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Yeah, i saw that too. They don't know what they are talking about. IMO, hedge funds and other insiders are very much interested in satellites. Lets face it, its the wave of the future. I read that the other two global phone companies Iridium and Inmersat both went bankrupt also after the first two years. They are now returning nice profits and GSAT will be next.
That would be so nice! One thing that is visible is the volume on the 2 week chart, now that is impressive, with many consecutive days over 10million!
AWESOME!!
Good! Im ready for my dividends! Im hoping the commons will be at least $1.00 a quarter. I need some cash flow!
How do you post a video like that using a macbook? I can't figure it out :(
I don't think this is it. They are coming out with something new.
What exactly is Satfi?
I STRONGLY DISLIKE MOTLEY FOOL. THEY ARE IDIOTS!
GSAT is coming out with a new product soon. It will be a box that will transmit wireless internet connection in your home. Direct to satellite. No cable companies. Google is loaded so any play buy them would be nice.
Yes, it appears that we are seeing some institutional buys. We are beginning to see the fruits of being uplifted to NYSE! I will take .10 a day! .17 is even better. I like this stock better than my other one because it makes nice slow gains and does not loose half its value in a day. This company is for real and they are turning the corner toward profitability . I did not realize this but there was an interesting article about Google getting into the satellite business. The writer mentioned how costly it is to launch satellites and about how all three major sat/phone companies went bankrupt before they started to generate profits. We will be good.
Is this good?
LONG GSAT!!! Keep rollin!!!
I hate the motley fool.
Thats good for a strong $3.00 support! ( Even though when i bought at $2.65 they dropped it to $2.35 the next week) LONG ON GSAT!
It might not affect the price as much as we think. The bill is dead even if it passes committee, but day traders and short sellers may attack this if it passes. I would not be surprised if it does not pass.
Perhaps he should try the roulette wheel!
GOOD VOLUME! SETTIN UP FOR ANOTHER NICE RUN! HOPEFULLY THEY WONT GET THE BILL OUT OF THE SENATE COMMITTEE AND WE WILL RUN TO $10.00 AND NO SELL OFFS!
Totally agree! I believe we are witnessing this business turn around. This is the kind of stock you want to own long term. This we be a very nice long term stock to own IMO. Things are "turning around for GSAT!"
I don't have enough shares to even pay for the gas on that thing! But she is AWESOME!
Just went to a boat show and looked at some. The Pursuits are nice, but there are so many nice boats to choose from! I just want to pay off my house and be debt free!
I'M SO EXITED !!! IGNOR THE CROWD! THIS IS THE STOCK OF A LIFETIME! DON'T BE LEFT IN THE DUST CAUSE AS FAST AS THIS STOCK WENT DOWN AFTER DIVIDEND SWEEP, IT WILL COME BACK JUST AS FAST!!! WE ARE TALKING DOLLARS!!!! - Just thought i would do some pumping!!!
Me three. Finally got in at $2.65
How old r u? Might i ask. I love your input.
How can i determine the value of these common shares? Divide shares outstanding into the quarterly profit?
How do i figure out the value of these shares? Divide shares outstanding into first quarter revenue?
650.2 million / 20.5 million = $31.71???
Yeah, you really got to be strong and hold this stock. It will probably still go though a few more big dumps before we get the final release of Cship IMO. I hate the sell offs but it comes with the territory of this extremely liquid stock. You hate to give back a lot of profit in a sell off, but you can never get back in at $1.00 or $2.00. This thing has a great chart, as time moves on we keep trucking higher and higher!
Well spoken!
So why would the government not exercise there warrants? thanks.
I have already made my stance known to our Louisiana state rep. Ray Garafalo. through email. I need to contact David Vitter.
It seems possible. I think that when it rises it will rise fast. Like two weeks to a month. When it tanked in 2009 it went down fast. Thats why i see it coming back to a proper value fast, IMO.
WE ARE ALL GOING TO BE RICH!
Well it opened up around $3.95 this morning and stayed there all day. It will really get cranking again once the bill is done away with. Im hopping that what i have been reading is true. They are having a hard time getting democrats to see it their way. This bill might not even pass committee. Today was good for us. The longer they procrastinate the harder it will be to make any changes. Besides FNMA does not need any changes. They are now pricing risk accordingly with higher guarantee fees.
NO VOTE! Just as i suspected !
Thank you Zargis!
Tomorrows going to be a "NO VOTE".
Do you think we will go below $3.46 ? I don't know what to do. I would hate to get trapped again for a long period of time. I always like being "up". I agree with you on the chart and how its coiled for a pop. I like the triangle wedge its forming and i really hope it doesn't break to the downside. I appreciate your input Zargis. One day you will be out of the retail technology sector!
I have a structured settlement and i need cash now! Sell Fnma before it tanks! I want to hold this stock so bad, but it is too dam volatile . I really need some cash too so i might set up a sell stop to cut losses and get back in below 3 if possible. $2.50 would be nice for another entry point. I hate the game of this bill. This bill reeks havoc on the share price.
http://www.cornerstonetotalreturnfund.com/Data/Sites/4/media/2014-02-07-press-release---clm-crf-distr-for-3-mos.pdf
Be watching it closely for the next dividend declaration at the end of june. It could be higher. If they declare .09 then the stock price will go up and you will make money both ways.
Keep in mind the dividends have been going down so set up a sell stop at your purchase price or lower.This could make you loose a lot if you has 100,000 in it. When i got in this two years ago the dividends were .09 a month and the price was trading around 6.50 to 7 a share. If they come out and declare a lower dividend for the next three quarters the priced will likely drop to 5.00 to 5.50 but it will probably yield the same 17.5 % . Its all in scale. You will get the same return whether the stock sells for 6 and returns .08 cents a share to it is selling for $13.00 a share and paying a .12 dividend. Here are some past dividends ...
http://www.nasdaq.com/symbol/crf/dividend-history