4600 shares @ 4.42

You'll do well. I have 3000 shares at lower avg but I'm still looking to buy more. 6$+ target.

This will be over $10 before years end. Easily.

goin down down .im down 1550.00 . gonna hold out for a while longer

This is an event driven stock right now. Not one based on earnings (they have none) and revenue. There hasn't been any news or headlines in a while. FCC approval may not come for another 3 months so it will be a long wait but I'm going to make sure I'm there for the results. Would hate to sell before then.

They seem to have strong and aggressive management. If all the cards fall into place this stock could go to $ 30 but that may take 4 or 5 years. Just depends who utilizes there technology and how long before the comp upgrades to something better

I'm taking a beating on this right now! Dangit!

Stay strong my friend. The daily swings are meaningless. FCC approval or bust!

Well we aren't helping them out any. We purchased 6 units from them for work and have already cancelled subscriptions on 2 and are probably fixing to drop the axe on the rest of them shortly. They were crap 5 years ago and they're still crap today. It's been so bad, G* isn't charging us because the units aren't working any better than they were in the past.

sorry guys..............I am the kiss of death to a stock...............I bought in a few weeks ago

Which units? 5 years ago that we're using the first generation sats. Now it's the new sats. What are the issues? Just curious. I only own the stock not any products.

All those SPOT, Sat-fi, and Sat phone products are really a small part of their revenue. This new TLPS proposal pending at the FCC will change this company's revenue stream exponentially.

:rotfl::rotfl:It's like me trying to buy a car to resell!:cry:

Making a nice rebound this morning!

Dangit!

i pulled out a few weeks ago. Saw this coming.

It wasn't just a drop in price. There was some shady probably illegal stuff going down today with a hedge fund. This price drop is nothing to do about the company itself. Everyone knows that the financials suck. They borrowed a billion dollars to get their new satellites into orbit.

Everyone who is long knows they are waiting for. That one single event to happen which is FCC Approval! Then deals with wireless providers will come and the money will start to flow into the bottom line.

Buy buy buy

yep, i saw the price steadily dropping, so i pulled out. Once the FCC approves, i will buy back in.

You will have to buy it back much higher than you sold if for today. That's the only problem with not buying and holding. Just have to ignore the daily fluctuations. But trust me it was tough to watch. At the low of the day I was down $6000 from yesterday.

If i had available cash that's exactly what I would be doing.