EchoStar: Is SATS Stock A Buy After 70% Rise?
1. EchoStar stock surged 70% after $23 billion spectrum sale announcement. 2. EchoStar carries $30 billion debt but gains liquidity from the sale. 3. Company revenues have declined 3.4% annually, worsening recently. 4. Ongoing losses and poor profitability metrics raise operational concerns. 5. EchoStar's low valuation may offer upside for patient investors.