$ASTS Porn Play with Gamma Squeeze potential

YuQing1688
2021-09-23

$AST SpaceMobile, Inc.(ASTS)$/Short squeeze ready to Fully ejaculate!

^(I'm not a financial advisor, nor am I giving any financial advise. This is an entertainment/comedy-nonfactual post. I'm a retard posting on WSB with a bias due to having a position of my portfolio in $ASTS. So, Don't act on anything posted in here and proceed on your own risk...)

Good Afternoon!

$ASTS is another squeeze ready to squooze!

1- As part of its deSPACing process (similar to IRNT) most of the shares are locked up **until next April 2022.** There are effectively only 38.6M shares in the float, **but most of those have been locked up by institutional investors and long retail investors.** The CEO owns the vast majority of the authorized shares and his shares **unlock in April 2022.**

2- There are currently only **250,000 shares** available to short according to Fintel with a borrow rate of **4.75%.** The shorts are out of ammo! **Only 0.0025% of the float is left for shorting.** Yes, **⅕ of 1% of the effective float is left to short!** Currently they have **shorted 4.9M or 12.6% of the effective float**, but they don’t have any more ammo left to continue to stop this stock!

3- For the Options Gamma squeeze, on **SEPT 17 2,195 Calls** are already ITM with **5939 on strike 12.5$** and **7278 on strike 15$!** In a small float that's significant. At 15$ for this week only, **1,541,200 shares** can be exercised if both milestones are reached(12.5$ and 15$) triggering a gamma squeeze in **an already relatively small float.**

4- It's an undervalued play which has attracted the investment and partnership of industry experts such as ATT, American Tower, Vodafone, and Rakuten. **Barclays and Deutsche Bank recently gave it a PT of $29 and $35**, but noted **the upside of bananas was much higher once the technology is validated in scale.** If you want to smash this stock for long-term, there is a good chance of getting many bananas or losing all of your bananas.

I am not advocating a pump and dump. I am sharing that **this compelling company which has been shorted AF and the shorts have run out of ammunition.** They cannot artificially keep the stock price down any more via shorting as they only have a handful of shares left to do so.

**Be warned, If ASTS squeezes, it will become very risky during the squeeze, if you choose to partake only do so with money you can afford to lose or don't partake at all because it's a retarded move.**

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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