$AST SpaceMobile, Inc.(ASTS)$ So I really do understand this stock. Every single time I believe the stock is seriously overpriced. It hits me like a two by four in the face and just skyrockets even further.
it's well over $100 now. My DCA is like $25 ish. And I brought more at around $80. Cause here's the thing. Pretty much all of the largest global telcos have skin in the ASTS game. Why? Because they have no choice. ASTS is their lifeline. Without it they all die Slowly but horribly. Let me explain...
So I live in a house that has no cell coverage. I have a very old copper line connected but it's so old, it just doesn't work at all. So no cell, no broadband, not even a landline. So I have no choice. I must use starlink and also must pay a telco to keep my cell number Active so I can do Wi-Fi calling. I could move to the local village and all would be fine. But i Like it here. So my cell/broadband bill is double what it could be.
So the big telcos understand that many of there legacy infrastructure is buggered. As starlink will eventually screw them up utterly. So enter ASTS broadband direct to cell, from space. Suddenly I don't need starlink, I just need my cellphone.
Can space X fight and destroy ASTS? No. The global telcos are bigger. And the many will defeat the one. If they choose to.
On a side note, will I buy a potential space X ipo? No way! Their cash cow is about to be slaughtered. and they will spend all the ipo money going to mars and blowing up billions of dollars in the process.
Back to ASTS. The price is absolutely ridiculous, especially as they have not made a dime yet. But the technology has been trialed now successfully. Yes trialed, not commercialized. Crazy stuff!
Even crazier, their satellites are launching predominantly on rockets in India. They could be launched on falcon 9 rockets, but hmmmm, actually I believe some were initially. But going forward a few years $Rocket Lab USA, Inc.(RKLB)$ or blue will be a better option.
Anyway I've ranted on enough. At $115 ish at close today, quite frankly that's insane. And yet, I'll buy more. Why? Because not if, but when it becomes successful it's worth trillions.
I'm sure it will pull back soon though. So I will wait a bit. But seriously. For me the buy is based on me having more funds. So will buy more when I get paid. A few years out, I'll likely regret holding out at $115, when it's then $1000.
And they almost have enough sats up to start offering a commercially viable proposition. So by the end of 2026, I don't think it unrealistic for ASTS to double to $230.
love to here your thoughts my fellow tiger investors.
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