Invest in POWW? No, literally POWW. (Ammo Inc.) via /r/wallstreetbets #stocks #wallstreetbets #investing


Invest in POWW? No, literally POWW. (Ammo Inc.)

POWW…the ticker for Ammo Inc. an ammunition company.

I think this company will do very well under Biden (as will other gun stocks). Up over 9% today, and they have a patent on a really cool streak visual ammo.

They are expected to report a 306% year over year revenue increase. They also have over $100 MILLION in backlog orders.

Imagine investing in a company that ALREADY has an excess of $100 Million in backlog orders, which is the equivalent to its market CAP.

They will be releasing earnings mid month.

Potential 3 to 5 bagger in the 12 to 18 months I feel. Ammo prices are through the roof right now.

Thoughts?

https://finance.yahoo.com/news/ammo-inc-continues-experience-rapid-123000025.html

https://finance.yahoo.com/news/ammo-inc-expects-report-second-133000953.html?guccounter=1

Edit: "millionmentor", a page with 6.8 followers this on instagram:

https://www.instagram.com/p/CHaoIewDprs/?igshid=1al0csnqzzues

Submitted November 11, 2020 at 05:43AM by ScienceDogood
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