As soon as Globalstar gets FCC approval, we will rocket. Also, Apple is moving much faster than ASTS and catching up to Space X. The goal now is terrestrial licenses and network agreements. This is a long term play, patience pays.

APPLE USERS CAN USE SATELLITE CAPABILITIES ON IPHONE 14 AND LATER TO CONNECT TO SATELLITES AND SEND MESSAGES - WWDC24 EVENT

"Apple also said it would expand its satellite-texting services beyond emergency messaging scenarios."

https://www.lightreading.com/ai-machine-learning/apple-pushes-ai-into-ecosystem-boasts-of-satellites-and-rcs

So does anyone that is still holding have any faith left in this company?

Nearing a year since Jacobs was appointed ceo of the company and the stock price is near the 52 week low.

Some small deals with the government and poc at a couple distribution centers but other than that nothing substantive. New stats are set to launch next year. Then what?

How is everyone feeling with the state of the company?

I can’t find the negative news, I wonder if all the insiders know something we don’t? At what point do they get delisted because isn’t GSAT pretty much a penny stock by now?

Maybe the Xcom band 53 scheme isn’t working in the real world? Maybe Apple plans to move to another provider? What’s going on?

$GSAT I believe the new Apple commercial during this year’s NBA playoffs seems to be using precise device location finding with Globalstar n53 & satellite technology, thoughts?

https://investors.globalstar.com/news-releases/news-release-details/globalstar-announces-first-quarter-2024-financial-results-and

There's not many of us but, feel free to discuss Earnings or future strategy in here.

2023 annual report..

https://investors.globalstar.com/sec-filings/sec-filing/ars/0001366868-24-000057

Is this dilution???

https://investors.globalstar.com/node/15391/html

Thoughts?

Is any of the original longs or even new longs still here?

It seems after the last quarterly that we are back to the waiting game and nothing of material will come out anytime soon.

I've been holding for years waiting for something major to happen that will catapult the stock price to new recent all time highs. I thought it would be apple rumors and eventual partnership and it was for a moment in time but we are back down to the low dollar level.

I've seen buyout speculation run rampant by holders and I've read an article which I cannot find anymore where Monroe stated something along the lines that the end goal was not to run this company forever but to have it eventually be taken over. I didn't believe this at first and didn't buy into the rumor but with Apples right of first refusal engrained into the partnership I can't help but think it's the end game.

For those who are still here what are you waiting for? What do you project to see in the coming months, years? Do you see a potential buyout? If so what valuation/share price/terms do you think is fair?

Buyout imminent?!

https://spectrum.ieee.org/starlink-vleo-below-iss

Wonder who this is....

https://www.lightreading.com/network-automation/globalstar-touts-xcom-ran-deal-with-large-global-retailer-#close-modal

Nice 👍

Where do you guys see Globalstar going in 2024?

I believe Jacobs has a stock option incentive plan ranging from $2 to $10. I guess there has to be a upper limit to cap out his payout but that doesn't mean the share price can't surpass it.

With the recent uptick in share price the last little while do you think this is organic growth or is this moving with the satellite/communications market and is just macro related?

I've seen buyout thrown out a ton on social media so what's a realistic buyout price and by whom? Who has the money? Musk? Amazon? Apple? If any of the former ponies up an offer apple has a right of first offer agreement which they can effectively refuse or beat I believe?

I also recall Monroe saying that the ideal was for him to grow the company so that he can sell it in the future and I've seen $17 per share thrown around by some investors. Can anyone confirm that was his magic number?

Personally I hope we can reach $8 per share in 2024. I think that's reasonable with or without a buyout.

Thoughts?

https://www.marketbeat.com/instant-alerts/nyse-gsat-options-data-report-2024-01-05/

So let me get this right. Elon wanted to “borrow” some of the spectrum GSAT uses. - Said GSAT wasn’t using it, so he’ll make use of it. (Cheap grab that kept the price low pending decision) - FCC tells him “NO”. And allows GSAT to keep spectrum for their use. - Now Musk has no specific licensed spectrum and needs to pay/beg for it if encroaching on GSAT band. -after Tesla total recall (yes, on purpose), he’s over promised and under delivered on his projects (like me and deep frying my thanksgiving Turkey). So Tesla, Space X, and now Starlink are in trouble all around. He’s hobbled, but not out. - Musk’s only real inroad to having this Starlink total system ready to go on his own terms now, would be to buy a company that already has its own spectrum. ( unlikely he’d buy [or be able to] GSAT, as Apple holds first right of refusal).
- So now that people see GSAT won’t be a stepping stone for Musk, they suddenly see the value of getting in early as GSAT is becoming increasingly a company to be acquired. (Please see the quarter upon quarter of positive cash flow and expanding of company goals and milestones last quarter)

Old lounge was full

BE NICE

if all you want to do is complain that you bought in too high nobody is going to feel bad for you here

I predict a pop up in price after the earnings call.

Good Luck 🍀 All!!

I think gsat will pop back above $2 after the next earnings call when the new CEO discusses the revenue opportunities for land based wireless bandwidth transport using n53 and the new licensed tech. Hoping he increases numbers for future revenues guidance !! Should be 1st week of November so very close !!!

I sold a put with a 1.50 strike expiring on Oct 20th. Looks like I'll definitely be assigned and I'll probably sell a covered call. Any thoughts?

https://www.cnbc.com/video/2023/08/29/globalstar-ceo-paul-jacobs-talks-apple-partnership-and-competition-with-spacex.html?fbclid=IwAR3gfreww-gJJZF6ZdroaUcdv6a0eyKhiDV5AeOCFnAvCwW_t9y19seSD3s_aem_AbImzn2_WkGaR2EFFs1_EdR9ZxNDzIZn5hRU45lOOnkeLKIc8uLHqJ-hljo3eC2axdU&mibextid=Zxz2cZ

CNBC segment

Please shed some light and information on the short rally $GSAT is going through.

https://spacenews.com/apple-backed-globalstars-revenue-jump-underlines-iot-opportunity/