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TMCNet:  Shares of LORL Up 29.9% Since Uptrend Call on Shares

[November 29, 2012]

Shares of LORL Up 29.9% Since Uptrend Call on Shares

Nov 29, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Loral Space & Communications (NASDAQ:LORL) on June 27th, 2012 at $65.14. In approximately 5 months, Loral Space & Communications has returned 29.86% as of today's recent price of $84.59.

In the past 52 weeks, Loral Space & Communications share prices have been bracketed by a low of $56.49 and a high of $85.60 and are now at $84.06, 49% above that low price. The 200-day and 50-day moving averages have moved 0.17% higher and 0.43% higher over the past week, respectively.

Loral Space & Communications Inc. is a satellite communications company. The Company owns and operates a fleet of telecommunications satellites, manage a global network that integrates our satellites with terrestrial facilities, and have the rights to numerous orbital slots.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Loral Space & Communications shares.Log in and add Loral Space & Communications (LORL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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