Jun. 26 at 7:27 PM
$ASTS Looking forward to getting past tomorrow's Russell 1k inclusion, which has added some selling pressure. This is due to Russell 2k funds selling off their positions, and Russell 1k funds buying into their positions, but with Russell 2k funds commanding more dollars than Russell 1k funds, this creates a net selling effect, which others then anticipate and position accordingly. Starting AH on Friday, this short-term selling pressure will be removed. Just as Russell 2k inclusion creates a short-term pump followed by a sell-off, this should do the opposite, creating a short-term bump as this selling pressure is removed.