Brownie's Marine Group Inc (BWMG)

[micham2012]

Revenues were flat to down both quarters, and notwithstanding news of substantial o/s reduction, share price is down over the past 6 months. I recognize that the last two quarters are historically the Company's weakest, but I think it is fair to say the market was expecting better -- thus my use of the word disappointing. Certainly it is nice to know that the company can break even in a quarter when revenues declined year over year.

I am very long this stock, and so I would like to be very wrong about all this. Perhaps those who are encouraged by the last two quarters -- not disappointed -- can treat this as a major buying opportunity and drive the price of the stock back up. Volume is almost non-existent.