those with the access may get gogo once profit positive, cash flow positive got us here IMHO - question is who? 2 billion valuation is a drop in the bucket for a takeover by the big boys.my guess Rockwell Collins ,or a satellite company from the air down and Honeywell for the monopoly of installation on the planes. my guess on the recent convertible issue with interest rate and an expected additional 10% return is 27. no take over for anything lower. gogo is a wait and see. been in and out mostly16 up-20s down but then in heavy in the 9s with insider buys and just sitting smiling watching since. the obvious seems very clear. Ps hacker responsibility is from what your using and accessing - like your business account not how you got it via gogo or a tower or your wifi
days to cover shorts are now 8 with the increase in average volume or lower if the number of shorts have come down. IMHO the short squeeze is no longer a "major" threat ,. Also per graph RS is in the 70s- overbought. this maybe a resting place for a while but some good conferences coming up to release more good news.
why not -all I ever saw from the beginning was a monopoly in the sky. road it up in beginning and bailed out on the free fall most by low 20s then back in hard 9s and early teens when ceo and other insiders bought shares. Still the cloud of of satellite access and receivers - only own the installation and service connection. no cup for fast ball protection but can be relieved in the home office in Colorado.. :+)
insider buying , convertible stock to buy out original owner, Rockwell Collins saying on Bloomberg they are interested in connections in the sky and created a subsidiary. gogo price going straight up with higher than normal volumes.. These are all alignments of the planets for either a moon shot, privatization or take over. Doesn't matter they all equal a lot higher prices. Houston - we have a lift off and about time!
Sentiment: Strong Buy