Globalstar, Inc. (GSAT): A Bull Case Theory

We came across a bullish thesis on Globalstar, Inc. (NYSE:GSAT) on wallstreetbets Subreddit Page by 2ndSifter. In this article, we will summarize the bulls’ thesis on GSAT. Globalstar, Inc. (NYSE:GSAT)'s share was trading at $2.07 as of Dec 31^st.

[caption id="attachment_1205866" align="aligncenter" width="768"] A commercial satellite in the sky, its antennae glimmering in the light.[/caption]

Globalstar (NYSE:GSAT) plays a key role in Low-Earth Orbit (LEO) communications, offering mobile satellite services globally, including cellular data, satellite monitoring, and emergency...