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Globalstar Inc. Message Board

bsmithflex 20 posts  |  Last Activity: Sep 9, 2014 2:05 PM Member since: Jun 27, 2010
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  • bsmithflex bsmithflex Sep 9, 2014 2:05 PM Flag

    Hi all, I'm been long GSAT (3 years) and very patient with this beautiful stock. This is the longest I've held any stock in over 20 years of investing because I realize the tremendous, obvious potential and necessity of it's services. Logically this should be a no-brainer but again we are dealing with a government agency (politics, back-scratching, corruption and most common just stupidity).

    Regarding "Sats" comment above and the 2 GSAT presentations this month; if I'm not mistaken Jay mentioned in the past 2 conference calls they have been "in talks" with different sectors and on this last CC specifically mentioned telecommunications and ISP-providers. I would have thought that GSAT had already done their marketing and would now be in deep talks with potential partners as they/we wait for FCC approval; so why would they be marketing in this late stage of the game? Possibly trying to bring more players to the table? If you look at my previous posts, I've been a little too optimistic on the timing of approval and bring up concerns everyone now and then.
    1. I'm all in with GSAT, either gonna right this sucker up with approval or ride it down
    2. Somewhat concerned of GSAT "late marketing/presentations"; thought they would have been in serious talks with potential partners at this stage of the game. Any intelligent thoughts regarding this?
    3. I brought this up last week and "Lake" gave a decent answer. Somewhat confused why IRDM (which blows in so many ways and has to come up with billions of dollars and won't have all their birds in the sky and tested until at least 2020) is trading @ $9+ (up almost 3 bucks from early summer when we were teasing them) and GSAT has somewhat slumped a bit. If you put these two companies side by side (with FCC approval for GSAT), there is no comparison looking forward; it's night and day! I don't like going against the market for sooo long. I had expected more articles in tech mags, forums, news,etc.... GLTA.

    Sentiment: Strong Buy

  • I would run naked through the streets IF Wheeler announced the approval of TLPS tomorrow; however, I tend to agree with Leo adn Sands on this one (it will probably be related to states' rights). Just keeping it real. For one thing TLPS is a multi-BILLION dollar approval (some people from FCC and GSAT are gonna talk); I would expect unusually high volume leading up to the ACTUAL approval- which hasn't happened in this instance. Also I have a question I hope some people who are pro-GSAT and can see the folly of investing in IRMD can answer, why is IRDM at $9+ pps. I'd rather bet on Cleveland winning the Superbowl this year than investing in IRDM- they won't be ready with everything until at least 2020 (both IRDM and Cleveland)! If you have any ideas why IRDM is at $9, please let us know. I'm just stunned that it is. I hope I get to run naked through the streets tomorrow; I'll definitely have plenty of bail-money! :) P.S. IMO I would compare the disruptive nature of TLPS and everything else they have in their pipeline and even the products/services the aven't even thought of yet is similar to when the internet first came out (plugged in at home). Our societal way of life has changed now to "unplugged" (smartphones, tablets, iot, etc) that stock worth much more than most people think. I just can't believe the "experts" in the telecommunications and internet providers don't see this yet. GLTA!

    Sentiment: Strong Buy

  • Reply to

    Beam me up Scotty, to Globalstar

    by soldier_boy63h Aug 11, 2014 5:53 PM
    bsmithflex bsmithflex Aug 11, 2014 8:42 PM Flag

    Shortie, doesn't your mother have a parental lock on your computer and isn't it past your bedtime by now???

    Sentiment: Buy

  • Reply to

    Newbies and Longs

    by lakenonapatriot Aug 8, 2014 11:23 PM
    bsmithflex bsmithflex Aug 9, 2014 5:05 PM Flag

    Leo you might want to do a little more research open range communications went bankrupt in October 2011 just google for more information.

  • Reply to

    Stairway to Heaven

    by lakenonapatriot Jul 24, 2014 7:40 AM
    bsmithflex bsmithflex Jul 24, 2014 12:14 PM Flag

    Lake, like the analogy except one of the "steps". I know GSAT has a proposal in with ICAO but do not know the status or if they could compete with Inmarsat's offer (from article in May). Who do the the companies products/services differ? Inmarsat to provide FREE global airline tracking service. In advance of the conference on aircraft tracking being hosted by the International Civil Aviation Organization (ICAO) in Montreal on Monday, 12 May, Inmarsat has confirmed it has proposed to ICAO a free global airline tracking service over the Inmarsat network, as part of the anticipated adoption of further aviation safety service measures by the world’s airlines following the loss of flight MH370.

    This service is being offered to all 11,000 commercial passenger aircraft, which are already equipped with an Inmarsat satellite connection, virtually 100 per cent of the world’s long haul commercial fleet.

    Again, I'm excited about the GSAT's "aircraft monitoring solution" with ICAO but do not know the status or if they could compete with Inmarsat's offer, which is FREE. Who do the the companies products/services differ?

    Sentiment: Strong Buy

  • Knox started a thread about staying in or selling. What other financial vehicle are you going to put your money? With GSAT, the LONGS know the potential of this disruptive technology and the likely-hood of a positive FCC decision. So, just relax. The vast majority of people in the market are running around like BLIND men trying to jump on a hot stock and make money; which usually doesn't end well. How well do you know GSAT; probably pretty damn well! In this economy and with the rigged market (ZIRP and QE?; and inflation, it's just an accomplishment not to loss the money your already have. If you've done you DD and believe in what GSAT management has done over the past 18 months (which is amazing by the way) and their vision for the future use of TLPS- STAY THE COURSE, relax and enjoy some peace in this hectic, crazy world. Payday is 1-4 months away. Getting back to Knox and anyone else in his situation, compromise and rebalance portfolio and take some profit; it's all about what makes you feel more at peace.

    I'm very interested to hear your thoughts and reasons for when you think TLPS will be approved. LAKE will buy the winner a new house after he cashes in his 100 billion shares! :)

    I think it will be approved by the end of September for 5 reasons and give the following odds below.
    1. Two recent high level meetings within past 30 days
    2. Heavy-hitters working for GSAT (represented in 2 mtgs above)
    2. FCC needs to/will address this BEFORE the "Net Neutrality" issue
    3. Schools need to plan for their 2015 budget
    4. Mid-term elections (don't under-estimate the importance of "politics" involved here)
    5. GSAT already had a prolonged comment period and quite literally I do not see with the recent FCC comments on Net Neutrality how they cannot approve this "game-changer" and 33% improvement of WIFI congestion

    1. Approval August- 20%
    2. Approval September- 45%
    3. Approval October- 15%
    4. Approval November- 15%
    5. Approval December-5%

    Sentiment: Strong Buy

  • Thanks IPTECH, ZXQ, VIC and SANDS on your recent updates and commentary- you and many others are greatly appreciated! I agree from a fast track point of view with the top level personnel that attended both meetings in the past month; I think it's more than a coincidence. Add the recent FCC Circulation as of 7-14-2014 dealing with:"Amendment of Section 25.119(f) and I am unusually optimistic! I would also think they need to get this done BEFORE opening the can of worms of the "Net Neutrality" mess. And as I've stated in a prior post last month, the Dems need s-o-m-e-t-h-i-n-g, literally a-n-y-t-h-i-n-g positive going into mid-term elections to distract people and Education is a strong, solid way of doing this. Stating that the FCC "WILL BE" funding E-Rate in 2015-2016 for 1 billion each year is not the same as being able to follow it up with and "by the way, WE have already started addressing this issue with Globalstar who is donating 20 thousand s hotspots, etc". People want to hear what the government is ALREADY doing to address the problem. Another poster also mentioned that the schools need to prepare next years budget (2015). Dems would also be able to state that they are addressing and started "resolving" the the WIFI congestion issues. Lastly with the Aug 8 FCC Mtg Agenda being pretty empty, they could slide that sucker right in there in the next 2 weeks. One thing that could be an additional indicator is if there is an unusually high buy volume (loose lips) over the next 2 weeks; if the insiders didn't already spill the beans. Lake- it could be an early Christmas! This could just be a lot of coincidences and conjecture though but it's floating my boat right now. GLTA!

    Sentiment: Strong Buy

  • bsmithflex bsmithflex Jul 18, 2014 1:17 PM Flag

    You been sucki*ng back on grandpa's cough syrup again?

    Sentiment: Strong Buy

  • Reply to

    Good time for filling the trading positions?

    by bushiname Jul 16, 2014 12:33 PM
    bsmithflex bsmithflex Jul 16, 2014 12:44 PM Flag

    It depends on how full your truck is already and how much "disposable" income you have available. I got in at $0.61 and have been buying more on the way up and am holding LONG. I have a little powder left and will personally buy more IF for some unknown reason pps drops to around $3.7. HOWEVER, if you have powder or are establishing new entries, BUY baby BUY! GLTA!

    Sentiment: Strong Buy

  • I'm impressed it bounced back so quickly once it dropped below $4 bucks! I was expecting a lot of "stop losses to be triggered" and had the key in the ignition backing up the truck to buy at $3.68. Things didn't get as crazy as I had hoped. Great recovery; shows strong stock!

    Sentiment: Buy

  • bsmithflex bsmithflex Jul 15, 2014 2:32 PM Flag

    Sands- great update! What does apply to GSAT in the summary was, "global standards for broadband mobile devices in the 2.5 GHz band, potentially making equipment more affordable and furthering the proliferation of broadband mobile devices, such as smartphones and tablets that operate in the 2.5 GHz band". That has GSAT written all over it! :)

    Sentiment: Strong Buy

  • bsmithflex bsmithflex Jun 30, 2014 5:07 PM Flag

    dear jerky boy, people "might" take you more seriously if your many yahoo account dates were not created today and less than 2 weeks ago. ADVICE- get a life #$%$ you only have so much time on this earth.

  • Reply to

    Russell Global and Russell 3000

    by mrworldwide_challenger Jun 27, 2014 6:19 PM
    bsmithflex bsmithflex Jun 28, 2014 11:42 AM Flag

    WC- thanks for update; I didn't realize they also made the Russell Global!

    Sentiment: Strong Buy

  • Reply to

    GSAT Trading Pattern and IRDM

    by bsmithflex Jun 26, 2014 9:45 PM
    bsmithflex bsmithflex Jun 27, 2014 9:47 AM Flag

    Donut- apparently you missed reading this part: IRDM only has a few things going for their sinking ship:
    1. They are the only other U.S. satellite company, other than GSAT
    2. CLOSE ties with military AND their CEO sites on some Government panel
    3. Their Aireon project (although they are not going to have all their birds up and going for 3-5+ years)
    4. Huge cash burn over the next 3-5 years WITH BILLIONS needed for new satellite deployment

    Sentiment: Strong Buy

  • Reply to

    Russel 2000 rebalance tomorrow

    by whiskey8860 Jun 26, 2014 5:06 PM
    bsmithflex bsmithflex Jun 27, 2014 8:17 AM Flag

    Hi Russell Investments is planning its annual index realignment before the market close, affecting more than $5T in assets. Credit Suisse estimates $42B will trade as a result of the adjustment, resulting in one of the biggest trading days of the year in terms of dollar volume. Asset managers and investors will have to realign their portfolios to match up with the new shifts in indices such as the Russell 2000 and the Russell 3000.

    Sentiment: Strong Buy

  • RE- GSAT's Trading Pattern over the past several weeks/month.
    1. Infested by day-traders
    2. MM's are keeping pps low; I would expect a lot of buying and price movement next week as the month closes out (for this to make any sense)
    3. Lastly, I've been in 3 different career fields (tv, tech and social work) and when in each one I knew what was going in that particular industry at that time. With telcos talking about mergers and the industry talk having turned to spectrum as gold, I'm actually quite surprised GSAT's volume is not higher. I don't expect the average joe to know about GSAT yet but I expect the telcos executives to. I would think those higher up on the totem-pole (and possible with "better knowledge of the situation" would be buying LOTS of GSAT. I could be mistaken but it doesn't seem like the telco individual execs are buying into GSAT (hopefully their lose).
    4. Once we move past $5, the big boys get to play and hopefully MM's won't be able to jack around with the price as much.
    5. GSAT all the way baby!
    ----------------------------------------------------------

    I recall about a month or so ago we were poking innocent fun at how much GSAT's pps was doing compared to Irdm's and guessing when GSAT's pps would surpass IRDM'S. Today GSAT closed @ $4.28 and IRDM @ $8.19 (when we were having fun a few months back their share price is was trading in the high $6's).

    IRDM only has a few things going for their sinking ship:
    1. They are the only other U.S. satellite company, other than GSAT
    2. CLOSE ties with military AND their CEO sites on some Government panel
    3. Their Aireon project (although they are not going to have all their birds up and going for 3-5+ years)
    4. Huge cash burn over the next 3-5 years WITH BILLIONS needed for new satellite deployment
    WHY IS THEIR STOCK TRADING SO WELL? Another poster hypothesized a possible buy-out from GOOG; which would make the most sense at this point in time

    Sentiment: Strong Buy

  • RE- GSAT's Trading Pattern over the past several weeks/month.
    1. Infested by day-traders
    2. MM's are keeping pps low; I would expect a lot of buying and price movement next week as the month closes out (for this to make any sense)
    3. Lastly, I've been in 3 different career fields (tv, tech and social work) and when in each one I knew what was going in that particular industry at that time. With telcos talking about mergers and the industry talk having turned to spectrum as gold, I'm actually quite surprised GSAT's volume is not higher. I don't expect the average joe to know about GSAT yet but I expect the telcos executives to. I would think those higher up on the totem-pole (and possible with "better knowledge of the situation" would be buying LOTS of GSAT. I could be mistaken but it doesn't seem like the telco individual execs are buying into GSAT (hopefully their lose).
    4. Once we move past $5, the big boys get to play and hopefully MM's won't be able to jack around with the price as much.
    5. GSAT all the way baby!
    ----------------------------------------------------------

    I recall about a month or so ago we were poking innocent fun at how much GSAT's pps was doing compared to Irdm's and guessing when GSAT's pps would surpass IRDM'S. Today GSAT closed @ $4.28 and IRDM @ $8.19 (when we were having fun a few months back their share price is was trading in the high $6's).

    IRDM only has a few things going for their sinking ship:
    1. They are the only other U.S. satellite company, other than GSAT
    2. CLOSE ties with military AND their CEO sites on some Government panel
    3. Their Aireon project (although they are not going to have all their birds up and going for 3-5+ years)
    4. Huge cash burn over the next 3-5 years WITH BILLIONS needed for new satellite deployment
    WHY IS THEIR STOCK TRADING SO WELL? Another poster hypothesized a possible buy-out from GOOG; which would make the most sense at this point in time.

    Sentiment: Strong Buy

  • Reply to

    GSAT

    by robotron2323 Jun 17, 2014 5:39 PM
    bsmithflex bsmithflex Jun 17, 2014 5:45 PM Flag

    Robo, I backed you in a prior post... my advice right now is "log-off and go have a drink"! :)

    Sentiment: Strong Buy

  • Reply to

    FUD vs. Reality for Newbies

    by mrworldwide_challenger Jun 17, 2014 4:27 PM
    bsmithflex bsmithflex Jun 17, 2014 5:43 PM Flag

    If people still have a wild-hair up their #$%$ about this please read a thread I just posted called "People Need to Relax"- ESPECIALLY the last paragraph of my post. LONG, STRONG and SMART. Moxie is good; greed not so much! GLTA.

    Sentiment: Strong Buy

  • bsmithflex by bsmithflex Jun 17, 2014 5:15 PM Flag

    Reading most of the threads this afternoon was like traveling back in time to high school. As the kid next door says, "chil-ax man". Robo brought-up a good point and possible scenario which I appreciate and thank him for- it doesn't mean he's right or wrong. A few other posters mentioned the possibility some people many have invested more than they probably should have and from some of the responses I tend to agree.

    I backed up the car last spring and filled the entire backseat (not the much larger trunk) at 55 cents a share and personally have staggered sell orders starting at $7 through $14 and will hold on to 5K shares long-term. IF all the stars align and GSAT hits $8-$10 by late August; I'll sell all but 5K and be happier than a pig in #$%$.

    Macro view of economy: If you haven't realized the U.S. economy never recovered from 2008 except if you're a 1% and you wouldn't be on this forum if you were (real inflation: food, gas, utilities are up 7-10%; the new McJobs being created pay #$%$ with limited health insurance that replaced the well-paying jobs with good health insurance). Side note- unforeseen medical expenses are the 2nd leading reason for bankruptcies. It's only because of the FED's multiple QE #$%$ that the market is on steroids. Everyone knows the U.S. is 17.5 trillion in debt ON THE BOOKS. But what about the UNFUNDED liabilities: Social Security and Medicare? What about approx $75+ Trillion in derivatives? And if they continue to Taper... it could get a little dicey. Greed tends to take over rational thinking. What's the old expression, "a bird in the hand is better than....". I wish everyone the best!

    Sentiment: Strong Buy

GSAT
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