AMMO Inc (POWW)

[Screech691]

$POWW spinoff coming with the opportunity to get 2 for 1 shares! https://finance.yahoo.com/news/ammo-inc-clarifies-spin-off-120000329.html

[SpaceManTrades]

Very well-defined double bottom here. Momentum shift soon in my opinion. Like tomorrow I think.

[Screech691]

$POWW double bottom confirmed today - chart looks ripe https://schrts.co/AbIqErRn

[SidewaysTrader]

The word is spreading for AMMO Inc but numbers are needed now and I’m sure they are coming

[Screech691]

$POWW looks like a free share giveaway to me!
https://finance.yahoo.com/news/ammo-inc-clarifies-spin-off-120000329.html "each current shareholder of AMMO will own one share of Outdoor Online, Inc., comprised of GunBroker.com and its related online businesses, and one share of Action Outdoor Sports, Inc., "

[TommyBoyTrader9460]

$POWW News just crossed the wire..

AMMO, Inc. to Present at MicroCap Rodeo Windy City Roundup 2022

[SidewaysTrader]

Maybe SPY has a better day and takes POWW with it!

[TommyBoyTrader9460]

$POWW Down on low volume..watching for this to bounce back strong..

[SidewaysTrader]

Looks like any big board is trending with SPY today including POWW

[TommyBoyTrader9460]

$POWW Love to see companies continue to build and grow..feels like anything under $3 is an absolute steal..from recent news..

AMMO, Inc. Celebrates Grand Opening of State-of-the-Art Ammunition Manufacturing Plant in Manitowoc, WI

[SpaceManTrades]

Maybe paranoid is the wrong word but I think overly cautious is probably a better way to put it. I'm pretty confident in what they've done and they're going to want to make a serious return on that 185k sq foot building which wasn't cheap.

[SpaceManTrades]

I disagree. I think they have a lot of upside remaining and I'm still calling $4 by end of October. Just my opinion of course but I think you're being a little bit paranoid.

[Kswies]

Nope, something wrong with this. Too many details missing and the fact that they just now "clarify" this tells me they are in trouble and grasping at straws. Lose the spinoff and remain one entity and I will buy back in. Something wrong with this. $POWW sold.

[TommyBoyTrader9460]

Market ridding rough terrain of late..looking for $POWW to weather it out and rise to the occasion..

[Screech691]

$POWW pullback with the shitty market on Friday, looking to resume our rebound north this week
https://stockcharts.com/h-sc/ui?s=poww

[TommyBoyTrader9460]

$POWW Love what I see from this company of late..and with bounce off bottom just underway.. and with analysts price target of $9 a share..this should be on everyone’s watchlist..

[SidewaysTrader]

I keep forgetting that IHub has big boards also. Rough day but the whole market is red

[SpaceManTrades]

Nice article. Thanks for sharing. Good stuff.

[TommyBoyTrader9460]

Excellent article Screech! A must read for all..

[Screech691]

$POWW ammo stocks are getting hot!

https://www.premarketbuzz.com/business/these-4-ammunition-stocks-are-riding-the-recent-gun-buying-wave-and-have-the-most-promising-outlooks/

[TommyBoyTrader9460]

$POWW Continues to trade strong here and hold its gains in a red market..like this one for continuation..love the update today..

[SpaceManTrades]

Looking at the chart and the price action and based off this morning's news and the news from the end of September I think this one is about ready to kick into high gear and we can seriously see a strong move to the high threes very quickly in my opinion.

[TommyBoyTrader9460]

$POWW Trading like a champ here today..about to retest highs of the day..love the steady move back up the chart..

[TommyBoyTrader9460]

$POWW Strong early buying volume on news out..

[SpaceManTrades]

Nice early move. Up 4% on decent volume. Market is receiving the news very well.

[TommyBoyTrader9460]

And there goes $POWW!

[Hawkeye_tt]

Good Swing trade here now.
Same as RIG is a Swing now for those looking.

Hawk

[Screech691]

2 shares for the price 1 of one!

[Screech691]

Boom $POWW! We've got news!
https://finance.yahoo.com/news/ammo-inc-clarifies-spin-off-120000329.html

[TommyBoyTrader9460]

$POWW News just out..excellent update here…

AMMO, Inc. Clarifies Spin-Off Metrics in Response to Shareholder Inquiries

https://us.etrade.com/e/t/invest/wsoddirect?wsod_page=%2Fv1%2Fstocks%2Fnews%2Fsearch_results.asp%3Fsymbol%3DPOWW%26docKey%3D1-SN20221006006508-006508%26DMSourceID%3DDJNF%26Source%3DPMZN%26DisplayName%3DGlobeNewswire%26docDate%3D2022-10-06%252012%253A00%253A00%26headline%3DAMMO%252C%2520Inc.%2520Clarifies%2520Spin-Off%2520Metrics%2520in%2520Response%2520to%2520Shareholder%2520Inquiries

[TommyBoyTrader9460]

$POWW Very interesting…
Current AMMO (Nasdaq: POWW) shareholders will retain their full shares in Outdoor Online, which will be the new name of that company. This means that if you own 100,000 shares of POWW on the spin-off’s record date, you will own 100,000 shares of Outdoor Online on the spin-off’s distribution date. In addition, following the distribution of AOS’s shares, all POWW shareholders will own the same percentage of AOS shares as they do of POWW. In other words, if you own one-half of one percent (0.5%) of POWW on the spin-off’s record date, you will own one-half of one percent (0.5%) of AOS’s shares on the spin-off’s distribution date. Although the AOS share count hasn’t yet been finalized, solely by way of example, if the total AOS share count outstanding at the closing of the spin-off transaction is the same as the outstanding shares in POWW, you would receive one AOS share for every share of POWW you own.

[TommyBoyTrader9460]

$POWW Closed $3.30 AH.. up 4 percent AH..this is starting to gain momentum…

[TommyBoyTrader9460]

$POWW Starting to move higher AH now..this one is starting to get some eyes as the chart is starting to break higher with room to run..

https://stockcharts.com/c-sc/sc?s=POWW&p=D&b=5&g=0&i=0&r=1664984987609

[SpaceManTrades]

Pretty good day here. Moving up off solid support and heading toward first resistance.

[TommyBoyTrader9460]

$POWW Starting to get interesting here..and still early in it’s reversal..

[TommyBoyTrader9460]

$POWW Nice steady climb here with a ton of room to run..

[TommyBoyTrader9460]

$POWW Hitting HOD at 3.09..looks ripe to break out here..

[Screech691]

chart looks good for reversal, completed a starter at $3 average

[The Lawman]

The board needs to explain the claims made by Urvan who is not only a director, but the company's largest shareholder.

In addition, Urvan needs to host a call for interested shareholders to explain his position, and answer their questions.

[CaoPanShou]

Just got ugly, Urvan is making veiled threats against the board.
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220919:nBwbzRyBka&default-theme=true

[fluffy1947]

Should be an interesting annual meeting.

[CaoPanShou]

Looks like Urvan and Susan are attempting a hostile takeover.

[Wits Basin]

I did not see that coming.

[GMC Silverado]

Would be nice if shorts went elsewhere..

[Wits Basin]

If the shorts don’t cover they will get nothing. Short squeeze coming at some point.

[Kswies]

Spinning off Gun Broker eh, see you boys and girls later. GLTA that stay.

[Heywood4164]

2 separate companies coming ..huh I wonder if that’s to satisfy the govt contracts and distance from gun broker?

[MADDSTACKER]

We should be $10 at least imho

[fishhunter]

If it can power over 5.10 then a major breakout is underway. It has hit this level 2 or 3 times but can’t get through. Maybe today?

[luckydude777]

We'll see if we can get some major upside now after today's news. This SHOULD be a $10 stock already.