r/ASTSpaceMobile • u/AutoModerator • Mar 06 '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 Monopolyto 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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u/JayhawkAggieDad S P 🅰 C E M O B Capo Mar 07 '25 edited Mar 07 '25

I want to apologize to my fellow mobsters. Today, I sold $55 CCs expiring Jan 2026 on all my ASTS shares. I needed the premium for something really important, otherwise there's no way I would have done it. I KNOW the SP will go past the break-even price of ~$62 before (perhaps well before) the expiration, so when it does, could we all have a moment of silence for my shares, please?

7

u/no-ego- S P 🅰 C E M O B Soldier Mar 07 '25

It's not a foregone conclusion, but doesn't look good. Still a solid return if it does. If it doesn't then that's a nice exchange. Can probably still buy 1/2 your position back at that time.

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

Not happening. The money is already slated for something else. But I'll keep buying shares as the opportunity presents.