Replies to post #1264 on Hartcourt Companies (fka HRCT)

[Tin-Berrygood]

free real time shows 360,000 shares traded...Oh, baby....That was 320,000 in the last 10 minutes....Oh, my!

[mmayr]

MisterEC ~~

I haven't been on the net all weekend. It's nice to get away from the computer. Anyway, the bigger trades at the end of the past couple of days appear to be market makers moving their inventory around. It could represent settlement of recent sale on series 144 stock. In that case, HRCT's number of shares outstanding should have increased. Has anyone watched that part of the equation? Remember, when Series 144 stock is sold. . .it is sold by a registered trader then the certificate is sent to HRCT so the management can sign the paper. Until the time, anyone selling Series 144 stock has a liability along with the cash in their account (from the sale ~~ versus the value of the stock on any given day). It usually takes at least 30 days for Series 144-D stock sales to reach settlement.

Peace,

M&M Man

PS: I no-longer live in CA otherwise I would make the trip down to LA (pertaining to concerns over the SA IPO and dividend topics previously mentioned). It appears the "blackout period" formerly known as a "quiet period" is now the next carrot to follow LOL!