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


To: melinda abplanalp who wrote (392)3/1/1998 1:07:00 PM
From: Mr. Stress  Read Replies (3) | Respond to of 2232
 
Melinda,

I have done the same thing many times before (got in too high), but I believe HNLY will be quite different. So far, I believe everything I have read about HNLY, like the great earnings report that should come out this week showing a book value of $2.50 (according to management).
Assuming all this is true, it would be a great buy at current prices!
It is getting a lot of good press and a lot of interest from investors. That alone may drive the price over $1.50 (IMO)

Good Luck!
Dave



To: melinda abplanalp who wrote (392)3/1/1998 1:58:00 PM
From: hoffy  Read Replies (1) | Respond to of 2232
 
<<I am thinking of getting in on this one. The problem is a have a pretty good track record of getting in at the high on b.b. stocks and would love to discontinue this trend. >>

I think it is a pretty good bet that HNLY will continue it's uptrend this week. I would feel ok getting in on it at anything under a buck. I think it will gap up a little on Monday but not over 1. SHould see a few more days of strong morning gaps and a .20 gain followed by a litle selling in the afternoon to give us a .10-.15 day gain. Before it settles down I think we will see one blow out day of around a 100% gain to get us to the 1.5 to 2 level followed by a little setback to 1 or 1.5 depending on how high it goes.

There will always be naysayers on every bb stock. Don't be scared away just because one paid guy writes something negative. Do your own research.