First ever global 4g/5g cellular phone network beeing built by $ASTS seems to follow similar market mechanisms and psychologies as that of junior mining operations: The Lassonde curve, with it’s two waves of share price increase.
Only competitor so far (possible duopoly) is Lockheed Martin and Omnispace cooperstion.
Technology is proven with Bluewalker 1...
First ever global 4g/5g cellular phone network beeing built by $ASTS seems to follow similar market mechanisms and psychologies as that of junior mining operations: The Lassonde curve, with it’s two waves of share price increase.
Only competitor so far (possible duopoly) is Lockheed Martin and Omnispace cooperstion.
Technology is proven with Bluewalker 1...
The potential gains from a Space mobile next is absolutely insane. We are talking about a huge market with other extremely crucial implications such as national disasters. Once they show they are serious and come out with their business partners I think we will see a complete reverse in the stock price.
This appears to be a good entry. The low float means it will be very volatile on the way up and down. I did some checking and it seems very similar to the SPCE chart. Once the merger completed, SPCE tanked just like this and then went on to push 35$+. I am not a financial advisor and you should perform your own due diligence. I am not responsible for any gains or...
