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Louisiana Penny Stock (GSAT) Globalstar

Posted on 1/19/21 at 7:19 pm
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
6602 posts
Posted on 1/19/21 at 7:19 pm
SIAP,

Anyone have any thoughts on Globalstar? Motley Fool

It's just under a buck and based in Covington and has been steadily rising the past few months. Just want to know if this is expected to get some good bumps this year.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80779 posts
Posted on 1/19/21 at 7:26 pm to
I know many scholars who have worked/currently work there. Run away!
Posted by Guido Merkens
Member since Mar 2006
4346 posts
Posted on 1/19/21 at 10:47 pm to
They make their own handsets and they fall apart and make the early 90’s flip phones look like Modern Marvels.

No internet, just phone calls and maybe text on their satellite phones.
Posted by lighter345
Member since Jan 2009
11864 posts
Posted on 1/20/21 at 1:15 pm to
Pumping up about 30% since this post.
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
6602 posts
Posted on 1/20/21 at 3:08 pm to
Yeah, this might be a good hold.
Posted by p0845330
Member since Aug 2013
5700 posts
Posted on 1/20/21 at 6:41 pm to
quote:

Louisiana Penny Stock


quote:

Louisiana


Hard pass
Posted by ODP
Conroe
Member since Oct 2015
1938 posts
Posted on 2/9/21 at 2:13 pm to
up 55% today!
Posted by 3PieceSpicy
Metairie
Member since Jan 2021
6249 posts
Posted on 2/9/21 at 2:24 pm to
Just saw this pumping and was mad I didn’t hop in with at least a small amount when you posted. It’s been killing it. Apparently they have some kind of deal set up with Qualcomm. Not bad!
This post was edited on 2/9/21 at 2:25 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80779 posts
Posted on 2/9/21 at 2:28 pm to
quote:

I know many scholars who have worked/currently work there. Run away!

Those scholars I referenced are having quite the day!
Posted by Odinson
Asgard
Member since Apr 2014
2755 posts
Posted on 2/9/21 at 2:30 pm to
Wth? This entire board has become the penny stock board.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 2/9/21 at 2:41 pm to
quote:

Wth? This entire board has become the money making board.

Posted by High C
viewing the fall....
Member since Nov 2012
53807 posts
Posted on 2/9/21 at 2:42 pm to
quote:

Apparently they have some kind of deal set up with Qualcomm


Nokia, too, I believe.
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 2/9/21 at 2:45 pm to
There's been some interesting call buying today in GSAT. In the morning, someone purchased almost 20,000 July 4 calls for 20¢ with the stock at 1.59.

With a little over half an hour to go, someone (is it the same person?) went shorter term buying March 3 calls for 30¢-45¢ with the stock 60¢ than where it was in the morning.

The GSAT July 4 calls are now trading for bid 35¢ ask 45¢ with last trade 44¢ and volume exploding to 155K. The GSAT March 3 calls have volume of 47K and bid/ask 40¢/45¢
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 2/9/21 at 2:52 pm to
quote:

Nokia, too, I believe.


3PieceSpicy is correct, I see a story that QCOM to include GSAT's band N53 in its new 5G x65. The X65 is QCOM's flashship 5G modem.

I don't see anything about NOK in that news blurb for today.
Posted by LSU>USC
Campus
Member since May 2004
327 posts
Posted on 2/10/21 at 7:20 am to
Hitting $2.70 PM. Those calls are going to print.
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