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MGA

Metals/Energy - MGAModel Forecast for Mega Uranium Ltd.: - Model has produced a Line of Least Resistance. - Mega Uranium Ltd. is a uranium mining and development company which explores for prospective properties primarily in Australia and Canada. - This is a second wave "junior" that has been in existence since 1990 with a promising balance sheet. - We believe that a macro turn is upon us and we are extremely bullish on uranium, renewable, and nuclear energy. There is a non-trivial probability that uranium juniors will yield the greatest gains out of all stocks in this full cycle. - With a shift toward renewable energy solutions, we expect a global interest toward nuclear energy, causing a boom in the sector. - With the level of stimulus projected by 2030, and the global direction until 2050, we expect necessary funds to be raised capital expenditures in the sector to be spent aggressively, with the backing of national interests. - Should the company acquire a mining project, the stock will yield outsized gains. - Price is technically breaking out of a Cup & Handle, and is likely to test the top of a channel established since the 2010's. "For the juniors, there are three possible fates: 1. Most common is a failure, which leaves a hole in everyone's pocket, including that of the banks and investors. 2. The second fate occurs when a junior has enough success to justify a major paying a decent premium to gobble it up, leading to decent returns all around. 3. In the third and most rare fate, a junior finds a large deposit of a mineral that the market wants a lot of – it is a magical combination of the right deposit at the right time. When this happens, juniors can return more in a few days than a major will return in years." - Investopedia - Interestingly, the company sold its assets in Canada to NexGen Energy (NXN.V) for a 40%~ equity interest in NexGen. - We believe that a time is approaching such that companies in all sectors, especially in the mining sector to relentlessly undergo mergers & acquisitions, in a race to become "Too Big To Fail" and obtain the blessing of government subsidization. - MGA may be giving signals for a potential M&A with NexGen, and in such case, investors will benefit greatly, as NexGen is also a very appealing company. - In the case that MGA finds a new deposit, investors will again benefit. Investors must simply be patient, as global interest will sustain promising juniors until they succeed during a boom. - We speculate that the lumber squeeze that is currently occurring is only a small teaser for the supply squeeze in energy commodities to come. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
OTC:MGAFFLong
by UnknownUnicorn1043646
5
FSR should launch higher on Russell 3000 inclusionFSR will be included in the Russell 3000 index on June 28th. There has not yet been significant volume indicating that the mutual funds and ETF's that are mandated to track the index have most likely not made their buys yet. When they do make their buys, this should result in a large inflow in a short period of time pushing the price higher. The IWV, an iShares Russel 3000 index ETF, is one example of a fund that will be obligated to add FSR, and to put it in perspective this single fund has $11.6 billion AUM (assets under management) so even a 1% allocation would result in a $116,000,000 inflow. VPVR shows there is not much overhead volume at these price levels meaning it really could rocket higher. FSR also has 12.4% short interest as of 6/15/21 which could make for some covering. FSR recently partnered with MGA, Magna International, Inc which gives them the benefit of Magna's long track record in the auto industry with lots of expertise and existing relationships with suppliers. This legitimizes FSR and its prospects for reaching the mass manufacturing stage.
FLong
by EBITDAtiger
MGA : BLUE SKY / SWING TRADEMagna has an impressive 63-year storied history which includes countless innovative collaborations within the auto industry. Over the six decades, Magna has developed the expansive core competencies across all components and manufacturing processes that make up the complete automobile. Not only does Magna have a manufacturing presence in 27 countries, they also have extensive engineering expertise in design and product development. They are a tier 1 supplier to the auto industry that really should be looked at as an automotive OEM. Magna has produced 29 models and over 3.7 million complete vehicles over the years and these aren't all just your ordinary variety of economy vehicles. In fact, Magna is the producer of the iconic G-Class Benz. Now as the World begins to take its first steps into a future where electric-powered vehicles will ultimately take over the market from the internal combustion engine predecessors, this many decades-old company is at the forefront. Remarkably, it is almost like the history and experiences that Magna has gone through over the many years was all in preparation for this moment in time. Whereas Tesla Inc. has pioneered the all-electric concept and proved to the World that mass production would be embraced, Magna is positioned to become the leader in the global scaling out. Magna has all of the pieces in place to help these new companies turn their concepts into reality. They can start from a clean sheet of paper then move into the engineering and design phase, flow into the process and manufacturing phase and all the way through to final paint and assembly. Now that’s a great position to be in at these early stages of such a massive disruption. SOURCE : Magna International: Innovative EV Start-Up Collaborator Disguised As An Old Dividend-Paying Parts Supplier, SimpliStk, SeekingAlpha seekingalpha.com
NYSE:MGALong
by TradingMavericks