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Thursday, November 09, 2006 11:25:20 AM
I am just checking with you to see if you have come up with anything on my 2 questions that I posed to you below on Monday. I know you are probably getting sick of hearing from me on this, but nobody seems to have any answers. At this point, the hold-up of getting the symbol assigned for BKMPP seems to me that it is most likely on Schwab's end though. Obviously the shares are there, even though you are unable to display the correct number of shares, and the symbol is valid when doing a lookup on it.
With all the talk on various stock chat boards regarding the original stock (BKMP) being illegally naked shorted by specific market makers, I am just trying to keep up on this so I don't end up getting "the shaft," so to speak. I know you are probably thinking that it's not worth your time to research something that is worth so little now.
I also understand that right now, BKMP is a sub-penny, so there is not much interest by anyone "in the know" due to the nature of how the pinks normally work, but it definitely seems that in the future that it will have to "take off" once their largest interest (The Fight Network) gets into the U.S. That future may be a week, a year, or even 5 years away - but I still do not want to miss out if / when something happens.
When this hits the pennies (if it ever does), my holdings on BKMP alone will be worth $x for every penny it goes up. That may not sound like a lot to you with the transactions you see every day, but it is a large amount to me. By the same token, while extremely unlikely, my BKMPP holdings go up $x million for every .0001 change in PPS (someone there at Schwab informed me was the lowest PPS they have ever seen on a stock is .0001), which is a lot to anybody. I also realize, of course, that doesn't mean I could actually end up selling all my shares at that price. And this is all assuming that the inevitable reverse split doesn't happen as well.
I will be following up on this matter until it is resolved. Thanks for your time.
Disclaimer: ALL posts are my own personal opinions, and nothing more. I don't actually know anything!
Meet Mr. Sib Almaz HERE:
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