Anp🅰️nman
@spacanpanman
Red-bean filled bread man. Tweets are ideas and opinions, not investment advice. #forsteve
$ASTS: RT short interest and borrow rate. Keep on keepin' on. 7/22: 40.4M 0.71% 7/21: 38.6M 0.71% 7/18: 38.8M 0.9% 7/17: 39.3M 1.02% 7/16: 37.2M 1.04% 7/15: 39.3M 1.01% 7/14: 39.2M 1.24% 7/11: 39.6M 1.35% 7/10: 39.6M 1.85%
$PGY: There's now $1.5B of investor demand for the $450M high yield offering. Deal will get priced today and will likely come cheaper (coupon) and bigger (upsized).
$ASTS: I have a feeling a bunch of big announcements are about to hit this and next week.
$PGY: Great valuation writeup by @mvcinvesting on Pagaya. Def worth a read. Direct Link: mvcinvesting.substack.com/p/pagaya-techn…
I just published a new article: "Is It Too Late to Buy $PGY? My Valuation Model" Feel free to check it out. Link in bio.
$ASTS: 🚨FIRSTNET, AST MOVE AHEAD WITH PLANS FOR D2C COVERAGE FOR FIRST RESPONDERS "FirstNet notified the FCC on Friday July 18 that it had reached an agreement with AT&T, on whose network it runs, to expand their partnership to include satellite coverage, and that the telco had…
New FCC filings show AST and AT&T's FirstNet are pushing ahead with their plan to expand first-responder cell coverage under FirstNet with AST's satellites. Read more on Light Reading: bit.ly/4o2xzRi
$PGY: THESE GUYS ARE ON FIRE! Pagaya Closes AAA-Rated $400 Million RPM Deal, its Fourth Auto ABS of the Year + AAA-rated deal brings total Auto ABS issuance to $1.3 billion year-to-date and marks 10th ABS transaction across all asset classes in 2025 + Over $8.5 billion of…
$ASTS: Very cool story AST SpaceMobile from @DoctorBradberry when he spoke to AT&T senior leadership and gave a shoutout to ASTS!
Here's a story the Spacemob might appreciate. I did a keynote spring of last year for ATTs senior leadership team including John Stankey. I opened by saying I was a Verizon customer as long as they had been in CA and I had just switched to ATT because of their agreement with…
$ASTS At the Space Foundation, Innovate Space: Global Economic Summit, at the Golden Dome × Cerberus panel, we had an intro where the new players were introduced.
$PGY: Pagaya launches highly accretive $450M high yield deal replacing 13-14% senior secured loans with 9-9.5% unsecured paper. Market reacts by sending stock down 10% to $28.25 premarket. 🤣 ThE maRKeT is eFFiCIenT! 🤪
$PGY: 🚨 Hearing order book over $1.2 billion in demand and coupon will come in tighter than 9.5%
$PGY: Hearing the new high yield offering may get upsized to $500M on strong demand and initial price talk is 9.5% coupon! This is super bullish - Pagaya is repaying its ~13% Term Loan and ~14% Revolver. That's some serious interest cost savings on top of giving Pagaya a ton…
Not entirely sure people/market get the implication here of the FirstNet 700MHz nation wide spectrum amendment. 🚨 IT’S OK FOR COMMERCIAL USE! 🚨 $ASTS and AT&T will be able to use spare capacity for commercial coverage. Let’s look at what First Responder Network said. 🧶🐈⬛ 1/
It gets better. -AT&T and $ASTS can use any free capacity to Service their commercial users. -And as @CytoplasmicANA pointed out this feature will push Verizon to also make their 700MHz FirstResponder spectrum available to SpaceMobile. $ASTS
The Bull Case for Pagaya $PGY Since I began writing about Pagaya, the stock has roughly tripled. So now is a good time to re-evaluate the company and reassess its fair valuation. I'm not going to focus on 2024 or the past year, as both are skewed by legacy write-offs and the…
$ASTS: 🧩The puzzle pieces continue to snap into place
🚨BREAKING - FIRSTNET ASKING FCC TO AMEND ITS CONTRACT WITH ATT TO ALLOW FOR SCS USING AST SPACEMOBILE @AST_SpaceMobile $ASTS This pretty much confirms that AST will get a contract with FirstNet (not if / when - probably very soon). FirstNet is a game changer, that will save…
$PGY: Hearing the new high yield offering may get upsized to $500M on strong demand and initial price talk is 9.5% coupon! This is super bullish - Pagaya is repaying its ~13% Term Loan and ~14% Revolver. That's some serious interest cost savings on top of giving Pagaya a ton…
