What is Bezo’s VLEO stock that he has invested in with billions of Amazon stock. Nrgpsych
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Michael Robinson
Chief Technologist,
Digital Fortunes
October 2023
@
Touts a new investment $99/yr newsletter purporting to reveal $5 stock that will benefit from Jeff Bezos ‘ VLEO take over of low Earth orbit satellite web replacement for Earth bound systems.
Whaddya think?
Still Gilat (GILT) the ad is just a mild update of the ones his predecessor (Basenese) ran for the past couple years.
Would the Stock Gumshoe consider unravelling Robinson’s rubric?
I wrote about the original version here: https://www.stockgumshoe.com/reviews/lou-baseneses-trend-trader/trend-traders-the-secret-5-company-behind-elons-race-to-own-the-internet/
No big changes for the company since then, or at least no particularly positive changes. Still no connection with Starlink, probably never will be since that project uses its own antennas, still no real growth in revenue or profit.
VLEO – Very Low Earth Orbit – just in case somebody was wondering.
There is no such ticker