Meta Materials (MMAT) is making moves bros nation. I was THIS close to missing the squeeze but thanks to one viewer by the name of Kathy I’m already on the train. The stock is up nearly 21% and rising. Back in May this stock was trading around the $3-4 range to surging up to a high of more than $21 in June. It has since pulled back but its rearing for another go. So what is MMAT? Is now a good time to jump in? Buy the rumor and sell the news! Let’s get to it.
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Welcome to Money Talkz. I’m your investment bro Stevie Bee and thanks for tuning in to another episode. Today we’re going to talk about Meta Materials. Make sure you hit that like button. Share with anyone you know that’s looking into MMAT. Subscribe to the podcast or the youtube channel so you can always be up on the latest. Again thank you to all the viewers, all the listeners. Your engagement and interaction is doing so much more than you realize so THANK YOU!
Meta Materials, ticket symbol MMAT, engages in the manufacture and development of functional materials servicing various sectors and industries. Its technology platform enables the global brands to deliver products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. With such a diverse output its no wonder the benefits of meta is finally coming to light.
Meta was founded by George Palikaras and Themos Kallos on the 15th of August 2011. It is based in Nova Scotia, Canada. The company delivers previously unachievable performance across a range of applications by inventing designing, developing, and manufacturing sustainable, highly functional materials. This producer of high-performance nanocomposites and functional materials has seen a boon as a result of a variety of factors.
Factor 1: MMAT has formed a scientific advisory board. This group of award-winning scientists will be a catalyst the company hopes will drive future innovation. Indeed, as a company that is on the cutting edge of technological breakthroughs in the high-tech materials it produces, investors appear to be betting on a stronger and more diverse pipeline of prospective products in the future.
Additionally, one of the goals for this board to to assess new opportunities for mergers and acquisitions (M&A). Meta Materials has grown in a number of ways, and one has been through acquiring strategic technologies. The hope is that this group of experts can guide such decisions in a way that’s positive for shareholders.
The announcement of this board has investors looking past the hype of the stock and considering that actual soundness of the company. Investors can now focus on the science of MMAT and speculate about their innovative prowess. The more products Meta Materials can put in its pipeline, the greater the likelihood of explosive long-term growth.
Factor 2: Growth stocks in general are getting a lifeline from the Federal Reserve. Investors are factoring in the continuation of easy money policies, providing a more generalized boost to growth stocks.
Factor 3: Most importantly, MMAT is in the crosshairs of retail traders as a short-squeeze candidate. It has a relatively small float. The previous squeeze last quarter saw the share price go up nearly twenty dollars. Now trading around $4.15 per share, investors who are looking to take a flyer on a potential near-term winner appear to be piling into this speculative play.
As I mentioned before, I am invested in it. I don’t have nearly as many shares as I do VXRT or BTX but I have a good enough number starting off. Thanks again to Kathy for requesting a review of this stock.
