I am actually happy for today's dip. I was ticked off because I started watching gsat when it was .95 to $1 and thought it was going to be a good investment. Unfortunately, I started buying at the $1.20 mark, $1.30 mark and finally $1.44 before today. I sunk my last available funds in today at $1.29.
This is a risk, but from everything I have read, I think the FCC blessing is quite probable. Once that hurdle is passed, I think $3 at the least is a point of stability. At least I'm hoping.
GLTY