AMMO, Inc. (POWW): A Bull Case Theory

We came across a bullish thesis on AMMO, Inc. (POWW) on Twitter by northeasternsvf. In this article, we will summarize the bulls’ thesis on POWW. AMMO, Inc. (POWW)'s share was trading at $1.83 as of Feb 20th. POWW’s trailing and forward P/E were 17.35 and 13.35 respectively according to Yahoo Finance.

[caption id="attachment_598648" align="aligncenter" width="750"]ammunition , gun Pixabay / Public Domain[/caption]

Ammo, Inc. (POWW) is undergoing a transformative shift by divesting its low-margin ammunition manufacturing business to focus entirely on GunBroker.com, the leading online firearms...