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Strategies & Market Trends : Dino's Bar & Grill

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To: Boolish who wrote (5699)3/12/2014 8:50:46 AM
From: Goose94Read Replies (3) of 202705
 
Malaysia tragedy has Flyht Aerospace Solutions (FLY-V) soaring. (who didn't know why FLY up, not you Boolish)

Flyht Aerospace Solutions has been on an upward trajectory for the last eight months. The Post's John Shmuel writes that the stock jumped 25 per cent on Monday following the disappearance of Malaysia Airlines Flight MH370. Flyht manufactures a system similar to the black boxes found on modern aircraft, but with the ability to stream flight data in real-time using a satellite network. Current black boxes have to be retrieved in order to examine onboard flight data. Flyht director Richard Hayden says, "Our system analyzes all the data on the aircraft continuously and has a set of rules that causes it to transmit data wirelessly when specific situations occur, such as position reports or if they plane takes a sudden nose dive." Flyht's stock has gained 43.5 per cent this year following a couple of new order announcements, but the disappearance of the Malaysia Airlines plane over the South China Sea on Saturday has really raised the company's profile. Salman Partners analyst Naser Iqbal rates the shares "speculative buy" in
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