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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company
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To: Gator who wrote (985)3/18/1998 8:34:00 AM
From: xbrent  Read Replies (2) of 2232
 
I think that the reason Henley has not performed up to expectations is the investor vs trader issue. When a stock fails to continue momentum the momentum traders depart. As a consequence, the stock goes lower. As soon as the momentum traders of the last two or three weeks are out of the stock it will make a nice steady rise. Henley also should pick up additional recommendations, and a guess on my part, issue news following the Meyerson announcement. They either have cash from warrants or soon will have resources to acquire other similiar companies and persue their strategic plan.
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