Ammo Inc's largest investor wants to take control of the ammunition manufacturer's board and boost the firm's profit through growth in e-commerce of firearms, outdoor sporting and related goods, ...

AMMO is undergoing some strategic changes. I do not believe these changes are enough to do the trick. The company will likely continue to bleed cash for a very long time on preferred stock dividends.

Ammo has rebounded over the past few weeks, reversing course into an uptrend, and is possibly preparing to print its next higher low on Tuesday. Ammo was testing the eight-day exponential moving ...