![]() ![]() After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. When our award-winning analyst team has a stock tip, it can pay to listen. And when a squeeze ends, investors who bought late in the rally can often suffer sizable losses.ฤก0 stocks we like better than Torchlight Energy Resources Still, although short squeezes can create sharp upward moves, they also tend to be short-lived. Their goal is to cause so much pain for short-sellers that they rush to buy back the shares they shorted, which could help accelerate the steep rise in the stock's price. Now that Torchlight has effectively merged with Metamaterial, investors can buy shares of the combined company under the symbol 'MMAT' on the Nasdaq. 52 Posted by u/SaintOWell 1 year ago META and Torchlight Merger upcoming catalysts Hydrocarbons to Carbon Nanotubes - META and Torchlight Merger DD MMATF and TRCH This is my initial research on Metamaterial Technologies, Torchlight Energy and their upcoming reverse merger. In November 2020, Torchlight extended an existing letter of intent with Metamaterial to work toward a definitive merger. Torchlight Energy Resources has seen its share price soar as it nears its merger with Metamaterial. Some of these traders are hoping to ignite a short squeeze by driving up the stock's price and forcing short-sellers to exit their positions. Torchlight Energy was a traditional oil and gas company up until 2020. As Torchlight Energy and Metamaterial get close to completing their merger. Torchlight has garnered attention from traders on Reddit and other social media platforms. MetaMaterials MMAT mmatstock mmatstockprediction nyse nasdaq dowjones. Torchlight intends to pay the special dividend on June 25. (NasdaqCM:TRCH) from Tom Welch and others for approximately 140 million in a reverse merger transaction on September 15, 2020. The preferred stock will entitle investors to a portion of the proceeds the combined company receives from the planned sale of its oil and gas assets. (CNSX:MMAT) signed a non-binding letter of intent to acquire Torchlight Energy Resources, Inc. June 28 (Reuters) - Shares of Meta Material Inc (MMAT. Torchlight's common stockholders who own shares at the close of the June 24 record date will receive one share of Series A preferred stock for every share of common stock they own. Torchlight Energy Resources' stock price has surged in recent days. ![]()
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