to view your mail
Yahoo Finance Plus
U.S. Markets open in 6 hrs 43 mins
Globalstar, Inc. (GSAT)
NYSE American - Nasdaq Real Time Price. Currency in USD
Add to watchlist
At close: 4:00PM EDT
15,669 reactions on $GSAT conversation
Sign in to post a message.
For those new to the board, GSAT is a satellite company with 5G technology wired in with Qualcomm. It also has agreements with Nokia. This company had a nice rise earlier in the year but then fell back. Now analyst have put a $3.25 price target. I personally believe this company is a buyout target for Qualcomm. I would gladly trade my shares for Qualcomm shares should they opportunity be presented
Some old news that may be relevant: William White, InvestorPlace Writer Jan 8, 2021,
Globalstar stock is on the rise after announcing positive news from business partner Nokia (NYSE:NOK).
About 10 days ago, at around $1.20, I posted that GSAT will rock the boat in 2021. Well, here's one.
If you bought at $1.20, today marks 50% gain. I think GSAT will continue to climb, and with a bit of upcoming momentum, $5.00 - $10.00 is easy.
This has been a fun one to trade. I can't help but give some credit to this platform though that helped me find ideal spots to buy and sell. And their free training resources are just awesome
Globalstar is outperforming the satellute market this is great, huge opportunity. Yesterday s analyst upgrade is just the begining
GSAT: Strong open tomorrow. Get ready for massive run-up.....IMO
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Globalstar shares, but what is the fundamental picture for the company? Currently, Globalstar is a Zacks Rank #3 (Hold) in the Satellite and Communication industry that ranks in the Bottom 4% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while none have dropped their estimates. The net effect has narrowed our Zacks Consensus Estimate for the current quarter from a loss of 2 cents per share to a loss of a cent in that period.
Reddit investors could do well with this stock intrinsically based on the quality of the company and NOK business partner.
After AT&T Buys Straight Path, Globalstar Could Be the Next Telecom Takeover Target. Globalstar, Inc.'s (GSAT) stock skyrocketed 15% Monday morning on buyout speculation after AT&T (T) purchased Straight Path Communications (STRP) for a 162% premium
Nonstop 100k+ buy orders working their way up the bid list on lvl 2
Omg I waited several months and am finally breaking even!! Knew it was the right thing to hold. I have confidence this will get to 15.
B. Riley Securities analyst Mike Crawford initiated coverage on Globalstar with a Buy rating and announced a price target of $3.2
Great chart. Ending day and ready to continue tomorrow!
I've got in yesterday at 1.5$ .. I loved this start lol ❤
I brought 6000 shares at 1.63 hope this was a good move
GUYS LOOK AT THE CHARTS!!!!!!
LONG GREEN WICKS....
Hopefully tomorrow 300m volume and 3$
This should be a $2.50 stock in the in term long-term worth five dollars once all the rhetoric with the governments regulation is dealt with excellent technology￼￼￼
Congratulations to all who bought the dip.
Wish i was one.
$3 soon imho
IRS is likely to announce new stimulus checks this week — will you get one?
Nutanix CEO on the path to profitability
Yahoo Finance Video
A Record Buyout Is Just the Start as Wealthy Flee Tax Hike
Advertise with us
© 2021 Verizon Media. All rights reserved.
About Our Ads
Discover new investment ideas by accessing unbiased, in-depth investment research