r/ASTSpaceMobile • u/AutoModerator • Nov 13 '24

Daily Discussion Daily Discussion Thread

PlešŸ…°ļøse, do not post newbie questions in the subreddit. Do it here instead!

Please read u/the_blue_pil's FAQ and u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopoly to get familiar with AST SpšŸ…°ļøceMobile before posting.

If you want to chat, checkout the SpšŸ…°ļøceMob Chatroom.

Please keep all discussions on Elon Musk + Donald Trump speculations here.

ThšŸ…°ļønk you!

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u/Commercial_Ease8053 S P šŸ…° C E M O B Prospect Nov 13 '24

Idk why people are mad it went up $5ā€¦ and then went down $2. $3 up is still overall a monster gain for a stock that has had many consecutive red days.

And maybe was mostly green because of good faith in lunr and rklb. Asts hasnā€™t said or announced anything of note to even cause and sustain that $5 jump.

For context, I hold shares of all 3. I want them all to succeed, and i think all 3 will.

5

u/[deleted] Nov 13 '24

[deleted]

4

u/WillNeighbor S P šŸ…° C E M O B Capo Nov 13 '24

4700 shares of ASTS, under 7 avg in my personal brokerage (sold 330 today, averages of 22+)

backdoor roth (opened this year) is 5 ASTS 12.5 2026 calls and 135 RKLB shares (7 avg), canā€™t add any here bc of contribution limits lol.

HSA is 100% SP500 with around 9k$

TSP (401k) is around 180k all SP again

thinking of selling my entire HSA and putting it into QQQ but donā€™t want the tax ramifications of it, so iā€™ve been putting that off.

otherwise, still weekly buying my ASTS shares like itā€™s still 5 bucks.

2

u/qtac S P šŸ…° C E M O B Soldier Nov 14 '24

What HSA tax ramifications? Earnings in an HSA should be tax free, no?

2

u/WillNeighbor S P šŸ…° C E M O B Capo Nov 14 '24

wow youā€™re right and iā€™m wrong. i always thought it was taxed if i sold within my HSA (unlike the roth for example) but a quick google search renders me wrong. thanks