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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 21.97-0.2%Mar 21 3:59 PM EDT
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To: Selectric II who wrote (29959)6/29/2024 1:09:39 AM
From: Maurice Winn1 Recommendation

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Selectric II

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My wife and I went out to celebrate the successful launch, only to find that it was fake news with a script being read rather than reality reported. That is now a normal experience with ubiquitous fake news.

Globalstar is defunct as far as I can tell, clinging to the spectrum hoping to rent it to somebody for terrestrial use. Or whatever it is they're doing. The second constellation's design life was until about now, so they'll be needing constellation three.

That would be pointless if they can't figure out wacky wireless. Hordes of cheap little satellites at low altitude would probably still be worth doing but not if they remain stupid on pricing with arpu their ideal.

Starlink has been unable to figure it out either. It's fascinating. Somewhat like the self destructive madness of starting a war on Russia and refusing to give up when the dopey plans turned to custard.

Mqurice
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