Thanks for the insight into NIA. Good to know. With your efforts, MWM and Casey followers on Stockwits will certainly increase soon enough.
And re the following quote from your post from NIA, I don't think there is any question that $5 is a no brainer (also championed by Dave) and anywhere to $20 based purely on the tightly held float (even tighter than the market realizes thanks to XL's and a few others' analysis of insiders etc.) even before it all flushes out in formal SEC land!
today's tightly held float will initially be the only shares available for purchase. It will take many months for any newly issued shares to go through a registration statement and all of the rounds of comments from the SEC prior to the registration statement being declared effective. It will be during this period of AFTER the Final Investment Decision being announced by Delfin Midstream, along with their plans to merge into TGLO, but BEFORE the registration statement is declared effective... that TGLO will most likely hit a peak at some point of between $5 and $20 per share
The one thing I know is that I don't know what TGLO will look like after it takes shape. Assets?Bank Debt? Mezz Debt? Share structure etc. Are current # of shares too many? Too many unknown variables and NO DOUBT it will be a beautiful long-term hold for some of our shares but best to sell on the news as Senor c says. Anyone here that won't sell their lions share if it hits $20 or even $10-$15 prior to its formalization and just on news?
$TGLO is about to ignite. Some here have speculated the true float is truly microscopic. I'm starting to believe them. Look at these moves on less than 1 million shares traded. When a large volume day next hits, $1 comes fast imo...