SwingTrade Member Forum

[sludgehound]

AAMI.ob hammer w/ a bullet! .09 +.01

Check out today's candle for one heck of a tail. Low cost
penny bullet maker that has lot of Latin American military
contract, a few US ones, going into Canada. 'Green bullet'
that is lead free for environ friendly firing ranges. As
Cramer says, most bullets are used in practice, 95%.

1 warning - Revs 2X but losses means still unprofitable
2 warning - got lot converts overhanging 330M AS 90M OS
3 warning - has had pending 1:10 RS for few months now so
it's been asleep compared to prior fast moves.
Hasn't done much in PRs or contracts lately but tends to go on
those as they are business positive ones, not negs. Also
sells directly to dealers and buyers helps cut middle market and
they are expanding product output.

Note hammer comment:
http://www.investopedia.com/terms/h/hammer.asp
The signal does not mean bullish investors have taken full control of a security, it simply indicates that the bulls are strengthening.