What is making ASTS / SNDK so special rising up to 400% / 800% Year?
According to the image
ASTS – https://imgur.com/a/4o9YiFm
SNDK – https://imgur.com/a/Ws9CECL
ASTS – The company is bleeding income, great sales q/q but bad margins
Is it because of a space race or government contracts?
SNDK – Company is in the hole for income, good PEG, bad return on assets/equity, bad profit margins
Looking at these numbers I wouldn't want to invest or I can just imagine how the numbers were a year ago, what made people want to invest in this company? What is causing the rise?
I personally invested in SNDK a few months ago because of storage devices, no other company i know of that creates storage despite bad numbers
What is making ASTS/SNDK special? $4 to $118? / $38 to $406
byu/brian-augustin ininvesting
Posted by brian-augustin
11 Comments
[https://finviz.com/map.ashx?t=sec&st=fpe](https://finviz.com/map.ashx?t=sec&st=fpe)
SNDK rose in the past because even after huge growth it has a forward PE of 15, while making a product investors think will continue to be desired. Obviously it is not as good a buy as it was six months ago in hindsight, but it still seems likely to outperform VOO this year.
ASTS is partly a short squeeze.
SanDisk is flying because hard drive costs are going through the roof and they make hard drives
ASTS is pre-revenue. In 1 year, if they get the satellites up, it will be a very very different story. They have de-risked a lot over the past year and have cash to build out their constellation.
https://www.kookreport.com/post/ast-spacemobile-asts-the-mobile-satellite-cellular-network-monopoly-please-find-my-final-comp
You can spend five minutes to DD on AST and short the company, or spend 2 hours to actually read the linked DD and decide whether this is a scam company or with actual potential more than you can imagine
mCap and prioritization
‘Bleeding income’ my brother in christ its a pre-revenue company.
It shot up like crazy last 2 years because of the potential and now execution/contracts. Do some basic DD atleast
I’m not sure OP even knows what ASTS is based on their description.
First thing you need to do is ditch your rear view mirror and start looking forward in time.
Holy shit. Have a friend who works at Sandisk. He’s probably thinking of retiring off of his RSU’s right about now lol
ASTS is a pre revenue company, why are you talking about margins and current income? It’s a stock that trades on narrative, sentiment, and whether you believe their satellites and business model will be transformative. I do which is why I have a small position.
fomo and bubble