I know alot of people don't like this stock because "Guns Kill", not people. The fact is this company can't meet the demand for their products even after the increase in production that the offering funded. This company is making money for their investors and you may not like guns but do you like money. If you don't like guns you should, they are a tool used to help save lives and THAT'S A FACT !
No ramp up into earnings. Max Production, max profits, the PPS can ONLY go one way !
Very good article on bloomberg news about new gun patents being at a 35 year high and sales increasing:
Oh - and look at this one:
".it is not right for the benefit of this forum for me to be down on SWHC as such."
What a crock! If he feels that there are legitimate concerns about the valuation of SWHC, please let everyone know.... instead we get the melodrama ".it is not right for the benefit of this forum for me to be down on SWHC as such."
Dopey just announced he was short SWHC.... I guess in his world, selling calls is not being short... but hey, you short the call, your short the stock; same sentiment, same motivations.
Sounds alot like Dat???
If I were short the stock, I would write inspiring messages like Lourde Chatterly's as well.
I wish they gave sw the same valuation as crocs or twitter. You are dead on about revenue numbers. I think they will beat on 12\10, and this quarter might get some carryover from the lost eight days. Remember they aren't building for inventory quite yet, I think it's all sell through still.
And too, the shorts last hope was for an executive order. Well, after the health care fiasco broke open, the red state democrats will not tolerate any more tom-foolery from the administration. The red state dems are fighting for their very lives, and some wild exec order just might just finish off a few more.
If the Republicans take the senate, Holder is done for, Obama is the lamest of ducks, Hillary is called to testify on Bengazi, and Supreme court nominations will be determined by the Republicans. The dems know this, and that is why they killed the filibster and will be loading the dc circuit.
Look at the last report. Great numbers thru the roof. They revised earnings down due to 8 less manufacturing days and every story I read afterward explained it as gun demand declining. Nothing about 8 less days. Nothing about beating year est. Ruger numbers thru the roof. Ruger reports their 40% div.for the qtr which is historically less due the slowest quarter and every report comes out and says Ruger slashes div. when in reality it was more per share YoY. Not to mention the CAB earnings. It can't be more apparent that there is an orchastrated effort after every earnings report to twist and be selective in their analysys. I think they would bash if they projected 100% profit next qtr because lets face it, growth up until hasn't been enough (sarcasm). Rugers price recovered and then some but not Smith's.
It would be an LTM, or trailing four quarter number, as to when the shares are measured, it is likely on a monthly basis. You are asking me questions that bring back painful memories of studying all that &^%$ in college.
hi. equity. Thank you. how do they use for WAS during quarterly earnings? LTM? Average for that quarter? What can we expect for Smith. thanks again.
The first step toward calculating simple EPS is determining the weighted average number of shares (WAS) outstanding. While earnings accumulate throughout the year, the actual number of outstanding shares often fluctuates. This information can be found on the balance sheet's shareholder equity portion.
Calculation example: Company X had 400 shares outstanding in the first and third quarters, 600 shares outstanding in the second quarter and 2,400 shares outstanding in the fourth quarter.
Note: Remember that four quarters of three months each equals one year: One quarter, or 3 months/12 months = 0.25
Q1: 400 x 0.25 = 100
Q2: 600 x 0.25 = 150
Q3: 400 x 0.25 = 100
Q4: 2,400 x 0.25 = 600
100 + 150+ 100+ 600 = 950 total weighted average number of shares outstanding.
Nasdaq showes 63,157,000 outstanding shares, not sure about the date they are accounted for!
Be careful. For eps and other gaap purposes, outstanding shares is based on an averaging or weighting method.
For non gaap purposes such as. Enterprise valuation or market cap, it is based on actual outstanding at a point in time.
The 100m was completed in July and the company didn't announce it until Oct 1st. Not sure why they had to wait so long but that was about the time they officially announced the additional 15m. With or without a dividend the company is very undervalued. The market may be punishing them for a poor BOD but I think the financial position of the company is flying under the radar right now.
54% Institutional ownership.
55-56m shares available to trade
30% short interest as of 10/31
40%-60% shares traded every day are short.
Guessing 12% growth.