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Originally Posted by wisconsinstock1  Now we all know SHELL STOCKS become reverse mergers if you didnt know that do your DD.... My DD below on a great stock IMHO...
THIS COULD BE HUGEEEEEEEEEEEEEEEEEEE This is a SHELL STOCK now listen to this the
Estimated Market Cap
$9,169,198 as of Jul 2, 2009
Outstanding Shares
7,973,216 as of Aug 1, 2008
Which is really low with the float YOU GOT THAT MUCH SO FAR NOW LISTEN
BKF Capital Group, Inc. Announces Stock Buyback
10:55a ET July 1, 2009 (Business Wire)
BKF Capital Group, Inc. (Pink Sheets:BKFG) announced today that its Board of Directors has approved a share repurchase plan, authorizing the Company to repurchase in the aggregate up to 1 million shares of its outstanding common stock, $1 par value, over the twelve (12) month period July 7, 2009 through July 6, 2010.
Why would a shell stock start stock buyback PLANNN hmmm unless they have a Reverse Merger down the line.hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Wheres the company located this SHELL STOCK
One Rockefeller Plaza
New York, NY 10020
Phone: (212) 332-8400
Fax: (212) 332-8487
GOT TO BE KIDDING ME A SHELL STOCK LOCATED AT ONE OF THE RICHEST ADDRESSES IN NEW YORK CITY......  |
Michael Price has 293800 shares of BKFG, which is 3.69% of the outstanding shares!
Michael F. Price is the 271st richest person in the world, according to Forbes. A renowned money manager, he learned finance as a $200-a-week research assistant under Max Heine. Mr. Price earned reputation for buying undervalued companies, and raising he. He has often tussled with management of companies held in his portfolios. He sold Heine Securities in 1996 to Franklin Resources for $670 million. Now, Price manages the private firm, MFP Investors, with $1.6 billion under management, much of it his own money.
Source:
http://www.gurufocus.com/StockBuy.php?symbol=BKFG
Waiting on .10+
