short candidate. Been on a down trend, IPO'd last november and has taken a crap. days with volume = selling pressure. Fundamentaly stock is still over valued. fear might be a takeover but i can't see that happen until it gets cheaper
actually he bought twice. once on 12/12 and then again on 12/16 for a total of 3 million dollars. 8 k out today after hours http://biz.yahoo.com/e/081224/gsat8-k.html and the stock is up to .23 in after hours trade
ceo spending that kind of money to me means good things on the horizen. closed today at 25 and we have a real nice set up. doji on new years to a hammer today which is my favorite set up for a good run. looking forward to monday
ceo spending that kind of money to me means good things on the horizen. closed today at 25 and we have a real nice set up. doji on new years to a hammer today which is my favorite set up for a good run. looking forward to monday
I found a news item on them on Google finance. Said they got a piece of a $375 million contract. I threw in a bid for 500 shares just for chits and giggles, I've never messed with stocks this cheap before.
This just came up on my screener. Looks like it's right at resistance. If it can break this might be another runner. Took a more gradual climb than the last spike, so keep a close eye on that resistance wall.