1) UTSI - UTStarcom Inc.
2) News out of India and China recently indicate that UTSI is ready to recover. Strong insider buys in the last few months in the $8.50 range show good confidence, and IPTV is a hot sector overseas. This stock historically lays a flat line for stretches, then breaks. It's been flat for about 3 months now and is ready to break with more positive news. Good luck all.
3) Chart attached
2) News out of India and China recently indicate that UTSI is ready to recover. Strong insider buys in the last few months in the $8.50 range show good confidence, and IPTV is a hot sector overseas. This stock historically lays a flat line for stretches, then breaks. It's been flat for about 3 months now and is ready to break with more positive news. Good luck all.
3) Chart attached
