ASTS: Satellites fly, insiders don't buy — wait for $57-66.50AST SpaceMobile, Inc. Class ABATS:ASTSNasdaq-Bist100AST SpaceMobile (ASTS) - Aug 21, 2026 - Last: $68.73 VERDICT: HOLD, 40/100. Nothing here worth selling, nothing worth chasing. Wait for the zone. THE COMPANY IS DELIVERING - 6 satellites launched in 50 days; 13 now in orbit - $3.7B pro-forma cash, roughly 2.3 years of runway - $1.3B contracted backlog, 60+ mobile network operators - FCC granted 800 MHz direct-to-device authority on Aug 16 BUT THE PRICE ALREADY PAYS FOR ALL OF IT - Price/Sales 231x (RKLB 58x, IRDM 5.9x) - Free cash flow -$1.64B; net cash -$705M - Four consecutive quarterly misses - EMA20 67.79 < EMA50 71.49 < MA200 81.65: full bearish stack, and ADX 15.3 says no trend at all, just chop - Today's +5.5% came on roughly half the 20-day average volume INSIDERS - the weakest link in the story - Last 12 months: $459.7M sold by 8 insiders vs $187K bought by 2 - Rakuten exited $270.9M, American Tower exited $159.6M. Two strategic partners, both gone. - The stock traded at $53 in July. Not one insider stepped in. - The buys were 10b5-1 scheduled; the sells were discretionary. They bought on autopilot and sold by hand. - CEO has 5M shares (~$199M) locked in prepaid forward contracts settling 2027, floor $56.06 / cap $79.66 LEVELS I AM WATCHING BUY ZONE: 57.00-66.50 (BB midline 66.12 + July low 62.89). Price sits ~3% above the zone today, so no entry yet. FIRST TARGET: 80.00-86.00, where MA200 81.65 and the analyst mean 81.53 converge SECOND TARGET: 105.00-118.00 INVALIDATION: daily close under 51.50 ANALYSTS: consensus Hold. 13 targets spanning $50.80-$115, median $82.50. On Aug 11 seven firms acted on the same day - 3 target cuts, 1 raise, 3 reaffirms. Targets came down, but nobody moved to Sell. 12-month probability-weighted expectation +16.8%: bear $42 (25%), base $82 (50%), bull $115 (25%). The whole thesis rests on one number - 2027 revenue. If it lands, today's price looks cheap in hindsight. If it slips, no support level will save you. Not investment advice. Do your own research.