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.
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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.
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Feeling better now!
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hope it keeps going!
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Still has a long way to go
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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
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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
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Nice jump today!
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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.
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So buy more?
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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.
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Shaka laka!! |
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1 yr target est- 5.50
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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 |
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