Author holds ASTS and cites its 2% gain amid market volatility as confirmation of the satellite-to-mobile thesis, though no new catalyst or mechanism is provided.
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I've held this stock for a while now. While a 2% gain isn't exactly a huge move, this steady upward trend proves our logic is sound. The satellite to mobile sector is a marathon, not a sprint, but seeing this kind of relative strength makes me feel much more confident holding it.
How are your holdings doing today?