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Microcap & Penny Stocks : HNV breaking out on Internet deal with Excite!

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To: Arizona997 who wrote ()1/10/1999 10:00:00 AM
From: Arizona997  Read Replies (1) of 101
 
My Telechart accumulation/distribution indicator has been at maximum green all week which says that HNV is under heavy systematic accumulation. Confirmation of this would be that the price has dropped on dramatically lower trading volume. My take is that when weak players are done selling their shares at little or no profit, we'll move up. This is typical of stocks that pull back before making the big move. However, I 'm still ticked off at CBS Marketwatch for running the same negative "letter" 3 seperate days. Something smells here. I have heard rumors that the letter's author, Sanford Weissbuch, has a short position in HNV. Could it be that Weissbuch and big money friends threw a scare into CBS Marketwatch after it ran Thom Calandra's positive piece on Hanover Direct? I have e-mailed CBS Marketwatch regarding this, I suggest that others do also. The e-mail address is: newsroom@marketwatch.com
Gary G
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