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EchoStar: A Strong Buy On The Back Of A Landmark SpaceX Deal (NASDAQ:SATS)

Yesterday, EchoStar (NASDAQ: SATS ) announced SpaceX ( SPACE ) is buying its AWS-4 and H-block spectrum licenses. SpaceX is paying 8.5billionincashand8.5 billion in cash and 8.5 billion in equity. SpaceX has also agreed to cover $2 billion of EchoStar’s debt interest payments through NovemberBram de Haas brings 15 years of investing experience to the table and has over 5 years of experience managing a Euro hedge fund. He is also a former professional poker player and utilizes his bundle of risk management skills to uncover ...