Monday, September 13, 2010
HTLJ - Another Insider Purchase of 310,000 shares
For $.25 a share you are getting as stock that has over $100 million in annual revenue and over $26 million in assets. On a per share basis that is over $4 a share in revenue and over $1 a share in assets. This is why I don't think this stock trades below $1 for much longer.
If company financials aren't enough to get you excited about this stock consider the fact that insiders have been buying up shares at an amazing clip. Today another form 4 was filed showing an insider purchase of 310,000 shares at $.20. Insiders have recently purchased over 10% of the outstanding shares.
I am very bullish on this stock and out of all the stocks I have recently covered I think this one presents a great opportunity. This is not your run of the mill penny stock. This is a stock that deserves to be traded on a higher exchange. I think at some point it will and if you consider the recent insider activity I don't think I am alone in that view.
If company financials aren't enough to get you excited about this stock consider the fact that insiders have been buying up shares at an amazing clip. Today another form 4 was filed showing an insider purchase of 310,000 shares at $.20. Insiders have recently purchased over 10% of the outstanding shares.
I am very bullish on this stock and out of all the stocks I have recently covered I think this one presents a great opportunity. This is not your run of the mill penny stock. This is a stock that deserves to be traded on a higher exchange. I think at some point it will and if you consider the recent insider activity I don't think I am alone in that view.
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