Post by
ScarletSpider on May 27, 2024 10:46am
My Wealth Planner Was Away...
My Dad gave me 10,000 to invest with his wealth planner. I wanted him to buy shares in Brompton but he is away until tomorrow. I am sorry but i was fuming like no tomorrow with this stock and it came to a tough choice to dump or not. I would have preferred not to but i have. Given i lost 10,000 shares i will now most likely hold to the hilt my 30,000 left whatever comes of them. I will be looking at 30 per share on a 10 to 1 consolidated bases. I will now close my eyes to all this because i know when these move up it will sting a bit but i still have 75 percent my position.
The problem with Brompton is there is no guaranteed fixed dividend payout when i looked at the history. Additionally, it looks like a maxomum 75 million will be paid in dividends on 9 million shares although it is a bit confusing as there are class A and preferred and it seemed to state on each so 150 million? Or for both??? I thought to grab the shares in any case as i already have some here and these just keep sucking so well first time it was less than 10 percent with my buying back 7.5 percent now 25 percent. I am not sure i will buy back as it is not easy to save money.
I wish my Dads planner was in town but that was not the case. Lets see where these go at least now i think my venom will be gone. Truth be told had these held .07 Friday i would not have been so venomous!!! Anyways it is what it is i will look to guard my 30,000 and i want no less than the equivalency of 90k. I hope i am not over estimating what this is so far thoroughly disappointed on how insiders are acting i dont at all respect this!!!
Comment by
evilballs on May 29, 2024 11:15am
don't say I didn't try to warn you.
Comment by
ScarletSpider on May 29, 2024 5:38pm
Nope i will never say that evilballs you slammed the company and so far you are correct but the story is far from over. Time will tell where things go and whether as i said i will get no less than my 10 bagger..if i dont buy more shares leave my 30,000 position as is at a bk 1900 dollars i am saying and confirming again i will no less than 10 times that. I will post when full out.
Comment by
a2bman on May 30, 2024 8:54am
Warn about what? getting snuffed out by the shake?
Comment by
evilballs on May 30, 2024 11:49am
this is not a shake. Market thought the gaming stocks were close to turning the corner, but that is not the case.
Comment by
a2bman on May 30, 2024 12:09pm
so if its not a shake and you believe what you said, what are you doing here - you should have no shares or short, but theres only 5000 shorted as of apr 30. And like Ive said to you before, your looking at this like some old establiched industry - its not and the only thing they should be concentrating on is growth. They can easily cut costs i hope they dont.
Comment by
evilballs on May 30, 2024 6:12pm
who shorts a 5 cent stock?
Comment by
ScarletSpider on May 31, 2024 3:42am
Evilballs a better question is what is a $469 per share company doing with a penny stock holding 25 percent of total shares allowing for a share value below fair market value?