Hear at LastWhat is going on with HRAL (Hear at Last). Sounds phony.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Hear at Last sounds like a reasonable business model with a growing market. The people involved seem credible and they have the relationship with WalMart for store locations. Still, I’m skeptical because there are no SEC filings or reports that I can find. Anyone know anything about HRAL?
Don’t know the company, but I just looked them up and the market cap is $670,000. That’s not missing a comma or zeros, it’s six hundred and seventy THOUSAND dollars, so absurdly tiny that there’s absolutely no reason at all for them to be a public company (which is why they’re not filing, I expect). If you see them being written up or promoted somewhere, then it’s almost certainly nothing more than a “pump-and-dump” trading vehicle at this point. Doesn’t mean the company is scamming you or that they’re not trying to run a real business, sometimes stock promotion scams catch the target company by surprise, but in my opinion, if what I saw in a quick Yahoo Finance check is accurate, they’re too small for legitimate public markets investment and the shares are likely to be manipulated whether the company is involved or not.
This is definitely a real business with tons of stores in Wal-Marts all around North Eastern Canada. It is a stock and a business that has the possibility of being the next Lens Crafters, both businesses are created by the same person. I would recommend picking up 30,000 shares or so and just letting it sit. What can it hurt. It cost me $65 to get 30,000 shares. If it hits $.50 I make $15,000 if it doesn’t I lose $65. This is one of those things where it is cheap enough to easily take a risk on it and there is huge upside potential.
I have visited a few of their operations and they are very real. From any conversations that I have had, this company is very real and the stock price isn’t going to make any difference in the goals this company has set out and what they are trying to accomplish. Yes the stock price is hindering their development but they aren’t rolling over because of it. I am not happy with the stock price either but if anyone is in this one for the long haul to see where their growth takes them, then I believe your on the right track. Stock Price manipulation game is alive and well on this stock but its not being orchestrated by the Company by any means as they are too focused on building this a large chain of hearing stores. I think this stock has come under a lot of fire and the manipulation started when the stock was trading in the $1.25 range and since then it has been a target of short selling. Same old, same old pink sheet games. Would love to see them get off the pinks and that is not to say that OTCBB is any better.