$SGSIF massive Christmas rally is just the start
Post# of 848
SGSIF (Was MVTG ) rallied again Friday on very heavy holiday volume 1.3 million shares, 2-3 times the daily average up another 18%
Friday last week she too off and broke the 6 month resistance at .006 (rallied from .004 low that week)
Monday she ran to .022 (up from .004 in just 1.2 trading days)for a 500% gain.
Tuesday and Wednesday the rally gap was covered at .006 in profit taking and .006 turned into support. Now the last 2 days .010 was turned into support for the next run to .034, the 52 and three time 2 year high. She closed up at .013 Friday on 1.3 million shares
Officers own 51% of the shares!
Revenue has exploded from zero in 7 months to 1 Million dollars month and is on the way to 3 million/month with a 20% gross profit margin.
The recent market cap average is less than 2 weeks of revenue!!! The closing market is about 4 weeks of revenue.
This stock rallied to .75/share in 2014 with almost no revenue based just on patents they own!!!
This is an operating engineering construction telecom services firm with AT&T and Verizon customers with long term contracts and a multi year history now, since the bought the AWS division in May this year!!!
The billion dollar MVTG-Mantra Energy CO2 electrochemical conversion to organic fuels technology portfolio is still the other leg of this new Ticker SGSIF. An EXPLOSIVE mix folks!!!