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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company
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To: Beermeister who wrote (38)2/22/1998 11:21:00 PM
From: lizard lick   of 2232
 
i agree with you, however the sidelines on this one have already
been exhausted, people have been waiting on the sidelines to
get in for months, news in feb and march will give anyone else
still on the sideline the kick to go ahead and accumulate, but in
my opinion we are going to be over 1/2 at least at that point, this stock upon issue was in the 4-5 dollar range if you check the
charts and if feb and march press substantiates 98 potential the stock will move swiftly to reestablish itself up to book value
of 2.28. Only daytraders will keep making it swing .06 cents up and
down. But at some point they will be phased out of the stock by
either ending up holding their positions or selling to buyers who
are not out to daytrade thereby consolidating shares in long term hands. I would dare say that last weeks volume took alot of
shares availiable for daytrading out of the market and moved them into peoples accounts
that are willing to hold for well over a dollar. Im going to check tonigh
what kind of trading went on on friday and post my results that should
gives us an accurate account of what went on. It should be
noted that stock closed up nicely on friday and i imagine this upcoming week
its going to be closing higher and higher each day.

See you later
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