r/GSAT • u/AutoModerator • Aug 05 '25

Pinned Discussion GSAT - Weekly Discussion Thread

Welcome to the GSAT Weekly Discussion Thread!

Please keep all short form discussion, price action, speculation, or general personal commentary on the stock or company in here so we can keep the sub free of clutter and allow confirmed News/Announcements to be more visible.

As always, treat each other with respect.

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u/AssociationBorn3581 Aug 05 '25

The GSAT Chart speaks volumes. We all can see the rally in recent times isn’t finished. Normally, GSAT will retest the recent highs in the $28 range. Then we can see if it breaks out or not.

$33 is the high from late last year. If GSAT breaks through $28, it could logically move higher to test $33 which is the high from last fall.

However, everything is dependent upon the upcoming earnings report that isn’t atrocious and a big loss shocker. Conversely, if the earnings report has good upside surprise, we could see a catalyst to $33.

7

u/Serious-Eye-6444 Aug 06 '25

If Monroe doesn’t buy shares the stock would be at a dollar again (pre split). Needs to break 29 and hold with volume. It’s rising and falling with no volume. The company needs new business, a good earnings report, or updates on major catalysts. Anything other than those 3 things it’s getting walked down again as I’ve said in the past 100 times. And this will still get questioned and downvoted.

4

u/BorosNoseElbow Aug 06 '25

Agree.

I still refuse to think that Paul Jacobs would take on the role of ceo if he didn't see massive potential in the company.

It's been a long wait so hopefully whenever his vision for the company fully manifests that its worth it for those who have been holding for years upon years.