I believe that SWHC will announce earnings that will exceed the most high expectations and forecast new highs in future revenue forecasts.
I look for anyone to contradict my statements.
As much as those who have shorted this stock, and as much as Hamman has wished and hoped that the announcement on September 6th, will be one that states that SWHC looks ahead and see's no new growth into the next year, and declining revenues, I say you are WRONG!
I reget the day that I bought this stock. I bought it knowing that it was depressed.
Wow, I didn't know that one analyst could take a stock down for no other reason than he could, and that the same analyst would be questioned by all his peers. His position will be questioned soon. Let's start with September 6th.
The last three quarterly reports exceeding expectations, and the stock rose 15-20% above it's previous high when it was through. Went to the gun store this weekend. Without even asking, they told me SWHC was even bigger than Rugers...2.5 to 1.
SWHC had guns labeled DEMO NOT FOR SALE because they were tired of saying "No, you cannot by the display model".
Well, we will find out in a mere 3 trading days. My thoughts have always been that this stock was way low in price because of poor investments by a prior management team. That team has been replaced and the company is now focused on core business...guns.
With all of the writedowns now over, we don't have to look back at them. SWHC now gets to show their true worth without any more hangovers. I believe that we will be looking at one of the cheapest forward PE's in one of the highest growing markets that SWHC has seen in 10 years. All SWHC will need is a big government contract that makes the private sector boom...moot.