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??


1 Comments:
http://ca.news.yahoo.com/s/18042006/6/n-canada-stock-index-jumps-100-pts-resources.html
I noticed this and thought of you: Stock index jumps 100 pts on resources.
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