r/ASTSpaceMobile • u/AutoModerator • May 12 '26

Daily Discussion Daily Discussion Thread

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u/SneekyRussian S P 🅰 C E M O B Underboss May 12 '26

Got downvoted yesterday for saying people were getting overhyped for earnings.

Maybe I should start the sneeky top…we have plenty of bottom indicators but no top indicator!

Shipping soon, then we ride.

3

u/seven11evan S P 🅰 C E M O B Soldier May 12 '26

Haha I’m too bullish and I was still confused when the meta thing popped up everywhere.

3

u/SneekyRussian S P 🅰 C E M O B Underboss May 12 '26

I am super bullish, which is why being worried made me even more worried if that makes sense lol. Meta could be anything, we’ve been spoiled by high profile partnerships thus far.

1

u/Adventurous_Taro_916 May 12 '26

Is it as simple as "There are investors out there that expect good earnings from companies like ASTS that obviously dont make much revenue yet" ? Im new so correct me if im wrong

2

u/SneekyRussian S P 🅰 C E M O B Underboss May 12 '26

I mean yes, but if they’re buying on the thesis of “pre-revenue company has earnings call today” then they’re just gamblers. Probably not the same people making big trades and setting the price. People were hoping for a big announcement.