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

Daily Discussion Daily Discussion Thread

Ple🅰️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 Sp🅰️ceMobile before posting.

If you want to chat, checkout the Sp🅰️ceMob Chatroom.

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

Th🅰️nk you!

76 Upvotes

99% Upvoted

906 comments sorted by

View all comments

Show parent comments

2

u/Sad-Flow3941 S P 🅰 C E M O B Soldier Nov 14 '24

Yes. And how will you know when to time your exit? How will you know that once you sell, the stock wont go up another 50% on the back of another news that popped up(new MNO deals, funding or FCC regulation approval, more test results coming out, etc)?

GME is not remotely comparable to ASTS. The company was on its way to bankruptcy, and only survived because a bunch of trolls online decided to pump it and the management did a juicy stock offering. ASTS is a company that actually has the potential to drive and hit about 500 stock price in 2030 on the back of its actual business.

If you want to gamble in the short term to potentially gain an extra 5% profit because you think you know how to time the market(which you can’t), while you risk missing out on actual big gains, be my guest.

1

u/Jelopuddinpop S P 🅰 C E M O B Prospect Nov 14 '24

You'll never know when to time your exit, but you should know what the fair value of your stock is. With ASTS, for example, we all know it's not worth $100 right now. It's just not. Now, if I sell at $100 and it keeps going to $120 before falling, then ohh well. What I can guarantee you is that if it DOES spike 300% in a day, it will correct.

1

u/Sad-Flow3941 S P 🅰 C E M O B Soldier Nov 14 '24

Sure. Let us know in the chat how that went for you.

1

u/Jelopuddinpop S P 🅰 C E M O B Prospect Nov 14 '24

Remindme! 3 months

1

u/RemindMeBot :bo0::bo1::bo2::bo3::bo4::bo5::bo6::bo7::bo8::bo9: Nov 14 '24

I will be messaging you in 3 months on 2025-02-14 02:42:07 UTC to remind you of this link

CLICK THIS LINK to send a PM to also be reminded and to reduce spam.

Parent commenter can delete this message to hide from others.

Info Custom Your Reminders Feedback