GOGO Gogo Inc

$GOGO Judge threw out damages in the patent case today but left in place infringement. Seems a positive to me. We shall see.

$GOGO Many years ago, gogo dropped to $1.50 and later went to $23. It has always had a good story, followed by little profits. As of today, the gogo story continues to appear positive. It's inconceivable to me that Starlink will eventually control everything. Europe won't allow Eutelsat to die. IMO, the next 3-6 months are crucial to find out for sure gogo's future. The tires and tread are excellent, but for some reason gogo has a hard time connecting them to the road.

$GOGO Major and meaningful fundamentally supportive news hitting the wire here that hasn’t even been considered to being baked in. Active penetration into UAV/S infrastructure which still remains the “elephant in the market” and delayed trade that’ll eventually get attention of the masses much like memory stocks and construction equipment to AI imo. Court ruling overturning the SmartSky damages and pushing out further litigation to mid/ late 2027, credit to our board court reporter Will be interesting how guidance gets revised on this latest ruling and the anticipated litigation expenses that’s been hampering the SP. Toss in the announced min $15 mil sovereign Govt customer which continues to suggest product superiority and foreign entities purposely avoiding “the other guy.” $SPCX having acquired Grain Mgmt portfolio of 14 MHz of low band spectrum for reported $8 bil values our 4 MHz allotment at approx $2.3 bil relative term alone. Price discovery on deck.

$GOGO we're sooo set to rip large soon here omg lol! Here kitty kitty kitty lol..the masses are going to care about this once again sooner than later imo...then proceed to chase as us few kick back enjoying the ride...to double digits or buyout?! Hmm 🤔 Bring the action! Glad to be here with the few who know wtfs up. GOGO!

$GOGO Ultimately Q3 is going to confirm or dispel all of this. I would be shocked if we get a nasty surprise given that GOGO is a main contract holder for Golden Dome (US national defense and UAV program), successful Boeing UAV test, major litigation win, and Q3 & Q4 being GOGO’s strongest quarters each year. The company also continues to pay down its loan interest (plus principal) and payout towards its Satcom Direct acquisition. It’s priced for bankruptcy despite being in 0 danger of it. Just wild!

$GOGO This is a fascinating company to me because it’s generationally mispriced, especially after its biggest headwind of the $22.7 million dollar judgement now gone. It’s being penalized for rolling out a mandatory upgrade across its systems (even though it’s being fully reimbursed for that!) and perhaps a “Starlink threat” - even though the CEO in Q1 said that they’ve seen 0 churn or lost customers from that.

$GOGO We’re back to 24 September prices which is positive. If we hold the $2.20s we’ll enter a big runup into earnings, especially with the catalyst of upgraded earnings numbers now that the $22.7 mil litigation overhang is gone.

$GOGO $GOGO $2.30 gap filled from June 11, 2020 fwiw. Don’t have margin calls to deal with down here while trading at historical lows. Good Days like today and at levels such as these is when you gotta close your eyes while plugging your nose and get on the bid. That was at least my strategy for the day and I’ll do the same tomorrow if the opportunity presents itself. Clearly, anyone selling down here is realizing the “L”. Both technicals and fundamentals become meaningless when “investors” can’t first learn to tame the psychologicals. Gotta learn to go against the herd.

$GOGO Well observed hammer on the day. I think the 13+ mil shares needing unwound will be buying back sooner than ever anticipated after today’s good news re court ruling. Let’s let them sleep on it tonight and see if any wake up with a bit of sense and decide to exit sell side starting tomorrow. A close anywhere north of $2.30 gives us a green close on the week. Only 6-7% from here and quite reasonable considering the damages and dark cloud this overturned judgement has brought about here and was what many short shares were betting on. Always to keep in mind…shorts win innings, longs win games.

$GOGO Delayed reaction from the market. Futures dropping to 400 points this morning on rising yields and oil prices is not helping. Trade your plan.

$GOGO I don’t see a BO happening any time soon for GOGO, these type of transactions take time, balance sheet and litigations need to be cleaned up before such a thing. However, these prices do provide a great entry. If the $2.07 rang needs to hold, we should see some movement upwards soon this month. A PR regarding a new contract would be helpful as market conditions are not the greatest.

$GOGO Elon Musk-led SpaceX's Starlink Faces New Military Connectivity Alternative as Boeing Drone Unit Tests Gogo Link

$GOGO Has great long-term potential however, from a current technical point of view it seems weak. Evening star??. trade your plan.