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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF)

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To: EubieV who wrote (288)11/11/1998 1:49:00 PM
From: Chris O'Keefe   of 383
 
Eubie,
You may think I'm being a smart-alec for saying something positive on a day when the stock appears to be having a bad price day. But remember that one of my "complaints" has been that the stock is not liquid enough. Well, I see that over 46,000 shares have traded today. That's pretty good, relatively speaking! At least it's a very good sign.

If volume keeps up, I think that's a sign that interest is perking up. If interest is perking up--and people see positive/good news about HomeLife (which is the only kind of news they would find, right?)--then price will pick up.

I still don't understand this stock (like how it went from $1 to .50 back up to $1 and most recently back down to .50--all for no apparent reason) but, like I say, if the volume keeps up, I see good things for this stock.

Regards,
Chris
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