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


To: R. LYNN who wrote (1666)7/24/1998 8:44:00 AM
From: nmsparky  Respond to of 2232
 
Well, I hope you are right except for one thing. If they want the price to go up it better stay up forever and not go up then down within the next two weeks because I will have no chance to sell until Aug 10th because I'll be in NC where I have no way to find out how HNLY is doing. I've had enough of this stock and I want out ASAP. And if it goes up and down in a couple days like it did a while back I'll be holding for another few months.



To: R. LYNN who wrote (1666)7/24/1998 4:02:00 PM
From: Jack  Read Replies (1) | Respond to of 2232
 
Lynn, I still think that the price IS declining. I think it will continue to decline until a press release is released from HNLY. The bid along with ask is continuing to steadily go down. Bid Ask .23 - .25.

Several months ago I was saying that the support level was .25. And it did hold at .25 and ran up to around .40 but I believe there was a news release during this climb, I am not sure. Now I believe the next support level will be around .18-.22.

A lot of people had enough of this stock and they are slowly selling. I personally had enough of this also but I will stick around a while longer. I still think that HNLY is very very undervalued but until HNLY does something about their PR it will continue like this.

It is holding around 1/4 for now but I don't think it will hold for more than a week or two pending any news releases.