good source for more info, Look up MMTLP or MMAT. I gave some links above.
Yes, I am holding original shares from the Torchlight merger. Will hold until at least triple digits. good luck!
No sorry not yet, I will get back to you here when I learn more (This is for mmat vote on the 4th?).
MMAT will probably squeeze parallel to MMTLP since many people can not get MMTLP and MetaMaterials(MMAT) is the sister play.
Moving FAST
MMTLP $11.20 Currently up 25% at 10:41 AM
MMAT $2.15 Currently up 30% at 10:41 AM
https://www.reddit.com/r/MMTLP_/comments/ywzt5g/heres_a_breakdown_for_those_that_are_just_getting/
Never even heard of this. What is this all about?
This video explains it better than I could here. https://youtu.be/wAjdGIjhCK4
Basically, this company (MMTLP) with Texas Oil land is going private within 15 days and ALL short positions must cover. MMTLP was never ment to be traded it was a dividend place holder, the exchanges made it tradable hoping holders would sell but then the short sellers attacked it, now they must pay it back! There is much more to it, but the squeeze is also carrying MMAT sister company along. Reddit is also a good source for more info, Look up MMTLP or MMAT. I gave some links above.
Expected price target?
Good video explaining the play.
https://youtu.be/wAjdGIjhCK4
also where one can buy MMTLP
Not all brokerages allow buying of MMLTP but in his video he tells you which ones do.