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Non-Tech : Havana Republic (HVAR)

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To: Jonathan Lebed who wrote (46)7/17/1998 5:25:00 PM
From: TAPR  Read Replies (1) of 686
 
If we can nail down the value here that will certainly help attract new money to the stock. It seems that some people have no idea what are realistic expectations for earnings going forward.

The action sure dried up today and some poorer soul closed out the day with the only sell at .15. (This may well have been a MM pumping for sellers on Mon morning.) If there is selling pressure still out there it must be looking for 17 or better.

We will know on Mon when buyers step in. If the price holds at 18 then "they" are still selling out into the promotion.

This wouldn't make sense to me but sometimes you got to have the cash NOW. It is possible that some one who bought much higher, like Ga Bard. Might be closing out to take a loss for taxes and is looking to get back in after 31 days.

The buying spike to .61 shows that part of the market bought up a lot of shares and valued them at the .50 level. Either it was dumb excited buyers shooting their wad or we should easily see that level again soon with the increasing awareness brought about by the promotion.

Time will always validate true value. Let's get a good handle on it and I think we can calm down and prosper.

Good Tracking and Trading

TA
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