Dallas 6/21/2011 11:21:41 PM
HRBN and SHAR are the Daily Market Movers for June 21st from OTCPicks.com
OTCPicks.com Presents Today’s Daily Market Movers HRBN and SHAR
Dallas, TX – HARBIN ELECTRIC INCORPORATED (NASDAQ: HRBN) "Up 8.51% in morning trading"
Harbin Electric, headquartered in Harbin, China, is a leading developer and manufacturer of a wide array of electric motors with a focus on innovative, customized, and value-added products. Its major product lines include industrial rotary motors, linear motors, and specialty micro-motors. The Company's products are purchased by a broad range of domestic and international customers, including those involved in the energy industry, factory automation, food processing, packaging, transportation, automobile, medical devices, machinery and tool manufacturing, chemical, petrochemical, as well as in the metallurgical and mining industries. The Company operates four manufacturing facilities in China located in Xi'an, Weihai, Harbin, and Shanghai.
COOPER HOLDING CORPORATION (OTC: SHAR) "Up 22.73% in morning trading"
Cooper Holding Corp is engaged, through its wholly owned subsidiary Cooper Hunting Industries, in wholesale and retail sales of a diverse line of outdoor products such as hunting blinds, mineral supplements, attractants, knives and miscellaneous accessories. Management is now focused on generating sales revenue and creating a high quality customer experience. Our proprietary and customizable platforms also allow our partners to private label our products to meet their specific needs and goals. Our strategy at Cooper Holding is to generate internal growth within Cooper Hunting with new product innovations through research and development. Financing this growth through retained earnings and the responsible use of our authorized common stock as currency will allow us to purchase other privately held companies that have related products. Additionally, this plan will allow our revenue stream to diversify so that our company’s success does not depend on the sales of a single product type. Once product arrives in our warehouse, it can be sorted, palletized and shelved ready to fill our orders. Our products are distributed through five national wholesale distributors, several big box stores, approximately 200 individually owned retails outlets, two internet stores, and 32 consumer shows each year. All of our products are non-chemical, non-firearm based and do not require any form of government approval.
About OTCPicks.com
OTCPicks.com, one of the leading penny stock Web sites, presents its daily Stocks to Watch and Midday Market Movers every weekday. In addition to all the latest penny stock news, OTCPicks also offers daily newsletters, unique commentaries and free profiles, alerts and investing tips.
The stocks presented above are available in OTCPicks.com's Free Daily Email Newsletter. For daily penny stock alerts CLICK HERE.
Disclosure: OTCPicks.com has not been compensated by any of the companies covered in this release.