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Ended up 30% today to .026 on high volume with no news, outstanding breakout and/or reversal, director has been buying. With a chart like this something has to be happening.

Company blurb...

Through the acquisition of Sun Biomedical Laboratories Inc (SBL), HGR has acquired a portfolio of unique invitro diagnostic intellectual property with a specific focus and expertise in the use of saliva as the diagnostic medium. The immediate opportunity to be realised through SBL is the global commercialisation of their benchmark oral-fluid illicit drug screening device OraLine which has established an industry benchmark with the most sensitive detection levels particularly for marijuana which is the most commonly consumed illicit substance both in Australia, the United States and throughout Europe.
 

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Re: HGR - Harrington Group

HGR up another 30% this morning and rising (now 35%). Maybe there is still time to catch this rocket... :D

DYOR of course. Whoops, now up 38%
 

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Re: HGR - Harrington Group

Whats going on? I saw these acting strangly last week. Made some money then, also today, but I'm not sure why all the interest?

Is it due to the reermergence of one of their products in the US market?
 
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HGR - Harrington Group Limited

Hey guys,

anyone else holding in this small (tiny) cap company?
Interesting market - police 'non-fatal' ammunition & portable drug testing.
Bought in at 0.01 and sold at 0.016 and now watching it go past 0.037 :banghead:
They could possibly have a corner on the market in the US if they get certain approvals. Does anyone have any info on them besides what's on their website?
 
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Re: HGR - Harrington Group Limited

Hey guys,

anyone else holding in this small (tiny) cap company?
Interesting market - police 'non-fatal' ammunition & portable drug testing.
Bought in at 0.01 and sold at 0.016 and now watching it go past 0.037 :banghead:
They could possibly have a corner on the market in the US if they get certain approvals. Does anyone have any info on them besides what's on their website?

I bought in on Friday based solely on the breakout. Was intending on selling today but the company looks far to interesting to leave alone.

Their product seems pretty unique in that it gives easy to manage instant roadside results. Their product is patented. I'm just wondering whether they can even go global with this.

With a market cap of around $25mill AUD...seems to be worth holding onto.
 
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Re: HGR - Harrington Group

WHAM!!! Right out of the blue:eek::

Harrington
Group Limited
ABN 18 001 285 230
Suite 401 , 480 Collins Street, Melbourne, Victoria, Australia, 3000
T: +61 3 8610 6370 | F: +61 3 8610 6374 | E: info@hgrltd.com
ASX:HGR
www.hgrltd.com
ASX Company Announcement
29 August 2007
ORALINE DRUG TEST
CERTIFIED FOR EXPORT TO MEXICO
Harrington Group (ASX: HGR) is pleased to advise that the Company’s subsidiary Sun
Biomedical Laboratories (SBL) has been granted a certificate of exportability from the
U.S. Food and Drug Administration (FDA). This enables the export of OraLine IV, the
Company’s premier oral fluid illicit drug screening device, into Mexico.
Subject to acceptance by the Mexican government, the Company anticipates
commencement of shipping of OraLine IV in September 2007. A significant
distribution partner to SBL, Express Diagnostics, has been working with the Mexican
government where it is intended that OraLine IV will be used for testing programs
being implemented in the Mexican schools system. In its war against illicit drugs the
Mexican government has introduced mandatory drug testing in schools. The
Company is confident that the Mexican market will deliver significant volumes and
that the model of mandatory testing in schools is likely to be adopted in other
markets.
As previously advised the Company remains committed to, and continues to work
toward the realisation of FDA 510(k) clearance for OraLine IV for workplace testing
programs in the U.S.
For further information contact
Brian Andrews – Managing Director
Tel: +61-3-8610-6371
 
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Re: HGR - Harrington Group

Sweet mama. I bought the break out too, but thought I got in way too late. Then DOW tanks then this happens. Good stuff.
 
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Re: HGR - Harrington Group

Sweet mama. I bought the break out too, but thought I got in way too late. Then DOW tanks then this happens. Good stuff.

It really does pace the way to move into other countries. I really hope profit takers don't stand in the way of a major rerating.
 
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Re: HGR - Harrington Group

great announcement!!! will hopefully see this crack and go beyond the 4c mark as the news sinks in.....
 
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Re: HGR - Harrington Group

100,000,000 traded now at 4.2 cents. Good luck to all longs. Lots of good news coming down the pike. Technicals are indicating a very strong move upwards.
 

Sean K

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Re: HGR - Harrington Group

great announcement!!! will hopefully see this crack and go beyond the 4c mark as the news sinks in.....
I'm trading this but can not see any $$ value at the moment.

What's the $$ value to the company?

Is this going to fall over once the volume day traders get bored?

Or, is it the real deal?

Rampers hold your tongue please....
 
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Re: HGR - Harrington Group

I'm trading this but can not see any $$ value at the moment.

What's the $$ value to the company?

Is this going to fall over once the volume day traders get bored?

Or, is it the real deal?

Rampers hold your tongue please....

True Kennas...there have been no figures mentioned. However, I believ the market is massive:


MONTERREY, Mexico, July 2 (Reuters) - Mexican students will take drug tests in schools as part of an effort to reduce narcotics use among young people, President Felipe Calderon said on Monday.

Calderon said 8,000 schools will take part in the first stage of the program when the school year begins in August and September. Students ages 12 to 17 whose parents consent will take the test, which will ultimately be administered nationwide.

"We must join forces to have ... permanent review of pupils' health to detect any addiction and to act immediately, not to punish them but to help them," Calderon said during a visit to a poor neighborhood of Monterrey in northern Mexico.

About 5 percent of young Mexicans have tried illegal drugs at least once, a much lower number than in the United States, but narcotics use is on the rise, the United Nations says.

Mexican drug smugglers channel billions of dollars worth of South American cocaine and marijuana into the United States every year, but increasing amounts are staying in Mexico.

Mexican drug users bought $3 billion worth of cocaine last year, Mexican newspaper Reforma reported on Monday.
 
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Re: HGR - Harrington Group

True Kennas...there have been no figures mentioned. However, I believ the market is massive:


MONTERREY, Mexico, July 2 (Reuters) - Mexican students will take drug tests in schools as part of an effort to reduce narcotics use among young people, President Felipe Calderon said on Monday.

Calderon said 8,000 schools will take part in the first stage of the program when the school year begins in August and September. Students ages 12 to 17 whose parents consent will take the test, which will ultimately be administered nationwide.

"We must join forces to have ... permanent review of pupils' health to detect any addiction and to act immediately, not to punish them but to help them," Calderon said during a visit to a poor neighborhood of Monterrey in northern Mexico.

About 5 percent of young Mexicans have tried illegal drugs at least once, a much lower number than in the United States, but narcotics use is on the rise, the United Nations says.

Mexican drug smugglers channel billions of dollars worth of South American cocaine and marijuana into the United States every year, but increasing amounts are staying in Mexico.

Mexican drug users bought $3 billion worth of cocaine last year, Mexican newspaper Reforma reported on Monday.

I read somewhere 8 USD each in a box of 200. www.rapiddetect.com

Say there is aprox 1000 kids per school ... so 8000 USD / test whole school ... test 1 time a month ... 96000 USD per year per school ... 8000 schools ... aprox 750 mill dollars USD ... ie 927 mill AUD ...

aprox 500mill shares on issue .. thats $1.80 SP ... can someone check this ...

i could be vastly wrong ... :confused: but a crap load of cash non the less
 
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Re: HGR - Harrington Group

Stats Anyone...????

Massive Volumes Up, hence hold she holds up..

Is the news really that good....????

SevenFX
 

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Caliente

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Re: HGR - Harrington Group

Trading this only atm using 1m lot parcels. Its been an excellent day trading this one I must say.

I'm not holding overnight as I'm nervous about the DOW (one of the girlymen) but the story sounds ok.
 
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Re: HGR - Harrington Group

Looks like will be a strong close by the looks of it. I dont think the DOW and XAO movement correlates much with the SP here, I am in purely for the technical.
 

Sean K

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Re: HGR - Harrington Group

I'm still holding from 4.1 but not sure where to from here. Day traders jumped it I feel. Maybe an afternoon rally which somtimes occurs, but I'm not sure if this is a long term 'hold' stock?

You guys trading this or thinking it's got some substance?
 

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Ken

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Re: HGR - Harrington Group

Danger buying now i think.

Getting on for a few percent...

Chances are it is going to be dumped really hard.

How often do you see stocks have massive spikes and then get dumped?

How often do you stocks have massive spikes and go from $.1 cent to $1.00?

Odds are just day traders.
 
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Re: HGR - Harrington Group

Don't think it's been heavily dumped, just bit of a selloff, but it's sitting strong above 5.6c ATM.

Channeling a bit atm, so wait to see which way she breaks...???

You maybe right Kennas of afternoon rally, to retest highs of the day and then maybe bit above....??? before a deserved rest..

SevenFX
 

Ken

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Re: HGR - Harrington Group

It hasnt been dumped.

But at some point when the run stops and the volume slows the share price will drift lower.

And the risk far outweighs the possible gains.


It looks like the final legs of a brilliant run.

Memories of FNT going from 12 cents to 24.5 cents then back to 11 cents...
 
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