Entering text into the input field will update the search result below

AST SpaceMobile: 20-100x Return Or 100% Loss, It's A Binary Bet

Apr. 06, 2021 11:45 PM ETAST SpaceMobile, Inc. (ASTS), ASTSWGSAT, SPACE287 Comments
Michael Dolen profile picture
Michael Dolen


  • Using patented and patent pending phased array antennas in space, AST SpaceMobile has found a way to connect your cell phone to satellites.
  • This tech works with any cell phone. No special equipment. Not even an app. You can be stationary or moving, such as in a car or on a plane.
  • $1 trillion TAM for wireless services, 5 billion cell phones currently move in and out of coverage, 51% of global population lacks mobile broadband.
  • Lucrative 50/50 revenue sharing agreements with AT&T, Vodafone, American Tower, Liberty Latin America and Telefonica, among others.
  • The opportunity is massive, but so is the graveyard of failed satellite telecom companies.

satellite and earth
Photo by enot-poloskun/E+ via Getty Images

On April 6th, New Providence Acquisition Corp. (NPA, NPAUU, NPAWW) is slated to de-SPAC and become AST SpaceMobile (NASDAQ:ASTS).

It's said that as a dog returns to his vomit, so a fool repeats his folly. Could

This article was written by

Michael Dolen profile picture
I prefer to buy long term winners when they have short term problems. You may call them falling knives, I call them being on sale. Most of what I buy is with the mindset of never selling, or at the very least, holding several years. With a long to very long term horizon, volatility doesn't bother me too much. I've been investing for over 20 years now, through 3 major bubbles (dot com, GFC, and the present). I saved up $500, the minimum deposit required to open an UTMA brokerage account, in middle school. I convinced my grandpa to co-sign the account, despite the fact that he nor anyone else in my family owned stocks or any other investments (aside from CDs). Investing has been my foremost interest for as long as I can remember. While classmates may be reading Harry Potter, I was into Security Analysis and the like. Although I grew up trying to emulate the Buffett style, I morphed into more of a Munger mindset. Today, probably Mohnish Pabrai would best reflect my philosophy of favoring undervalued, while not outright ignoring generational growth opportunities. I have been self-employed my entire life and for the last several years, have been investing full time. Prior to that, for 6 years I ran an online business in the credit card space. I started it the same month Bear Stearns went under and despite my poor timing and the fact that all my customers (banks) were in trouble, I maintained profitability every quarter and never took any outside investments or loans. Eventually I sold it to a publicly traded internet company.  While running that business, the cash flow coming from it afforded me the opportunity to make high risk, high reward investments in private biotech companies. Two went public. Life sciences is a great interest/hobby of mine but because it evolves so rapidly and requires immense amounts of continuous due diligence, it is something I now only do on the peripheral of my portfolio. While the vast majority of what I buy may be considered boring, I do make investments in some highly speculative stocks.  Lastly, while I mostly agree that you generally lose more money preparing for a crash than you do in an actual crash, I like to keep a healthy cash allocation on hand for those opportunities when everyone else is panicking. For those funds I prefer munis and in fact, have been betting on long duration for nearly a decade now. Contrary to the prevailing mindset this last decade, there's far too much debt to sustain higher rates for any meaningful amount of time. I have been on Seeking Alpha for at least a decade but did not start writing on here until 2020, due to boredom during covid. Even more than parking, I despise paying for investment research. As such, I will only write about one article on here every 30 days, which is the minimum required to maintain SA Premium access. I would rather slit my wrists than charge you for my content, so you won't see a marketplace service from me. Raised in Michigan, live in Manhattan Beach, CA.

Analyst’s Disclosure: I am/we are long ASTS, NPA, NPAUU, NPAWW, VACQ, HOL, LMT, T. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.