Safe and Green recently unveiled plans to construct a 125,000-square-foot facility in Atlanta, Georgia, designed to house a mix of 68 single and double occupancy units for the elderly and assisted living residents. The Norman Berry Village project is slated for additional expansions, with the final setup featuring two buildings holding a total of 134 units.
The Surge:
Amid the financing announcement for the Norman Berry Expansion project, Safe and Green Development Corporation’s SGD shares witnessed a significant uptick in trading activity.
“Thrilled to share the strides in the Norman Berry project. We’ve secured funding for the acquisition of the adjacent property, anticipating a substantial boost to the value of the Norman Berry parcel,” quoted David Villarreal, CEO of Safe and Green Development.
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Acquiring SGD Stock:
Curious about entering the Safe & Green Development SGD market – whether to buy shares or perhaps engage in short selling?
Securing shares typically involves utilizing a brokerage account. Numerous trading platforms offer the possibility of acquiring ‘fractional shares’, permitting partial ownership of stocks, such as Berkshire Hathaway, avoiding the need for buying whole shares, which may be costly. For example, at $2.36 per share currently, $100 could snag you 52 SGD shares.
If pondering a bearish play, the short-selling process is intricate. Access to an options trading platform or a broker facilitating ‘shorting’ shares is requisite. This way, you can trade put options or sell call options at a strike price surpassing the prevailing share value – enabling profit from declining prices.
SGD Valuation: As per Benzinga Pro, Safe and Green Development shares are depicting a 241% surge at $2.25 during the publication timeframe.
Image: Albrecht Fietz from Pixabay
