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AST SPACEMobile, Inc. (NASDAQ:ASTS) one of 11 Shares Jim Cramer recently put it under a microscope. He asked what a caller thinks about what a company thinks, and this is what Cramer said:
“Listen, sunlight, these shares like 50 points, these shares are straight to the 20s.
The air view of a communication satellite in orbit is radiated by the signal to the earth.
AST SPACEMobile (NASDAQ: ASDAQs) develops a blue sky satellite constellation to deliver a blue body from a spatial-based mobile broadband connected directly to smartphones. The company is targeting the reach of traditional land-based networks, including services, trade and government apps. On March 28, the company was remembered by Cramer:
“The biggest problem is the ugly balance sheet.
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Disclosure: No.