范巧
2026.02.13 14:09

ASTS is something else. Issuing $1 billion in convertible bonds directly crashed the stock. Tech companies raising funds and diluting shares is such an old story, it's the same every time. In a bull market, they tell stories; in a bear market, it's a straight 15% pullback. Plus, with the upcoming inclusion in MSCI, I thought there would be some excitement, but the fundraising turned out to be the biggest negative. Those trading satellite internet stocks sometimes feel like they're just grinding out probabilities. You gotta love the game and be able to withstand the pain.

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