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Friday, May 03, 2024 4:03:00 PM
I was just correcting/expanding on some of your “FACTS” so the readers of these posts can make their own determination as to a “good” or “bad” investment based on actual FACTS.
1) For the 9-months ended December 2023 they had $71,000 in revenue (revenues are declining) FACT
Actual FACT For the 9-months ended December 2023 Revenues were $367,680 and have gone up 3 of the past 4 years.
Here are the numbers:
In Fiscal 2023 they did $ 307,141 in revenues
In Fiscal 2022 they did $ 637,459 in revenues
In Fiscal 2021 they did $ 88,794 in revenues
In Fiscal 2020 they did $ 113,001 in revenues
So, for the 9-month period ended December 31, 2023, revenues were up 3 of their past 4 years in addition to exceeding their average revenue for their last 4 years ($286,599). Revenue timing can move between fiscal years, so taking a 4-year average should take care of that potential disparity and give a better indication as to how the company is doing.
I know you have some difficulty with reading and numbers, so I hope this helps.
2) BSEG stock is down (FACT)
Once again, I’ll repeat myself from my last post “I guess it’s all relative”.
To flat out state BSEG stock is down without any relative “facts” is meaningless. It’s all relative as to what someone paid for the stock to determine if their stock is up or down. By the way, Nvidia and Apple were both down at the close on Wednesday May 1 2024 (FACT).
3) Lastly
“You and I are different types of investors - you buy shares at .0235 and feel if it goes to .03 you are content.”
It’s truly amazing and ludicrous for you to go into your dissertation (apparently, you have too much free time), on the trading of ONE OTC stock, as to my investment type without knowing me.
I invest to make money long-term and trade to make short-term profits. I’m fairly certain you do the same. So, are we different? Maybe you meant different types of strategic investors? Once again, it’s still ludicrous, based on ONE OTC stock, for you to know what type of investor I am without knowing me.
And yes, I’m definitely content with a 27.66% return (.0065 (.03-.0235)/.0235) on any trade!
That's enough comic relieve for today reading and responding to your posts.
As you stated we do not know each other and we can care less about each other, so I will leave it at that.
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