Post by
Binkie on Jun 08, 2022 5:53pm
Appropriate name
Surge, well it's living up to the moniker, and then some. 52 week low is $0.34, today it hit a 52 week high of $13.68. That's a 40 multiple- mind blowing. A $10k investment at the low would be worth $400,000. I wish I could say I owned it last year like some here, but my Ave cost is $8.44 so I'm up a bit over 60%, which is amazing for a little over 3 months. I'm not bragging, I'm elated as rarely in my years you f investing have I had this type of return. And imo, it will continue to get better. Not only will we be getting a healthy monthly dividend starting in July, but I think a $20 price target is very reasonable and attainable but $25 isn't unreasonable- but I'd be thrilled with $20. Surge, it certainly has...
Comment by
Kontrary on Jun 08, 2022 11:31pm
The $0.34 price was before the reverse split (1:8.5). It also seems low. According to the sources I checked, the adjusted 52-week low is $3.06. Still a nice gain, but not 40X