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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.47-5.2%3:34 PM EST

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From: wllm3/7/2022 3:33:19 PM
2 Recommendations

Recommended By
Jon Koplik
SirWalterRalegh

   of 29986
 
Call me silly, but I decided the potential loss of ability of widespread regions to communicate because of destruction of terrestrial mobile cell networks from civil/political/military unrest, combined with the occasional bruit of technology development that might connect regular cell phones to satellites, is enough to justify reentry by a modest investment in GSAT, with an indefinite time frame.
What seemed a stronger potential opportunity in the past hasn't worked out before, so my hopes are not high, but after all these years, I don't want to miss a major move should the marvelous potential of satellite CDMA be realized, in response to what seems like a lesson of how demand can become urgent when things hit the fan.

Polar inaccessibility always seemed a likely deal breaker in the past, but there have been no revolutions in the polar regions lately.

Just for what it is worth...
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