Red Cat Holdings, Inc. (RCAT): A Bull Case Theory 

We came across a bullish thesis on Red Cat Holdings, Inc. on r/pennystocks by BuffettsBrother. In this article, we will summarize the bulls’ thesis on RCAT. Red Cat Holdings, Inc.’s share was trading at $14.03 as of January 15th. RCAT’s trailing P/E was 1.12 according to Yahoo Finance.

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Red Cat Holdings (RCAT) is a U.S.-based drone manufacturer that has recently drawn significant attention following an extraordinary surge in reported revenue,...