My service (Colorado) tried to reboot on its own last night and now is hung up in the reboot and a frozen screen. Tried the unplug and replug power and still nothing changes. No customer service phones being answered and no chat being responded except the notice that they are sorry but the call center is unavailable at this time. Yes, I do think this will have an affect on TiVo shares once the "public" realization that people like me cannot see tv without the fix to their system (unless I bypass TiVo and no longer have a dvr). If this continues past today, they have a huge problem on their hands.
Now I know who you are talking about. After Niels sold his 42,875 shares ($19.50) he then did an options execute for 41,200 shares (at $9.08) and he now has 48.875 shares. Sounds like a sound investment strategy and not a run for the hills on the company.
The update gives more detail and balance to the position of GOGO and Inmarsat plan. Inmarsat launch of satellite in 2016 will have a hybrid system similar to what GOGO already has. It also mentions that Inmarsat is in "talks" with BA for the relationship, not signed contract. The release gives credit to GOGO for its success thus far in the industry. 10:28am 6/5 was when it was released.
An hour after their first release talking about the new British Airways relationship, Inmarsat released "Inmarsat to Launch Pan-European In-Flight Broadband - 2nd UPDATE". This release (Update 2) clarifies the scenario of GOGOs success and the other players. It doesn't mislead the reader that Inmarsat will have an obvious advantage in Europe. It talks about the 2,000 aircraft already with GOGO for American and Delta, and refers to "GOGO delivering 4G connections." Worth the read - do a search on the above press release.
Maybe that is why they want DirecTV.... I don't know if the spectrum is part of DirecTV or not.
Another is PFPT - almost a copy of GOGO. Is a momentum stock but the revenue so far has been a negative number and improving, just like GOGO. I think a lot of this was the momentum stock issue but now that AT&T headlines are involved, some MM will see GOGO future as risky maybe. I don't.
Monday's earnings are for Q1 ending March 31, 2014. Your observation wont be there until next quarter.
You missed one: Momentum stocks and stocks that financials don't support the value of the stock are getting adjusted down to reflect a truer business/ stock price picture. Until momentum stocks get back into the hedge fund plans, GIOGO and many other stocks are stock 20-30% below their early 2014 price. We are in a cycle of down for a couple of months in my opinion. This will bounce on earnings (good I'm sure) but then drop back down, I think. I hope I am wrong.
I don't think that AT&T is the driving issue here. A couple weeks ago when GOGO announced equipment on future Boeing aircraft, I think Honeywell realized they were behind the power curve in their marketing plans for their product. I think they finalized the AT&T relationship and went from there. HON needs to stop the contracts from flowing on new Boeing, Airbus, and business jet aircraft. So, announce their product and initiate a sales team of AT&T people to help them stop the bleeding. AT&T's hand is the 4G LTE - - a nice stop gap until satellite protocol is more available. GOGO has been announcing a lot lately and HON knows they need to catch up. "GOGO" is now the aviation term for in-flight wifi, kind of like Kleenex for tissue. AT&T just wants to expand its features of 4G and HON wants to sell equipment.
True for now, but I think not in concrete. I support GOGO but if the airlines want something new for the long term, then they will pay the penalty or competition will pay it for them. I think HON involvement is the key to competition because that is the equipment that costs to install on an aircraft. Cost is the factor if the services are similar.
Why don't you leave the stock and find another company to invest in. If you don't like it, why do you invest in it, or really care what happens in the company.
Too bad that HHGregg announces before BBY each quarter. HHGregg announces and BBY takes a dive. BBY gets dragged down because HHGregg doesn't run its business the same as BBY. BBY doesn't sell the same way as HHGregg. BBY is attacking their marketing issues much different than HHGregg. AND the market investors knee-jerk react to anything that looks or smells like the same thing. They are not the same.
First, I own a substantial amount of GOGO shares as a retail investor. But I've come to realize that GOGO is going to go where "THEY" want it to go, until it gets there. Today on Fast Money, Brian Kelly said something to the effect that GOGO is in a tough market right now (really? for GOGO) and that he would leave it alone for now. (SUBTLE WARNING that players are controlling GOGO stock for their own reason don't try to outfox the big boys).
Coincidentally, the options activity hasn't settled down... they are still playing Calls and Puts for this month and future months. This stock is not dead by any means
There is a shell that surrounds GOGO in that it fits into the momentum stocks that the talking heads says are into rotation to value stocks. Now that GOGO has dived over 20% there has been a down grade today by Columbine Capitol (there are only a few analysts who have said anything and they have all said the same for several months).
Regardless of one's opinion of Cramer, when the company shows real growth and potential in a market that GOGO is overtaking, and Cramer doesn't say anything positive and suggests negative, I've found he has painted a picture of how the big money is playing the stock.
And then the kicker for me is another stock I own that is doing great guns in the market and has all the characteristics of a momentum success story is PFPT. Similarly to GOGO it has taken a bath over the last 2 weeks, in a similar pattern. Soooooo, I say that there is something out of my control and once "THEIR" goal is reached for flushing out option rookie players, OR getting to have investors sell, OR the price gets to the point of no retail buyers, then these stocks will climb back again. These stocks do not have a perfect fundamental picture but do have great gains in revenue and market share in their own unique product space. I need to face reality that until this gets to where it is going, my dollars into or out of the stock is a #$%$ shoot.
Sentiment: Strong Buy
Could be true. I see April 19 shows 17,746 call options for $23 strike, 8,913 for $24 strike and 5,000 to 1,000 on strikes around these dollars. The most put options are for about 3,000.
Sentiment: Strong Buy
I definitely agree about manipulation. I look at the options: activity for several weeks at all levels. I do know from my son who (charters) outfits business jets in Calif. with wi-fi that the sales into business jets is self-propelling for GOGO and in high demand for GOGO. He says the term gogo is used to represent any wi-fi technology, kind of like Kleenex for tissues. He says it is now expected in every business charter and charter owners are getting on board as fast as it can be installed. I believe the fundamentals will show implied improvement in coming months then after their investment costs for new KU technology, this will be a market share leader, per the headlines of Boeing, Air Canada, Japan, and the observation of business jet installs. I will keep long term.
Sentiment: Strong Buy