Amazing. That company is over valued to unbelievable levels. Debt almost equals sales, and EV/EBITDA is so out of whack (due to the high debt) its crazy. All the short money should go over there. It is actually funny
Politically motivated shorts are going after the source of the EVIL guns, and are currently not so intent on attacking the retailers. Doesn't seem like evaluation metrics matter, just like we can be in the most physical metal bullish scenario in history with the money supply being expanded at historically unprecedented levels (the real definition of inflation) and they orchestrated a takedown on Gold and Silver, probably through their too big to fail bankster buddies.
There would be much more embarrassment to them after the defeat in the Senate to have the gun companies share prices soar like a !@#$% and for every news media outlet to be commenting on it (liberal ones might still sweep it under the rug). A few sporting good stores.......not so much.
Yes amazing....it held its gains today too, and that surprises me. Cabella's must have given extremely good guidance is all I can figure. In fact, it looks as it must have gained more during the day. So bump this Post for those Shorts....hahaha....take the bait, but it very well could work out that way. Guess we will see.