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POWW. Ammo INC.....your ammo play for 2021

Posted on 1/28/21 at 7:13 pm
Posted by L S Usetheforce
Member since Jun 2004
22765 posts
Posted on 1/28/21 at 7:13 pm
So they have secured an international contract for 7.62 for both import/export. They also increased their manufacturing capablities.

They have never turned a profit but I have a feeling q4 will be the 1st.

OLN(Winchester) just released q4 as of 1/28/2021 and it was 354 Million 2020 vs 154 2019. Ammo sales were up 120%.

I would rank this as one of best stocks to buy under 6 dollars for 2021. There is no AMMO and they produce a fad round for target shooting that is super expensive in addition to a normal product line.

I have 7500 shares @ 5.81 pps

10 stock under 10

I see 10 by July and if demand remains as ridiculous as it is now, it will be a 100%er by end of year.

Ammo Inc
This post was edited on 1/28/21 at 7:18 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/28/21 at 7:15 pm to
MT hasn’t let me down yet. I’ll take a dip.
Posted by JescoWhite
Ripped Out Of The Frame
Member since Jul 2011
766 posts
Posted on 1/28/21 at 7:29 pm to
I've had this on my watchlist but got 'distracted' with AMC - missed a nice dip on Monday. Hoping for another between now and Q4 earnings on 02/16.
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/28/21 at 8:31 pm to
quote:

So they have secured an international contract for 7.62 for both import/export.

7.62x39?
it’s readily available at “normal prices” all over the place and always has been. 0.50/round

LINK
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/28/21 at 8:36 pm to
also, everything on their website is out of stock
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/29/21 at 5:39 am to
Go buy some ammo then on ammoseek. Readily available at normal prices....big shooter huh.

At the very top of cgrands link

quote:

Since March 12th, online ammunition retailers have been experiencing demand like never before in the history of the gun industry. Nope, not even the panic buying due to the concern over a potential gun ban during the Obama presidency has seen demand like we are seeing. It isn't an understatement to use the word 'insane' to describe it. We all need to take a step back and realize most retailers are doing the very best they can to fulfill the influx of orders. It requires patience and understanding. We live in the age of Amazon.com. We have been conditioned to expect online purchases to reach us within days, not weeks, or months. It wasn't too long ago when ordering via mail nearly always took 6-8 weeks to be delivered. Online ammunition retailers were not prepared to meet the demand caused by the COVID19 (coronovirus) outbreak. Because of this, we need to adjust our expectations. If you order ammunition online (particularly the most popular calibers) as of this writing (April 3rd, 2020), you should prepare yourself for the following: A product page that shows an item as in-stock may not actually mean it will be in-stock once your order is processed. Your order may be cancelled and money refunded. Your order may be backordered/delayed. Your order may take longer to be delivered to you. You will likely pay a higher price for the same product you could have purchased cheaper just 2 months ago.


So is yours! If you are going to discredit DD at least read your damn website link first.
This post was edited on 1/29/21 at 5:54 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 6:01 am to
ammoseek is a database not a retailer
if you actually click through the the links, the retailers have the ammo in stock ready to buy

you would know this if you actually read the link I posted

Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/29/21 at 6:03 am to
If you actually read what they warn....it explains in great detail what their retailers are telling them.

A product page that shows an item as in-stock may not actually mean it will be in-stock once your order is processed.
Your order may be cancelled and money refunded.
Your order may be backordered/delayed.
Your order may take longer to be delivered to you.
You will likely pay a higher price for the same product you could have purchased cheaper just 2 months ago
This post was edited on 1/29/21 at 6:04 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 6:12 am to
I’m not going to argue with you dude
my question to the OP was about caliber, he mentioned 7.62 specifically

If he meant 7.62x39 then yes it’s readily available at 0.50/round and always has been and always will be. I know because it’s what I shoot and I buy it all the time

if it’s 7,62x51 NATO (M14) my question would be, what is the market for that? I just got done investing in and helping set up a new ammo loading facility in BR making 9MM and 223, so I know what I’m talking about and my questions are legitimate (to the OP)

Have a nice day
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7370 posts
Posted on 1/29/21 at 6:13 am to
Thanks for the tip. I set an alert to consider buying if it breaks above $5.96 again on strong volume. Sounds promising!
Posted by L S Usetheforce
Member since Jun 2004
22765 posts
Posted on 1/29/21 at 6:17 am to
quote:

I just got done investing in and helping set up a new ammo loading facility in BR making 9MM and 223, so I know what I’m talking about and my questions are legitimate (to the OP)


Can you direct us to this magical place with 223 and 9mm so I can buy some? I have delays on those rounds on bulk orders since July
This post was edited on 1/29/21 at 6:19 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 6:18 am to
Revolution Ammo on Choctaw drive down the street from the brickyard
Posted by L S Usetheforce
Member since Jun 2004
22765 posts
Posted on 1/29/21 at 6:20 am to
In stock today?
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 6:38 am to
no idea I’m not involved anymore.
they just got set up

it’s irrelevant to the question about ammo, inc
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/29/21 at 6:44 am to
It’s totally relevant. You linked a database with warnings about retailers and ammo demand. You pumped up your relationship with a company that has no website who creates the two of the most desired shooting rounds in the US. Demand is at an all time high, supply is low.
This post was edited on 1/29/21 at 6:45 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 6:50 am to
what’s the demand on 7.62x39?
what’s the demand on 7.62x51?

you know...the caliber cited by the OP as a reason to invest

I own VSTO and OLN BTW, actual manufacturers making rounds people are actually buying
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/29/21 at 7:03 am to
Ah so its just ammo inc you don’t believe makes rounds...got it. Highly invested in two other ammo companies but not this one.

Cause somehow you’ve gotten stuck on one contract and ignored that they supply all rounds under three different subsidiaries.
This post was edited on 1/29/21 at 7:04 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38794 posts
Posted on 1/29/21 at 7:10 am to
holy shite man are you dense?
I asked a question about 7.62 because the OP brought it up!

I’m done here, you win.
here’s your internet ribbon
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/29/21 at 7:12 am to
No bro you are dense. You are shitting on DD about a company over one tiny snippet of the info. You are acting like your specific ammo is easy to get when it isn’t and then you pump up that you own the only two other ammo stocks competing against them.
This post was edited on 1/29/21 at 7:13 am
Posted by dragginass
Member since Jan 2013
2743 posts
Posted on 1/29/21 at 8:17 am to
quote:


If he meant 7.62x39 then yes it’s readily available at 0.50/round and always has been and always will be. . I know because it’s what I shoot and I buy it all the time



Clearly you don't know. 7.62x39 steel case sells for $0.25 or less in a normal market. It is available online for $0.50-$0.85 right now.

Matter of fact, I was able to get a case of 1k for as low as $350(of course) as recently as last month.
This post was edited on 1/29/21 at 8:20 am
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