BMNM.OB is a REIT company that invests in MBS. They are at the end of a restructuring, which could lead to very large gains. Take a look.They earned 0.08 per share last quarter from operations and sell for a mere $0.20. At ten times annualized EPS the Price Per share would be $3.20, making this a 16 bagger!The three month chart tells a nice story.
Nice find!This could be a 16 bagger or more. All of their investments are variable rate mortgages. So, there is prepayment risk, but the net interest income can only improve.
There's no volume. It could go up 30-50% when you buy and down also that much when you sell.