Finally got my $ back on this one. Thinking real hard about dumping it all while I'm ahead but, I'll give it till midweek to see if it's gonna rebound or, stay stagnant.

The price drop was a sham by a Hedge Fund shorting the stock and making false claims about the company. GSAT responded to the allegations with tons of information. To much to go into on here. Nothing has changed. It's all still an FCC decision we are waiting on.

Feeling better now!

hope it keeps going!

Still has a long way to go

Sure wish I had dumped this when it was over $4!

They're not even releasing any new updates or news on it that I can see after Jan 14. To me(correct me if I'm wrong), that's not a great sign.

ive lost so much money with this lol f o o k me

Hold Tight!!! There was a big meeting last week at the FCC. This is the biggest meeting so far, with a large number of attendees. With lots of legal counsel from GSAT and others in the internet and WIFI arena's. I keep up with this and I'm not worried about share price. It's just due to no news.


This news about the meeting just came out today!



Attendees – February 5, 2015 Meeting on FCC IB Docket 13-213
Wi Fi Alliance
Rich Kennedy
Greg Ennis (by phone) Russell H. Fox (counsel)
Globalstar
Barbee Ponder
John Dooley (Jarvinian Ventures)
Dennis Roberson (Roberson and Associates) Ken Zdunek (Roberson and Associates) Mike Needham (Roberson and Associates) Steve Berman (counsel)
Regina M. Keeney (counsel)
National Cable and Telecommunications Association
Rob Alderfer (CableLabs) Bernie McKibben (CableLabs) Paul R. Margie (counsel)
Wireless Internet Service Providers Association
Alex Phillips
Jack Unger (by phone)
Stephen E. Coran (counsel, by phone)
Bluetooth Special Interest Group
Mark Powell Jimmy Salame
FCC Staff
Office of Engineering and Technology
Julius Knapp Ronald Repasi Bruce Romano Geraldine Matise Paul Murray Mark Settle Rashmi Doshi Walter Johnston Karen Rackley Patrick Forster
International Bureau
Troy Tanner
Jose Albuquerque Karl Kensinger Chip Fleming Sankar Persaud

thanks for the update!!! Im hanging in there

Nice jump today!

There was a demonstration that's been taking place at the FCC since last week. Tomorrow is the last day. this week will be interesting.

So buy more?

Well, wouldn't want to tell anyone yes or no. But I've done the research and if I had some free money I would still be buying. My cost average is still higher at $3.75 because I was still buying at higher prices before that hedge fund played their games with the stock. I wish I would have sold and bought back cheaper. Could of doubled my share count but I'm to chicken to play with my money like that too much. LOL

I got in at 1.88. So I'm comfortable with my returns already just trying to be greedy.

http://www.bloomberg.com/news/articl...ays?cmpid=yhoo




Boom

Shaka laka!!

I wish I had a few $ laying around to put in to this one more. I started to dump some others this morning to buy in but, they jumped 8% at the opening bell so, I'll stay for now.

1 yr target est- 5.50

That target has been the same since last summer. Before all the latest developments. More analysts will start covering this stock and we should start seeing increases to that target number.

Look at the big name funds who have been buying this stock. And most funds won't buy stocks under $5 from what I've read. Once we get there, look out. IMO


Name Ownership Trend
Previous 8 Qtrs Shares Change % Total
Shares Held % Total
Assets Date
Columbia Acorn Z Premium 31,000,000 0 3.11 0.52 01/31/2015
Vanguard Small Cap Index Premium 6,086,416 98,876 0.61 0.03 01/31/2015
iShares US Telecommunications Premium 4,638,810 41,052 0.56 2.88 03/11/2015
Vanguard Total Stock Mkt Idx Premium 6,029,994 0 0.60 0 01/31/2015
Vanguard Telecommunication Services ETF Premium 5,486,006 396,970 0.55 1.49 01/31/2015
Vanguard Small Cap Growth Index Inv Premium 3,972,063 40,125 0.40 0.06 01/31/2015
Fidelity® Select Telecommunications Port Premium 2,760,500 -120,300 0.28 1.89 01/31/2015
iShares Russell 2000 Value Premium 1,970,298 0 0.24 0.10 03/11/2015
Vanguard Extended Market Idx Inv Premium 2,396,984 34,615 0.24 0.01 01/31/2015
Columbia Select Smaller-Cap Value A Premium 2,300,000 0 0.23 1.21 01/31/2015
Total: Top 10 funds Premium 66,641,071 491,338 6.82

$3.54

Just opted out at $3.09. I'll wait and see how low it dips and, maybe get back in.

Still came out with 35%.

fcc meeting coming up on the 17th ....

thanks for the update. any good news and the prices will climb again.

The fcc already posted the meeting agenda and global star was not in it. But it doesn't have to be necessarily. Also they can voted on it at any time and not just during the regular meetings.

Any updates on this one? trying to decide if i should dump it or hold on

It's still a one event stock. The FCC decision will make it or break it. The CEO did say on the last conference call though, "The third quarter will have some things develop that will be interesting to shareholders".

I'm holding till something happens one way or another. I'm in for 5000 shares. I'd like it to hurry up though so I can take profits and buy some of that LNGLF.

I've already lost my balls on it ... Holding out

yea, im down half of my initial investment. may just hold and hope

I'm out......sold today

Whoever is in this get ready! The FCC just announced a decision is forthcoming. Trading was just halted earlier after a quick run up in price.

Trading has resumed.

I've been buying up oil stocks lately but want to start getting a little more diverse. Looks like GSAT made a good jump today. May buy some Monday.

Better hurry. It hit $3.30 in after hours trading. If the pre-market on Monday is busy. I expect the price to gap up at the opening bell.

Yeah, saw that. How high are you expecting it to go?

Who knows. But there are over 60 million shares shorted in this stock so they will have to cover those shorts and buy back shares. Will make it pop a bit. $4 should come easily.

Yeah, that's the billion dollar question I guess. Thanks for the heads up, I'm going to try and scoop up a few shares Monday.

Need this $hit to get back over 4$
Grow baby Grow

That'll be easy. Watch it close on Monday if you're looking to sell.

GSAT
 

What y'all thoughts so far on this monday
Have a small play in it
Thought I saw a very large sell at 3.00 pop up a little bit ago

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I got in at 2.80 this morning. I hope it pops quick!!

Not moving much this morning.

This isn't going to move till the fcc rules...

Down 25% at opening this morning. Yikes! One FCC member voted against. Glad I dumped at 2.20

down 45% now.... Glad i didn't buy in the other day.

make that 59% now. :(

2 out of the 5 members have now revealed that they voted against the proposal. It's not looking good for those of us still invested...

Glad I dumped it at 2.66 !! Lost a little over $100

This is not fun to watch guys


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It's always been thought that it would be a 3-2 vote in favor of the ruling. But still makes me nervous. I'm down $6000.00 right at about 60%.