Seems like 'bag o tricks' FUD spreading to me. Take shots at Boeing and Intelsat at the same time.
Just take a look at how many investment firms have high dollar stakes here and they are mostly bought in way above $6.00, so they aren't letting go. This is a very low float stock at this point.
Plus, the powers that be can pull the trigger any time on boosting the image of Intelsat. To take a swipe at Boeing at the same time is telling to me, because anyone who would read this article and say 'wow, boeing is going to go bankrupt because of this' should read a little deeper.
For all the bad news about Boeing presently (they really did screw up) , we will be hearing trumpets and praises the minute the pigs have their fill of shares.
The world of markets are a sham and c-band alliance has proven beyond a doubt that a. the sat operators get paid or b. 5g doesn't happen in the mid-spectrum. Cut the C- bonds from Intelsat and the books don't look all that bad anymore. Would get a credit upgrade and everything.
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