Hurray! Holding Co., Ltd. (ADR) (NASDAQ:HRAY)

CAPS Rating: 1 out of 5

The Company is into music production and its offline distribution in China. It is also an online distributor of music and music-related products. It is also an online distributor of music and music-related products in China.

Recs

1
Player Avatar NeroSagetrade (91.74) Submitted: 9/26/2007 1:35:30 AM : Outperform Start Price: $4.43 HRAY Score: -23.64

I like cash, don't you like cash. Well for only $1.45 you can essentially purchase a profitable Chinese music distributor in Hurray. Sure they operate through Chinese cell phone operators and sure there are many tools to usurp HRAY's technology, but hey... at $3.08 in cash and no debt im not arguing at the profitability. Did i mention they are located in China...given the inane euphoria of this market does that not translate into an overnight 60% gain?

Nero
Sagetrade

Featured Broker Partners


Advertisement