Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AudioBoom (BOOM) is a perplexing company. It feels like a tech start-up but, rather than pursue round after round of venture capital, AudioBoom last year instead listed on AIM. It currently sits at 5p per share. Two days ago, it was announced that YOLO Leisure & Technology (the Candy Brothers) had bought one million shares at 3p each.
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Comments
CHARTMAN
As Boom is pure sound and Shareprophets is pure sound, I’ve often mused, what’s holding you back from using Boom’s platform, particularly as the clarity of the SoundCloud broadcasts from this site are variable and often …..less than desirable.
I await to see if I can tell a difference in the quality of sound reproduction. If there’s a detectable improvement , then that’s all the reason needed for Boom’s existence.
wildrides
Should I be buying shares in this outfit then Tom ?
Tom Winnifrith
Wildes
I am not qualified to answer. My view from a position of relative ignorance is risky to short given Candy purchase but cant see a compelling buy case either
T