Author recounts an 8x long ASTS position (bought as a SPAC at ~$13 average, held through a drop to $2) and states a long-term target of $500-$600 with $1,000 as a final goal.
ASTS — LONG The author held a large ASTS position bought at an average of $13 (including buys at $20 and $8) and states a goal of holding until at least $500-$600, with $1,000 as a final target. The stated rationale is belief in the technology, the management team, Abe, and the investors and companies onboard, based on due diligence done at the very beginning. The author notes the position was extremely stressful when it dropped to $2 and that family emergencies forced partial sales.
Goal was to survive and hold on to ASTS til it gets to min $500-$600 range. $1,000+ as finale
This Reddit post, published January 17, 2026, features u/Hungry_Treat9478 discussing ASTS. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Hungry_Treat9478 · Tickers: ASTS