ASTS is absolutely ripping on massive volume today, blowing right past $115. The volatility on this thing is just insane, it gets hyped up one minute, then gets slammed the next just because some analyst calls the valuation 'unreasonable.' But retail doesn't seem to care; they’re still piling in like crazy. Plus, the latest update shows they’ve secured over $1B in contract commitments with strong interest from partners. It feels like a mix of a retail frenzy and a legitimate tech story. Honestly, do people think there’s still meat on the bone here, or is the bubble about to burst?
Is ASTS really going to blast off and moon?
byu/Happy-Acanthaceae372 instocks
Posted by Happy-Acanthaceae372
20 Comments
No. One. Knows.
$300+ stock
It’s just another meme stock, although basically everything is these days it seems. I dont say that to demean the company or anything, but look at how much this stock is pushed on Reddit. The bank I work for literally has a team dedicated to trading meme stocks and this one is included.
Maybe they live up to their value, maybe they dont. It’s supremely speculative.
I would personally sell all at this evaluation.
The current valuation is high. If there is execution and a future (i.e., the product works and is widely available), there will have been no bubble, and the value will potentially soar much higher than it is now. However, if there are execution issues, the story could be different.
Short answer: yes. Long answer: hell yeah.
Well for some it already a moonshot when they bought at under 3 dollars and held. Not me but I am happy with my gains and believe it will go further.
I will once I get a chance to sit on the crapper. I am up 50 percent on ASTS tho so good.
Remember right after covid these stocks dropped so fast. Be cautious now.
I think it did already
I’m long ASTS with shares only but you’re having FOMO.
ASTS is extremely volatile and the current surge is completely irrational.
It’s a mix of FOMO + the company intentionally releasing a PR wording the tranche 3 listing in a way that looks like they’ve won Golden Dome contracts when it’s not the case + retail investors taking the bite and investing blindly without doing any proper reading/research.
I sense an ATM will be offered at these levels. ASTS management have mastered the art of creating hype and pumping the stock so they can offer an ATM to raise cash. They don’t need cash right now but it would be opportunistic to do at these levels since nothing absolutely nothing changed from when it was trading at 60 and now it’s at 120. Actually yeah something changed, the BB7 won’t be launched in January and we have no clue what’s happening with it. Classic ASTS.
I’m long on ASTS shares but you need to understand that there is definitely some cult-esque behavior with that stock. I am not a trader so I just hold but I really hate the extreme surges in price since historically it always came back down in a brutal way after. Those unrealized gains will most likely vanish eventually since the recent surge is not justified at all. It’s clearly hype and FOMO.
One thing tho I know retail frenzy and extreme hype can lead to very irrational valuations, so I won’t bother selling and trying to swing it, but I don’t like the way it’s playing out right now. A + 20% market cap just because they have been added to a list along with 2000+ other companies allowing them to bid on future contracts related to the SHIELD program is absolutely insane.
Going to..? It doesn’t get much more moon than this. I bought a shit ton a couple months back. This is where you should be selling. All or at least taking significant profits.
ASTS is amazing tech, patented, better than Starlink direct
to your phone without needing other tools for it, basically cell towers in the sky
They’ll get defence contracts, commercial contracts. This stock will go to $300 in next couple years.
“Going” to? It’s up 450% YoY and 70% in the last month.
I literally tried to sell a few shares today on superhero and it won’t let me! Does anyone know why?
It’s crap stock…company barely has revenue and non- profit. All of this is pumped by Reddit neckbeards and will claim “look in the future, they’ll do this and that.” Their site also claim they have 5bn users and when digging a bit more they’re only projected to have 12 million paid users by end of 2026…the 5bn number is complete bullshit bc they use could be potential subscriber which is never happening. Next argument is they got selected for the dome…that is not happening, just another drumpf grift.
It’s up 451% in the last year. It already has blasted…
Pre-revenue dogshit
I will get downvoted to oblivion for this but, my guy, it has already blasted off. Long term holder here but these parabolic moves really makes me have to stop and think what price is my exit price because this valuation is pretty extended for years to come.
It’s a great stock for swing trading one day to the next, but a batshit crazy stock to hold. I feel much safer and sleep much better holding rocket-lab.