Borqs Technologies, Inc. (NASDAQ:BRQS), (the "Company", or "Borqs"), a global leader in embedded software and products for the Internet of Things (IoT) industry, today announced that it has started the delivery of cellular CTA-2045 EcoPort products to SkyCentrics. These units are being used by utility companies in grid interactive water heater programs in the states of Colorado and California. Michigan is following suit and recently announced request for quotations to acquire similar products.
Can you explain to me why you are bullish on this company? I dont see it, they have been in steady decline since their IPO and in a highly competitive and rapidly evolving market.
All the buy ing from it's 2.00 run is there in accumulation. Undervalued market cap and is a 3 dollar stock. Company is based in three different countries and is selling it's product at a high profit. It's undervalued from it's IPO and the bleeding has stopped it's up from here.
10ks and 10Qs making a profit. Company is solid and undervalued. Up 11 percent today and I see another 30 percent to be made on uptrend.
