Chart of the Day - Globalstar (GSAT)

The Chart of the Day is Globalstar (GSAT). Since the Trend Spotter signaled a buy on 4/22 the stock gained 21.09%.

GSAT INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. GSAT products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from GSAT with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. GSAT data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.

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