MECK chart &DD: - A .75 break will send it. The stock should be trading around $3 a share by April when its huge 3DPrint week show takes place in New York. That is when we will see huge buys in the stock.
1) 6 million OS 2) just over 3 million float 3) Debt free for the first time in over 10 years. 4) CEO bought 5% of the float last month 5) over $3 million in cash (when you include the $1.5 mill of restricted cash. 6) under 4 million market cap 7) Trade shows growing rapidly. 8) Meckler sold his first trade show business for $280 million
Why $MECK .65 will be a $45 stock:
Alan Meckler started out creating and growing his trade show business in the 1990's. He sold that business for $280 million in 1998. Fast forward to today, Meckler is back into the trade show business. He has created bitcoin, 3DPrint, and Robotics trade shows. The trade shows have been nearly doubling in size each year as they continue to gain popularity. Alan Meckler is driven to succeed. He forgave the company's $5.7 million of debt so the company is now debt free and well positioned for massive growth. A couple weeks ago, the CEO bought 180,000 shares of MECK which represents roughly 5% of the float. He now owns nearly 1/3rd of the company. There is only one reason why the CEO would buy so many shares and forgive $5.7 million of debt of a company that has a market cap of under $4 million. Its because he believes that MECK will be worth substantially more than it is now.
Once Meckler grows his trade shows to the size of the ones he sold in 1998, MECK will be trading north of $45 a share. That means that a $1,000 investment today would be worth $70,000
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