Joined Dec 1, 2015
135 Blog Posts
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I am eyeing this as a fantastic short out six months. If it looks like a Republican is likely to Win the Presidency then this stock will implode. Why? Obama’s gun talk over the last several years has pulled forward at least 4 years worth of revenues. This stock is potentially a disaster waiting to happen IMHO. It goes on my white board of short ideas.
You know, that is a really smart call. The long thesis could implode big time
Definite short for the gamblers.
Firearms have reached a saturation point. AR’s for $500 and there are so many used firearms out there it it incredible, check out Gunbroker, 141,000 firearms for sale.
HOWEVER, if there is another 911 then all bets are off. That’s why I don’t short stocks.
Great short idea. Reminds me of people who were stocking gold bars in their garages several years ago.