Hartcourt Companies (fka HRCT)

[SinoKnowledge]

500,

David, I understand some of your frustration. What I don't understand is why, as an investor, you don't use these price levels to cut your average price. If you bought 500 shares at $20 you have an investment of $10,000. You now have 1,000 shares after the split. If you bought 1,000 shares today it would double your holding and bring your basis down to 5.25 for an investment of $490. If you could invest only $980 today you could reduce your basis to $3.66. So for $980.00 you reduce your basis by 2/3.

Then, if the price starts to rise you liquidate some of your old stock and some of your new stock to return the $980.00 to your bank account. Now I will admit there is risk of the price declining further, but this level does present you with an opportunity to lower your basis. Unfortunately that adds to the risk. If it was easy monkeys would rule the world.

Just a thought, not any advice.