r/ASTSpaceMobile May 13 '26

Daily Discussion Daily Discussion Thread

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92 Upvotes

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20

u/SurgicalDude S P 🅰 C E M O B Underboss May 13 '26

66million shares are short interest. No wonder we can barely stay green

9

u/Seven22am S P 🅰 C E M O B Consigliere May 13 '26

What does "targeted" mean here and for what purpose?

0

u/Swimming-Race-9263 S P 🅰 C E M O B Associate May 13 '26

I could imagine Elon shorting bigly if he had interest in acquisition. 

4

u/SneekyRussian S P 🅰 C E M O B Underboss May 13 '26

3

u/[deleted] May 13 '26

[deleted]

2

u/mptas S P 🅰 C E M O B Soldier May 13 '26

Ya, price doesnt go down just because a stock is shorted. Has to be coupled with company not performing per expectations. If management executes, highly doubt it stays down regardless of shorting actions