SWHC's downs tightly more over 3 months.....but I don't think that info is relevant since it reflects RGR's most recent results but not SWHC's. The question at hand is how have SWHC's results been this past 3 months when we know other gun companies have had a difficult time. If Smith reports a good qtr it will definitely be a surprise and the stock should get a nice pop. If Debney uses this qtr to "write off" everything, (as I believe he might do) then watch out below.. From his own "performance" standpoint, he gets cover this qtr from everyone else's horrible results. Going forward, he will have easier comps and the gun market is still iffy looking out over the next few qtrs IMO. The distributors are up to their eyeballs in guns that have lost value. It's unclear when they will want to start replacing inventory.
I detest the political bias that has completely corrupted the TV news; all forms of news delivery for that matter. It is all editorialized. As to TV, it's Fox delivering one side, everyone else the other. Direct to your accusation, I do not accept any of it as "sold" ...
All possible now. Although I do think the price has been hammered pretty good so far. Between RGR and last guidance. I haven't looked at it but has Smith fallen farther than RGR yet based on RGR's horrible QTR?
hey alpo you keep posting replies to someone who is ignoring you...
Most amusing, wipe the spittle from your monitor then give it a REALLY REALLY good punch... you will feel so much better afterwards...lol
Not the same person as libertee and as I recall, you aren't even a bag holder or a short meaning you are here strictly for political reasons. So yes, this an message board for investors so what place do you really have here? There's facebook and twitter platforms ya know?
Either a "requirement" or a "practical necessity". My reason for doubting S&W's chances in winning the contract was irregardless of whether they had the best product, they were a fish out of water when dealing with the military vs Beretta or Sig (or even Colt)... now that's not an issue. From a gun enthusiast standpoint I would hate to see S&W get sucked up by GD but the civilian market is "fickle" at best and I'm thinking S&W might be looking for some deep pockets right now. If I recall the BOD has a "golden parachute" provision in the event of a change of control. The question would be at what price per share. In my typical "what's the worst thing that could happen" frame of mind, what if Debney reports a horrible qtr with miserable guidance, the stock gets hammered , and the GD rides in to scoop it up on the cheap with a stock swap. SWHCs BOD get a big pay day and ride off into the sunset with their GD stock.
It's not a done deal but GD has more military clout than Beretta or Sig.... SWHC is on the inside track now and does bring up the possibility of GD opening doors with foreign nations.