Ian Ainsworth
Sierra Wireless (US)
SWIR-Q
COMMENT
Feb 04, 2013
Been under pressure. Sold off their AirCard business, which probably makes people extremely happy, because it was a business that would drag down their cash flow/earnings.
Chart shows a base was formed in 2011-2012 followed by a breakout. Failed the breakout but then based again followed by a very nice upward movement. It is now basing again and seems to be breaking out. Consider using a Stop at around $12.50 or so.
Been under pressure. Sold off their AirCard business, which probably makes people extremely happy, because it was a business that would drag down their cash flow/earnings.