Exchange: NASDAQ·Updated 07:54 PM EDT
GSAT logo

GSAT Globalstar Inc.

$82.30
$1.23
(1.47%)
Today
Closed $82.30
$0.10
(0.12%)
After Hours
EarningsNov 5
Mkt Cap$10.82B
Vol1.42M

About GSAT

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.
45

Neutral Sentiment

How do you feel about GSAT?

Bunnyhop_Capital
$GSAT any oGS AT this board anymore? Once this name is delisted, we should pick a long weekend to meet up in New Orleans, yeah? BTW, I still have a large grip of shares. I’m more than excited to be holding a healthy amount of AMZN into my 40s and beyond. I’m very confident that they’ll start paying a dividend in the next decade and we’ll be able to retire with that passive income to pad a comfortable lifestyle. I once posted “this is the last penny stock I’ll ever have to fcuk with” (when we were trading around 40 cents pre-split!) and I was right. Doesn’t mean I haven’t messed around with others! But I’m truly grateful for the outcome of this company- especially given the turmoil surrounding space stocks after SPCX came to town… 90 bucks next year or I’m gone! 🤑
14
OGHeidi
$GSAT Going to be quite interesting to see exactly what D2D capabilities the C3 constellation will have…
12
Bunnyhop_Capital
$GSAT I’d buy more if I weren’t already maxed out here 🤷‍♂️ Going down in sympathy with AMZN, obviously
8
OGHeidi
$GSAT As time progressed didn’t think the possibility was high that SpaceX would ultimately make a superior bid, but gosh, Elon really needs our Spectrum to make D2D ambitions possible. There were some quite interesting nuggets in their conference call and SEC filings yesterday. Can’t get there from here without the right spectrum and Global authorizations, and we got it! Still wondering if there is Paul Jacobs Peer to Peer patented device technology in the mix with the C3’s that enables complete indoor anywhere connectivity. 🧩📱🛰️
10
OGHeidi
$GSAT Smart people telling me 2nd Q 2027 close assuming operational milestones have been met. Today was a big day towards that. I’ll roll all at $90 assuming $281.
9
knonymous
$GSAT $AMZN The buyout is $90 per share for up to 40% of outstanding Globalstar shares, plus .321 shares of Amazon for each remaining share of Globalstar, presuming the per-share price of Amazon as calculated by some agreed-upon formula is about 280 or LESS on the agreed upon pre-closing date. It looks like right now Globalstar ($83.59) is trading at a slight premium above the "value" one might calculate using the current price of an Amazon share (about $246.20): (.4 x $90) + (.6 x ($246.20 x .321) = $83.42
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Jaxson25
$GSAT come on elon I dont care if u win the bid Just make a bid just to fuck amazon over
6
Bunnyhop_Capital
$GSAT man, I hope everyone’s doing well after having moved their money out of here! Pretty wild and kinda sad to see the performance of some stocks that the regulars were moving into… it’s not too late to get a guaranteed 8.5% return (in less than a year) by bringing your money back here! IRDM, GCTS, RKLB… I think I even saw someone selling to hop into ASTS 😳
4
Jaxson25
$GSAT i think we are fucked Elon not coming with a bid Amazon stupid 90 just pure fuckery
1
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knonymous
$GSAT $AMZN if Amazon share price is above about $280 the share conversion ratio .321 will go down proportionately, so that the value received for each Globalstar share is "capped" at $90.
1
flybyme
$GSAT ​$NRXP $NRXP $NRXP $NRXP $NRXP $NRXP$NRXP$NRXP$NRXP Take a look could Be a winner. 10 November possible FDA for KETAMIN PURE. Its the first mass produced ketmin totally without Benzethonium Chloride, also the pakaging protects contamination, it complies with strict tracking laws for controlled substances, also they can mass-produce. Sales Points excisting all over the US Analysts Price average $38.00 now $ 2.70 DO YOUR OWN DD DO YOUR OWN DD DO YOUR OWN DD DO YOUR OWN DD This is NOT INVESTING ADVICE.
1
WelcomeToTheCloud
$GSAT Biggest news in 6 months, FCC approves the sale of Globalstar to Amazon, yet no mention of this on Globalstar social media or website... hmmm 🤔 🤐🤐
1
flybyme
$GSAT How long until the Take over. Any thoughts musk might come with an offer, or is this all set. If so i could just sell now. Any thoughts?
1
Jaxson25
$GSAT chance that elon will make a superior offer over amazon are 0.00000000000000000000000000001 %
TopOptionAlert
$GSAT NOV20 85C · still actionable Zone: $81.94 to $83.10 Invalidation: close under $81.75 Objectives: $84.85, then $90 The math: up 2.8% to the first objective and 9.1% to the second, against 0.9% risk on the invalidation, about 10 to 1 to the second. Dear friend, picture a satellite phone company that just got the keys to a brand new network. The FCC signed off on Globalstar's third generation system about four days ago, the stock has been sitting right under its 52 week high at 84.85 ever since, and earnings land November 5. This is a swing into that print: you are risking a close back under 81.75, the floor this two week consolidation keeps bouncing off, to ride the breakout crowd to 85 and then the round 90. P.S. If 84.85 breaks on a close, that is the 52 week high falling, and breakouts like that rarely stop at the line.
TopOptionAlert
$GSAT NOV20 86C · still actionable Zone: $82.93 to $84.11 Invalidation: close under $81.40 Objectives: $88.50, then $93.50 The math: up 6.0% to the first objective and 11.9% to the second, against 2.5% risk on the invalidation, better than 4 to 1 to the second This is a swing setup in a name that has quietly held near its highs while the story got better. Globalstar just received authorization for its next satellite system in the United States, and the stock is sitting just under $84.85, the highest level of the past year. What that means is simple. Buyers have defended every dip into the low 80s, so a push through that high would leave very little recent selling above to slow it down. P.S. Watch $84.85 first. A close above it is the tell that this base is done resting.

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