The analyst expresses a strong bullish stance on ASTS, recalling a previous call to buy at $3 expecting a 10x return, which actually achieved a 43x return in 2 years.
The analyst previously called buying ASTS at around $3 expecting a 10x gain, which was realized and exceeded, indicating strong conviction in the stock's growth potential.
I remember saying $ASTS would 10 X at $3 and I was laughed at then too But instead it ran 43 X in 2 years.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +8.9% | +9.6% |
| 1 week | +29.7% | +28.3% |
| 1 month | -11.2% | -11.8% |
| 3 months | — | — |
| 6 months | — | — |