Row 7643
Content Data
This page contains data entry 7643 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
For anyone paying attention you will have noticed that $ASTS shot up 68% today on over 1700% of normal volume. This is no mere flash-in the pan meme trash. The company signed a commercial agreement with $T (AT&T) announced yesterday on the 1Q earnings call. See here: https://www.businesswire.com/news/home/20240515925684/en/
Some Background: This company is launching satellites to serve 5G wireless directly to unmodified cellphones. If you understand anything about radio frequency transmission (which none of you do, of course), you will understand that there are no easy shortcuts around antenna aperture. The geniuses at ASTS will win the race because they have just gone ahead and built the biggest possible antenna that they can possibly send into space. SpaceX is attempting this, but they will not be able to deliver the same or even similar service as ASTS. Their satellites are just to small.
The total addressable market for this company is literally anyone with a cellphone. (read: huge, trillions huge). They’ll sell the service to mobile network operators (MNOs) who will then sell you a roam anywhere package for some fixed monthly cost.
Why buy now: Derisking is over, the company has proven they can deliver and they are beginning to launch the constellation this summer. The commercial agreement with AT&T is likely to be the first of many. If AT&T can get onboard, why can’t you?
There is a substantial amount of info at r/astspacemobile
Speaking the language of WSB, see this post specifically: https://redd.it/1ctnu5d
Current price: $4.03 Price Target: $318 (+7800%)
EDIT: Up 12% after 8 minutes… EDIT2: ASTS is up another 24% on 493% of normal volume before 11:30am. Get your tickets for the moon landing before it’s too late 🚀🚀🚀🚀
| Field | Value |
|---|---|
| text | For anyone paying attention you will have noticed that $ASTS shot up 68% today on over 1700% of normal volume. This is no mere flash-in the pan meme trash. The company signed a commercial agreement with $T (AT&T) announced yesterday on the 1Q earnings call. See here: https://www.businesswire.com/news/home/20240515925684/en/ Some Background: This company is launching satellites to serve 5G wireless directly to unmodified cellphones. If you understand anything about radio frequency transmission (… |
| label | r/wallstreetbets |
| dataType | post |
| communityName | r/wallstreetbets |
| datetime | 2024-05-17 |
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Raw Record
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Entry Information
- Entry ID: 7643
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000