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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: Kip518 who wrote (109)3/21/1998 9:11:00 PM
From: Pancho Villa  Read Replies (1) of 650
 
Kip, Just got back from FL. I will study the 10K carefully tomorrow. IMO as you seem to have realized already, the whole thing is just a big joke. If they can get away with screwing a few dummies with 2.5 million shares at $29 without moving the price I would be surprised, but given that BFIT is the ultimate gravity defying stock you never know. I guess Mr. Hillman is ready to burn some money behind some exciting ideas and continue to invest in a business with extremely poor return on investment. BTW, it seems he can't raise same store sales so he is gonna go the RAYS way, buy revenues even if there will be losses attached to every extra dollar of revenue.

When and if this puppy ever falls I am gonna have a ball!

Pancho

pancho
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