The Henley Group, Inc. (HNLY) undervalued growth company Message Board

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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

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To: R. LYNN who wrote (1666)	7/24/1998 4:02:00 PM
From: Jack	Read Replies (1) of 2232

Lynn, I still think that the price IS declining. I think it will continue to decline until a press release is released from HNLY. The bid along with ask is continuing to steadily go down. Bid Ask .23 - .25. Several months ago I was saying that the support level was .25. And it did hold at .25 and ran up to around .40 but I believe there was a news release during this climb, I am not sure. Now I believe the next support level will be around .18-.22. A lot of people had enough of this stock and they are slowly selling. I personally had enough of this also but I will stick around a while longer. I still think that HNLY is very very undervalued but until HNLY does something about their PR it will continue like this. It is holding around 1/4 for now but I don't think it will hold for more than a week or two pending any news releases.

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