I don't want to hype HRBC, so I will keep my tone down. Although HRBC has not had a major jump in price, I can not find anything I don't really like about this stock.
It appears more of a longer term hold than these short-term jumps its peers have seen. I was checking out ELCO when it was $13 thinking it was a good play. I wasn't really impressed and its float was over $17million. It looked like a safe play, so I decided to nibble. Before I could buy, it jumped so high, I stayed away. Needless-to-say, it shot up to $50 and then it has come back down quickly.
I guess the point I am trying to make, is that Harbinger has the customers, the revenue and products to show continued growth throughout the year. I expect earnings and more major announcements coming that push HRBC to $50 in January. It has all the makings of a $100 and maintain stock. I put VERT, ARBA and HRBC in the same mold. HRBC's float is much bigger, but so is their revenue and profits.
Smart move you made (Well, at least I think so) |