don't see think that is a flawed thought process for smart investing?
Ignore all the negative posts and only listen and post positive items?
I'm long Gsat and by a lot even with my covered calls I wrote on the $3 March expirations however I'm not foolish enough to ignore intelligent posters whether they agree or disagree with my investment thesis.
Just my 2 cents. Pump away and I'll be happy when we hit $4+, $5+, $6+ etc.
i agree and kind of hope so. I sold covered calls on a portion of my GSAT holdings at $3 strike for 3/20. I assumed we would get the pop from a successful FCC testing but I didn't think we would get a FCC answer before the options expire. Kinda hoping we close at $2.99 on 3/20/2015 so I can keep all my shares :)
If I was reading the announcements correctly if there isn't a bid on a band then it gets closed.
I think the AW-CMA band closes after round 326 if their is no bid in the next round and only bidding is allowed on AW-BEA since the last AW-CMA bid was in round 321 as per announcement "Pre-Band closure procedures".
only 3 bids on the last round. Wonder if all the speculation that they won't announce anything about GSATs spectrum until after the auction is true and now that the auction looks to be finishing that GSAT should get some news.