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 Tracking 1053 U.S. listed China Stocks and Counting...
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Harbin Electric, Inc. designs, develops and manufactures linear motors and special electric motors. With proprietary technology and core patents, the Company builds a wide array of customized linear motors and other special motor for a variety of applications and industries. The Company currently designs and supplies its motor products and systems to numerous end users throughout the Chinese domestic market, as well as, to other industrial OEM customers overseas. Industry applications for linear motors include oil field services, conveyor systems, factory automation, packaging equipment, as well as mass transportation systems. The Company is based in Harbin, China along with its wholly owned subsidiaries.

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Jam 23-Sep-2011 05:38 AM
Post Type: Public Public
As long as the company doesn't admit their fraud and nobody resigned, I don't see how it (#12003) In Response to original message: #12000 posted by muscleman on 22-Sep-2011 02:14 PM

As long as the company doesn't admit their fraud and nobody resigned, I don't see how it is possible for SEC or Nsdq to halt the stock just because some dude writes an article and send a request? I have no stake in HRBN though I agree it's fishy. Record date has been set and most likely this deal will go thru. CFSG also closes now despite Bronte's hit piece. So we have a wave of RTO deals going thru, CPC, CFSG, FTLK, CSR and maybe HRBN and FSIN follow soon.  The key lesson here is that we see value differently from those guys in China...

You better cover your short puts in SPY, Greece is set to default for sure and that will be worse than Lehman for sure, maybe another 30% downside in a week or 2, you really think germany is going to bail them out don't u?

 

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