SwingTrade Member Forum

[Rawnoc]

DAAT 4/2/09 update:

DAAT = debt-free, cash-rich, profitable, undervalued, sexy story with the company aggressively buying back shares in the open market.
Gun sales have gone through the roof which is helping DAAT since they sell gun locks, cases, and cleaning kits.

DAAT Q4 2008 earnings out:
Sales up 32%, EPS up 133% to +.04/share.
Trailing 4 Q earnings = +.06/share. PE of 15 = .90/share
Book value = .86/share
Cash per share = .10/share, monster jump in cash level.
Company has been aggressively buying back shares since Sept, an amount equal to 4% of the current outstanding shares.
Cost inputs going down for higher profits going forward.
New products just started being launched with more to follow.

"Gun sales spike amid fears of federal regulation"
http://www.mlive.com/news/chronicle/index.ssf?/base/news-16/1233919064211400.xml&coll=8

"Obama Driving Surge in Gun Sales, Firearms Groups Say
End-of-the-year statistics show background checks for firearms purchases rose sharply in the last three months of 2008."
http://www.foxnews.com/politics/2009/01/16/firearms-associations-claim-obama-drove-surge-gun-sales/

MORE DAAT DD & INFO & MESSAGE BOARD:
http://investorshub.advfn.com/boards/board.aspx?board_id=3270