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February 26, 2007 Stock Pick: Hurray! Holding Co. Ltd. (HRAY)

Stock Price: $6.35

Hurray! Holding Co. Ltd. is a provider of music and music-related products such as ringtones, ringbacktones, and truetones to mobile users in China. The company is also involved in music production through its majority controlled record labels Huayi Brothers Music and Hurray! Freeland Music.

HRAY has moved higher six out of the last seven days. HRAY is rapidly becoming recognized by the investment community.

Fourth quarter earnings are due out after the close on March 7, 2007. We expect the company's financial growth to continue.

HRAY just crossed over both the 50-day and 200-day moving average. HRAY is in a bullish pattern at this time.

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