SWHC Management and the new CFO seems to be getting the house ready for a takeover. I have been involved in two of these int he past and some of theri moves seems to repeat the same patterns I saw. While I would hate this it would come to that, it seems quite obvious. It would not be all that bad for investors because I believe the fair market value for the stock would be $5.50-$6.00 per share and at least they would get rid of current management and the profittable businesses would work well for another company. Not the way I wanted it to play out but .......
You are correct, Sir.
I was hoping that this would go down some more before someone stated the obvious. I have rided 3 of these in the past 5 years, and except for ADCT, which I exited 9 months too soon, this is exactly the pattern.
I think SWHC is sold before the next 2 QTR announcements. However, my target price is between 5-5.25. Obama is starting to flex muscle on gun controls and since the security function has been written off, this is an ideal target for consolidation. I'm waiting for the low 3 level before going all in.
great takeover for Glock prvt equity group. They knock out their main competition when the stock tanks to 2 dollars within 3months. Theyll buy the company with less than 100 million. Glock gets into revolvers and hunting business to. Alls they have to do is wait out the DOJ decision. Great Job SW Board, you couldnt even run a lemonade stand business.