Iridium Communications Inc. (IRDM)

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I have no idea. We had a short lived reversal to the downward trend in November. The uptrend today appears to be a bounce from an established bottom. It seems that there is a substantial number of investors that consider current prices an entry point. We will not know if the market is starting to change its perception of the company until some time next month and if and only if the price moves clearly above six dollars. Today's move may be due to some bits of information that have filtered out, but we have no access to that information.

Many years ago I worked for one company that all of the sudden went into an upswing. As it turned out, we, the employees, were aware of certain internals, and without knowing any of the details, due to the level of activity, et cetera, we could tell that something was going right. Next things the stock price was going up as we, our friends and relatives started buying, and then friends or friends, et cetera. By the time the news came out, the stock had gone way up high. Hopefully, today's price movement is a sign of the same.