After a disastrous de-spac, I really like the setup now. They currently have a market cap of \~$84M and about \~$100M with cash on hand. The ATF is proposing rules where retailers can ship guns directly to the consumer, those are entering the 'public comment' phase. It was also pinned in overnight trading between the 5th and 6th at 20%, it's a weird looking chart. Everything I've seen in the last 72 hours feels like accumulation. Whether it's for a pump or for a rug pull, that's yet to be seen.
Postions:
5000 shares @ $2.81
165 2.5C (July 17th)
a few 5C Aug 21st
I will probably look to roll the 2.5C in the next few days. It's one of the few green tickers today in a sea of red today.