 Boom What's up money geeks? Mr. V here welcome to another video guys. So into this video We are going to talk about ticket symbol MMATC meta material So this is a stock that we cover here on the channel We've made a lot of money trading this particular stock From the days where they were talking about merging with torchlight technology, which we actually you know Traded it got into the stock during that merger made some good money And I told you guys like a secure profit because in most cases when after a merger There's what I call a post-merger slump. And so we saw that with This meta material merger. So now that the stock is trying to get some light again I want to cover it. There's some reasons why the stock is making some movements today So I want us to talk about that into this video But before we get to the guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on new Content so when it comes to meta material again, I'm not going to try to tell you guys what this company does I've talked about it here on the channel again They build specialty of materials that is used in different industries So I'll put the link to their website below. You can definitely go check it out Or you can check all the other videos I talked about meta material here on the channel And you can just Google just such that on the channel it would come up So definitely go check out the company again the reason why I'm covering this today is because If you guys remember the last time I talked about this particular stock here on the channel I mentioned that they were actually in the process of acquiring Nanotech security again, this is a security company that produces security Security materials that are used in making bills. That's what I mean bills are like money So in this case specifically the company is based out of Canada So the Canadian government uses them a lot, but they also provide their technology to other Government organization across the world to secure their money So these technologies that they have when you take say for instance a dollar bill you look through it You would see some security features Some would act like somebody's moving or not really moving all those little things that you see in money That's where they come in and actually help secure. So Nanotech is actually right now in the process of merging with meta material So the reason again why you see the stock moving today if we can jump here and take a look at Metamateria, so the stock just went up today Maybe just about 15% or so and the reason why the stock got gapped up today 15% again, like I said is because tomorrow, September 28th shareholders of Nanotech security are going to vote to determine if Metamateria should acquire all outstanding shares of Nanotech security So if they determine that they don't want them to acquire all the shares Then they'll have to work something out But if they if they see fit then they would definitely in my personal opinion I think they're gonna vote to to get everything that they can acquire all the shares because if we just Remember back when that they announced this back in august the CEO of meta materia Actually said Nanotech is the strategic acquisition for for meta materia It would add tested and cost competitive production technology along with new products and customers to our portfolio Nanotech also adds complementary skill sets which can support meta market Accelerating our commercialization plan in vertical such as solar energy 5g and other antennas battery and fuel cell and cab on capture See what they mentioned the 5g that's hot solar. That's hot Battery and fuel cell that's hot. So again, they're expanding into all these other areas that will give them some Really good market share. So if you see if you have meta materia and you saw the start gapping is because They are actually Going through this process of merging with nanotech security. Again, nanotech security produces Special till materials that they use for security and say banknotes and all that good stuff. So again If we can see here, we see banknotes, you know, I don't know what which country this is But I know this is canadian money right here the one in the middle and then again They work with other Organizations other governments across the country. So again as we were recording his video nanotech security This is an old OTC stock. So that means over the counter was trading at 97 cents But again after this merger, they're gonna be part of meta material. So you're probably asking the question So right now what happens? Should I buy? Should I wait? I would say if you if you didn't buy this stock right when they made the announcement I'll say this is not a time for you if you especially if you want to hold long term This is bribing at the time I always tell you guys you don't buy when the stock is on its way up unless you're just trading it for a day Or maybe a quick of a nice string trade other than that I don't like buying when you buy when the stock is actually consolidating at support And then it turns around and start going up. That's when you go in So again be patient with the market if you are patient You would get good stuff if you panic you'll be in trouble So panic doesn't pay the bills in the market. You have to be really patient again guys My game plan here. I hold this stock. I have close to about I think 2,500 or so. So what I'm gonna do here I'm just gonna sell some some cover calls and again with a strike price of about $9 here because I I mean like my entry price is really really cheap So I'm going to do a strike price of about $9 for the cover calls take that money and and just sit on it and Hopefully by the end of October the stock price don't even get to $9 I'll keep all that that premium in you know in my account So that's my game plan if you want to get in the stock Wait for this thing to pull back because this is just the news already if you are not in it You are late. So you can trade it tomorrow. I'm pretty sure it's going to be a little spike To the upside tomorrow, but other than that wait for a pullback if you want to go long for day traders Tomorrow might be an exciting day if you can get up early in the morning and check the markets I'm gonna I'm gonna post Here on our discord, um, you know channel where you know, we we put our watch list every day So this might make our watch list tomorrow. So again, that is why Metamaterial is gapping. They are in the process of merging with nanotech security and again The reason is because nanotech security shareholders are actually voting to determine if Metamaterial should acquire 100 percent of the outstanding shares of the company. So that's just pretty much why you would see some movement In the stock. So again guys, um, I like metamaterial You I you guys know my strategy here I like companies that are innovative companies companies that are coming up with new technology That is changing the world changing the way we do things and metamaterial force in that category And I like how they're expanding and acquiring other companies to continue to build a really good footprint Again for long term if you are not in the stock, I'll say wait This is not the end of the stock. It's gonna pull back again. So wait for that pullback support for this thing has been Somewhere around that $4 price point. So if you can get it somewhere around four, that's pretty good You can drag this thing all the way up, but if you're just day trading September 28th, you might see a great opportunity here for a pop before that pullback. So that's going to be again My game plan for for this one. Let me know in the comment section What you think do you currently own metamaterial or do you plan on getting into the stock again? Let me know in the comment section if you're new here We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also guys if you're looking to get started with investing Webo has crazy promotions right now. I'll put the links in the description below. Definitely hit that link sign up You get some free stocks. I get some free stock. So kind of a win-win situation for for you and me And as always guys, do you do diligence? Don't be a greedy savage. Stay motivated