RT @th3_m0l3: One reply under Elon Musk's spectrum post on Thursday night put the bear case in a single line: AST is cooked. By Friday midday the stock was down almost 15 percent, according to Barron's, so plenty of people traded it exactly that way. The analyst who covers the name read the same news the other way round. Michael Filatov at Berenberg kept his Buy on Friday, and TheFly carried his reasoning. SpaceX positioning itself "to compete with carriers by becoming one itself" leaves AST "as the natural satellite partner for operators." And in one sentence: "The decision by SpaceX to build its own network raises AST's strategic value." The line I care about most is the one about T-Mobile. When Berenberg opened coverage at the start of September, its base case did not assume T-Mobile
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