You ever get that feeling like we are inside the middle of a storm and haven’t looked outside to see the damages yet? COVID Financial impact Supply chain demand issues Increased conflict between manufacturing nations and importing nations Gas prices (We’ve seen this one before) Stock Market on earthquake status a few times in the past year General inflation Streaming services are supposed to be the things of the future, if they are struggling in the present; what does that mean for their future? Not saying Netflix isn’t going to survive. But it’s certainly a sign of the times. People having to make financial cuts where they can. The thing is, streaming services have hurt cable companies. Now if the streaming services start to fail you’ve got to think that it’s going to impact the entertainment industry at its source.
Did you keep $TRCH? It eventually spun off into $MMAT (Meta Materials) and they paid a dividend stock called $MMTLP if you held it past a certain date. $MMTLP is going private. S1 amendment filed with the SEC, once it's approved, hopefully in the next few days, shorts have 2 weeks to close their position or they will be forcibly closed for them, which could trigger a short squeeze. When it goes private, any preferred stock holders will be given a share of Next Bridge Hydrocarbons. It basically owns a bunch of land with oil which is for sale and you'll get the proceeds from that. Its been a very good month for me. And if this squeeze happens..... https://microcapdaily.com/meta-mate...-days-away-next-bridge-hydrocarbons-spin-off/ again, not investment advice. I have a sell limit at $150 a share for one share of MMTLP. lol
