$AST SpaceMobile (ASTS.US)$ If the prospect of upcoming offe...
$AST SpaceMobile (ASTS.US)$ If the prospect of upcoming offerings surprises you then you don't know how this kind of company works. Filing for an offering while simultaneously communicating about how it will be used is very bullish for long term investors and ensures there will be dips in price for traders and new investors to take advantage of. The only people who it's bad for are the loons who only do short term trades based solely on technical analysis and momentum who will get caught off guard in moments of greed.
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KingNY-Life :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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VijayG : Well said
scarlight : wake up to see -14% is still crazy anyway
Nisdey scarlight : This is a strong argument for day-trading.
Imagine the horror to see $Berkshire Hathaway-B (BRK.B.US)$ down 3% at the same time. That stock I have never minded holding overnight, but this came as quite a shock.
scarlight Nisdey : Yes, but it is supposed to happen. the share has been going up to all time high very consistently for 2 weeks. This dilution though, is not predictable.
Nisdey scarlight : neither was that FUD article about $Berkshire Hathaway-B (BRK.B.US)$ , it's not surprising that the valuation of BRK has been more than the sum of its constituents. how could that be possible when the company has been actively reducing its exposure to the stock market quite publicly over the last month or 2.
Some idiot writes an article pointing this out like it's a bad thing, and boom, a 4% single day drop in a stock that most would consider to be the Stock market's version of a stable coin.