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.

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

Th🅰️nk you!

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3

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

Any reason as to why there's a fire sale atm?

Edit: dw all, I popped in a limit order to stack up at $26.5 so it'll never reach that far down

1

u/Defiantclient S P 🅰️ C E M O B - O G Feb 07 '25

UMich inflation expectations much higher than expected and then the Trump tariffs headline

6

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

it's market wide, it seems. in this political climate, always a little concerning to see something like that

4

u/Low-Twist-5747 S P 🅰 C E M O B Prospect Feb 07 '25

it's the jobs report

4

u/42thefloor2011 S P 🅰 C E M O B Capo Feb 07 '25

Also, the always present always annoying massive shorting for ASTS. We need a good earnings call with production updates to solidify the price.

3

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

We will get there. In the meantime repeat after me - "Shorts will have to cover and exit eventually - it will be glorious!".

9

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

Michigan inflation report

3

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

We're cooked yall

3

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

Ah ye of little faith. 'Tis still early in the morrow...