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Microcap & Penny Stocks : HERC - It goes higher!
HERC 0.00010000.0%Nov 18 3:00 PM EST

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To: K. Voytell who wrote (180)3/13/1998 12:54:00 AM
From: Jim Johnson  Read Replies (1) of 341
 
K.V., that's a pretty bold statement! Personally, I know the firm well and really doubt it. They are experiencing some cash crunch since they have been doing so much work for the navy, laying out cash and having to wait for payment, but I truly doubt what you say. Since you saw fit to make such a bold statement you should be able to tell us what info you have to back up that statement.

As for going broke, there was a huge amount of activity today...over 224,000 shares traded. If it were people bailing out the price would have gone down. If it was buyers it would have gone up on that volume. Personally I think it was MM's loading up on shares for an impending increase in price....we'll see very soon I think.

Jim J
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