Hartcourt Companies (fka HRCT)

[mmayr]

Here's an interesting look at the short term aspect of the recent trading behavior on HRCT. . .notice the plateaus after strong volume. Not sure what's going on in Germany, today. I would think that there is probably some short-term profit taking that is off-setting whoever is creating this volume:

http://host.wallstreetcity.com/wsc2/Chart.html?Timespan=10&0fval0=104&1fval0=216&3fval0=...

Will be interesting to watch the action in the U.S. However, I do believe Hotsearch is pretty close on his approximation of what is taking place. Somebody with purchasing power picked the right time to start stocking up on HRCT. . .and they had a good read on when the market would be good for doing so. Also, if this is the case. . .then the shareprice should reveal a pattern of levelling off at higher levels. If HRCT is going to be listed on another exchange in the near future. . .you can bet institutions are doing everything possible to get in on the shares, now (or employees of potential institutions. . .and many institutions are barred from investing in OTC BB stocks). So, who really knows? It's just nice to see the valuation reaching levels that are logical for what HRCT provides.

Peace. . .and God Bless America!

Keep the Faith!

M&M Man