Siyata Mobile IncSIM.VTOP PICKJul 26, 2017Stock price when the opinion was issued
As of Oct 19, 2020. Market Open.
It's very frustrating and a former pick of his. They make a device accepted by AT&T and Bell, which is impressive. But this hasn't excited investors. Wait. When SIM gets a purchase order, this stock will move. Revenues will be made.
(A Past Top Pick on July 26, 2017, Down 38%) They developed a hardware that goes into fleets. They just announced they added another carrier to their approved list. The stock appears to be recovering after a decline. They're six months behind where he thought they'd be. Has trimmed his holding. He'll wait and see before adding more.
This has a number of different technologies, mostly in the mobile communications area. The one that probably has the market most excited is the “push to talk” over cellular. They have this for fleets now, which allows users to broadcast to a number of different people all at once. As well, they are bringing in a number of different devices all into one at the same time. They’ve recently come into a deal with the US that is going to be really broadened out. (Analysts’ price target is $0.85.)