Ondas at a Crossroads: Real Defense Contracts, Real Dilution - A Mid-Term Short Setup
Ondas (ONDS) has turned heads with blockbuster Q1 results and a raised 2026 revenue target, but the balance sheet and capital structure story is messy. With shares outstanding and float now in the half-billion range and valuation metrics that look extreme on trailing numbers, there is an actionable mid-term short opportunity. This trade bets on sen…