Poww Stock
Does anyone think this is a good buy for the long haul? Say 5 to 10 years?
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Dunno, BUT Lead is a very good long term investment!
Just sayin'
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Many think a hold or buy. Actually I think it has nothing to do with a balance sheet but more what the feds will do.
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Maybe... I'm underwater on it and have been for awhile. I thought it would be good and was for about a month then downhill since then, It currently is about half what i paid, so I'll just let it ride but not investing any more in it.
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I watched it bounce from about $3 to $10 then drop again. If Trump was still President (AKA a booming economy) perhaps
$20 per share would be in reason.
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Crashes in the markets started under Hoover , Bush , Trump and were fixed by FDR , Obama , Biden. Lincoln made some ppl rich to. The auto and internet did wonders for the economy. Red scare due to school taxes went up to pay for the baby boom.
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POWW has a patent on "green streak" a tracer bullet that can be seen only by the shooter. Their new state of the art factory opened today in WI.
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I worry this is a hobby for the CEO, not a job.
AMMO, Inc. Announces Plan to Separate Ammunition and Marketplace Businesses into Two Independent Publicly Traded Companies
Create Separate Industry Leading & Laser-Focused Companies Following Separation , Fred Wagenhals Will Serve as the CEO /Chairman of Marketplace Business, Outdoor Online, Inc., Including the GunBroker.com Brand and Related On-line Business Operations and Chairman of Action Outdoor Sports, Inc. New Team to be Named to Manage Action Outdoor Sports, Inc., the Ammunition and Munition Components Business , Responsible for Curating the Well-Established STREAK, Signature, Blackline, /stelTH/, AMMO Brass and Hunt Ammunition Brands, While […]3 -
His experience is a valuable asset. I think the separation will benefit both companies.
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The price is getting close to $3 per share. Some youngster might be wise to buy in now.
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Ammunition as we know of it for war will be history shortly, kind of late for investing in it now....lasers will be the coming thing.
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Maybe it is best to look at what you have now and count it as a blessing rather that thinking the future will be bright under the current regime. Buy, sell, hold nobody ever knows but as long as the MONSTER fed is out of control I have a gut feeling the fix is in and WE THE PEOPLE are gonna pay dearly.
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