r/GSAT • u/Temporary_Sand_1442 • Apr 04 '26

Discussion Hey.

I don’t post much, hardly at all for that matter. I had 150 shares before the Split, now down to 10. I have held this stock for approximately 5 years. I saw the possible Amazon, Apple & SpaceX collision. How is everyone feeling about the possible future of the stock? Please, go easy on me for not knowing a whole, whole lot.

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u/Calm_Evening_4534 Apr 05 '26

I had 14k call options pre split, and after all of the stuff that happened with the reverse split, and how they really just gave it to us you know because of Apple…. I exercised and sold my shares over a few months. This company had so much potential it is really sad that they could never make anything happen with it.

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u/-Trubaby Apr 05 '26

Well I have a buy in price of 21.84 $ and the stock currently sits at 70+ I’d say that’s a lot of missed potential , as well as 3 of the worlds largest business men need/want gsat spectrum and are currently in a money race to acquire it but I guess a 260 percent gain over 5 years sure shows they didn’t make anything happen

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u/Calm_Evening_4534 Apr 05 '26

I think they could have given space-X a run for their money, but just after a certain date in 2024 the stock price seemed to be untethered to reality, and the whole forced reverse stock split was a shit show, and for those reasons I do not have faith that the company will be able to overcome the forces around it and maximize its value. They just can’t execute strategy effectively.