Riding The Greenwave – Metal Recycler Hits Inflection Point In Growth


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Isaac Dietrich, CFO of Greenwave Technology Solutions, Inc. (NASDAQ:GWAV), was recently interviewed by Benzinga.

Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc., is a leading operator of 11 metal recycling facilities in Virginia and North Carolina. At these facilities, Empire collects, classifies, and processes raw scrap metal (ferrous and nonferrous) for recycling. Steel is one of the world’s most recycled products with the ability to be re-melted and recast numerous times while offering significant economic and environmental benefits when compared with virgin materials. 

The company has invested $15 million in capital expenditures over the last 18 months. These investments will help Greenwave achieve margins of over 80% and will help drive major growth, the company believes.

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Featured photo by Franki Chamaki on Unsplash

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Penny StocksMovers & ShakersInterviewGeneralBenzinga All AccessGreenwave Technology Solutions