
Satellite stocks are really interesting today. SATS and ASTS have been rising consecutively, giving a sense of moving independently from the broader market. I was previously invested in ASTS, and got shaken out of some of my position in the middle of the volatility. Seeing it slowly climb back now still feels a bit bittersweet. If the day ever comes when satellite-to-phone connectivity becomes widespread, it's not impossible for these stocks to get hyped up. It's just that the recent volatility is too high, truly testing the endurance of holders. After all, I don't dare to chase in the short term, and for the long term, I'm afraid my conviction isn't strong enough 😥
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

