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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company
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To: Jack who wrote (1664)7/23/1998 9:05:00 PM
From: R. LYNN  Read Replies (2) of 2232
 
Jack, I do not think the price is declining look at the ask it's beginning to become .04 and .05 cents apart from the bid I believe the M&M's want to sell there shorts but they need to bring their ask down they are really trying to bring there bid to .24 but there has been no sell's at that point they have tried for 2 days now. I am going out on a a wild chance that HNLY is extremely oversold and when stocks become oversold they spike toward the stars above. Shorts will have to sell and that means buy and this means it is in the hands of the brokers. My guess is this, if everyone is holding they will sell, the last run up was around .42 they are probably looking to sell around .21 or .20 however if they can not get the price that low they will sell sooner and I will bet 5 to 1 it blows buy .42 like a rocket. Remember these guys must make a market and they will. Only insiders know what is going on. I think HNLY is going up , 30,000 vol and the ask went up I have been trading stocks a long time and when the bid and ask get distance between them something is going to happen,and just remember this the M&M's make money all the time they will trade this stock at 4 dollars or .04 cents and make money. M&M's make the market not us. I am only trying to help please do not take what I say to heart I have made money and lost but I have found Calm when the big money is on the line remember research, watch, proud, and pray for peace.
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