Latest / AST SpaceMobile Podcast / Kook's Weekly - February 9 - Smoothies, Strokes, and SpaceMobile

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Kook's Weekly - February 9 - Smoothies, Strokes, and SpaceMobile · AST SpaceMobile Podcast

• 0:06
  This is the AST Space Mobile podcast.
• 0:11
  Just basically from the phone, be seamless, regardless of where
• 0:14
  you are. We don't want the user even to
• 0:16
  know that it's connected by satellite.
• 0:21
  Listen, the opportunity that we have is very, very, very large.
• 0:28
  Thanks for joining, I know it's late.
• 0:29
  Notice I just popped some food in the oven and figured it out,
• 0:34
  but I knock a spaces out just to keep with the tradition.
• 0:39
  Just as a quick public service announcement.
• 0:41
  What what happened to me this weekend is truly remarkable.
• 0:46
  And pan man and tot were just thinking like this guy.
• 0:49
  But I've been seeing a functional Dr. and just you
• 0:53
  know, 2026 is going to be a year of health for me.
• 0:55
  And I'm already a pretty healthy guy.
• 0:57
  Like I don't drink. I exercise a lot, but I wanted
• 0:59
  to go that next level. So I started doing peptides, but
• 1:01
  not the the Teemu peptides. I'm not there's no way I'm doing
• 1:05
  that. But so I was going am going to a
• 1:07
  real MD and it's fine. I've been doing it for a month.
• 1:11
  Feel like it's made a difference.
• 1:12
  Not you know, who knows, but on Saturday I just I kind of got to
• 1:16
  the bottom of it just now in Gemini because I just got my MRI
• 1:19
  results back. I basically created a perfect
• 1:21
  storm of a smoothie with so it's always a Brian Johnson story of
• 1:26
  a guy that invests $2,000,000 a year to live forever and he's
• 1:29
  like killed by a freaking fruit. That's my story.
• 1:33
  I had a smoothie that I put protein powder in it and the the
• 1:38
  ingredients were a cucumber and a lime and an avocado.
• 1:41
  And the lime is what did me in because that interacted with the
• 1:44
  protein in my stomach to create like sludge.
• 1:49
  And then when I did the peptide, that caused rapid dilation of my
• 1:52
  arteries. But then the Lyme being acidic,
• 1:55
  was contracting the arteries. And then of course I had to do
• 1:58
  the ASTS push ups. So I had broken in, I had broken
• 2:01
  Fridays up into one set on Friday and then I was going to
• 2:04
  do another set on Saturday, which I did.
• 2:06
  So that created them like rapid exertion.
• 2:08
  So then the triple threat of those three things basically
• 2:12
  caused a stroke, which is pretty remarkable.
• 2:16
  But as Gemini says, it created a a perfect storm to create a
• 2:23
  massive metabolic crash. So I still feel awful.
• 2:28
  But that apparently is normal too when you basically Rev and
• 2:32
  then shut down the engine at the same time.
• 2:35
  But I guess the PSA is if you're doing peptides, be careful.
• 2:40
  Definitely do it under a doctor like I did.
• 2:42
  So I was able to immediately get a stat MRI to make sure I hadn't
• 2:45
  had a brain hemorrhage, which is pretty scary at some level I
• 2:49
  thought, well at least at least I completed my work with ASTS.
• 2:52
  But this whole dying young thing kind of sucks.
• 2:56
  And anyway, that's my PSA today is don't do what the Internet
• 3:03
  says, which is order peptides online.
• 3:06
  So let's do a recap of things not to do.
• 3:08
  Don't use margin, don't use short term options for your core
• 3:11
  position, and don't do teamu peptides.
• 3:14
  So I hope everyone has a nice healthy profitable life after
• 3:17
  listening to Kooks weekly. Thanks for joining.
• 3:20
  But anyway, in all seriousness, holy crap that was super fucking
• 3:23
  scary. And the scariest thing is at
• 3:25
  3:00 AM when I thought I was going to die, I had to make the
• 3:28
  choice. So I call 911.
• 3:30
  It was my son's birthday the next day too, of course.
• 3:31
  So if I call 911 and wake up my wife, she's going to go to the
• 3:36
  hospital with me to make sure that I actually die.
• 3:38
  Because if I ended up being fine and I had an ambulance show up
• 3:42
  at 3:00 AM and ruined my son's birthday party, she would have
• 3:44
  finished the job that the lime started.
• 3:47
  So I decided that I had to just sit in bed and die in my bed if
• 3:52
  that was what was going to happen.
• 3:53
  Because otherwise my wife would never forgive me.
• 3:56
  She'd never believed that the probability of events of the
• 3:59
  night before my son's birthday this happened, then she would
• 4:01
  assume that. I don't know what she would
• 4:03
  assume, but she would have she would have executed me.
• 4:06
  So yeah, anyway, be be scared of your wife is also.
• 4:11
  And she agreed with my logic. I told her today I was like, I
• 4:13
  was scared you're going to kill me.
• 4:14
  She's like, you made the right call.
• 4:15
  She was, I think, happier for me to suffer.
• 4:18
  She's actually calling me right now.
• 4:19
  I hope she can't hear me. OK, so let's do a quick recap of
• 4:23
  last week, knowing that I have to start getting to work on this
• 4:27
  week. But last week was pretty nuts.
• 4:28
  You know, at first, the market fell apart, which wasn't a huge
• 4:32
  surprise. AIAI and then people seem to get
• 4:35
  the idea that the the space stuff with AI data centers
• 4:42
  applied to us. So then we ripped and then we
• 4:44
  got smoked because the Amazon came out with a fixed wireless
• 4:49
  constellation to compete with SpaceX and then people realized
• 4:53
  that wasn't competition. So then we went back up.
• 4:55
  So holy moly, This is why again, if you trade the Vol, this is a
• 4:59
  great stock for you. And that's what I'm trying to
• 5:01
  get better at by by learning from people like Matt, who does
• 5:06
  TA reform traders, who does TA the guy, the Singaporean guy,
• 5:11
  you know, if I can really say his name, but he has all the
• 5:13
  card symbols in his name. And so they're interesting, you
• 5:16
  know, to have a little trading position if you want to
• 5:18
  entertain yourself. I can't resist now.
• 5:21
  But for core positions, obviously the the better thing
• 5:23
  is just to to sleep, which is a funny story.
• 5:26
  It's got a phone with my real estate agent who I've gotten
• 5:29
  into ASTS. I never really knew what he
• 5:32
  owned, but I asked him because he he was like, yeah, this is
• 5:34
  crazy. I'm losing like $300,000 a day.
• 5:36
  And I went, how much do you own? And I've made my real estate
• 5:41
  agent more money that he, I think more money that he's
• 5:43
  cumulatively made in his career, which is just cool because he's
• 5:46
  a really wonderful person, really love his family.
• 5:48
  And so that's just a really great story.
• 5:50
  And I know there's a lot of people on this call that have
• 5:52
  had the same outcome. It's just super cool when that
• 5:55
  happens to people. And he's the type of guy that
• 5:56
  has no idea really what's going on.
• 5:58
  He's not a finance person. So he just kind of checks in
• 6:01
  from time to time. He's like, hey, kook, do you
• 6:04
  sell? I'm like, Nope, all right.
• 6:05
  And he goes and does his life and he's compounded very well.
• 6:11
  So that's a that's a cool story. I know.
• 6:12
  I, I see one of my Italian friends on this call.
• 6:15
  He's doing the same strategy of just, you know, damn the
• 6:18
  torpedoes. I'm rebuilding the Roman Empire
• 6:21
  and that that's a, you know, a Millennium type of exercise.
• 6:25
  And so the Longview has been good on this stock, especially
• 6:28
  when trying to navigate weeks like like last week.
• 6:32
  So what do we have in terms of the fundamentals?
• 6:35
  US testing began, that's exciting.
• 6:37
  It's also proof positive that we're having that first net
• 6:39
  spectrum. The international spectrum is a
• 6:41
  go. That's great.
• 6:43
  We had AFM one sighting on visuals.
• 6:46
  We think it's a little hazy. I still when I look at the data,
• 6:53
  I actually don't have it up. I didn't.
• 6:54
  I checked it last night. But when I'm looking at the
• 6:57
  satellite on my data, let me just pull up now while I do it.
• 7:01
  I still think that they probably unfurled and I don't know why
• 7:06
  they wouldn't announce it. But I could also see the
• 7:08
  argument of why announce it? Because if I were Scott, I would
• 7:14
  always think about conditioning my audience.
• 7:16
  And so by giving little small details all the time, you start
• 7:20
  to condition your audience toward information overload and
• 7:25
  and that can come back to haunt you down the line.
• 7:29
  And it because it ties you to effectively a form of
• 7:32
  disclosure. So I could see it both ways.
• 7:35
  There's three logical outcomes. One, that it did not unfurl. 2,
• 7:41
  that it has unfurled, but they decided not to announce it
• 7:47
  because they want to package everything together.
• 7:49
  Or three, they, it unfurled and they didn't announce it because
• 7:54
  we already did the work. And so it's quite possible that
• 7:58
  they're just saying, well, space mob kind of announced it.
• 8:00
  And by doing micro announcements, we sort of become
• 8:04
  a micro cap thinking stock versus a big company wouldn't
• 8:09
  necessarily give all the details.
• 8:11
  So we'll, we'll find out in hindsight, we'll be able to
• 8:13
  correlate whether or not we're right or not.
• 8:14
  I'm looking at this right now. The drag spikes went down, had a
• 8:18
  little bit of a hiccup. I've got another monitor that
• 8:21
  tracks everything together, but otherwise the satellite looks
• 8:24
  like it's, you know, pretty, pretty controlled and it's,
• 8:27
  it's, it's there. So that's all we could ask for.
• 8:30
  And then FM 2 is on deck. So New Glenn 3 is the, the
• 8:35
  vehicle and we're tracking that carefully.
• 8:38
  If anyone has any unique insights in terms of the dates
• 8:41
  status of New Glenn 3, even if they're hearsay, just please DM
• 8:44
  me because I can go over some of those assumptions with with some
• 8:48
  other people and correlate those things, Of course, sort of in a
• 8:51
  tight circle of confidence. And it's just interesting stuff.
• 8:55
  I really cannot wait to see that launch.
• 8:57
  I hope I can make it. And increasingly there's a lot
• 9:00
  more people that can't wait to make it.
• 9:03
  So when you look at the the work, only 6 inches does he, he
• 9:07
  does a lot of nice consistent work.
• 9:08
  The type of stuff I like to do. He's looking at the headcount
• 9:11
  and headcount don't lie. So even in the age of AI, where
• 9:14
  people are becoming more and more efficient and so you need
• 9:18
  less, the headcount growth here has just gone parabolic.
• 9:21
  And so this company is rapidly scaling.
• 9:23
  It's it's telling you that they're moving into the
• 9:26
  opportunity. They're not waiting to see if
• 9:29
  the opportunity is right. And and why is that?
• 9:32
  So why do they need to go big harder, faster?
• 9:35
  It's because the Tam is big. So we had some cool stuff this
• 9:38
  week and Pan Man, who you might know from spaces such as I am a
• 9:43
  pumper and I'm a Pumper Part 2. And I think it goes all the way
• 9:49
  to the series 5000. He also came up with this little
• 9:53
  cool thing called Hyundai Motor Group partners with Vodafone IoT
• 9:56
  to deploy connected cars in five countries in the Middle East.
• 10:00
  And so India did this, if you remember from a couple spaces
• 10:02
  ago, they're requiring cars to be connected.
• 10:06
  And so this is going to be an increasing trend over time and
• 10:11
  just more Tam. And then the next thing is
• 10:13
  Firstnet. So Firstnet is definitely
• 10:15
  happening. We have the people at Firstnet
• 10:17
  testifying. So I've included that link.
• 10:20
  We talked about it last time. But then also the spectrum
• 10:25
  groundwork is very important to this story.
• 10:28
  And so there's been a little bit of a interesting adversary
• 10:32
  proceeding, if you will, or ironically, something that did
• 10:34
  not go to a formal adversary adversary proceeding in the
• 10:37
  Legato docket. But VSAT is, you know, trying to
• 10:40
  be annoying, but it's just kind of proof positive that legato is
• 10:43
  very interesting. And some other things we learned
• 10:47
  this week on the spectrum front is just what type of efficiency
• 10:50
  this company can achieve. And so end where was this this
• 10:55
  closed? They might have been a Vodafone
• 10:57
  document. They showed that they could
• 10:59
  reach spectral efficiency of 6 bits per Hertz.
• 11:04
  We have been thinking of like 3, but initially 2 bits per Hertz,
• 11:09
  but then also because of spectrum reuse, this multiplies
• 11:12
  through. And so we're starting to see
• 11:14
  data capacity that is dramatically higher than we
• 11:19
  would have ever predicted. And that's important because
• 11:21
  that just means our efficiency is very high.
• 11:23
  And as Katzie says, spectrum will always flow to the most
• 11:26
  efficient use of spectrum. I believe that to be one of the
• 11:29
  core first principle observations of of space mob.
• 11:32
  It's really kind of in our, I don't know if we have 10
• 11:34
  commandments, but we have that first commandment of spectrum
• 11:38
  will go to the most efficient use.
• 11:42
  So it's commandment 1 and it might just be the other 9
• 11:46
  commandments are exposed him Farrar as the Fudster he is.
• 11:51
  And that might really just be our 10 commandments.
• 11:53
  But the first one is important and then we had a public notice
• 11:57
  for Legato. So that's proceeding the judge
• 12:01
  overseeing this is not very entertained by anyone getting in
• 12:04
  the way of this, which is good. So I expect some nice, not
• 12:10
  announcements per SE, but just developments on this legato path
• 12:14
  which will set us up for future growth.
• 12:16
  And you know, it's just really going back to the product road
• 12:19
  map here. That's what you want to see with
• 12:20
  a with a monster sized company and the product road map with I
• 12:27
  might have got these tweets reversed, but the product road
• 12:28
  map around the spectral efficiency is really important.
• 12:32
  And now I see that the person that discovered this was Doctor
• 12:35
  Mike. So Doctor Mike Scientific Mike
• 12:37
  PhD Mike turns out when someone guy has a PhD and something very
• 12:42
  complicated, they tend to be pretty good analysts.
• 12:46
  And so attention to detail is this guy's middle name and he's
• 12:50
  the one that found this really cool spectral efficiency note.
• 12:53
  So I highly encourage everyone to read that.
• 12:56
  It's under the the retweet I did of product road map goes crazy
• 13:00
  and it's my retweet of his work. So it's really nice stuff.
• 13:04
  Nice find right there. And our technology is
• 13:07
  dovetailing with Apple's goals and Katzie picked up that we are
• 13:11
  testing iPhone 17 series phones. Shocker.
• 13:18
  So the Apple ASTS story I think is going to get some more legs.
• 13:23
  We every time SpaceX does sort of how do we fix our system to
• 13:27
  work? You know, people run Bloomberg
• 13:29
  articles on like SpaceX working with Apple and predictably ASTS
• 13:34
  goes down 10%. Well wait until ASTS actually
• 13:38
  working with Apple because it's dope instead of ASTS like
• 13:41
  praying their system will work with Apple, which is what SpaceX
• 13:44
  does. Wait until that story gets told.
• 13:46
  You know, that's when the short term options will get paid.
• 13:49
  If only you knew when. But the media is laying it out.
• 13:53
  And so increasingly the band of vagabonds that is space mom,
• 13:58
  everyone thinking we're lunatics and alone.
• 14:01
  We're now being joined by journalists.
• 14:04
  And so Forbes came out and does, you know, SpaceX versus AST
• 14:09
  Mobile and realizing that they're not the same quote.
• 14:12
  ASTS Space Mobile is developing much more sophisticated
• 14:15
  satellites with massive phased array antennas to compensate for
• 14:19
  the limited power antennas of today's phones.
• 14:22
  In this SpaceX matchup with Contender, ASTS Professor Frias
• 14:25
  says what will work best remains to be seen.
• 14:28
  So I guess they leave it open-ended as always.
• 14:30
  But that's what's good. That's why the stock at $100 is
• 14:33
  not a four con conclusion. I think as the risks and the
• 14:37
  uncertainties get resolved, we go yet higher, which is why I
• 14:41
  own my position. But then it's important to see
• 14:44
  the cementing of our relationships.
• 14:46
  The MN OS, we have 3 links here. We have Vodafone again saying,
• 14:50
  quote, our technology team has been working tirelessly on
• 14:53
  multiple fronts and preparing for commercial launch of the
• 14:55
  service. Well, that's good shows deep
• 14:58
  integration Rocket Lab or is our Rocket Tank 123 not to be
• 15:02
  confused with Rocket Lab Rocket Tank Find some really cool stuff
• 15:06
  from Vodafone's docket with the Scottish Affairs Committee
• 15:11
  showing just how deep the partnership is.
• 15:14
  That's that's encouraging. And then AMPAN man also find
• 15:20
  found a cool article about Vodafone just talking about the
• 15:23
  the key technology achievements they've had.
• 15:25
  And So what you just see is we're we're very important to
• 15:28
  these M and OS. We're tied at the hips, but then
• 15:31
  I believe we're tied it with the handsets too.
• 15:34
  And so Apple's vision for the iPhone 18, they got to sell
• 15:38
  these things, right? I'm already, I'm on an iPhone
• 15:40
  17. I think I'm just like, I'm fine
• 15:42
  with it. What's going to cause me to
• 15:44
  upgrade Space Phone? That's what causes you to
• 15:47
  upgrade. Everyone wants a space phone.
• 15:50
  And so Apple's vision for iPhone 18 and subsequent models
• 15:53
  represents A fundamental paradigm shift.
• 15:55
  The iPhone giant wants to make satellite connectivity natural,
• 15:59
  eliminating the need to point your phone at the sky entirely.
• 16:03
  Future iPhones are expected to maintain satellite connections
• 16:05
  while tucked in your pocket. They'll seamlessly switch
• 16:08
  between cellular and satellite networks as needed.
• 16:11
  Well, how do you describe ASDS Space Mobile without describing
• 16:14
  ASDS Space Mobile? That would be how you would do
• 16:17
  it. And we have the FCC filing
• 16:19
  showing they're doing the testing.
• 16:21
  So it's almost like the three points of fire, heat, fuel,
• 16:25
  oxygen. We kind of have the two points,
• 16:28
  but everyone on this call already knows the Third Point,
• 16:30
  just the market doesn't know it and that's that's neat.
• 16:33
  That's a future de risking event that will happen.
• 16:39
  And it's not only Apple that ASTS is getting in front of the
• 16:43
  the company is doing a great job being in front of the decision
• 16:46
  makers. So while they don't update us on
• 16:48
  the everyday operations of FM one, damn you Scott, update us
• 16:53
  as a side note, but the executives are talking to the
• 16:56
  people who apparently matter more than anonymous cartoon
• 17:00
  accounts that hold spaces with 0 notice on Monday nights.
• 17:04
  And so Michael Pollack, the executive vice president of
• 17:07
  government OPS Michael Pollack also is the same from the
• 17:12
  forbidden video and he is going to be speaking at Satchow 2026.
• 17:18
  And so one of my sources who is particularly vaccine, but I
• 17:21
  think I figured out a lot about him, someone who knows something
• 17:25
  about something with a lot of relevant experience retired from
• 17:29
  what I can tell, told me to keep an eye on SAT show.
• 17:32
  So this is where the people that matter are going to be.
• 17:36
  And it's very fitting for him to be there as we ramp up our
• 17:38
  government business. So I always appreciate when
• 17:42
  people randomly on the Internet give me kind of heads up on what
• 17:44
  to look at because then I am a little bit more aware when I see
• 17:47
  things. And this is one of those things
• 17:49
  that I saw which registered just because I got the prod from some
• 17:53
  special people. And I appreciate that.
• 17:54
  So is if you have unique insights, please DM me and I'll
• 17:58
  try to use those insights for the greater good.
• 18:02
  And while we're actually doing the greater good, Elon, with his
• 18:08
  kind of miraculous Asperger's channeled to quite incredible
• 18:12
  achievements, really can't help himself.
• 18:14
  And so once again, the SpaceX phone is back.
• 18:18
  Now a more rational Art of war student would say don't talk
• 18:22
  about the space phone, dude, don't talk about it.
• 18:25
  You're going to piss everyone off.
• 18:27
  Elon is like to reach a car, gosh, level 20 society, you need
• 18:34
  to have a phone made by us. He just like won't be able to
• 18:38
  help himself by saying something like straight out of some sci-fi
• 18:41
  novel from 30 years ago. But here he goes again talking
• 18:44
  about a phone and Apple is pissed off at them.
• 18:47
  So they're not giving any of global service spectrum.
• 18:51
  So this is how Elon responds. If you don't agree to Elon, who
• 18:55
  always thinks he's right and and frankly seems like he always is
• 18:57
  right, but he isn't really play nice against other people.
• 19:03
  So Apple says we're not giving you the global service spectrum
• 19:05
  and Elon says, screw you, Apple, I'm going to put you out of
• 19:07
  business. Honestly, I, I kind of see
• 19:10
  Elon's perspective, but the delivery, it's like sometimes he
• 19:15
  wants to make ASTS and go up and, and I'm fine with it, but
• 19:19
  then he says it's not true. But I'm the type of guy that
• 19:22
  says when someone says something's not true, that's
• 19:24
  effectively official confirmation for me that it is
• 19:27
  true. So good luck trying to convince
• 19:29
  me of anything because the second you say it's not true,
• 19:31
  I'm like, it's totally true and I'll run with it.
• 19:34
  But him making a phone actually makes sense to me.
• 19:36
  It's completely consistent with his DNA, his business
• 19:39
  philosophy. He's a direct to consumer type
• 19:42
  of guy. So I bet it's true and the MI
• 19:44
  knows, think it's true, but they also can't risk that it's not
• 19:47
  true. So it's a little bit of a
• 19:48
  Pascal's wager for these guys. You know, I better pray because
• 19:52
  if there's heaven, I'm really glad that I prayed.
• 19:54
  If there's no heaven, well, you know, whatever, I wasted 5
• 19:57
  minutes a day. But you know, it was a gamble.
• 20:00
  That's Pascal's Wager for anyone that isn't steeped in
• 20:03
  philosophy. And it's, it's frankly a really
• 20:05
  kind of interesting way to think.
• 20:08
  And if I'm the CEO of AT&T, I'm thinking?
• 20:12
  Yeah, I'm not going to risk it and have this guy take my
• 20:14
  clients. But meanwhile, Elon seems to
• 20:18
  have moved on. And so I think he's realized
• 20:20
  that the better story to sell on Wall Street is not the one that
• 20:23
  you're about to lose to ASD Space Mobile.
• 20:25
  Because I believe he's going to lose and I believe it's not even
• 20:27
  close. Why not go for something just
• 20:30
  fantastic like Skynet? And so everyone that's in an
• 20:35
  investment decision position knows and loves Terminator.
• 20:38
  First thing we think of is Skynet.
• 20:40
  And he's just going like, let's do this guy's like Sarah O
• 20:42
  Connor be damned, Skynet, let's make it happen.
• 20:46
  And so he is doing the 1,000,000 satellite AI data center in
• 20:50
  space to power his robots. And holy crap, you can never
• 20:56
  fault the guy for not dreaming big.
• 20:59
  And that's what you want to see in a great entrepreneur.
• 21:02
  And use the definition of the type of entrepreneur you should
• 21:04
  always put all of your money behind.
• 21:06
  I happen to think a bell follows in that narrative.
• 21:10
  I think a bell is a little bit more controlled and impulses,
• 21:14
  but equally insane. And that's important.
• 21:18
  Put your money behind very talented insane people who can
• 21:22
  build great teams. So add that to the list of don't
• 21:26
  do peptides with a lime smoothie, don't use a lot of
• 21:32
  leverage and don't trade short term options.
• 21:37
  And you know, that's, that's kind of my life advice.
• 21:39
  So he's really on this AI data center thing, which I get like
• 21:43
  this is the big idea. This is what I think is going to
• 21:45
  be the shiny object that distracts him, which is good
• 21:48
  news for us because I think he's going to kind of look for an off
• 21:50
  ramp on DTC because I think he's missed missed position for it.
• 21:54
  But good news is the SpaceX IPO is on.
• 21:57
  So you got the X sticker. That's great means our little
• 22:00
  kind of market focus on space will will be there.
• 22:05
  And he says that the space area is going to be easier for
• 22:08
  scaling AI, which I found very humorous because here we have
• 22:10
  anpan man going all in on terrestrial solar.
• 22:13
  And so the IRD just couldn't be greater is our favorite space
• 22:17
  bro finally went back to planet Earth and went terrestrial on on
• 22:21
  solar and then gets his glass cracked immediately by space.
• 22:25
  So, so it's like what you get stay in space, bro, don't go
• 22:29
  terrestrial. And meanwhile a bell saw the
• 22:31
  same thing. Data centers were in the patents
• 22:34
  from long ago. And so we have a attention
• 22:38
  oriented space Marbor at Tom Chad of fitness, also known as
• 22:44
  Timmy Turbo. I'm sure he has some pretty
• 22:46
  strong views on my experimentation with peptides.
• 22:48
  Probably he's like, dude, everyone knows just don't have
• 22:51
  limes before peptides. It's like, OK, I learned that
• 22:54
  the hard way. But you know, he found this cool
• 22:56
  patent shows that a bell saw this too.
• 22:58
  Again, a bell. Insane controlled team builder,
• 23:01
  critical things needed for greatness.
• 23:04
  But also if you want to be great, you need to have a bunch
• 23:06
  of lawyers, which we also have. But SpaceX files for some last
• 23:10
  minute law fair against us. The dockets kind of progressing
• 23:13
  its way. We could have full SES approval
• 23:16
  probably within next month. Is there a guess?
• 23:19
  We know that we have at just bar monitoring the FCC dockets for
• 23:24
  us. So I can assure you when the
• 23:26
  company gets FCC approval, don't follow me, follow Justin.
• 23:31
  He's going to be the guy breaking the news and it's going
• 23:32
  to be awesome. So we had some market turmoil.
• 23:36
  Of course. I think it's just this
• 23:38
  readjustment period to wash and just some seasonal stuff.
• 23:42
  But of course it gets everyone kind of bearish at the bottom.
• 23:45
  And of course, here we are with Wall Street giving us a double
• 23:47
  levered ASTS vehicle in order to do so.
• 23:51
  And this is another reminder is these leverage ETFs are, are not
• 23:55
  suitable for long term investing in my point of view.
• 23:59
  They have incredible amount of Theta decay, which basically
• 24:02
  means with time, unless a stock only goes in One Direction.
• 24:06
  If that's the case of the stock only went up, then these are the
• 24:09
  best things you could possibly own.
• 24:10
  If it grinds and ASTS grinds, then these are very terrible
• 24:14
  because you're you're always buying high and selling low.
• 24:18
  And that's why there's so much tracking error to these
• 24:20
  overtime. So just be very careful with
• 24:23
  these vehicles. If you don't know what you're
• 24:24
  doing, don't do it because you're going to hurt yourself.
• 24:28
  And no one wants to see that. Only people that want to see
• 24:30
  that is Wall Street. But no one on this call wants to
• 24:33
  see that because this is called team friend and team friend is
• 24:38
  friendly. So don't do that.
• 24:42
  Don't wake up one day and real well, first of all, shorting
• 24:45
  STS. Like if, if that's what you're
• 24:46
  doing, then you're probably on the wrong call.
• 24:48
  But if you were inclined to short ASTS, still don't do that.
• 24:52
  Find another way so you know, you don't get chopped up in the
• 24:55
  ball and dramatically underperform the intended risk
• 25:00
  that you were taking. So thanks for joining me on such
• 25:03
  short notice. I'm going to be back at it.
• 25:06
  I figured again, it's it's like, OK, fear of my wife prompted me
• 25:12
  to not call 911. But also, you know, my fear of
• 25:14
  superstition said, well, I have a lot of things I need to do
• 25:16
  right now, including the fact that I have Turkey patties
• 25:19
  burning in the oven at this exact moment because my alarm
• 25:21
  already went off God knows when. So my house is probably smoking.
• 25:25
  But I can't do the push ups tonight for fear of a stroke.
• 25:29
  But I feel like you guys can cut me a slack on that until I get
• 25:31
  the OK for my doctor. So I'll defer the push ups.
• 25:34
  I'll stack them in the back end. But I figured the space must go
• 25:37
  on because when we have $100 stock price, the only emotion I
• 25:41
  have is just being grateful. And so all of the insane
• 25:44
  superstitions, all of the community work, everything has
• 25:48
  to go in turbo drive because we can't jinx it.
• 25:50
  So don't jinx it. Keep, keep doing research, keep
• 25:53
  sharing it. Let's go stay strong so that we
• 25:55
  can deserve the $100 stock price that we are so fortunate to
• 25:59
  have. Have a great night.
• 26:01
  I will see everyone on Sunday. I'll be on the East Coast so it
• 26:04
  will be at a earlier hour and I know some people will be happy
• 26:10
  for that. Talk to everyone soon.
• 26:12
  Bye. Thanks for listening to the AST
• 26:16
  Space Mobile podcast. If you enjoyed this episode and
• 26:19
  you'd like to help support the podcast, please share it with
• 26:22
  others, post about it on social media, or leave a rating and
• 26:26
  review. To catch all the latest news
• 26:28
  about AST Space Mobile, make sure to subscribe.
• 26:31
  Thanks again and I'll see you next time.
• 26:37
  We're doing something very, very big an activity technology.
• 26:40
  We can really affect billion lives.
• 26:43
  AFT Space Global is the only company that has proven
• 26:46
  technology to deliver several of mobile connectivity directly
• 26:51
  from faith to everyday smartphone.
• 26:53
  People will just basically turn their phone and be Syndex
• 26:57
  regardless of where you are. We don't want the user even to
• 27:00
  know that it's connected by satellite.
• 27:03
  Our role is to bring this into reality, always in partnership
• 27:06
  with the MMO. Listen, Waffles.