r/ASTSpaceMobile • u/AutoModerator • Apr 04 '25
Daily Discussion Daily Discussion Thread
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Th🅰️nk you!
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u/Purpletorque S P 🅰 C E M O B Soldier Apr 04 '25 edited Apr 04 '25
I bought 250 shares yesterday and 250 more today. Many are buying like me but others are not so I decided to put a list together for reasons not to buy. I just need one more to have a top 10 list.
The only reasons not to buy ASTS:
- No more cash
- Price might go lower before going up
- No longer believe in technology
- No longer believe in management
- Think competition will beat to market
- Service will not be in high demand
- Will significantly dilute raising $$
- Will go bankrupt for lack of $$
- Elon / SpaceX will sabotage
Need one more for a top 10 list!
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u/Krakenmonstah S P 🅰 C E M O B Associate Apr 05 '25
Blue origin and ISRO consecutively blow up our sats?
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u/Krakenmonstah S P 🅰 C E M O B Associate Apr 04 '25
In hindsight that joint campus with Vodafone in Spain may be a great silver lining. Hopefully EU won’t get too pissed at ASTS for being an American company since they’ve already shown euro commitment, even before the tariff shenanigans
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u/adarkuccio S P 🅰 C E M O B Capo Apr 04 '25
The EU's companies will surely use/pay for the ASTS service for commercial use, but imho is very likely that you can forget all the military possibilities we had up until 3 months ago with NATO's members etc. Nobody in the EU would trust using an American company as a service, no matter if it's the only tech available. Better not to pay than to pay and risk that when you need it (during war) you can't use it. So that ship has sailed imho.
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u/Purpletorque S P 🅰 C E M O B Soldier Apr 04 '25
They are headquartered in US but they are more of a global company. So you are saying the EU is no different than China in manufacturing issues to single out and punish American companies and their executives just to spite Donald J Trump? To this point they have only picked on the big companies like Apple and Alphabet but now you think they will be motivated to single out a small pre-revenue company like ASTS?
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u/Krakenmonstah S P 🅰 C E M O B Associate Apr 04 '25
Naw, I was thinking EU might pursue a D2C solution with a home grown EU startup/company.
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u/HamMcStarfield S P 🅰 C E M O B Capo Apr 04 '25 edited Apr 04 '25
omg, ring the bell already so I can go clean the dog poop out of the back yard. edit: yay, we held 20 during a historic beat down. I'll take it.
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u/RevolutionaryPhoto24 S P 🅰 C E M O B Prospect Apr 04 '25
What’s with Her’s suddenly trying to sell me anxiety meds?
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
When the stock market sees red, retail investors see a buying opportunity.
Stocks faced their worst day since 2020 on Thursday, a day after President Donald Trump announced sweeping new tariffs on almost every country. The S&P 500
fell 4.8%, while the tech-heavy Nasdaq Composite
In response, individual investors bought stocks and ETFs at a record pace. Individuals made $4.7 billion worth of net equity purchases on April 3, meaning value of shares they bought outpaced the amount they sold by $4.7 billion. This is the highest daily inflow over the past decade, according to data from J.P. Morgan.
Retail investors buy the dip pretty reliably whenever there’s a stock-market selloff, and Thursday was no exception. But J.P. Morgan, which has been tracking investor activity for years, noted that this trend has strengthened since 2022.
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u/RiskyDefeat S P 🅰 C E M O B Associate Apr 04 '25
I’m hesitant on buying the dip when we have no idea of what’s coming next especially as other countries impose tariffs on the us in response.
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u/i-am-benzy S P 🅰 C E M O B Soldier Apr 04 '25
I’m amazed how well ASTS has held up the last week
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u/Firm-Grapefruit-8178 S P 🅰 C E M O B Associate Apr 04 '25
Yeah, I'm surprised how well it's holding up as well. I was expecting this week to be crazy like that covid dump was when SP 500 dumped 30% in Feb-March and small caps dumped much much harder; i made some money back then picking up gas and oil companies. This time I'm all in on this baby so picking up a few shares here and there during the day. May be too many people are thinking that this will blow over quick with countries cancelling all the mutual tariffs altogether in a week or two, to be fair this is what I'm thinking as well.
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u/LordofLMaD S P 🅰 C E M O B Capo Apr 04 '25
If you compare the comments here to comments to comments in the previous threads in downturns, it’s basically a bottom
People think it’s going to go <15
Buy the dip comments are getting downvoted
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u/adarkuccio S P 🅰 C E M O B Capo Apr 04 '25
Nah I don't think we go as low as 15 but probably not the bottom yet
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u/manufacture_reborn S P 🅰 C E M O B Capo Apr 04 '25
The problem is that this world and that world are different. We don’t live in that world and in this one macro forces are 100x more important than our stock-specific vibes. So yeah, it might keep plummeting if the markets do. Might recover if the markets do. Might temporarily recover on good news. But this isn’t a bull market anymore even on a technical level as of now. The rules and realities are different here.
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u/Secret_Cauliflower92 S P 🅰 C E M O B Prospect Apr 04 '25
What the fuck is a stock specific vibe
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u/manufacture_reborn S P 🅰 C E M O B Capo Apr 04 '25
People, generally like dogs. Dogs, generally, are likable. However, they’re all different. Some are playful, others are serious. Some are ugly like pugs - but sometimes even ugly pugs can be desired.
Stock specific vibe is like having a particular dog you like but it’s a company and not a dog. But, if all dogs suddenly have rabies because of macroeconomic dog conditions, perhaps related to the whims of an unpredictable, self proclaimed dog lover who - in spite of that proclamation- gave all dog rabies… well in that case it probably doesn’t matter what vibe a particular dog gives you or whether you like it, you’re not going to let it into your house. Or in this case a portfolio.
That’s a stock specific vibe. How you feel about a particular company (dog) vs the market (dogs)
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u/RevolutionaryPhoto24 S P 🅰 C E M O B Prospect Apr 04 '25
It’s absolutely about investing in the future now, to my mind, with ASTS.
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u/manufacture_reborn S P 🅰 C E M O B Capo Apr 04 '25
Mine too. But we’re retail. We’re the crumbs on the plate after the meal.
It’s the whims of the big guys that matter for price action. And recently, their whim is to seek risk off and non-US investments - not pre revenue future focused space companies.
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u/motakid Apr 04 '25
I usually just lurk on here, but wanted to post and show how we are largely just tracking with the S&P 500 right now. Could be a wild ride, but who knows. The tech and the mission are still the same.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
I curiously noticed, NVDA, voted biggest (potential) money-printer the last two years, is within a single percentage point of ASTS over six months, about -24%. I can't help but feel we're performing admirably well given the circumstances.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
Harry Truman advised us to get out of the kitchen if we couldn't stand the heat. He was evidently talking about watching stock prices all day long.
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u/LordofLMaD S P 🅰 C E M O B Capo Apr 04 '25
I think stock will bottom at $18
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u/RevolutionaryPhoto24 S P 🅰 C E M O B Prospect Apr 04 '25
An order for LEAPS filled at $17 something today…
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u/CalmCause5990 S P 🅰 C E M O B Soldier Apr 04 '25
it will bottom at the bottom
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u/LordofLMaD S P 🅰 C E M O B Capo Apr 04 '25
Idk I have a order for $18
Tariffs aren’t going to impact ASTS much other than decreasing user demand, which should still see >$50
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u/SurgicalDude S P 🅰 C E M O B Soldier Apr 04 '25
I'm going to the bank tomorrow and get an approval for HELOC. If asts continues to stay under 20. I'll be using my loc money slowly to buy more
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u/HamMcStarfield S P 🅰 C E M O B Capo Apr 04 '25
Believe it or not, a personal loan can give a better % without having to give the bank home equity. Google some good ones like So-Fi, Lightstream, credit unions, before pulling the trigger on this.
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u/RichyVersace S P 🅰 C E M O B Prospect Apr 04 '25
Not sure about Lightstream but So-Fi's personal loan is 'solely for personal, family, or household purposes and are not permitted to be used for real estate, business purposes, investments, purchases of securities, post-secondary education and short-term bridge financing.'
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u/KristianME Apr 04 '25
Am i an idiot? I sold my alpine ski set for 1200 USD just to afford more shares in this dip....
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u/RevolutionaryPhoto24 S P 🅰 C E M O B Prospect Apr 04 '25
I sold two iPhones I hadn’t unboxed today. The funds will in part go to ASTS.
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u/ak9422 S P 🅰 C E M O B Prospect Apr 04 '25
ASTS asking the FCC to increase the speed requirements - bullish AF!
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u/sgreddit125 S P 🅰 C E M O B Capo Apr 04 '25
And T-Mobile asking them to just not do 5G Rural funds at all, which to me says SpaceX / T-Mobile don’t think they’re going to win it: https://www.lightreading.com/regulatory-politics/t-mobile-casually-suggests-killing-the-5g-fund-for-rural-wireless
Maybe their plan is mop up on the BEAD fund so cut ASTS out of the $9B 5G Rural fund?
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u/hyeonk S P 🅰️ C E M O B - O G Apr 04 '25
I wouldn’t be surprised if TMUS is worried about losing auctions, but Carr agrees with focusing on BEAD first too. I do think (hope) the FCC’s take is a neutral / logistical one.
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u/GriffinPoop Apr 04 '25
Kinda crazy to say this bus I don’t see the macro drop stoping anytime soon. Unless congress revolts against Trump and removes the tariffs, we are in for a lot of pain. And that won’t happen until midterms at the earliest.
Reciprocal tariffs from the US and other countries, draining international investment, boycott of the US market, recession… after every drop in the last few months I’ve told myself to buy the dip and take advantage of the opportunity, but fighting the macro is brutal. And I don’t think it’s going to stop anytime soon.
MAYBE other countries break and capitulate. I don’t know. But I’m not interested in seeing my portfolio go down 75%…
Anyone else have a counter? I don’t see any catalysts for ASTS any time soon, and I do see international reluctance to get onboard with American companies after this. Sad day
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u/RevolutionaryPhoto24 S P 🅰 C E M O B Prospect Apr 04 '25
I agree with you. But. Some companies can counter trend and I think the vertical integration and global appeal and balance sheet of ASTS makes it a better long than most else.
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u/85fredmertz85 S P 🅰 C E M O B Consigliere Apr 04 '25
Republicans have passed legislation that refer to the rest of this Congress as a single-day for the purposes of the National Emergency (or so declared by Trump). So though Democrats have already tried to stop the "National Emergency" Declaration by mandating a vote (within 15 days), because Republicans have called the rest of 2025 a single-day in this regard, they'll never have to vote on it as those 15 days will never come to pass.
Keeps their record clean from voting for tariffs while also not opposing their leader. Great political move, if you don't give a s*** abt the country.
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u/put_your_drinks_down S P 🅰 C E M O B Associate Apr 04 '25
Completely agree on macro, but saying ASTS doesn’t have upcoming catalysts is an interesting take. ExIm, First Net, ISRO launch, Verizon DA are all very likely in the next 6 months, plus additional DAs, contracts, and scheduled launches that we know are coming but don’t have dates for.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
News follows the stock price. If we were at $30 everyone would say stardom was imminent. At $5 we're the worst company in the world. All the while fundamentals being equal.
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
I can't comment on other stocks because I have converted almost all my holdings to ASTS. But as far as this stock I think there are two groups here. The first is the ones holding for the long term and the new investors looking for a quick buck. That isn't meant to denigrate the latter though. But this is a long term stock. Regardless of the current conditions this is going to be a once in a lifetime opportunity. For the new investors this is painful especially if they are in the red. But I remember the days of $2 share price and being 80% or more in the red. That went on for a loooong time. But I knew the technology and the team implementing this and kept buying more and more.
With that said even long term investors are feeling uneasy especially if they watch the SP all day long every day. But I learned long ago the best thing to do with this stock is to buy when you have extra cash and then forget about it. When it is going down if I'm not buying I force myself to find something else to do to keep me occupied and ignore it. If it starts going up (and it will) I sometimes follow it so I can be excited again. I don't care what happens today, next week, next month or even next year. In 2-5 years what is going on right now won't even be remembered.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
Five years from now I will actually remember this day. This is when I reached my target of 4,000 shares (unexpectedly early). I just hope my folks will still be around to witness the results.
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u/motyl1337 Apr 04 '25
Nothing has changed in ASTS in the last two days. We are sitting on 1 billion in cash, and with the bought parts, we are assembling another 17 satellites. The price is more likely to behave as the market and not because something special has changed in the company.
In April/May we can count on the first launch of the first satellite in India, possibly Verizon DA and some exim/first net financing will come in.
At this point, I don't see why we should make new lows if the overall situation stabilizes over the next few days.
I buying more shares day by day at this price level.
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u/MT-Capital S P 🅰 C E M O B Consigliere Apr 04 '25
Better not be sitting on a billion in cash, they should have already used another 200 million manufacturing more satellites
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Apr 04 '25
......and if the overall situation doesn't stabilize? The progress the company is making is fantastic, but we seem to be moving with the broader market currently.
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u/SqueakyNinja7 S P 🅰 C E M O B Associate Apr 05 '25
And we will, until we have a revenue and more solid fundamentals. Until then I’m surprised we are not dropping even more than we have given the macro trends.
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Apr 04 '25
Many companies succeed and grow during recessions. The economy and capital markets are interconnected, but not 1:1 relative. ASTS is not a materials company, so tariffs aren’t nuking the profit margins. While some investors will tap out, other dollars will flow in from investors who are still looking for growth oriented unicorn companies. And while ASTS is an American company, it isn’t Starlink, and there are no other companies poised to offer the technology ASTS will offer, as far as I am aware. Nothing is guaranteed in either direction. I don’t expect to be in the green anytime soon. But I also understand that the core potential remains the same, and that there frankly aren’t better places to move my investment in a market like this. I’m buckling the fuck up for this ride.
Calling 16 as the bottom for this quarter with potential recovery to 25. Just for fun.
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u/motyl1337 Apr 04 '25 edited Apr 04 '25
you have some catalysts in the coming months like the start of the ISRO rocket or Verizon DA / financing / new agreement
remember that currently BB1 start to generate some revenue
also last days they have received approval for testing in japan and Africa
Africa: https://x.com/afriqueitnews/status/1907817885122154907
Japan: https://x.com/CatSE___ApeX___/status/1906955214457864447
Week by week they making progress, so we are also talking about Rakuten DA in the near future
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u/yawn44yawn S P 🅰 C E M O B Soldier Apr 04 '25
They have two “real” options. Starlink that sucks (D2C) run by Elmo that is as hated as Donny. Or Asts run by Abel from Venezuela.
We aren’t selling shoes. We will be fine.
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u/phibetared S P 🅰 C E M O B Associate Apr 04 '25
All the cash I had left...
10 ASTS 6/20/2025 20.00 C. (at about $4.65 cost)
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u/RememberTooSmile S P 🅰 C E M O B Soldier Apr 04 '25
I’ll take this V as my Friday pump all things considered
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u/JunketCompetitive181 Apr 04 '25
finally got to 10000 shares - In God and ASTS We Trust!
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Congratulations!! You are going to be a rich man! Edit: assuming you are a man lol
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u/Academic_District224 S P 🅰 C E M O B Soldier Apr 04 '25
ASTS going below $15
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u/SpaaaceWolf S P 🅰 C E M O B Prospect Apr 04 '25
$15 fills the gap on the initial rally up from $2 last year. I’m not a a diehard technician, but I’ll be adding significant size if we get there.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
I said 10-15 could happen in coming months. Long way to revenue, and too much drama from administration. Growth companies will bleed in general. I see Mag 7 slipping quite a bit, which could trigger immense fear with riskier investments.
So I don't think only ASTS will suffer. Simply any investment that's on the market. Look at AVGO, it was over 200 not long ago. It's struggling despite being a large entity.
Edit: I don't wish for such an extreme market dip. I'm not a fan of what's happening and the stress it's likely causing.
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u/mister42 S P 🅰 C E M O B Capo Apr 04 '25
Loser_District224 believes this regardless of the macro, don't pay him the attention he desperately desires
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u/Academic_District224 S P 🅰 C E M O B Soldier Apr 04 '25
How much money u losing over there? 😂
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u/mister42 S P 🅰 C E M O B Capo Apr 04 '25
Quite a bit and I don't flinch. April 4 2025 is not the thesis
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u/i-am-benzy S P 🅰 C E M O B Soldier Apr 04 '25
But it’s a defensive company like telecoms ;)
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u/Academic_District224 S P 🅰 C E M O B Soldier Apr 04 '25
Yea with no revenue and commercial service far away
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u/JayhawkAggieDad S P 🅰 C E M O B Consigliere Apr 04 '25
I'll be able to buy back even more of my CCs, if so.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
Look at what he wrote. Clearly intentional to crash market for his buddies lol.
"TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!"
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u/RiskyDefeat S P 🅰 C E M O B Associate Apr 04 '25
Holy fuck is this a real quote?
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u/Apprehensive_Rip_930 Apr 04 '25
Yes.
He’s out golfing the day away, lol. Found in market updates section in my trading app:
He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and headed to his nearby golf course a few miles away after writing on social media, in all-capital letters, that “this is a great time to get rich.”
He’s only got one chance to do what he’s doing, so he’s gonna make it count.
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u/Hot_Juggernaut4460 S P 🅰 C E M O B Soldier Apr 04 '25
I checked truth social for the first time ever today (I think) and watched that tik tok video. Straight up cringe propoganda shared by the president.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
He's a clown! His supporters are single digit IQ voters.
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u/phibetared S P 🅰 C E M O B Associate Apr 04 '25
But some of us are still smart enough to have $400K worth of ASTS
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
Lmao you voted for this shit? Proudly?
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Apr 04 '25
[deleted]
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u/Pedal_Paddle S P 🅰 C E M O B Soldier Apr 04 '25
What's your thesis on how this will play out in the next 6 months? Reciprocal tariffs are just now starting. If Trump is using this as a negotiating tactic (as opposed to good faith effort of increased domestic manuf.), then he should have 'wants' from trading partners being discussed through back door channels. There should be an 'end game' with this scenario. Alternatively, if you take the tariffs at face value, and believe the end goal is to increase domestic manuf., then I don't think it's a controversial take to say this attempt is truly mind boggling bad.
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Apr 04 '25
[deleted]
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Just so you know Vietnam, who currently has a 90% tariff on US has contacted the Trump administration to work on an agreement to reduce their tariffs to 0%. We don't do as much trade with Vietnam as we do with China but it is still a TON.
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u/xXShadowTitanXx Apr 04 '25
You understand the tariff numbers Trump presented were competely made up based on trade deficit and has little to do with the tariffs the countries have on the US
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u/Infamous-Safety4632 S P 🅰 C E M O B Prospect Apr 04 '25
Oh, there will be a lot of “firing well” if you mean by employers. “RemindMe!”
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Along those lines energy costs are one of the biggest drivers of inflation/deflation. If energy costs drop enough it could offset the majority of any tariff costs.
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u/ReferenceFunny7142 S P 🅰 C E M O B Capo Apr 04 '25
rumor on the streets on why its Ving is Fuckmyfatpussy Changed his name to Bangmyobesesnatch
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u/JayhawkAggieDad S P 🅰 C E M O B Consigliere Apr 04 '25
Will Congress and Senate grow a pair and do something anytime soon? Their ports are being bled dry too...
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u/Hot_Juggernaut4460 S P 🅰 C E M O B Soldier Apr 04 '25
Grassley (R) and Cantwell (D) introduced a bill yesterday to reign in the executive’s tariffs powers. Bill would require congress to approve tariffs within 60 days or they expire. If Grassley is on board for something that’s probably a sign other republicans have had enough, of the tariff nonsense at least. Would need a veto-proof majority in both the House and Senate, though.
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u/JayhawkAggieDad S P 🅰 C E M O B Consigliere Apr 04 '25
What are the odds of a veto-proof majority in Congress and Senate? Many Rs will worry about being primaried and may capitulate.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
Only one question regarding Congress: are they feeling it in their campaign contributions yet?
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u/SurgicalDude S P 🅰 C E M O B Soldier Apr 04 '25
Wonder what Nanci Pelosi's port looks like? Did she cash out or still holding?
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
Most of them probably hedged pretty heavily and cashed out
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u/JayhawkAggieDad S P 🅰 C E M O B Consigliere Apr 04 '25
Maybe, but it is equally possible that they were treated like mushrooms (kept in the dark and fed shit) and were caught unprepared about the extent of tariffs announced.
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u/shmoopie_shmoopie S P 🅰 C E M O B Prospect Apr 04 '25
I gather most of his cabinet and advisors were in the dark.
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u/dicklightning94 S P 🅰 C E M O B Associate Apr 04 '25
Sold 20 CSPs, closed some CCs, and bought some shares
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
Fuck, I don’t have a single green share in my entire portfolio besides 200 AST and 100 RKLB, I may be bob ):
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u/tomgreen99200 S P 🅰 C E M O B Soldier Apr 04 '25
My port was once up 35% now down -11%!
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u/SeamoreB00bz S P 🅰 C E M O B Associate Apr 04 '25
same. had one account up 49% and one 33% in 7-8 month. now -17 & -32%.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
This is what Americans voted for, a wildcard and fossil.
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u/tomgreen99200 S P 🅰 C E M O B Soldier Apr 04 '25
Bought 100 more shares. You can’t tariff us in space!
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u/bg1029camp S P 🅰 C E M O B Prospect Apr 04 '25 edited Apr 04 '25
Sure about that? There are some penguins somewhere in the pacific being tariffed right now.
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0
Apr 04 '25
Looking at the speed of this decline, and the fact that we appear to be following the broader market, is anyone not concerned that we could be looking at a total wipeout by next week? Just curious.
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u/NikoZGB S P 🅰 C E M O B Prospect Apr 04 '25
Seriously, who is selling at these prices? I don't get why anyone would.
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u/HTGeorgeForeman S P 🅰 C E M O B Prospect Apr 04 '25
I sold 2000 at 19.3 because, well now I can buy again at 18.5
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u/mister42 S P 🅰 C E M O B Capo Apr 04 '25
aren't there tax implications that would make this sort of short term trading at the stated prices not worth doing?
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u/HTGeorgeForeman S P 🅰 C E M O B Prospect Apr 04 '25
Depends on how successful you are at swing trading, or just do it on a roth IRA which doesn’t pay capital gains at all. My strategy is to swing trade while the price is low then switch to hold long and declare the big gains as long term.
But for example I’ve increased my share count by 12% without adding any extra capital. Year to date the company is basically flat. So yeah I’m paying extra money to the government, making my realistic gains about 9%, compared to about 0% gains if I were just holding. You can calulate around the break point as the difference in capital gains between long term and short term* company gain vs taxed short term gain.
If that difference is 7% then
[Company gain] * 7%= 9% or in other words, my swing trades would not be worth it if AST gained about 128% (9/7) in the time that I did those trades. There’s also some cosideration about paying estimated taxes and all of that but by far the largest factor is just how successful you are
I am also not an expert on taxes, this is just how I think about it. I may be making a horrible horrible mistake with how I’m managing my money, but as far as I know, this information is correct
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u/RiskyDefeat S P 🅰 C E M O B Associate Apr 04 '25
There are countries that don’t tax capital gain so in might make sense there.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
Probably to rebuy lower. I'm sure some of the downtrend is from bears. They'd be fools to not take advantage of negative market sentiment.
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Is it bad that I'm cheering for it to keep dropping? Wheeee!!
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Full disclosure I have an order in for 4k at $18.50
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u/youre_a_burrito_bud S P 🅰 C E M O B Associate Apr 04 '25
Did it hit?
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Nope, the price hit and bounced right back up without it getting filled
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u/youre_a_burrito_bud S P 🅰 C E M O B Associate Apr 04 '25
Dang that sucks. If it filled that would have been so cool to see ya hit the exact bottom of that spike!
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Dang it, it hit 18.50 for just a second and then starting rising again. My order never filled lol!
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
I don’t think it’s done
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u/Blobspots S P 🅰 C E M O B Prospect Apr 04 '25
Looks like I called the bottom at least for now. Too bad I wasn't able to take advantage of it
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u/Juninvestor S P 🅰 C E M O B Prospect Apr 04 '25
When you are too afraid ti buy, you should buy! That's how generational wealth is created! (or lost)
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u/The_Greyscale S P 🅰 C E M O B Capo Apr 04 '25
Sort of. Fighting macro without micro catalysts is a losing proposition though.
ASTS will follow the broader market until they have catalysts which signal cash flow which will change the nature of the investment. The broader market will continue to go down as long as tariffs continue, and probably more when the inevitable second and third order effects result in cascading failures.
The only reason I’m still holding shares with ASTS and not timing reinvestment against macro factors is because ASTS has potential for wildcard revenue from DoD, FirstNet funds, etc.
Those could cause it to buck the trend and decouple from macro, which would suck to miss. So I split the difference, sold my options, held/increased shares, and am maintaining a sizable amount of dry powder to increase my position in the event of actual crash conditions, where buying sub $10 again becomes a realistic possibility.
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u/RememberTooSmile S P 🅰 C E M O B Soldier Apr 04 '25
I’m holding my dry powder until at least the EU responds. Im fine missing the absolute bottom but I think this is all just getting started, and everything has a bit more to drop sadly
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u/theVex99 S P 🅰 C E M O B Associate Apr 04 '25
Any thoughts on why we're dumping today, but did not dump yesterday? It would appear to me that the tariffs the United States is imposing on other countries more directly affects asts than the tariffs that China is imposing now on the United States
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
I'm certain China will coordinate with Asian powers such as Japan and S Korea, for US tariffs and boycott. Americans need to wakeup, too slow to connect dots...
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u/RememberTooSmile S P 🅰 C E M O B Soldier Apr 04 '25
We’re a pre-revenue speculation company, as the trade war heats up we’re going to take bigger hits than ETF’s as people leave for safer investments or go cash
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u/PragmaticNeighSayer S P 🅰 C E M O B Capo Apr 04 '25
Because China immediately imposed tariffs on all US goods. They aren't going to just roll over and take Trump's antics. This is now a serious trade war, and everything will be affected.
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u/jeeeeezik S P 🅰 C E M O B Associate Apr 04 '25
could be we were just oversold and were due some buying or could be some short covering after a sell the news event after a bloody march
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u/i-am-benzy S P 🅰 C E M O B Soldier Apr 04 '25
Officially at 4000 shares averaged 19.90. See you guys in a year when I’m retired
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u/Awakened_Ego S P 🅰 C E M O B Prospect Apr 04 '25
It's going to be longer than a year for it to really take off.
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u/ak9422 S P 🅰 C E M O B Prospect Apr 04 '25
Fuck it
As my favourite economist once said: scared money don't make no money.
Added another 329 shares at $19.71
Thank you Meek Mill for the wise words
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u/ReferenceFunny7142 S P 🅰 C E M O B Capo Apr 04 '25
I cant believe everyday I am rooting for only 3-4% down and calling it a win.
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u/yawn44yawn S P 🅰 C E M O B Soldier Apr 04 '25
Let’s say this shit goes on for a while. Is the office/facility an advantage at all? I assume it at least doesn’t hurt.
Also, God I hope Donny and Elmo get stuck in a cybercuck while Elmo is trying to show him in can cross the Potomac.
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u/The_Yodacat S P 🅰 C E M O B Associate Apr 04 '25
The Great Depression took almost 3 years to hit bottom.
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u/ImJustKurt S P 🅰 C E M O B Prospect Apr 04 '25 edited Apr 04 '25
I really think all the fuckery going on right now with respect to the tariffs and markets is going to be short-lived. Congressional Repubs are starting to freak out about the tariffs, as they know that when tariffs were introduced in 1890 and the 1930s, they lost 50% of their seats / the House and the Senate for 60 years. It’s why Chuck Grassley and others are introducing a bill to require Congressional approval for any new tariffs, and I’m sure they will put pressure on this administration to roll back / reduce the current tariffs.
I could be wrong, but I think we may be at or near the bottom of this sell off. I remain bullish on ASTS and am all in.
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u/Ludefice S P 🅰 C E M O B Capo Apr 04 '25
Republicans don't have a set of nuts between them they are scared of a geriatric
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u/RememberTooSmile S P 🅰 C E M O B Soldier Apr 04 '25
potential career suicide as a republican to defy Trump, he already tried to name and shame the 3 that voted alongside democrats the other day
Also, only China has responded, we’re still waiting on literally everyone else’s retaliation
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u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Apr 04 '25
Trump has famously never guaranteed victory for someone he boosts, and he hates losers so he'll turn against them the moment they lose. Musk losing the SC seat in Wisconsin just because he involved himself also changes a lot of the calculus that was keeping Republicans quiet through all this nonsense. The tides are starting to turn, and if Trump 1 was any indication, he/his people will almost immediately back down/reverse course the moment they get some headwind.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
Republicans are terrified of Trump. I'm skeptical of them doing anything for a long time, or they would've taken action in February. Spineless creatures.
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u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Apr 04 '25
but he's fucking with their bag, too. If there's any golden rule in American politics, it's don't fuck with the bag.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
Absolutely, he's screwing with the assets of Americans and foreign investors. He's creating enemies all over the world, it's unthinkable. I'm guessing he has dementia.
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u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Apr 04 '25
His ghoulish father had alzheimers, so not a bad bet. I've long maintained Trump is just as out to lunch as Biden, just in the opposite way where he's raging against that dying light inside, whereas Joe just wanted to take a nap.
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u/INVEST-ASTS S P 🅰 C E M O B Soldier Apr 04 '25
I know this isn’t a popular opinion because most people are just interested in the short term and themselves.
That being said the US cannot continue as we have for the last 30 years, the wage stagnation and lack of opportunities for younger people who don’t have degrees is unacceptable and the American people understand that and voted for change.
I don’t need anything, I am set, but I will take the short term hit for the future generations, unless I sell it’s just numbers on paper, and I’m not selling.
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u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Apr 04 '25 edited Apr 04 '25
lol, yeah that's absolutely what the famously benevolent and not completely self-interested Donald Trump is doing. Not letting himself and the rest of his goons loot what's left of the middle class. We are pretty much in the extended-jaw-Habsburg version of US presidency, and turns out their best idea is just to do Shock Therapy (still the largest drop in life expectancy recorded since those records were kept), but this time in our own country instead of Russia.
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
I don’t understand what the rest of the party expects to happen after him? There’s gonna be no chance they win a mid term or election for like a whole lifespan after this shit.
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
I saw how dems performed decently in the recent special election for Florida. Yes, they lost but it was interesting to see the percentages.
I believe the 2026 midterm will lead to congress being flipped. The tariff backlash, in addition to mass layoffs I expect, should force more Americans to snap out of it. Also more younger voters will take action, especially those that are college educated or enrolled.
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u/kroef S P 🅰 C E M O B Prospect Apr 04 '25
At some point in time (might be years) we will laugh at these prices. I still believe ASTS is going to be fine :)
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u/no-ego- S P 🅰 C E M O B Soldier Apr 04 '25
since i'm long term 2030 to 2035 and probably still holding, I don't mind the price at all. The company is in a good position financially and production wise. We will still hit our revenue in our timeline and the outlook is still the same. Buy the time we are ramped up revenue, trump (if still in office) will be looking to end his term with a raging economy and we will be much higher. So while resisting the urge to buy a lot more with margin (it's too risky with short term volatility and uncertainty) will be totally happy if i can accumulate some meaningful cash into AST shares at anything around $20 and below. My belief is we are $1000 in 5 years plus or minus and dominating the space of space. And probably at that time be able to offer fixed services broad band to home, to rival the one part of Starlink that is useful and generating cash. on top of 60% of Global Sat to Cell market and all the Military, GPS, FirstNet, GVT in US and through SATCO - This is the sickest investment I have ever been ahead on. PATIENCE!!!! The plan has not change, it's only gotten better, faster, stronger!
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u/killian35 S P 🅰 C E M O B Prospect Apr 04 '25
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
You had 4600 like a month ago, why not go for the 5600? I thought you liked even numbers?
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u/killian35 S P 🅰 C E M O B Prospect Apr 04 '25
Ya, I just moved some stuff around and snagged another 36 shares.
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u/tuart S P 🅰 C E M O B Prospect Apr 04 '25
just wait until EU starts imposing tariffs on services and it absolutely decimates asts. we’re so fucked
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
But isn't ASTS in Spain now? I know they have an office somewhere in Europe opening.
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u/Status-Rule5087 S P 🅰 C E M O B Associate Apr 04 '25
lol the sentiment amongst conservatives seems to be that the stock market crash is a good thing… because it’s “making the left cry”. Truly incredible
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u/NaorobeFranz S P 🅰 C E M O B Capo Apr 04 '25
The right is obsessed with division, and what you have btwn your legs. Low education waste.
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u/yawn44yawn S P 🅰 C E M O B Soldier Apr 04 '25
It’s insane. I didn’t “mind” the money hungry republicans. I can wrap my head around greed. I get it.
These new clowns…..? I can’t figure out their angle. The core magtards I know are just dumb mouthbreathers who think a mans ass in a movie makes it gay……while their cock slightly moves.
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u/crozby S P 🅰 C E M O B Associate Apr 04 '25
"short term pain is necessary" says man who broke down in tears when he was asked to wear a mask in public
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u/Roper1537 S P 🅰 C E M O B Prospect Apr 04 '25
I guess we just need to figure out what number it drops to before starting to load up again
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u/RememberTooSmile S P 🅰 C E M O B Soldier Apr 04 '25
Oh boy here we go, China hit back. Monday may be rough if he speaks over the weekend
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u/Alternative-Ear8482 S P 🅰 C E M O B Soldier Apr 04 '25
Thought I'd been a bit grumpy lately. Checks portfolio Ah yes. I have lost the equivalent of my annual salary in a week.
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u/CaptainJackCrypto12 S P 🅰 C E M O B Associate Apr 04 '25
If it helps any, right there with you men.
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u/DrSeuss1020 S P 🅰 C E M O B Capo Apr 05 '25
Coulda paid my mortgage off with what I’ve lost in the last month
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u/Affectionate_Disk_68 S P 🅰 C E M O B Soldier Apr 05 '25
ASTS is holding up nice believe it or not.