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Huh. Lol. There is the best post of the day. Full of clarity, knowledge, and credibility.. Please stay posting as we run 700%, like some of the other spectrum companies around.
Did you see straightpath this morning? I see GSAT getting a buyout price of $7/sh no problem now. Straight path is up 600% is 3 months.
How about today?? Will we get an update today about the stock price??
No update today?? FYI we are at $1.78 up from $1.56 yesterday!!!
Low volume drop... Short sellers.. 115 million Shorts and counting.. More than the available shares on the market.
Insiders 589 million
Insitutions 302 million
Total shares 990 million
Total market shares 99 million
Shorts 115 million!!!
What will they do when we get good news??? Easy climb to $5/sh.
Filled my order!!! Ready to ride the wave tomorrow. See you all on the CC. I'll be listening.
Huh!!! Lol... We are still in an upward trend.. 45 million short positions were opened in the range of $1.10 to $1.65 in January 2017.. Oh the pain!!! GO GSAT!!! Lol...
Still higher than .82 cents!!! Remember those days.
Overhyped!! Will settle back down to $16/an until something is leaked. This stock is being pumped in stocktwits mess. Board
I would believe Maglan Capital. They would have a good idea of what is going on, and no reason to mislead people. In the past when they called a rise in short interest(Jan 2017), the numbers posted 2 weeks later coincided with his information.
Shorts are hooped on this stock, they can't cover it no one is willing to selling, so they sell some more!!
Maglan Capital just released today that it is at 99 million.. Shorts are digging themselves a hole!!!
It's around 80 million
It is more than a rumor. I believe he met with Jay in regards to Thermo, and then went to Louisiana to meet with the board of Globalstar. Our time is near!!
I need one more week. Just transferred 5k to trading account, waiting for it to clear.
Wow!! This stock has doubled in one year!!! Thanks for sharing...
I sold 2000 shares at 1.80 to exercise my 1.50 options. Today is nothing more than options expiring and people selling to exercise. I have 1.50 and 2 options for July and next Jan.
GSAT is up 125% in less than six months!!!! Yes, less than six months..
Just like clock work... For the record $1.89 is $1.05 more than $0.84, and also a 125% profit.
It was a good day. 10% gain.
Here I thought we wouldn't hit two dollars till tomorrow, it is coming up fast...
Kerrisdale where are you.. Lol. This is going to be a wonderful month end!
These never get OLD!!!
Tueday we will be at $2.00
I don't think Jay would sell, I do think that what we have here will compliment other service providers in a way that will give us an advantage of other companies. Satellite communication is the future. Everyone will be using satellite phones in another 20 years. Jay knows this, and when that is the case he will be worth 20x what he is worth today. He is going after what others are ignoring. GSAT is a long term play.
I can't say. Last time I heard good things like this though share volume dropped off and then we went up 40%. I heard on Dec. 2nd, it was approved on Dec 23.
I remember when GSAT was at $1.36... Those were the days!!! $1.75 today, glad I didn't sell.
Thank you for your insight.. What do you base your calculation off of??? Where did you come up with this number?? How does this reflect against the recent buyout of straightpath?
What do you think Kerrisdale is worth today??? Lol.
Did you hear that Australia is confident that GSAT will be approved in less than 2 weeks there.
Bar of luck to you, go look at the filing.
If it was Sprint we would get one share of Sprint for every share of GSAT. If it was Verizon we would get one share for every five shares of GSAT. We all the hype around Amazon and Google I think they will be the one who bid to takeover GSAT. GSAT is worth $7.50 per share on a but out. It will happen very soon, 60 days or less. Kerrisdale will be worth ZERO, after this is all over!!!
VZ= 5 to 1 est.
Sprint= 1 to 1 est.
Imho based off of a fair value estimate of GSAT with international approval, which should be happening next month.
I would take 3.5 tomorrow morning... I need something to brighten my day.
Must have something to do with the Google confidential treatment order. And the renewal of testing contract.. Big things coming!!
This post makes this stock very desirable... Clearly been on the risesince 2014, what more could you ask for.
I agree. The next big thing is Globalstar.
8 billion buyout would be a drop in a hat for them. It would also wipe Kerrisdale completely off the map!! I would enjoy watching Sahm go to jail broke..
I believe they are fully out of cash to cover this.
After what just happened with STRP. My best guess is no. Especially considering how many people have pulled their money out of his fund. He's manning a sinking ship!
Wow. I would die of a stroke!!! I own 22,000 shares!!!
I think this morning's pop was a Kerrisdale margin call. When we go over $2 Kerrisdale will not have a choice but to cover, if they're not bankrupt already!!
We need a partner!!!
I'm sorry to hear this. I own other stocks, when this moves it doesn't even change my account.