Jun. 20 at 4:51 PM
$MAMO part 2
Another thing worth noting is that many of these developments are still in their early stages. The Tractor Supply rollout is only beginning its fulfillment phase, the fleet business continues expanding into government and municipal markets, and several of the company's AI and autonomous mobility initiatives remain under development. If management continues executing and provides additional updates on these efforts, it will be interesting to see how the story plays out over the coming quarters.
With a float of 9.3M shares and insider ownership near 78%, it's worth keeping on the radar if volume starts returning.
The combination of retail expansion, fleet growth, government orders, and AI-related initiatives has created a much larger story than what the company was a year ago. Despite all of this, the stock continues to trade around the
$1 area and remains in consolidation.
If volume starts returning and buyers reclaim key resistance levels, this could be interesting
