PCS, of course the stink cheap price of 24c during the crunch was due to management of the company. Companies with cash sloshing around, robust business plans and success going on, did not do like Lehman Brothers or Washington Mutual, or Fannie or Freddie etc.
Well, Globalstar did not "do" like Lehman, Wahington Mutual, etc back in 2009. Those companies went Bankrupt.
Even companies like AAPL, and QCOM took huge hits to their Market Caps.
So to recap, Globalstar in its two ownership structures has one gone BK [zero] ONCE, not twice as you claimed, and no, 20¢ is NOT close enough to zero to be called zero.
Like I said before, your Theatrics is notable.
PCSTEL |