@ChrisCamillo It’s a great opportunity for hopeful believers like us. AI productivity gains have been growing over the past two years, with improvements almost every month. Now people are scared, so progress has stopped? Quite the opposite. It’s accelerating exponentially.
Been obsessed with the stock market since I was a teenager. Have traded through the dotcom bubble, the financial crisis and just about every market mania since. But I’ve never seen anything like the skepticism surrounding AI. Not even close. Every time one bubble narrative falls apart a new one takes its place. Rumors become headlines. Misleading data goes viral. Claims that could be debunked with 5 minutes of research get repeated by major media outlets, influential investors and Wall Street analysts. It’s relentless and honestly pretty fascinating to watch. Of course there will be spectacular failures and massive wealth destruction along the way. That’s what happens during technological revolutions. But I’ve never witnessed this much effort to convince the world that something so transformative is actually one giant speculative bubble destined to take the entire economy down with it. I understand why AI scares people. What I find harder to understand is why so many investors seem to be rooting for it to fail.
The satellites are becoming cell towers while Starlink wants to become a carrier.
What does that mean for $ASTS, $AMZN, $RKLB, and mobile operators fighting to keep control of the customer. https://t.co/OpLuOhpbTS
@SpaceInvestor_D I get the RDW bull case, but are the dilution/financial baggage not important in your eyes? RKLB/ASTS felt cleaner to me because of execution + truly unique tech.
@SpaceInvestor_D True, but we should not forget the pain before the bounce.
Pullbacks:
ASTS: ~35–50% over ~33 days RKLB: ~37–40% over ~4 weeks LUNR: 50%+ over ~4–5 weeks RDW: ~55% over ~32 days
The bleeding lasted about a month. That is worth remembering before the next dip tests conviction.
@SharkChart And when are you selling? If you make 100% would you sell and later buy again when it drops as every stock does. Or are you just holding forever?