The #Spacemob has been telling you guys about ASTS for 2 years now and the time of reckoning is finally upon us. Check my previous detailed DD right here:
- AT&T and Google are onboard
- Verizon is onboard
- Vodafone is onboard (early investor)
- FirstNET is most likely onboard (check AST sub for most recent tweets)
- 5 BB1 satellite launch happening in 2-3 months
- 25% of float is currently short and ALL are underwater since price is rocketing. Talk about rock and hard place.
Like everyone here I've had my fair share of laughs around ASTS but this is no longer a joke
Positions or ban:
Disclaimer: None of this is financial advice. I'm an idiot and so are you if you take me seriously. I'm still learning to flip pancakes
ASTS: This is no longer a joke (+$100,000 position)
byu/FootoftheBeast inwallstreetbets
Posted by FootoftheBeast
21 Comments
It’s a great opportunity! 🍀
Just sold 500/600 of my shares at $10.80, seeing it on WSB this much is a massive sell signal
6k shares and holding!
ASTS TTM🚀🚀
Can’t wait for next year 🥰🥰 and then the year after
I have 3 $4 Jan’25 calls, which I bought at 0.7. Going to let it ride all the way
This threads feels weird…
edit: its more normal now but the first like 7/8 comments were definitely bot like “I’m bought in” “It’s a great opportunity.” I’d avoid this stock without your own research
🚀
Take a look at the Aug 2 options in Robinhood. What’s going on there? No other week has that kind of movement.
I’m at 1200 shares
I’m not American and poor.. Im in with my 30 shares
How do they generate income?
I’ve only got ~ 1k shares, but going to keep buying and holding long
10k shares myself and I ain’t selling!
This could be the play. Was this an IPO or a SPAC?
2k shares, $9.60 average so got them relatively recently. Let’s go!
Point 6 should be deleted because people have been correlating high short float to price rocketing to some insane number when the system halts stuff.
I’m only looking at the numbers on the quarterly report and guidance to know if what ASTS is doing is meeting or beating EPS.
THIS TICKER IS PRONOUNCED ASSTITS 
Grinder is also on board ! They are the official app used by ASTS employees ! If you notice the stocks are moving together now as one.
Not trying to be a hater but what makes this a good entry point? Market cap of 3b, only 500k TTM revenue, losing almost 200m TTM. How are they going to 100x their sales?
Fuck why do I always miss this shit!!! How you guys stay on top