Bearish
$I The market cap of this company is currently at ~$3.44B and this only after massive speculation took the stock from around $3 to where it is today all resting on the misguided case that the government is going to reward this rent seeking company with a windfall for spectrum it does not own. But let's suspend disbelief and say the windfall is coming, if you believe in efficient markets, then why wouldn't telecommunication companies not already have acquired Intelsat? 3.4B would be chump change for them.
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