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 satellite. Huge TAM, small market cap. Founder shares in lockup for 12 months.
There was an manipulation down starting April 6, which is in steep reversal presenting an excellent entry opportunity. Well timed public offering in first wave means first phase fully financed.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.