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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (12670)2/24/1998 1:11:00 PM
From: David Alan Cook  Read Replies (1) | Respond to of 79269
 
Volume Surge in HNV - Stock moving back UP on volume of over 1.4 million shares. A turnaround pick. Company has shown 3 back to back qtrs of improving profitability. I am looking for the company to report its first profit in the soon to be announced 4th qtr.

Stock hit a new high several weeks back on heavy volume ( $3 7/16s ) and then retraced back to the breakout point on lower volume. HNV trying to break $3 as I write this post.

*** Insiders own about 80% . . .including Basil Regan who has filed 3 13Ds the last 3 months. BIG Cap company with over 200 million shares outstanding. 30+ million float given insider position.

DC