Posted a little while ago and it seems more releva
Post# of 2199
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Posted On: 08/16/2017 10:36:07 AM
Posted a little while ago and it seems more relevant since acquisitions: why buy a BMXC compared to a BTGI when they are trading in the same range but one will show close to $40MM in revs, just received regular bank financing for last acquisiton, has verifable assets, and is showing profitable quarters and the other is struggling to launch in a crowded commodity space? I own both and made money off both but I am actively buying BTGI.
Not that this is a plug for that but the reality is BMXC still has a lot of struggles ahead and that is just one example of a ticker that offers signifciantly less risk, a higher probability of faster reward, and probably relative upper end of ROI. I think BMXC remains mired in the holding pattern. BVRK has been another big flier (though recently cooled). With these stocks moving due to things happening NOW, BMXC will struggle to attract risk capital until top and bottom line growth is imminent or possibly even reported.
I am holding "free" shares of BMXC from the multiple cent range so I have already covered my capital and havent been following too closely but I think this remains the big issue. They have not produced results and others in their range are.
Not that this is a plug for that but the reality is BMXC still has a lot of struggles ahead and that is just one example of a ticker that offers signifciantly less risk, a higher probability of faster reward, and probably relative upper end of ROI. I think BMXC remains mired in the holding pattern. BVRK has been another big flier (though recently cooled). With these stocks moving due to things happening NOW, BMXC will struggle to attract risk capital until top and bottom line growth is imminent or possibly even reported.
I am holding "free" shares of BMXC from the multiple cent range so I have already covered my capital and havent been following too closely but I think this remains the big issue. They have not produced results and others in their range are.
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