SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fortitude who wrote (447)12/13/1999 3:16:00 PM
From: fortitude   of 2413
 
write up and t.a. from internetnews.com
Hartcourt Companies (OTC BB: HRCT) is a holding company (they will be filing their application for NASDAQ listing this month) which through its ventures in China, provides online trading, ISP and financial information. The Company has set its goal to be the world's leading Internet ISP and Online Trading (and related financial services) firm to the Asian community. HRCT will be announcing a new Board of Directors in January 2000. HRCT intends on offering an IPO with their ISP (Innostar) to Asia within the next 12 to 18 months. Preparations are also being made for the IPO offering of Sinobull in February 2000. HRCT's new international growth strategy has focused on acquiring companies in the Internet sector - specifically in China and Asia (the company is modeling the CMGI platform). For more information you can visit their website hartcourt.com.

The Stochastics crossed above the strong 75 mark November 3rd. Since that time, it has remained very strong and now currently heading towards its most positive peak of the year. The RSI is way above the strong 70 mark with a slight leveling off its most recent positive peak. The current price has been leading the upper Bollinger Band to new highs, and just crossed slightly below the upper band Friday. There has been moderate Insider selling from October-December. The MACD crossed into positive territory October 5th and has remained up since. It is currently on its highest peak of the year with slight leveling indications. Momentum crossed positive on October 20th and is now on its highest peak of the year. The current price is way above the 30-day (7) Moving Average. The NVI has been heading up recently but now leveling off. The OBV looks to be in line with the current price. The PVI is below the current price and level. This has been a very strong performer with a lot of interest in the China Internet market. Take a look at the chart.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext