What I don't understand at this board is this.....
if so many of you don't like this company, why are you even here??? If I don't like a stock or company, I don't hang around a message board cutting the company down. Afterall, what do I care?? I come here with some words of encouragement and optimism about Hartcourt and you think i am a pumper??
Look at the fundamentals of the company and what they have been doing the past 6 months. Look at the chart and the support line! This stock is readying for a move upward imho.
Hartcourt should have nothing but great earnings this quarter and year, given all it's recent company developments and yet because of the SEC civil case against Phan, so many of the people here hate this company because of this single individual and his actions.
From what I have heard, Phan is gone. Whether he is guilty of the $800,000 fraud is yet to be seen. BUT, I will not hold this company accountable for the possible mis-actions of one man! $800,000 is not the end of the world.
The man is NOT the company! CEO's come and go all the time. HRCT is under new management and whether or not the SEC civil case is settled or not, this company at this level should have no where to go but Up from here.
WHY? Because ALL bad news has already been factored into the price at this point. If Phan is found innocent...the price will go up. If Phan is found guilty...the price will go up...for the simple reason that this civil suit uncertainty will be over and Phan will have to restitute the money he took under false pretense back to the company!
If Phan did the wrongdoing, he is the one who will have to pay the fine and legal fees, not the company and it's innocent shareholders. All the thousands of innocent shareholders here did not do a thing wrong!
Either way, shareholders will stand to benefit because the uncertainty will be removed. Until then, the stock will move up based on it's fundamental and technical merit.
end of story. If you don't like this stock, why hang around the boards? That doesn't make sense either! Does it??
