I really try to take the ASTS bulls seriously
I really try to take the $AST SpaceMobile, Inc.(ASTS)$ bulls seriously but when you use “imagine” as your bull case it’s a story stock, not fundamentally driven.
Just take some of these examples:
- No chance autonomous vehicles will want a satellite connection when 5G is available. And they’re nowhere near going outside 5G service areas.
- Connected agriculture…I live in the Midwest. We have great service on farms.
- Humanoid robots? Are the wandering around the desert?
The problem is, these satellites aren’t long lived assets. They’ll be in service for ~5 years. We need real use cases and paying customers (most are a revenue share model) now, not dreams.
Still watching, but this is why I don’t get the thesis until they prove it to me with real $$$.
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
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.
