The Setup Before AST SpaceMobile's Next Big Rerating

<p>AST SpaceMobile ($ASTS) sentiment is near all-time lows while short interest hits record highs - Anpanman breaks down what&#39;s next.</p><p><br></p><p>Anpanman opens with the setup: implied volatility near all-time lows, short interest at an all-time high (65-94M shares), and sentiment washed out across Reddit and X. He argues these three ingredients, combined with looming catalysts, create the conditions for a violent rerating in ASTS stock, just like the move from $2 to $39 after the AT&amp;T and Verizon deals.</p><p><br></p><p>He then digs into the near-term picture for satellite production and launches, including Bluebird 11 deployment questions, batch 3 and batch 4 shipment timing, and Blue Origin&#39;s New Glenn tower stacking ahead of a possible December static fire. Anpanman also covers Golden Dome, the 800 MHz Grain spectrum decision, the US Telco JV, and why a T-Mobile and Deutsche Telekom direct-to-cell agreement could be the biggest catalyst yet.</p><p><br></p><p>The episode wraps with a candid warning about options and leveraged ETFs like ASTX, why sizing matters more than being right on catalysts, and a live Q&amp;A covering beta service targets, commercial service timelines, Meta rumors, and potential long-term acquirers.</p><p><br></p><p>00:00 Introduction</p><p>01:38 Implied volatility near all-time lows</p><p>02:56 Short interest at an all-time high</p><p>03:51 Sentiment near all-time lows and communication concerns</p><p>06:10 Why delays are part of building something hard</p><p>07:38 The washed-out setup meets upcoming catalysts</p><p>09:02 Comparing ASTS to other space stocks</p><p>11:37 Lessons from the AT&amp;T and Verizon rerating</p><p>12:31 Golden Dome and 800 MHz spectrum from Grain</p><p>13:06 US Telco JV and T-Mobile discussions</p><p>15:09 Bluebird 11 deployment update</p><p>17:19 Why losing a satellite isn&#39;t a big deal</p><p>19:35 More catalysts: T-Mobile, Deutsche Telekom, JLEO</p><p>20:07 Blue Origin New Glenn tower stacking update</p><p>21:19 Options risk and sizing lessons</p><p>27:19 Why leveraged ETFs like ASTX are dangerous</p><p>33:49 Reflecting on the current drawdown</p><p>41:18 Q&amp;A: beta service targets and stock price outlook</p><p>48:15 Q&amp;A: commercial service timeline and launch cadence</p><p>50:50 Q&amp;A: Meta rumors and potential acquirers</p><p>54:16 Q&amp;A: T-Mobile timing and radar award</p><p><br></p><p>🎙️ Catch all episodes on Spotify: https://open.spotify.com/show/5u6rTxenTvGw4STNbjswA