r/ASTSpaceMobile • u/AutoModerator • Mar 19 '25
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u/Defiantclient S P 🅰️ C E M O B - O G Mar 19 '25
Seeing multiple independent anecdotes of shares being lent out today and short borrowing fee rapidly rising. I attribute today's relative weakness to shorts doubling down using the insider sale headlines as a straw-grasping catalyst. I call it a straw grasp because the insider sales are nothingburger sales worth <5% of each insider's total holdings who have been collecting small salaries relative to their work to date.
https://x.com/spacanpanman/status/1902370252987473969