1. GAMCO owns approximately 211,100 shares of BWTL, 5.56% total. 2. GAMCO continues to buy additional BWTL shares. 3. Bowlin has 3,797,043 shares outstanding. 4. GAMCO's ownership disclosure process for BWTL is impacted due to SEC regulations.
GAMCO's increasing stake indicates confidence in BWTL's valuation. Historical situations show that significant institutional buying often precedes price appreciation.
The article highlights significant institutional investment, which typically influences market perception and stock price.
Increased buying from GAMCO can lead to short-term price increases as demand boosts stock value.
GAMCO Asset Management Inc. ("GAMCO"), an affiliate of GAMCO Investors, Inc. (OTCQX:GAMI), along with certain other affiliates, collectively owns on behalf of its clients approximately 211,100 shares of common stock of Bowlin Travel Centers, Inc. (OTCPK: BWTL) ("Bowlin") which represents approximately 5.56% of Bowlin's common shares outstanding. There currently are 3,797,043 shares of BWTL outstanding. GAMCO is continuing to buy BWTL shares.
Due to the fact that Bowlin is not an SEC Registrant, GAMCO's usual process of filing an ownership disclosure form on Schedule 13D is not available. Therefore, this press release serves as notice of GAMCO's ownership on behalf of its clients.
GAMCO Investors, Inc., through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250902609287/en/
Peter Goldstein
General Counsel
(914) 921-7774
For further information please visit
www.gabelli.com