 Boom What's up money geeks Mr. V here welcome to another video guys so into this video We are going to talk about ticket symbol GS AT global star satellite technology So this company juice pop over 40% on some major news So that's why I wanted to cover here on the channel before that We have already talked about global star here on the channel. I did global star I told you guys this was a penny stock that I would put on there my 5g category because it was really cheap Back then and I bought I think I have over two thousand shares of the stock right now I'm holding so when I see news like this, I guess I'm excited so again There's some news out there is still room with the kids neither global star Satellite technology or Apple has actually confirmed this news But again, I want us to cover here. You know how the same goes right by the rumor said the news So hey, I'm making sure that you guys have this information before we get steady guys We are new to the channel. We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button in the notification bell So you don't miss out on new content. So global star. I think in my opinion is one of my penny penny stock 5g A company so I covered here did some research on the company and I liked it they provide satellite solutions to Businesses across the globe. So also the business is benefit from this satellite technology. So Apple Recently has again, this is not confirmed. This is just a rumor and this is because Somebody that really covers Apple and somebody that it's in the space Confirm or is putting out the rumor again I I wanted a friend from using confirm because he's hasn't been confirmed yet It is a rumor out there that Apple is going to use This global star satellite technology to bring Satellite technology on the iPhone 13. So let me just bring the news here So global star you can see here. Yeah, there's shares I jumped 40% because of the report and again the report is that they are looking at so this guy mean chai Hope I'm sending in bright. So this guy mean chai He covers Apple like he is one of the guys in the space They know him for his coverage of Apple. So he has inside a report that Apple is looking to partner with global star satellite technology to actually Bring satellite technology on the Apple iPhone 13 and the reason this is important is because next month Apple plans on releasing the Apple iPhone 13. So if this is true Then we would see a global star technology pop if they confirm this news I'll see this stock would pop massively We've seen cases where Apple partners with other companies are most recently I posted a video about that which I'm gonna hook up here So you guys can go check it out with a firm in a firm went crazy Went from like sixty seven dollars to a hundred and something dollars just because of the news So if this is actually confirmed again, there's more Market insider more people reporting about this again if this is confirmed then This stock is gonna go crazy. So like I said, I have our huge position in the stock. I'm holding it Long term, but if it pops, then I'm probably gonna take some profit And then see what happens with the rest they again, this is just something that you have to treat it smartly because this is again Something that hasn't been confirmed by either Apple or global star satellite technology. So and as we're doing this video if you can see right here This stock is actually gone as high as I mean, I think we should be able to see this here It went as high as two dollars and sixty cents before pulling back when the market opened So again, we're talking this thing was trading somewhere if you just go five days here Look at it was trading somewhere about a dollar forty two before these news came out So from a dollar forty two look at that squeeze all the way up So it's like straight up which is crazy and then imagine if this news gets confirmed If the news gets confirmed then we'll see this thing might go and ask as high as $3 or $3 and some change if not, I mean this momentum these people watching we might be seeing tests for dollars, which would be Beautiful to watch. So again, this is news that hasn't been confirmed yet Just to kind of give you guys a quick recap here that global star satellite technology is actually Potentially going to be used by Apple in their iPhone 13 released to bring satellite technology. So again, this is not confirmed So make sure that if you're jumping in the stock, you're not just jumping in at least on the standard is risk with this Again people are confirming that the president that wrote this That's a little confirmation. I've had has in-depth Knowledge and connection with Apple and writes a lot about Apple. So if he's saying that it's an insider report This potentially could be true. So again trick it with caution. So again guys I've told you guys here on the channel and I have a position in a global star So this is not something that oh, I just saw this and jumping it I already have a massive position. I just I think it's about 2,500 shares of global star So again, if this is true what I'm gonna do is wait for the actual confirmation and then see where the stock goes and then secure some Profit and then let the rest ride or I can even secure some profit because after news like this You're gonna see that massive spike and then pull back so I can secure some profit Just hold a small position and then take that profit again buy the dip and you know Continue to build a bigger position, but that's in my game plan So I want to know what you guys thinking about is do you currently have global star in your portfolio? If not, are you looking to add or you're just looking to trade it again Let me know in the comment section if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also guys if you are new here You can definitely go right here and check out some of the videos that we have actually put out in the past So definitely go through subscribe and we'll see you in the next one