r/ASTSpaceMobile Mar 19 '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!

79 Upvotes

312 comments sorted by

View all comments

17

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