Trinity Ridge Capital

Welcome to Trinity Ridge Capital | We are three college student investors sharing our thoughts on stocks, macro, and markets | Not investment advice |

[CK Capital @CKCapitalxx]

T-Mobile just joined the $ASTS ecosystem.

This stock could easily soar to over $2,000 a share and here is how.

Every major US carrier is now on board.

Let me show you what that actually means for the revenue math.

AT&T. Verizon. T-Mobile. 500 million US subscribers combined. Plus 50+ carriers globally covering another 2.7 billion.

Total addressable base: 3.2 billion existing subscribers. No new device. No new plan. The carrier flips a switch.

Now here is where it gets interesting.

A December 2025 GSMA survey asked global consumers if they would pay extra for satellite connectivity. 60% said yes. 56% in the US. 89% in India.

That is declared demand from people already inside the $ASTS carrier network.

$ASTS nets $5 per user per month on the broadband add on tier.

Here is what the math looks like at two adoption scenarios on 3.2 billion subscribers.

30% adoption — half of what the survey says people are willing to pay:

960 million users. $57.6 billion in annual revenue. $1,107 per share at 15x P/S.

60% adoption — full survey demand:

1.92 billion users. $115 billion in annual revenue. $2,215 per share at 15x P/S.

And that was before T-Mobile joined.

AT&T, Verizon, and T-Mobile do not spend years integrating satellite infrastructure for a niche product. They are building this as a standard feature for every subscriber.

The survey says 60% of the world already wants to pay for this. The carriers are ready. The satellites are launching.

T-Mobile joining is not a footnote. It is the last piece of the distribution puzzle.

[Trinity Ridge Capital @TRidgeCapital]

Exited my $TE position this morning. Seems that management got ahead of themselves. I don’t believe the thesis is broken but there will be more bumps ahead. In this current market environment it’s not worth the risk/reward. Sad to see.

[Trinity Ridge Capital @TRidgeCapital]

What are people thinking going into $TE earrings tomorrow morning? Do we come in at $400 million in revenue? Do we get another off-take agreement?

@SJCapitalInvest @spacanpanman

[Trinity Ridge Capital @TRidgeCapital]

@flyfishing2020 @spacanpanman I second this!

[Trinity Ridge Capital @TRidgeCapital]

@spacanpanman @AboveAvgOdds Any concerns over cybersecurity? Relying on AI/software seems to open the door to hacking, manipulation, or adversarial interference.

[T1 Energy @T1Energy]

4Q Earns 3/31 @ 6 AM ET.
Conference Call @ 8 AM ET.

[Trinity Ridge Capital @TRidgeCapital]

@accounting_ds @SJCapitalInvest Is this still a larger portion of your portfolio? I’m recently new to the name and your deep dive is what got my interested. I know @SJCapitalInvest has reduced his position, wondering if you have as well?

[Trinity Ridge Capital @TRidgeCapital]

Anyone else getting somewhat frustrated with T1 and the earnings date?

I understand they can report later into April but the lack of clarity is killing me.

If we get a $400 million Q4 print I will shut up….

@SJCapitalInvest @accounting_ds

[Trinity Ridge Capital @TRidgeCapital]

@flyfishing2020 @SJCapitalInvest @spacanpanman IMO Q4 will help restore some confidence. There is a lot going on behind the scenes that we just don’t get to see. Hopefully we get earnings date announced this week.

[Trinity Ridge Capital @TRidgeCapital]

@FreemyerGreg @growthrapidly Until there is some execution, and management actually follows through with their guidance, it’s no touch for me.

[Trinity Ridge Capital @TRidgeCapital]

Noto sweep in and put a house on that short report. Hopefully they get burned tomorrow. FRESH 🐎

[Tannor Manson @Futurenvesting]

New short report on $SOFI called them the modern-day Enron. LOL

SoFi CEO Anthony Noto says thank you for the dip opportunity and bought more!

28,900 shares @ $17.32 (only possible after the short report), totalling a $500k purchase!

[Trinity Ridge Capital @TRidgeCapital]

@SJCapitalInvest Sorry, typo. Was referring to myself needing to take risk off.

[Trinity Ridge Capital @TRidgeCapital]

@SJCapitalInvest Great idea. Need to be better on taking risk off the table when stocks run. Sometimes buying higher is better when you have more clarity. I will be waiting for earnings before I add to my position further.

[Trinity Ridge Capital @TRidgeCapital]

@romanchernin Amen. Thanks for sharing

[Trinity Ridge Capital @TRidgeCapital]

@nebiusai @nvidia This genuinely made my day 10x better, especially after losing 12% 😅😅

[Trinity Ridge Capital @TRidgeCapital]

Looking forward to Q4 earnings, G2 Austin construction progress, more off-take agreements, and FEOC approval updates.

Let me know if I missed anything.
@spacanpanman
@accounting_ds
@SJCapitalInvest
@EndicottInvests

[Trinity Ridge Capital @TRidgeCapital]

https://t.co/opJnMErI9i

[Trinity Ridge Capital @TRidgeCapital]

@flyfishing2020 @spacanpanman Guess I just want some more clarity with launch schedule... should be coming soon.

[Trinity Ridge Capital @TRidgeCapital]

Love the perspective. Market has overreacted to convertible offering IMO. A necessary step in their plan to fully scale. Additionally, we've gotten lots of good news on the $CRWD front, collaboration with $NVDA to build cloud for robotics and physical AI, and Enterprise Readiness Initiative. $NBIS still undervalued.