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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air

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To: don roberson who wrote (2351)3/1/1998 3:16:00 PM
From: hoffy  Read Replies (1) of 6464
 
While we are all waiting for BAAT to recover you might want to make some quick money on HNLY. The volume started exploding last week with a rise in price too. Now the WALLSTREET WEST Newsletter picks up on the story of why this should be a fast mover. The story is printed below. I would get in anything below a buck and look for a quick move to 1 1/2 to 2. Should be a fun week if you are in this one

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"FEATURE SHORT TERM STOCK OF THE WEEK: THE HENLEY GROUP, INC.

The Henley Group (OTC-BB-HNLY-.59). This stock was suggested by a reader last week. It has also been featured in the Bull and Bear newsletter. It is rated by many as a solid buy, as financials are due out Monday or Tuesday. The company is in the integrated information systems business, focusing on Internet and other related computer activities. It will be interesting to see how this holds up, as volume has been increasing all week and the price has already moved up somewhat.

The company is supposed to have a book value of $2.25. The value is expected to move up to $4.00 for 1998. It is very unusual for a stock to trade below its book value. The belief on "the street" is that the earnings will be .05 per share. If these figures are correct, it is now trading at only 12 times earnings. It should be trading at 25 to 28 times earnings according to industry specialists. This will put it at $1.25 to $1.40 per share. Even then, it is still under its book value. This is very unusual indeed.

We see a strong sharp upward price movement this coming week, in anticipation of the news. The float is fairly small, around 2.9 million Short termers should buy now and sell around the $1.25 area. Long termers should buy and hold all the way up to the $2 level. It will be an interesting week for this one. "
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