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Replies to #34494 on OracleTrading
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Rawnoc

12/18/08 10:56 AM

#40462 RE: MikeDDKing #34494

DAAT = undervalued, sexy story potential multi-bagger. With the election of Obama, gun sales have gone through the roof (DAAT's main line of business is selling gun cleaning kits to Wal-mart, Kmart, Sports Authority, and a ton of other major retail chains):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34018010

DAAT's sales for October 2008 alone were almost as big as all of last quarter combined!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33614797

In addition to the monster jump in sales, please note from the PR the drastic drop in costs for DAAT due to the huge drop in commodity prices. With DAAT trading at a fraction of tangible book value and growing very fast in this economy with cheaper costs, Q4 could be a potential sales & EPS monster! In addition, DAAT has a tiny float (5 mil shares), is debt-free, and their executives have very modest salaries (CEO pay = $70k annual according to Yahoo).

Interesting to note that SWHC (Smith & Wesson), which obviously sells the goods that lead to DAAT sales, has held up through the market's carnage the last 3 months:

http://finance.yahoo.com/q?s=swhc

DAAT has a number of new products recently launched and in development. With their retail customers being giant retailers such examples as Wal-mart, K-mart, and Sports Authority, the potential growth in sales through these relationships is very high IMO.

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