Hi Folks. This stock is still good. Don't give up on it yet. Rumor has it that there are still some snags in financing but I expect that to be worked out favorably. I plan to take a stronger position soon. You should, of course, as always do your own DD and watch stock price and activity. I thing you will be pleasently surprised.
Off Topic.
I do want to give an up date on HYPD. I purchased stock in this company on September 1, 1998 and started a thread on SI. Share price has steadily moved up on light from about $1.00 on Sept 1 to close today at 1 9/16 by 1 5/8, well over 50% in less than 4 months.
The expected news releases are a bit late in coming but are expected to begin just after January 1, 1999, with several news releases and company reports to follow. They are expected to center around new acquisitions, executed contracts with good profit potential, developments in MIS systems involving a major player, financing arrangements, 2nd quarter l998, ending December 31, 1998, earnings reports and other important company related developments.
HYPD is an internet/IT integration and communications company that plans, designs, implements, and manages information systems and provides integrated wired and wireless voice, video and data communications for its customers.
There was good share volume yesterday with volume and share price expected to continue its upward movement at a strong pace, especially after news releases and company reports are closer to fruition.
This company is closely held with a small real float. It is not widely known but should become well know in the next few months, with strong growth in share price expected.
While the information is believed to be true and accurate, as always, you should do your own DD.
Thanks Folks. Responses and informed opinions appreciated. |
