$BWMG now 5 BaggerSince Posted onIhub-15TradingDays ValueTheKey
Why did it do that? because it is a real company that is profitable and is undervalued, that is the key. That is why I bot 4.6% of the entire company.
Other things that have helped is that Float was tiny and has been completely bought up, so the only way people can buy any significant stock is by hitting the Ask, more of less. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126906565
Yahoo says official Float is 26.83 million https://ca.finance.yahoo.com/q/ks?s=BWMG
Yet 28 million have been bot by long term holders who have come forward with their counts, the Float is gone.
But the key thing is value, in fact at a normal P/E of 23, BWMG would have to go from Friday's .022 to .11, a 5 bagger from here, BUT it would have huge momo by then, so??? maybe .20? .30?
Why people flog worthless stocks mystifies me some, they can flog value stocks and make much more money.
This post explains it all http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126803151 What is BWMG(Brownies)Worth? HowFarCanTheStockGo? ResearchCompilation