Opinions
Patrick Horan
Gogo Inc
GOGO-Q
COMMENT
Nov 11, 2013
$24.150
Stock price when the opinion was issued
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COMMENT
Looks to be at an interesting entry point. Percentagewise it has come off again. He would not want it to break down through $10. He likes what this is doing right now, but is going to take a little bit of time to get out of the area where it is in. At this stage, he would be a buyer, not a seller.
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In-flight entertainment. Doesn’t know the company well. Feels that bandwidth and connectivity is insatiable. We will never be able to get enough of it and we are in a secular growth mode for this higher sector. Whether you are sitting in an airplane, bus station, etc. it makes sense to be connected and people will pay for that. This company is seeing the results of that.