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Microcap & Penny Stocks
Shells With Cash: Let's Find Them!
An SI Board Since April 1999
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Emcee:  chalu2 Type:  Unmoderated
I recently did very, very well buying shares in a shell with cash known as IFIT. Bought at 40-80 cents, sold not long thereafter at about $4 when a merger was announced. I've done the same thing a number of times.

What other shells with cash are out there? I know of a few: AMCE and FHAN come immediately to mind.

Let's do our DD on these & prosper.
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67Tuesday June 19, 9:40 am Eastern Time Press Release SOURCE: D.I.Y. Home Warehousrjm2-6/25/2001
66CRTQ is trading just over CASH per share ($7.30)$13.5 million in all, has an ongrjm2-12/31/2000
65Two very interesting finds. Of the two, I'd expect more from TEEE. PERS dochalu2-12/30/2000
64TEEE.OB Wednesday November 1, 9:32 am Eastern Time Press Release GolfRounds Charjm2-12/27/2000
63PERS.OB $1.61 per share in CASH. $6 million looking for a business. "the Crjm2-12/27/2000
62Think I got one for you boys. Time to wake up; Message 14372680Wayne Rumball-9/12/2000
61 DOCU: .21x.25, 4.2mil O/S, shell after selling biz O/S: 4,200,000 Float: 2,TallTrader-6/19/2000
60 It's true that LONE's stock price was as low as three cents before the Puck-3/26/2000
59 Hasn't LONE popped 600% already from its January lows. I don't have anyTopannuity-3/26/2000
58 LONE involved in reverse merger with British internet company Communicata: cnbPuck-3/25/2000
57 No clue, though the RGEQ shell if now being valued at over $11 MM. At $.06, itGlenn Petersen-3/15/2000
56 Glenn, Something is up with RGEQ. It's up .04 on 2 million shares. Any theJoey Two-Cents-3/14/2000
55 I did not sell when we had the run up, and bought many more shares at 3 3/8 laschalu2-3/12/2000
54 I am still holding, though kicking myself for not taking some profits in the $5Glenn Petersen-3/12/2000
53 Glenn, what's your take on the recent CN volatility? I'm hanging in; Ichalu2-3/11/2000
52 Anything is possible, though banks generally don't play the reverse merger Glenn Petersen-3/11/2000
51 Glenn, On the 10-K from March they stated: "a cash merger transaction whJoey Two-Cents-3/11/2000
50 They also have some rental property that is being carried on the books at $827,Glenn Petersen-3/11/2000
49 RGEQ a nice clean shell with 3M in cash and 87M shares outstanding trading @ $ Joey Two-Cents-3/11/2000
48 It is a shell but it only had $1,063 in cash as of October 31, 1999. As of JanGlenn Petersen-3/11/2000
47 Anyone following NIFI? Not sure if it is a shell or not but lots of it started SG-3/10/2000
46 RGEQ 14 million float 85 million authorized, no debt, 3 mill in cash. help me cTomR-3/1/2000
45 chalu2, Yep, I've had VIRT for over 10 years. 9.5 mil outstanding and aboubob sims-2/28/2000
44 Bob: thank you for bringing this to my attention. Are you a long time holder?chalu2-2/28/2000
43 VIRT finally came back to life after 10 years: =============================bob sims-2/28/2000
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