6/24/25 - $asts - Sign of the times...

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6/24/25 :: VROCKSTAR :: ASTS
Sign of the times...

"V, why do you look at so much stuff"

- mainly so i can discern the fear and greed in the market
- while ASTS is a good product, there's now a lot of "trust me bro" in the >$50 px, even low $20s was a tough punt (and subsequently exited not even in the $30s - just too rich for my criteria)
- but at this pt, while i can't say "it's a short" b/c there's nothing objectively wrong w/ the underlying here per se... the stock is vastly overvalued and a product of the "catch-up" crowd buying 0dte's.
- if you own it today or are considering to own it... careful.
- nobody knows how much the underlying liquidity can run for now... but this thing... is probably not the best use of funds

V

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