May. 16 at 6:07 PM
$GSAT Had 25000 shares Pre Split. Sold about 100 shares from
$75 to
$80 before Buyout was announced. Recently Bot 700 shares around
$82.
My Risk assessment is only one issue. AMZN Fails to get Regulatory Approval. I find this highly unlikely.
Upside Potential ?
Minimum, another
$8 per share in 9 or 12 months.
Additional Upside?
0.321 Shares of AMZN at
$280
$GSAT is a Proxy for
$AMZN
AMZN just had Blow out Earnings and Analysts are raising their price targets to
$310 or More.
Every
$10 that AMZN is over
$280 is about
$3 for GSAT over
$90.
SpaceX
AMZN is buying GSAT to better compete with them.
SpaceX is about to get a Shit Ton of Cash and could enter into a Bidding War with AMZN if for nothing else than to Force them to pay More if they really want to compete.
This is a Locked in Win no matter how you look at it.
