• 1-(844)-30-STOCK

Need updates On Your Mobile Text STOCKS to 67076

MNGA Back On Investors Radar


Date : March 14, 2018

New Nasdaq Play In Renewable Energy Sector

New Opportunity:  MagneGas Corporation (NASDAQ: MNGA).) As the global population increases, waste is becoming a much greater problem than it was 30 years ago. This has created a significant demand for utilizing waste as a resource, rather than letting it rot in a landfill. According to CNBC, “Over 100 cities now obtain at least 70 percent of their electricity from renewable sources”. The projection is that there will continue to be growing demand for renewable fuels. Part of the renewable energy market segment is known as waste-to-energy, and this sector is experiencing rising demand as a consequence of increasing waste. According to Statista, “the global waste-to-energy market is expected to rise from 25 billion U.S. dollars in 2015 to almost 44 billion U.S. dollars in 2024.” One company taking advantage of this growth in demand is MagneGas Corporation (NASDAQ: MNGA). MNGA “owns a patented process that converts various renewables and liquid wastes into MagneGas fuels….used as an alternative to natural gas or for metal cutting.”

MNGA stocks

Who is MNGA

magnegas

MagneGas® Corporation (MNGA) owns a patented process that converts various renewable and waste liquids into hydrogen based fuels. These fuels can be used as a replacement to natural gas or for metal cutting. The Company’s testing has shown the fuels are faster, cleaner and more productive than other alternatives on the market. They are also cost effective and safe to use with little changeover costs.  The Company currently sells MagneGas2® into the metal working market as a replacement to acetylene.

The MagneGas2®fuel production systems can be set-up locally using various types of feedstock. The Company believes this flexibility can give them an advantage as fuels can be manufactured on site from raw materials found locally and eliminates the time and expense of shipping to the specific end user location. The Company is planning to sell the equipment or establish joint ventures with third parties to construct these supply facilities.

The Company also sells equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets.

mnga stocks

Recent Catalysts

For instance, just todays , MNGA announced that MagneGas Generates Record Sales in February 2018

(Marketwired – March 14, 2018) – MagneGas Corporation (“MagneGas” or the “Company”) (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company generated record sales of $505,000 for the combined full-month operations of ESSI, Green Arc Supply, and Complete Welding of San Diego. These represent the highest combined industrial gas and welding supply sales in corporate history. This record growth was primarily due to recent acquisitions that expanded the Company into California, Texas and Louisiana, as well as continued growth in Florida.

“We are excited to see the immediate positive impact of our recent acquisitions,” commented Ermanno Santilli, CEO of MagneGas. “We acquired Green Arc and Complete Welding for access to the leading industrial gas markets in the U.S., as well as their experienced and strong local sales teams that have delivered excellent sales results for those businesses. In addition, we recently announced aggressive expansions of the sales teams in Texas and California, and we have implemented a comprehensive product training program to educate our newly acquired customer base on the benefits of MagneGas2®, the world’s only renewable metal cutting fuel. We have had strong recent results in San Diego, where we presented MagneGas2® to four existing clients, and all four placed orders, switching from acetylene to MagneGas2®. We expect to replicate this success at scale as we drive training, customer support and marketing campaigns to further enhance our growth in these new markets.”

 – an “annual invitation-only event” and that:

“MagneGas has been identified by an expert panel as one of the world’s most innovative sustainable technology companies and has been selected to present to selected sovereign, corporate, family and professional investors & acquires, policy makers, end users and international trade media.”

mnga stock quote

“We see these sales results as a great example of the positive impact of our accretive acquisition strategy, as well as our growth potential as expand nationwide,” commented Scott Mahoney, CFO of MagneGas. “Our core strategy in 2018 is to make a series of highly accretive acquisitions that drive value strategically and operationally, as we undertake a complete financial transformation of our business. As an example, we exited 2017 with approximately $0.15 of revenue per share. Today, we are projecting almost $1.00 in revenue per share, with significantly improved profitability, clearly demonstrating the accretive nature of our growth strategy. We look forward to driving near term revenue growth, improved EBITDA, and ultimately strong positive free cash flows as we continue to expand the scale and scope of our business.”

MNGA

Technical Analysis

A few days ago MNGA reached a low of 0.91, immediately bouncing from this level and forming what is regarded in charting as a “hammer”, a potentially bullish chart setup. This level has been holding for the past 3 days, suggesting the increasing likelihood that MNGA could rally higher. MNGA has a 20 day moving average (DMA) of 1.46, suggesting upside potential of 32%. In the event that MNGA breaks out above its 20 DMA and sustains this level, this could increase the possibility of even further gains. The 50 day moving average is at 3.15, upside of 186% from today’s close. Does this guarantee with certainty that you could see upside of nearly 200%? No, but it does potentially suggest the increased opportunity for gains. In addition, the RSI (Relative Strength Indicator) is showing a reading of 19, suggesting the potential for significant upside.

MNGA.Chart4.revised (1)

About MNGA

MAGNEGAS CORPORATION

Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas® into the metal working market as a faster, safer, and hotter replacement to acetylene. In addition, the Company is developing a variety of ancillary uses for MagneGas® fuels by utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. It is also selling equipment for the sterilization of bio-contaminated liquid waste (such as pig manure or leachates) for various industrial and agricultural markets.

fast moving stocks
These trading guidelines are designed to give you a starting point to develop your own personal trading philosophy and approach.
 
Since every traders/investors circumstance is different, make sure you create a personalized approach that works for you and always consult a financial adviser (not me)

Indiana Pilot with largest swine farm in the state (2014 – 2016) • Verified our process works at scale, eliminates e coli, fecal coliform, impacts TSS. Meets EPA standards. • Enables hog manure to be treated as a Class A waste. 18 month pilot with one of the largest dairy farms in Florida (Q2 – 2017) • Awarded $430k grant • Key step to obtain USDA Subsidized Equipment Eligibility Service-based model test in North Carolina (Target launch – Q1, 2018) • Seek to monetize the sterilization process through service, manure feedstock and reclaimed water. • 1,700 hog farms in local market for early adoption and scalability  

Disclaimer :

We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. MyBestStockPicks engaged in the business of marketing and advertising companies. All content on our website is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. Neither the owner of Our Newsletter nor any of its members, officers, directors, contractors or employees are licensed broker-dealers, account representatives, market makers, investment bankers, investment advisors, analyst or underwriters. Investing in securities, including the securities of those companies profiled or discussed on this website is for individuals tolerant of high risks. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. Mybeststockpicks owns no shares of any of the companies mentioned here within, nor intends to buy any in the future. Mybeststockpicks has been compensated total of two thousand dollars by ALG Financial to perform 1 week investors awareness advertisement on MNGA

Total Views: 528 ,