Getting close to getting greener

Maybe so, but the market in general took a big hit today.

I know, so that's even better. Says a lot hopefully.

Nice move today!

Hopefully it keeps going in that direction!


What about STRP!!! Holy shiot!

Yeah I know. There's a new secret bidder in the STRP buyout. Hopefully that will be us in the future!

Definitely interesting!

$2.04 is of this post. Who's still in it? I'll sell at $10!!

End of day Thursday is when the gag order imposed by the FCC expires and telecom companies can start talking publicly about mergers and acquisition's and deals that are in the works. If Globalstar is part of that then we are golden!

I'm still in heavy

https://uploads.tapatalk-cdn.com/201...eb3074cca9.gif


Sent from my iPhone using Tapatalk

Whats a reasonable long term sell point and what is your stop buying point for GSAT.
waiting for some $$ to shake loose in the next 2 - 3 weeks and looking to Buy

I'm looking at $8-10 range will come when partnerships or maybe even buyouts announced. By years end hopefully.

Anything under $2 is a good buy. I bought all the way up when it was over $4 at one point 3 years ago. Been able to average down to 1.80. And I would still be buying if I wasn't out of money!!!

It spiked earlier to $2.40. Here's why.....



Globalstar Said to Work With Advisers to Explore Potential Sale
Company won FCC approval for wireless spectrum use last year
Sale would follow Verizon?s $3.1 billion Straight Path deal
By Alex Sherman

(Bloomberg) -- Globalstar Inc., which won U.S. approval to use its satellite airwaves for mobile broadband service, is working with financial advisers on a potential sale, people familiar with the matter said.

The company, which has a market value of about $2.1 billion, could attract interest from major wireless and cable companies, one of the people said, asking not to be identified as the details aren?t public. Deliberations are at an early stage and there is no certainty a deal will be reached, the people said. Chief Executive Jay Monroe III said in an interview in January that he would probably lease his spectrum, adding that the company ?is considering all strategic options.?

Globalstar owns LTE wireless spectrum that can work with existing chips inside smartphones and wireless carriers, Monroe III said at the time. The airwaves aren?t the same as the swath that Verizon Communications Inc. agreed to buy Thursday from Straight Path Communications Inc. for $3.1 billion.

Representatives for Covington, Louisiana-based Globalstar didn?t respond to requests for comment.

Shares of Monroe?s Globalstar Inc. are up 11 percent since the U.S. Federal Communications Commission in December gave the company permission to use its satellite airwaves for mobile broadband services, which can attract more than a niche base of customers with satellite phones.
The bidding war for Straight Path also pumped Globalstar shares, as investors predicted the value of the company?s spectrum licenses will keep climbing. But the two companies? airwaves aren?t created equal.

Straight Path owns high-frequency spectrum in the 28 gigahertz and 39 gigahertz bands, within the range above 24 gigahertz approved for 5G use by the FCC. Globalstar?s airwaves are much lower, at 2.4 gigahertz, and it only owns about 11.5 megahertz.

Wireless carriers, Globalstar?s potential buyers, have estimated they will need channels at least 60 megahertz wide to meet the requirements for the next generation of high-speed mobile phone networks.

Y'all heard any rumors of apple buyout for use with there project titan?

Not specifically but there are a lot of rumors flying around.



Odeon - GSAT: The big question who could buy them?

1. Alphabet, Microsoft, Facebook, Amazon, T, VZ. Cable Co.?s such as CMCSA, CHTR & Altice are possibly amongst the Co.?s that could be interested.

2. The point is that a number of Companies are evaluating applications in wireless and yet there are only a few players with clean spectrum.

3. No realistic 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.

4. GSAT is a strategic asset with its TD LTE spectrum which is the most flexible spectrum band with no pairing mandate (unlike AWS3)

5, GSAT has been absent from M&A conversation in the past due to pending approval from the FCC & the Broadcast auction ? Now neither is an issue.

6. Short Interest: With a 20% short Interest. (higher if you adjust for the CEO?s full ownership) ? The squeeze could be painful!

Get ready

Let's squeeze the shorts till they pop

Wonder if Apple could find the funds? ;)

Lol you knew what I meant

But she confirmed rumors 😂

They would have to step up big because there will be several big players bidding for them. Hopefully they pay Way above value just to keep it out of the hands of their competitors. Just my opinion.

I agree I just thought it was funny to ask and see what she said. I honestly didn't expect a response to that question and In my opinion I think att will be on the smaller side of the bid (out bid) as we have The big guys going to bid it out Amazon, Microsoft, Google etc but none the less a bidding war is perfect!

So many factors in this but I'm curious where Inmarsat is going to sit in this if they were going to partner?

Looks like i'm 10 days to late. Money won't clear to transfer till the 22nd.

I doubt it GSAT is a tortoise in the market even with this rumor it will go up but there's still a lot of shorts to bring it down imo add more to your position.

It's rare that I look forward to Mondays. But I'm ready for the market to open. Would love a confirmation from the company on the buyout rumors being real. That will be a big pop!

That would be great! But I'm not expecting anything early in the day maybe even AH

I put in an order toaday for $2 but it didn't quite get that low. Maybe tomorrow.

It's tough to find an entry point with the volatility in price. But if you believe in the future price of 8-$10 as I do, then don't let .20 cents stop your buy in. Or you gonna be kicking yourself later! I've been there before.

I set a buy at the open at $2 and forgot about it to be honest. I remembered at 3:05 and checked to see if it had bought but no luck.

I think 1.90ish is our bottom support right now maybe we'll see it tomorrow grab some more pie ;)

If we go a while without any more rumors then we will likely fall back below 2.00. But I hope the rumor mill continues to churn out new excitement in the company and continue a northern trajectory.

Nice and steady rise today. I like when the chart looks like that! Means the shorts aren't manipulating today for some reason!

Made a nice move today

Did make a nice move and after reading the post on fb of meeting where they confirmed it I am just waiting for any news to pop out to really get this price to take a new floor.

Bear days are boring...

This stock is a day traders dream!

Yea that and NAK ...be glad when they we get news my two big plays only good thing about shorts is they give us time to accumulate

Goldman Sach's reported today they increased their share count 500 %. https://uploads.tapatalk-cdn.com/201...df7b3a5446.jpg


Sent from my iPhone using Tapatalk

Did y'all see Rex Energy(REXX)??? They jumped from .41 cents to over $4.50!!!

It was a reverse split. Not good!!

ooooo ok

Gsat
 

Finally got my transfer this afternoon and Placed an order to buy on open.
will the price be what it was when i placed the order or opening price for Monday ???

It will be whatever the price is on Monday. It's better to put a "limit " order. Then you can name your price.

Looks like i should have waited one more day. Down .06 from todays open.

It's going to keep bleeding down until we get some news but big buys from Goldman Sachs is a good key indicator that good things to come generally

What price where you able to get in eman?

I got in at the apex $2.33

here is an interesting read that may make Tuesday open real interesting.
ttps://www.thestreet.com/story/14152641/1/globalstar-could-draw-fang-stocks.html

Debt reconstruction has passed and still no news. In this case i hope no news is good news.

We should see a filing this week by the company. I'm hoping no dept payment was made and was allowed to be deferred. That would mean buyout talks are getting pretty deep.

stock sold to defer debt. slight dilution. If you read through the paperwork the dates make it seem like they are counting on something happening well before the next debt payment.