$AST SpaceMobile (ASTS.US)$
The CEO sold a lot of shares last night which might be the cause of price fall 😭
The CEO sold a lot of shares last night which might be the cause of price fall 😭
$AST SpaceMobile (ASTS.US)$ what's the reason for the drop 🥺
1
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FelixTW OP FANCY PANTS : But it doesn't make sense
They should spend money improving SpaceX's competitiveness in the satellite market instead of the stock market
FelixTW OP JoshCarter4 : Do you also invest in the company? If yes, how much faith do you have in it?
I really feel complicated with it because the CEO entered forward contracts for "financial planning" which has undermined market confidence (in my opinion)
FelixTW OP JoshCarter4 : Thank you so much for answering me that comforts me a lot.
The only thing I'm worried about is whether or not they're going to launch the satellites as expected in Q1 2025, since they postponed the launch (of first 5 bluebird satellites) some time ago, and that's caused the stock to crash a lot.
Do you think the stock price is supported at $23? I don't think it's a big deal if the Asts share price is only fluctuating a little bit, I just hope it's moving up in the long run.
FelixTW OP JoshCarter4 : I got it
I'll keep it in mind and keep an eye out for news on this company.
FelixTW OP JoshCarter4 : Even though I understand it's in the very early stage for the company, if ASTS drops to 15 I'd feel upset absolutely