Today I took a look at $AST SpaceMobile(ASTS.US), $Redwire(RDW.US), $Archer Aviation(ACHR.US), and $Red Cat(RCAT.US). This wave of emerging space and drone concepts is a mixed bag, with some winners and some losers. ASTS saw a slight rebound just before its recent earnings report, but the news about convertible bonds really made me hesitant to stick around. RDW has been getting hammered by shareholder selling for a whole month; even though it rebounded today, looking back after cutting losses always feels like an unwilling loss. The entire institution is starting to hype and bash ACHR, and $NVIDIA(NVDA.US) is also joining the fray—they're still the best at talking up the tech scene. RCAT is still moving steadily on the military-industrial front. Honestly, I've been watching these companies a lot but acting little. With too many recent lessons from cutting losses, I only dare to watch with a small position, afraid of chasing the peak again.