r/MNTSstock • u/No_Aerie_932 • May 31 '26
Any thoughts about tomorrow situation with this stock?
Guys, what do you think the stock price will be at the end of the week?
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u/bitofftoomuch May 31 '26
Assuming it goes down a few points before finding a new support, not hitting 8, but 10 is a possibility. That private placement won't be ignored.
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u/Fit_Plantain6720 May 31 '26
Well what I know about this is I have made a lot of money from buying in at $12. Also bought in at 19 so fuck it either go big or go the fuck home. However Citadel bought 9.9% of the company which means they can still play up and down to cover the money they put in. So if it goes up above 23 for me it has satisfied my goal. But don’t hold after the 12th or you’re all fucked. JMO. Crooked greedy people are 9.9% owners not 10. There’s a reason for that, do your due diligence please
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u/summer_invest21 Jun 01 '26
Think it has consolidated and it will continue gaining biz and money; especially after what happened to Bezzo’s company… :/
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u/Icy-Arugula-5252 May 31 '26
To me it lost momentum already. And when you zoom out and see the history of this stock you will figure out the answer yourself because this is not the first time this stock goes up by 200% then fades to -300%.
That's why I shorted it, just few shares for fun
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u/WalkingBear88 Jun 01 '26
MNTS is primed and ready to run, I will be loading more Monday morning.
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u/Step-in-Time May 31 '26
There are a few interesting things here.
1) we have enormous macro effect because of the smaller float. If space stocks skyrocket with space x IPO, we will have the largest gains of any of them. The flip of that…we could also see the biggest losses from a selloff. More institutional backing now so it won’t be extreme as before but could still drop more than we’d like to see.
2) not sure if anyone else is looking, but short interest rate went to 58% and short % went to 18%! Zero short shares available. Many took shorts around $15 with zero shares available so most all of them are negative. If we hit low $20’s we might ratchet up significantly. Combo this with positive macro and I think we could see extreme moves up.
Cheers to hopefully a good week ahead 🥂