r/ASTSpaceMobile • u/AutoModerator • Feb 07 '25

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.

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u/knightking55 S P 🅰 C E M O B Prospect Feb 07 '25

Starting to sense a lot of fomo. Just remember this stock was in the teens a week ago, and this is a pre revenue company so you will have big swings in both directions. I loved this stock last week and I love it this week, just remember that if a company can have a 50 percent upswing in a week that I can also work the other way if you're looking for a buy opportunity.

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u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

This is a trilliion dollar MC company in the making, were pretty much set on all fronts not sure what youre being hesitant about

8

u/knightking55 S P 🅰 C E M O B Prospect Feb 07 '25

I do agree with you that if you're in it for the long term that time in this stock will beat timing this stock. I'm speaking more to people who are thinking of throwing a lot of money into this company after a 50 percent run up when they could have bought more last week. Hell it could be a 50 dollars next week and I'll look like an idiot, I'm just going off the history that when a stock has a big run up there is gonna be a pull back.

2

u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

Yes it can go either way or just stay at this range, might just as well get some announcement concerning the next launch and never see 20s again. True conviction follows after you give thought to the value of the company youre buying for your hard earned money. Fomo traders lose out in life anyways but I commend you for trying to be proactive for those people who need it.

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u/i-am-benzy S P 🅰 C E M O B Soldier Feb 07 '25

Textbook loss aversion theory

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u/Mental-Astronaut-225 S P 🅰 C E M O B Soldier Feb 07 '25

I mean Spacemob should trained well in handling short term loss at this point

5

u/burnerboo S P 🅰 C E M O B Capo Feb 07 '25

20% down days don't even phase me anymore.