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Why AMMO Tumbled 14.5% This Week ~ the market is focusing on the wrong data ~ article on Wall Street

TheRoarOfTheCrowdTheRoarOfTheCrowd Member, Swaye's Wigwam Posts: 1,563
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edited May 2022 in Tug Tavern
https://www.fool.com/investing/2021/07/18/why-ammo-tumbled-145-this-week/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

An interesting article which explores the dynamics of the assumed causation of what investors are assuming to be "triggering events" for ammo sales as a predictor of future price movement... in this the assumption of cause and effect is simply the number of new FBI checks for new ammo buyers, a limited assumption which by definition does not consider existing customer demand and the state of inventory supply demand characteristics. In and of of itself this doesn't mean its a a buy or a sell in my opinion, but this is an interesting event to consider the implications of.
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