CashMoneyInTheBank
$UMAC $RCAT $ONDS
UMAC earnings call is an Update on the wider drone market and is pretty insightful. It basically tells us what we already know, but the market behaviour towards these stocks have nothing to do with the fundamentals. So if you were worried about drones suddenly lowering in importance and demand that is not the case. Unfortunately the market decided we are the ugly duckling and multiples are compressed despite parabolic growth on the horizon. Macro environment is cooked. Stocktwits is nearly an unusable bot farm at this point.
It hurts but who cares if you have a long runway. The story is only improving and that 1.5T defense budget should actually get rammed through as the last death rattle for the republicans. We all wish we had more cash to throw in, I’m already at my limit in the sector but I’ll break my rules we get any lower. These prices in the long run are a complete steal.
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