Nov. 13 at 4:31 AM
$PEW “Which one goes to zero first?”
Not
$POWW — they literally run a marketplace with many years of history raking in at least 50 million per year operating 87% gross margins.
PEW on the other hand?
Declining revenue, razor thin margins…For the full year 2024 (ended Dec 31), PEW posted revenue of ~
$93.12 million, which is a 3.28% decline year-over-year…gross margin ~ 10.65%, and net profit margin ~ 3.76%.
Clearly both of these stocks have been beat up since their highs, but forget that. Which company stands to last?!
Without a major catalyst, if the wind blows the wrong way, lights out for PEW. There’s just not enough meat on the bones for the dogs even to fight over, barring major catalyst. Gltya…if yall are doing good business we will be too…so honestly hope the earnings show up! Closed the short from 6.66…
