ASTS dropped from $133 all the way to $65, and just when the shorts were popping champagne, a nearly 20% green candle pulled it right back to double digits. There’s real catalyst behind the rebound: the company confirmed that the next-gen BlueBird 8, 9, and 10 satellites are now fully operational. Plus, in August, there are plans to launch BlueBird 11-13, with peak satellite broadband speeds expected to double. Overseas expansion is also picking up speed. Japanese telecom giant Rakuten has officially formed a joint venture with ASTS, directly purchasing satellites with the goal of going head-to-head with Elon Musk’s Starlink. Previously, Q1 revenue missed expectations, and Wall Street applied some pressure. But management stuck to their full-year revenue guidance of $150M-$200M, with signed committed revenue reaching as high as $1.2B. Institutions have been heavily accumulating around the $70 level, and it’s clear that big money is positioning itself in this “space-based broadband infrastructure” leader. what you think?