Simple answer is I wasn't familar with BWMG. I looked into it, revenue and earnings appear to be down y/y last quarter so that doesn't excite me. most of their income is because of debt settlement, which if you ex that out not much profits to be seen here. Hence I don't think it is cheap enough for the risk. I will pass on that one but thanks for the idea.
As of today the made up VMIR is up a whopping 35% YTD overall, obviously aided by the insanely hot market conditions. Granted it is pretax. Hope this helps. All is just my opinion, and I could always be wrong though.
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