re: ASTS, meme stock or real stock?

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Anyone check in on our podnuh Crescent lately ?

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glad i sold and took profits waaaaaaaaay back

LINK

almost down to last support levels.

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Anyone check in on our podnuh Crescent lately

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Hey, I'm still here. My assumption that ASTS was going to rise in the weeks/days leading up to SPCX IPO was wrong, and up until this morning, it was strongly trading with SPCX downfall in the last 5-6 trading days.

There are a couple catalysts imminent...BlueBirds 11, 12, and 13 should be arriving to Cape Canaveral any day now and Falcon 9 (SpaceX) will be launching them. Also, Japan should be announcing a $1B contract to either ASTS or SPCX for their J-LEO satellite constellation before the end of the month. With ASTS and Rakuten announcing a joint venture this morning for a satellite company in Japan, this seems promising.

I still maintain we end 2026 above $175, but backing off my $230-250 price range. Until they announce more launch providers after the Blue Origin disaster, I think the market keeps this in the 200-day moving average of around $94.