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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company -- Ignore unavailable to you. Want to Upgrade?


To: BJ Cooke who wrote (25)2/20/1998 5:24:00 PM
From: purecntry5  Respond to of 2232
 
It means that the buyers were out in force. The only thing still bogging it down has been the selling of the old PR firm. But the way I look at it, todays all time record volume should have taken care of most of those shares. I would guess the float had increased with the addition of those shares....Does anyone have an idea of what a PR firm could have expected to get in the way of shares? A million issued last summer when the stock was trading towards $1.00 would have been worth round a million dollars at the time. Im not sure when a firm issues stock for services if the value is whatever at the time. Maybe someone knows that too? Im trying to look at this from a worst case scenario.
With total volume this week of 1.8 million+ I think the any reasonable number of shares have been absorbed which will allows us to fly next week when the releases come out. Renember the float was 1.9 million so we have just about turned it over 100% in ONE WEEK. Amazing!

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