Replies to post #4590 on Globalstar Inc (GSAT)

[Pennystomper]

At these prices, I could imagine they would be losing sleep waiting to buy.... If you look at the FCC information regarding the gsat approval, there is way more positive information to support the approval than negative. They will be buying, anything under $4 is 100% profit.. Plus the satisfaction of putting kerrisdale in his place... FCC approval is imminent

[rattlewatch]

Anything is possible as you're pointing out. However personally can not think of any other reason for the company to hurry its' Sec filings by 8 days.

Perhaps they act as backstop, buying at a certain pps or lower effectively creating a floor. Just the mention of this would encourage the other holders to purchase up to that floor without the need for them to buy any, imo. Just some thoughts.