spearnreel
Oct 16, 11:47 AM
$GOGO Underlying local TA continues showing promise.
Got four daily hammers on the 10-day. A major bullish engulfing on yesterday’s close. Had a fully bullish engulfing on last weeks close. This week so far already wicked last weeks candle and body still within last weeks body. A close today
$2.33 and north gives us 2nd consecutive green close week.
Only two weeks in Q4, PR’d deals with #’s attached suggest est
$44 mil rebate with SmartSky award overturned (
$22 mil +
$22 mil litigation expenses that could see relief).
$15+ mil GEO deal w/ sovereign govt.
Duncan Aviation 40 Galileo units, approx
$5 mil ex install and service revs.
PlaneSense 71 Galileo units
$8.5 mil ex install and service revs.
Basic math on these alone could suggest we are nearing
$1 bil annual rev 2027.
Could do some major deleverage with the recent
$SPCX set on low band spectrum re our licensed 4MHz.
$550 mil per MHz btw.
Ignore PA but not the #’s for now.
Still have 13+ mil on sell side needing unwound.
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