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LAKE HARMONY, PA -- (MARKET WIRE) -- 01/19/06 -- The IO Circuit recommends shares of automotive aftermarket supplier, Harvey Westbury Corp., Inc. (OTC: HVYW), which received a reiterated 'Speculative Buy' rating this morning from the OTC Risk Trader, a New York-based financial newsletter that provides market commentary and speculative trading opportunities on micro-cap companies.
Directly quoting the Newsletter Alert, "Our discounted cash flow (DCF) model calculation of fair-value suggests that a $.75 share price is justifiable based on revenue and earnings projections derived from our own independent research and interviews with the Company's management about current business conditions and future prospects for both acquisitive and organic growth." The report continued, "Notwithstanding our fundamentally based share price target, we believe the stock's inherent Historic Volatility (HV), propensity for large momentum swings and the Company's relatively low tradable float (approximately 5 Million shares) could precipitate a "slingshot" rally back to the $1.00 level HVYW shares reached in late 2005 after we originally recommended the Company at $.10. We would, however, warn subscribers that shares are overvalued at $1.00 and recommend taking profits, looking to re-establish long positions if and when shares retrace back to or below $.60."
Other active stocks are Aurus Corp (OTC: AURC), Global Energy Resources Inc. (OTC: GERI) and MakeMusic Inc. (OTC: MMUS).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $595.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
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HVYW - HARVEY WESTBURY CORP (OTC) Date Open High Low Last Change Volume % Change 01/26/06 0.2600 0.2900 0.1900 0.2880 +0.0380 686243 +15.20%
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 165590
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Sell 50-Day Average Volume - 109886
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: - Hold 100-Day Average Volume - 85847
posted
Supposedly guys behind UPDA push are coming in tommorrow and European campaigners next tuesday, sounds too me like its going to run to .75-1.00 range again, this is a no brainer
-------------------- do your own dd, do not buy on my recommendation alone!
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posted
GLTA on Monday, If the news comes out and gets the attention that HVYW has proven that it can get WATCH OUT --
NEW UPDATE ....
HVYW - HARVEY WESTBURY CORP (OTC) Date Open High Low Last Change Volume % Change 01/27/06 0.2900 0.3500 0.2800 0.2900 +0.0300 512500 +11.54%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 218720
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 133674
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: - Hold 100-Day Average Volume - 97613
Overall Average: 56% - Buy <--------------------------- The Overall Average has more than doubled
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posted
I have a good feeling about this one.... I learned that there was a couple of European MM's in play today ... There must be news coming out maybe a contract or OTCBB news ---
Where could this stock climb to on OTCBB news --- makes it a whole new stock
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Posted by: cmgibubba In reply to: state780 who wrote msg# 389 Date:1/30/2006 11:07:40 PM Post #of 396
state780 I have been an original public shareholder in this company for a few years, I received the stock as a dividend. They began trading back in May to help them get more attention and to assist in broadening their product reach. First they have a very low float and have been higher in share price. With the float their is no reason that this stock can not erase the old high with some news of progress in their business plan. Second they have put out NRs that they are increasing their adverstising and have even produced television commercials. Third, yes they have indicated that they are getting their filings in order and will be quoted on the OTC soon. I suspect there are reasons for the delay that couldn't be avoided. All in all everything is looking good and things are happening, though maybe not as quick as we the shareholders desire. If you want to see their products you can do a search and there probably is a store near you that sells them. Hope this helps.
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HOLY COW .90 target .... man somethings coming
Harvey Westbury Corp. (OTC: HVYW) Gets Buy Rating With a $.90 Price Target The IO Circuit recommends shares of automotive aftermarket supplier, Harvey Westbury Corp., Inc. (OTC: HVYW), which received a buy rating after Monday's close from the Small Cap Spotlight after the newsletter initiated coverage on the shares of the automotive aftermarket supplier. Focused exclusively on undiscovered small and micro cap companies and opportunities, the Small Cap Spotlight issued a corresponding short-term price target of $.90 on shares of Harvey Westbury Corp., highlighting increasing product sales and demand rates as well as low market valuation relative to expected growth rates as the basis for investment. Shares of HVYW closed at $.22 on lighter than average volume at the end of Monday's trading session.
Other active stocks are Lowrance Electronics Inc. (NASDAQ: LEIX), Technology Research Corp. (NASDAQ: TRCI) and SunoptaInc (NASDAQ: STKL).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $695.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
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Unless some bad news came out, it just seems to be impatience. They really do need to put out an official news release soon. The volume is one good sign though.
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quote:Originally posted by cactus33: Im guessing a lot of people panicked.
I made the mistake of gettin in at .32
IMO its a good idea to double down at .16
?
Hey Cactus, IMO averaging down would be a good thing for you to do ... I'm holding at .23 and feel like this will kick into gear in no time and then the ones who got out will be wishing they didnt --- this stock has made it to .99 B4
IMO this stock will break when you least expect it, maybe not thurs.
anything under .18 is a no brainer buy to me.
I agree with THX though, they need a solid release, I was aware of this company thru the boat ads before, and being a boat owner. I know that they are sellin tons of that boat wax, and the filters they make are built like sherman tanks.
Im guessing they're lazy on the release because they're makin $ without them.
HVYW is a little old school too, in that they need to get hip with spreadin the cheer.
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