American Outdoor Brands Corp (AOUT)

[Portguyofva]

I'm still long and strong on SWHC. Actually added to my position today. IMO, the S3 shelf filing added the recent weakness we have seen, but IMO that weakness isn't merited. I thought we would bounce off the 200 and 50 day MAs, and we still might. If not, there is a lot of support in the high 8s. Not sure when and how quickly it will turn around, especially if we get market weakness which I think is likely. But IMO the downside risk is very low and the upside looks great. We are just getting our patience tested near-term. GLTY!