2C F🅰️tboy

2cfatboy

[2C F🅰️tboy @2cfatboy]

Why do I own $ASTS
TLDR: owning ASTS is a roller coaster of a stock but so is running a company.

I owned a plumbing company for 22 years and I sold it. People think holding ASTS is hard when the price swings like it has. I'll tell you what's hard. Hard is owning a company where you're technicians total 2 trucks in a week. Or how about getting the phone call in the middle of the night because something wasn't hooked up right earlier that day, now there an inch of shit in their basement. My favorite story though is a guy I worked with installed a tub for a fat nurse. Later that night, her daughter called to get him back out to the house. She wouldn't tell why just that she needed him to come now. He showed up and her mother was stuck in the tub. The kind of stuck that happens when fat meets water and porcelain. He asked why didn't you call the fire department. Because my mom knows all the guys at the fire station. They work together a lot. Tonight you're the fire man and the plumber. After 30 minutes and quick use of a yard stick between her back and the porcelain, she was free and their relationship was never the same again.

When I sold, I sold for more than I thought it was worth but there were days like the bathtub day where I would've given the company away to anybody that wasn't my friend or family. Between dealing with payroll and collecting and keeping customers and employees happy, the challenges never stopped.

Here's where ASTS comes in. When I sold, I paid off my debts and went all in on 1 stock. I figured with AST, the headaches of employee and payroll and trucks were handled by professional people. All I had to do is buy and hold. Simple huh.

I didn't anticipate the ride being as rocky as it's been and yes I'm really down. I even have 2 accounts in case my wife wants to see one. And I'm not giving financial advice but I still believe in @AbelAvellan and his team.

I believe in the technology. I don't understand most of what guys talk about on the technical side but I do understand that I hate it when my phone doesn't work or when Im in the mountains and I have no signal. AST has the best technology for broad band and can do it for far less money then their competitors. Will they succeed? Yes I believe they will. When the deal is right, there's always money available. Have there been mistakes and a steep learning curve along the way. Of course, but mostly timing mistakes. I believe they're solid on the technical side. I've waited 3 years, so what if it takes another year or two. Hang in there gang!

[2C F🅰️tboy @2cfatboy]

@thekookreport Wouldn't it be sweet justice if Space X made an offer to purchase AST, despite all the regulatory hurdles.

[2C F🅰️tboy @2cfatboy]

@spacanpanman Do you know how many additional launches with falcon 9

[WOLF @WOLF_Financial]

PETER LYNCH: THE MOST IMPORTANT THING IN THE STOCK MARKET IS TO KNOW WHAT YOU OWN

He says most people can't pass a simple test.

If you can't explain why you own a stock to a 10-year-old in two minutes, you shouldn't own it:

"I'm amazed how many people own stocks. They would not be able to tell you why they own it. They couldn't say in a minute or less why they own it. If you really press them: the reason I own this is the sucker's going up. And that's the only reason."

Lynch then ties it back to Warren Buffett's circle of competence:

"All the businesses you can understand is the most important aspect of investing. If you have doubts about a business being in your circle of competence, it isn't."

His point: you can understand Coca-Cola, McDonald's, Walmart, Costco. Stay inside that circle.

"It's better to be well within the circle than to be trying to tiptoe along the line. My circle of competence is pretty small, but it's big enough."

[2C F🅰️tboy @2cfatboy]

@Reformed_Trader Great news RT. Happy to hear he's doing better. Prayers for your son. God is great!

[2C F🅰️tboy @2cfatboy]

@kingtutcap One of the greatest gifts I can give my kids is managing their stock accounts and forgetting I bought VELO till today. Thank you Tut!!!

[2C F🅰️tboy @2cfatboy]

@corey407woc @FREESPEECH1017 I used to get on X every day to get updates on ASTS, now the first place I go is @corey407woc Your posts are hilarious! Thank you!

[2C F🅰️tboy @2cfatboy]

@21stCentDigBoy @endless_frank I sold a plumbing Co in 24, I ran it for 23 years. I wanted to put more into AST. I could probably offer a few things about the HVAC/Plumbing Co that might be helpful. DM me if you'd like

[2C F🅰️tboy @2cfatboy]

@spacanpanman @st0nkinvest0r Nice! Thanks for enlightening!

[2C F🅰️tboy @2cfatboy]

@spacanpanman @st0nkinvest0r Once both are itm, do you close the short calls by selling only what is necessary on the long calls to cover premium? I usually do, but I'm curious on your take

[2C F🅰️tboy @2cfatboy]

Do they still own the restaurant? My dad is 80 and refuses to stop working despite not needing money because he bought ast <10. I've worked with my dad for 40 years. It's a treat to be close to my parents. I especially appreciate my kids experience being taught by loving grandparents. Great story!

[2C F🅰️tboy @2cfatboy]

@endless_frank @corey407woc I started when sp was 80, I thought I was going to die. Starting at 130! There are worse things than dying.

[2C F🅰️tboy @2cfatboy]

@thekookreport It's comforting that you only post on 1 stock. I dabble in others but I'm 98% AST. I've questioned my own sanity many times, then I think of Kook and somehow it feels, not crazy.

[2C F🅰️tboy @2cfatboy]

@corey407woc Alright, I'm buying dinner next launch

[2C F🅰️tboy @2cfatboy]

@thekookreport Are you secretly telling me there's hope for my May 15 $115 calls? Lol

[Dan Go @CoachDanGo]

The biggest cheat code on the planet is the ability to be in a good mood regardless of what's going on in your life. Not letting external events dictate how you feel is a skill we can learn. If you can train yourself to be in a bad mood you can train yourself to be in a good one.

[2C F🅰️tboy @2cfatboy]

@Defiantclient2 Great write up and thanks for the radar education.

[2C F🅰️tboy @2cfatboy]

@spacanpanman Can you speculate when ast will provide intermittent coverage to US

[2C F🅰️tboy @2cfatboy]

@worldrifter_ty @jbrn252 @scott_m_powell I ran a plumbing company for 22 years. Does that count? I don't think Elon Musk has ever hit a deadline. I recall he was ~3 years behind schedule on cybertruck. I don't see anything wrong with setting lofty goals. Not everybody's cup of tea though.

[Blue Origin @blueorigin]

NG-3 Update: We have confirmed payload separation. AST SpaceMobile has confirmed the satellite has powered on. The payload was placed into an off-nominal orbit. We are currently assessing and will update when we have more detailed information.