Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Geodan...in your talks with management/ownership has there been any talk about why the share price is so low? I have played penny stocks for decades and the difference in this stock is it is an actual operating company. Even without this LW news it sure seems undervalued. Has management ever said anything about a future price target? I was lucky enough to happen upon this company a few years ago and have already made over a 600% return but do not plan on selling anytime soon as this seems to have real potential.
Hi guys....I am curious as to why you are still buying this company? Do you expect some sort of pump? I bought in a few years ago at around $.10 and have basically lost everything. I had forgot about this until reviewing my account and remembered I still had these shares. Any info is appreciated.
sorry wrong board
I have been told an offer of $4 for a buyout will be towards the low end. Not sure how legit this info is. Supposed to be big news either before or during the share holder meeting in Sept.
$.30 short term is a number being thrown out there in another forum.
I wish the company would have followed the 10K with a press release. They really don't do much to get the word out to increase the shareholders value. This stock is not like a standard penny stock...most penny's are not actual running companies and are just trying to promote the share price and this is an actual performing company. They don't seem to put their energy to increasing share price. I wish the CEO owned more shares he maybe more interested in increasing the value. It looks like he only owns 400K hares. Anyone else have further info on the shares he owns?
Agree this has turned into a long term play. They need to continue to pay down debt and grow their business. As the economy gets better it will grow as people will have more money to spend on recreational activities.
here is the link showing Fraser's shares but its weird Carmichael is not considered a major share holder....
http://finance.yahoo.com/q/mh?s=BWMG+Major+Holders
Fraser has 11.8 million shares. Looks like he was awarded over 4 million last year. So if 58 million shares are outstanding he owns 20% of the company. Do you know how many Carmichael owns? Seems odd someone outside the company would own 20% of the company.
Hello...new here and looking to take a position. I see that the leading share holder is Fraser Purdon. It looks like he is not actually part of the company. On the companies website I found this statement...Brownie’s Marine Group did not have a booth there, but we were represented by our good friend and affiliate Fraser Purdon.
Can someone explain the relationship and why he is the leading share holder? Also who is the president/CEO of Brownie's?
Does anyone have an accurate number for the shares outstanding?
Well I think we can all agree that we need towers for revenue...so that being said we probably are looking summer before they are active and end of the year before any revenue figures. I would guess we will see a good spike every time a new tower is announced active and another spike with revenue figures. This still looks good but definitely not a short term play...
Google it...you will find it on his photography website
It appears Val is dumping some of his stock...I knew we should have been worried that our CEO is a free lance photographer with no real background in telecommunications. I guess I will hold and see what happens.
we need buyers....
the chart i saw on the move to .10 havd 50 to 100 mil share traded or maybe the shares outstanding was less then? for a stock to move 500% to 600% as some have said should happen in the next couple months we are going to need to see some huge volume days...I am a little surprised with all the news the last few weeks the volume isn't higher. i have owned other penny stocks that the volume was considerably more than this stock with news no were good as this one. this still is kind of a hidden gem!
Hippichik....I agree. we will need 50 to 100 mil in volume to really see this thing move. Everyone says small float but it really isnt that small.
Otow has made me around 300% return already...i am investor and will continue to stay invested as long as things look good. I just continue to do my DD...looks like we will probably stay around this trading range for a while with the revenue stream not starting for 6 to 9 mos.
BTW I have been trading pennies for about 15 yrs. If I can tell you one thing from my experience is that never fall in love with a stock especially a "penny"
you said he was semi-retired in an ealier post...was he in the tele communications industry previously? Hope you don't mind all the questions...
Thanks for the story...curious did he pick up the tab? :)
Gregg
I believe I read in one of your previous posts that you have actually met Val...can you tell us the how this came about? Thanks
Guys this is not a PR it is a newspaper article written in the Palm Coast Observer. This is a great sign that the city and newspaper thinks it is newsworthy!