As a lawyer would say....it depends.
If at the earnings they mention that they got the military business...up 60 70%! Otherwise I predict 18 by years end.
Longs, where you thinking this goes after next earnings announcement. Once we break $17? I own the guns RGR SWHC OA VSTO in a bundle. May sell the next SWHC break out. Regards
Well its free and some on these boards are very wise folks and are useful in investing. But these other nutcases ruin everything. These yahoo financial boards original intent was to discuss the underlying entity.
due it diFFErENT likE thEY DUE in HalFGhanIstanzer haWWWWWWWgERSvILLE
inSteAD oF gOInG out anD juST ShootYINg it
tern it around in2 your head and
U Will b rememkburd
U WIILL b REMEM biRD
juST DUE it
Still around. No position right now. Moved much to cash. Waiting on market to take a big du..
SWHC will get dragged down with it.
Parent - It's remarkable how little activity there is these days on this board, except for the rather eccentric poster we've all put on ignore!
Nonetheless, I'm always interested in anyone's thoughts on the prospects for making money with this company, regardless of their ideological position. So thanks for replying.
Thanks for the insights. I'm tempted to buy a wee bit more even at the current price as I also anticipate a decent earnings report.
Decline is possibly due to Schumer's new gun control push to make it harder for criminals and the mentally unstable to get guns (as if). Or possibly in anticipation of King Obama making some sweeping new executive action, as he has proven quite effective at largely due to meeting no resistance from our Republican #$%$ in Washington.
Of course anyone who's been paying attention knows that these type of actions greatly spur the sale of firearms, thus helping SWHC and RGR, while also making Obama the greatest firearms salesman in the history of mankind.
Further, SWHC is set to announce earnings later this month, which I am betting will be relatively better than RGR's very good recent earnings. And even with SWHC's recent rise, it still has a P/E half of RGR. Short interest is still high at 17%, but that's a shadow of what it was, as I imagine many of the Shorts are growing tired of getting roasted on a regular basis.
All in all, gotta call it a Hold-it-if-you-got-it. Imagine I would be adding if it drops below 14.50 before earnings, but not anticipating having that opportunity.
@smithmanmodel10 - I'm here, though I'm not starting to feel lonely.
I typically post to call out/challenge off-topic ideological spam, misrepresentations of facts, or when I have something important to say that's relevant to SWHC. In the absence of these situations I'm trying to keep my mouth shut, LOL
Anyone out there anymore? Where's Liberty and Parent? I'm starting to feel lonely!
Seriously, curious about the 4% decline today. I can't find any news although of course the market as a whole is down. As is oil big time but what would that have to do with Smith and Wesson? Maybe I just have more time on my hands than the rest of you guys.