The Henley Group, Inc. (HNLY) undervalued growth company Message Board

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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

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To: purecntry5 who wrote (32)	2/22/1998 1:54:00 PM
From: Andrew H	Read Replies (3) of 2232

>>Theres no doubt what has held it down for the past months has been the this million shares hanging over there head since the average volume is only ~50,000/day. << There is always doubt with BB stocks. >>I notice the book value is listed at $2.28 a share also. Now if that is just anywhere NEAR correct, HNLY is grossly undervalued and would expect the share price to ascend to a value much nearer to $2.28.<< This is the book value as suggested by the company. Any independent sources to verify. Remember, so far we have only the company's and the PR firms word for all this info. >>ALSO, Notice the comment about early 1998 Nasdaq listing: My guess is this: HNLY expects (and righty so) to trade above their book value once they show some good numbers/start reporting/and basically show some future promise. With the much inproved share price they can meet the minimum bid requirements to get a full Nasdaq listing. << Perhaps, but a lot of companies make comments about getting a Nasdaq listing and nothing ever comes of it. Still, company does look interesting. But the hype on this board is pretty heavy.

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