Listen Regards, myself included. I just found about this GlobalStar company this week. And they’re up about 200% in the last year. Wondered why, so I looked around their site, and they appear to be selling equipment and plans from what looks to be the Flip Phone and Blackberry era. The only bullets you need…
• Take a look at their Service Plans: https://www.globalstar.com/en-us/service-plans
• Take a look at their Voice and Data coverage map: https://www.globalstar.com/en-us/coverage-maps
Seriously, what the fuck is this shit? How is this up 200% in a year? I know back in 2024 Apple bought 20% of them or something. Anyways, with Starlink, Amazon Leo, and ASTS actually doing useful shit – I don’t see how this stock is going to go anywhere but down. I’m guessing their biggest customers are Venezuelan Oil Tankers trying to view Russian OF, with horrible buffering – and even then Trump just shut that down.
But seriously, APPL is the only thing keeping them afloat with their emergency sat based sms. How much $$$ does that bring in? I’m not even gonna look it up – it’s likely pennies and costs a shit ton to have that availability. Couple big commercial customers for their IoT solutions – but no way should this be up 200%.
April 17th $50p – See you in Valhalla
Posted by KnewTwoDiss
4 Comments
Solid muh fuckin vibe trade, this is my temperature soup my guy. Ill hop on for a grand
I have a Globalstar satellite phone for emergencies. It’s dogshit. I may jump in on this with you.
pretty sure its because they have spectrum rights which are increasing in value
the CEO spread rumors about SpaceX buying them i think.