If you believe in politics influencing business then you need to study up on PUSA.
Basically, they make small drones and are in the bidding for a Pentagon contract. Even a modest allocation of the $1B budget could justify a $200-300M market cap,
Trumps are involved, Daddy Trump is making it so military parts need to be sourced exclusively from U.S. companies. Guess who benefits from that news?
The merger is expected to close by end of summer. This is a high risk high reward play. There are PIPE investors at $3 and early warrant holders, but I think the stock has reached a strong level of support.
I'm holding a lot of shares. Targeting $20+ when the shorts get squeezed.
NFA.