No not saying women are stupid at all. Quite the contrary. My mother was a successful executive in the 70's (pretty tall order back then). She had a great career and retired with a tidy sum but she was a disaster investing. As she would point out on lessons she learned... investing takes more than just intelligence, it requires a willingness to lose, a willingness to sometimes do the opposite of what logic tells you (contrary indicators) and perhaps most importantly not get caught up in details at every turn. In fact women (in her words) are too diligent and want to know every minute how their investments are doing.
My wife is much smarter than me in pretty much everything but she doesn't have the stomach for investing... it stresses her out. So I wasn't intending on bashing women here. Simply echoing what the two most important women in my life have articulated/done. So you can relax now.
no offense but rule number 1 for me is don't involve the wife in investing. I think the line in the movie boiler room is "Don't pitch the $%&^."
Be careful in your interpretation. Since those are new contracts (look at the open interest before the trade, they were either covered calls or naked call selling. True they were bought by person(s) but whether it's a covered call writer or a naked call seller, it is not a bullish bet that it will be over $5. FTR I am long GSAT since 2013 at $1.15 avg.
Sentiment: Strong Buy
Agreed. I also think there is a significant opportunity in medical product packaging which is often package real estate constrained from putting a traditional barcode. There are million$ lost every year because of failure of hospitals/clinics to capture product usage at the point of care because of the tempo needed in certain procedures/treatments and the lack of standard item identification and scanning methods. Some products have one barcode, some have several, and some have none. Big opportunity here but certainly reliant on the "network" effect to gain critical mass both in the retail space and the B2B environment.
For the record I am long DMRC. But, Stop and Shop in the Northeast has had iPhone enabled scanning and purchase of products (using traditional barcodes for at least 18 months now). So not really anything new. Not having a go at you just trying to add to the conversation.