No Business Training Whatsoever

How I'm gambling away my retirement fund in the stock market.

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Location: Toronto, Ontario, Canada

They only give you 1200 characters to describe yourself, so I won't even try.

Monday, March 20, 2006

NKBS - Buy


Chart of NKBS as of Mar. 20, 2006

Purchase Price
$1.96 US

Company
Newtek Capital, Inc.
Newtek Capital, Inc. is a holding company for a network of partner companies that develop successful businesses in a number of existing as well as emerging, technological business lines.

Reason
Got a tip off a message board.

From clearstation.com....
From: lowpevaluation Mar 15 2006 12:37AM
Title: Rebound possible (Long Recommendation)
Company coming off 2 year downtrend. Insider buying picking up. Corporate just announced stock buyback. NKBS has market cap of $66M and net assets of $63M, with $56M in cash. I tend to agree with insiders and company purchasing it's shares, this looks like a good value.


Risk?
No idea. Medium??