ASTS A close below the Lower Trendline will confirm the forward movement lower. Take your Profits people and live to buy back lower. I warned you previously.
ASTS ASTS Price to Sales Ratio is 1506 X.... NVDA currently one of the worlds greatest Tech Companies has a Price to Sales Ratio of 21 X..... Let that sink in... When the Price finally adjusts don't say you didn't see my post. I just can't tell you when it will happen.
ASTS Someone please explain how Tradingview shows the annual Net Income at MINUS $300 M, with revenues of only $4.4 million and a price above $30…. I understand their large contract model but currently does not equate to more than $1.50/share especially when you consider that any day now they are going to need to Dilute the Float with another round of financing of likely 15-20 million shares plus an additional 15 million in Warrants convertible by 2028. That should Drive the price down to around $22 with current market conditions. I’m truly not understanding what I’m missing here….
ASTS CLOSE YOUR SHORTS, I AM NOT SELLING UNTIL 300 AND THAT IS VERY CONSERVATIVE, this is going to be 500-600 once in full operation even after all the dilutions.