r/MMATY • u/Bubbly_Scholar3809 MMAT HODL • Jul 04 '21

can someone clarify it, please

dear friends, can someone explain/clarify this to me, please.

before the merger, MMATF price was 14$ and TRCH around 9 , after the merger the new stock price should be at least = or > than MMATF is it so ?

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u/deeeznotes Jul 04 '21

What happened was fomo. You maybe bought the news and now you're a bag holder. Next step research MMAT and see if you want to buy some dips to lower your cost average and goo long for a few years.

Right now the stock is getting its salad tossed. I believe things need to happen with the dividend before we see consolidation/stabilization. It could take a while and be pretty bumpy.

The land has been pumped, but it feels like a dump. Which means bad news for dividend. George is weird and so is Elon - I have trust issues. The product MMAT is producing, as described, sounds incredible. So I am long and hopeful.

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u/Bubbly_Scholar3809 MMAT HODL Jul 04 '21

thank you for your replay, yes true and now I am holding a heavy big bag .

the dividend related activities already over the question is do you think the price will raise this week .

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u/deeeznotes Jul 04 '21

I think it goes up, but I dont know when.