Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dusty Vestal who wrote (31)	2/21/1998 1:29:00 AM
From: purecntry5	Read Replies (3) \| Respond to of 2232

Good News: The website answered my previous questions. see: thehenleygroup.com The float is NOW ~2.9 million up from the original 1.9 million. So it looks like they did issue about 1 million shares to the previous PR firm.(BTW 2.9 million in a float is EXTREMELY small and virtually unheard of on the BB where companies basicaly "print" money as needed...Example the float of HCCA is ~990 Million!!!!) Since the weeks volume has well exceeded that amount, the absorption should be complete. Theres no doubt what has held it down for the past months has been the this million shares hanging over there head since the average volume is only ~50,000/day. I notice the book value is listed at $2.28 a share also. Now if that is just anywhere NEAR correct, HNLY is grossly undervalued and would expect the share price to ascend to a value much nearer to $2.28. ALSO, Notice the comment about early 1998 Nasdaq listing: My guess is this: HNLY expects (and righty so) to trade above their book value once they show some good numbers/start reporting/and basically show some future promise. With the much inproved share price they can meet the minimum bid requirements to get a full Nasdaq listing. Any comments welcome and appreciated. c):-) €á