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Smith & Wesson Holding Corporation Message Board

  • buddybear2222 buddybear2222 Dec 7, 2012 5:33 PM Flag

    Wow, unbelievable day.. great entry point

    What is pathetic about this sell off is the fact its not warranted. If your long, add to your position for sure. If you have not taking a position, great entry point. The QTR was good, outlook was raised, & most importantly... they are going to buy back 20 mil. dollars in stock. Keep this in mind, companies only buy back stock & or pay dividens if one,, they have hoards of cash to spend, two if they see that the long term outlook is very good for the company. Because one thing a company will not do if they see any problems on the horizon(the business environment) is spend cash & certainly not spend 20 million for there own stock. And these cracker jack people that call themselves analyst's are even more pathetic. This compamy has continuesly fired on all cylinders & offers a product in high demand. This will continue. Longs, all I can say is add add add..

    Sentiment: Buy

 
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