Mar. 28 at 1:33 PM
$CHR Sorry for the number of posts lots to discuss.
Interesting article on SHAH, he was big holder in UTSI tried to take it private, fell apart, and sold off in 2018/2019.
looking at the stock from the lows to highs it 4X from the bottom from
$6 to
$25 so long story.
Long manipulation game with usual suspects... Same trade patterns with Cheer Holding.
$UTSI UTstar SHAH was a big holder from 2013 to 2019
Shah had more success when he led an investor group that offered to buy Chinese telecommunications company UTStarcom Holdings in 2013 for
$125 million. The company sells cable TV and telecommunications services. Shah eventually owned more than 26% of UT Starcom’s shares, but after much effort, withdrew its bid to take the company private. Shares have declined nearly 80% over the past five years, but Shah got out in time.
https://businessnc.com/raleigh-investor-himanshu-shah-outperforms-the-market-by-targeting-complacent-management/
