Hold SATS by Aug 16, 2026.

When a stock with serious financial distress signals is trading near a 52-week high, it usually means the market is betting on a specific outcome. With SATS, that outcome is the $40 billion spectrum deal changing the balance sheet. I want to walk through the actual numbers because I think a lot of people are either all-in on the bull narrative or writing it off entirely, when the reality sits somewhere more nuanced. Let me start with why the bears …