Lou Basenese Trend Trader $15 stock supplier for Elon Musk Starlink system.Lou Basenese is touting VLEO about a $15 stock that is a critical supplier to Elon Musk and his Starlink project. This company makes the receiver equipment for homes, offices, planes, boats, etc. needed by Starlink. Speculation is Elon will actually just buy the company, or if not him, Jeff Bezos or anyone else entering the satellite Internet service. as this company can supply the equipment to make the system work worldwide.
VLEO stands for Very Low Earth Orbit, which Elon Musk has been installing in space for his Starlink project. It is currently being BETA tested and according to Lou this will go public around July 1 of this year to the masses. Musk has received permission from the FCC to launch 12,000 of these satellites, and already has 600 of these satellites deployed in space. He also has approval for 1 Million ground based terminals to receive the transmission.
So who is this company Lou is pitching?
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I expect that’s another repackaging of the idea has hast pitched for at least six months now — that’s Gilat, which was first a $5 stock, then briefly $15-20, and is now back below $10. Covered here: https://www.stockgumshoe.com/reviews/lou-baseneses-trend-trader/trend-traders-the-secret-5-company-behind-elons-race-to-own-the-internet/
Thanks for the information. As a new subscriber I am still learning my way around the pages.
DOES ANYONE KNOW THE NAME OF THE COMPANY SUPPLYING MUSK’S RECEIVERS?
Musk’s Starlink is building its own ground equipment. The stock being pitched is Gilat (GILT), covered a while back here: https://www.stockgumshoe.com/reviews/lou-baseneses-trend-trader/trend-traders-the-secret-5-company-behind-elons-race-to-own-the-internet/
It’s baaaaaaaaaack!Now claiming Oct 1st
Does anyone know the name of this stock?
what is the company masking the receiver dish
Does anyone know the company Basnese is teasing?
I haven’t updated my article about that one in a while, but it’s still Gilat (GILT) — he’s been teasing it with essentially the same language since late 2020, mostly just changing the language to call it a “$5 stock” or a “$15 stock” when the price has jumped around (today it’s roughly a $6 stock, right around where it was when I first wrote about this tease)… my older article is here: https://www.stockgumshoe.com/reviews/lou-baseneses-trend-trader/trend-traders-the-secret-5-company-behind-elons-race-to-own-the-internet/