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


To: nmsparky who wrote (1027)3/20/1998 2:20:00 PM
From: xbrent  Read Replies (1) | Respond to of 2232
 
I realize that I am an optimist on HNLY but I am glad to see that the day traders are gone. Once a stock has momentum day traders in it, it almost always goes down regardless, after the event. Glad to get the down pressure off this stock. I have to assume that 99% of day or near term traders who want out are gone. I wonder what the levels of resistance will be on a run up. I have to think that .50 will be easy to get to. Resistance levels after that will be very interesting. There will have to be selling at .60 and .70 unless it gaps up and has quite a frenzy which is less common than we would all like to see.