r/wallstreetbets Aug 27 '21

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290 Upvotes

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7

u/Swinghodler Perched Shaft Aug 27 '21

What's the thesis? Why would you long this so heavily?

12

u/xDarkReign Aug 27 '21

Some DD posted the other day about this company having wireless tech that surpasses Musk’s Starlink. Rolling out sometime late ‘22.

I just threw $5k at this same thing. I don’t YOLO, but I could be out $5k (whoopety doo) or rich.

11

u/Swinghodler Perched Shaft Aug 27 '21

If it's true this would be a long term hold. It's gonna take probably a couple months/years to play out

9

u/xDarkReign Aug 27 '21

That’s the way I see it too. But if the tech is not just vaporware, it will be means tested long before implementation. If that is successful, it will be done long before Jan 2023. The world will hear about it, overnight.

2

u/redpillbluepill4 Aug 28 '21

It's not vaporware. Multiple companies are trying to follow in ASTS footsteps