GlobalStar (GSAT)

The Chart of the Day belongs to GlobalStar (GSAT).  I fond the stock by sorting the New High list for new high frequency in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled another buy on 4/22 the stock has gained 59.27%.

GSAT offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. GSAT's 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's data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.

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