Investors,

This will be a quick note and update to a prior investment thesis.

I was originally buying this stock under $30. Wrote a note to subscribers in early August telling them I was buying it handover fist. I ended up selling it a month around $50 or so per share.

As additional news circulated the financial markets I started to nibble at the security again. This time right under $60 per share. I ended up going all in a week ago with an average cost basis of $61 per share.

As more incremental news continues to leak into financial markets I have become even more bullish. I think the stock will re-rate to the $80-90 per share range over the next few months and could go over $100 over the course of the next 12-18 months.

This security is one of the cheapest stocks in the energy industry on an absolute and relative basis. At the current price the security has a free cash flow yield of 50% to over 100%. When investors digest the news that was released over the course of this week, we could see some major price action.

Please see my thesis below.

Grit Alpha

50-100% Upside As Investors Digest Key…

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