AST SpaceMobile Inc (ASTS) Share Price

Nice bounce.

Called it...

Dead money. Shorts are running the show. Price might dip into teens at this rate. 😒

As I thought, Fintel is out of wack this is what was officially reported by date the latest short count was 38,670,165 for period ending 9/13/2024

1/12/2024 18,239,940
1/31/2024 12,571,775
2/15/2024 13,293,894 Price was about $3.00
2/29/2024 16,660,038
3/15/2024 21,50,6610
3/28/2024 27,619,151
4/15/2024 31,528,438 Price was $2.08 that is 30 Million Brought the price down $1 These 30Million shares are totally underwater
4/30/2024 32,684,028
5/15/2024 31,645,635
5/31/2024 29,296,021 Squeeze began Price rose to $9.02
6/14/2024 25,394,409 Squeeze Period
6/28/2024 26,982,603 Squeeze Period
7/15/2024 26,715,813 Squeeze Period
7/31/2024 26,103,871 Squeeze Period $20.68
8/15/2024 28,512,005 Short battle back with a meezly 2.4 Million shares Price 31.36
8/30/2024 23,454,186 5 Million shorts covered $29.04 (Many of us sold above $30 to help them out)
9/13/2024 38,670,165 Price $26.79 So 10 Million shorts played brought the price from $31.36 to $26.79

My current short interest on 9/24/23 is 42.63 Million Price $25.85

So 42.63-26.79 = 15.84 Million additional shares short brought the price down 94 cents.

I'd say that if the sort bought back those 15 Million shares this would be well north of $30 Bucks.

Honestly my shares here are free and I do not own enough to spend time but I thought that I'd lay out cause and effect of shorting.

X Currently I'm showing the highest short number ever with about 25 Million above water and 13 Million totally underwater where just $100k bet is now down over $500k. Something to watch.

Lower lows incoming. 22-23 by 10/1.

You asked to update the latest fintel short figure. Here it is :20,370,986 .

Looks like low-mid 20s to wrap up September. Waiting to add again at 23-24.

That will be one hell of a squeeze. Go Asts

As info 2.4 million short today total looks like 32.4 million.

X

It wasn't a sell the news event either. Just trading sideways.

..thought the successful launch would move this?.. ASTS$...

Needs news and volume. Firstnet or other funding will send this over 30. Until then sideways movement till next ER...

Let it play out, they can borrow for a while though, good luck, thanks. I'm as honest as the day is long.

Best to you, I have access to live short data. Let me look 243k shorted today, cost to borrow is only 3% or so.

X

As info shorts at 31 million they sold 500k into the market, yawn.

X

Shorts will get burned here. IMHO. Long and strong.

The shorts are returning a tiny bit this morning.

X

Very good day. Glad I added more at 24-25!

Looking 👍

Lucky fellow! Wish I qualified. Maybe next time haha

“AST SpaceMobile Announces Successful Orbital Launch of Its First Five Commercial Satellites”

Let’s get this party started.

My friend had an invitation and went to Space Force Station FL.

I was up at 4am to watch the launch. Successful launch, that is.

https://www.space.com/spacex-ast-spacemobile-bluebird-launch-september-2024

You loaded the boat? 🤣

30s is chump change. Ogs are thinking much bigger than that. Expecting a run to 45 by EOM.

AST SpaceMobile's stock rises amid final preparations for its first commercial-satellite launch

Provided by Dow Jones
Sep 11, 2024 7:48am
By James Rogers

The launch of AST SpaceMobile's first five commercial satellites is scheduled for 4:52 a.m. Eastern time Thursday

Shares of AST SpaceMobile Inc. (ASTS) are up 1.1% in premarket trades Wednesday as the space-based broadband company makes final preparations for the launch of its first five commercial satellites early Thursday.

"T-29 hours to the launch of the BlueBird 1-5 mission!" wrote AST SpaceMobile on X, formerly Twitter, late Tuesday. Liftoff is scheduled for 4:52 a.m. Eastern time, the company said.

Related: AST SpaceMobile's stock resumes rally as first commercial satellite launch nears

The satellites, called BlueBirds, will launch atop a SpaceX Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida.

AST SpaceMobile's stock, which rallied earlier this week, ended Tuesday's session up 0.7% to snap a three-day losing streak. The company's stock tumbled last week after AST SpaceMobile announced plans for an at-the-market sale of up to $400 million of common stock.

Related: AST SpaceMobile shares slide on plan to sell up to $400 million of stock

The satellites each feature the largest-ever commercial-communications arrays to be deployed in low Earth orbit, according to AST SpaceMobile. "After launch, the BlueBird satellites are planned to offer non-continuous cellular broadband service across the United States and in select markets globally," the company said in a statement.

The initial service, which is based on premium low-band spectrum, is planned to support beta test users for AT&T Inc. (T) and Verizon Communications Inc. (VZ) and will target approximately 100% nationwide coverage from space with over 5,600 coverage cells in the United States, AST SpaceMobile said. In July the company said that the U.S. Federal Communications Commission had granted an initial license for space-based operations in the U.S.

Related: AST SpaceMobile stock climbs as Sept. 12 targeted for first commercial satellite launch

In May, AST SpaceMobile shares surged following the announcement of a deal with Verizon.

AST SpaceMobile shares are up 333% in 2024, outpacing the S&P 500 index's SPX gain of 15.2%.

-James Rogers

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

Feels like $30s again soon.

Excellent investment opportunity for mass-market mobile-device satellite connectivity

You missed out on a phenomenal JACKPOT run. How's your finger doin?

How is that $100 stock price prediction treating you PumperPot? Are you buying more today? Of course you are. Just remember to take that Viagra at least an hour before your boyfriend comes over...

Shorts have 400k shares to play with this morning, puts it a 20% but the days to cover is only 2, under 10 days is a yawner.

It is still game on, interesting to watch the volatile Ups and Downs of a short cover in progress. Most think that it is a quick thing, but not so much.

X. Good Luck

Hmm I don't mind the volatility. I don't intend to sell for several years, so the price action short term is like white noise. Next check isn't till this week so timing works out for me. Can always sell some ITM calls to boost share count. If it heads under $20 going all in.

Took starter position today ASTS$, $27, glta ...

As the September 12th-13th launch dates get closer, the stock moves higher.

Viagra kicked in 😂

Ohhh very Nice $63!

Nice upgrade by DB. ASTS price target raised to $63

I think it has potential. Remember $GME? Better than that one...

Haha last laugh

Very much so. You?

Do you like this one?

This is going way past that. Couple more weeks till launch.

AST Spacemobile (ASTS) PT Raised to $36 at B.Riley, 'remains the clear leader in the race'

https://www.streetinsider.com/dr/news.php?id=23662373

Just a thought....we think that shorts get burned and will leave.
They never leave
As we see here.. from $ 2 to $30
Is a very bad burn for shorts ..yet they still never go away ,for at $30 they can still hope it dips..

only clarifying short will always be around, asts can go to $100 shorts will still be shorting
Jmo

The shorts threw down 286k today. Interesting to watch the shorts try and cover, try to convince longs to give them shares, try to dip it.

X I still have a small position, I need to learn how the shorts try cover while a company is succeeding and the affects on the psychi.

The drop today is almost certainly due to the warrants being called. This is not unexpected, as ASTS had met the call criteria for several days.

How is that prediction of $100+ treating you PumperPot? Are you have any pie with that PiePot? Will you ever be right anytime this decade UnderRockPot? Here are my observations of ASTS since you bought it and have added every day since.....
1) TIMBER!!!!!!!!!!!!!!!!!!!!
2) TIMBER!!!!!!!!!!!!!!!!!!!!
3) TIMBER!!!!!!!!!!!!!!!!!!!!
4) TIMBER!!!!!!!!!!!!!!!!!!!!
5) TIMBER!!!!!!!!!!!!!!!!!!!!
Give my very best to Scambino. How is that stock TLSS doing where you are the only moderator left? What was your prediction for that one that has no bid?

Well they keep digging deeper it seems. Not fun to watch but let's hope we get some launch news tomorrow/friday.

Also, NVDA earnings will have some impact on the overall market, so fingers crossed

Shorts up .5 million to 26.2.

Just saying, this will turn north now.

X