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Eutelsat (lemmy.world)

submitted 13 hours ago by [email protected] to c/[email protected]

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Eutelsat used to trade at a price of 30€ per share and now the demand for Starlink alternative is on the rise. Do you believe that Eutelsat can return to its ATH or is this just big dead cat bounce? What's your thought

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[–] [email protected] 3 points 11 hours ago (1 children)

It can, but not in short term. Current spike in price was due to news in media. Probably will spike again if they manage to secure some funds from EU soon.

[–] [email protected] 1 points 11 hours ago

I Hope so .. I was afraid to buy-in after the two days of +200% - which thankfully was a correct decision.. However I caved in and bought-in today @6,6 .. which now seems like a correct decision .. hoping to do +30% gain on this one short-term.. we will see though