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Thursday, 11/19/2020 2:52:30 PM

Thursday, November 19, 2020 2:52:30 PM

Post# of 916
I don't know very much about charts but a three year old can see there's thick ceiling at $3.00 per share and after multiple failure attempts, the stock has dropped 25% to $2.30. Why would you think diluting the stock would make the stock go up? A fifth grader understands the law of supply and demand. The Ammunition boom has shown max demand for the ammo industry and for the already severely overvalued POWW shares and 7 million more shares is a huge pile of supply. the stock will soon see much lower prices. I look at the balance sheet and management and the income statement vs. charts and based on that, and much much much more, POWW should be .75 cents per share BEFORE the massive dilution of shares that are about to smash you in the face.
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