Sometimes I think we can't blame everything on the shorts. It's also a bunch of lily-livered longs who let themselves get shook out. I'm not in this stock yet, but it is pretty ASTOUNDING. It CAN'T be that expectations were higher since they exceeded their guidance from their RECENT pre-announcement.
I suppose there could have been SOME disappointment over the share repurchase program instead of a regular dividend or special dividend.
Background checks came in at a record number in Nov. (2,006,919), and Oct.'s number was a record amount for that particular month dating back to '99 (1,614,032). The numbers would suggest a strong current quarter for gun companies.