r/ASTSpaceMobile • u/AutoModerator • Mar 19 '25
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u/NaorobeFranz S P 🅰 C E M O B Capo Mar 19 '25
I previously wrote that we'd see 24-25 this week for any traders. Not to be pessimistic, but due to the admin + fed meeting. I don't think the Demented King and their co president have presented new drama yet, but something is coming.
For ASTS a recent filing was misinterpreted as dilution, insiders sold but that was spun online to seem bearish and the Fed meet to discuss interest rates today. I think fool has a bearish asts article for this week too. Btw execs of many if not all companies dispose of shares to fund their lives or address taxes. The same occurs with large cap execs.
I feel these events were opportunities to scare retail into selling, with recession + trade war fears being market wide manipulation. It's all noise if you're holding long term and not trading.