GSAT
 

This is a Louisiana company called Globalstar. Look it up and read the past few months press releases and what they are about Then read the release that came out today after market close. Mostly look up the FCC proposal they have waiting for approval. They are offering the government 20,000 access points with this approval. There is a big push to get all schools connected to the internet regardless of their access to the web. (rural areas) They spent a billion (with a "B") dollars to replace their satellite constellation in orbit while their competitors satellites are in need of replacement. Huge advantage.

Do you own due diligence, but I think this stock will be huge. I bought a few months ago at $1.00 and been adding as i can. Closed at $1.88 today.

Also if you're not into buying the stock, check out their SPOT products on their website. Great stuff for outdoorsman and even products to track your boat, 4wheeler, vehicles, etc if it gets stolen.

At $1.95 now.

crap!!! i almost picked this up last week!

It had a good run today. I actually don't want it to run up just yet. Need to accumulate more shares first. But the CEO is in New York speaking at a WiFi conference tomorrow. Lot's of Big Wigs there. It will probably continue a run next week in the wake of his comments about GSAT.

Bought another 100 shares this morning. Ain't much but, better than letting the money sit there and, do nothing, right?

It's steadily climbing this morning. Wish I had bought more of it!

It's still cheap compared to the potential it has. I'm about to sell my boat for extra funds. Lol

whats it at now?

$2.17

nice

$2.20

$2.26.

Didn't think it would run this much today. We still have 4th quarter results yet to come out. Which I hear will be good because they got a lot of new subscribers during that time.

Now 2.32. Rising every time I refresh my screen. Lol

Their FCC proposal is getting published into the Federal Registry tomorrow or Thursday. Should get another good bump. Then we wait on the 105 day public comment period to finish. If all goes well they can start leasing their wireless spectrum to the big boys. ATT, Verizon, Amazon, google, etc.. Billions in new revenue. I think this is going to be one of "those" stocks to brag about in a few years.

But I don't know much about stocks but I did stay at a holiday inn last night!

Well, it had a good jump but, it seems to be on the decline pretty heavy today.

No worries. They just applied this week to get relisted on the NASDAQ and NYSE. that's will create a whole new group of buyers which is what this stock needs.

GSAT up .11 today. Nice move.

The 4th quarter conference call is Monday after the markets close. We'll see what happens then.

Started to buy more this morning and now I wish I would have!

My philosophy - Don't worry about the pennies missed when there are dollars coming.

I bought more earlier at $2.51. I forgot to check price at the open.

What are your thoughts on it as of now. Been holding decent but, the 4th quarter statements didn't seem to move it much. I'm still holding and, well in the black, just not sure how much longer I'll hold em.

My thoughts are this is a long term hold. Not a quick flip. Everything balances on whether the FCC approves their proposal in June. Price won't move much till then. If approved this will be a first ever that a satellite company can provide broadband services to the general public. Other companies will want to lease that spectrum fom them. (Verizon, AT&T, Amazon, etc)That will be huge in terms of increases revenue. Stock price IMO would go to 10,20,30, who knows how high.

Id love to get on something like this... but that "IF" always holds me back.

Yeah me too usually. But their current business supports a 3-4 price even with no approval. Just not as much growth.

Well, by the way it's on the move UP right now, you'd think I sold it! LOL!

I didn't but, that's my typical luck! Up $.08 for the day right now.

GSAT is going to the New York Stock Exchange on Monday.

It dropped pretty good today. It dropped last week and, came back a little.

It will get a lot more exposure now that is not a penny stock on the OTC market. Funds will be able to start buying and analysts will start giving their options. I bought more today. It's all good!

It's bouncing back well. I put in for another 400 shares after close yesterday. Managed to get em picked up for $2.43. Looking good for them if my comprehension is correct in the articles I read about them!

Yes sir! Buying all I can and will hold long term. This thing could go 10X in my opinion in the next couple years or sooner. If all the rumors about Amazon working a deal with them and also possibly Google showing interest in their network, this thing could grow quickly. Imagine having your Amazon Kindle Fire tablet with you almost anywhere in the world and being able to access the internet! Satellite is going to be the best thing since WiFi. (If the FCC approves GSAT's request)

Good luck to those of you that may have bought. Today is the first day back on the New York stock exchange. Strong move already.

Pretty nice jump this morning!

Up 21% right now. Hope to see another boost this week.

The earnings conference call is Wednesday after market close. Hopefully it's all good news.

Just got my confirmation email. I bought 10500 shares at $2.84. This might be interesting. ;-)

Damn son! 😳 good luck. But I don't think we need it. 😎

:eek: Man, I thought I was rollin' with my thousand! LOL! Making money, regardless! I got lucky and, bought most of mine at $1.97 and, 1.99.

On a pretty good run today!

Good close to the day. Volume 5 times the daily average.

$3.78

Woop woop!

Still rolling!

Gonna break $4?

No stopping it now but a FCC rejection of their proposal. And I don't see that happening. I think after FCC does approve it, this thing will easily double this year.

I'm very pleased with how this one has played out for me thus far. I considered dumping it all(I'm up 70% as of today) to buy AAPL stock but, I think I'm gonna hold on to this one for a while and see how well it can do!

It closed at $3.98 today.

I wouldn't sell. Gotta let this play out.

I'm sitting longer on this one too

$4.24 today.

Still on the rise!

wish i would have listened

It's not too late to get it. Everything is hinging on the FCC approving the use of the spectrum they own, to be used as Wi-Fi spectrum. Once that happens this company will go from making millions a year to billions a year in revenue. They are currently loosing money yet the stock price keeps climbing. They will be deals being made with wireless and cable providers that will be huge revenue generators. This will double easily after FCC approval and then the sky is the limit for years down the road.

This is a pure speculation stock right now but once FCC approval happens it will eventually be a household name.