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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (1056)	6/28/2000 1:26:00 PM
From: Investorman	Respond to of 2413

If they don't represent HRCT and HRCT has not paid them anything for the article, then where is the bias? The article regarding HRCT was even pretty straightforward about the existing situation and didn't contain hype about possible future events. If you are going to allude that there is a bias, then there should be some supportable evidence that one exists. You seem to take the position that all small OTCBB companies are trying to perpetrate a fraud on unsuspecting investors. While that is the case with some companies, it does not apply to most of them. They are high risk because they are almost always heavily extended in trying to accomplish new ventures. Anyone investing in them should understand that high risk is associated with the potential for large rewards. HRCT is moving away from that because of Sinobull's existing, verifiable contracts with the Hong Kong Stock Exchange, major Chinese brokerage firms, the China People's Daily, and other established, high profile companies. There isn't any evidence that HRCT is a pump and dump.... if it were, it would be the slowest one in history. Insiders haven't sold any shares, even when it hit 20. I personally have never advocated that anyone invest in HRCT for a quick gain. I think it will be at least 2 years before the full potential of their current business plan bears fruit. I don't think anyone will miss out if they don't buy in today. It is just one of a number of companies that has the possibility of rewarding its investors with substantial gains. I just don't see the point in bashing them when they are effectively completing their goals and finalizing acquisitions in accordance with their stated business plan. That is the point which makes them different from a pump and dump operation that exists on hype of future deals - HRCT has finalized many and is now providing the services contracted for.