$BWMG Research, It Tripled in last 10 days, still
Post# of 51
Posted On: 11/25/2016 6:28:56 PM
Re: shortnlongs #41
$BWMG Research, It Tripled in last 10 days, still just 3P/E
What is $BWMG(Brownies)Worth? HowFarCanTheStockGo? ResearchCompilation
Why did I take a big position in BWMG? Last week, after they released their Q report, BWMG had more Cash than Market Capitalization (total value of 100% of stock), More Profit than Mkt Cap,and a Float (non-insider stock) of about $130,000!! It was an easy decision with Mkt Cap if $260,000 and cash over $300,000, and profits of over $300,000 in the last 9 months alone. And it went book value positive from negative book too. It also had a Prices/Sales ratio of 0.26!!, the normal in sporting goods is 1.8 according to Yahoo. So BWMG was undervalued by a factor of 7, meaning that if the stock went up 5 times to $.035 it would be just at average value and of course have huge momentum at that point.
It is super rare for a stock to have more cash and more profits per year than market cap.
First here are some posts and SEC reports that give a good background on BWMG:
1. Before taking a big position you need to know how many shares are out and how many options and convertible debt there is in terms of dilution potential possible. I bot about 4.6% of the company, 2% before Q Report 10 days ago and 2.6% more in 3 days after Q and now have a 140% profit on that investment (correction now 200% it went up more while writing, now am proofing, this is getting to be fun smile ). I was able to talk to the company and they explained the situation. A very rare thing but BWMG, they have been able to greatly reduce their share count in last year, instead of boosting it. AND the convertible debt is benign as such things go. Here is the report from that conversation: T,Did speak with company. ConvertiblesBenign smile TalkWithCompanyOnDebt Better than expected.
2. This post goes into the advatages of finding a profitible company with very low float, that was written here, Before the big rally started: Examples of Low$Float Stocks Lately DRYS,BTUUQ (BWMG)
For the record I have only had two stocks that immediately doubled after taking the majority of my position, PTSC and TASR and as of last Friday, now BWMG. PTSC ended up doing a 27 bagger for me in less than 2 months in 2006, $.08 to $2.20. For the record have only seen one company since 2006 in same business as PTSC (hi tech patent sales to NASDAQ 100 companies) with similar value, it is NTIP and it is right now, cash roughly equals mkt cap and huge profits.
TASR was before that, and it got away. Doubled my money on TASR (it was dirt cheap when bot it) in 1 week, was thrilled, sold it waiting for pullback, and it went up about 50 times more than sold it for. Learned a lesson.
3. BWMG, Brownies is a famous American company that sells diving equipment. It is over 40 years old and the CEO takes no salary. Watch a video of their two main products here
What is $BWMG(Brownies)Worth? HowFarCanTheStockGo? ResearchCompilation
Why did I take a big position in BWMG? Last week, after they released their Q report, BWMG had more Cash than Market Capitalization (total value of 100% of stock), More Profit than Mkt Cap,and a Float (non-insider stock) of about $130,000!! It was an easy decision with Mkt Cap if $260,000 and cash over $300,000, and profits of over $300,000 in the last 9 months alone. And it went book value positive from negative book too. It also had a Prices/Sales ratio of 0.26!!, the normal in sporting goods is 1.8 according to Yahoo. So BWMG was undervalued by a factor of 7, meaning that if the stock went up 5 times to $.035 it would be just at average value and of course have huge momentum at that point.
It is super rare for a stock to have more cash and more profits per year than market cap.
First here are some posts and SEC reports that give a good background on BWMG:
1. Before taking a big position you need to know how many shares are out and how many options and convertible debt there is in terms of dilution potential possible. I bot about 4.6% of the company, 2% before Q Report 10 days ago and 2.6% more in 3 days after Q and now have a 140% profit on that investment (correction now 200% it went up more while writing, now am proofing, this is getting to be fun smile ). I was able to talk to the company and they explained the situation. A very rare thing but BWMG, they have been able to greatly reduce their share count in last year, instead of boosting it. AND the convertible debt is benign as such things go. Here is the report from that conversation: T,Did speak with company. ConvertiblesBenign smile TalkWithCompanyOnDebt Better than expected.
2. This post goes into the advatages of finding a profitible company with very low float, that was written here, Before the big rally started: Examples of Low$Float Stocks Lately DRYS,BTUUQ (BWMG)
For the record I have only had two stocks that immediately doubled after taking the majority of my position, PTSC and TASR and as of last Friday, now BWMG. PTSC ended up doing a 27 bagger for me in less than 2 months in 2006, $.08 to $2.20. For the record have only seen one company since 2006 in same business as PTSC (hi tech patent sales to NASDAQ 100 companies) with similar value, it is NTIP and it is right now, cash roughly equals mkt cap and huge profits.
TASR was before that, and it got away. Doubled my money on TASR (it was dirt cheap when bot it) in 1 week, was thrilled, sold it waiting for pullback, and it went up about 50 times more than sold it for. Learned a lesson.
3. BWMG, Brownies is a famous American company that sells diving equipment. It is over 40 years old and the CEO takes no salary. Watch a video of their two main products here
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