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Globalstar
Posted on 9/1/23 at 10:21 am
Posted on 9/1/23 at 10:21 am
Louisiana based globalstar (gsat)has been rising like a rocket ship the past week. It’s up about 40% in the past 2 weeks from $1 to $1.40 per share.
The impetus for the jump seems to be the hiring XCOM Labs founder Paul Jacobs as its new CEO, and XCOM CTO Matt Grob as its new CTO.
I’m not clear on what these changes will mean but I’ve owned the shares for years waiting for something big. It’s been a painful hold. I paid $1.50 per.
Does anyone have some insight I got the benefit of the new leadership?
The impetus for the jump seems to be the hiring XCOM Labs founder Paul Jacobs as its new CEO, and XCOM CTO Matt Grob as its new CTO.
I’m not clear on what these changes will mean but I’ve owned the shares for years waiting for something big. It’s been a painful hold. I paid $1.50 per.
Does anyone have some insight I got the benefit of the new leadership?
7
Posted on 9/1/23 at 10:40 am to SlidellCajun
New CEO, new contract with Apple…they are probably about to move to Texas.
Posted on 9/5/23 at 12:25 am to SlidellCajun
I bought some of this based on this post. Let’s ride.
Posted on 9/5/23 at 7:19 am to Drizzt
quote:Same here.... lego
I bought some of this based on this post. Let’s ride.
Posted on 9/5/23 at 7:53 am to SlidellCajun
probably a scam
Posted on 9/5/23 at 9:46 am to dewster
Wouldn’t surprise me if Apple purchased them in 36-48 months.
Posted on 9/5/23 at 10:44 am to Pezzo
quote:
probably a scam
Whats a scam?
Posted on 9/5/23 at 3:02 pm to MrLSU
I was thinking that the change in leadership could be an indication that they are dressing things up for an eventual sale.
It’s not like they hired an unknown. Jacobs is a major player as Ex ceo of Qualcomm. He’s bringing a team of wireless scientists and engineers who are going to make globalstar relevant in day to day communication rather than just remote satellite service.
It’s not like they hired an unknown. Jacobs is a major player as Ex ceo of Qualcomm. He’s bringing a team of wireless scientists and engineers who are going to make globalstar relevant in day to day communication rather than just remote satellite service.
Posted on 9/7/23 at 2:08 pm to SlidellCajun
Posted on 12/26/23 at 8:50 am to Lightning
Up to 1.94 this morning, bought in at 1.48. Seems some insider purchasing of the stock has helped along with a 53% increase in total revenue for Q3 2023
Posted on 12/26/23 at 8:59 am to SlidellCajun
I didn't know gsat was still around. Bought some years ago when Cramer was pumping it only to watch it crash in 2017. Sold it then for a tax loss.
Posted on 12/26/23 at 9:27 am to SlidellCajun
They just built that new building in covington right before covid. I don't even know if they've fully moved in yet.
Somebody on here has to work for them.
Somebody on here has to work for them.
Posted on 12/27/23 at 7:51 am to Gotabyte
Got in on this also in the 1.40s after reading about it here. Too high to buy more now?
Posted on 12/27/23 at 1:39 pm to The Mick
I’m up 30% on this. Is this a cash out at 50% up situation or we riding this one to an early retirement?
Posted on 12/27/23 at 4:59 pm to Drizzt
I have to believe there is much more upside here. I’m talking x5 to 10.
The new leadership is opening some doors that they never had.
The apple partnership has some very interesting possibilities.
They could see their devices installed in a much wider array of products. Think vehicles and industrial usage.
They also present a very real take out target.
The new leadership is opening some doors that they never had.
The apple partnership has some very interesting possibilities.
They could see their devices installed in a much wider array of products. Think vehicles and industrial usage.
They also present a very real take out target.
Posted on 12/27/23 at 9:05 pm to SlidellCajun
I just bought over 10,000 shares. Thanks. 
Posted on 12/28/23 at 4:32 pm to SlidellCajun
Let’s ride
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