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Friday, 06/19/2020 3:55:57 AM

Friday, June 19, 2020 3:55:57 AM

Post# of 2575
OC's MEGA PICK!!!***8$-10 price target MRGE
PPS will be between 8$-$10 short term, $25 long:


How/Why you ask?

Lets use an old, but awesome example!

Pre 2015, Plug Power was trading below .25 cents per share with an OS of 324 million. They signed some contracts with Fedex and UPS. Quite large (20-30 million contracts). The stock went from .12 cents to 72 cents...for 2 weeks...then...it happened. The stock took off to 6$ then pulled back to 3$ area. After settling for another 2-3 weeks in that price range the stock took off to $10.80 per share. Completely unjustified share price for those contracts. It still trades to this day at $5.30 per share with a market cap of 1.7 Billion.
https://www.otcmarkets.com/stock/PLUG/security
https://stockcharts.com/h-sc/ui?s=PLUG

Now here with MRGE, this is not the case. Being completely justified with the recent closing of the 4 Billion non dilutive financing, the stock is worth considerably more. They have just announced a 4 BILLION (twice the market cap of PLUG Power) dollar financing as of market close today in which Mirage gets 25% of that, or roughly $1 BILLION. With and OS of
434,725,887 that puts MRGE at a BASE PRICE PER SHARE at 2.30$ The gas sector has a PE ratio of 10-25. At P/E of 10, that is $23.00 and its completely justified!
Now, the projects are going to bring in $500,000,000-$1,500,000,000 NET INCOME PER YEAR. Choosing just below the middle of that number for income (800 million) at for just year one puts the stock at over 17$!!!!!! HUGE!!! Now think of 3-5 years out at that rate...in essence you are holding the next Microsoft of gas companies. THEE LARGEST NAT GAS PIPELINE IN NORTH AMERICA EVER. EVER! I would STRONGLY suggest you all consider when to sell. Rarely do you ever see an opportunity like this. -Cheers.

-OCMILLIONAIRE

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