 In this video I'm talking about a penny stop that I think could reach $15, it's one that we've talked about before but it's also one that's had some recent breaking news where this could send the stock up even further and I think it's already starting to do that, it's actually already going up from this news and I think as long as this news continues and in terms of positive news for this company I think that it's in a sector which is just really hot right now and it's going to keep growing even more towards that $15. So we'll go through the information that I've got in this video, I've got to say I'm not a financial advisor, I am a business teacher in my daily life but I'm by no means an expert on the stock market and we'll get right into the information. If you appreciate that direct approach then do leave a like on the video. So moving on let's get right into it. The stock that we're going to be talking about, EEG, it's Orbital Energy Group, we've mentioned it on the channel before, we actually suggested this around $4, it's now set above $7, it might have a little bit of a pullback but I think in the medium to long term this is going to $15 easy in my opinion. But what do they do? Just as a quick background but then I'm going to go into the news. The news is sending this stock flying essentially. So we'll go into this. So what do they do? So they're an energy group but they cover orbital gas, power and solar and the leading in the pursuit of energy services. What I'm going to do is we get into the news, just a quick update for you to turn on notifications if you haven't already. Because we covered this stock when it was about $4 and you might have missed it in your subscription box but if you turn on the notifications you get automatically informed when we create a new video. And like we suggested this at $4 and it's above that now by a significant amount. So many of the penny stocks we've talked about, Transcendrix up a lot, AITX up a lot. There's so many of the stocks that we've talked about that are up a lot, Zemedica was up a lot, Gaxi is doing, it's interesting, it's kind of consolidating a little bit but it's still up a decent amount. But a lot of the stocks we've talked about is going up. So do turn on the notifications to be informed of that new video. I'll get right back into the information of the breaking news right now. Get into the news though because that's what you hear for us. What is this actually doing in terms of sending it flying? So the recent news has come out in terms of orbital energy, group subsidiary, Orbital Solar Services partners with Black Sunrise Half Century Fund and ACON Lighting America as exclusive EPC for North America's solar projects. Says here today announced that solely subsidiary Orbital Solar Services are leading in utility scale solar power generation facilities has been named the engineering procurement and construction EPC company of choice for the newly formed Black Sunrise Half Century Fund. This is massive news, it's not only just bringing attention to the stock, it's also a really good strategic partnership to be having here in terms of its partnering up there. So to go into this further, as announced by ACON last Wednesday at President Biden's Clean Energy for America inaugural ball, OSS is partner of ACON, ACON Lighting America and the Black Sunrise Half Century Fund to decommission coal fire power plants through the United States and convert them into utility scale solar energy farms. OSS is responsible for providing full EPC services for these solar facilities beginning in the second quarter of 2021. The Black Sunrise Fund was created in conjunction with ACON Lighting America a leading developer of clean energy projects across the globe to bring large scale solar power to North America by remediating now redundant coal facilities and converting the site into a utility scale solar farm producing clean energy over the next three years. In this, BSF expects to build over one gigawatt of solar power with a beginning investment of $725 million and ultimately, Orbital Energy Group are going to be working with them on this in terms of orbital solar here. So in a selection, OSS and Orbital Energy Group as its EPC company of choice, BSF consider OSS technical innovation and support capabilities. This includes OSS proven track record of success in executing over 40 solar projects in excess of 600 megawatts with more than 50 years combined experience in the delivery and management of both commercial and renewable energy construction projects. So what is he saying in terms of the quotes here? So we are now entering a stage of solar development in our nation. So it's very interesting this partnership, it's why the stock has shot up and you can no longer look at this as a stock what it was previously at, right? You have to base a stock's value based upon any recent news that comes out in any partnerships that are actually being forged and then that sends a stock price up and rightfully so and you've got to base that on its current price, not what its old price was maybe even two months ago. I think six or seven weeks ago this stock was trading at like $2. I thought I was late to the party when I made a video suggesting it at four and it's run up even past that it's run up to $7 around that point and just to go on a little bit about what Orbital Energy actually are a bit further. So they are a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies to create a diversified energy infrastructure service platform. OEG's group of business include Orbital Gas Systems, Power Service, Renewables, Solar Services, which is what is kind of linked with this particular partnership that's going on here and Eclipse Foundation Group, subsidiary of Orbital Foundation Service. So they were involved in a lot of different areas and what's to say we don't see any further announcements coming out in terms of partnerships in the renewable side or the power side or the gas side of what they're doing there. So we could see further partnerships but this is certainly a catalyst that has actually sent the stock up and again I think that there's a lot of more positive news to come out about this business. It's in its growth stage meaning that it's got a lot of potential to grow its revenue in the future but also in addition to that it's based upon some solid foundations the business. I mean if you look into the investor presentation you can see that they've got a really good leadership team and a good strategy in terms of where they want to build this company into the future and this extra partnership and deal with their deal doing here it adds actual more attention onto the stock more people take notice of the stock which shoots it up in that sense but also it adds potential favour resources that can help build its strategic direction as well and that's the key point is ultimately no pun intended is this stock sustainable in terms of its economic foundations and I think with an increase in partnerships and an increase in positive news and resources I think this stock is just going to be here to stay it's going to be here that's going to actually it's going to build towards much higher prices here and this is now set at $7.28 as you can see here and I think that this is when the markets open by the way when I'm making this video so it may dip a little bit bit actually okay because as a massive run up you can see the massive run up here so it may dip a little bit or it could go further but what I would certainly say is in certain certain certain confidence that I have I would say this is going to reach $15 at some point in the medium to long term without a question here because of the fundamentals of the company and this recent news I think this is going to reach $15 I really do so do take a look into this stock what I would say is in terms of getting into it if you haven't already if you haven't already if you didn't get into it when I suggested at $4 what I would do is I would wait and wait for a mini dip and then try to get into it then but I would also not put your full positioning on one trade right so maybe averaging your position over two three or four trade to the amount that you want to scale it up to that way you're building in your average cost by basis okay rather than potentially buying at the run-up and then it coming down again so just buy incrementally of a time because it is a fairly volatile stock volatile stock in terms of it being a penny stock and but again you know it's going to move out to that too it's going to move towards that $15 range I really do believe that it's really interesting company it's got a lot of aspects going for it and its fundamentals so certainly want to watch and do have a look and see what you think of this stock thanks for watching the video don't forget to leave the video like and also subscribe to the channel if you knew we cover many penny stock market videos and all sorts of different types of content so it'd be awesome if you could come join the channel and we're also trying to build towards 10,000 subscribers okay that's what we're trying to do so thanks for all the support and I'll see everybody in the next one