The last 2 weeks were good for HRCT share price. However, the MM shorters and their paid bashers are still around to find opportunities for naked shorting. In the long run, however, Hartcourt is as solid as any company can be. Here are the fundamentals:
1. Sustained revenue of at least $3.5 Million in Q3 and $4.0 Million in Q4.
2. Solid assets in all 11 operating companies.
3. Strong partnerships with well-known multi-nationals. 20 at last count.
4. Great market position in the sectors it is in.
5. China is still the fastest growing economy in the world, recession and terrorism not withstanding. Bush in Shanghai to affirm American economic partnership after WTO.
6. Management team is honest, dedicated and focused.
7. The spin-off of ET, SB and AI into separate public comapnies with very small floats will create a better perception on market value.
Just IMHO, but who can dispute these facts. In two years, my HRCT shares will look much better than ever.
Investing in fundamentals is still the surest strategy.
