$ASTS 5th major 40-55% drawdown since Jan ’25… just another day in the office or conviction breaking?

Since January 2025 this thing has gone through five separate 41-55% pullbacks (avg 49.2%), with the longest drawdown hitting 110 trading days. We’re currently in the 2nd longest at -50% over 66 days. The chart makes the pattern obvious, these violent corrections followed by recoveries have been standard volatility for ASTS. Painful to sit through, but historically not unusual for this name. A lot of people are treating this current leg down like it’s game over, but looking at the repeated behavior, it seems more like business as usual for a high-beta space play. Serious question for holders: Has this latest drawdown shaken you out, or are you still long-term bullish on the space-based cellular broadband thesis? Still diamond handing the full position? Trimming or adding on weakness? Already tapped out? What’s your updated thesis? Has anything fundamentally changed with the satellite deployment timeline, partnerships, or revenue ramp, or is this just more noise in a story that’s played out like this multiple times already? Drop your current position, TA if you have it, hopium, or bear case. Looking for real takes, not just “to the moon” spam. Let’s hear it.