B RILY wealth management stock has not been mentioned much here, but was subject of a failure to file their 10k on time and had their deadline extended to be due 4/29. Much scrutiny online and some folks claiming fraud and the stock would go to 0.
Filed today and it's a clean report, stock shot up from low 20s to low 30s in pre market.
Stock has a 1 year high around $60 or just under, and in past 5 years has gone up to $80. Price was fluctuating between mid 30s and high 50 on the one year chart before their missed 10k deadline and extension.
Also has a nice dividend that was yileding around 9% before this pre market jump.
If it hits into the 40s-50s average pricing before the missed 10k it still has a lot of room to grow.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001464790/000162828024017512/rily-20231231.htm
Disclaimer: I am long 500 shares and a few short term options at $22 and $30 strikes.
