Would Warren Buffett File An Equity Offering At 5pm On A Friday?

Our previous article cautioned about BOSTON OMAHA Corp (NASDAQ:BOMN) whose stock had skyrocketed we believe because of investors’ mistaken belief the company was related to Warren Buffett.  BOMN has no connection to Warren Buffett and we believe the stock remains massively overvalued considering its book value is only $10.42 per share and the company is losing money.

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In the month since our original article, the stock has fallen 30% and we think it will fall even further considering the news that came out late last Friday.  The news we are referring to was an SEC filing by BOMN for a $50 million at the money equity offering and a $200...