The best time to buy beaten down penny stocks is when nobody wants to own them. In terms of value we are seeing a business that was consistently cash flow positive and doing big numbers. They raise half of their current market cap at a multiple of where the price is trading currently and has a ton of institutional presence buying, trading the name. I believe a few speed bumps- missed quarters does not define a business. If we see this government (ACP) funding come in then the stock can certainly surge (possible to 52 week highs) no pun intended!
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Avid Trader is not a Series 7 licensed investment professional, but a digital marketing manager/content creator to publicly traded and privately held companies. This is not financial advice. Investments involve risk and are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. To date, AvidTrader has been compensated five thousand dollars USD by ACH Bank Transfer by MDM Worldwide LLC for advertising SurgePays Inc. (SURG:US) As of the date of this advertisement, the owners of AvidTrader do not hold a position in SurgePays Inc. (SURG:US). This advertisement and other marketing efforts may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of SurgePays Inc. (SURG:US), increased trading volume, and possibly an increased share price of SurgePays Inc. (SURG:US), which may or may not be temporary and decrease once the marketing arrangement has ended.
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