Trading open

I'm gonna do that too at some point. Also with MDLNF.

Any reason why it is dropping like a rock now?

Shorts


There was a conference call today that was supposed to discuss future plans , I've been on a plane so I was unable to listen . Hopefully if goes up if some good stuff was discussed

On another note TRKK hit .06 today

The conference call is next Friday.

* correction Jan 6th

Ha just saw u posted this lol

What's the move on this? Has the FCC finalized I haven't seen any news on this..

Dropping to fill the gap @ 1.15 then will probably head back up.

They voted 5 to 0 in favor of it. But the company hasnt released any info on partners or future revenue, so the stock will linger until that happens.

I just saw that the hedge fund that made the stock crash in 2014 is going to put out another short thesis about GSAT tomorrow. Will be the same with lots of misinformation like last time causing people to sell. So expect it to drop before it goes up again.

If you're not already I suggest joining the Facebook page for the stock investors to stay on top of the day-to-day news. Search Globalstar Investors - GSAT

Thanks but I don't do Facebook. Will see what happens in the next few weeks.

I'm ready to buy some more if it falls to a buck.

I'm watching and waiting for sure

$1.62 as I type this. Meeting on Monday with investment banks JP Morgan and Morgan Stanley.

Starting to move

Odeon: DESK ANALYST VIEW

We just concluded a very positive meeting with GSAT management hosted by Odeon Capital.

Key takeaways:

1. The Company is in active discussions with strategic partners that include major Tech Co.’s and carriers including and not limited to: TMUS, S, VZ. T, CMCSA, CHTR. AMZN is testing GSAT spectrum; unclear for what purpose. Strategic partners are somewhat still constrained by the ongoing Broadcast auction which has been a limiting factor in discussions.

2. Importantly, GSAT’s spectrum is a global asset and while many tend to focus on just the US spectrum, International is the larger band. Several players understand the global nature of the spectrum which is what makes it very valuable.

3. GSAT plans to file for International approval in 10 countries by year end – currently filed petition in three countries and another one is expected by quarter end with coverage of 6.2M MHz-POPs. The goal is to get to 9.9B MHz-Pops globally.

4. No realistically achievable amount of new spectrum resource can currently service even the most conservative demand for mobile data requirements. GSAT’s spectrum is unique in its support of small cell deployment and it’s band holds physical, regulatory, and ecosystem qualities that distinguish it from other current and anticipated allocations.

Morgan Stanley:

Telecom Services: Globalstar Meetings Highlight Spectrum Optionality

Globalstar recently received FCC approval for terrestrial use of its 2.4 GHz spectrum. With no build-out requirements, this could be another option for carriers evaluating their spectrum position following the completion of the Broadcast Incentive auction.

Holders of 2.4 GHz spectrum. We recently met with Globalstar management and gained additional perspective on how their 2.4 GHz spectrum could fit into the rapidly changing wireless environment. The company appears keen to ?derisk? the business by partnering with somebody who can deploy the spectrum in their business in the US, and possibly internationally. In the near term, Broadcast auction anti-collusion rules limit conversations.

Newly approved spectrum has no build-out requirements. Globalstar received FCC approval to use its 11.5 MHz of 2.4 GHz S band spectrum for terrestrial purposes on Dec. 23, after scaling back a more ambitious proposal to combine this spectrum with unlicensed spectrum. We note there will be no terrestrial build-out requirements, allowing targeted use in dense urban areas. The company believes that this spectrum will be suitable for indoor and outdoor small cell deployments by carriers, cable companies or tech companies. Using the TD-LTE standard should shorten the deployment cycle to include the chipsets in transceivers and devices. The company has already filed applications for terrestrial authority in three other countries, with more to come initially targeting an additional 375M pops.

Their satellite license from the ITU covers some 194 countries, they also have spectrum holdings in the 1.6, 5 and 7 GHz bands. Separately, Globalstar continues to push forward with leveraging their new upgraded satellite constellation with new product launches in the pipeline.

The wireless industry can evaluate spectrum options after the auction ends. The company is open to a variety of solutions to ?derisk? the business including leasing the spectrum via a traditional lease or a prepaid lease. We believe the rapid growth in mobile data is creating demand for additional spectrum, with Verizon and T-Mobile potentially the most interested in adding to their spectrum portfolio. Globalstar is but one potential option for these companies, with Dish, Ligado and unlicensed spectrum also in the mix. Once the spectrum auction ends, we could see a flurry of strategic activity in the wireless space.

Everybody waiting on that earnings report Thursday?