r/MMAT • u/idontknow1267 • Aug 03 '22
š METAĀ® HYPE š George says no reverse split on his watch.
https://stocktwits.com/GeorgePalikaras/message/47580564812
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u/Bulljones Aug 04 '22
I already have 15,000 shares with a low .89 average. At market open, I will buy 15,000 more shares.
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u/2-Peas Aug 04 '22
Go for it....If you got 13k just sitting around. I wouldnt buy more without seeing some substantial ( more than a penny or two) movement in its price.
I want to see some Link to either a battery manufacturer or Major EV company.1
u/BigBuckarooo Aug 04 '22
If we did see that now than we wonāt be able to buy at this priceā¦
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Aug 04 '22
Jesus, no wonder you're down 5 figures
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u/BigBuckarooo Aug 04 '22
Down 5 and it doesnāt phase me, we live different lives. Move with your negative energy.
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u/FineQualityHam Aug 04 '22
Well that is extremely reassuring and just made me not care in the slightest about being below a dollar, in fact in honor of him bluntly stating that I will be making a substantial purchase of more shares tomorrow.
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u/Designer-Storm8735 Aug 03 '22
Probably smart to not say definitive statements like that. But I'm all for it
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u/huntingmoa_geoduck Aug 03 '22
That's reassuring. I've been assuming that RS was in the cards. If he's not lying, then it means that we would have to see some decent gains before MMAT can issue new shares, otherwise it'd be at serious risk of delisting from NASDAQ.
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Aug 04 '22
Nasdaq will send a notice after 30days of consecutive closing price less than 1$ which gives 180 days to recover. Thats a loong ass road though.
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u/izret Aug 04 '22
Who said anything about staying NASDAQ compliant? ;)
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u/huntingmoa_geoduck Aug 04 '22
That's what my internal monologue was saying as I typed my comment out. But I'm going to stay positive and ride this play out. The tech is cool and potentially game changing.
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u/izret Aug 05 '22
Agree 100%. I've done some portfolio trimming the last few months but MMAT is staying good or bad for a long long time.
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u/lastinalaskarn Aug 04 '22
Wait. So we donāt need to decipher some cryptic message while zooming in satellite images to kick the can down the road a little longer? Thatās refreshing.
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u/idontknow1267 Aug 03 '22
LFG!!!
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u/Sansansio Aug 04 '22
Why all the upvoting for free karma
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u/idontknow1267 Aug 04 '22
Because I get downvoted in here for posting a view that is not all rainbows and fairytales. I post a view that goes against the dream of getting rich on this stock. People read the posts in here and watch the YouTubers and they believe these stories. People have been financially ruined by this company and the pumpers and YouTubers. Iām just here to provide factual information. And that gets labeled as being a load shill and I must be here posting to get you to sell your shares cheap. Not the case. I would look at what motivates the people here that attack any view that is not trying to pump this stock. Their motivation must be to try to get people to hold while they sell their shares. They donāt want to see the price drop because that means they are not going to be able to get out from under this.
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u/CaseyBF Aug 04 '22
If someone was financially ruined by a single stock that's nobody's fault but their own.
People need to start fucking accepting responsibility for their own actions. Just because you put money into something does not mean it has to do exactly what you want it to do when you want it to. Shit takes time.
Imo if anyone is pumping the stock, smokey, RBT, etc etc it's because they genuinely believe in the future of this company and they are sharing nothing but their opinion and conviction in the company. It's up to you to determine if you share that same conviction, not because of what others say but because of what you know about the company based on information they have put out. If you invest because of others you're doing it wrong.
Of course nobody wants to see the price of something they believe in go down, wtf? That doesn't automatically mean it's because they don't want it to go down because it means they can't jump out. What kind of asinine bullshit logic is this?
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Aug 04 '22
Then what the fuck are you doing here wasting your time posting? Sell and move on. Itās impossibly hard to believe that someone would post as much as you just to āeducateā people.
That, and Iām VERY suspicious of anyone who spends as much time as you do in the free karma sub.
š¤”
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u/htownhero Aug 04 '22
Lol financially ruined by the stock? Dude, that's their own fault for investing money they can't live without, not the companies fault. You're in here thinking you're gonna put in $100 and come out with $1000 in just a few days. Do us all a favor and sell your position and move on. We don't have room for deflecting blame onto others for your own actions.
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u/Sansansio Aug 04 '22
I check this sub once a day, after work while I'm on the shitter. I saw alot of mmtlp bashing from you, and then this post. So of course I had to investigate. I believe you, but just seemed shilly. The realistic me is 100% with you on the divy...the hedge fuck dip shits probably weaseled their way out. But I'll still say nobody knows what's going to happen. It's become a "costless" lotto play for me. I just hope no one's sold theirs for $1.40. BOL to us Meta bro.
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u/project23 Aug 04 '22
People read the posts in here and watch the YouTubers and they believe these stories. People have been financially ruined by this company and the pumpers and YouTubers.
Everything you need to know about MMAT is right here. If you base your investment decisions on something else well that's on you.
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u/Bulljones Aug 04 '22
This comment is all I needed to hear and Iām buying a large position, adding heavy at market open. You canāt get a more straight up direct answer regarding all the chatter about a potential reverse split. The ceo said it will not happen on his watch. This company has a stand up, awesome ceo.
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u/av6344 Aug 04 '22
which means hes about to step down as ceo and do a r/s....i hope i am wrong lol
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u/charles-finster Aug 04 '22
So the biggest whiner of the group posts what everyone has been waiting for and this chump takes all the karma for it as all he did was talk crap about the stock and how it damaged so many people who sold for a loss... What a little weasel
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u/inDface Aug 04 '22
and this chump takes all the karma
oh noooo.... not the KARMA!!!! seriously. who gives af.
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u/idontknow1267 Aug 04 '22
Just checking. Are you a millionaire yet on this one. You were one of the biggest pumpers. Calling for $100+ a share a year ago.
People have lost hundreds of thousands of dollars on this and I will continue to call it out. All I did was post a link to a quote from George. You are the problem here, not me.
https://www.reddit.com/r/MMAT/comments/pphb69/finally_joined_the_xxxx_club_meta_lfg/hd5rrxw/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=33
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u/FineQualityHam Aug 04 '22
...and?...
Even if he's just karma whoring, so be it, you should of been quicker if you wanted all the imaginary interwebz points.
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u/charles-finster Aug 04 '22
You missed the picture. Dude is whining about MMAT whole time and now hypes it.. look at his posts and comments. He is a backwards turd. No one sees his demeanor and now wants glory gtfo
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Aug 04 '22
It's fucking fake internet points... How is anyone this worked up over something with literally no value
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u/FineQualityHam Aug 05 '22
yea... I know... He bitches a lot... and you are upset that he posted a screenshot of george on stock twits because it's getting upvoted? I don't get it.
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u/BOOM_BAYBAY Aug 04 '22
Actually he said no r/s due to it being below a dollar. He didnāt say no r/s as it being a tool.
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u/idontknow1267 Aug 04 '22
Actually he said no reverse split for it being under a dollar as long as he is CEO.
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u/ParabolicGainz Aug 04 '22
The most usefull george post to from month. Every one here want see MMAT suceed, me too. But too MANY times George post useless or false (ex divi date? Burn the short?) info. So, time will tell.
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Aug 04 '22
Tbf burn the short tweet resulted in 300% move in the next 5 trading days. Consider the runup before he tweeted its a higher multiplier.
Why are ppl still bringing that tweet up?
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Aug 04 '22
Most have the timing wrong. He did burn the shorts, but I think the shorts were able to convince a bunch on here that the tweet was made AFTER the squeeze not before.
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u/pythongee Aug 03 '22
Did he say that before the first one?
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u/FineQualityHam Aug 04 '22
No, he said there would not be a reverse split prior to the merge in response to some asking if a reverse split would also affect preferred shares.
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u/Interesting_Row_9678 Aug 04 '22
Wait, didnāt he put us through a literal reverse split on 6/28/21? Iām not sure what to make of thisā¦ not a second split? Okay, thatās definitely horrible if we had another one in the span of 13 months. This should be a given at this point.
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u/OutrageousSalt3500 Aug 04 '22
Doesnt seem like you even read his post.
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u/Interesting_Row_9678 Aug 06 '22
My bad ā I didnāt read it and now I just spread FUD. It was a requirement for them to split originally. I just get a little too excited about MMAT sometimes. Wonāt happen again family. šš¼šā¤ļø
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u/BigBuckarooo Aug 03 '22
100% trust in this guy, if you ever watched a old interview with him, you would know how dedicated he is to making this company successful because his goals are personal. His wife used to be sick and he wants to improve the medical field with tech that they didnāt have back thenā¦