Replies to post #6810 on Globalstar Inc (GSAT)

[JPRMarketing]

Agreed

[Notintheface]

$20 would be great but I'm trying to stay a little grounded. I think $20 could happen after partnerships are announced. If this thing even hits $10 post approval I'm selling half and buying back when the price settles down.

[Pennystomper]

I've settled on somewhere between 9 and 12, realistically I feel this is where we will end up. I base this on past highs, and the percentage amount increase that prior news has had on the stock, with the now over abundance of shorted shares. This stock has been marked with a $6 price target, and this is without the thought of shorts, and the fact that over the last six months many people and institutions have been increasing their position with GSAT.