Harry Brunt

Anyone that knows me from Seeking Alpha (not on there anymore) knows I was the very first person to cover $ASTS and give it a strong buy rating. 5 years ago or whenever that was. I invested 6-figures in AST SpaceMobile in single-digits and the teens prices. Back then, that was a much larger amount of money for me. However, ASTS repeatedly missed milestones by miles. Anyone only following this stock the past couple years just has no clue how badly they have undelivered. Contrast that to $RKLB. Sure, both businesses are hard, but they held truer to their promises. This is why I doubled-down on Rocket Lab at the lows. I bailed on $ASTS and you know what? So far that has been the better decision and I believe it will continue to be. I still think ASTS is quite overvalued today relative to risks and track record. You can’t convince me otherwise because your arguments focus only on upside, not downside. Have heard them all. However for this latest mishap, Abel was able to deliver the satellite. It was Bozo Bezos who couldn’t deliver to proper orbit. More importantly, I’ve appreciated that Mr. Avellan hasn’t cashed out stock like say, $IONQ de Masi, in the years since I was in ASTS (thought he would). While I hate their slow progress, it’s that latter point - founder CEO skin in the game - as to why I decided to start getting back into $ASTS with my first buy today in the 70s.