PE PEW GrabAGun Digital Holdings Inc. Loading... : Investor Sentiment and Bull/Bear Views

The author argues GrabAGun Digital Holdings ($PEW) is a Benjamin Graham net-net: around a $54.3M market cap against $97.5M cash and $19.2M liabilities, leaving roughly $78.3M in liquid value. The catalyst case is a potential short squeeze given ~15% short interest, 10-16 days to cover and a tight float, plus NFA stamp removal expected to improve EPS in coming quarters and an ATF rule change to allow DTC gun sales that would make it the "Amazon of Guns." The author says they are a bag holder and down, so this is not without risk.

The author argues $PEW is primed for a massive short squeeze because 20% short interest with 16 days to cover and no sellers makes shares hard to borrow. Supporting fundamentals cited are a $53M market cap against $97M cash, no debt, $104M revenue, break-even earnings, 15% revenue growth, new partnerships and an ongoing buyback. The catalyst is the squeeze expected in the coming days; the main risk implied is that the squeeze thesis depends on shorts actually being forced to cover.

The author argues PEW shorts are trapped with 16 days to cover and 20% short interest against only 29m shares outstanding, setting up a massive short squeeze in coming days. Supporting fundamentals cited: $53m market cap versus $97m cash, no debt, $104m revenue, break-even earnings, 15% revenue growth, new partnerships and an active share buyback. Main risk implied is that the squeeze thesis depends on shorts being forced to cover.