Should You Invest in AST SpaceMobile Now? An In-Depth Look at the Pros and Cons
Is It Too Late to Buy AST SpaceMobile Stock?
AST SpaceMobile is a high-risk investment, but if you believe the story, it is just walking up to the starting line. AST SpaceMobile's (NASDAQ: ASTS) big idea is to create a space-based cellular broadband service. It's an interesting concept, noting that Elon Musk's SpaceX has a similar service called Starlink.
Plenty of Time to Buy AST SpaceMobile
From a stock price perspective, there's no reason in the world to believe that investors have missed out on AST SpaceMobile. The shares are down nearly 50% over the past year and they have fallen 85% from their all-time highs.
Being Early with AST SpaceMobile Means Taking on Big Risks
From an investor's point of view, AST SpaceMobile has a good idea, but it doesn't yet have a functioning service it can sell. Buying the stock today isn't getting in on the ground floor, it is getting in while the company is still digging out the hole in which it will pour the foundation.
AST SpaceMobile: Being Early Means Taking on Extra Risk
Given the moribund price of AST SpaceMobile, you have not missed the opportunity to buy the stock, assuming you believe in the story behind the service it one day hopes to provide.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.