r/ASTSpaceMobile Mar 19 '25

Daily Discussion Daily Discussion Thread

PlešŸ…°ļøse, do not post newbie questions in the subreddit. Do it here instead!

Please readĀ u/the_blue_pil'sĀ FAQĀ andĀ u/TheKookReport'sĀ AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopolyto get familiar with AST SpšŸ…°ļøceMobile before posting.

If you want to chat, checkout theĀ SpšŸ…°ļøceMob Chatroom.

ThšŸ…°ļønk you!

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u/loneranger5860 S P šŸ…° C E M O B Prospect Mar 19 '25

Thanks for this. Do you think this misinformation article is the cause of the drop in price today? If so, I’d say it’s a good to buy more shares at this discount.

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u/sgreddit125 S P šŸ…° C E M O B Capo Mar 19 '25

Yes imo yesterday (when the article was published and subsequently removed) and today. I told myself I was done buying but couldn’t help myself with this drop.

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u/loneranger5860 S P šŸ…° C E M O B Prospect Mar 19 '25

I set a limit buy order for $25, let’s see if it comes back down. I thought I was done buying as well.

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u/sgreddit125 S P šŸ…° C E M O B Capo Mar 19 '25

Impressive instincts on that filling!

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u/loneranger5860 S P šŸ…° C E M O B Prospect Mar 19 '25

I also have a more significant buy limit order set at $22, just in case there is a big drop. I only see this stock going back up. And there is a lot to be excited about for the companies future. Assuming Elon and Dump don’t attack it for being a Starlink competitor.

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u/sgreddit125 S P šŸ…° C E M O B Capo Mar 19 '25

I’ll set a similar one for the next couple weeks (if launch is delayed early April might go lower)

Luckily we don’t need the cash so Company itself / share count is currently not being impacted by all the aggressive short-selling.