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1
Cash
2021 Feb 9, 1:46pm
For what it's worth it looks to me it will easily retest the high going by that tiny inverted H&S then on a break of the high
that large C&H takes shape. It looks like a good find to me. I would play it if I had any cash on the sidelines at $8.25+/- in below
the ATH 8.90
that large C&H takes shape. It looks like a good find to me. I would play it if I had any cash on the sidelines at $8.25+/- in below
the ATH 8.90
2
Onvacation
2021 Feb 9, 2:34pm
Onvacation
2021 Feb 9, 2:34pm
Soon Biden will make you register and insure each bullet. The actual bullet must have a microchip and the case must have a unique serial number.
If you want to invest in bullets, buy some bullets.
I hear yams store well too.
If you want to invest in bullets, buy some bullets.
I hear yams store well too.
3
Eric Holder
2021 Feb 9, 3:16pm
Eric Holder
2021 Feb 9, 3:16pm
Onvacation says
There are no votes in the Senate for that. Can't do it through "reconciliation" BS either.
Soon Biden will make you register and insure each bullet. The actual bullet must have a microchip and the case must have a unique serial number.
There are no votes in the Senate for that. Can't do it through "reconciliation" BS either.
5
Patrick
2021 Feb 9, 10:44pm
Patrick
2021 Feb 9, 10:44pm
I'd say their revenue looks to be increasing nicely, but their losses too:
https://finance.yahoo.com/quote/POWW?p=POWW&.tsrc=fin-srch
I might put some money into it as a speculative bet, not a whole lot.
https://finance.yahoo.com/quote/POWW?p=POWW&.tsrc=fin-srch
I might put some money into it as a speculative bet, not a whole lot.
6
joshuatrio
2021 Feb 10, 7:51am
joshuatrio
2021 Feb 10, 7:51am
I think a lot of their losses come from having to buy raw materials and expanding their factory for more capacity. Once this plays out this could be a massive win.
I read they have a backlog of 180m dollars worth of orders.
I read they have a backlog of 180m dollars worth of orders.
8
RC2006
2021 Feb 11, 10:18am
RC2006
2021 Feb 11, 10:18am
joshuatrio says
I can't help but think about companies that get caught up in other shortages like masks. Company invests in ramping up production because of hording and then gets screwed from lack of demand and over saturation afterwords.
I think a lot of their losses come from having to buy raw materials and expanding their factory for more capacity. Once this plays out this could be a massive win.
I read they have a backlog of 180m dollars worth of orders.
I can't help but think about companies that get caught up in other shortages like masks. Company invests in ramping up production because of hording and then gets screwed from lack of demand and over saturation afterwords.
9
joshuatrio
2021 Feb 11, 10:29am
joshuatrio
2021 Feb 11, 10:29am
RC2006 says
Maybe, except how many millions of new gun owners do we have in the US that'll be constantly burning through ammo at the range? Hell, over 5 million newbs in 2020 alone!
joshuatrio saysI think a lot of their losses come from having to buy raw materials and expanding their factory for more capacity. Once this plays out this could be a massive win.
I read they have a backlog of 180m dollars worth of orders.
I can't help but think about companies that get caught up in other shortages like masks. Company invests in ramping up production because of hording and then gets screwed from lack of demand and over saturation afterwords.
Maybe, except how many millions of new gun owners do we have in the US that'll be constantly burning through ammo at the range? Hell, over 5 million newbs in 2020 alone!
I'm slowly increasing my position on this one, but gotta stay with the headlines in case Biden's bullshit has anything to do with crushing it.
What are you opinions on this one???