HRAL had a great afternoon today ! At first glance, it may not look so positive if you are not familiar with the history of this stock. If you look at Pinksheets or other services, they show the stock down 72% on the day . It can be quite confusing but; in actuality, HRAL is fresh off of a reverse merger and the opening price was a bit arbitrary when it began trading.
When HRAL dropped down to the $1.60 range around 2p.m. EST, I officially added it to my "Stocks to Watch".
HRAL went on to trade several million shares in just a few hours closing up to a price of $1.94 or up 21% since my alert.
Hearing health is a very current, very important topic that is really just beginning to receive a ton of attention. I think this deal has incredible long term potential as well as significant upside in the short term.
While conducting my research, it did not take long to find many articles regarding the growth rate of the hearing impared due to the aging baby boomer population.
Please read some of the following articles to see what others are saying about the growth of this industry:
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This is a Ground Floor Opportunity Addressing a Growing Need!
Don't forget about HRAL's relationship with the world's largest retailer, Wal-Mart.
And, let us all remember that the Chief Operating Officer of HearAtLast , Dr. Randy Lacey was one of the first individuals worldwide to bring large, hi-tech, one hour optical facilities to the public. With four 'super optical' locations, the concept quickly caught the attention of a Fortune 500 company and in the mid 1980's resulted in the phenomenally successful 'Lenscrafters' superstore franchises. The innovative marketing concept was instrumental in changing the delivery of eye care and optical products globally. Upon completion of the sale of this business, Dr. Lacey remained involved and guided 'Lenscrafters' with their expansion to over 200 stores throughout the U.S. Today 'Lenscrafters' has 850 locations worldwide. Subsequently, in the late 1980's Dr. Lacey became involved as an executive with Eye Masters and was responsible for helping grow that company from 2 locations to over 300 locations in just two years.
This visionary is now applying the quick, pleasant, and convenient experience he applied to eye care to the hearing industry.
Just ask yourself this question: Where would I go to get my hearing tested?
Soon, I believe that HearAtLast stores will be your answer.
I will have much more for you on HRAL, so be prepared. I really believe that HearAtLast will be a household name before long.
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