$ASTS In the 25+ years I worked as a corporate executive in billion dollar companies, I had the opportunity to both participate in and lead complex global initiatives and projects that included cross departmental teams and technologies. One thing that I never heard from a single leader, nor did I ever speak as a leader was, "Listen guys, we know we communicated our goals and timelines to the team and they've slipped, but please stop asking questions. Please stop asking for clarification and probing the different things that could have gone wrong. Do not try and hold staff accountable and explain their positions or ask what they are going to do to get back to the original timelines. Just have faith that the teams involved will figure it out on their own, be quiet and be supportive.
Granted, we are not internal employees and will never have similar access, but we are, in fact, owners of the company. We have the right and, I would argue, the obligation to hold the management team accountable to the goals they publicly set, the performance to achieve those goals and communication from the company when those goals materially slip.
The fact that some are receiving shaming push back for doing that is alarming to me. This group has always been a welcoming oasis of information and camaraderie that I've never seen anywhere in my trading career. I hope we don't ruin that for the shareholder base that thirsts for access to this kind of community and that we do not live up to the bear narrative that we are just a bunch of misguided company cheerleaders who ignore and seek to silence negative information and instead simply push the company position. I hope we can continue to be the welcoming, due diligence dense, hyper focused, intel seeking investor group that we have been in the past.
To be clear, I still believe in the company and its mission. I sincerely appreciate the information and intel and the time members have taken to share it here. I also still hold just under 150K shares, but the very minute I lose faith in the leadership of this company, I am gone. The clock is ticking. Let's not f this up. NFA and FWIW.