HARBIN ELECTRIC INC (NASDAQ:HRBN), Up By 1.69% ($0.35) From $20.650 After BUYINS.NET Report Predicted Stock Would Go Up Due To
October 4, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, October 3rd 2011 stating that HARBIN ELECTRIC INC (NASDAQ:HRBN) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=hrbn&id=196964
At the time this story was written, HARBIN ELECTRIC INC (NASDAQ:HRBN) is Up By $0.35 (1.69%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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HARBIN ELECTRIC INC (NASDAQ:HRBN) - Harbin Electric, Inc., through its subsidiaries, engages in the design, development, manufacture, supply, and service of electric motors in the Peoples Republic of China and internationally. The companys product lines include linear motors and integrated systems, automobile specialty micro-motors, and industrial rotary motors. Its linear motors and integrated systems comprise flat linear asynchronous motor series and flat three-phase linear asynchronous motors, which are applied in transmission systems, such as the production transportation line, the crane, postal service sorting machine, baggage sorting machine, printed matter sorting machine, automatic linear door, and revolving door applications. The companys linear motors and integrated systems also consist of products used in the oil, factory automation, packaging, logistic systems, and food industries, as well as in the production transportation conveyor lines, postal service mail sorting machines, baggage sorting machines, printed matter sorting machines, food and meat slicers, oil pump machines of oilfield, and automated power switches. The companys automobile specialty micro-motors are used for car seat automation, back seat folding, electric power steering, automated windows, and automated trunk opening. These products are also used for door locks, gas pedals, ABS, gas pumps, and engine gas jets. Harbin Electric, Inc.s industrial rotary motors are used in various applications, such as freight train driving motors, power plants, metallurgical and mining industry, chemical and petrochemical industry, construction machinery, agricultural equipment and machinery, transportation machinery, machine tools, medical devices, ventilation equipment, air compressors, and electric pumps. The company is headquartered in Harbin, the Peoples Republic of China.
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