Dec. 9 at 1:08 AM
$ONDS If the market admired gun stocks like it admires ONDS:
$POWW would be a
$50 stock
$PEW would be a
$260 stock
Instead we’re sitting at
$1.90 and
$3.50 because the market is actually evaluating the fundamentals…instead of going full fomo mode.
So honestly… POWW and PEW don’t look bad at all in comparison. Even after the beatdowns over time.
Comparatively, they actually look undervalued next to ONDS’s fantasy 92× revenue multiple.
And if that’s the bar the market is using?
The real money isn’t just in the gun stocks…
It’s in the ONDS short when reality finally catches up to that
$3.3B fever dream.
multiples eventually matter.
If you are bag holding 11.70, it should feel great to cut losses now. The liquidity the past few weeks has been on the exit. Don’t say you haven’t been warned.