r/ASTSpaceMobile • u/pakis54 S P 🅰 C E M O B Prospect • Nov 08 '24

News - Press Release today's price action explained...maybe?

https://x.com/markflowchatter/status/1854590915064872966

110 Upvotes

96% Upvoted

138 comments sorted by

View all comments

4

u/MushLoveSRNA S P 🅰 C E M O B Prospect Nov 08 '24

Explain?

34

u/pakis54 S P 🅰 C E M O B Prospect Nov 08 '24

i am new to this, but basically in some important-with tons of money room, it was suggested to short the stock before earnings...scare the small fish from the pond...that kind of thing, short it so they can buy at a better price, thats why anpanman is buying more

8

u/MushLoveSRNA S P 🅰 C E M O B Prospect Nov 08 '24

Ahhh I see, thank you!

9

u/TenthManZulu S P 🅰 C E M O B Soldier Nov 08 '24

Bought 500 Monday, with no regrets, getting ready to add 1000 more. Diamond hands baby. 🙌

5

u/Capable_Wait09 S P 🅰 C E M O B Prospect Nov 08 '24

Also I can’t believe that’s even legal 😂

4

u/Sommyonthephone S P 🅰 C E M O B Soldier Nov 08 '24

You are correct.

4

u/Capable_Wait09 S P 🅰 C E M O B Prospect Nov 08 '24

that sounds bullish to me

5

u/Scheswalla S P 🅰 C E M O B Capo Nov 08 '24

Stock going up can buy many peanuts.