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Discover reviews on "gsat stock" based on Reddit discussions and experiences.

Last updated: February 5, 2025 at 05:49 PM
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Summary of Reddit Comments on GSAT Stock

GSAT Stock Pros

  • Anticipated Nasdaq Listing: "GSAT will join Nasdaq next month šŸš€"
  • Potential Growth Opportunities: "The words reverse stock split and good faith don't go together [...] I have a feeling the price will significantly drop after split. And for that reason Iā€™m out."
  • Apple Partnership: "Apple deal we should see more light on Thursday when we report earnings. We have a proof of concept with a government subcontractor with band 53... A lot of moving parts other than Apple."
  • Speculation on Apple's Strategy: "What sold me is ast has 200mil in cash and 1mil revenue... GSAT has now 1.4bil in cash and 300mil revenue doubling to 600mil next year..."
  • Potential Satellite Internet Dominance: "We are trading on a firm belief that GSAT will become the dominate satellite internet and phone service provider..."

GSAT Stock Cons

  • Weak Momentum: "Showing weak momentum"
  • Risk of Decrease Post-Reverse Split: "At current price of $1.85 a 10:1 split the new pps will be $18.50 and at a 25:1 split it will be $45.25."
  • Potential Overvaluation: "This stock is primed. The RS is part of a larger strategy. When news finally does get released on this stock, it will fly."
  • Speculative Nature: "then again everything I said up above is simply speculation, and I could be very wrong."

Other Stock Mentions

  • RKLB: "Been holding RDW for 6 months, was never allowed to post about it and stopped trying."
  • ASTS: "KULR is another one Iā€™m bullish on", "Now is the timeā€¦. I see a lot of ASTS investors pulling their ASTS shares only to invest in GSAT."
  • RDW: "OP originally tried posting this months ago, but WSB rejected it because RDW was 'under 500m market cap.'"

Community Sentiments

  • Optimism: "Tomorrow, I put >1% of my net worth into NBIS. This may be one of a few AI plays still not overbought will legs to run."
  • Cautiousness: "Expecting GSAT to moon but not quite yet"

Overall Takeaways

  • GSAT Potential: GSAT shows signs of potential growth with an anticipated Nasdaq Listing and a partnership with Apple. However, there are concerns about weak momentum, the impact of a reverse split, and the speculative nature of the stock. Other mentioned stocks like RKLB and ASTS also have strong community interest and potential for growth. Itā€™s advised to proceed with caution and conduct thorough research before making investment decisions.
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